SKYSTONE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SKYSTONE
Largest movements
- Receivables within one year -€13,293
down €13,293 (-58.4%), from €22,756 to €9,463
of which Trade receivables: -€14,070
- Tangible fixed assets -€6,490
down €6,490 (-3.6%), from €182,642 to €176,152
of which Land and buildings: -€5,610
- Debts after one year -€8,858
down €8,858 (-6.7%), from €132,392 to €123,534
- Other debts -€7,099
down €7,099 (-25.4%), from €27,989 to €20,890
- Gross operating margin -€6,413
down €6,413 (-13.0%), from €49,440 to €43,027
- Taxes -€657
down €657 (-9.3%), from €7,045 to €6,388
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €244,237 | €225,841 | -€18,397 | -7.5% |
| Fixed assets | 21/28 | €182,642 | €176,152 | -€6,490 | -3.6% |
| Tangible fixed assets | 22/27 | €182,642 | €176,152 | -€6,490 | -3.6% |
| Land and buildings | 22 | €175,596 | €169,986 | -€5,610 | -3.2% |
| Plant, machinery and equipment | 23 | €4,560 | €4,942 | +€382 | +8.4% |
| Furniture and vehicles | 24 | €2,487 | €1,225 | -€1,262 | -50.8% |
| Current assets | 29/58 | €61,596 | €49,688 | -€11,907 | -19.3% |
| Amounts receivable within one year | 40/41 | €22,756 | €9,463 | -€13,293 | -58.4% |
| Trade receivables | 40 | €14,301 | €231 | -€14,070 | -98.4% |
| Other amounts receivable | 41 | €8,455 | €9,232 | +€777 | +9.2% |
| Cash at bank and in hand | 54/58 | €38,744 | €39,028 | +€284 | +0.7% |
| Deferred charges and accrued income | 490/1 | €96 | €1,197 | +€1,101 | +1152.4% |
| Total equity and liabilities | 10/49 | €244,237 | €225,841 | -€18,397 | -7.5% |
| Equity | 10/15 | €63,076 | €63,087 | +€11 | 0.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €59,576 | €59,576 | = | 0.0% |
| Distributable reserves | 133 | €59,576 | €59,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €11 | +€11 | |
| Amounts payable | 17/49 | €181,161 | €162,754 | -€18,407 | -10.2% |
| Amounts payable after more than one year | 17 | €132,392 | €123,534 | -€8,858 | -6.7% |
| Financial debts | 170/4 | €132,392 | €123,534 | -€8,858 | -6.7% |
| Amounts payable within one year | 42/48 | €48,655 | €39,220 | -€9,434 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €8,525 | €8,858 | +€333 | +3.9% |
| Trade debts | 44 | €2,756 | €1,692 | -€1,064 | -38.6% |
| Suppliers | 440/4 | €2,756 | €1,692 | -€1,064 | -38.6% |
| Taxes, remuneration and social security | 45 | €9,385 | €7,780 | -€1,605 | -17.1% |
| Taxes | 450/3 | €9,385 | €7,780 | -€1,605 | -17.1% |
| Remuneration and social security | 454/9 | €0 | - | -€0 | |
| Other amounts payable | 47/48 | €27,989 | €20,890 | -€7,099 | -25.4% |
| Accrued charges and deferred income | 492/3 | €115 | - | -€115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,576 | €8,925 | +€349 | +4.1% |
| Other operating charges | 640/8 | €1,507 | €1,716 | +€209 | +13.9% |
| Gross operating margin | 9900 | €49,440 | €43,027 | -€6,413 | -13.0% |
| Operating profit (loss) | 9901 | €39,358 | €32,386 | -€6,972 | -17.7% |
| Financial income | 75/76B | €2 | €36 | +€34 | +1887.2% |
| Recurring financial income | 75 | €2 | €36 | +€34 | +1887.2% |
| Financial charges | 65/66B | €7,043 | €7,323 | +€281 | +4.0% |
| Recurring financial charges | 65 | €7,043 | €7,323 | +€281 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €32,317 | €25,098 | -€7,218 | -22.3% |
| Income taxes | 67/77 | €7,045 | €6,388 | -€657 | -9.3% |
| Profit (loss) for the period | 9904 | €25,271 | €18,711 | -€6,561 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,271 | €18,711 | -€6,561 | -26.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.