Skysun Heliotech: what changed
Skysun Heliotech
Largest movements
- Receivables within one year +€172,658
up €172,658 (+148%), from €116,782 to €289,439
of which Trade receivables: +€150,230
- Stocks and contracts -€61,146
down €61,146 (-69.8%), from €87,626 to €26,480
- Cash -€41,571
down €41,571 (-35.1%), from €118,417 to €76,846
mainly Receivables within one year (-€172,658) and Deferred charges and accrued income (-€23,734)
- Deferred charges and accrued income +€23,734
up €23,734 (+263%), from €9,012 to €32,746
- Accrued charges and deferred income +€63,240
up €63,240 (+111%), from €56,760 to €120,000
- Trade debts +€20,239
up €20,239 (+36.4%), from €55,646 to €75,885
- Reserves +€5,000
up €5,000 (+3.6%), from €140,000 to €145,000
- Gross operating margin -€170,299
down €170,299 (-73.4%), from €231,911 to €61,613
- Taxes -€46,321
no longer reported in 2025 (was €46,321)
- Staff costs +€21,680
up €21,680 (+53.6%), from €40,462 to €62,142
- Financial income +€7,584
up €7,584 (+260%), from €2,913 to €10,497
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,743 | €448,136 | +€87,393 | +24.2% |
| Fixed assets | 21/28 | €28,907 | €22,625 | -€6,281 | -21.7% |
| Intangible fixed assets | 21 | €11,093 | €8,258 | -€2,835 | -25.6% |
| Tangible fixed assets | 22/27 | €17,608 | €14,162 | -€3,446 | -19.6% |
| Furniture and vehicles | 24 | €4,483 | €2,665 | -€1,818 | -40.5% |
| Other tangible fixed assets | 26 | €13,126 | €11,497 | -€1,629 | -12.4% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €331,836 | €425,511 | +€93,674 | +28.2% |
| Stocks and contracts in progress | 3 | €87,626 | €26,480 | -€61,146 | -69.8% |
| Stocks | 30/36 | €87,626 | €26,480 | -€61,146 | -69.8% |
| Amounts receivable within one year | 40/41 | €116,782 | €289,439 | +€172,658 | +148% |
| Trade receivables | 40 | €85,664 | €235,894 | +€150,230 | +175% |
| Other amounts receivable | 41 | €31,117 | €53,545 | +€22,428 | +72.1% |
| Cash at bank and in hand | 54/58 | €118,417 | €76,846 | -€41,571 | -35.1% |
| Deferred charges and accrued income | 490/1 | €9,012 | €32,746 | +€23,734 | +263% |
| Total equity and liabilities | 10/49 | €360,743 | €448,136 | +€87,393 | +24.2% |
| Equity | 10/15 | €197,947 | €198,822 | +€875 | +0.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €140,000 | €145,000 | +€5,000 | +3.6% |
| Distributable reserves | 133 | €140,000 | €145,000 | +€5,000 | +3.6% |
| Profit (loss) carried forward | 14 | €3,908 | €793 | -€3,115 | -79.7% |
| Investment grants | 15 | €4,039 | €3,029 | -€1,010 | -25.0% |
| Amounts payable | 17/49 | €162,796 | €249,314 | +€86,518 | +53.1% |
| Amounts payable within one year | 42/48 | €106,036 | €129,314 | +€23,278 | +22.0% |
| Trade debts | 44 | €55,646 | €75,885 | +€20,239 | +36.4% |
| Suppliers | 440/4 | €55,646 | €75,885 | +€20,239 | +36.4% |
| Taxes, remuneration and social security | 45 | €50,390 | €53,429 | +€3,039 | +6.0% |
| Taxes | 450/3 | €47,451 | €46,321 | -€1,130 | -2.4% |
| Remuneration and social security | 454/9 | €2,940 | €7,108 | +€4,169 | +142% |
| Accrued charges and deferred income | 492/3 | €56,760 | €120,000 | +€63,240 | +111% |
| Remuneration, social security and pensions | 62 | €40,462 | €62,142 | +€21,680 | +53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,884 | €6,281 | +€1,397 | +28.6% |
| Other operating charges | 640/8 | €774 | €819 | +€46 | +5.9% |
| Gross operating margin | 9900 | €231,911 | €61,613 | -€170,299 | -73.4% |
| Operating profit (loss) | 9901 | €185,792 | -€7,629 | -€193,421 | |
| Financial income | 75/76B | €2,913 | €10,497 | +€7,584 | +260% |
| Recurring financial income | 75 | €2,913 | €10,497 | +€7,584 | +260% |
| Financial charges | 65/66B | €2,240 | €983 | -€1,257 | -56.1% |
| Recurring financial charges | 65 | €2,240 | €983 | -€1,257 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €186,466 | €1,885 | -€184,581 | -99.0% |
| Income taxes | 67/77 | €46,321 | - | -€46,321 | |
| Profit (loss) for the period | 9904 | €140,145 | €1,885 | -€138,260 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €140,145 | €1,885 | -€138,260 | -98.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.