SKYTECH: 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.
SKYTECH
Largest movements
- Cash +€116,159
up €116,159 (+33291.1%), from €349 to €116,508
mainly Net result for the year (+€188,108) and Receivables within one year (+€97,281)
- Receivables within one year -€97,281
down €97,281 (-7.6%), from €1.3m to €1.2m
of which Trade receivables: -€278,820
- Tangible fixed assets +€35,735
up €35,735 (+562.9%), from €6,348 to €42,084
of which Furniture and vehicles: +€33,317
- Receivables after one year -€31,830
down €31,830 (-14.3%), from €222,813 to €190,982
- Profit (loss) carried forward +€143,108
up €143,108 (+21.8%), from €657,862 to €800,970
- Trade debts -€100,045
down €100,045 (-14.5%), from €689,476 to €589,431
- Short-term financial debts -€20,153
down €20,153 (-100.0%), from €20,153 to €0
- Gross operating margin +€82,859
up €82,859 (+45.6%), from €181,608 to €264,467
- Other operating charges +€9,874
up €9,874 (+467.4%), from €2,112 to €11,986
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,517,814 | €1,538,337 | +€20,523 | +1.4% |
| Fixed assets | 21/28 | €6,348 | €42,084 | +€35,735 | +562.9% |
| Tangible fixed assets | 22/27 | €6,348 | €42,084 | +€35,735 | +562.9% |
| Plant, machinery and equipment | 23 | €3,701 | €6,119 | +€2,418 | +65.3% |
| Furniture and vehicles | 24 | €2,647 | €35,965 | +€33,317 | +1258.5% |
| Current assets | 29/58 | €1,511,465 | €1,496,253 | -€15,212 | -1.0% |
| Amounts receivable after more than one year | 29 | €222,813 | €190,982 | -€31,830 | -14.3% |
| Other amounts receivable | 291 | €222,813 | €190,982 | -€31,830 | -14.3% |
| Amounts receivable within one year | 40/41 | €1,283,379 | €1,186,098 | -€97,281 | -7.6% |
| Trade receivables | 40 | €1,045,839 | €767,019 | -€278,820 | -26.7% |
| Other amounts receivable | 41 | €237,540 | €419,079 | +€181,538 | +76.4% |
| Cash at bank and in hand | 54/58 | €349 | €116,508 | +€116,159 | +33291.1% |
| Deferred charges and accrued income | 490/1 | €4,925 | €2,665 | -€2,260 | -45.9% |
| Total equity and liabilities | 10/49 | €1,517,814 | €1,538,337 | +€20,523 | +1.4% |
| Equity | 10/15 | €711,245 | €854,353 | +€143,108 | +20.1% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €47,133 | €47,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,273 | €45,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €657,862 | €800,970 | +€143,108 | +21.8% |
| Amounts payable | 17/49 | €806,568 | €683,984 | -€122,585 | -15.2% |
| Amounts payable within one year | 42/48 | €806,568 | €683,984 | -€122,585 | -15.2% |
| Financial debts | 43 | €20,153 | €0 | -€20,153 | -100.0% |
| Credit institutions | 430/8 | €20,153 | €0 | -€20,153 | -100.0% |
| Trade debts | 44 | €689,476 | €589,431 | -€100,045 | -14.5% |
| Suppliers | 440/4 | €689,476 | €589,431 | -€100,045 | -14.5% |
| Taxes, remuneration and social security | 45 | €51,940 | €49,553 | -€2,387 | -4.6% |
| Taxes | 450/3 | €51,940 | €49,553 | -€2,387 | -4.6% |
| Other amounts payable | 47/48 | €45,000 | €45,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,702 | €11,453 | +€751 | +7.0% |
| Other operating charges | 640/8 | €2,112 | €11,986 | +€9,874 | +467.4% |
| Gross operating margin | 9900 | €181,608 | €264,467 | +€82,859 | +45.6% |
| Operating profit (loss) | 9901 | €168,794 | €241,028 | +€72,234 | +42.8% |
| Financial income | 75/76B | €29 | €31 | +€2 | +7.0% |
| Recurring financial income | 75 | €29 | €31 | +€2 | +7.0% |
| Financial charges | 65/66B | €4,510 | €3,398 | -€1,112 | -24.7% |
| Recurring financial charges | 65 | €4,510 | €3,398 | -€1,112 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €164,313 | €237,661 | +€73,348 | +44.6% |
| Income taxes | 67/77 | €51,245 | €49,553 | -€1,692 | -3.3% |
| Profit (loss) for the period | 9904 | €113,068 | €188,108 | +€75,040 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €113,068 | €188,108 | +€75,040 | +66.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.