SKYTIGER: what changed
Two fiscal 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.
SKYTIGER
Largest movements
- Cash -€33,195
down €33,195 (-52.5%), from €63,268 to €30,073
mainly Net result for the year (-€38,099) and Receivables within one year (-€25,444)
- Receivables within one year +€25,444
up €25,444 (+28.3%), from €90,054 to €115,498
of which Trade receivables: +€25,262
- Tangible fixed assets -€1,590
down €1,590 (-41.4%), from €3,839 to €2,249
of which Furniture and vehicles: -€1,250
- Profit (loss) carried forward -€38,099
down €38,099 (-40.6%), from €93,829 to €55,730
- Debts after one year +€32,468
new in 2025: €32,468
- Accrued charges and deferred income -€10,035
no longer reported in 2025 (was €10,035)
- Trade debts +€3,526
up €3,526 (+93.7%), from €3,761 to €7,287
- Tax, wage and social debts +€3,178
up €3,178 (+16.5%), from €19,254 to €22,432
of which Remuneration and social security: +€5,620
- Gross operating margin -€56,059
down €56,059, from €42,972 to -€13,087
- Staff costs +€12,366
up €12,366 (+52.5%), from €23,574 to €35,941
- Financial income +€9,996
up €9,996 (+209.4%), from €4,773 to €14,769
- Taxes -€7,033
down €7,033 (-97.0%), from €7,249 to €216
- Depreciation -€485
down €485 (-23.4%), from €2,075 to €1,590
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 | €158,757 | €149,524 | -€9,233 | -5.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,839 | €2,249 | -€1,590 | -41.4% |
| Tangible fixed assets | 22/27 | €3,839 | €2,249 | -€1,590 | -41.4% |
| Plant, machinery and equipment | 23 | €1,729 | €1,389 | -€340 | -19.7% |
| Furniture and vehicles | 24 | €2,111 | €861 | -€1,250 | -59.2% |
| Current assets | 29/58 | €154,917 | €147,274 | -€7,643 | -4.9% |
| Amounts receivable within one year | 40/41 | €90,054 | €115,498 | +€25,444 | +28.3% |
| Trade receivables | 40 | €2,787 | €28,049 | +€25,262 | +906.4% |
| Other amounts receivable | 41 | €87,267 | €87,449 | +€181 | +0.2% |
| Cash at bank and in hand | 54/58 | €63,268 | €30,073 | -€33,195 | -52.5% |
| Deferred charges and accrued income | 490/1 | €1,595 | €1,703 | +€108 | +6.8% |
| Total equity and liabilities | 10/49 | €158,757 | €149,524 | -€9,233 | -5.8% |
| Equity | 10/15 | €125,436 | €87,337 | -€38,099 | -30.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,007 | €13,007 | = | 0.0% |
| Distributable reserves | 133 | €13,007 | €13,007 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,829 | €55,730 | -€38,099 | -40.6% |
| Amounts payable | 17/49 | €33,320 | €62,186 | +€28,866 | +86.6% |
| Amounts payable after more than one year | 17 | - | €32,468 | +€32,468 | |
| Trade debts | 175 | - | €32,468 | +€32,468 | |
| Amounts payable within one year | 42/48 | €23,285 | €29,719 | +€6,433 | +27.6% |
| Trade debts | 44 | €3,761 | €7,287 | +€3,526 | +93.7% |
| Suppliers | 440/4 | €3,761 | €7,287 | +€3,526 | +93.7% |
| Taxes, remuneration and social security | 45 | €19,254 | €22,432 | +€3,178 | +16.5% |
| Taxes | 450/3 | €13,433 | €10,991 | -€2,442 | -18.2% |
| Remuneration and social security | 454/9 | €5,821 | €11,441 | +€5,620 | +96.5% |
| Other amounts payable | 47/48 | €270 | - | -€270 | |
| Accrued charges and deferred income | 492/3 | €10,035 | - | -€10,035 | |
| Remuneration, social security and pensions | 62 | €23,574 | €35,941 | +€12,366 | +52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,075 | €1,590 | -€485 | -23.4% |
| Other operating charges | 640/8 | €1,667 | €1,844 | +€177 | +10.6% |
| Gross operating margin | 9900 | €42,972 | -€13,087 | -€56,059 | |
| Operating profit (loss) | 9901 | €15,655 | -€52,461 | -€68,117 | |
| Financial income | 75/76B | €4,773 | €14,769 | +€9,996 | +209.4% |
| Recurring financial income | 75 | €4,773 | €14,769 | +€9,996 | +209.4% |
| Financial charges | 65/66B | €172 | €190 | +€18 | +10.4% |
| Recurring financial charges | 65 | €172 | €190 | +€18 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €20,256 | -€37,883 | -€58,139 | |
| Income taxes | 67/77 | €7,249 | €216 | -€7,033 | -97.0% |
| Profit (loss) for the period | 9904 | €13,007 | -€38,099 | -€51,106 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,007 | -€38,099 | -€51,106 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.