Skytree Services: 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.
Skytree Services
Largest movements
- Cash +€43,116
up €43,116 (+707%), from €6,098 to €49,215
mainly Other debts (+€63,329) and Receivables within one year (+€32,816)
- Receivables within one year -€32,816
down €32,816 (-76.2%), from €43,075 to €10,259
of which Trade receivables: -€36,239
- Tangible fixed assets -€2,788
down €2,788 (-20.0%), from €13,926 to €11,137
- Deferred charges and accrued income +€2,545
new in 2026: €2,545
- Other debts +€63,329
up €63,329 (+212%), from €29,915 to €93,244
- Reserves -€62,253
down €62,253 (-97.1%), from €64,108 to €1,855
of which Distributable reserves: -€62,253
- Tax, wage and social debts +€10,622
up €10,622 (+160%), from €6,624 to €17,246
- Trade debts -€2,049
down €2,049 (-100%), from €2,049 to €0
- Gross operating margin -€59,431
down €59,431 (-71.2%), from €83,435 to €24,004
- Taxes -€10,825
down €10,825 (-62.5%), from €17,333 to €6,508
- Depreciation +€3,066
up €3,066 (+103%), from €2,991 to €6,057
- Financial income -€1,026
down €1,026 (-100.0%), from €1,026 to €0
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €121,247 | €131,303 | +€10,056 | +8.3% |
| Fixed assets | 21/28 | €13,926 | €11,137 | -€2,788 | -20.0% |
| Tangible fixed assets | 22/27 | €13,926 | €11,137 | -€2,788 | -20.0% |
| Furniture and vehicles | 24 | €13,926 | €11,137 | -€2,788 | -20.0% |
| Current assets | 29/58 | €107,321 | €120,166 | +€12,845 | +12.0% |
| Amounts receivable within one year | 40/41 | €43,075 | €10,259 | -€32,816 | -76.2% |
| Trade receivables | 40 | €39,325 | €3,086 | -€36,239 | -92.2% |
| Other amounts receivable | 41 | €3,750 | €7,172 | +€3,422 | +91.3% |
| Current investments | 50/53 | €58,148 | €58,148 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,098 | €49,215 | +€43,116 | +707% |
| Deferred charges and accrued income | 490/1 | - | €2,545 | +€2,545 | |
| Total equity and liabilities | 10/49 | €121,247 | €131,303 | +€10,056 | +8.3% |
| Equity | 10/15 | €82,658 | €20,405 | -€62,253 | -75.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €64,108 | €1,855 | -€62,253 | -97.1% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €62,253 | €0 | -€62,253 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €38,589 | €110,898 | +€72,309 | +187% |
| Amounts payable within one year | 42/48 | €38,589 | €110,898 | +€72,309 | +187% |
| Financial debts | 43 | - | €408 | +€408 | |
| Credit institutions | 430/8 | - | €408 | +€408 | |
| Trade debts | 44 | €2,049 | €0 | -€2,049 | -100% |
| Suppliers | 440/4 | €2,049 | €0 | -€2,049 | -100% |
| Taxes, remuneration and social security | 45 | €6,624 | €17,246 | +€10,622 | +160% |
| Taxes | 450/3 | €6,624 | €17,246 | +€10,622 | +160% |
| Other amounts payable | 47/48 | €29,915 | €93,244 | +€63,329 | +212% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,991 | €6,057 | +€3,066 | +103% |
| Other operating charges | 640/8 | €1,130 | €1,391 | +€260 | +23.0% |
| Non-recurring operating charges | 66A | €330 | €0 | -€330 | -100% |
| Gross operating margin | 9900 | €83,435 | €24,004 | -€59,431 | -71.2% |
| Operating profit (loss) | 9901 | €78,983 | €16,556 | -€62,427 | -79.0% |
| Financial income | 75/76B | €1,026 | €0 | -€1,026 | -100.0% |
| Recurring financial income | 75 | €1,026 | €0 | -€1,026 | -100.0% |
| Financial charges | 65/66B | €423 | €338 | -€85 | -20.1% |
| Recurring financial charges | 65 | €423 | €338 | -€85 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €79,587 | €16,219 | -€63,368 | -79.6% |
| Income taxes | 67/77 | €17,333 | €6,508 | -€10,825 | -62.5% |
| Profit (loss) for the period | 9904 | €62,253 | €9,710 | -€52,543 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,253 | €9,710 | -€52,543 | -84.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.