Skyvest: 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.
Skyvest
Largest movements
- Cash -€32,078
down €32,078 (-17.3%), from €185,524 to €153,447
mainly Contributions, distributions and other (-€160,000) and Other debts (-€43,999)
- Other debts -€43,999
down €43,999 (-23.9%), from €183,764 to €139,765
- Reserves +€8,854
new in 2025: €8,854
- Tax, wage and social debts +€4,609
up €4,609 (+192%), from €2,405 to €7,015
- Gross operating margin -€10,964
down €10,964 (-4.7%), from €232,400 to €221,435
- Taxes -€2,789
down €2,789 (-5.1%), from €55,005 to €52,216
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.
Derived cash bridge
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 | €186,581 | €156,179 | -€30,403 | -16.3% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Current assets | 29/58 | €186,581 | €156,179 | -€30,403 | -16.3% |
| Cash at bank and in hand | 54/58 | €185,524 | €153,447 | -€32,078 | -17.3% |
| Deferred charges and accrued income | 490/1 | €1,057 | €2,732 | +€1,675 | +158% |
| Total equity and liabilities | 10/49 | €186,581 | €156,179 | -€30,403 | -16.3% |
| Equity | 10/15 | €100 | €8,954 | +€8,854 | +8,854% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | - | €8,854 | +€8,854 | |
| Distributable reserves | 133 | - | €8,854 | +€8,854 | |
| Amounts payable | 17/49 | €186,481 | €147,225 | -€39,256 | -21.1% |
| Amounts payable within one year | 42/48 | €186,481 | €147,225 | -€39,256 | -21.1% |
| Trade debts | 44 | €312 | €446 | +€134 | +42.8% |
| Suppliers | 440/4 | €312 | €446 | +€134 | +42.8% |
| Taxes, remuneration and social security | 45 | €2,405 | €7,015 | +€4,609 | +192% |
| Taxes | 450/3 | €2,405 | €7,015 | +€4,609 | +192% |
| Other amounts payable | 47/48 | €183,764 | €139,765 | -€43,999 | -23.9% |
| Other operating charges | 640/8 | €706 | €912 | +€205 | +29.0% |
| Gross operating margin | 9900 | €232,400 | €221,435 | -€10,964 | -4.7% |
| Operating profit (loss) | 9901 | €231,693 | €220,524 | -€11,169 | -4.8% |
| Financial income | 75/76B | €1,503 | €670 | -€833 | -55.4% |
| Recurring financial income | 75 | €1,503 | €670 | -€833 | -55.4% |
| Financial charges | 65/66B | €188 | €125 | -€63 | -33.6% |
| Recurring financial charges | 65 | €188 | €125 | -€63 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €233,009 | €221,069 | -€11,939 | -5.1% |
| Income taxes | 67/77 | €55,005 | €52,216 | -€2,789 | -5.1% |
| Profit (loss) for the period | 9904 | €178,004 | €168,854 | -€9,150 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €178,004 | €168,854 | -€9,150 | -5.1% |
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 27 October 2026 via checked.be.