SKYVIEW BALLOONS: 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.
SKYVIEW BALLOONS
Largest movements
- Tangible fixed assets -€157,905
down €157,905 (-14.9%), from €1.1m to €901,339
of which Plant, machinery and equipment: -€136,777
- Receivables within one year -€49,554
down €49,554 (-76.7%), from €64,597 to €15,042
of which Trade receivables: -€48,530
- Cash +€20,085
up €20,085 (+19.3%), from €103,845 to €123,930
mainly Depreciation (+€194,462) and Receivables within one year (+€49,554)
- Debts after one year -€102,001
down €102,001 (-18.0%), from €565,588 to €463,587
- Trade debts -€33,281
down €33,281 (-73.0%), from €45,568 to €12,287
- Reserves -€17,782
down €17,782 (-6.0%), from €293,948 to €276,166
of which Distributable reserves: -€17,782
- Short-term financial debts -€15,000
down €15,000 (-100%), from €15,000 to €0
- Gross operating margin -€82,124
down €82,124 (-29.1%), from €282,522 to €200,398
- Depreciation -€26,085
down €26,085 (-11.8%), from €220,547 to €194,462
- Taxes -€18,891
down €18,891 (-100%), from €18,891 to €0
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 | €1,236,415 | €1,052,586 | -€183,830 | -14.9% |
| Fixed assets | 21/28 | €1,059,244 | €901,490 | -€157,754 | -14.9% |
| Tangible fixed assets | 22/27 | €1,059,244 | €901,339 | -€157,905 | -14.9% |
| Land and buildings | 22 | €509,690 | €489,429 | -€20,262 | -4.0% |
| Plant, machinery and equipment | 23 | €393,045 | €256,268 | -€136,777 | -34.8% |
| Furniture and vehicles | 24 | €147,596 | €99,118 | -€48,478 | -32.8% |
| Leasing and similar rights | 25 | €8,912 | €56,524 | +€47,612 | +534% |
| Financial fixed assets | 28 | - | €151 | +€151 | |
| Current assets | 29/58 | €177,171 | €151,096 | -€26,075 | -14.7% |
| Amounts receivable within one year | 40/41 | €64,597 | €15,042 | -€49,554 | -76.7% |
| Trade receivables | 40 | €60,463 | €11,933 | -€48,530 | -80.3% |
| Other amounts receivable | 41 | €4,133 | €3,109 | -€1,024 | -24.8% |
| Cash at bank and in hand | 54/58 | €103,845 | €123,930 | +€20,085 | +19.3% |
| Deferred charges and accrued income | 490/1 | €8,729 | €12,124 | +€3,394 | +38.9% |
| Total equity and liabilities | 10/49 | €1,236,415 | €1,052,586 | -€183,830 | -14.9% |
| Equity | 10/15 | €312,548 | €294,766 | -€17,782 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €293,948 | €276,166 | -€17,782 | -6.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €293,948 | €276,166 | -€17,782 | -6.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €923,867 | €757,820 | -€166,047 | -18.0% |
| Amounts payable after more than one year | 17 | €565,588 | €463,587 | -€102,001 | -18.0% |
| Financial debts | 170/4 | €565,588 | €463,587 | -€102,001 | -18.0% |
| Amounts payable within one year | 42/48 | €173,704 | €113,819 | -€59,885 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €107,371 | €95,683 | -€11,689 | -10.9% |
| Financial debts | 43 | €15,000 | €0 | -€15,000 | -100% |
| Credit institutions | 430/8 | €15,000 | €0 | -€15,000 | -100% |
| Trade debts | 44 | €45,568 | €12,287 | -€33,281 | -73.0% |
| Suppliers | 440/4 | €45,568 | €12,287 | -€33,281 | -73.0% |
| Taxes, remuneration and social security | 45 | €4,853 | €354 | -€4,498 | -92.7% |
| Taxes | 450/3 | €4,853 | €354 | -€4,498 | -92.7% |
| Other amounts payable | 47/48 | €912 | €5,495 | +€4,583 | +503% |
| Accrued charges and deferred income | 492/3 | €184,575 | €180,414 | -€4,162 | -2.3% |
| Non-recurring operating income | 76A | €15,892 | €24,107 | +€8,215 | +51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,547 | €194,462 | -€26,085 | -11.8% |
| Other operating charges | 640/8 | €10,068 | €7,994 | -€2,074 | -20.6% |
| Gross operating margin | 9900 | €282,522 | €200,398 | -€82,124 | -29.1% |
| Operating profit (loss) | 9901 | €51,907 | -€2,058 | -€53,964 | |
| Financial income | 75/76B | €23 | €34 | +€11 | +48.6% |
| Recurring financial income | 75 | €23 | €34 | +€11 | +48.6% |
| Financial charges | 65/66B | €17,948 | €15,758 | -€2,190 | -12.2% |
| Recurring financial charges | 65 | €17,948 | €15,758 | -€2,190 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €33,981 | -€17,782 | -€51,763 | |
| Transfer from deferred taxes | 780 | €6,101 | €0 | -€6,101 | -100% |
| Income taxes | 67/77 | €18,891 | €0 | -€18,891 | -100% |
| Profit (loss) for the period | 9904 | €21,192 | -€17,782 | -€38,974 | |
| Transfer from tax-exempt reserves | 789 | €21,840 | €0 | -€21,840 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €43,031 | -€17,782 | -€60,814 |
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 17 October 2026 via checked.be.