Brussels Flight Simulators: 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.
Brussels Flight Simulators
Largest movements
- Cash +€32,719
up €32,719 (+154.1%), from €21,233 to €53,951
mainly Net result for the year (+€57,418) and Depreciation (+€23,363)
- Tangible fixed assets +€3,987
up €3,987 (+8.2%), from €48,890 to €52,877
of which Plant, machinery and equipment: +€9,874
- Intangible fixed assets -€1,786
down €1,786 (-25.0%), from €7,142 to €5,356
- Profit (loss) carried forward +€57,418
up €57,418 (+21.2%), from -€270,747 to -€213,329
- Debts after one year -€15,667
down €15,667 (-56.2%), from €27,871 to €12,204
- Trade debts -€8,439
down €8,439 (-86.2%), from €9,792 to €1,352
- Tax, wage and social debts +€8,304
up €8,304 (+6768.9%), from €123 to €8,427
of which Taxes: +€7,190
- Other debts -€7,544
down €7,544 (-4.9%), from €153,599 to €146,055
- Gross operating margin +€52,209
up €52,209 (+161.1%), from €32,415 to €84,624
- Depreciation -€6,126
down €6,126 (-20.8%), from €29,488 to €23,363
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 | €80,960 | €115,376 | +€34,416 | +42.5% |
| Fixed assets | 21/28 | €56,923 | €59,124 | +€2,201 | +3.9% |
| Intangible fixed assets | 21 | €7,142 | €5,356 | -€1,786 | -25.0% |
| Tangible fixed assets | 22/27 | €48,890 | €52,877 | +€3,987 | +8.2% |
| Plant, machinery and equipment | 23 | €34,341 | €44,215 | +€9,874 | +28.8% |
| Furniture and vehicles | 24 | €14,549 | €8,662 | -€5,887 | -40.5% |
| Financial fixed assets | 28 | €891 | €891 | = | 0.0% |
| Current assets | 29/58 | €24,038 | €56,252 | +€32,215 | +134.0% |
| Amounts receivable within one year | 40/41 | €2,805 | €2,301 | -€504 | -18.0% |
| Trade receivables | 40 | - | €2,301 | +€2,301 | |
| Other amounts receivable | 41 | €2,805 | - | -€2,805 | |
| Cash at bank and in hand | 54/58 | €21,233 | €53,951 | +€32,719 | +154.1% |
| Total equity and liabilities | 10/49 | €80,960 | €115,376 | +€34,416 | +42.5% |
| Equity | 10/15 | -€125,747 | -€68,329 | +€57,418 | +45.7% |
| Contributions | 10/11 | €145,000 | €145,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€270,747 | -€213,329 | +€57,418 | +21.2% |
| Amounts payable | 17/49 | €206,707 | €183,705 | -€23,002 | -11.1% |
| Amounts payable after more than one year | 17 | €27,871 | €12,204 | -€15,667 | -56.2% |
| Financial debts | 170/4 | €27,871 | €12,204 | -€15,667 | -56.2% |
| Amounts payable within one year | 42/48 | €178,837 | €171,501 | -€7,336 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €15,323 | €15,667 | +€343 | +2.2% |
| Trade debts | 44 | €9,792 | €1,352 | -€8,439 | -86.2% |
| Suppliers | 440/4 | €9,792 | €1,352 | -€8,439 | -86.2% |
| Taxes, remuneration and social security | 45 | €123 | €8,427 | +€8,304 | +6768.9% |
| Taxes | 450/3 | €123 | €7,312 | +€7,190 | +5860.4% |
| Remuneration and social security | 454/9 | - | €1,115 | +€1,115 | |
| Other amounts payable | 47/48 | €153,599 | €146,055 | -€7,544 | -4.9% |
| Non-recurring operating income | 76A | - | €1,090 | +€1,090 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,488 | €23,363 | -€6,126 | -20.8% |
| Other operating charges | 640/8 | €929 | €907 | -€22 | -2.4% |
| Non-recurring operating charges | 66A | €6 | €7 | +€1 | +23.8% |
| Gross operating margin | 9900 | €32,415 | €84,624 | +€52,209 | +161.1% |
| Operating profit (loss) | 9901 | €1,992 | €60,348 | +€58,356 | +2929.8% |
| Financial income | 75/76B | €7 | €501 | +€494 | +7348.2% |
| Recurring financial income | 75 | €1 | €501 | +€500 | +89278.6% |
| Non-recurring financial income | 76B | €6 | €501 | +€494 | +8025.3% |
| Financial charges | 65/66B | €2,868 | €3,299 | +€431 | +15.0% |
| Recurring financial charges | 65 | €2,868 | €3,299 | +€431 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€869 | €57,549 | +€58,419 | |
| Income taxes | 67/77 | €120 | €132 | +€12 | +10.0% |
| Profit (loss) for the period | 9904 | -€989 | €57,418 | +€58,407 | |
| Profit (loss) for the period to be appropriated | 9905 | -€989 | €57,418 | +€58,407 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.