FLIGHT DATA ANALYTICS: 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.
FLIGHT DATA ANALYTICS
Largest movements
- Cash +€19,683
up €19,683 (+59.0%), from €33,386 to €53,069
mainly Net result for the year (+€81,506) and Other debts (+€25,268)
- Current investments +€4,602
up €4,602 (+23.6%), from €19,482 to €24,084
- Other debts +€25,268
up €25,268 (+54.7%), from €46,218 to €71,486
- Tax, wage and social debts -€1,805
down €1,805 (-100%), from €1,805 to €0
- Gross operating margin -€21,820
down €21,820 (-17.3%), from €126,395 to €104,575
- Financial income +€6,084
new in 2025: €6,084
- Taxes -€3,854
down €3,854 (-12.1%), from €31,805 to €27,951
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 | €68,986 | €92,575 | +€23,589 | +34.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,443 | €640 | -€804 | -55.7% |
| Tangible fixed assets | 22/27 | €1,443 | €640 | -€804 | -55.7% |
| Furniture and vehicles | 24 | €1,443 | €640 | -€804 | -55.7% |
| Current assets | 29/58 | €67,542 | €91,935 | +€24,393 | +36.1% |
| Amounts receivable within one year | 40/41 | €13,837 | €13,925 | +€88 | +0.6% |
| Trade receivables | 40 | €11,610 | €9,400 | -€2,210 | -19.0% |
| Other amounts receivable | 41 | €2,227 | €4,525 | +€2,298 | +103% |
| Current investments | 50/53 | €19,482 | €24,084 | +€4,602 | +23.6% |
| Cash at bank and in hand | 54/58 | €33,386 | €53,069 | +€19,683 | +59.0% |
| Deferred charges and accrued income | 490/1 | €837 | €857 | +€20 | +2.4% |
| Total equity and liabilities | 10/49 | €68,986 | €92,575 | +€23,589 | +34.2% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €48,526 | €72,115 | +€23,589 | +48.6% |
| Amounts payable within one year | 42/48 | €48,526 | €72,115 | +€23,589 | +48.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €503 | €629 | +€126 | +25.1% |
| Suppliers | 440/4 | €503 | €629 | +€126 | +25.1% |
| Taxes, remuneration and social security | 45 | €1,805 | €0 | -€1,805 | -100% |
| Taxes | 450/3 | €1,805 | - | -€1,805 | |
| Other amounts payable | 47/48 | €46,218 | €71,486 | +€25,268 | +54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €591 | €804 | +€212 | +35.8% |
| Other operating charges | 640/8 | €337 | €350 | +€12 | +3.7% |
| Gross operating margin | 9900 | €126,395 | €104,575 | -€21,820 | -17.3% |
| Operating profit (loss) | 9901 | €125,466 | €103,422 | -€22,044 | -17.6% |
| Financial income | 75/76B | - | €6,084 | +€6,084 | |
| Recurring financial income | 75 | - | €6,084 | +€6,084 | |
| Financial charges | 65/66B | €80 | €49 | -€32 | -39.4% |
| Recurring financial charges | 65 | €80 | €49 | -€32 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €125,386 | €109,457 | -€15,929 | -12.7% |
| Income taxes | 67/77 | €31,805 | €27,951 | -€3,854 | -12.1% |
| Profit (loss) for the period | 9904 | €93,581 | €81,506 | -€12,075 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €93,581 | €81,506 | -€12,075 | -12.9% |
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 15 October 2026 via checked.be.