FLIGHT SCHOOL PROMOTION: 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 SCHOOL PROMOTION
Largest movements
- Tangible fixed assets +€67,969
up €67,969 (+27.4%), from €247,972 to €315,941
of which Furniture and vehicles: +€58,971
- Deferred charges and accrued income +€5,848
up €5,848 (+48.5%), from €12,063 to €17,911
- Cash +€5,386
up €5,386 (+10.3%), from €52,176 to €57,562
mainly Trade debts (+€59,776) and Net result for the year (+€43,508)
- Trade debts +€59,776
up €59,776 (+63.8%), from €93,709 to €153,485
- Profit (loss) carried forward +€43,508
up €43,508, from -€40,476 to €3,032
- Debts after one year -€22,339
down €22,339 (-16.3%), from €136,768 to €114,429
- Gross operating margin +€51,515
up €51,515 (+395%), from €13,038 to €64,553
- Other operating charges +€1,264
up €1,264 (+276%), from €457 to €1,721
- Financial charges +€860
up €860 (+23.1%), from €3,719 to €4,579
- Depreciation -€761
down €761 (-4.9%), from €15,497 to €14,736
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 | €317,086 | €400,098 | +€83,012 | +26.2% |
| Fixed assets | 21/28 | €251,972 | €320,941 | +€68,969 | +27.4% |
| Tangible fixed assets | 22/27 | €247,972 | €315,941 | +€67,969 | +27.4% |
| Plant, machinery and equipment | 23 | €6,094 | €15,093 | +€8,999 | +148% |
| Furniture and vehicles | 24 | €241,878 | €300,848 | +€58,971 | +24.4% |
| Financial fixed assets | 28 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Current assets | 29/58 | €65,114 | €79,156 | +€14,042 | +21.6% |
| Amounts receivable within one year | 40/41 | €875 | €3,683 | +€2,808 | +321% |
| Trade receivables | 40 | €417 | €3,683 | +€3,266 | +783% |
| Other amounts receivable | 41 | €458 | - | -€458 | |
| Cash at bank and in hand | 54/58 | €52,176 | €57,562 | +€5,386 | +10.3% |
| Deferred charges and accrued income | 490/1 | €12,063 | €17,911 | +€5,848 | +48.5% |
| Total equity and liabilities | 10/49 | €317,086 | €400,098 | +€83,012 | +26.2% |
| Equity | 10/15 | €62,636 | €106,144 | +€43,508 | +69.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,112 | €3,112 | = | 0.0% |
| Distributable reserves | 133 | €3,112 | €3,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,476 | €3,032 | +€43,508 | |
| Amounts payable | 17/49 | €254,450 | €293,954 | +€39,504 | +15.5% |
| Amounts payable after more than one year | 17 | €136,768 | €114,429 | -€22,339 | -16.3% |
| Financial debts | 170/4 | €136,768 | €114,429 | -€22,339 | -16.3% |
| Amounts payable within one year | 42/48 | €117,682 | €179,296 | +€61,615 | +52.4% |
| Current portion of amounts payable after more than one year | 42 | €23,707 | €24,181 | +€474 | +2.0% |
| Trade debts | 44 | €93,709 | €153,485 | +€59,776 | +63.8% |
| Suppliers | 440/4 | €93,709 | €153,485 | +€59,776 | +63.8% |
| Taxes, remuneration and social security | 45 | - | €1,630 | +€1,630 | |
| Taxes | 450/3 | - | €1,630 | +€1,630 | |
| Other amounts payable | 47/48 | €265 | - | -€265 | |
| Accrued charges and deferred income | 492/3 | - | €229 | +€229 | |
| Non-recurring operating income | 76A | - | €49,584 | +€49,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,497 | €14,736 | -€761 | -4.9% |
| Other operating charges | 640/8 | €457 | €1,721 | +€1,264 | +276% |
| Gross operating margin | 9900 | €13,038 | €64,553 | +€51,515 | +395% |
| Operating profit (loss) | 9901 | -€2,917 | €48,096 | +€51,012 | |
| Financial income | 75/76B | €0 | €16 | +€16 | +4,938% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +4,938% |
| Financial charges | 65/66B | €3,719 | €4,579 | +€860 | +23.1% |
| Recurring financial charges | 65 | €3,719 | €4,579 | +€860 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,635 | €43,532 | +€50,168 | |
| Income taxes | 67/77 | - | €25 | +€25 | |
| Profit (loss) for the period | 9904 | -€6,635 | €43,508 | +€50,143 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,635 | €43,508 | +€50,143 |
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 20 October 2026 via checked.be.