FlightCorp: 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.
FlightCorp
Largest movements
- Cash +€10,661
up €10,661 (+48.5%), from €21,980 to €32,641
mainly Other debts (+€10,197) and Depreciation (+€7,266)
- Tangible fixed assets -€6,519
down €6,519 (-22.8%), from €28,652 to €22,133
of which Plant, machinery and equipment: -€6,591
- Current investments -€1,085
down €1,085 (-2.2%), from €50,000 to €48,915
- Other debts +€10,197
up €10,197 (+4,620%), from €221 to €10,417
- Reserves -€4,588
down €4,588 (-5.7%), from €79,952 to €75,364
of which Distributable reserves: -€4,588
- Tax, wage and social debts -€2,368
down €2,368 (-43.2%), from €5,482 to €3,113
of which Taxes: -€1,368
- Gross operating margin -€24,080
down €24,080 (-57.9%), from €41,616 to €17,536
- Taxes -€7,737
down €7,737 (-75.1%), from €10,303 to €2,566
- Depreciation +€4,742
up €4,742 (+188%), from €2,525 to €7,266
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 | €102,185 | €105,663 | +€3,478 | +3.4% |
| Fixed assets | 21/28 | €28,652 | €22,133 | -€6,519 | -22.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €28,652 | €22,133 | -€6,519 | -22.8% |
| Plant, machinery and equipment | 23 | €27,669 | €21,077 | -€6,591 | -23.8% |
| Furniture and vehicles | 24 | €984 | €1,056 | +€72 | +7.4% |
| Current assets | 29/58 | €73,533 | €83,530 | +€9,998 | +13.6% |
| Amounts receivable within one year | 40/41 | €1,553 | €1,974 | +€421 | +27.1% |
| Other amounts receivable | 41 | €1,553 | €1,974 | +€421 | +27.1% |
| Current investments | 50/53 | €50,000 | €48,915 | -€1,085 | -2.2% |
| Cash at bank and in hand | 54/58 | €21,980 | €32,641 | +€10,661 | +48.5% |
| Total equity and liabilities | 10/49 | €102,185 | €105,663 | +€3,478 | +3.4% |
| Equity | 10/15 | €92,075 | €87,487 | -€4,588 | -5.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €79,952 | €75,364 | -€4,588 | -5.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €78,092 | €73,504 | -€4,588 | -5.9% |
| Profit (loss) carried forward | 14 | €123 | €123 | = | 0.0% |
| Amounts payable | 17/49 | €10,110 | €18,177 | +€8,066 | +79.8% |
| Amounts payable within one year | 42/48 | €10,110 | €18,177 | +€8,066 | +79.8% |
| Trade debts | 44 | €3,108 | €3,346 | +€238 | +7.6% |
| Suppliers | 440/4 | €3,108 | €3,346 | +€238 | +7.6% |
| Advances received on contracts in progress | 46 | €1,300 | €1,300 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,482 | €3,113 | -€2,368 | -43.2% |
| Taxes | 450/3 | €4,482 | €3,113 | -€1,368 | -30.5% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €221 | €10,417 | +€10,197 | +4,620% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,525 | €7,266 | +€4,742 | +188% |
| Other operating charges | 640/8 | €784 | €807 | +€23 | +2.9% |
| Gross operating margin | 9900 | €41,616 | €17,536 | -€24,080 | -57.9% |
| Operating profit (loss) | 9901 | €38,307 | €9,463 | -€28,844 | -75.3% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €752 | €539 | -€213 | -28.3% |
| Recurring financial charges | 65 | €752 | €539 | -€213 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €37,561 | €8,925 | -€28,636 | -76.2% |
| Income taxes | 67/77 | €10,303 | €2,566 | -€7,737 | -75.1% |
| Profit (loss) for the period | 9904 | €27,258 | €6,359 | -€20,899 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,258 | €6,359 | -€20,899 | -76.7% |
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.