Fly Ai: 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.
Fly Ai
Largest movements
- Cash +€10,283
up €10,283 (+56.1%), from €18,345 to €28,628
mainly Net result for the year (+€24,934) and Depreciation (+€7,079)
- Receivables within one year +€5,014
up €5,014 (+1346.4%), from €372 to €5,387
of which Trade receivables: +€4,769
- Tangible fixed assets +€4,525
up €4,525 (+7.0%), from €64,764 to €69,289
of which Land and buildings: +€6,945
- Stocks and contracts +€3,436
up €3,436 (+144.3%), from €2,380 to €5,816
- Deferred charges and accrued income -€2,295
down €2,295 (-40.6%), from €5,654 to €3,360
- Reserves +€24,934
up €24,934 (+42.0%), from €59,415 to €84,349
- Tax, wage and social debts -€9,469
down €9,469 (-38.6%), from €24,535 to €15,066
of which Taxes: -€7,404
- Accrued charges and deferred income +€2,923
new in 2025: €2,923
- Current portion of long-term debt +€2,691
new in 2025: €2,691
- Other debts -€1,335
down €1,335 (-97.1%), from €1,374 to €39
- Gross operating margin +€7,864
up €7,864 (+21.0%), from €37,390 to €45,254
- Depreciation +€2,284
up €2,284 (+47.7%), from €4,794 to €7,079
- Taxes +€1,132
up €1,132 (+15.3%), from €7,382 to €8,514
- Financial charges +€968
up €968 (+28.2%), from €3,431 to €4,399
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 | €91,516 | €112,479 | +€20,963 | +22.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €64,764 | €69,289 | +€4,525 | +7.0% |
| Tangible fixed assets | 22/27 | €64,764 | €69,289 | +€4,525 | +7.0% |
| Land and buildings | 22 | €34,929 | €41,874 | +€6,945 | +19.9% |
| Plant, machinery and equipment | 23 | €7,593 | €7,528 | -€65 | -0.9% |
| Furniture and vehicles | 24 | €1,196 | €653 | -€543 | -45.4% |
| Other tangible fixed assets | 26 | €21,047 | €19,234 | -€1,812 | -8.6% |
| Current assets | 29/58 | €26,752 | €43,190 | +€16,438 | +61.4% |
| Stocks and contracts in progress | 3 | €2,380 | €5,816 | +€3,436 | +144.3% |
| Stocks | 30/36 | €2,380 | €5,816 | +€3,436 | +144.3% |
| Amounts receivable within one year | 40/41 | €372 | €5,387 | +€5,014 | +1346.4% |
| Trade receivables | 40 | €244 | €5,013 | +€4,769 | +1955.1% |
| Other amounts receivable | 41 | €128 | €374 | +€245 | +190.9% |
| Cash at bank and in hand | 54/58 | €18,345 | €28,628 | +€10,283 | +56.1% |
| Deferred charges and accrued income | 490/1 | €5,654 | €3,360 | -€2,295 | -40.6% |
| Total equity and liabilities | 10/49 | €91,516 | €112,479 | +€20,963 | +22.9% |
| Equity | 10/15 | €61,915 | €86,849 | +€24,934 | +40.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €59,415 | €84,349 | +€24,934 | +42.0% |
| Distributable reserves | 133 | €59,415 | €84,349 | +€24,934 | +42.0% |
| Amounts payable | 17/49 | €29,601 | €25,630 | -€3,971 | -13.4% |
| Amounts payable within one year | 42/48 | €29,601 | €22,706 | -€6,895 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | - | €2,691 | +€2,691 | |
| Trade debts | 44 | €3,692 | €4,909 | +€1,217 | +33.0% |
| Suppliers | 440/4 | €3,692 | €4,909 | +€1,217 | +33.0% |
| Taxes, remuneration and social security | 45 | €24,535 | €15,066 | -€9,469 | -38.6% |
| Taxes | 450/3 | €22,470 | €15,066 | -€7,404 | -32.9% |
| Remuneration and social security | 454/9 | €2,065 | - | -€2,065 | |
| Other amounts payable | 47/48 | €1,374 | €39 | -€1,335 | -97.1% |
| Accrued charges and deferred income | 492/3 | - | €2,923 | +€2,923 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,794 | €7,079 | +€2,284 | +47.7% |
| Other operating charges | 640/8 | €219 | €335 | +€116 | +53.1% |
| Gross operating margin | 9900 | €37,390 | €45,254 | +€7,864 | +21.0% |
| Operating profit (loss) | 9901 | €32,377 | €37,840 | +€5,463 | +16.9% |
| Financial income | 75/76B | €5 | €8 | +€3 | +50.4% |
| Recurring financial income | 75 | €5 | €8 | +€3 | +50.4% |
| Financial charges | 65/66B | €3,431 | €4,399 | +€968 | +28.2% |
| Recurring financial charges | 65 | €3,431 | €4,399 | +€968 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €28,951 | €33,448 | +€4,497 | +15.5% |
| Income taxes | 67/77 | €7,382 | €8,514 | +€1,132 | +15.3% |
| Profit (loss) for the period | 9904 | €21,569 | €24,934 | +€3,366 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,569 | €24,934 | +€3,366 | +15.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.