FLY-B-WIRE: 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-B-WIRE
Largest movements
- Receivables within one year -€20,540
down €20,540 (-61.6%), from €33,336 to €12,796
- Current investments +€13,085
up €13,085 (+71.5%), from €18,294 to €31,378
- Intangible fixed assets -€7,500
down €7,500 (-14.0%), from €53,548 to €46,048
- Tangible fixed assets -€6,025
down €6,025 (-43.3%), from €13,900 to €7,875
of which Furniture and vehicles: -€8,984
- Cash +€5,255
up €5,255 (+193.7%), from €2,713 to €7,968
mainly Receivables within one year (+€20,540) and Depreciation (+€9,384)
- Profit (loss) carried forward -€16,228
down €16,228, from €0 to -€16,228
- Tax, wage and social debts +€2,245
up €2,245 (+22.4%), from €10,010 to €12,255
- Accrued charges and deferred income -€1,994
down €1,994 (-100.0%), from €1,994 to €0
- Gross operating margin -€31,541
down €31,541 (-98.2%), from €32,121 to €580
- Taxes -€4,825
down €4,825 (-77.1%), from €6,262 to €1,437
- Other operating charges +€1,529
up €1,529 (+586.0%), from €261 to €1,790
- Depreciation -€1,497
down €1,497 (-13.8%), from €10,881 to €9,384
- Financial charges -€1,262
down €1,262 (-61.7%), from €2,047 to €785
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 | €121,892 | €106,265 | -€15,627 | -12.8% |
| Fixed assets | 21/28 | €67,448 | €53,923 | -€13,525 | -20.1% |
| Intangible fixed assets | 21 | €53,548 | €46,048 | -€7,500 | -14.0% |
| Tangible fixed assets | 22/27 | €13,900 | €7,875 | -€6,025 | -43.3% |
| Plant, machinery and equipment | 23 | - | €3,259 | +€3,259 | |
| Furniture and vehicles | 24 | €10,990 | €2,007 | -€8,984 | -81.7% |
| Other tangible fixed assets | 26 | €2,910 | €2,610 | -€300 | -10.3% |
| Current assets | 29/58 | €54,444 | €52,341 | -€2,102 | -3.9% |
| Amounts receivable within one year | 40/41 | €33,336 | €12,796 | -€20,540 | -61.6% |
| Trade receivables | 40 | €33,336 | €12,796 | -€20,540 | -61.6% |
| Current investments | 50/53 | €18,294 | €31,378 | +€13,085 | +71.5% |
| Cash at bank and in hand | 54/58 | €2,713 | €7,968 | +€5,255 | +193.7% |
| Deferred charges and accrued income | 490/1 | €101 | €199 | +€98 | +96.6% |
| Total equity and liabilities | 10/49 | €121,892 | €106,265 | -€15,627 | -12.8% |
| Equity | 10/15 | €87,256 | €71,028 | -€16,228 | -18.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €12,256 | €12,256 | = | 0.0% |
| Distributable reserves | 133 | €12,256 | €12,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€16,228 | -€16,228 | |
| Amounts payable | 17/49 | €34,636 | €35,237 | +€601 | +1.7% |
| Amounts payable within one year | 42/48 | €32,642 | €35,237 | +€2,595 | +7.9% |
| Trade debts | 44 | €0 | €896 | +€896 | |
| Suppliers | 440/4 | €0 | €896 | +€896 | |
| Taxes, remuneration and social security | 45 | €10,010 | €12,255 | +€2,245 | +22.4% |
| Taxes | 450/3 | €10,010 | €12,255 | +€2,245 | +22.4% |
| Other amounts payable | 47/48 | €22,632 | €22,086 | -€546 | -2.4% |
| Accrued charges and deferred income | 492/3 | €1,994 | €0 | -€1,994 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,881 | €9,384 | -€1,497 | -13.8% |
| Other operating charges | 640/8 | €261 | €1,790 | +€1,529 | +586.0% |
| Non-recurring operating charges | 66A | - | €3,644 | +€3,644 | |
| Gross operating margin | 9900 | €32,121 | €580 | -€31,541 | -98.2% |
| Operating profit (loss) | 9901 | €20,979 | -€14,238 | -€35,217 | |
| Financial income | 75/76B | €248 | €232 | -€16 | -6.5% |
| Recurring financial income | 75 | €248 | €232 | -€16 | -6.5% |
| Financial charges | 65/66B | €2,047 | €785 | -€1,262 | -61.7% |
| Recurring financial charges | 65 | €2,047 | €785 | -€1,262 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €19,180 | -€14,791 | -€33,971 | |
| Income taxes | 67/77 | €6,262 | €1,437 | -€4,825 | -77.1% |
| Profit (loss) for the period | 9904 | €12,918 | -€16,228 | -€29,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,918 | -€16,228 | -€29,146 |
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 6 October 2026 via checked.be.