FLY FIRE ROCK: 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.
FLY FIRE ROCK
Largest movements
- Receivables within one year +€175,413
up €175,413 (+232%), from €75,466 to €250,879
of which Trade receivables: +€184,949
- Stocks and contracts -€165,872
down €165,872 (-90.9%), from €182,500 to €16,628
- Tangible fixed assets +€4,212
up €4,212 (+13.8%), from €30,608 to €34,820
of which Plant, machinery and equipment: +€6,051
- Cash -€3,962
down €3,962 (-15.4%), from €25,684 to €21,722
mainly Receivables within one year (-€175,413) and Other debts (-€16,681)
- Debts after one year +€25,240
new in 2022: €25,240
- Other debts -€16,681
down €16,681 (-58.0%), from €28,783 to €12,102
- Profit (loss) carried forward +€13,293
up €13,293 (+105%), from €12,631 to €25,924
- Trade debts -€10,696
down €10,696 (-32.2%), from €33,212 to €22,516
of which Bills of exchange payable: -€22,942
- Gross operating margin +€8,936
up €8,936 (+30.6%), from €29,244 to €38,180
- Financial income -€3,760
down €3,760 (-23.9%), from €15,748 to €11,988
- Staff costs +€3,562
up €3,562 (+13.7%), from €26,001 to €29,563
- Depreciation +€756
up €756 (+14.4%), from €5,251 to €6,007
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €329,258 | €339,049 | +€9,791 | +3.0% |
| Fixed assets | 21/28 | €45,608 | €49,820 | +€4,212 | +9.2% |
| Tangible fixed assets | 22/27 | €30,608 | €34,820 | +€4,212 | +13.8% |
| Plant, machinery and equipment | 23 | €15,148 | €21,199 | +€6,051 | +39.9% |
| Furniture and vehicles | 24 | €15,460 | €13,621 | -€1,839 | -11.9% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €283,650 | €289,229 | +€5,579 | +2.0% |
| Stocks and contracts in progress | 3 | €182,500 | €16,628 | -€165,872 | -90.9% |
| Stocks | 30/36 | €182,500 | €16,628 | -€165,872 | -90.9% |
| Amounts receivable within one year | 40/41 | €75,466 | €250,879 | +€175,413 | +232% |
| Trade receivables | 40 | €54,957 | €239,906 | +€184,949 | +337% |
| Other amounts receivable | 41 | €20,509 | €10,972 | -€9,537 | -46.5% |
| Cash at bank and in hand | 54/58 | €25,684 | €21,722 | -€3,962 | -15.4% |
| Total equity and liabilities | 10/49 | €329,258 | €339,049 | +€9,791 | +3.0% |
| Equity | 10/15 | €263,331 | €276,624 | +€13,293 | +5.0% |
| Contributions | 10/11 | €250,700 | €250,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,631 | €25,924 | +€13,293 | +105% |
| Amounts payable | 17/49 | €65,927 | €62,425 | -€3,502 | -5.3% |
| Amounts payable after more than one year | 17 | - | €25,240 | +€25,240 | |
| Financial debts | 170/4 | - | €25,240 | +€25,240 | |
| Amounts payable within one year | 42/48 | €64,526 | €37,185 | -€27,341 | -42.4% |
| Trade debts | 44 | €33,212 | €22,516 | -€10,696 | -32.2% |
| Suppliers | 440/4 | €10,270 | €22,516 | +€12,246 | +119% |
| Bills of exchange payable | 441 | €22,942 | - | -€22,942 | |
| Taxes, remuneration and social security | 45 | €2,531 | €2,567 | +€36 | +1.4% |
| Taxes | 450/3 | €2,531 | €2,567 | +€36 | +1.4% |
| Other amounts payable | 47/48 | €28,783 | €12,102 | -€16,681 | -58.0% |
| Accrued charges and deferred income | 492/3 | €1,401 | - | -€1,401 | |
| Remuneration, social security and pensions | 62 | €26,001 | €29,563 | +€3,562 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,251 | €6,007 | +€756 | +14.4% |
| Other operating charges | 640/8 | €695 | €688 | -€8 | -1.1% |
| Gross operating margin | 9900 | €29,244 | €38,180 | +€8,936 | +30.6% |
| Operating profit (loss) | 9901 | -€2,703 | €1,922 | +€4,625 | |
| Financial income | 75/76B | €15,748 | €11,988 | -€3,760 | -23.9% |
| Recurring financial income | 75 | €15,748 | €11,988 | -€3,760 | -23.9% |
| Financial charges | 65/66B | €414 | €617 | +€203 | +49.0% |
| Recurring financial charges | 65 | €414 | €617 | +€203 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €12,631 | €13,293 | +€662 | +5.2% |
| Profit (loss) for the period | 9904 | €12,631 | €13,293 | +€662 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,631 | €13,293 | +€662 | +5.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.