FLY FOR YOU: what changed
FLY FOR YOU
Largest movements
- Cash -€31,226
down €31,226 (-30.4%), from €102,575 to €71,349
mainly Net result for the year (-€48,491) and Tax, wage and social debts (-€5,870)
- Tangible fixed assets -€15,972
down €15,972 (-42.5%), from €37,600 to €21,628
of which Plant, machinery and equipment: -€11,987
- Deferred charges and accrued income -€4,385
down €4,385 (-80.7%), from €5,431 to €1,046
- Receivables within one year -€2,778
down €2,778 (-5.3%), from €52,129 to €49,351
of which Trade receivables: -€16,728
- Profit (loss) carried forward -€48,491
down €48,491 (-47.5%), from €102,092 to €53,601
- Tax, wage and social debts -€5,870
down €5,870 (-47.0%), from €12,502 to €6,632
of which Taxes: -€4,063
- Gross operating margin -€51,157
down €51,157, from €16,994 to -€34,163
- Depreciation +€4,838
up €4,838 (+40.8%), from €11,853 to €16,691
- Taxes -€3,490
down €3,490, from €2,496 to -€994
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,735 | €143,374 | -€54,361 | -27.5% |
| Fixed assets | 21/28 | €37,600 | €21,628 | -€15,972 | -42.5% |
| Tangible fixed assets | 22/27 | €37,600 | €21,628 | -€15,972 | -42.5% |
| Land and buildings | 22 | €7,219 | €3,234 | -€3,985 | -55.2% |
| Plant, machinery and equipment | 23 | €30,381 | €18,394 | -€11,987 | -39.5% |
| Current assets | 29/58 | €160,135 | €121,746 | -€38,389 | -24.0% |
| Amounts receivable within one year | 40/41 | €52,129 | €49,351 | -€2,778 | -5.3% |
| Trade receivables | 40 | €16,728 | - | -€16,728 | |
| Other amounts receivable | 41 | €35,401 | €49,351 | +€13,950 | +39.4% |
| Cash at bank and in hand | 54/58 | €102,575 | €71,349 | -€31,226 | -30.4% |
| Deferred charges and accrued income | 490/1 | €5,431 | €1,046 | -€4,385 | -80.7% |
| Total equity and liabilities | 10/49 | €197,735 | €143,374 | -€54,361 | -27.5% |
| Equity | 10/15 | €185,233 | €136,742 | -€48,491 | -26.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €6,192 | - | -€6,192 | |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €70,741 | €70,741 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €68,882 | €70,741 | +€1,859 | +2.7% |
| Profit (loss) carried forward | 14 | €102,092 | €53,601 | -€48,491 | -47.5% |
| Amounts payable | 17/49 | €12,502 | €6,632 | -€5,870 | -47.0% |
| Amounts payable within one year | 42/48 | €12,502 | €6,632 | -€5,870 | -47.0% |
| Taxes, remuneration and social security | 45 | €12,502 | €6,632 | -€5,870 | -47.0% |
| Taxes | 450/3 | €10,695 | €6,632 | -€4,063 | -38.0% |
| Remuneration and social security | 454/9 | €1,807 | - | -€1,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,853 | €16,691 | +€4,838 | +40.8% |
| Other operating charges | 640/8 | €388 | €685 | +€297 | +76.5% |
| Non-recurring operating charges | 66A | €24,963 | - | -€24,963 | |
| Gross operating margin | 9900 | €16,994 | -€34,163 | -€51,157 | |
| Operating profit (loss) | 9901 | -€20,210 | -€51,539 | -€31,329 | -155% |
| Financial income | 75/76B | €1,914 | €2,196 | +€282 | +14.7% |
| Recurring financial income | 75 | €1,914 | €2,196 | +€282 | +14.7% |
| Financial charges | 65/66B | €140 | €142 | +€2 | +1.4% |
| Recurring financial charges | 65 | €140 | €142 | +€2 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,436 | -€49,485 | -€31,049 | -168% |
| Income taxes | 67/77 | €2,496 | -€994 | -€3,490 | |
| Profit (loss) for the period | 9904 | -€20,932 | -€48,491 | -€27,559 | -132% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,932 | -€48,491 | -€27,559 | -132% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.