FLY GROUP: 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 GROUP
Largest movements
- Tangible fixed assets +€93,410
up €93,410 (+217.9%), from €42,868 to €136,278
of which Furniture and vehicles: +€94,494
- Receivables within one year +€12,829
up €12,829 (+39.8%), from €32,194 to €45,023
of which Other amounts receivable: +€11,229
- Debts after one year +€57,887
up €57,887 (+153.9%), from €37,602 to €95,489
- Current portion of long-term debt +€26,839
new in 2025: €26,839
- Profit (loss) carried forward +€15,220
up €15,220 (+47.1%), from €32,346 to €47,566
- Trade debts +€12,792
up €12,792 (+270.2%), from €4,734 to €17,526
- Tax, wage and social debts -€3,821
down €3,821 (-37.7%), from €10,146 to €6,325
of which Remuneration and social security: -€5,989
- Gross operating margin +€25,067
up €25,067 (+92.5%), from €27,112 to €52,179
- Depreciation +€15,200
up €15,200 (+400.6%), from €3,794 to €18,994
- Taxes +€2,169
up €2,169 (+93.6%), from €2,316 to €4,485
- Financial charges +€1,781
up €1,781 (+15.3%), from €11,668 to €13,449
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 | €87,749 | €194,844 | +€107,095 | +122.0% |
| Fixed assets | 21/28 | €42,868 | €136,278 | +€93,410 | +217.9% |
| Tangible fixed assets | 22/27 | €42,868 | €136,278 | +€93,410 | +217.9% |
| Plant, machinery and equipment | 23 | €2,947 | €1,864 | -€1,084 | -36.8% |
| Furniture and vehicles | 24 | €39,921 | €134,415 | +€94,494 | +236.7% |
| Current assets | 29/58 | €44,881 | €58,566 | +€13,685 | +30.5% |
| Amounts receivable within one year | 40/41 | €32,194 | €45,023 | +€12,829 | +39.8% |
| Trade receivables | 40 | €26,348 | €27,948 | +€1,600 | +6.1% |
| Other amounts receivable | 41 | €5,846 | €17,075 | +€11,229 | +192.1% |
| Cash at bank and in hand | 54/58 | €12,687 | €13,543 | +€857 | +6.8% |
| Total equity and liabilities | 10/49 | €87,749 | €194,844 | +€107,095 | +122.0% |
| Equity | 10/15 | €33,446 | €48,666 | +€15,220 | +45.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,346 | €47,566 | +€15,220 | +47.1% |
| Amounts payable | 17/49 | €54,303 | €146,178 | +€91,875 | +169.2% |
| Amounts payable after more than one year | 17 | €37,602 | €95,489 | +€57,887 | +153.9% |
| Financial debts | 170/4 | €37,602 | €95,489 | +€57,887 | +153.9% |
| Amounts payable within one year | 42/48 | €16,701 | €50,690 | +€33,988 | +203.5% |
| Current portion of amounts payable after more than one year | 42 | - | €26,839 | +€26,839 | |
| Trade debts | 44 | €4,734 | €17,526 | +€12,792 | +270.2% |
| Suppliers | 440/4 | €4,734 | €17,526 | +€12,792 | +270.2% |
| Taxes, remuneration and social security | 45 | €10,146 | €6,325 | -€3,821 | -37.7% |
| Taxes | 450/3 | €2,317 | €4,485 | +€2,168 | +93.6% |
| Remuneration and social security | 454/9 | €7,829 | €1,840 | -€5,989 | -76.5% |
| Other amounts payable | 47/48 | €1,821 | - | -€1,821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,794 | €18,994 | +€15,200 | +400.6% |
| Other operating charges | 640/8 | €130 | €319 | +€189 | +145.8% |
| Gross operating margin | 9900 | €27,112 | €52,179 | +€25,067 | +92.5% |
| Operating profit (loss) | 9901 | €23,188 | €32,866 | +€9,677 | +41.7% |
| Financial income | 75/76B | - | €288 | +€288 | |
| Recurring financial income | 75 | - | €288 | +€288 | |
| Financial charges | 65/66B | €11,668 | €13,449 | +€1,781 | +15.3% |
| Recurring financial charges | 65 | €11,668 | €13,449 | +€1,781 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €11,520 | €19,705 | +€8,185 | +71.0% |
| Income taxes | 67/77 | €2,316 | €4,485 | +€2,169 | +93.6% |
| Profit (loss) for the period | 9904 | €9,204 | €15,220 | +€6,016 | +65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,204 | €15,220 | +€6,016 | +65.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.