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FLY IMMO: 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.

What changed

FLY IMMO

BE 0888.562.659
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8,177
2024 · -€21,243+€13,066
Equity
-€5,658
2024 · €2,519-€8,177
Cash
€3,449
2024 · €4,523-€1,074
Balance sheet total
€106,716
2024 · €118,838-€12,121

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€11,091

    down €11,091 (-9.7%), from €113,973 to €102,882

Equity and liabilities
  • Debts after one year -€8,227

    down €8,227 (-12.2%), from €67,619 to €59,392

  • Profit (loss) carried forward -€7,590

    down €7,590 (-12.2%), from -€62,458 to -€70,048

  • Other debts +€6,686

    up €6,686 (+28.0%), from €23,907 to €30,594

  • Accrued charges and deferred income -€1,850

    down €1,850 (-18.5%), from €9,998 to €8,148

Income statement
  • Gross operating margin +€10,609

    up €10,609, from -€1,103 to €9,506

  • Financial charges -€2,840

    down €2,840 (-83.5%), from €3,400 to €560

  • Depreciation +€323

    up €323 (+2.1%), from €15,504 to €15,827

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€21,243
Gross operating margin +€10,609
Depreciation -€323
Other operating charges -€46
Financial income -€15
Financial charges +€2,840
Result 2025 -€8,177

Cash bridge derived

cash 2024 to 2025

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.

From operations +€11,721
Investment -€4,736
Financing -€8,059
Cash 2024 €4,523
Net result for the year -€8,177
Depreciation +€15,827
Receivables within one year -€2
Deferred charges and accrued income -€41
Provisions -€205
Trade debts -€517
Other debts +€6,686
Accrued charges and deferred income -€1,850
Investment in fixed assets (net) -€4,736
Debts after one year -€8,227
Current portion of long-term debt +€168
Cash 2025 €3,449
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €118,838 €106,716 -€12,121 -10.2%
Fixed assets 21/28 €113,973 €102,882 -€11,091 -9.7%
Tangible fixed assets 22/27 €113,973 €102,882 -€11,091 -9.7%
Land and buildings 22 €113,973 €102,882 -€11,091 -9.7%
Current assets 29/58 €4,865 €3,834 -€1,030 -21.2%
Amounts receivable within one year 40/41 €6 €8 +€2 +33.7%
Other amounts receivable 41 €6 €8 +€2 +33.7%
Cash at bank and in hand 54/58 €4,523 €3,449 -€1,074 -23.7%
Deferred charges and accrued income 490/1 €336 €377 +€41 +12.3%
Total equity and liabilities 10/49 €118,838 €106,716 -€12,121 -10.2%
Equity 10/15 €2,519 -€5,658 -€8,177
Reserves 13 €64,977 €64,391 -€587 -0.9%
Tax-exempt reserves 132 €17,802 €17,215 -€587 -3.3%
Distributable reserves 133 €47,175 €47,175 = 0.0%
Profit (loss) carried forward 14 -€62,458 -€70,048 -€7,590 -12.2%
Provisions and deferred taxes 16 €6,219 €6,014 -€205 -3.3%
Deferred taxes 168 €6,219 €6,014 -€205 -3.3%
Amounts payable 17/49 €110,100 €106,360 -€3,740 -3.4%
Amounts payable after more than one year 17 €67,619 €59,392 -€8,227 -12.2%
Financial debts 170/4 €67,619 €59,392 -€8,227 -12.2%
Amounts payable within one year 42/48 €32,483 €38,820 +€6,337 +19.5%
Current portion of amounts payable after more than one year 42 €8,059 €8,227 +€168 +2.1%
Trade debts 44 €517 - -€517
Suppliers 440/4 €517 - -€517
Other amounts payable 47/48 €23,907 €30,594 +€6,686 +28.0%
Accrued charges and deferred income 492/3 €9,998 €8,148 -€1,850 -18.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,504 €15,827 +€323 +2.1%
Other operating charges 640/8 €1,464 €1,509 +€46 +3.1%
Gross operating margin 9900 -€1,103 €9,506 +€10,609
Operating profit (loss) 9901 -€18,071 -€7,831 +€10,240 +56.7%
Financial income 75/76B €24 €9 -€15 -62.2%
Recurring financial income 75 €24 €9 -€15 -62.2%
Financial charges 65/66B €3,400 €560 -€2,840 -83.5%
Recurring financial charges 65 €3,400 €560 -€2,840 -83.5%
Profit (loss) for the period before taxes 9903 -€21,448 -€8,382 +€13,066 +60.9%
Transfer from deferred taxes 780 €205 €205 = 0.0%
Profit (loss) for the period 9904 -€21,243 -€8,177 +€13,066 +61.5%
Transfer from tax-exempt reserves 789 €587 €587 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€20,656 -€7,590 +€13,066 +63.3%

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 30 September 2026 via checked.be.