FLY ONE: 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 ONE
Largest movements
- Tangible fixed assets -€59,315
down €59,315 (-3.1%), from €1.9m to €1.8m
- Receivables within one year +€24,956
up €24,956 (+215.8%), from €11,567 to €36,523
of which Other amounts receivable: +€30,186
- Debts after one year -€260,308
down €260,308 (-18.7%), from €1.4m to €1.1m
of which Financial debts: -€130,308
- Other debts +€206,505
up €206,505 (+77.1%), from €267,937 to €474,442
- Gross operating margin -€44,464
down €44,464 (-17.8%), from €249,894 to €205,430
- Taxes -€9,723
down €9,723 (-38.8%), from €25,083 to €15,359
- Financial charges -€5,696
down €5,696 (-6.3%), from €90,374 to €84,679
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 | €1,931,268 | €1,894,179 | -€37,089 | -1.9% |
| Fixed assets | 21/28 | €1,912,401 | €1,853,086 | -€59,315 | -3.1% |
| Tangible fixed assets | 22/27 | €1,907,401 | €1,848,086 | -€59,315 | -3.1% |
| Land and buildings | 22 | €1,907,401 | €1,848,086 | -€59,315 | -3.1% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €18,866 | €41,092 | +€22,226 | +117.8% |
| Amounts receivable within one year | 40/41 | €11,567 | €36,523 | +€24,956 | +215.8% |
| Trade receivables | 40 | €5,230 | - | -€5,230 | |
| Other amounts receivable | 41 | €6,337 | €36,523 | +€30,186 | +476.3% |
| Cash at bank and in hand | 54/58 | €7,299 | €4,569 | -€2,730 | -37.4% |
| Total equity and liabilities | 10/49 | €1,931,268 | €1,894,179 | -€37,089 | -1.9% |
| Equity | 10/15 | €125,588 | €125,588 | = | 0.0% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,733 | €43,733 | = | 0.0% |
| Amounts payable | 17/49 | €1,805,680 | €1,768,591 | -€37,089 | -2.1% |
| Amounts payable after more than one year | 17 | €1,394,908 | €1,134,600 | -€260,308 | -18.7% |
| Financial debts | 170/4 | €1,264,908 | €1,134,600 | -€130,308 | -10.3% |
| Other amounts payable | 178/9 | €130,000 | - | -€130,000 | |
| Amounts payable within one year | 42/48 | €410,772 | €633,991 | +€223,219 | +54.3% |
| Current portion of amounts payable after more than one year | 42 | €127,682 | €130,308 | +€2,626 | +2.1% |
| Financial debts | 43 | €14,069 | €29,160 | +€15,091 | +107.3% |
| Other loans | 439 | €14,069 | €29,160 | +€15,091 | +107.3% |
| Trade debts | 44 | - | €81 | +€81 | |
| Suppliers | 440/4 | - | €81 | +€81 | |
| Taxes, remuneration and social security | 45 | €1,083 | - | -€1,083 | |
| Taxes | 450/3 | €1,083 | - | -€1,083 | |
| Other amounts payable | 47/48 | €267,937 | €474,442 | +€206,505 | +77.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,315 | €59,315 | = | 0.0% |
| Other operating charges | 640/8 | €1,113 | - | -€1,113 | |
| Gross operating margin | 9900 | €249,894 | €205,430 | -€44,464 | -17.8% |
| Operating profit (loss) | 9901 | €189,467 | €146,116 | -€43,351 | -22.9% |
| Financial charges | 65/66B | €90,374 | €84,679 | -€5,696 | -6.3% |
| Recurring financial charges | 65 | €90,374 | €84,679 | -€5,696 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €99,092 | €61,437 | -€37,656 | -38.0% |
| Income taxes | 67/77 | €25,083 | €15,359 | -€9,723 | -38.8% |
| Profit (loss) for the period | 9904 | €74,010 | €46,078 | -€27,932 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,010 | €46,078 | -€27,932 | -37.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.