FLYANO: 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.
FLYANO
Largest movements
- Receivables after one year -€200,118
down €200,118 (-100%), from €200,118 to €0
- Receivables within one year +€152,975
up €152,975 (+345%), from €44,284 to €197,259
of which Other amounts receivable: +€140,977
- Stocks and contracts +€44,500
up €44,500 (+175%), from €25,500 to €70,000
- Cash +€11,288
up €11,288 (+7.2%), from €157,069 to €168,357
mainly Net result for the year (+€220,196) and Receivables after one year (+€200,118)
- Tangible fixed assets +€6,763
up €6,763 (+29.0%), from €23,289 to €30,052
of which Furniture and vehicles: +€13,601
- Debts after one year -€50,950
down €50,950 (-78.8%), from €64,622 to €13,672
- Trade debts +€49,527
up €49,527 (+152%), from €32,483 to €82,011
- Other debts +€32,293
up €32,293 (+15.6%), from €206,930 to €239,223
- Reserves -€19,026
down €19,026 (-48.5%), from €39,223 to €20,196
- Tax, wage and social debts +€12,057
up €12,057 (+51.3%), from €23,511 to €35,568
- Gross operating margin +€165,776
up €165,776 (+69.7%), from €237,815 to €403,591
- Taxes +€35,860
up €35,860 (+66.3%), from €54,110 to €89,970
- Write-downs +€21,495
up €21,495, from -€2,712 to €18,783
- Staff costs +€16,255
up €16,255 (+171%), from €9,525 to €25,780
- Financial income -€9,016
down €9,016 (-95.1%), from €9,481 to €465
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.
Derived cash bridge
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 | €458,587 | €475,077 | +€16,490 | +3.6% |
| Fixed assets | 21/28 | €23,717 | €30,480 | +€6,763 | +28.5% |
| Tangible fixed assets | 22/27 | €23,289 | €30,052 | +€6,763 | +29.0% |
| Plant, machinery and equipment | 23 | €1,234 | €500 | -€733 | -59.4% |
| Furniture and vehicles | 24 | €4,769 | €18,370 | +€13,601 | +285% |
| Leasing and similar rights | 25 | €17,286 | €7,381 | -€9,905 | -57.3% |
| Other tangible fixed assets | 26 | - | €3,800 | +€3,800 | |
| Financial fixed assets | 28 | €428 | €428 | = | 0.0% |
| Current assets | 29/58 | €434,871 | €444,597 | +€9,727 | +2.2% |
| Amounts receivable after more than one year | 29 | €200,118 | €0 | -€200,118 | -100% |
| Other amounts receivable | 291 | €200,118 | €0 | -€200,118 | -100% |
| Stocks and contracts in progress | 3 | €25,500 | €70,000 | +€44,500 | +175% |
| Stocks | 30/36 | €25,500 | €70,000 | +€44,500 | +175% |
| Amounts receivable within one year | 40/41 | €44,284 | €197,259 | +€152,975 | +345% |
| Trade receivables | 40 | €43,904 | €55,902 | +€11,998 | +27.3% |
| Other amounts receivable | 41 | €381 | €141,357 | +€140,977 | +37,035% |
| Cash at bank and in hand | 54/58 | €157,069 | €168,357 | +€11,288 | +7.2% |
| Deferred charges and accrued income | 490/1 | €7,899 | €8,981 | +€1,082 | +13.7% |
| Total equity and liabilities | 10/49 | €458,587 | €475,077 | +€16,490 | +3.6% |
| Equity | 10/15 | €39,323 | €20,296 | -€19,026 | -48.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €39,223 | €20,196 | -€19,026 | -48.5% |
| Distributable reserves | 133 | €39,223 | €20,196 | -€19,026 | -48.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €419,265 | €454,781 | +€35,516 | +8.5% |
| Amounts payable after more than one year | 17 | €64,622 | €13,672 | -€50,950 | -78.8% |
| Financial debts | 170/4 | €64,622 | €13,672 | -€50,950 | -78.8% |
| Amounts payable within one year | 42/48 | €354,643 | €439,608 | +€84,966 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €91,719 | €82,807 | -€8,912 | -9.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €32,483 | €82,011 | +€49,527 | +152% |
| Suppliers | 440/4 | €32,483 | €82,011 | +€49,527 | +152% |
| Taxes, remuneration and social security | 45 | €23,511 | €35,568 | +€12,057 | +51.3% |
| Taxes | 450/3 | €23,511 | €35,568 | +€12,057 | +51.3% |
| Other amounts payable | 47/48 | €206,930 | €239,223 | +€32,293 | +15.6% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €9,525 | €25,780 | +€16,255 | +171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,375 | €16,835 | +€1,460 | +9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,712 | €18,783 | +€21,495 | |
| Other operating charges | 640/8 | €11,482 | €16,043 | +€4,562 | +39.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €237,815 | €403,591 | +€165,776 | +69.7% |
| Operating profit (loss) | 9901 | €204,145 | €326,150 | +€122,005 | +59.8% |
| Financial income | 75/76B | €9,481 | €465 | -€9,016 | -95.1% |
| Recurring financial income | 75 | €9,481 | €465 | -€9,016 | -95.1% |
| Financial charges | 65/66B | €14,242 | €16,449 | +€2,207 | +15.5% |
| Recurring financial charges | 65 | €14,242 | €16,449 | +€2,207 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €199,384 | €310,166 | +€110,782 | +55.6% |
| Income taxes | 67/77 | €54,110 | €89,970 | +€35,860 | +66.3% |
| Profit (loss) for the period | 9904 | €145,275 | €220,196 | +€74,922 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €145,275 | €220,196 | +€74,922 | +51.6% |
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 14 October 2026 via checked.be.