FLYBOWL: what changed
FLYBOWL
Largest movements
- Tangible fixed assets -€75,766
down €75,766 (-22.2%), from €341,790 to €266,024
of which Plant, machinery and equipment: -€55,522
- Cash -€12,641
down €12,641 (-25.7%), from €49,183 to €36,542
mainly Debts after one year (-€55,483) and Net result for the year (-€23,685)
- Receivables within one year +€6,086
up €6,086 (+6.3%), from €96,800 to €102,886
of which Other amounts receivable: +€8,711
- Debts after one year -€55,483
down €55,483 (-23.7%), from €233,792 to €178,309
- Profit (loss) carried forward -€23,685
down €23,685 (-14.7%), from €161,526 to €137,841
- Current portion of long-term debt -€6,042
down €6,042 (-9.8%), from €61,520 to €55,478
- Staff costs +€18,078
up €18,078 (+43.8%), from €41,283 to €59,361
- Gross operating margin +€9,102
up €9,102 (+7.6%), from €119,739 to €128,841
- Taxes -€5,137
down €5,137 (-80.3%), from €6,400 to €1,263
- Depreciation +€1,772
up €1,772 (+2.3%), from €78,365 to €80,137
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 | €489,431 | €409,026 | -€80,405 | -16.4% |
| Fixed assets | 21/28 | €341,965 | €266,199 | -€75,766 | -22.2% |
| Tangible fixed assets | 22/27 | €341,790 | €266,024 | -€75,766 | -22.2% |
| Land and buildings | 22 | €55,663 | €50,359 | -€5,304 | -9.5% |
| Plant, machinery and equipment | 23 | €244,822 | €189,300 | -€55,522 | -22.7% |
| Furniture and vehicles | 24 | €205 | - | -€205 | |
| Leasing and similar rights | 25 | €41,100 | €26,365 | -€14,735 | -35.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €147,466 | €142,827 | -€4,639 | -3.1% |
| Stocks and contracts in progress | 3 | €1,483 | €1,764 | +€281 | +18.9% |
| Stocks | 30/36 | €1,483 | €1,764 | +€281 | +18.9% |
| Amounts receivable within one year | 40/41 | €96,800 | €102,886 | +€6,086 | +6.3% |
| Trade receivables | 40 | €3,230 | €605 | -€2,625 | -81.3% |
| Other amounts receivable | 41 | €93,570 | €102,281 | +€8,711 | +9.3% |
| Cash at bank and in hand | 54/58 | €49,183 | €36,542 | -€12,641 | -25.7% |
| Deferred charges and accrued income | 490/1 | - | €1,635 | +€1,635 | |
| Total equity and liabilities | 10/49 | €489,431 | €409,026 | -€80,405 | -16.4% |
| Equity | 10/15 | €169,586 | €145,901 | -€23,685 | -14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,526 | €137,841 | -€23,685 | -14.7% |
| Amounts payable | 17/49 | €319,845 | €263,125 | -€56,720 | -17.7% |
| Amounts payable after more than one year | 17 | €233,792 | €178,309 | -€55,483 | -23.7% |
| Financial debts | 170/4 | €233,792 | €178,309 | -€55,483 | -23.7% |
| Amounts payable within one year | 42/48 | €86,053 | €84,816 | -€1,237 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €61,520 | €55,478 | -€6,042 | -9.8% |
| Trade debts | 44 | €13,616 | €15,661 | +€2,045 | +15.0% |
| Suppliers | 440/4 | €13,616 | €15,661 | +€2,045 | +15.0% |
| Taxes, remuneration and social security | 45 | €10,917 | €13,677 | +€2,760 | +25.3% |
| Taxes | 450/3 | €7,874 | €10,575 | +€2,701 | +34.3% |
| Remuneration and social security | 454/9 | €3,043 | €3,102 | +€59 | +1.9% |
| Remuneration, social security and pensions | 62 | €41,283 | €59,361 | +€18,078 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,365 | €80,137 | +€1,772 | +2.3% |
| Other operating charges | 640/8 | €6,844 | €5,826 | -€1,018 | -14.9% |
| Gross operating margin | 9900 | €119,739 | €128,841 | +€9,102 | +7.6% |
| Operating profit (loss) | 9901 | -€6,753 | -€16,483 | -€9,730 | -144% |
| Financial charges | 65/66B | €6,888 | €5,939 | -€949 | -13.8% |
| Recurring financial charges | 65 | €6,888 | €5,939 | -€949 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,641 | -€22,422 | -€8,781 | -64.4% |
| Income taxes | 67/77 | €6,400 | €1,263 | -€5,137 | -80.3% |
| Profit (loss) for the period | 9904 | -€20,041 | -€23,685 | -€3,644 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,041 | -€23,685 | -€3,644 | -18.2% |
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 2 November 2026 via checked.be.