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Flybridge: 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

Flybridge

BE 0502.943.812
NACE 79.110, Travel agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,392
2024 · €26,742-€5,350
Equity
€589,790
2024 · €568,399+€21,392
Cash
€17,548
2024 · €12,693+€4,855
Balance sheet total
€638,923
2024 · €615,635+€23,289

Largest movements

2024 to 2025
Assets
  • Current investments +€32,662

    up €32,662 (+6.4%), from €514,091 to €546,752

  • Tangible fixed assets -€16,177

    down €16,177 (-26.1%), from €62,061 to €45,884

    of which Furniture and vehicles: -€16,136

Equity and liabilities
  • Reserves +€21,392

    up €21,392 (+3.8%), from €562,199 to €583,590

Income statement
  • Gross operating margin -€7,972

    down €7,972 (-15.5%), from €51,317 to €43,345

  • Taxes -€2,306

    down €2,306 (-16.7%), from €13,782 to €11,476

  • Financial charges -€576

    down €576 (-6.2%), from €9,349 to €8,772

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 €26,742
Gross operating margin -€7,972
Depreciation -€264
Other operating charges +€451
Financial income -€448
Financial charges +€576
Taxes +€2,306
Result 2025 €21,392

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 +€37,854
Investment -€33,639
Financing +€641
Cash 2024 €12,693
Net result for the year +€21,392
Depreciation +€17,155
Receivables within one year -€1,472
Deferred charges and accrued income -€477
Trade debts +€2,537
Tax, wage and social debts -€209
Other debts -€1,379
Accrued charges and deferred income +€307
Investment in fixed assets (net) -€978
Current investments -€32,662
Current portion of long-term debt -€3,207
Short-term financial debts +€3,848
Cash 2025 €17,548
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €615,635 €638,923 +€23,289 +3.8%
Fixed assets 21/28 €62,061 €45,884 -€16,177 -26.1%
Tangible fixed assets 22/27 €62,061 €45,884 -€16,177 -26.1%
Plant, machinery and equipment 23 €1,237 €1,196 -€41 -3.3%
Furniture and vehicles 24 €60,824 €44,688 -€16,136 -26.5%
Current assets 29/58 €553,574 €593,040 +€39,466 +7.1%
Amounts receivable within one year 40/41 €26,790 €28,262 +€1,472 +5.5%
Trade receivables 40 €21,896 €21,330 -€566 -2.6%
Other amounts receivable 41 €4,894 €6,932 +€2,038 +41.7%
Current investments 50/53 €514,091 €546,752 +€32,662 +6.4%
Cash at bank and in hand 54/58 €12,693 €17,548 +€4,855 +38.3%
Deferred charges and accrued income 490/1 - €477 +€477
Total equity and liabilities 10/49 €615,635 €638,923 +€23,289 +3.8%
Equity 10/15 €568,399 €589,790 +€21,392 +3.8%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €562,199 €583,590 +€21,392 +3.8%
Distributable reserves 133 €562,199 €583,590 +€21,392 +3.8%
Amounts payable 17/49 €47,236 €49,133 +€1,897 +4.0%
Amounts payable within one year 42/48 €44,352 €45,942 +€1,590 +3.6%
Current portion of amounts payable after more than one year 42 €3,207 - -€3,207
Financial debts 43 - €3,848 +€3,848
Credit institutions 430/8 - €3,848 +€3,848
Trade debts 44 €1,051 €3,588 +€2,537 +241.5%
Suppliers 440/4 €1,051 €3,588 +€2,537 +241.5%
Taxes, remuneration and social security 45 €209 - -€209
Taxes 450/3 €209 - -€209
Other amounts payable 47/48 €39,885 €38,505 -€1,379 -3.5%
Accrued charges and deferred income 492/3 €2,884 €3,191 +€307 +10.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,891 €17,155 +€264 +1.6%
Other operating charges 640/8 €1,672 €1,221 -€451 -27.0%
Gross operating margin 9900 €51,317 €43,345 -€7,972 -15.5%
Operating profit (loss) 9901 €32,753 €24,968 -€7,785 -23.8%
Financial income 75/76B €17,120 €16,672 -€448 -2.6%
Recurring financial income 75 €17,120 €16,672 -€448 -2.6%
Financial charges 65/66B €9,349 €8,772 -€576 -6.2%
Recurring financial charges 65 €9,349 €8,772 -€576 -6.2%
Profit (loss) for the period before taxes 9903 €40,524 €32,868 -€7,656 -18.9%
Income taxes 67/77 €13,782 €11,476 -€2,306 -16.7%
Profit (loss) for the period 9904 €26,742 €21,392 -€5,350 -20.0%
Profit (loss) for the period to be appropriated 9905 €26,742 €21,392 -€5,350 -20.0%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.