FlyDV: 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.
FlyDV
Largest movements
- Cash +€59,592
up €59,592 (+41.0%), from €145,424 to €205,015
mainly Net result for the year (+€137,191) and Depreciation (+€10,892)
- Tangible fixed assets -€10,892
down €10,892 (-4.0%), from €270,470 to €259,578
of which Land and buildings: -€7,597
- Receivables within one year +€7,616
up €7,616 (+36.3%), from €20,963 to €28,579
of which Trade receivables: +€3,882
- Reserves +€135,525
up €135,525 (+61.3%), from €220,993 to €356,519
- Tax, wage and social debts -€52,444
down €52,444 (-76.3%), from €68,751 to €16,307
- Debts after one year -€30,000
down €30,000 (-28.6%), from €105,000 to €75,000
- Gross operating margin +€25,110
up €25,110 (+14.8%), from €169,951 to €195,061
- Taxes +€4,929
up €4,929 (+13.5%), from €36,406 to €41,335
- Depreciation +€3,404
up €3,404 (+45.5%), from €7,488 to €10,892
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 | €438,301 | €495,693 | +€57,392 | +13.1% |
| Fixed assets | 21/28 | €270,470 | €259,578 | -€10,892 | -4.0% |
| Tangible fixed assets | 22/27 | €270,470 | €259,578 | -€10,892 | -4.0% |
| Land and buildings | 22 | €259,807 | €252,210 | -€7,597 | -2.9% |
| Plant, machinery and equipment | 23 | €10,663 | €7,368 | -€3,295 | -30.9% |
| Current assets | 29/58 | €167,831 | €236,114 | +€68,284 | +40.7% |
| Amounts receivable within one year | 40/41 | €20,963 | €28,579 | +€7,616 | +36.3% |
| Trade receivables | 40 | €20,963 | €24,845 | +€3,882 | +18.5% |
| Other amounts receivable | 41 | - | €3,734 | +€3,734 | |
| Cash at bank and in hand | 54/58 | €145,424 | €205,015 | +€59,592 | +41.0% |
| Deferred charges and accrued income | 490/1 | €1,444 | €2,520 | +€1,076 | +74.5% |
| Total equity and liabilities | 10/49 | €438,301 | €495,693 | +€57,392 | +13.1% |
| Equity | 10/15 | €223,993 | €359,519 | +€135,525 | +60.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €220,993 | €356,519 | +€135,525 | +61.3% |
| Distributable reserves | 133 | €220,993 | €356,519 | +€135,525 | +61.3% |
| Amounts payable | 17/49 | €214,307 | €136,174 | -€78,134 | -36.5% |
| Amounts payable after more than one year | 17 | €105,000 | €75,000 | -€30,000 | -28.6% |
| Financial debts | 170/4 | €105,000 | €75,000 | -€30,000 | -28.6% |
| Amounts payable within one year | 42/48 | €109,307 | €61,174 | -€48,134 | -44.0% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €108 | €2,145 | +€2,037 | +1881.8% |
| Suppliers | 440/4 | €108 | €2,145 | +€2,037 | +1881.8% |
| Taxes, remuneration and social security | 45 | €68,751 | €16,307 | -€52,444 | -76.3% |
| Taxes | 450/3 | €68,751 | €16,307 | -€52,444 | -76.3% |
| Other amounts payable | 47/48 | €10,448 | €12,722 | +€2,274 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,488 | €10,892 | +€3,404 | +45.5% |
| Other operating charges | 640/8 | - | €826 | +€826 | |
| Gross operating margin | 9900 | €169,951 | €195,061 | +€25,110 | +14.8% |
| Operating profit (loss) | 9901 | €162,463 | €183,343 | +€20,880 | +12.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €3,641 | €4,819 | +€1,178 | +32.4% |
| Recurring financial charges | 65 | €3,641 | €4,819 | +€1,178 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €158,823 | €178,527 | +€19,704 | +12.4% |
| Income taxes | 67/77 | €36,406 | €41,335 | +€4,929 | +13.5% |
| Profit (loss) for the period | 9904 | €122,417 | €137,191 | +€14,775 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €122,417 | €137,191 | +€14,775 | +12.1% |
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 6 October 2026 via checked.be.