FlyerCo II: 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.
FlyerCo II
Largest movements
- Receivables within one year -€52,707
down €52,707 (-1.1%), from €4.7m to €4.6m
- Other debts -€53,217
no longer reported in 2025 (was €53,217)
- Purchases and services -€7,660
no longer reported in 2025 (was €7,660)
- Other operating charges +€440
up €440 (+373%), from €118 to €558
- Gross operating margin -€296
down €296 (-3.9%), from -€7,660 to -€7,956
- Taxes +€119
new in 2025: €119
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 | €4,690,775 | €4,637,320 | -€53,455 | -1.1% |
| Current assets | 29/58 | €4,690,775 | €4,637,320 | -€53,455 | -1.1% |
| Amounts receivable within one year | 40/41 | €4,689,934 | €4,637,227 | -€52,707 | -1.1% |
| Other amounts receivable | 41 | €4,689,934 | €4,637,227 | -€52,707 | -1.1% |
| Cash at bank and in hand | 54/58 | €841 | €93 | -€748 | -88.9% |
| Total equity and liabilities | 10/49 | €4,690,775 | €4,637,320 | -€53,455 | -1.1% |
| Equity | 10/15 | €4,630,057 | €4,620,704 | -€9,353 | -0.2% |
| Contributions | 10/11 | €63,085 | €63,085 | -€0 | 0.0% |
| Capital | 10 | €63,085 | €63,085 | -€0 | 0.0% |
| Issued capital | 100 | €63,085 | €63,085 | -€0 | 0.0% |
| Reserves | 13 | €6,308 | €6,308 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €6,308 | €6,308 | +€0 | 0.0% |
| Legal reserve | 130 | €6,308 | €6,308 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €4,560,664 | €4,551,310 | -€9,354 | -0.2% |
| Amounts payable | 17/49 | €60,718 | €16,616 | -€44,102 | -72.6% |
| Amounts payable within one year | 42/48 | €60,718 | €16,616 | -€44,102 | -72.6% |
| Trade debts | 44 | €7,300 | €16,296 | +€8,996 | +123% |
| Suppliers | 440/4 | €7,300 | €16,296 | +€8,996 | +123% |
| Taxes, remuneration and social security | 45 | €201 | €320 | +€119 | +59.0% |
| Taxes | 450/3 | €201 | €320 | +€119 | +59.0% |
| Other amounts payable | 47/48 | €53,217 | - | -€53,217 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,660 | - | -€7,660 | |
| Other operating charges | 640/8 | €118 | €558 | +€440 | +373% |
| Non-recurring operating charges | 66A | €146 | - | -€146 | |
| Gross operating margin | 9900 | -€7,660 | -€7,956 | -€296 | -3.9% |
| Operating profit (loss) | 9901 | -€7,924 | -€8,513 | -€589 | -7.4% |
| Financial charges | 65/66B | €772 | €721 | -€51 | -6.6% |
| Recurring financial charges | 65 | €772 | €721 | -€51 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,696 | -€9,234 | -€538 | -6.2% |
| Income taxes | 67/77 | - | €119 | +€119 | |
| Profit (loss) for the period | 9904 | -€8,696 | -€9,353 | -€657 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,696 | -€9,353 | -€657 | -7.6% |
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 23 October 2026 via checked.be.