FlyerCo IV: 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 IV
Largest movements
- Receivables within one year +€54,488
up €54,488 (+3.3%), from €1.6m to €1.7m
- Debts after one year +€672,853
new in 2025: €672,853
- Tax, wage and social debts -€591,377
down €591,377 (-65.0%), from €910,215 to €318,838
- Profit (loss) carried forward -€39,376
down €39,376 (-5.8%), from €681,386 to €642,010
- Taxes +€27,786
new in 2025: €27,786
- Purchases and services -€11,473
no longer reported in 2025 (was €11,473)
- Gross operating margin +€1,313
up €1,313 (+11.6%), from -€11,316 to -€10,003
- Other operating charges +€876
up €876 (+742%), from €118 to €994
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 | €1,650,644 | €1,703,770 | +€53,126 | +3.2% |
| Current assets | 29/58 | €1,650,644 | €1,703,770 | +€53,126 | +3.2% |
| Amounts receivable within one year | 40/41 | €1,647,661 | €1,702,149 | +€54,488 | +3.3% |
| Other amounts receivable | 41 | €1,647,661 | €1,702,149 | +€54,488 | +3.3% |
| Cash at bank and in hand | 54/58 | €2,983 | €1,621 | -€1,362 | -45.7% |
| Total equity and liabilities | 10/49 | €1,650,644 | €1,703,770 | +€53,126 | +3.2% |
| Equity | 10/15 | €731,386 | €692,010 | -€39,376 | -5.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €681,386 | €642,010 | -€39,376 | -5.8% |
| Amounts payable | 17/49 | €919,258 | €1,011,760 | +€92,502 | +10.1% |
| Amounts payable after more than one year | 17 | - | €672,853 | +€672,853 | |
| Financial debts | 170/4 | - | €672,853 | +€672,853 | |
| Amounts payable within one year | 42/48 | €919,258 | €338,907 | -€580,351 | -63.1% |
| Trade debts | 44 | €9,043 | €20,069 | +€11,026 | +122% |
| Suppliers | 440/4 | €9,043 | €20,069 | +€11,026 | +122% |
| Taxes, remuneration and social security | 45 | €910,215 | €318,838 | -€591,377 | -65.0% |
| Taxes | 450/3 | €910,215 | €318,838 | -€591,377 | -65.0% |
| Non-recurring operating income | 76A | €157 | - | -€157 | |
| Goods, raw materials, services and sundry goods | 60/61 | €11,473 | - | -€11,473 | |
| Other operating charges | 640/8 | €118 | €994 | +€876 | +742% |
| Non-recurring operating charges | 66A | €125 | - | -€125 | |
| Gross operating margin | 9900 | -€11,316 | -€10,003 | +€1,313 | +11.6% |
| Operating profit (loss) | 9901 | -€11,559 | -€10,997 | +€562 | +4.9% |
| Financial charges | 65/66B | €704 | €593 | -€111 | -15.7% |
| Recurring financial charges | 65 | €704 | €593 | -€111 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,263 | -€11,590 | +€673 | +5.5% |
| Income taxes | 67/77 | - | €27,786 | +€27,786 | |
| Profit (loss) for the period | 9904 | -€12,263 | -€39,376 | -€27,113 | -221% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,263 | -€39,376 | -€27,113 | -221% |
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 26 October 2026 via checked.be.