FLYERSMAG: 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.
FLYERSMAG
Largest movements
- Receivables within one year +€37,082
up €37,082 (+71.6%), from €51,783 to €88,865
of which Trade receivables: +€25,409
- Tangible fixed assets -€22,224
down €22,224 (-12.0%), from €184,872 to €162,648
of which Land and buildings: -€21,031
- Trade debts +€22,341
up €22,341 (+716%), from €3,120 to €25,461
- Debts after one year -€18,741
down €18,741 (-26.8%), from €69,879 to €51,138
- Profit (loss) carried forward +€17,818
up €17,818 (+19.9%), from €89,583 to €107,400
- Tax, wage and social debts -€7,033
down €7,033 (-41.8%), from €16,827 to €9,794
- Gross operating margin +€23,510
up €23,510 (+79.2%), from €29,702 to €53,212
- Taxes +€7,030
up €7,030 (+967%), from €727 to €7,757
- Depreciation -€1,426
down €1,426 (-6.0%), from €23,650 to €22,224
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 | €239,471 | €254,399 | +€14,928 | +6.2% |
| Fixed assets | 21/28 | €184,872 | €162,648 | -€22,224 | -12.0% |
| Tangible fixed assets | 22/27 | €184,872 | €162,648 | -€22,224 | -12.0% |
| Land and buildings | 22 | €183,295 | €162,263 | -€21,031 | -11.5% |
| Furniture and vehicles | 24 | €1,578 | €385 | -€1,193 | -75.6% |
| Current assets | 29/58 | €54,599 | €91,751 | +€37,152 | +68.0% |
| Amounts receivable within one year | 40/41 | €51,783 | €88,865 | +€37,082 | +71.6% |
| Trade receivables | 40 | €11,443 | €36,852 | +€25,409 | +222% |
| Other amounts receivable | 41 | €40,340 | €52,013 | +€11,673 | +28.9% |
| Cash at bank and in hand | 54/58 | €0 | €0 | +€0 | +1,067% |
| Deferred charges and accrued income | 490/1 | €2,816 | €2,886 | +€69 | +2.5% |
| Total equity and liabilities | 10/49 | €239,471 | €254,399 | +€14,928 | +6.2% |
| Equity | 10/15 | €110,043 | €127,860 | +€17,818 | +16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €89,583 | €107,400 | +€17,818 | +19.9% |
| Amounts payable | 17/49 | €129,429 | €126,539 | -€2,890 | -2.2% |
| Amounts payable after more than one year | 17 | €69,879 | €51,138 | -€18,741 | -26.8% |
| Financial debts | 170/4 | €69,879 | €51,138 | -€18,741 | -26.8% |
| Amounts payable within one year | 42/48 | €59,180 | €75,105 | +€15,925 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €19,279 | €20,261 | +€982 | +5.1% |
| Financial debts | 43 | €19,955 | €19,589 | -€366 | -1.8% |
| Credit institutions | 430/8 | €19,955 | €19,589 | -€366 | -1.8% |
| Trade debts | 44 | €3,120 | €25,461 | +€22,341 | +716% |
| Suppliers | 440/4 | €3,120 | €25,461 | +€22,341 | +716% |
| Taxes, remuneration and social security | 45 | €16,827 | €9,794 | -€7,033 | -41.8% |
| Taxes | 450/3 | €16,827 | €9,794 | -€7,033 | -41.8% |
| Accrued charges and deferred income | 492/3 | €370 | €296 | -€74 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,650 | €22,224 | -€1,426 | -6.0% |
| Gross operating margin | 9900 | €29,702 | €53,212 | +€23,510 | +79.2% |
| Operating profit (loss) | 9901 | €6,052 | €30,988 | +€24,936 | +412% |
| Financial income | 75/76B | €2,827 | €2,890 | +€63 | +2.2% |
| Recurring financial income | 75 | €2,827 | €2,890 | +€63 | +2.2% |
| Financial charges | 65/66B | €8,329 | €8,304 | -€25 | -0.3% |
| Recurring financial charges | 65 | €8,329 | €8,304 | -€25 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €550 | €25,574 | +€25,024 | +4,551% |
| Income taxes | 67/77 | €727 | €7,757 | +€7,030 | +967% |
| Profit (loss) for the period | 9904 | -€177 | €17,818 | +€17,995 | |
| Profit (loss) for the period to be appropriated | 9905 | -€177 | €17,818 | +€17,995 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.