FlyFree.com: 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.
FlyFree.com
Largest movements
- Stocks and contracts -€79,109
down €79,109 (-45.4%), from €174,277 to €95,168
- Receivables within one year +€31,000
up €31,000 (+46.6%), from €66,513 to €97,513
of which Trade receivables: +€23,208
- Cash +€15,674
up €15,674 (+25.9%), from €60,496 to €76,170
mainly Stocks and contracts (+€79,109) and Other debts (+€31,328)
- Trade debts -€35,030
down €35,030 (-92.9%), from €37,700 to €2,670
- Other debts +€31,328
up €31,328 (+24.0%), from €130,369 to €161,697
- Reserves -€20,297
down €20,297 (-14.7%), from €137,894 to €117,597
- Tax, wage and social debts -€5,935
down €5,935 (-67.9%), from €8,745 to €2,810
of which Remuneration and social security: -€6,167
- Accrued charges and deferred income -€3,798
down €3,798 (-32.4%), from €11,715 to €7,917
- Gross operating margin +€10,889
up €10,889 (+151.7%), from €7,180 to €18,069
- Financial charges -€3,654
down €3,654 (-31.0%), from €11,774 to €8,120
- Financial income +€1,971
up €1,971 (+220.6%), from €894 to €2,865
- Taxes +€811
up €811 (+633.5%), from €128 to €939
- Write-downs -€788
down €788, from €753 to -€35
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 | €345,023 | €311,291 | -€33,732 | -9.8% |
| Fixed assets | 21/28 | €2,122 | €1,107 | -€1,014 | -47.8% |
| Tangible fixed assets | 22/27 | €2,122 | €1,107 | -€1,014 | -47.8% |
| Plant, machinery and equipment | 23 | €530 | €246 | -€285 | -53.7% |
| Furniture and vehicles | 24 | €1,592 | €862 | -€730 | -45.8% |
| Current assets | 29/58 | €342,901 | €310,183 | -€32,717 | -9.5% |
| Stocks and contracts in progress | 3 | €174,277 | €95,168 | -€79,109 | -45.4% |
| Stocks | 30/36 | €174,277 | €95,168 | -€79,109 | -45.4% |
| Amounts receivable within one year | 40/41 | €66,513 | €97,513 | +€31,000 | +46.6% |
| Trade receivables | 40 | €53,728 | €76,936 | +€23,208 | +43.2% |
| Other amounts receivable | 41 | €12,785 | €20,577 | +€7,792 | +60.9% |
| Current investments | 50/53 | €40,000 | €40,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,496 | €76,170 | +€15,674 | +25.9% |
| Deferred charges and accrued income | 490/1 | €1,615 | €1,333 | -€283 | -17.5% |
| Total equity and liabilities | 10/49 | €345,023 | €311,291 | -€33,732 | -9.8% |
| Equity | 10/15 | €156,494 | €136,197 | -€20,297 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,894 | €117,597 | -€20,297 | -14.7% |
| Distributable reserves | 133 | €137,894 | €117,597 | -€20,297 | -14.7% |
| Amounts payable | 17/49 | €188,529 | €175,094 | -€13,435 | -7.1% |
| Amounts payable within one year | 42/48 | €176,814 | €167,177 | -€9,637 | -5.5% |
| Trade debts | 44 | €37,700 | €2,670 | -€35,030 | -92.9% |
| Suppliers | 440/4 | €37,700 | €2,670 | -€35,030 | -92.9% |
| Taxes, remuneration and social security | 45 | €8,745 | €2,810 | -€5,935 | -67.9% |
| Taxes | 450/3 | €94 | €327 | +€232 | +245.9% |
| Remuneration and social security | 454/9 | €8,650 | €2,483 | -€6,167 | -71.3% |
| Other amounts payable | 47/48 | €130,369 | €161,697 | +€31,328 | +24.0% |
| Accrued charges and deferred income | 492/3 | €11,715 | €7,917 | -€3,798 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,014 | +€14 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €753 | -€35 | -€788 | |
| Other operating charges | 640/8 | €810 | €544 | -€266 | -32.8% |
| Gross operating margin | 9900 | €7,180 | €18,069 | +€10,889 | +151.7% |
| Operating profit (loss) | 9901 | €4,617 | €16,545 | +€11,929 | +258.4% |
| Financial income | 75/76B | €894 | €2,865 | +€1,971 | +220.6% |
| Recurring financial income | 75 | €894 | €2,865 | +€1,971 | +220.6% |
| Financial charges | 65/66B | €11,774 | €8,120 | -€3,654 | -31.0% |
| Recurring financial charges | 65 | €11,774 | €8,120 | -€3,654 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,264 | €11,289 | +€17,553 | |
| Income taxes | 67/77 | €128 | €939 | +€811 | +633.5% |
| Profit (loss) for the period | 9904 | -€6,392 | €10,351 | +€16,742 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,392 | €10,351 | +€16,742 |
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 12 October 2026 via checked.be.