FLYGGER: 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.
FLYGGER
Largest movements
- Tangible fixed assets -€56,083
down €56,083 (-40.4%), from €138,808 to €82,725
of which Plant, machinery and equipment: -€37,918
- Receivables within one year +€9,339
up €9,339 (+595.5%), from €1,568 to €10,907
of which Trade receivables: +€8,625
- Intangible fixed assets -€3,846
down €3,846 (-47.7%), from €8,068 to €4,222
- Profit (loss) carried forward -€47,546
down €47,546 (-48.8%), from -€97,482 to -€145,028
- Other debts +€10,063
up €10,063 (+11.1%), from €90,311 to €100,374
- Debts after one year -€7,030
no longer reported in 2025 (was €7,030)
- Current portion of long-term debt -€2,921
no longer reported in 2025 (was €2,921)
- Trade debts -€2,400
down €2,400 (-82.4%), from €2,914 to €513
- Gross operating margin +€13,858
up €13,858 (+98.1%), from -€14,130 to -€272
- Depreciation +€3,045
up €3,045 (+7.0%), from €43,809 to €46,854
- Financial charges -€1,085
down €1,085 (-69.6%), from €1,559 to €474
- Staff costs -€906
down €906 (-96.5%), from €939 to €33
- Taxes -€392
new in 2025: -€392
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 | €151,117 | €100,720 | -€50,398 | -33.3% |
| Formation expenses | 20 | €932 | - | -€932 | |
| Fixed assets | 21/28 | €146,876 | €86,946 | -€59,930 | -40.8% |
| Intangible fixed assets | 21 | €8,068 | €4,222 | -€3,846 | -47.7% |
| Tangible fixed assets | 22/27 | €138,808 | €82,725 | -€56,083 | -40.4% |
| Plant, machinery and equipment | 23 | €113,354 | €75,436 | -€37,918 | -33.5% |
| Furniture and vehicles | 24 | €14,851 | €137 | -€14,713 | -99.1% |
| Leasing and similar rights | 25 | €10,604 | €7,151 | -€3,453 | -32.6% |
| Current assets | 29/58 | €3,309 | €13,773 | +€10,464 | +316.3% |
| Amounts receivable within one year | 40/41 | €1,568 | €10,907 | +€9,339 | +595.5% |
| Trade receivables | 40 | - | €8,625 | +€8,625 | |
| Other amounts receivable | 41 | €1,568 | €2,282 | +€713 | +45.5% |
| Cash at bank and in hand | 54/58 | €1,740 | €1,997 | +€256 | +14.7% |
| Deferred charges and accrued income | 490/1 | - | €870 | +€870 | |
| Total equity and liabilities | 10/49 | €151,117 | €100,720 | -€50,398 | -33.3% |
| Equity | 10/15 | €47,378 | -€168 | -€47,546 | |
| Contributions | 10/11 | €143,000 | €143,000 | = | 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 | -€97,482 | -€145,028 | -€47,546 | -48.8% |
| Amounts payable | 17/49 | €103,739 | €100,888 | -€2,852 | -2.7% |
| Amounts payable after more than one year | 17 | €7,030 | - | -€7,030 | |
| Financial debts | 170/4 | €7,030 | - | -€7,030 | |
| Amounts payable within one year | 42/48 | €96,709 | €100,888 | +€4,179 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €2,921 | - | -€2,921 | |
| Trade debts | 44 | €2,914 | €513 | -€2,400 | -82.4% |
| Suppliers | 440/4 | €2,914 | €513 | -€2,400 | -82.4% |
| Taxes, remuneration and social security | 45 | €563 | - | -€563 | |
| Taxes | 450/3 | €563 | - | -€563 | |
| Other amounts payable | 47/48 | €90,311 | €100,374 | +€10,063 | +11.1% |
| Remuneration, social security and pensions | 62 | €939 | €33 | -€906 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,809 | €46,854 | +€3,045 | +7.0% |
| Other operating charges | 640/8 | €0 | €304 | +€304 | |
| Non-recurring operating charges | 66A | €605 | - | -€605 | |
| Gross operating margin | 9900 | -€14,130 | -€272 | +€13,858 | +98.1% |
| Operating profit (loss) | 9901 | -€59,484 | -€47,463 | +€12,021 | +20.2% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €1,559 | €474 | -€1,085 | -69.6% |
| Recurring financial charges | 65 | €1,559 | €474 | -€1,085 | -69.6% |
| Profit (loss) for the period before taxes | 9903 | -€61,017 | -€47,937 | +€13,080 | +21.4% |
| Income taxes | 67/77 | - | -€392 | -€392 | |
| Profit (loss) for the period | 9904 | -€61,017 | -€47,546 | +€13,472 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,017 | -€47,546 | +€13,472 | +22.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.