FLYING G.: 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.
FLYING G.
Largest movements
- Tangible fixed assets +€43,108
up €43,108 (+3045.7%), from €1,415 to €44,524
of which Furniture and vehicles: +€43,425
- Cash -€11,741
down €11,741 (-72.8%), from €16,123 to €4,382
mainly Investment in fixed assets (net) (-€48,581) and Net result for the year (-€32,999)
- Stocks and contracts -€5,947
down €5,947 (-30.3%), from €19,604 to €13,658
- Receivables within one year -€1,290
down €1,290 (-6.5%), from €19,772 to €18,482
of which Other amounts receivable: -€2,439
- Other debts +€37,845
up €37,845 (+354.2%), from €10,683 to €48,528
- Profit (loss) carried forward -€32,999
down €32,999 (-23.7%), from -€139,494 to -€172,493
- Tax, wage and social debts +€29,327
up €29,327 (+502.7%), from €5,834 to €35,161
of which Remuneration and social security: +€25,342
- Trade debts -€10,053
down €10,053 (-24.9%), from €40,348 to €30,296
- Gross operating margin +€81,302
up €81,302 (+56.1%), from €144,936 to €226,238
- Staff costs +€70,551
up €70,551 (+42.9%), from €164,645 to €235,196
- Depreciation +€4,399
up €4,399 (+410.0%), from €1,073 to €5,472
- Financial charges +€2,290
up €2,290 (+41.6%), from €5,510 to €7,800
of which Non-recurring financial charges: +€2,239
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 | €57,472 | €81,603 | +€24,131 | +42.0% |
| Fixed assets | 21/28 | €1,973 | €45,081 | +€43,108 | +2184.8% |
| Tangible fixed assets | 22/27 | €1,415 | €44,524 | +€43,108 | +3045.7% |
| Furniture and vehicles | 24 | €1,099 | €44,524 | +€43,425 | +3951.8% |
| Other tangible fixed assets | 26 | €317 | - | -€317 | |
| Financial fixed assets | 28 | €558 | €558 | = | 0.0% |
| Current assets | 29/58 | €55,499 | €36,521 | -€18,978 | -34.2% |
| Stocks and contracts in progress | 3 | €19,604 | €13,658 | -€5,947 | -30.3% |
| Stocks | 30/36 | €19,604 | €13,658 | -€5,947 | -30.3% |
| Amounts receivable within one year | 40/41 | €19,772 | €18,482 | -€1,290 | -6.5% |
| Trade receivables | 40 | €434 | €1,583 | +€1,149 | +264.7% |
| Other amounts receivable | 41 | €19,338 | €16,899 | -€2,439 | -12.6% |
| Cash at bank and in hand | 54/58 | €16,123 | €4,382 | -€11,741 | -72.8% |
| Total equity and liabilities | 10/49 | €57,472 | €81,603 | +€24,131 | +42.0% |
| Equity | 10/15 | €607 | -€32,392 | -€32,999 | |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Reserves | 13 | €47,141 | €47,141 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,296 | €9,296 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,296 | €9,296 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,845 | €37,845 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,494 | -€172,493 | -€32,999 | -23.7% |
| Amounts payable | 17/49 | €56,865 | €113,995 | +€57,129 | +100.5% |
| Amounts payable within one year | 42/48 | €56,865 | €113,985 | +€57,119 | +100.4% |
| Trade debts | 44 | €40,348 | €30,296 | -€10,053 | -24.9% |
| Suppliers | 440/4 | €40,348 | €30,296 | -€10,053 | -24.9% |
| Taxes, remuneration and social security | 45 | €5,834 | €35,161 | +€29,327 | +502.7% |
| Taxes | 450/3 | €2,169 | €6,154 | +€3,985 | +183.8% |
| Remuneration and social security | 454/9 | €3,666 | €29,007 | +€25,342 | +691.4% |
| Other amounts payable | 47/48 | €10,683 | €48,528 | +€37,845 | +354.2% |
| Accrued charges and deferred income | 492/3 | - | €10 | +€10 | |
| Remuneration, social security and pensions | 62 | €164,645 | €235,196 | +€70,551 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,073 | €5,472 | +€4,399 | +410.0% |
| Other operating charges | 640/8 | €10,059 | €9,494 | -€565 | -5.6% |
| Gross operating margin | 9900 | €144,936 | €226,238 | +€81,302 | +56.1% |
| Operating profit (loss) | 9901 | -€30,840 | -€23,924 | +€6,916 | +22.4% |
| Financial income | 75/76B | €13 | €95 | +€83 | +658.4% |
| Recurring financial income | 75 | €13 | €95 | +€83 | +658.4% |
| Financial charges | 65/66B | €5,510 | €7,800 | +€2,290 | +41.6% |
| Recurring financial charges | 65 | €5,510 | €5,561 | +€51 | +0.9% |
| Non-recurring financial charges | 66B | - | €2,239 | +€2,239 | |
| Profit (loss) for the period before taxes | 9903 | -€36,338 | -€31,629 | +€4,709 | +13.0% |
| Income taxes | 67/77 | €805 | €1,370 | +€565 | +70.1% |
| Profit (loss) for the period | 9904 | -€37,143 | -€32,999 | +€4,145 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,143 | -€32,999 | +€4,145 | +11.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.