FLYING PARTNERS: 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.
What changed
FLYING PARTNERS
NACE 51.100, Air transport
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,079
2024 · €8,256-€2,178
Equity
€192,161
2024 · €161,887+€30,274
Cash
€140
2024 · €105+€35
Balance sheet total
€957,349
2024 · €672,892+€284,457
Largest movements
Assets
- Receivables within one year +€284,422
up €284,422 (+42.3%), from €672,787 to €957,208
of which Trade receivables: +€198,656
Equity and liabilities
- Trade debts +€242,197
up €242,197 (+51.7%), from €468,528 to €710,725
- Contributions +€24,195
up €24,195 (+23.0%), from €105,185 to €129,380
- Accrued charges and deferred income +€9,700
up €9,700 (+606%), from €1,600 to €11,300
Income statement
- Goods and materials +€79,495
up €79,495 (+9.4%), from €849,058 to €928,553
- Turnover +€68,455
up €68,455 (+7.8%), from €880,494 to €948,949
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.
Result 2024
€8,256
Turnover
+€68,455
Other operating income
+€231
Goods and materials
-€79,495
Services and other goods
+€8,115
Other operating charges
-€1,113
Financial income
+€509
Financial charges
+€313
Taxes
+€807
Result 2025
€6,079
raises the resultlowers the result
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.
From operations
-€24,160
Investment
€0
Financing
+€24,195
Cash 2024
€105
From operations (derived)
-€24,160
Net result for the year
+€6,079
Receivables within one year
-€284,422
Trade debts
+€242,197
Tax, wage and social debts
+€2,286
Accrued charges and deferred income
+€9,700
Financing
+€24,195
Contributions, distributions and other
+€24,195
Cash 2025
€140
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,892 | €957,349 | +€284,457 | +42.3% |
| Current assets | 29/58 | €672,892 | €957,349 | +€284,457 | +42.3% |
| Amounts receivable within one year | 40/41 | €672,787 | €957,208 | +€284,422 | +42.3% |
| Trade receivables | 40 | €554,371 | €753,027 | +€198,656 | +35.8% |
| Other amounts receivable | 41 | €118,416 | €204,181 | +€85,765 | +72.4% |
| Cash at bank and in hand | 54/58 | €105 | €140 | +€35 | +33.2% |
| Total equity and liabilities | 10/49 | €672,892 | €957,349 | +€284,457 | +42.3% |
| Equity | 10/15 | €161,887 | €192,161 | +€30,274 | +18.7% |
| Contributions | 10/11 | €105,185 | €129,380 | +€24,195 | +23.0% |
| Capital | 10 | €105,185 | €129,380 | +€24,195 | +23.0% |
| Issued capital | 100 | €201,957 | €245,322 | +€43,365 | +21.5% |
| Uncalled capital | 101 | €96,772 | €115,942 | +€19,170 | +19.8% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,844 | €60,923 | +€6,079 | +11.1% |
| Amounts payable | 17/49 | €511,005 | €765,188 | +€254,183 | +49.7% |
| Amounts payable after more than one year | 17 | €35,925 | €35,925 | = | 0.0% |
| Other amounts payable | 178/9 | €35,925 | €35,925 | = | 0.0% |
| Amounts payable within one year | 42/48 | €473,480 | €717,963 | +€244,483 | +51.6% |
| Trade debts | 44 | €468,528 | €710,725 | +€242,197 | +51.7% |
| Suppliers | 440/4 | €468,528 | €710,725 | +€242,197 | +51.7% |
| Taxes, remuneration and social security | 45 | €3,093 | €5,378 | +€2,286 | +73.9% |
| Taxes | 450/3 | €3,093 | €5,378 | +€2,286 | +73.9% |
| Other amounts payable | 47/48 | €1,859 | €1,859 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,600 | €11,300 | +€9,700 | +606% |
| Operating income | 70/76A | €881,057 | €949,743 | +€68,686 | +7.8% |
| Turnover | 70 | €880,494 | €948,949 | +€68,455 | +7.8% |
| Other operating income | 74 | €563 | €795 | +€231 | +41.0% |
| Operating charges | 60/66A | €867,873 | €940,366 | +€72,493 | +8.4% |
| Goods for resale, raw materials and consumables | 60 | €849,058 | €928,553 | +€79,495 | +9.4% |
| Purchases | 600/8 | €849,058 | €928,553 | +€79,495 | +9.4% |
| Services and other goods | 61 | €18,310 | €10,195 | -€8,115 | -44.3% |
| Other operating charges | 640/8 | €505 | €1,618 | +€1,113 | +220% |
| Operating profit (loss) | 9901 | €13,184 | €9,377 | -€3,806 | -28.9% |
| Financial income | 75/76B | €485 | €994 | +€509 | +105% |
| Recurring financial income | 75 | €485 | €994 | +€509 | +105% |
| Other financial income | 752/9 | €485 | €994 | +€509 | +105% |
| Financial charges | 65/66B | €2,320 | €2,007 | -€313 | -13.5% |
| Recurring financial charges | 65 | €2,320 | €2,007 | -€313 | -13.5% |
| Debt charges | 650 | - | €120 | +€120 | |
| Other financial charges | 652/9 | €2,320 | €1,887 | -€433 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €11,349 | €8,364 | -€2,984 | -26.3% |
| Income taxes | 67/77 | €3,093 | €2,286 | -€807 | -26.1% |
| Taxes | 670/3 | €3,093 | €2,286 | -€807 | -26.1% |
| Profit (loss) for the period | 9904 | €8,256 | €6,079 | -€2,178 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,256 | €6,079 | -€2,178 | -26.4% |
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 24 October 2026 via checked.be.