FLYP: 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.
FLYP
Largest movements
- Cash +€53,480
up €53,480 (+2766.1%), from €1,933 to €55,413
mainly Net result for the year (+€47,201) and Debts after one year (+€36,386)
- Tangible fixed assets +€46,847
up €46,847 (+1665.7%), from €2,812 to €49,659
- Receivables within one year +€6,353
up €6,353 (+52.5%), from €12,100 to €18,453
- Profit (loss) carried forward +€47,201
up €47,201 (+808.1%), from €5,841 to €53,042
- Debts after one year +€36,386
new in 2025: €36,386
- Tax, wage and social debts +€19,138
up €19,138 (+786.0%), from €2,435 to €21,573
- Current portion of long-term debt +€11,129
new in 2025: €11,129
- Trade debts -€6,355
down €6,355 (-96.5%), from €6,587 to €232
- Gross operating margin +€65,918
up €65,918 (+846.2%), from €7,790 to €73,708
- Taxes +€11,978
up €11,978 (+853.3%), from €1,404 to €13,382
- Depreciation +€10,164
up €10,164 (+78005.4%), from €13 to €10,177
- Financial charges +€1,618
up €1,618 (+3235.9%), from €50 to €1,668
- Staff costs +€914
new in 2025: €914
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 | €16,846 | €124,277 | +€107,431 | +637.7% |
| Fixed assets | 21/28 | €2,812 | €49,659 | +€46,847 | +1665.7% |
| Tangible fixed assets | 22/27 | €2,812 | €49,659 | +€46,847 | +1665.7% |
| Furniture and vehicles | 24 | €2,812 | €49,659 | +€46,847 | +1665.7% |
| Current assets | 29/58 | €14,033 | €74,618 | +€60,585 | +431.7% |
| Amounts receivable within one year | 40/41 | €12,100 | €18,453 | +€6,353 | +52.5% |
| Trade receivables | 40 | €12,100 | €18,453 | +€6,353 | +52.5% |
| Cash at bank and in hand | 54/58 | €1,933 | €55,413 | +€53,480 | +2766.1% |
| Deferred charges and accrued income | 490/1 | - | €752 | +€752 | |
| Total equity and liabilities | 10/49 | €16,846 | €124,277 | +€107,431 | +637.7% |
| Equity | 10/15 | €6,341 | €53,542 | +€47,201 | +744.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,841 | €53,042 | +€47,201 | +808.1% |
| Amounts payable | 17/49 | €10,505 | €70,735 | +€60,230 | +573.4% |
| Amounts payable after more than one year | 17 | - | €36,386 | +€36,386 | |
| Financial debts | 170/4 | - | €36,386 | +€36,386 | |
| Amounts payable within one year | 42/48 | €10,505 | €34,349 | +€23,844 | +227.0% |
| Current portion of amounts payable after more than one year | 42 | - | €11,129 | +€11,129 | |
| Trade debts | 44 | €6,587 | €232 | -€6,355 | -96.5% |
| Suppliers | 440/4 | €6,587 | €232 | -€6,355 | -96.5% |
| Taxes, remuneration and social security | 45 | €2,435 | €21,573 | +€19,138 | +786.0% |
| Taxes | 450/3 | €2,435 | €21,573 | +€19,138 | +786.0% |
| Other amounts payable | 47/48 | €1,483 | €1,416 | -€68 | -4.6% |
| Remuneration, social security and pensions | 62 | - | €914 | +€914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13 | €10,177 | +€10,164 | +78005.4% |
| Other operating charges | 640/8 | €482 | €366 | -€116 | -24.0% |
| Gross operating margin | 9900 | €7,790 | €73,708 | +€65,918 | +846.2% |
| Operating profit (loss) | 9901 | €7,295 | €62,251 | +€54,957 | +753.4% |
| Financial charges | 65/66B | €50 | €1,668 | +€1,618 | +3235.9% |
| Recurring financial charges | 65 | €50 | €1,668 | +€1,618 | +3235.9% |
| Profit (loss) for the period before taxes | 9903 | €7,245 | €60,583 | +€53,339 | +736.2% |
| Income taxes | 67/77 | €1,404 | €13,382 | +€11,978 | +853.3% |
| Profit (loss) for the period | 9904 | €5,841 | €47,201 | +€41,360 | +708.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,841 | €47,201 | +€41,360 | +708.1% |
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 8 October 2026 via checked.be.