FLYWEIGHT: 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.
FLYWEIGHT
Largest movements
- Tangible fixed assets -€5,067
down €5,067 (-4.5%), from €113,800 to €108,733
of which Land and buildings: -€6,584
- Receivables within one year -€1,505
down €1,505 (-84.4%), from €1,783 to €278
of which Trade receivables: -€957
- Cash -€1,300
down €1,300 (-49.4%), from €2,631 to €1,331
mainly Net result for the year (-€24,873) and Current portion of long-term debt (-€7,745)
- Profit (loss) carried forward -€24,873
down €24,873 (-30.6%), from -€81,400 to -€106,273
- Debts after one year +€16,807
up €16,807 (+18.9%), from €88,742 to €105,549
- Other debts +€7,924
up €7,924 (+20.6%), from €38,473 to €46,397
- Current portion of long-term debt -€7,745
down €7,745 (-100.0%), from €7,745 to €0
- Gross operating margin +€5,205
up €5,205 (+24.2%), from -€21,480 to -€16,275
- Financial charges -€852
down €852 (-56.2%), from €1,517 to €665
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 | €118,378 | €110,931 | -€7,447 | -6.3% |
| Fixed assets | 21/28 | €113,800 | €108,733 | -€5,067 | -4.5% |
| Tangible fixed assets | 22/27 | €113,800 | €108,733 | -€5,067 | -4.5% |
| Land and buildings | 22 | €113,800 | €107,217 | -€6,584 | -5.8% |
| Plant, machinery and equipment | 23 | - | €1,516 | +€1,516 | |
| Current assets | 29/58 | €4,578 | €2,197 | -€2,380 | -52.0% |
| Amounts receivable within one year | 40/41 | €1,783 | €278 | -€1,505 | -84.4% |
| Trade receivables | 40 | €957 | €0 | -€957 | -100.0% |
| Other amounts receivable | 41 | €826 | €278 | -€549 | -66.4% |
| Cash at bank and in hand | 54/58 | €2,631 | €1,331 | -€1,300 | -49.4% |
| Deferred charges and accrued income | 490/1 | €164 | €589 | +€425 | +259.5% |
| Total equity and liabilities | 10/49 | €118,378 | €110,931 | -€7,447 | -6.3% |
| Equity | 10/15 | -€17,630 | -€42,502 | -€24,873 | -141.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,571 | €57,571 | = | 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% |
| Distributable reserves | 133 | €55,711 | €55,711 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,400 | -€106,273 | -€24,873 | -30.6% |
| Amounts payable | 17/49 | €136,008 | €153,433 | +€17,426 | +12.8% |
| Amounts payable after more than one year | 17 | €88,742 | €105,549 | +€16,807 | +18.9% |
| Financial debts | 170/4 | €88,742 | €105,549 | +€16,807 | +18.9% |
| Amounts payable within one year | 42/48 | €47,266 | €47,884 | +€618 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €7,745 | €0 | -€7,745 | -100.0% |
| Trade debts | 44 | €1,049 | €1,462 | +€414 | +39.4% |
| Suppliers | 440/4 | €1,049 | €1,462 | +€414 | +39.4% |
| Taxes, remuneration and social security | 45 | €0 | €25 | +€25 | |
| Taxes | 450/3 | €0 | €25 | +€25 | |
| Other amounts payable | 47/48 | €38,473 | €46,397 | +€7,924 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,584 | €6,628 | +€44 | +0.7% |
| Other operating charges | 640/8 | €1,262 | €1,305 | +€44 | +3.5% |
| Gross operating margin | 9900 | -€21,480 | -€16,275 | +€5,205 | +24.2% |
| Operating profit (loss) | 9901 | -€29,325 | -€24,208 | +€5,117 | +17.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,517 | €665 | -€852 | -56.2% |
| Recurring financial charges | 65 | €1,517 | €665 | -€852 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | -€30,842 | -€24,873 | +€5,969 | +19.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€30,842 | -€24,873 | +€5,969 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,842 | -€24,873 | +€5,969 | +19.4% |
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 7 October 2026 via checked.be.