FreeFlight: 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.
FreeFlight
Largest movements
- Cash +€72,951
up €72,951 (+78.4%), from €93,026 to €165,977
mainly Net result for the year (+€77,427) and Tax, wage and social debts (+€23,351)
- Receivables after one year +€22,000
new in 2025: €22,000
- Current investments +€6,000
new in 2025: €6,000
- Reserves +€77,427
up €77,427 (+96.8%), from €80,015 to €157,442
- Tax, wage and social debts +€23,351
up €23,351 (+75.5%), from €30,912 to €54,263
- Gross operating margin -€6,960
down €6,960 (-6.5%), from €107,812 to €100,852
- Taxes -€1,354
down €1,354 (-6.0%), from €22,691 to €21,337
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 | €116,254 | €215,519 | +€99,265 | +85.4% |
| Fixed assets | 21/28 | €6,613 | €6,035 | -€578 | -8.7% |
| Tangible fixed assets | 22/27 | €6,613 | €6,035 | -€578 | -8.7% |
| Land and buildings | 22 | €3,836 | €2,931 | -€905 | -23.6% |
| Plant, machinery and equipment | 23 | €2,777 | €1,739 | -€1,039 | -37.4% |
| Furniture and vehicles | 24 | - | €1,366 | +€1,366 | |
| Current assets | 29/58 | €109,641 | €209,484 | +€99,843 | +91.1% |
| Amounts receivable after more than one year | 29 | - | €22,000 | +€22,000 | |
| Other amounts receivable | 291 | - | €22,000 | +€22,000 | |
| Amounts receivable within one year | 40/41 | €15,507 | €15,507 | = | 0.0% |
| Trade receivables | 40 | €15,507 | €15,507 | = | 0.0% |
| Current investments | 50/53 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €93,026 | €165,977 | +€72,951 | +78.4% |
| Deferred charges and accrued income | 490/1 | €1,108 | - | -€1,108 | |
| Total equity and liabilities | 10/49 | €116,254 | €215,519 | +€99,265 | +85.4% |
| Equity | 10/15 | €82,515 | €159,942 | +€77,427 | +93.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €80,015 | €157,442 | +€77,427 | +96.8% |
| Distributable reserves | 133 | €80,015 | €157,442 | +€77,427 | +96.8% |
| Amounts payable | 17/49 | €33,740 | €55,577 | +€21,838 | +64.7% |
| Amounts payable within one year | 42/48 | €33,740 | €55,577 | +€21,838 | +64.7% |
| Trade debts | 44 | €1,912 | €1,126 | -€785 | -41.1% |
| Suppliers | 440/4 | €1,912 | €1,126 | -€785 | -41.1% |
| Taxes, remuneration and social security | 45 | €30,912 | €54,263 | +€23,351 | +75.5% |
| Taxes | 450/3 | €30,912 | €54,263 | +€23,351 | +75.5% |
| Other amounts payable | 47/48 | €916 | €188 | -€728 | -79.5% |
| Non-recurring operating income | 76A | - | €509 | +€509 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,028 | €1,974 | +€946 | +92.0% |
| Other operating charges | 640/8 | €279 | €648 | +€368 | +131.8% |
| Gross operating margin | 9900 | €107,812 | €100,852 | -€6,960 | -6.5% |
| Operating profit (loss) | 9901 | €106,504 | €98,230 | -€8,274 | -7.8% |
| Financial income | 75/76B | €0 | €572 | +€572 | +5715400.0% |
| Recurring financial income | 75 | €0 | €572 | +€572 | +5715400.0% |
| Financial charges | 65/66B | €140 | €38 | -€102 | -72.9% |
| Recurring financial charges | 65 | €140 | €38 | -€102 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €106,364 | €98,764 | -€7,600 | -7.1% |
| Income taxes | 67/77 | €22,691 | €21,337 | -€1,354 | -6.0% |
| Profit (loss) for the period | 9904 | €83,674 | €77,427 | -€6,247 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,674 | €77,427 | -€6,247 | -7.5% |
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 10 October 2026 via checked.be.