inFlights: 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.
inFlights
Largest movements
- Receivables within one year +€33,711
up €33,711 (+12.4%), from €272,724 to €306,434
of which Trade receivables: +€20,704
- Intangible fixed assets -€29,261
down €29,261 (-37.6%), from €77,840 to €48,579
- Cash -€8,140
down €8,140 (-7.6%), from €107,134 to €98,994
mainly Accrued charges and deferred income (-€68,029) and Receivables within one year (-€33,711)
- Accrued charges and deferred income -€68,029
down €68,029 (-36.2%), from €187,666 to €119,637
- Profit (loss) carried forward +€58,587
up €58,587 (+13.4%), from -€437,138 to -€378,551
- Tax, wage and social debts +€11,923
up €11,923 (+141%), from €8,452 to €20,375
of which Remuneration and social security: +€13,286
- Gross operating margin +€19,273
up €19,273 (+15.2%), from €127,097 to €146,370
- Financial income +€7,943
up €7,943 (+10,140%), from €78 to €8,021
- Staff costs +€1,979
up €1,979 (+3.4%), from €58,563 to €60,542
- Depreciation -€1,898
down €1,898 (-5.6%), from €34,042 to €32,144
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €463,639 | €461,076 | -€2,563 | -0.6% |
| Fixed assets | 21/28 | €83,512 | €55,417 | -€28,095 | -33.6% |
| Intangible fixed assets | 21 | €77,840 | €48,579 | -€29,261 | -37.6% |
| Tangible fixed assets | 22/27 | €4,711 | €5,877 | +€1,166 | +24.8% |
| Furniture and vehicles | 24 | €4,711 | €5,877 | +€1,166 | +24.8% |
| Financial fixed assets | 28 | €960 | €960 | = | 0.0% |
| Current assets | 29/58 | €380,128 | €405,659 | +€25,531 | +6.7% |
| Amounts receivable within one year | 40/41 | €272,724 | €306,434 | +€33,711 | +12.4% |
| Trade receivables | 40 | €42,957 | €63,661 | +€20,704 | +48.2% |
| Other amounts receivable | 41 | €229,767 | €242,773 | +€13,006 | +5.7% |
| Cash at bank and in hand | 54/58 | €107,134 | €98,994 | -€8,140 | -7.6% |
| Deferred charges and accrued income | 490/1 | €270 | €231 | -€39 | -14.5% |
| Total equity and liabilities | 10/49 | €463,639 | €461,076 | -€2,563 | -0.6% |
| Equity | 10/15 | -€116,678 | -€58,091 | +€58,587 | +50.2% |
| Contributions | 10/11 | €318,600 | €318,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€437,138 | -€378,551 | +€58,587 | +13.4% |
| Amounts payable | 17/49 | €580,317 | €519,166 | -€61,151 | -10.5% |
| Amounts payable after more than one year | 17 | €341,922 | €341,922 | = | 0.0% |
| Financial debts | 170/4 | €341,922 | €341,922 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,730 | €57,608 | +€6,878 | +13.6% |
| Financial debts | 43 | €4,681 | €3,372 | -€1,309 | -28.0% |
| Credit institutions | 430/8 | €4,681 | €3,372 | -€1,309 | -28.0% |
| Trade debts | 44 | €37,596 | €33,861 | -€3,736 | -9.9% |
| Suppliers | 440/4 | €37,596 | €33,861 | -€3,736 | -9.9% |
| Taxes, remuneration and social security | 45 | €8,452 | €20,375 | +€11,923 | +141% |
| Taxes | 450/3 | €6,007 | €4,644 | -€1,363 | -22.7% |
| Remuneration and social security | 454/9 | €2,445 | €15,731 | +€13,286 | +543% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €187,666 | €119,637 | -€68,029 | -36.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €58,563 | €60,542 | +€1,979 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,042 | €32,144 | -€1,898 | -5.6% |
| Other operating charges | 640/8 | €1,017 | €1,908 | +€891 | +87.6% |
| Gross operating margin | 9900 | €127,097 | €146,370 | +€19,273 | +15.2% |
| Operating profit (loss) | 9901 | €33,476 | €51,776 | +€18,300 | +54.7% |
| Financial income | 75/76B | €78 | €8,021 | +€7,943 | +10,140% |
| Recurring financial income | 75 | €78 | €8,021 | +€7,943 | +10,140% |
| Financial charges | 65/66B | €990 | €1,070 | +€80 | +8.1% |
| Recurring financial charges | 65 | €990 | €1,070 | +€80 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €32,564 | €58,727 | +€26,163 | +80.3% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | €32,432 | €58,587 | +€26,155 | +80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,432 | €58,587 | +€26,155 | +80.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.