THE FLYING ANT: 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.
THE FLYING ANT
Largest movements
- Receivables within one year -€14,123
down €14,123 (-67.7%), from €20,861 to €6,738
of which Trade receivables: -€14,160
- Cash -€1,271
down €1,271 (-28.7%), from €4,429 to €3,158
mainly Net result for the year (-€17,399) and Tax, wage and social debts (-€7,219)
- Tangible fixed assets -€1,211
down €1,211 (-43.0%), from €2,813 to €1,603
- Deferred charges and accrued income -€337
no longer reported in 2025 (was €337)
- Profit (loss) carried forward -€17,399
down €17,399 (-719%), from -€2,420 to -€19,819
- Advances received +€10,000
new in 2025: €10,000
- Tax, wage and social debts -€7,219
down €7,219 (-94.1%), from €7,671 to €452
of which Taxes: -€4,427
- Other debts -€1,985
down €1,985 (-41.4%), from €4,797 to €2,812
- Trade debts -€413
down €413 (-7.0%), from €5,923 to €5,510
- Gross operating margin -€14,866
down €14,866, from €350 to -€14,516
- Taxes -€1,585
down €1,585 (-90.6%), from €1,750 to €165
- Financial charges +€1,267
up €1,267 (+753%), from €168 to €1,436
- Depreciation +€397
up €397 (+44.7%), from €887 to €1,285
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,514 | €11,499 | -€17,015 | -59.7% |
| Fixed assets | 21/28 | €2,887 | €1,603 | -€1,285 | -44.5% |
| Intangible fixed assets | 21 | €74 | - | -€74 | |
| Tangible fixed assets | 22/27 | €2,813 | €1,603 | -€1,211 | -43.0% |
| Furniture and vehicles | 24 | €2,813 | €1,603 | -€1,211 | -43.0% |
| Current assets | 29/58 | €25,626 | €9,896 | -€15,730 | -61.4% |
| Amounts receivable within one year | 40/41 | €20,861 | €6,738 | -€14,123 | -67.7% |
| Trade receivables | 40 | €20,861 | €6,701 | -€14,160 | -67.9% |
| Other amounts receivable | 41 | - | €37 | +€37 | |
| Cash at bank and in hand | 54/58 | €4,429 | €3,158 | -€1,271 | -28.7% |
| Deferred charges and accrued income | 490/1 | €337 | - | -€337 | |
| Total equity and liabilities | 10/49 | €28,514 | €11,499 | -€17,015 | -59.7% |
| Equity | 10/15 | €10,122 | -€7,276 | -€17,399 | |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €3,543 | €3,543 | = | 0.0% |
| Distributable reserves | 133 | €3,543 | €3,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,420 | -€19,819 | -€17,399 | -719% |
| Amounts payable | 17/49 | €18,391 | €18,775 | +€384 | +2.1% |
| Amounts payable within one year | 42/48 | €18,391 | €18,775 | +€384 | +2.1% |
| Trade debts | 44 | €5,923 | €5,510 | -€413 | -7.0% |
| Suppliers | 440/4 | €5,923 | €5,510 | -€413 | -7.0% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €7,671 | €452 | -€7,219 | -94.1% |
| Taxes | 450/3 | €4,879 | €452 | -€4,427 | -90.7% |
| Remuneration and social security | 454/9 | €2,792 | - | -€2,792 | |
| Other amounts payable | 47/48 | €4,797 | €2,812 | -€1,985 | -41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €887 | €1,285 | +€397 | +44.7% |
| Gross operating margin | 9900 | €350 | -€14,516 | -€14,866 | |
| Operating profit (loss) | 9901 | -€538 | -€15,801 | -€15,263 | -2,838% |
| Financial income | 75/76B | €36 | €3 | -€32 | -90.4% |
| Recurring financial income | 75 | €36 | €3 | -€32 | -90.4% |
| Financial charges | 65/66B | €168 | €1,436 | +€1,267 | +753% |
| Recurring financial charges | 65 | €168 | €1,436 | +€1,267 | +753% |
| Profit (loss) for the period before taxes | 9903 | -€670 | -€17,233 | -€16,563 | -2,471% |
| Income taxes | 67/77 | €1,750 | €165 | -€1,585 | -90.6% |
| Profit (loss) for the period | 9904 | -€2,420 | -€17,399 | -€14,978 | -619% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,420 | -€17,399 | -€14,978 | -619% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.