THE FLYING LADY: what changed
THE FLYING LADY
Largest movements
- Receivables within one year +€33,285
up €33,285 (+303%), from €10,982 to €44,267
of which Trade receivables: +€27,518
- Cash -€12,799
down €12,799 (-70.1%), from €18,267 to €5,468
mainly Receivables within one year (-€33,285) and Other debts (-€5,425)
- Tangible fixed assets +€3,063
new in 2025: €3,063
- Profit (loss) carried forward +€19,861
up €19,861 (+128%), from €15,505 to €35,367
- Tax, wage and social debts +€6,829
up €6,829 (+133%), from €5,119 to €11,948
- Other debts -€5,425
down €5,425 (-100%), from €5,425 to €0
- Trade debts +€2,284
up €2,284 (+1,144%), from €200 to €2,483
- Gross operating margin +€7,250
up €7,250 (+34.4%), from €21,074 to €28,324
- Taxes +€1,709
up €1,709 (+33.4%), from €5,119 to €6,829
- Depreciation +€522
new in 2025: €522
- Other operating charges +€435
up €435 (+98.5%), from €442 to €877
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,249 | €52,798 | +€23,549 | +80.5% |
| Fixed assets | 21/28 | - | €3,063 | +€3,063 | |
| Tangible fixed assets | 22/27 | - | €3,063 | +€3,063 | |
| Furniture and vehicles | 24 | - | €3,063 | +€3,063 | |
| Current assets | 29/58 | €29,249 | €49,735 | +€20,486 | +70.0% |
| Amounts receivable within one year | 40/41 | €10,982 | €44,267 | +€33,285 | +303% |
| Trade receivables | 40 | €10,982 | €38,500 | +€27,518 | +251% |
| Other amounts receivable | 41 | - | €5,767 | +€5,767 | |
| Cash at bank and in hand | 54/58 | €18,267 | €5,468 | -€12,799 | -70.1% |
| Total equity and liabilities | 10/49 | €29,249 | €52,798 | +€23,549 | +80.5% |
| Equity | 10/15 | €18,505 | €38,367 | +€19,861 | +107% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,505 | €35,367 | +€19,861 | +128% |
| Amounts payable | 17/49 | €10,744 | €14,431 | +€3,688 | +34.3% |
| Amounts payable within one year | 42/48 | €10,744 | €14,431 | +€3,688 | +34.3% |
| Trade debts | 44 | €200 | €2,483 | +€2,284 | +1,144% |
| Suppliers | 440/4 | €200 | €2,483 | +€2,284 | +1,144% |
| Taxes, remuneration and social security | 45 | €5,119 | €11,948 | +€6,829 | +133% |
| Taxes | 450/3 | €5,119 | €11,948 | +€6,829 | +133% |
| Other amounts payable | 47/48 | €5,425 | €0 | -€5,425 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €522 | +€522 | |
| Other operating charges | 640/8 | €442 | €877 | +€435 | +98.5% |
| Gross operating margin | 9900 | €21,074 | €28,324 | +€7,250 | +34.4% |
| Operating profit (loss) | 9901 | €20,632 | €26,924 | +€6,292 | +30.5% |
| Financial charges | 65/66B | €7 | €235 | +€227 | +3,065% |
| Recurring financial charges | 65 | €7 | €235 | +€227 | +3,065% |
| Profit (loss) for the period before taxes | 9903 | €20,625 | €26,690 | +€6,065 | +29.4% |
| Income taxes | 67/77 | €5,119 | €6,829 | +€1,709 | +33.4% |
| Profit (loss) for the period | 9904 | €15,505 | €19,861 | +€4,356 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,505 | €19,861 | +€4,356 | +28.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.