XTREME FLY: 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.
XTREME FLY
Largest movements
- Receivables within one year +€69,685
up €69,685 (+86.6%), from €80,464 to €150,149
of which Trade receivables: +€41,627
- Tangible fixed assets +€5,886
up €5,886 (+4.6%), from €128,033 to €133,919
of which Plant, machinery and equipment: +€13,852
- Intangible fixed assets -€4,672
down €4,672 (-50.0%), from €9,343 to €4,672
- Trade debts +€83,928
up €83,928 (+482%), from €17,411 to €101,339
- Debts after one year -€19,437
down €19,437 (-23.0%), from €84,669 to €65,232
- Reserves +€10,189
up €10,189 (+29.1%), from €35,000 to €45,189
- Short-term financial debts +€8,144
up €8,144 (+76.6%), from €10,637 to €18,781
- Other debts -€6,521
down €6,521 (-76.5%), from €8,523 to €2,002
- Gross operating margin -€32,406
down €32,406 (-37.1%), from €87,240 to €54,834
- Depreciation -€3,346
down €3,346 (-13.9%), from €24,154 to €20,809
- Taxes -€3,340
down €3,340 (-38.6%), from €8,647 to €5,307
- Financial charges +€2,967
up €2,967 (+25.6%), from €11,610 to €14,577
- Financial income -€1,346
down €1,346 (-18.4%), from €7,318 to €5,972
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 | €248,705 | €320,891 | +€72,186 | +29.0% |
| Fixed assets | 21/28 | €137,377 | €138,591 | +€1,214 | +0.9% |
| Intangible fixed assets | 21 | €9,343 | €4,672 | -€4,672 | -50.0% |
| Tangible fixed assets | 22/27 | €128,033 | €133,919 | +€5,886 | +4.6% |
| Land and buildings | 22 | €119,510 | €106,805 | -€12,705 | -10.6% |
| Plant, machinery and equipment | 23 | €1,820 | €15,672 | +€13,852 | +761% |
| Furniture and vehicles | 24 | €6,703 | €11,442 | +€4,739 | +70.7% |
| Current assets | 29/58 | €111,328 | €182,300 | +€70,972 | +63.7% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €80,464 | €150,149 | +€69,685 | +86.6% |
| Trade receivables | 40 | €79,930 | €121,557 | +€41,627 | +52.1% |
| Other amounts receivable | 41 | €534 | €28,592 | +€28,058 | +5,256% |
| Cash at bank and in hand | 54/58 | €12 | €94 | +€82 | +664% |
| Deferred charges and accrued income | 490/1 | €852 | €2,057 | +€1,205 | +141% |
| Total equity and liabilities | 10/49 | €248,705 | €320,891 | +€72,186 | +29.0% |
| Equity | 10/15 | €56,405 | €66,594 | +€10,189 | +18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,000 | €45,189 | +€10,189 | +29.1% |
| Distributable reserves | 133 | €35,000 | €45,189 | +€10,189 | +29.1% |
| Profit (loss) carried forward | 14 | €2,805 | €2,805 | = | 0.0% |
| Amounts payable | 17/49 | €192,300 | €254,297 | +€61,997 | +32.2% |
| Amounts payable after more than one year | 17 | €84,669 | €65,232 | -€19,437 | -23.0% |
| Financial debts | 170/4 | €84,669 | €65,232 | -€19,437 | -23.0% |
| Amounts payable within one year | 42/48 | €107,631 | €189,065 | +€81,434 | +75.7% |
| Current portion of amounts payable after more than one year | 42 | €35,644 | €32,702 | -€2,942 | -8.3% |
| Financial debts | 43 | €10,637 | €18,781 | +€8,144 | +76.6% |
| Credit institutions | 430/8 | €10,637 | €18,781 | +€8,144 | +76.6% |
| Trade debts | 44 | €17,411 | €101,339 | +€83,928 | +482% |
| Suppliers | 440/4 | €17,411 | €101,339 | +€83,928 | +482% |
| Taxes, remuneration and social security | 45 | €35,416 | €34,242 | -€1,174 | -3.3% |
| Taxes | 450/3 | €35,416 | €34,242 | -€1,174 | -3.3% |
| Other amounts payable | 47/48 | €8,523 | €2,002 | -€6,521 | -76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,154 | €20,809 | -€3,346 | -13.9% |
| Other operating charges | 640/8 | €6,989 | €8,258 | +€1,269 | +18.2% |
| Non-recurring operating charges | 66A | €14,078 | - | -€14,078 | |
| Gross operating margin | 9900 | €87,240 | €54,834 | -€32,406 | -37.1% |
| Operating profit (loss) | 9901 | €42,019 | €25,768 | -€16,251 | -38.7% |
| Financial income | 75/76B | €7,318 | €5,972 | -€1,346 | -18.4% |
| Recurring financial income | 75 | €7,318 | €5,972 | -€1,346 | -18.4% |
| Financial charges | 65/66B | €11,610 | €14,577 | +€2,967 | +25.6% |
| Recurring financial charges | 65 | €11,610 | €14,577 | +€2,967 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | €37,726 | €17,162 | -€20,564 | -54.5% |
| Income taxes | 67/77 | €8,647 | €5,307 | -€3,340 | -38.6% |
| Profit (loss) for the period | 9904 | €29,079 | €11,855 | -€17,224 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,079 | €11,855 | -€17,224 | -59.2% |
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 16 October 2026 via checked.be.