FLYANO: what changed
FLYANO
Largest movements
- Receivables after one year -€200,118
down €200,118 (-100%), from €200,118 to €0
- Receivables within one year +€152,975
up €152,975 (+345%), from €44,284 to €197,259
of which Other amounts receivable: +€140,977
- Stocks and contracts +€44,500
up €44,500 (+175%), from €25,500 to €70,000
- Cash +€11,288
up €11,288 (+7.2%), from €157,069 to €168,357
mainly Net result for the year (+€220,196) and Receivables after one year (+€200,118)
- Tangible fixed assets +€6,763
up €6,763 (+29.0%), from €23,289 to €30,052
of which Furniture and vehicles: +€13,601
- Debts after one year -€50,950
down €50,950 (-78.8%), from €64,622 to €13,672
- Trade debts +€49,527
up €49,527 (+152%), from €32,483 to €82,011
- Other debts +€32,293
up €32,293 (+15.6%), from €206,930 to €239,223
- Reserves -€19,026
down €19,026 (-48.5%), from €39,223 to €20,196
- Tax, wage and social debts +€12,057
up €12,057 (+51.3%), from €23,511 to €35,568
- Gross operating margin +€165,776
up €165,776 (+69.7%), from €237,815 to €403,591
- Taxes +€35,860
up €35,860 (+66.3%), from €54,110 to €89,970
- Write-downs +€21,495
up €21,495, from -€2,712 to €18,783
- Staff costs +€16,255
up €16,255 (+171%), from €9,525 to €25,780
- Financial income -€9,016
down €9,016 (-95.1%), from €9,481 to €465
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 | €458,587 | €475,077 | +€16,490 | +3.6% |
| Fixed assets | 21/28 | €23,717 | €30,480 | +€6,763 | +28.5% |
| Tangible fixed assets | 22/27 | €23,289 | €30,052 | +€6,763 | +29.0% |
| Plant, machinery and equipment | 23 | €1,234 | €500 | -€733 | -59.4% |
| Furniture and vehicles | 24 | €4,769 | €18,370 | +€13,601 | +285% |
| Leasing and similar rights | 25 | €17,286 | €7,381 | -€9,905 | -57.3% |
| Other tangible fixed assets | 26 | - | €3,800 | +€3,800 | |
| Financial fixed assets | 28 | €428 | €428 | = | 0.0% |
| Current assets | 29/58 | €434,871 | €444,597 | +€9,727 | +2.2% |
| Amounts receivable after more than one year | 29 | €200,118 | €0 | -€200,118 | -100% |
| Other amounts receivable | 291 | €200,118 | €0 | -€200,118 | -100% |
| Stocks and contracts in progress | 3 | €25,500 | €70,000 | +€44,500 | +175% |
| Stocks | 30/36 | €25,500 | €70,000 | +€44,500 | +175% |
| Amounts receivable within one year | 40/41 | €44,284 | €197,259 | +€152,975 | +345% |
| Trade receivables | 40 | €43,904 | €55,902 | +€11,998 | +27.3% |
| Other amounts receivable | 41 | €381 | €141,357 | +€140,977 | +37,035% |
| Cash at bank and in hand | 54/58 | €157,069 | €168,357 | +€11,288 | +7.2% |
| Deferred charges and accrued income | 490/1 | €7,899 | €8,981 | +€1,082 | +13.7% |
| Total equity and liabilities | 10/49 | €458,587 | €475,077 | +€16,490 | +3.6% |
| Equity | 10/15 | €39,323 | €20,296 | -€19,026 | -48.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €39,223 | €20,196 | -€19,026 | -48.5% |
| Distributable reserves | 133 | €39,223 | €20,196 | -€19,026 | -48.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €419,265 | €454,781 | +€35,516 | +8.5% |
| Amounts payable after more than one year | 17 | €64,622 | €13,672 | -€50,950 | -78.8% |
| Financial debts | 170/4 | €64,622 | €13,672 | -€50,950 | -78.8% |
| Amounts payable within one year | 42/48 | €354,643 | €439,608 | +€84,966 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €91,719 | €82,807 | -€8,912 | -9.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €32,483 | €82,011 | +€49,527 | +152% |
| Suppliers | 440/4 | €32,483 | €82,011 | +€49,527 | +152% |
| Taxes, remuneration and social security | 45 | €23,511 | €35,568 | +€12,057 | +51.3% |
| Taxes | 450/3 | €23,511 | €35,568 | +€12,057 | +51.3% |
| Other amounts payable | 47/48 | €206,930 | €239,223 | +€32,293 | +15.6% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €9,525 | €25,780 | +€16,255 | +171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,375 | €16,835 | +€1,460 | +9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,712 | €18,783 | +€21,495 | |
| Other operating charges | 640/8 | €11,482 | €16,043 | +€4,562 | +39.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €237,815 | €403,591 | +€165,776 | +69.7% |
| Operating profit (loss) | 9901 | €204,145 | €326,150 | +€122,005 | +59.8% |
| Financial income | 75/76B | €9,481 | €465 | -€9,016 | -95.1% |
| Recurring financial income | 75 | €9,481 | €465 | -€9,016 | -95.1% |
| Financial charges | 65/66B | €14,242 | €16,449 | +€2,207 | +15.5% |
| Recurring financial charges | 65 | €14,242 | €16,449 | +€2,207 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €199,384 | €310,166 | +€110,782 | +55.6% |
| Income taxes | 67/77 | €54,110 | €89,970 | +€35,860 | +66.3% |
| Profit (loss) for the period | 9904 | €145,275 | €220,196 | +€74,922 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €145,275 | €220,196 | +€74,922 | +51.6% |
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.