50 Trips: 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.
50 Trips
Largest movements
- Cash -€112,351
down €112,351 (-66.8%), from €168,222 to €55,871
mainly Receivables within one year (-€66,678) and Contributions, distributions and other (-€50,699)
- Receivables within one year +€66,678
up €66,678 (+392.0%), from €17,009 to €83,687
of which Other amounts receivable: +€66,229
- Current investments +€37,716
up €37,716 (+23.4%), from €160,992 to €198,708
- Debts after one year -€9,784
down €9,784 (-27.1%), from €36,045 to €26,261
- Financial income +€13,669
up €13,669 (+116.9%), from €11,697 to €25,366
- Turnover -€10,009
down €10,009 (-14.2%), from €70,384 to €60,375
- Gross operating margin -€10,009
down €10,009 (-14.2%), from €70,384 to €60,375
- Other operating charges -€5,343
down €5,343 (-85.7%), from €6,237 to €894
- Depreciation +€5,033
up €5,033 (+60.9%), from €8,259 to €13,292
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.
Cash bridge derived
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 | €413,668 | €401,718 | -€11,950 | -2.9% |
| Fixed assets | 21/28 | €67,445 | €63,452 | -€3,992 | -5.9% |
| Tangible fixed assets | 22/27 | €67,445 | €63,452 | -€3,992 | -5.9% |
| Furniture and vehicles | 24 | €55,344 | €43,898 | -€11,445 | -20.7% |
| Other tangible fixed assets | 26 | €12,101 | €19,554 | +€7,453 | +61.6% |
| Current assets | 29/58 | €346,223 | €338,266 | -€7,957 | -2.3% |
| Amounts receivable within one year | 40/41 | €17,009 | €83,687 | +€66,678 | +392.0% |
| Trade receivables | 40 | €16,919 | €17,368 | +€449 | +2.7% |
| Other amounts receivable | 41 | €90 | €66,319 | +€66,229 | +73842.0% |
| Current investments | 50/53 | €160,992 | €198,708 | +€37,716 | +23.4% |
| Cash at bank and in hand | 54/58 | €168,222 | €55,871 | -€112,351 | -66.8% |
| Total equity and liabilities | 10/49 | €413,668 | €401,718 | -€11,950 | -2.9% |
| Equity | 10/15 | €356,966 | €355,068 | -€1,898 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €299,566 | €297,668 | -€1,898 | -0.6% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €297,711 | €295,813 | -€1,898 | -0.6% |
| Profit (loss) carried forward | 14 | €51,200 | €51,200 | = | 0.0% |
| Amounts payable | 17/49 | €56,702 | €46,651 | -€10,051 | -17.7% |
| Amounts payable after more than one year | 17 | €36,045 | €26,261 | -€9,784 | -27.1% |
| Financial debts | 170/4 | €36,045 | €26,261 | -€9,784 | -27.1% |
| Amounts payable within one year | 42/48 | €20,657 | €20,390 | -€267 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €9,397 | €9,784 | +€387 | +4.1% |
| Trade debts | 44 | €3,192 | €6,259 | +€3,067 | +96.1% |
| Suppliers | 440/4 | €3,192 | €6,259 | +€3,067 | +96.1% |
| Taxes, remuneration and social security | 45 | €8,068 | €4,347 | -€3,721 | -46.1% |
| Taxes | 450/3 | €8,068 | €4,347 | -€3,721 | -46.1% |
| Turnover | 70 | €70,384 | €60,375 | -€10,009 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,259 | €13,292 | +€5,033 | +60.9% |
| Other operating charges | 640/8 | €6,237 | €894 | -€5,343 | -85.7% |
| Gross operating margin | 9900 | €70,384 | €60,375 | -€10,009 | -14.2% |
| Operating profit (loss) | 9901 | €55,888 | €46,189 | -€9,699 | -17.4% |
| Financial income | 75/76B | €11,697 | €25,366 | +€13,669 | +116.9% |
| Recurring financial income | 75 | €11,697 | €25,366 | +€13,669 | +116.9% |
| Financial charges | 65/66B | €1,353 | €3,782 | +€2,429 | +179.6% |
| Recurring financial charges | 65 | €1,353 | €3,782 | +€2,429 | +179.6% |
| Profit (loss) for the period before taxes | 9903 | €66,233 | €67,774 | +€1,541 | +2.3% |
| Income taxes | 67/77 | €18,433 | €18,973 | +€540 | +2.9% |
| Profit (loss) for the period | 9904 | €47,800 | €48,801 | +€1,001 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,800 | €48,801 | +€1,001 | +2.1% |
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 10 October 2026 via checked.be.