ACLI TRAVEL & PROJECTS: 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.
ACLI TRAVEL & PROJECTS
Largest movements
- Deferred charges and accrued income -€100,738
down €100,738 (-92.7%), from €108,689 to €7,951
- Receivables within one year -€42,475
down €42,475 (-87.0%), from €48,809 to €6,334
of which Trade receivables: -€30,109
- Trade debts -€68,937
down €68,937 (-95.3%), from €72,316 to €3,379
- Accrued charges and deferred income -€58,265
down €58,265 (-93.6%), from €62,246 to €3,981
- Advances received -€30,918
no longer reported in 2025 (was €30,918)
- Reserves +€5,000
up €5,000 (+6.5%), from €76,771 to €81,771
- Tax, wage and social debts +€4,311
up €4,311 (+175%), from €2,468 to €6,779
- Gross operating margin -€36,992
down €36,992 (-72.5%), from €51,047 to €14,055
- Taxes -€11,963
down €11,963 (-79.3%), from €15,082 to €3,118
- Financial charges -€3,755
down €3,755 (-88.7%), from €4,235 to €480
- Depreciation +€2,342
up €2,342 (+101%), from €2,308 to €4,650
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 | €296,442 | €149,767 | -€146,675 | -49.5% |
| Fixed assets | 21/28 | €6,282 | €3,160 | -€3,121 | -49.7% |
| Tangible fixed assets | 22/27 | €5,582 | €2,860 | -€2,721 | -48.8% |
| Plant, machinery and equipment | 23 | €3,425 | €597 | -€2,829 | -82.6% |
| Furniture and vehicles | 24 | €2,156 | €2,264 | +€107 | +5.0% |
| Financial fixed assets | 28 | €700 | €300 | -€400 | -57.1% |
| Current assets | 29/58 | €290,160 | €146,606 | -€143,554 | -49.5% |
| Stocks and contracts in progress | 3 | €600 | €300 | -€300 | -50.0% |
| Stocks | 30/36 | €600 | €300 | -€300 | -50.0% |
| Amounts receivable within one year | 40/41 | €48,809 | €6,334 | -€42,475 | -87.0% |
| Trade receivables | 40 | €36,443 | €6,334 | -€30,109 | -82.6% |
| Other amounts receivable | 41 | €12,367 | - | -€12,367 | |
| Cash at bank and in hand | 54/58 | €132,062 | €132,022 | -€40 | 0.0% |
| Deferred charges and accrued income | 490/1 | €108,689 | €7,951 | -€100,738 | -92.7% |
| Total equity and liabilities | 10/49 | €296,442 | €149,767 | -€146,675 | -49.5% |
| Equity | 10/15 | €124,738 | €130,699 | +€5,962 | +4.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €76,771 | €81,771 | +€5,000 | +6.5% |
| Distributable reserves | 133 | €76,771 | €81,771 | +€5,000 | +6.5% |
| Profit (loss) carried forward | 14 | €22,967 | €23,928 | +€962 | +4.2% |
| Amounts payable | 17/49 | €171,704 | €19,067 | -€152,637 | -88.9% |
| Amounts payable within one year | 42/48 | €109,458 | €15,086 | -€94,372 | -86.2% |
| Trade debts | 44 | €72,316 | €3,379 | -€68,937 | -95.3% |
| Suppliers | 440/4 | €72,316 | €3,379 | -€68,937 | -95.3% |
| Advances received on contracts in progress | 46 | €30,918 | - | -€30,918 | |
| Taxes, remuneration and social security | 45 | €2,468 | €6,779 | +€4,311 | +175% |
| Taxes | 450/3 | €2,468 | €6,779 | +€4,311 | +175% |
| Other amounts payable | 47/48 | €3,757 | €4,928 | +€1,171 | +31.2% |
| Accrued charges and deferred income | 492/3 | €62,246 | €3,981 | -€58,265 | -93.6% |
| Non-recurring operating income | 76A | €6,000 | €81 | -€5,919 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,308 | €4,650 | +€2,342 | +101% |
| Other operating charges | 640/8 | €571 | €665 | +€93 | +16.3% |
| Gross operating margin | 9900 | €51,047 | €14,055 | -€36,992 | -72.5% |
| Operating profit (loss) | 9901 | €48,168 | €8,741 | -€39,427 | -81.9% |
| Financial income | 75/76B | €1,027 | €820 | -€207 | -20.2% |
| Recurring financial income | 75 | €1,027 | €820 | -€207 | -20.2% |
| Financial charges | 65/66B | €4,235 | €480 | -€3,755 | -88.7% |
| Recurring financial charges | 65 | €4,235 | €480 | -€3,755 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €44,960 | €9,080 | -€35,880 | -79.8% |
| Income taxes | 67/77 | €15,082 | €3,118 | -€11,963 | -79.3% |
| Profit (loss) for the period | 9904 | €29,879 | €5,962 | -€23,917 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,879 | €5,962 | -€23,917 | -80.0% |
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 26 October 2026 via checked.be.