ACTION TRAVEL: 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.
ACTION TRAVEL
Largest movements
- Cash -€308,078
down €308,078 (-59.7%), from €515,860 to €207,783
mainly Advances received (-€210,740) and Deferred charges and accrued income (-€201,038)
- Deferred charges and accrued income +€201,038
up €201,038 (+15.9%), from €1.3m to €1.5m
- Tangible fixed assets -€46,041
down €46,041 (-6.2%), from €740,134 to €694,093
of which Land and buildings: -€39,832
- Advances received -€210,740
down €210,740 (-13.0%), from €1.6m to €1.4m
- Accrued charges and deferred income +€205,241
up €205,241 (+110%), from €186,935 to €392,176
- Trade debts -€65,908
down €65,908 (-15.3%), from €429,584 to €363,676
- Debts after one year -€41,731
down €41,731 (-14.0%), from €297,091 to €255,360
- Other debts -€38,548
down €38,548 (-55.1%), from €70,008 to €31,460
- Staff costs +€61,510
up €61,510 (+28.3%), from €217,561 to €279,071
- Gross operating margin -€9,765
down €9,765 (-2.3%), from €425,571 to €415,806
- Taxes -€8,927
down €8,927 (-28.0%), from €31,878 to €22,950
- Depreciation +€8,766
up €8,766 (+14.9%), from €58,900 to €67,666
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 | €3,132,291 | €3,000,764 | -€131,526 | -4.2% |
| Fixed assets | 21/28 | €741,151 | €700,201 | -€40,949 | -5.5% |
| Intangible fixed assets | 21 | - | €5,092 | +€5,092 | |
| Tangible fixed assets | 22/27 | €740,134 | €694,093 | -€46,041 | -6.2% |
| Land and buildings | 22 | €633,515 | €593,682 | -€39,832 | -6.3% |
| Furniture and vehicles | 24 | €106,619 | €100,411 | -€6,209 | -5.8% |
| Financial fixed assets | 28 | €1,017 | €1,017 | = | 0.0% |
| Current assets | 29/58 | €2,391,140 | €2,300,563 | -€90,577 | -3.8% |
| Amounts receivable within one year | 40/41 | €611,842 | €628,304 | +€16,462 | +2.7% |
| Trade receivables | 40 | €586,525 | €579,858 | -€6,667 | -1.1% |
| Other amounts receivable | 41 | €25,317 | €48,446 | +€23,129 | +91.4% |
| Cash at bank and in hand | 54/58 | €515,860 | €207,783 | -€308,078 | -59.7% |
| Deferred charges and accrued income | 490/1 | €1,263,438 | €1,464,477 | +€201,038 | +15.9% |
| Total equity and liabilities | 10/49 | €3,132,291 | €3,000,764 | -€131,526 | -4.2% |
| Equity | 10/15 | €448,344 | €465,541 | +€17,198 | +3.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €207,600 | €203,550 | -€4,050 | -2.0% |
| Reserves | 13 | €178,770 | €200,018 | +€21,248 | +11.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €172,573 | €193,821 | +€21,248 | +12.3% |
| Amounts payable | 17/49 | €2,683,947 | €2,535,223 | -€148,724 | -5.5% |
| Amounts payable after more than one year | 17 | €297,091 | €255,360 | -€41,731 | -14.0% |
| Financial debts | 170/4 | €297,091 | €255,360 | -€41,731 | -14.0% |
| Amounts payable within one year | 42/48 | €2,199,921 | €1,887,688 | -€312,234 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €40,269 | €41,731 | +€1,462 | +3.6% |
| Trade debts | 44 | €429,584 | €363,676 | -€65,908 | -15.3% |
| Suppliers | 440/4 | €429,584 | €363,676 | -€65,908 | -15.3% |
| Advances received on contracts in progress | 46 | €1,627,317 | €1,416,576 | -€210,740 | -13.0% |
| Taxes, remuneration and social security | 45 | €32,744 | €34,244 | +€1,500 | +4.6% |
| Taxes | 450/3 | €7,618 | €2,785 | -€4,833 | -63.4% |
| Remuneration and social security | 454/9 | €25,126 | €31,459 | +€6,333 | +25.2% |
| Other amounts payable | 47/48 | €70,008 | €31,460 | -€38,548 | -55.1% |
| Accrued charges and deferred income | 492/3 | €186,935 | €392,176 | +€205,241 | +110% |
| Non-recurring operating income | 76A | €9,091 | - | -€9,091 | |
| Remuneration, social security and pensions | 62 | €217,561 | €279,071 | +€61,510 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,900 | €67,666 | +€8,766 | +14.9% |
| Other operating charges | 640/8 | €2,383 | €2,457 | +€73 | +3.1% |
| Gross operating margin | 9900 | €425,571 | €415,806 | -€9,765 | -2.3% |
| Operating profit (loss) | 9901 | €146,727 | €66,613 | -€80,114 | -54.6% |
| Financial income | 75/76B | €1,268 | €106 | -€1,162 | -91.7% |
| Recurring financial income | 75 | €1,268 | €106 | -€1,162 | -91.7% |
| Financial charges | 65/66B | €26,639 | €26,571 | -€69 | -0.3% |
| Recurring financial charges | 65 | €26,639 | €26,571 | -€69 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €121,355 | €40,148 | -€81,207 | -66.9% |
| Income taxes | 67/77 | €31,878 | €22,950 | -€8,927 | -28.0% |
| Profit (loss) for the period | 9904 | €89,478 | €17,198 | -€72,280 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €89,478 | €17,198 | -€72,280 | -80.8% |
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 22 October 2026 via checked.be.