Adventure-Line: what changed
What changed
Adventure-Line
NACE 49.320, Non-scheduled passenger transport by road
filed annual accounts (NBB)
Net result for the year
€26,251
2024 · -€21,584+€47,836
Equity
€103,679
2024 · €77,427+€26,251
Cash
€15,801
2024 · €28,804-€13,003
Balance sheet total
€601,749
2024 · €643,346-€41,597
Largest movements
Assets
- Tangible fixed assets -€60,037
down €60,037 (-13.9%), from €431,551 to €371,514
of which Furniture and vehicles: -€48,650
- Receivables within one year +€33,905
up €33,905 (+18.9%), from €179,795 to €213,700
of which Trade receivables: +€31,767
- Cash -€13,003
down €13,003 (-45.1%), from €28,804 to €15,801
mainly Debts after one year (-€89,972) and Investment in fixed assets (net) (-€35,867)
Equity and liabilities
- Debts after one year -€89,972
down €89,972 (-83.8%), from €107,372 to €17,399
- Trade debts +€50,480
up €50,480 (+58.8%), from €85,799 to €136,279
- Advances received -€34,875
down €34,875 (-93.8%), from €37,195 to €2,320
- Short-term financial debts +€33,845
up €33,845 (+135%), from €25,155 to €59,000
of which Credit institutions: +€33,845
- Profit (loss) carried forward +€26,251
up €26,251 (+80.6%), from -€32,573 to -€6,321
Income statement
- Gross operating margin +€64,706
up €64,706 (+17.7%), from €366,181 to €430,887
- Turnover +€33,371
up €33,371 (+3.3%), from €1.0m to €1.0m
- Purchases and services +€31,459
up €31,459 (+4.7%), from €674,628 to €706,087
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.
Result 2024
-€21,584
Gross operating margin
+€64,706
Staff costs
-€2,009
Depreciation
-€2,814
Other operating charges
-€2,634
Financial income
+€9
Financial charges
-€9,424
Result 2025
€26,251
raises the resultlowers the result
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.
From operations
+€92,183
Investment
-€35,867
Financing
-€69,318
Cash 2024
€28,804
From operations (derived)
+€92,183
Net result for the year
+€26,251
Depreciation
+€95,904
Receivables within one year
-€33,905
Deferred charges and accrued income
+€2,462
Trade debts
+€50,480
Tax, wage and social debts
-€1,721
Advances received
-€34,875
Other debts
+€1,611
Accrued charges and deferred income
-€14,025
Investment (derived)
-€35,867
Investment in fixed assets (net)
-€35,867
Financing
-€69,318
Debts after one year
-€89,972
Current portion of long-term debt
-€13,191
Short-term financial debts
+€33,845
Cash 2025
€15,801
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €643,346 | €601,749 | -€41,597 | -6.5% |
| Fixed assets | 21/28 | €431,581 | €371,544 | -€60,037 | -13.9% |
| Tangible fixed assets | 22/27 | €431,551 | €371,514 | -€60,037 | -13.9% |
| Land and buildings | 22 | €106,626 | €96,779 | -€9,847 | -9.2% |
| Plant, machinery and equipment | 23 | €6,764 | €5,223 | -€1,541 | -22.8% |
| Furniture and vehicles | 24 | €318,161 | €269,511 | -€48,650 | -15.3% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €211,766 | €230,205 | +€18,440 | +8.7% |
| Amounts receivable within one year | 40/41 | €179,795 | €213,700 | +€33,905 | +18.9% |
| Trade receivables | 40 | €135,120 | €166,888 | +€31,767 | +23.5% |
| Other amounts receivable | 41 | €44,675 | €46,812 | +€2,137 | +4.8% |
| Cash at bank and in hand | 54/58 | €28,804 | €15,801 | -€13,003 | -45.1% |
| Deferred charges and accrued income | 490/1 | €3,167 | €704 | -€2,462 | -77.8% |
| Total equity and liabilities | 10/49 | €643,346 | €601,749 | -€41,597 | -6.5% |
| Equity | 10/15 | €77,427 | €103,679 | +€26,251 | +33.9% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,573 | -€6,321 | +€26,251 | +80.6% |
| Amounts payable | 17/49 | €565,919 | €498,070 | -€67,849 | -12.0% |
| Amounts payable after more than one year | 17 | €107,372 | €17,399 | -€89,972 | -83.8% |
| Financial debts | 170/4 | €107,372 | €17,399 | -€89,972 | -83.8% |
| Amounts payable within one year | 42/48 | €444,522 | €480,671 | +€36,149 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €75,573 | €62,381 | -€13,191 | -17.5% |
| Financial debts | 43 | €25,155 | €59,000 | +€33,845 | +135% |
| Credit institutions | 430/8 | €1,155 | €35,000 | +€33,845 | +2,930% |
| Other loans | 439 | €24,000 | €24,000 | = | 0.0% |
| Trade debts | 44 | €85,799 | €136,279 | +€50,480 | +58.8% |
| Suppliers | 440/4 | €85,799 | €136,279 | +€50,480 | +58.8% |
| Advances received on contracts in progress | 46 | €37,195 | €2,320 | -€34,875 | -93.8% |
| Taxes, remuneration and social security | 45 | €49,829 | €48,108 | -€1,721 | -3.5% |
| Taxes | 450/3 | €19,912 | €18,233 | -€1,679 | -8.4% |
| Remuneration and social security | 454/9 | €29,916 | €29,875 | -€41 | -0.1% |
| Other amounts payable | 47/48 | €170,972 | €172,583 | +€1,611 | +0.9% |
| Accrued charges and deferred income | 492/3 | €14,025 | - | -€14,025 | |
| Turnover | 70 | €1,013,044 | €1,046,415 | +€33,371 | +3.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €674,628 | €706,087 | +€31,459 | +4.7% |
| Remuneration, social security and pensions | 62 | €281,083 | €283,092 | +€2,009 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,090 | €95,904 | +€2,814 | +3.0% |
| Other operating charges | 640/8 | €6,530 | €9,164 | +€2,634 | +40.3% |
| Gross operating margin | 9900 | €366,181 | €430,887 | +€64,706 | +17.7% |
| Operating profit (loss) | 9901 | -€14,522 | €42,728 | +€57,250 | |
| Financial income | 75/76B | €4 | €13 | +€9 | +264% |
| Recurring financial income | 75 | €4 | €13 | +€9 | +264% |
| Financial charges | 65/66B | €7,066 | €16,489 | +€9,424 | +133% |
| Recurring financial charges | 65 | €7,066 | €6,717 | -€348 | -4.9% |
| Non-recurring financial charges | 66B | - | €9,772 | +€9,772 | |
| Profit (loss) for the period before taxes | 9903 | -€21,584 | €26,251 | +€47,836 | |
| Profit (loss) for the period | 9904 | -€21,584 | €26,251 | +€47,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,584 | €26,251 | +€47,836 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.