AMJ TRAVEL: what changed
AMJ TRAVEL
Largest movements
- Cash +€280,774
up €280,774 (+184%), from €152,648 to €433,421
mainly Trade debts (+€423,984) and Net result for the year (+€141,203)
- Deferred charges and accrued income +€191,970
up €191,970 (+60.6%), from €316,978 to €508,948
- Receivables within one year +€151,483
up €151,483 (+41.7%), from €363,419 to €514,902
of which Other amounts receivable: +€108,745
- Financial fixed assets -€87,075
down €87,075 (-98.8%), from €88,175 to €1,100
- Current investments +€65,000
new in 2025: €65,000
- Trade debts +€423,984
up €423,984 (+63.7%), from €665,496 to €1.1m
- Profit (loss) carried forward +€141,203
up €141,203 (+81.3%), from €173,658 to €314,861
- Short-term financial debts +€91,667
new in 2025: €91,667
- Other debts -€40,000
no longer reported in 2025 (was €40,000)
- Gross operating margin -€58,500
down €58,500 (-15.2%), from €384,985 to €326,485
- Taxes -€11,537
down €11,537 (-19.8%), from €58,186 to €46,649
- Staff costs +€8,781
up €8,781 (+7.8%), from €113,150 to €121,931
- Financial income +€8,255
up €8,255 (+1,742%), from €474 to €8,729
- Other operating charges -€6,530
down €6,530 (-90.2%), from €7,243 to €713
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 | €965,314 | €1,569,683 | +€604,370 | +62.6% |
| Fixed assets | 21/28 | €132,269 | €47,412 | -€84,857 | -64.2% |
| Tangible fixed assets | 22/27 | €44,094 | €46,312 | +€2,218 | +5.0% |
| Plant, machinery and equipment | 23 | €15,515 | €13,429 | -€2,086 | -13.4% |
| Furniture and vehicles | 24 | €28,579 | €32,883 | +€4,304 | +15.1% |
| Financial fixed assets | 28 | €88,175 | €1,100 | -€87,075 | -98.8% |
| Current assets | 29/58 | €833,044 | €1,522,271 | +€689,227 | +82.7% |
| Amounts receivable within one year | 40/41 | €363,419 | €514,902 | +€151,483 | +41.7% |
| Trade receivables | 40 | €354,767 | €397,505 | +€42,738 | +12.0% |
| Other amounts receivable | 41 | €8,652 | €117,397 | +€108,745 | +1,257% |
| Current investments | 50/53 | - | €65,000 | +€65,000 | |
| Cash at bank and in hand | 54/58 | €152,648 | €433,421 | +€280,774 | +184% |
| Deferred charges and accrued income | 490/1 | €316,978 | €508,948 | +€191,970 | +60.6% |
| Total equity and liabilities | 10/49 | €965,314 | €1,569,683 | +€604,370 | +62.6% |
| Equity | 10/15 | €177,658 | €318,861 | +€141,203 | +79.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,658 | €314,861 | +€141,203 | +81.3% |
| Amounts payable | 17/49 | €787,656 | €1,250,823 | +€463,167 | +58.8% |
| Amounts payable within one year | 42/48 | €732,519 | €1,197,903 | +€465,383 | +63.5% |
| Financial debts | 43 | - | €91,667 | +€91,667 | |
| Credit institutions | 430/8 | - | €91,667 | +€91,667 | |
| Trade debts | 44 | €665,496 | €1,089,480 | +€423,984 | +63.7% |
| Suppliers | 440/4 | €665,496 | €1,089,480 | +€423,984 | +63.7% |
| Taxes, remuneration and social security | 45 | €27,023 | €16,756 | -€10,267 | -38.0% |
| Taxes | 450/3 | €17,679 | - | -€17,679 | |
| Remuneration and social security | 454/9 | €9,345 | €16,756 | +€7,411 | +79.3% |
| Other amounts payable | 47/48 | €40,000 | - | -€40,000 | |
| Accrued charges and deferred income | 492/3 | €55,137 | €52,920 | -€2,217 | -4.0% |
| Remuneration, social security and pensions | 62 | €113,150 | €121,931 | +€8,781 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,329 | €10,938 | +€2,609 | +31.3% |
| Other operating charges | 640/8 | €7,243 | €713 | -€6,530 | -90.2% |
| Gross operating margin | 9900 | €384,985 | €326,485 | -€58,500 | -15.2% |
| Operating profit (loss) | 9901 | €256,263 | €192,902 | -€63,360 | -24.7% |
| Financial income | 75/76B | €474 | €8,729 | +€8,255 | +1,742% |
| Recurring financial income | 75 | €474 | €8,729 | +€8,255 | +1,742% |
| Financial charges | 65/66B | €13,283 | €13,779 | +€496 | +3.7% |
| Recurring financial charges | 65 | €13,283 | €13,779 | +€496 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €243,453 | €187,853 | -€55,600 | -22.8% |
| Income taxes | 67/77 | €58,186 | €46,649 | -€11,537 | -19.8% |
| Profit (loss) for the period | 9904 | €185,267 | €141,203 | -€44,064 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €185,267 | €141,203 | -€44,064 | -23.8% |
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 5 November 2026 via checked.be.