Aviasales: 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.
What changed
Aviasales
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€75,617
2024 · €49,836+€25,781
Equity
€2.2m
2024 · €2.2m+€75,617
Cash
€17,680
2024 · €30,799-€13,119
Balance sheet total
€2.4m
2024 · €2.4m-€277
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€75,617
up €75,617 (+3.7%), from €2.0m to €2.1m
Income statement
- Financial income +€12,688
up €12,688 (+54.7%), from €23,193 to €35,881
- Gross operating margin +€10,242
up €10,242 (+32.4%), from €31,565 to €41,808
- Other operating charges -€1,552
down €1,552 (-57.2%), from €2,715 to €1,163
- Financial charges -€1,300
down €1,300 (-58.9%), from €2,208 to €908
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.
Result 2024
€49,836
Gross operating margin
+€10,242
Other operating charges
+€1,552
Financial income
+€12,688
Financial charges
+€1,300
Result 2025
€75,617
raises the result
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.
From operations
+€67,366
Investment
-€26,706
Financing
-€53,779
Cash 2024
€30,799
From operations (derived)
+€67,366
Net result for the year
+€75,617
Receivables within one year
+€12,153
Deferred charges and accrued income
+€1,710
Trade debts
-€175
Other debts
-€23,089
Accrued charges and deferred income
+€1,148
Investment (derived)
-€26,706
Investment in fixed assets (net)
-€3,419
Current investments
-€23,287
Financing
-€53,779
Debts after one year
-€17,061
Current portion of long-term debt
-€18,343
Short-term financial debts
-€18,376
Cash 2025
€17,680
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,396,928 | €2,396,651 | -€277 | 0.0% |
| Fixed assets | 21/28 | €1,369,696 | €1,373,114 | +€3,419 | +0.2% |
| Financial fixed assets | 28 | €1,369,696 | €1,373,114 | +€3,419 | +0.2% |
| Current assets | 29/58 | €1,027,233 | €1,023,537 | -€3,696 | -0.4% |
| Amounts receivable within one year | 40/41 | €431,818 | €419,664 | -€12,153 | -2.8% |
| Trade receivables | 40 | €100,618 | €81,652 | -€18,966 | -18.8% |
| Other amounts receivable | 41 | €331,199 | €338,012 | +€6,813 | +2.1% |
| Current investments | 50/53 | €561,749 | €585,036 | +€23,287 | +4.1% |
| Cash at bank and in hand | 54/58 | €30,799 | €17,680 | -€13,119 | -42.6% |
| Deferred charges and accrued income | 490/1 | €2,867 | €1,156 | -€1,710 | -59.7% |
| Total equity and liabilities | 10/49 | €2,396,928 | €2,396,651 | -€277 | 0.0% |
| Equity | 10/15 | €2,160,432 | €2,236,049 | +€75,617 | +3.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €76,234 | €76,234 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,521 | €4,521 | = | 0.0% |
| Distributable reserves | 133 | €65,513 | €65,513 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,022,198 | €2,097,815 | +€75,617 | +3.7% |
| Amounts payable | 17/49 | €236,497 | €160,602 | -€75,894 | -32.1% |
| Amounts payable after more than one year | 17 | €17,061 | - | -€17,061 | |
| Financial debts | 170/4 | €17,061 | - | -€17,061 | |
| Amounts payable within one year | 42/48 | €219,436 | €159,454 | -€59,982 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €18,343 | - | -€18,343 | |
| Financial debts | 43 | €18,376 | - | -€18,376 | |
| Credit institutions | 430/8 | €18,376 | - | -€18,376 | |
| Trade debts | 44 | €2,593 | €2,418 | -€175 | -6.7% |
| Suppliers | 440/4 | €2,593 | €2,418 | -€175 | -6.7% |
| Taxes, remuneration and social security | 45 | €300 | €300 | = | 0.0% |
| Taxes | 450/3 | €300 | €300 | = | 0.0% |
| Other amounts payable | 47/48 | €179,825 | €156,736 | -€23,089 | -12.8% |
| Accrued charges and deferred income | 492/3 | - | €1,148 | +€1,148 | |
| Non-recurring operating income | 76A | - | €1,651 | +€1,651 | |
| Other operating charges | 640/8 | €2,715 | €1,163 | -€1,552 | -57.2% |
| Gross operating margin | 9900 | €31,565 | €41,808 | +€10,242 | +32.4% |
| Operating profit (loss) | 9901 | €28,850 | €40,644 | +€11,794 | +40.9% |
| Financial income | 75/76B | €23,193 | €35,881 | +€12,688 | +54.7% |
| Recurring financial income | 75 | €23,193 | €35,881 | +€12,688 | +54.7% |
| Financial charges | 65/66B | €2,208 | €908 | -€1,300 | -58.9% |
| Recurring financial charges | 65 | €2,208 | €908 | -€1,300 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €49,836 | €75,617 | +€25,781 | +51.7% |
| Profit (loss) for the period | 9904 | €49,836 | €75,617 | +€25,781 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,836 | €75,617 | +€25,781 | +51.7% |
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 1 November 2026 via checked.be.