AXIS 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.
What changed
AXIS TRAVEL
NACE 79.110, Travel agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,471
2024 · €11,335-€9,863
Equity
€168,605
2024 · €167,133+€1,471
Cash
€354,499
2024 · €356,052-€1,552
Balance sheet total
€912,256
2024 · €1.3m-€435,215
Largest movements
Assets
- Deferred charges and accrued income -€226,834
down €226,834 (-50.7%), from €447,454 to €220,620
- Stocks and contracts -€205,175
down €205,175 (-39.9%), from €514,853 to €309,678
Equity and liabilities
- Trade debts -€334,502
down €334,502 (-80.8%), from €413,937 to €79,436
- Advances received -€107,477
down €107,477 (-14.7%), from €732,822 to €625,344
Income statement
- Staff costs +€8,325
up €8,325 (+4.6%), from €179,492 to €187,817
- Gross operating margin -€2,174
down €2,174 (-1.1%), from €194,160 to €191,985
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
€11,335
Gross operating margin
-€2,174
Staff costs
-€8,325
Depreciation
+€784
Other operating charges
-€814
Financial income
+€1
Financial charges
-€429
Taxes
+€1,093
Result 2025
€1,471
raises the resultlowers 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
-€1,552
Investment
€0
Financing
€0
Cash 2024
€356,052
From operations (derived)
-€1,552
Net result for the year
+€1,471
Depreciation
+€546
Stocks and contracts
+€205,175
Receivables within one year
+€1,107
Deferred charges and accrued income
+€226,834
Trade debts
-€334,502
Tax, wage and social debts
-€3,164
Advances received
-€107,477
Other debts
+€837
Accrued charges and deferred income
+€7,620
Cash 2025
€354,499
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,347,471 | €912,256 | -€435,215 | -32.3% |
| Fixed assets | 21/28 | €5,533 | €4,988 | -€546 | -9.9% |
| Tangible fixed assets | 22/27 | €705 | €159 | -€546 | -77.4% |
| Plant, machinery and equipment | 23 | €705 | €159 | -€546 | -77.4% |
| Financial fixed assets | 28 | €4,828 | €4,828 | = | 0.0% |
| Current assets | 29/58 | €1,341,937 | €907,269 | -€434,669 | -32.4% |
| Stocks and contracts in progress | 3 | €514,853 | €309,678 | -€205,175 | -39.9% |
| Contracts in progress | 37 | €514,853 | €309,678 | -€205,175 | -39.9% |
| Amounts receivable within one year | 40/41 | €23,579 | €22,472 | -€1,107 | -4.7% |
| Other amounts receivable | 41 | €23,579 | €22,472 | -€1,107 | -4.7% |
| Cash at bank and in hand | 54/58 | €356,052 | €354,499 | -€1,552 | -0.4% |
| Deferred charges and accrued income | 490/1 | €447,454 | €220,620 | -€226,834 | -50.7% |
| Total equity and liabilities | 10/49 | €1,347,471 | €912,256 | -€435,215 | -32.3% |
| Equity | 10/15 | €167,133 | €168,605 | +€1,471 | +0.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €142,133 | €143,605 | +€1,471 | +1.0% |
| Distributable reserves | 133 | €142,133 | €143,605 | +€1,471 | +1.0% |
| Amounts payable | 17/49 | €1,180,337 | €743,652 | -€436,686 | -37.0% |
| Amounts payable within one year | 42/48 | €1,180,337 | €736,031 | -€444,306 | -37.6% |
| Trade debts | 44 | €413,937 | €79,436 | -€334,502 | -80.8% |
| Suppliers | 440/4 | €413,937 | €79,436 | -€334,502 | -80.8% |
| Advances received on contracts in progress | 46 | €732,822 | €625,344 | -€107,477 | -14.7% |
| Taxes, remuneration and social security | 45 | €28,279 | €25,115 | -€3,164 | -11.2% |
| Taxes | 450/3 | €1,133 | €1,473 | +€339 | +29.9% |
| Remuneration and social security | 454/9 | €27,146 | €23,642 | -€3,504 | -12.9% |
| Other amounts payable | 47/48 | €5,300 | €6,137 | +€837 | +15.8% |
| Accrued charges and deferred income | 492/3 | - | €7,620 | +€7,620 | |
| Remuneration, social security and pensions | 62 | €179,492 | €187,817 | +€8,325 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,330 | €546 | -€784 | -59.0% |
| Other operating charges | 640/8 | €966 | €1,780 | +€814 | +84.2% |
| Gross operating margin | 9900 | €194,160 | €191,985 | -€2,174 | -1.1% |
| Operating profit (loss) | 9901 | €12,372 | €1,843 | -€10,528 | -85.1% |
| Financial income | 75/76B | €924 | €926 | +€1 | +0.1% |
| Recurring financial income | 75 | €924 | €926 | +€1 | +0.1% |
| Financial charges | 65/66B | €596 | €1,025 | +€429 | +71.9% |
| Recurring financial charges | 65 | €596 | €1,025 | +€429 | +71.9% |
| Profit (loss) for the period before taxes | 9903 | €12,700 | €1,744 | -€10,956 | -86.3% |
| Income taxes | 67/77 | €1,365 | €273 | -€1,093 | -80.0% |
| Profit (loss) for the period | 9904 | €11,335 | €1,471 | -€9,863 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,335 | €1,471 | -€9,863 | -87.0% |
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 30 October 2026 via checked.be.