DEL - TOUR: what changed
What changed
DEL - TOUR
NACE 79.110, Travel agency activities
filed annual accounts (NBB)
Net result for the year
€351,906
2024 · €373,439-€21,534
Equity
€1.0m
2024 · €923,994+€79,906
Cash
€1.7m
2024 · €1.9m-€167,340
Balance sheet total
€3.8m
2024 · €3.3m+€434,211
Largest movements
Assets
- Current investments +€550,000
new in 2025: €550,000
- Cash -€167,340
down €167,340 (-9.0%), from €1.9m to €1.7m
mainly Current investments (-€550,000) and Contributions, distributions and other (-€272,000)
- Deferred charges and accrued income +€163,056
up €163,056 (+31.4%), from €519,135 to €682,191
- Receivables within one year -€73,112
down €73,112 (-11.1%), from €661,603 to €588,490
of which Trade receivables: -€67,859
Equity and liabilities
- Other debts +€193,552
up €193,552 (+247%), from €78,448 to €272,000
- Trade debts +€146,303
up €146,303 (+139%), from €105,282 to €251,584
- Reserves +€80,000
up €80,000 (+16.2%), from €493,378 to €573,378
of which Distributable reserves: +€80,000
- Accrued charges and deferred income +€71,617
up €71,617 (+34.2%), from €209,695 to €281,312
- Advances received -€66,096
down €66,096 (-3.4%), from €2.0m to €1.9m
Income statement
- Turnover +€255,309
up €255,309 (+3.4%), from €7.5m to €7.7m
- Purchases and services +€233,305
up €233,305 (+3.7%), from €6.4m to €6.6m
- Staff costs +€90,704
up €90,704 (+16.0%), from €566,381 to €657,085
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
€373,439
Gross operating margin
+€25,890
Staff costs
-€90,704
Depreciation
-€1,348
Other operating charges
-€894
Financial income
+€37,735
Financial charges
+€3,226
Taxes
+€4,561
Result 2025
€351,906
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
+€657,916
Investment
-€553,255
Financing
-€272,000
Cash 2024
€1.9m
From operations (derived)
+€657,916
Net result for the year
+€351,906
Depreciation
+€41,649
Receivables within one year
+€73,112
Deferred charges and accrued income
-€163,056
Trade debts
+€146,303
Tax, wage and social debts
+€8,929
Advances received
-€66,096
Other debts
+€193,552
Accrued charges and deferred income
+€71,617
Investment (derived)
-€553,255
Investment in fixed assets (net)
-€3,255
Current investments
-€550,000
Financing
-€272,000
Contributions, distributions and other
-€272,000
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,332,246 | €3,766,457 | +€434,211 | +13.0% |
| Fixed assets | 21/28 | €296,808 | €258,415 | -€38,393 | -12.9% |
| Intangible fixed assets | 21 | €89,304 | €65,978 | -€23,326 | -26.1% |
| Tangible fixed assets | 22/27 | €172,658 | €161,291 | -€11,367 | -6.6% |
| Land and buildings | 22 | €147,613 | €134,361 | -€13,251 | -9.0% |
| Plant, machinery and equipment | 23 | €23,846 | €26,692 | +€2,846 | +11.9% |
| Furniture and vehicles | 24 | €1,200 | €237 | -€962 | -80.2% |
| Financial fixed assets | 28 | €34,846 | €31,146 | -€3,700 | -10.6% |
| Current assets | 29/58 | €3,035,438 | €3,508,042 | +€472,604 | +15.6% |
| Amounts receivable within one year | 40/41 | €661,603 | €588,490 | -€73,112 | -11.1% |
| Trade receivables | 40 | €653,575 | €585,716 | -€67,859 | -10.4% |
| Other amounts receivable | 41 | €8,028 | €2,774 | -€5,254 | -65.4% |
| Current investments | 50/53 | - | €550,000 | +€550,000 | |
| Cash at bank and in hand | 54/58 | €1,854,700 | €1,687,360 | -€167,340 | -9.0% |
| Deferred charges and accrued income | 490/1 | €519,135 | €682,191 | +€163,056 | +31.4% |
| Total equity and liabilities | 10/49 | €3,332,246 | €3,766,457 | +€434,211 | +13.0% |
| Equity | 10/15 | €923,994 | €1,003,900 | +€79,906 | +8.6% |
| Contributions | 10/11 | €195,000 | €195,000 | = | 0.0% |
| Capital | 10 | €195,000 | €195,000 | = | 0.0% |
| Issued capital | 100 | €195,000 | €195,000 | = | 0.0% |
| Revaluation surpluses | 12 | €235,132 | €235,132 | = | 0.0% |
| Reserves | 13 | €493,378 | €573,378 | +€80,000 | +16.2% |
| Non-distributable reserves | 130/1 | €21,251 | €21,251 | = | 0.0% |
| Legal reserve | 130 | €19,500 | €19,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,751 | €1,751 | = | 0.0% |
| Tax-exempt reserves | 132 | €127 | €127 | = | 0.0% |
| Distributable reserves | 133 | €472,000 | €552,000 | +€80,000 | +16.9% |
| Profit (loss) carried forward | 14 | €485 | €391 | -€94 | -19.4% |
| Amounts payable | 17/49 | €2,408,252 | €2,762,556 | +€354,305 | +14.7% |
| Amounts payable within one year | 42/48 | €2,198,556 | €2,481,245 | +€282,688 | +12.9% |
| Trade debts | 44 | €105,282 | €251,584 | +€146,303 | +139% |
| Suppliers | 440/4 | €105,282 | €251,584 | +€146,303 | +139% |
| Advances received on contracts in progress | 46 | €1,952,023 | €1,885,927 | -€66,096 | -3.4% |
| Taxes, remuneration and social security | 45 | €62,804 | €71,733 | +€8,929 | +14.2% |
| Taxes | 450/3 | - | €1,364 | +€1,364 | |
| Remuneration and social security | 454/9 | €62,804 | €70,369 | +€7,565 | +12.0% |
| Other amounts payable | 47/48 | €78,448 | €272,000 | +€193,552 | +247% |
| Accrued charges and deferred income | 492/3 | €209,695 | €281,312 | +€71,617 | +34.2% |
| Turnover | 70 | €7,487,426 | €7,742,735 | +€255,309 | +3.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,365,219 | €6,598,524 | +€233,305 | +3.7% |
| Remuneration, social security and pensions | 62 | €566,381 | €657,085 | +€90,704 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,301 | €41,649 | +€1,348 | +3.3% |
| Other operating charges | 640/8 | €2,262 | €3,157 | +€894 | +39.5% |
| Gross operating margin | 9900 | €1,140,105 | €1,165,995 | +€25,890 | +2.3% |
| Operating profit (loss) | 9901 | €531,161 | €464,105 | -€67,056 | -12.6% |
| Financial income | 75/76B | €7,053 | €44,788 | +€37,735 | +535% |
| Recurring financial income | 75 | €7,053 | €44,788 | +€37,735 | +535% |
| Financial charges | 65/66B | €34,460 | €31,234 | -€3,226 | -9.4% |
| Recurring financial charges | 65 | €32,560 | €31,234 | -€1,326 | -4.1% |
| Non-recurring financial charges | 66B | €1,900 | - | -€1,900 | |
| Profit (loss) for the period before taxes | 9903 | €503,754 | €477,659 | -€26,095 | -5.2% |
| Income taxes | 67/77 | €130,315 | €125,753 | -€4,561 | -3.5% |
| Profit (loss) for the period | 9904 | €373,439 | €351,906 | -€21,534 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €373,439 | €351,906 | -€21,534 | -5.8% |
Next steps
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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 2 November 2026 via checked.be.