DGN 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.
DGN Travel
Largest movements
- Cash +€21,074
up €21,074 (+5.6%), from €377,605 to €398,680
mainly Advances received (+€27,860) and Depreciation (+€13,106)
- Intangible fixed assets -€11,750
down €11,750 (-14.2%), from €82,520 to €70,770
- Receivables within one year +€11,718
up €11,718 (+433%), from €2,708 to €14,426
of which Other amounts receivable: +€11,718
- Deferred charges and accrued income +€10,818
up €10,818 (+29.4%), from €36,754 to €47,572
- Advances received +€27,860
up €27,860 (+6.8%), from €411,006 to €438,867
- Debts after one year -€12,237
down €12,237 (-15.0%), from €81,741 to €69,505
- Reserves +€9,823
up €9,823 (+71.1%), from €13,809 to €23,632
- Gross operating margin -€4,532
down €4,532 (-14.5%), from €31,254 to €26,722
- Financial charges -€3,581
down €3,581 (-88.2%), from €4,060 to €479
- Taxes +€672
up €672 (+25.8%), from €2,602 to €3,274
- Financial income +€480
up €480, from €0 to €480
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €551,386 | €581,890 | +€30,505 | +5.5% |
| Formation expenses | 20 | €1,798 | €442 | -€1,356 | -75.4% |
| Fixed assets | 21/28 | €132,520 | €120,770 | -€11,750 | -8.9% |
| Intangible fixed assets | 21 | €82,520 | €70,770 | -€11,750 | -14.2% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €417,067 | €460,678 | +€43,611 | +10.5% |
| Amounts receivable within one year | 40/41 | €2,708 | €14,426 | +€11,718 | +433% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,708 | €14,426 | +€11,718 | +433% |
| Cash at bank and in hand | 54/58 | €377,605 | €398,680 | +€21,074 | +5.6% |
| Deferred charges and accrued income | 490/1 | €36,754 | €47,572 | +€10,818 | +29.4% |
| Total equity and liabilities | 10/49 | €551,386 | €581,890 | +€30,505 | +5.5% |
| Equity | 10/15 | €38,809 | €48,632 | +€9,823 | +25.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €13,809 | €23,632 | +€9,823 | +71.1% |
| Distributable reserves | 133 | €13,809 | €23,632 | +€9,823 | +71.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €512,577 | €533,258 | +€20,681 | +4.0% |
| Amounts payable after more than one year | 17 | €81,741 | €69,505 | -€12,237 | -15.0% |
| Financial debts | 170/4 | €81,741 | €69,505 | -€12,237 | -15.0% |
| Amounts payable within one year | 42/48 | €430,836 | €463,754 | +€32,918 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €11,935 | €12,237 | +€302 | +2.5% |
| Trade debts | 44 | €6,460 | €9,910 | +€3,450 | +53.4% |
| Suppliers | 440/4 | €6,460 | €9,910 | +€3,450 | +53.4% |
| Advances received on contracts in progress | 46 | €411,006 | €438,867 | +€27,860 | +6.8% |
| Taxes, remuneration and social security | 45 | €1,435 | €2,741 | +€1,306 | +91.0% |
| Taxes | 450/3 | €1,435 | €2,741 | +€1,306 | +91.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,122 | €13,106 | -€16 | -0.1% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €31,254 | €26,722 | -€4,532 | -14.5% |
| Operating profit (loss) | 9901 | €17,627 | €13,096 | -€4,531 | -25.7% |
| Financial income | 75/76B | €0 | €480 | +€480 | |
| Recurring financial income | 75 | €0 | €480 | +€480 | |
| Financial charges | 65/66B | €4,060 | €479 | -€3,581 | -88.2% |
| Recurring financial charges | 65 | €4,060 | €479 | -€3,581 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €13,567 | €13,098 | -€469 | -3.5% |
| Income taxes | 67/77 | €2,602 | €3,274 | +€672 | +25.8% |
| Profit (loss) for the period | 9904 | €10,965 | €9,823 | -€1,141 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,965 | €9,823 | -€1,141 | -10.4% |
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.