EFFICIENT TRENDY TOURISM: 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.
EFFICIENT TRENDY TOURISM
Largest movements
- Receivables within one year +€20,054
up €20,054 (+26.5%), from €75,746 to €95,800
of which Other amounts receivable: +€19,632
- Cash +€3,751
up €3,751 (+212%), from €1,772 to €5,522
mainly Net result for the year (+€13,969) and Tax, wage and social debts (+€7,028)
- Reserves +€13,969
up €13,969 (+27.0%), from €51,701 to €65,670
- Tax, wage and social debts +€7,028
up €7,028 (+52.3%), from €13,445 to €20,473
- Trade debts +€2,212
up €2,212 (+264%), from €838 to €3,050
- Gross operating margin +€8,583
up €8,583 (+59.9%), from €14,331 to €22,914
- Taxes +€2,291
up €2,291 (+46.1%), from €4,968 to €7,259
- Financial charges +€1,222
up €1,222 (+38.3%), from €3,190 to €4,412
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 | €111,289 | €134,492 | +€23,202 | +20.8% |
| Fixed assets | 21/28 | €1,176 | €573 | -€603 | -51.3% |
| Tangible fixed assets | 22/27 | €1,176 | €573 | -€603 | -51.3% |
| Furniture and vehicles | 24 | €1,176 | €573 | -€603 | -51.3% |
| Current assets | 29/58 | €110,114 | €133,919 | +€23,805 | +21.6% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,596 | €7,596 | = | 0.0% |
| Stocks | 30/36 | €7,596 | €7,596 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,746 | €95,800 | +€20,054 | +26.5% |
| Trade receivables | 40 | €13,259 | €13,682 | +€423 | +3.2% |
| Other amounts receivable | 41 | €62,487 | €82,119 | +€19,632 | +31.4% |
| Cash at bank and in hand | 54/58 | €1,772 | €5,522 | +€3,751 | +212% |
| Total equity and liabilities | 10/49 | €111,289 | €134,492 | +€23,202 | +20.8% |
| Equity | 10/15 | €70,293 | €84,262 | +€13,969 | +19.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €51,701 | €65,670 | +€13,969 | +27.0% |
| Distributable reserves | 133 | €51,701 | €65,670 | +€13,969 | +27.0% |
| Amounts payable | 17/49 | €40,996 | €50,230 | +€9,233 | +22.5% |
| Amounts payable within one year | 42/48 | €40,996 | €50,230 | +€9,233 | +22.5% |
| Financial debts | 43 | €26,713 | €26,706 | -€7 | 0.0% |
| Credit institutions | 430/8 | €26,713 | €26,706 | -€7 | 0.0% |
| Trade debts | 44 | €838 | €3,050 | +€2,212 | +264% |
| Suppliers | 440/4 | €838 | €3,050 | +€2,212 | +264% |
| Taxes, remuneration and social security | 45 | €13,445 | €20,473 | +€7,028 | +52.3% |
| Taxes | 450/3 | €13,445 | €20,473 | +€7,028 | +52.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €603 | €603 | = | 0.0% |
| Other operating charges | 640/8 | €549 | €462 | -€88 | -15.9% |
| Gross operating margin | 9900 | €14,331 | €22,914 | +€8,583 | +59.9% |
| Operating profit (loss) | 9901 | €13,179 | €21,849 | +€8,670 | +65.8% |
| Financial income | 75/76B | €4,012 | €3,791 | -€222 | -5.5% |
| Recurring financial income | 75 | €4,012 | €3,791 | -€222 | -5.5% |
| Financial charges | 65/66B | €3,190 | €4,412 | +€1,222 | +38.3% |
| Recurring financial charges | 65 | €3,190 | €4,412 | +€1,222 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €14,001 | €21,228 | +€7,227 | +51.6% |
| Income taxes | 67/77 | €4,968 | €7,259 | +€2,291 | +46.1% |
| Profit (loss) for the period | 9904 | €9,034 | €13,969 | +€4,936 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,034 | €13,969 | +€4,936 | +54.6% |
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 19 October 2026 via checked.be.