FOLIES VOYAGES: what changed
What changed
FOLIES VOYAGES
NACE 79.110, Travel agency activities
filed annual accounts (NBB)
Net result for the year
€50,710
2024 · €16,990+€33,721
Equity
€369,351
2024 · €343,641+€25,710
Cash
€494,100
2024 · €462,381+€31,719
Balance sheet total
€1.0m
2024 · €1.0m+€16,857
Largest movements
Assets
- Cash +€31,719
up €31,719 (+6.9%), from €462,381 to €494,100
mainly Net result for the year (+€50,710) and Other debts (+€24,958)
- Deferred charges and accrued income -€10,953
down €10,953 (-69.6%), from €15,735 to €4,782
Equity and liabilities
- Trade debts -€55,733
down €55,733 (-24.2%), from €230,062 to €174,330
- Profit (loss) carried forward +€25,710
up €25,710 (+10.1%), from €255,632 to €281,343
- Other debts +€24,958
up €24,958 (+59,424%), from €42 to €25,000
- Tax, wage and social debts +€14,292
up €14,292 (+147%), from €9,697 to €23,989
of which Taxes: +€13,995
- Accrued charges and deferred income +€12,689
up €12,689 (+41.8%), from €30,378 to €43,067
Income statement
- Gross operating margin +€30,068
up €30,068 (+29.4%), from €102,357 to €132,425
- Taxes +€9,372
up €9,372 (+161%), from €5,813 to €15,184
- Depreciation -€8,144
down €8,144 (-57.0%), from €14,277 to €6,133
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
€16,990
Gross operating margin
+€30,068
Staff costs
+€181
Depreciation
+€8,144
Other operating charges
-€92
Other operating items
+€4,316
Financial income
-€132
Financial charges
+€608
Taxes
-€9,372
Result 2025
€50,710
raises the resultlowers the resultnot broken down further in the accounts
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
+€69,624
Investment
-€1,735
Financing
-€36,170
Cash 2024
€462,381
From operations (derived)
+€69,624
Net result for the year
+€50,710
Depreciation
+€6,133
Receivables within one year
-€488
Deferred charges and accrued income
+€10,953
Trade debts
-€55,733
Tax, wage and social debts
+€14,292
Advances received
+€6,110
Other debts
+€24,958
Accrued charges and deferred income
+€12,689
Investment (derived)
-€1,735
Investment in fixed assets (net)
-€1,735
Financing
-€36,170
Current portion of long-term debt
-€11,170
Contributions, distributions and other
-€25,000
Cash 2025
€494,100
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,016,584 | €1,033,441 | +€16,857 | +1.7% |
| Fixed assets | 21/28 | €32,789 | €28,392 | -€4,398 | -13.4% |
| Tangible fixed assets | 22/27 | €30,929 | €26,532 | -€4,398 | -14.2% |
| Land and buildings | 22 | €27,654 | €23,237 | -€4,417 | -16.0% |
| Furniture and vehicles | 24 | €3,276 | €3,295 | +€19 | +0.6% |
| Financial fixed assets | 28 | €1,860 | €1,860 | = | 0.0% |
| Current assets | 29/58 | €983,795 | €1,005,049 | +€21,254 | +2.2% |
| Amounts receivable within one year | 40/41 | €505,679 | €506,168 | +€488 | +0.1% |
| Trade receivables | 40 | €491,069 | €496,930 | +€5,861 | +1.2% |
| Other amounts receivable | 41 | €14,610 | €9,238 | -€5,373 | -36.8% |
| Cash at bank and in hand | 54/58 | €462,381 | €494,100 | +€31,719 | +6.9% |
| Deferred charges and accrued income | 490/1 | €15,735 | €4,782 | -€10,953 | -69.6% |
| Total equity and liabilities | 10/49 | €1,016,584 | €1,033,441 | +€16,857 | +1.7% |
| Equity | 10/15 | €343,641 | €369,351 | +€25,710 | +7.5% |
| Contributions | 10/11 | €20,001 | €20,001 | = | 0.0% |
| Reserves | 13 | €68,007 | €68,007 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €66,007 | €66,007 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,632 | €281,343 | +€25,710 | +10.1% |
| Amounts payable | 17/49 | €672,944 | €664,090 | -€8,854 | -1.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €642,565 | €621,023 | -€21,542 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €11,920 | €750 | -€11,170 | -93.7% |
| Trade debts | 44 | €230,062 | €174,330 | -€55,733 | -24.2% |
| Suppliers | 440/4 | €230,062 | €174,330 | -€55,733 | -24.2% |
| Advances received on contracts in progress | 46 | €390,844 | €396,954 | +€6,110 | +1.6% |
| Taxes, remuneration and social security | 45 | €9,697 | €23,989 | +€14,292 | +147% |
| Taxes | 450/3 | - | €13,995 | +€13,995 | |
| Remuneration and social security | 454/9 | €9,697 | €9,995 | +€297 | +3.1% |
| Other amounts payable | 47/48 | €42 | €25,000 | +€24,958 | +59,424% |
| Accrued charges and deferred income | 492/3 | €30,378 | €43,067 | +€12,689 | +41.8% |
| Non-recurring operating income | 76A | €661 | €0 | -€661 | -100% |
| Remuneration, social security and pensions | 62 | €47,369 | €47,188 | -€181 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,277 | €6,133 | -€8,144 | -57.0% |
| Other operating charges | 640/8 | €4,655 | €4,747 | +€92 | +2.0% |
| Non-recurring operating charges | 66A | €6,869 | €2,553 | -€4,316 | -62.8% |
| Gross operating margin | 9900 | €102,357 | €132,425 | +€30,068 | +29.4% |
| Operating profit (loss) | 9901 | €29,187 | €71,804 | +€42,617 | +146% |
| Financial income | 75/76B | €1,216 | €1,084 | -€132 | -10.8% |
| Recurring financial income | 75 | €1,216 | €1,084 | -€132 | -10.8% |
| Financial charges | 65/66B | €7,601 | €6,994 | -€608 | -8.0% |
| Recurring financial charges | 65 | €7,601 | €6,994 | -€608 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €22,802 | €65,895 | +€43,092 | +189% |
| Income taxes | 67/77 | €5,813 | €15,184 | +€9,372 | +161% |
| Profit (loss) for the period | 9904 | €16,990 | €50,710 | +€33,721 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €16,990 | €50,710 | +€33,721 | +198% |
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 5 November 2026 via checked.be.