GENERALTOUR: 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
GENERALTOUR
NACE 79.110, Travel agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€141,696
2024 · €112,305+€29,391
Equity
€1.4m
2024 · €1.2m+€141,696
Cash
€1.7m
2024 · €2.2m-€506,179
Balance sheet total
€7.7m
2024 · €7.1m+€537,626
Largest movements
Assets
- Receivables within one year +€763,674
up €763,674 (+72.7%), from €1.1m to €1.8m
of which Trade receivables: +€755,955
- Cash -€506,179
down €506,179 (-23.2%), from €2.2m to €1.7m
mainly Receivables within one year (-€763,674) and Investment in fixed assets (net) (-€747,397)
- Tangible fixed assets +€189,680
up €189,680 (+7.3%), from €2.6m to €2.8m
of which Furniture and vehicles: +€140,760
- Deferred charges and accrued income +€90,994
up €90,994 (+7.0%), from €1.3m to €1.4m
Equity and liabilities
- Advances received +€354,513
up €354,513 (+18.8%), from €1.9m to €2.2m
- Trade debts +€155,363
up €155,363 (+11.1%), from €1.4m to €1.6m
- Profit (loss) carried forward +€141,696
up €141,696 (+26.8%), from €528,050 to €669,746
- Other debts -€138,569
down €138,569 (-12.4%), from €1.1m to €979,591
Income statement
- Turnover +€558,596
up €558,596 (+2.8%), from €19.9m to €20.5m
- Goods and materials +€454,803
up €454,803 (+3.2%), from €14.1m to €14.5m
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
€112,305
Turnover
+€558,596
Other operating income
-€3,551
Goods and materials
-€454,803
Services and other goods
-€85,006
Staff costs
-€102,541
Depreciation
+€76,210
Other operating charges
+€25,734
Financial income
+€2,372
Financial charges
+€12,135
Taxes
+€245
Result 2025
€141,696
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
+€241,217
Investment
-€747,397
Financing
€0
Cash 2024
€2.2m
From operations (derived)
+€241,217
Net result for the year
+€141,696
Depreciation
+€558,259
Receivables within one year
-€763,674
Deferred charges and accrued income
-€90,994
Trade debts
+€155,363
Tax, wage and social debts
+€64,729
Advances received
+€354,513
Other debts
-€138,569
Accrued charges and deferred income
-€40,105
Investment (derived)
-€747,397
Investment in fixed assets (net)
-€747,397
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,144,871 | €7,682,497 | +€537,626 | +7.5% |
| Fixed assets | 21/28 | €2,609,161 | €2,798,298 | +€189,138 | +7.2% |
| Tangible fixed assets | 22/27 | €2,598,635 | €2,788,315 | +€189,680 | +7.3% |
| Plant, machinery and equipment | 23 | €46,230 | €53,780 | +€7,550 | +16.3% |
| Furniture and vehicles | 24 | €2,505,517 | €2,646,277 | +€140,760 | +5.6% |
| Other tangible fixed assets | 26 | €46,888 | €88,257 | +€41,369 | +88.2% |
| Financial fixed assets | 28 | €10,526 | €9,983 | -€542 | -5.2% |
| Other financial fixed assets | 284/8 | €10,526 | €9,983 | -€542 | -5.2% |
| Shares | 284 | €800 | €800 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €9,726 | €9,183 | -€542 | -5.6% |
| Current assets | 29/58 | €4,535,710 | €4,884,199 | +€348,489 | +7.7% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,051,027 | €1,814,701 | +€763,674 | +72.7% |
| Trade receivables | 40 | €1,009,083 | €1,765,038 | +€755,955 | +74.9% |
| Other amounts receivable | 41 | €41,944 | €49,663 | +€7,719 | +18.4% |
| Cash at bank and in hand | 54/58 | €2,178,137 | €1,671,958 | -€506,179 | -23.2% |
| Deferred charges and accrued income | 490/1 | €1,306,547 | €1,397,541 | +€90,994 | +7.0% |
| Total equity and liabilities | 10/49 | €7,144,871 | €7,682,497 | +€537,626 | +7.5% |
| Equity | 10/15 | €1,243,989 | €1,385,685 | +€141,696 | +11.4% |
| Contributions | 10/11 | €637,217 | €637,217 | = | 0.0% |
| Capital | 10 | €637,217 | €637,217 | = | 0.0% |
| Issued capital | 100 | €637,217 | €637,217 | = | 0.0% |
| Reserves | 13 | €78,722 | €78,722 | = | 0.0% |
| Non-distributable reserves | 130/1 | €63,722 | €63,722 | = | 0.0% |
| Legal reserve | 130 | €63,722 | €63,722 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €528,050 | €669,746 | +€141,696 | +26.8% |
| Amounts payable | 17/49 | €5,900,882 | €6,296,813 | +€395,930 | +6.7% |
| Amounts payable within one year | 42/48 | €4,958,633 | €5,394,669 | +€436,036 | +8.8% |
| Trade debts | 44 | €1,396,516 | €1,551,879 | +€155,363 | +11.1% |
| Suppliers | 440/4 | €1,396,516 | €1,551,879 | +€155,363 | +11.1% |
| Advances received on contracts in progress | 46 | €1,887,418 | €2,241,931 | +€354,513 | +18.8% |
| Taxes, remuneration and social security | 45 | €556,538 | €621,267 | +€64,729 | +11.6% |
| Taxes | 450/3 | €92,287 | €129,900 | +€37,613 | +40.8% |
| Remuneration and social security | 454/9 | €464,251 | €491,367 | +€27,116 | +5.8% |
| Other amounts payable | 47/48 | €1,118,161 | €979,591 | -€138,569 | -12.4% |
| Accrued charges and deferred income | 492/3 | €942,249 | €902,144 | -€40,105 | -4.3% |
| Operating income | 70/76A | €20,352,793 | €20,907,839 | +€555,046 | +2.7% |
| Turnover | 70 | €19,917,440 | €20,476,036 | +€558,596 | +2.8% |
| Other operating income | 74 | €435,353 | €431,803 | -€3,551 | -0.8% |
| Operating charges | 60/66A | €20,102,054 | €20,642,460 | +€540,406 | +2.7% |
| Goods for resale, raw materials and consumables | 60 | €14,076,109 | €14,530,913 | +€454,803 | +3.2% |
| Purchases | 600/8 | €14,076,109 | €14,530,913 | +€454,803 | +3.2% |
| Services and other goods | 61 | €2,488,617 | €2,573,623 | +€85,006 | +3.4% |
| Remuneration, social security and pensions | 62 | €2,822,046 | €2,924,587 | +€102,541 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634,469 | €558,259 | -€76,210 | -12.0% |
| Other operating charges | 640/8 | €80,812 | €55,078 | -€25,734 | -31.8% |
| Operating profit (loss) | 9901 | €250,739 | €265,379 | +€14,639 | +5.8% |
| Financial income | 75/76B | €1,514 | €3,886 | +€2,372 | +157% |
| Recurring financial income | 75 | €1,514 | €3,886 | +€2,372 | +157% |
| Income from current assets | 751 | €1,220 | €1,505 | +€285 | +23.3% |
| Other financial income | 752/9 | €294 | €2,381 | +€2,087 | +710% |
| Financial charges | 65/66B | €139,462 | €127,326 | -€12,135 | -8.7% |
| Recurring financial charges | 65 | €139,462 | €127,326 | -€12,135 | -8.7% |
| Other financial charges | 652/9 | €139,462 | €127,326 | -€12,135 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €112,792 | €141,938 | +€29,146 | +25.8% |
| Income taxes | 67/77 | €487 | €242 | -€245 | -50.3% |
| Taxes | 670/3 | €487 | €242 | -€245 | -50.3% |
| Profit (loss) for the period | 9904 | €112,305 | €141,696 | +€29,391 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €112,305 | €141,696 | +€29,391 | +26.2% |
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 14 October 2026 via checked.be.