IMMO TRAVI: 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.
IMMO TRAVI
Largest movements
- Tangible fixed assets -€38,153
down €38,153 (-6.8%), from €563,737 to €525,583
of which Land and buildings: -€36,653
- Cash -€28,728
down €28,728 (-53.6%), from €53,622 to €24,894
mainly Other debts (-€29,931) and Net result for the year (-€15,631)
- Other debts -€29,931
down €29,931 (-16.1%), from €185,430 to €155,499
- Profit (loss) carried forward -€15,631
down €15,631 (-8.5%), from -€183,322 to -€198,953
- Debts after one year -€15,082
down €15,082 (-26.2%), from €57,612 to €42,530
- Turnover -€84,699
no longer reported in 2025 (was €84,699)
- Purchases and services -€44,737
no longer reported in 2025 (was €44,737)
- Other operating charges +€4,091
up €4,091 (+53.3%), from €7,669 to €11,760
- Gross operating margin -€2,604
down €2,604 (-6.5%), from €39,963 to €37,359
- Financial charges -€2,021
down €2,021 (-39.6%), from €5,097 to €3,077
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 | €631,324 | €569,866 | -€61,458 | -9.7% |
| Fixed assets | 21/28 | €563,737 | €525,583 | -€38,153 | -6.8% |
| Tangible fixed assets | 22/27 | €563,737 | €525,583 | -€38,153 | -6.8% |
| Land and buildings | 22 | €560,465 | €523,812 | -€36,653 | -6.5% |
| Furniture and vehicles | 24 | €3,271 | €1,771 | -€1,500 | -45.9% |
| Current assets | 29/58 | €67,588 | €44,283 | -€23,305 | -34.5% |
| Amounts receivable within one year | 40/41 | €9,838 | €14,500 | +€4,662 | +47.4% |
| Trade receivables | 40 | €9,338 | €14,000 | +€4,662 | +49.9% |
| Other amounts receivable | 41 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,622 | €24,894 | -€28,728 | -53.6% |
| Deferred charges and accrued income | 490/1 | €4,127 | €4,889 | +€762 | +18.5% |
| Total equity and liabilities | 10/49 | €631,324 | €569,866 | -€61,458 | -9.7% |
| Equity | 10/15 | €372,001 | €356,370 | -€15,631 | -4.2% |
| Contributions | 10/11 | €505,000 | €505,000 | = | 0.0% |
| Capital | 10 | €505,000 | €505,000 | = | 0.0% |
| Issued capital | 100 | €505,000 | €505,000 | = | 0.0% |
| Reserves | 13 | €50,323 | €50,323 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,323 | €50,323 | = | 0.0% |
| Legal reserve | 130 | €50,323 | €50,323 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,322 | -€198,953 | -€15,631 | -8.5% |
| Amounts payable | 17/49 | €259,323 | €213,496 | -€45,827 | -17.7% |
| Amounts payable after more than one year | 17 | €57,612 | €42,530 | -€15,082 | -26.2% |
| Financial debts | 170/4 | €57,612 | €42,530 | -€15,082 | -26.2% |
| Amounts payable within one year | 42/48 | €201,712 | €170,966 | -€30,746 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €14,631 | €15,082 | +€451 | +3.1% |
| Trade debts | 44 | €1,651 | €385 | -€1,266 | -76.7% |
| Suppliers | 440/4 | €1,651 | €385 | -€1,266 | -76.7% |
| Other amounts payable | 47/48 | €185,430 | €155,499 | -€29,931 | -16.1% |
| Turnover | 70 | €84,699 | - | -€84,699 | |
| Goods, raw materials, services and sundry goods | 60/61 | €44,737 | - | -€44,737 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,886 | €38,153 | +€267 | +0.7% |
| Other operating charges | 640/8 | €7,669 | €11,760 | +€4,091 | +53.3% |
| Gross operating margin | 9900 | €39,963 | €37,359 | -€2,604 | -6.5% |
| Operating profit (loss) | 9901 | -€5,592 | -€12,554 | -€6,962 | -125% |
| Financial charges | 65/66B | €5,097 | €3,077 | -€2,021 | -39.6% |
| Recurring financial charges | 65 | €5,097 | €3,077 | -€2,021 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,689 | -€15,631 | -€4,941 | -46.2% |
| Profit (loss) for the period | 9904 | -€10,689 | -€15,631 | -€4,941 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,689 | -€15,631 | -€4,941 | -46.2% |
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 20 October 2026 via checked.be.