LANGUAGES & 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.
LANGUAGES & TRAVEL
Largest movements
- Deferred charges and accrued income +€56,065
up €56,065 (+2,454%), from €2,284 to €58,350
- Receivables within one year +€49,489
up €49,489 (+82.6%), from €59,931 to €109,420
of which Trade receivables: +€47,302
- Cash -€19,109
down €19,109 (-15.6%), from €122,475 to €103,366
mainly Deferred charges and accrued income (-€56,065) and Receivables within one year (-€49,489)
- Accrued charges and deferred income +€91,346
up €91,346 (+63,426%), from €144 to €91,490
- Debts after one year -€8,920
down €8,920 (-42.5%), from €20,965 to €12,045
- Advances received +€6,818
new in 2025: €6,818
- Current portion of long-term debt -€4,786
down €4,786 (-34.9%), from €13,706 to €8,920
- Financial charges +€7,436
up €7,436 (+327%), from €2,272 to €9,708
- Gross operating margin -€5,510
down €5,510 (-41.2%), from €13,374 to €7,863
- Financial income +€4,156
up €4,156 (+151%), from €2,747 to €6,903
- Taxes -€748
down €748 (-70.2%), from €1,067 to €318
- Depreciation -€659
down €659 (-17.9%), from €3,688 to €3,029
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 | €189,875 | €275,012 | +€85,137 | +44.8% |
| Fixed assets | 21/28 | €5,185 | €3,877 | -€1,308 | -25.2% |
| Intangible fixed assets | 21 | €1,092 | €0 | -€1,092 | -100% |
| Tangible fixed assets | 22/27 | €3,793 | €3,577 | -€216 | -5.7% |
| Furniture and vehicles | 24 | €3,793 | €3,577 | -€216 | -5.7% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €184,690 | €271,136 | +€86,445 | +46.8% |
| Amounts receivable within one year | 40/41 | €59,931 | €109,420 | +€49,489 | +82.6% |
| Trade receivables | 40 | €55,543 | €102,846 | +€47,302 | +85.2% |
| Other amounts receivable | 41 | €4,388 | €6,575 | +€2,187 | +49.8% |
| Cash at bank and in hand | 54/58 | €122,475 | €103,366 | -€19,109 | -15.6% |
| Deferred charges and accrued income | 490/1 | €2,284 | €58,350 | +€56,065 | +2,454% |
| Total equity and liabilities | 10/49 | €189,875 | €275,012 | +€85,137 | +44.8% |
| Equity | 10/15 | €86,088 | €87,400 | +€1,312 | +1.5% |
| Contributions | 10/11 | €73,592 | €73,592 | = | 0.0% |
| Reserves | 13 | €12,496 | €13,808 | +€1,312 | +10.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €10,637 | €11,949 | +€1,312 | +12.3% |
| Amounts payable | 17/49 | €103,787 | €187,612 | +€83,825 | +80.8% |
| Amounts payable after more than one year | 17 | €20,965 | €12,045 | -€8,920 | -42.5% |
| Financial debts | 170/4 | €20,965 | €12,045 | -€8,920 | -42.5% |
| Amounts payable within one year | 42/48 | €82,678 | €84,078 | +€1,400 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €13,706 | €8,920 | -€4,786 | -34.9% |
| Trade debts | 44 | €56,915 | €57,977 | +€1,063 | +1.9% |
| Suppliers | 440/4 | €56,915 | €57,977 | +€1,063 | +1.9% |
| Advances received on contracts in progress | 46 | - | €6,818 | +€6,818 | |
| Taxes, remuneration and social security | 45 | €1,599 | €1,386 | -€213 | -13.3% |
| Taxes | 450/3 | €1,599 | €1,386 | -€213 | -13.3% |
| Other amounts payable | 47/48 | €10,458 | €8,976 | -€1,482 | -14.2% |
| Accrued charges and deferred income | 492/3 | €144 | €91,490 | +€91,346 | +63,426% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,688 | €3,029 | -€659 | -17.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €13,374 | €7,863 | -€5,510 | -41.2% |
| Operating profit (loss) | 9901 | €9,298 | €4,434 | -€4,864 | -52.3% |
| Financial income | 75/76B | €2,747 | €6,903 | +€4,156 | +151% |
| Recurring financial income | 75 | €2,747 | €6,903 | +€4,156 | +151% |
| Financial charges | 65/66B | €2,272 | €9,708 | +€7,436 | +327% |
| Recurring financial charges | 65 | €2,272 | €9,708 | +€7,436 | +327% |
| Profit (loss) for the period before taxes | 9903 | €9,774 | €1,630 | -€8,144 | -83.3% |
| Income taxes | 67/77 | €1,067 | €318 | -€748 | -70.2% |
| Profit (loss) for the period | 9904 | €8,707 | €1,312 | -€7,395 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,707 | €1,312 | -€7,395 | -84.9% |
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 25 October 2026 via checked.be.