MAXI 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.
MAXI TRAVEL
Largest movements
- Tangible fixed assets -€7,215
down €7,215 (-6.0%), from €119,744 to €112,529
of which Land and buildings: -€6,064
- Cash +€1,474
up €1,474 (+130%), from €1,137 to €2,611
mainly Other debts (+€14,891) and Depreciation (+€7,215)
- Profit (loss) carried forward -€20,122
down €20,122 (-4.4%), from -€453,338 to -€473,460
- Other debts +€14,891
up €14,891 (+7.2%), from €207,354 to €222,245
- Trade debts -€1,660
down €1,660 (-26.6%), from €6,241 to €4,581
- Gross operating margin +€17,078
up €17,078 (+70.9%), from -€24,084 to -€7,006
- Other operating charges -€5,386
down €5,386 (-48.2%), from €11,166 to €5,780
- Purchases and services -€3,654
down €3,654 (-14.8%), from €24,680 to €21,025
- Depreciation -€2,458
down €2,458 (-25.4%), from €9,673 to €7,215
- Financial charges -€1,521
down €1,521 (-92.1%), from €1,652 to €131
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 | €121,481 | €115,199 | -€6,282 | -5.2% |
| Fixed assets | 21/28 | €119,744 | €112,529 | -€7,215 | -6.0% |
| Tangible fixed assets | 22/27 | €119,744 | €112,529 | -€7,215 | -6.0% |
| Land and buildings | 22 | €118,241 | €112,177 | -€6,064 | -5.1% |
| Furniture and vehicles | 24 | €1,504 | €352 | -€1,151 | -76.6% |
| Current assets | 29/58 | €1,737 | €2,670 | +€933 | +53.7% |
| Amounts receivable within one year | 40/41 | €531 | €59 | -€473 | -89.0% |
| Other amounts receivable | 41 | €531 | €59 | -€473 | -89.0% |
| Cash at bank and in hand | 54/58 | €1,137 | €2,611 | +€1,474 | +130% |
| Deferred charges and accrued income | 490/1 | €68 | - | -€68 | |
| Total equity and liabilities | 10/49 | €121,481 | €115,199 | -€6,282 | -5.2% |
| Equity | 10/15 | -€92,788 | -€112,910 | -€20,122 | -21.7% |
| Contributions | 10/11 | €43,400 | €43,400 | = | 0.0% |
| Reserves | 13 | €317,150 | €317,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,340 | €4,340 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,340 | €4,340 | = | 0.0% |
| Distributable reserves | 133 | €312,810 | €312,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€453,338 | -€473,460 | -€20,122 | -4.4% |
| Amounts payable | 17/49 | €214,269 | €228,109 | +€13,840 | +6.5% |
| Amounts payable within one year | 42/48 | €214,269 | €228,109 | +€13,840 | +6.5% |
| Trade debts | 44 | €6,241 | €4,581 | -€1,660 | -26.6% |
| Suppliers | 440/4 | €6,241 | €4,581 | -€1,660 | -26.6% |
| Taxes, remuneration and social security | 45 | €675 | €1,283 | +€609 | +90.2% |
| Taxes | 450/3 | €675 | €1,123 | +€449 | +66.5% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €207,354 | €222,245 | +€14,891 | +7.2% |
| Turnover | 70 | €302 | - | -€302 | |
| Non-recurring operating income | 76A | - | €14,019 | +€14,019 | |
| Goods, raw materials, services and sundry goods | 60/61 | €24,680 | €21,025 | -€3,654 | -14.8% |
| Remuneration, social security and pensions | 62 | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,673 | €7,215 | -€2,458 | -25.4% |
| Other operating charges | 640/8 | €11,166 | €5,780 | -€5,386 | -48.2% |
| Gross operating margin | 9900 | -€24,084 | -€7,006 | +€17,078 | +70.9% |
| Operating profit (loss) | 9901 | -€44,924 | -€20,052 | +€24,872 | +55.4% |
| Financial income | 75/76B | €631 | €60 | -€570 | -90.4% |
| Recurring financial income | 75 | €631 | €60 | -€570 | -90.4% |
| Financial charges | 65/66B | €1,652 | €131 | -€1,521 | -92.1% |
| Recurring financial charges | 65 | €1,652 | €131 | -€1,521 | -92.1% |
| Profit (loss) for the period before taxes | 9903 | -€45,945 | -€20,122 | +€25,823 | +56.2% |
| Income taxes | 67/77 | €242 | - | -€242 | |
| Profit (loss) for the period | 9904 | -€46,187 | -€20,122 | +€26,065 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,187 | -€20,122 | +€26,065 | +56.4% |
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 22 October 2026 via checked.be.