SailingHoliday: 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.
SailingHoliday
Largest movements
- Receivables within one year -€15,431
down €15,431 (-92.9%), from €16,604 to €1,173
of which Trade receivables: -€13,300
- Tangible fixed assets -€5,167
down €5,167 (-45.5%), from €11,367 to €6,201
of which Furniture and vehicles: -€3,534
- Cash +€4,720
up €4,720 (+2,756%), from €171 to €4,891
mainly Receivables within one year (+€15,431) and Depreciation (+€4,810)
- Deferred charges and accrued income +€299
new in 2025: €299
- Reserves -€10,854
down €10,854 (-59.8%), from €18,146 to €7,292
- Accrued charges and deferred income -€1,696
down €1,696 (-100%), from €1,696 to €0
- Other debts -€1,681
down €1,681 (-3.6%), from €46,552 to €44,872
- Tax, wage and social debts -€1,352
down €1,352 (-100%), from €1,352 to €0
of which Taxes: -€1,352
- Gross operating margin +€34,928
up €34,928, from -€34,778 to €151
- Staff costs +€2,663
new in 2025: €2,663
- Financial charges -€2,347
down €2,347 (-73.5%), from €3,192 to €845
- Depreciation +€501
up €501 (+11.6%), from €4,309 to €4,810
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 | €28,143 | €12,565 | -€15,578 | -55.4% |
| Fixed assets | 21/28 | €11,367 | €6,201 | -€5,167 | -45.5% |
| Tangible fixed assets | 22/27 | €11,367 | €6,201 | -€5,167 | -45.5% |
| Plant, machinery and equipment | 23 | €4,564 | €2,931 | -€1,633 | -35.8% |
| Furniture and vehicles | 24 | €6,803 | €3,269 | -€3,534 | -51.9% |
| Current assets | 29/58 | €16,776 | €6,364 | -€10,412 | -62.1% |
| Amounts receivable within one year | 40/41 | €16,604 | €1,173 | -€15,431 | -92.9% |
| Trade receivables | 40 | €13,300 | €0 | -€13,300 | -100% |
| Other amounts receivable | 41 | €3,304 | €1,173 | -€2,131 | -64.5% |
| Cash at bank and in hand | 54/58 | €171 | €4,891 | +€4,720 | +2,756% |
| Deferred charges and accrued income | 490/1 | - | €299 | +€299 | |
| Total equity and liabilities | 10/49 | €28,143 | €12,565 | -€15,578 | -55.4% |
| Equity | 10/15 | -€21,856 | -€32,709 | -€10,854 | -49.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,146 | €7,292 | -€10,854 | -59.8% |
| Distributable reserves | 133 | €18,146 | €7,292 | -€10,854 | -59.8% |
| Profit (loss) carried forward | 14 | -€43,002 | -€43,002 | = | 0.0% |
| Amounts payable | 17/49 | €49,998 | €45,274 | -€4,724 | -9.4% |
| Amounts payable within one year | 42/48 | €48,302 | €45,274 | -€3,029 | -6.3% |
| Financial debts | 43 | €25 | €18 | -€7 | -28.5% |
| Credit institutions | 430/8 | €25 | €18 | -€7 | -28.5% |
| Trade debts | 44 | €373 | €385 | +€12 | +3.1% |
| Suppliers | 440/4 | €373 | €385 | +€12 | +3.1% |
| Taxes, remuneration and social security | 45 | €1,352 | €0 | -€1,352 | -100% |
| Taxes | 450/3 | €1,352 | €0 | -€1,352 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €46,552 | €44,872 | -€1,681 | -3.6% |
| Accrued charges and deferred income | 492/3 | €1,696 | €0 | -€1,696 | -100% |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100% |
| Remuneration, social security and pensions | 62 | - | €2,663 | +€2,663 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,309 | €4,810 | +€501 | +11.6% |
| Other operating charges | 640/8 | €1,016 | €1,089 | +€73 | +7.2% |
| Non-recurring operating charges | 66A | - | €1,599 | +€1,599 | |
| Gross operating margin | 9900 | -€34,778 | €151 | +€34,928 | |
| Operating profit (loss) | 9901 | -€40,103 | -€10,011 | +€30,092 | +75.0% |
| Financial income | 75/76B | €293 | €2 | -€291 | -99.2% |
| Recurring financial income | 75 | €293 | €2 | -€291 | -99.2% |
| Financial charges | 65/66B | €3,192 | €845 | -€2,347 | -73.5% |
| Recurring financial charges | 65 | €3,192 | €845 | -€2,347 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | -€43,002 | -€10,854 | +€32,148 | +74.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€43,002 | -€10,854 | +€32,148 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,002 | -€10,854 | +€32,148 | +74.8% |
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.