Ticket2Travel: 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.
Ticket2Travel
Largest movements
- Tangible fixed assets +€94,309
up €94,309 (+53.4%), from €176,684 to €270,993
of which Other tangible fixed assets: +€65,335
- Cash -€56,173
down €56,173 (-56.1%), from €100,087 to €43,914
mainly Investment in fixed assets (net) (-€103,720) and Advances received (-€93,051)
- Deferred charges and accrued income -€41,132
down €41,132 (-15.7%), from €261,985 to €220,854
- Receivables within one year +€31,079
up €31,079 (+28.5%), from €109,056 to €140,135
of which Trade receivables: +€30,684
- Advances received -€93,051
down €93,051 (-27.8%), from €334,809 to €241,758
- Reserves +€57,401
up €57,401 (+45.6%), from €125,743 to €183,144
- Trade debts +€51,382
up €51,382 (+218%), from €23,593 to €74,975
- Accrued charges and deferred income +€18,736
up €18,736 (+30.5%), from €61,403 to €80,138
- Debts after one year -€9,407
down €9,407 (-5.8%), from €161,524 to €152,117
- Gross operating margin +€45,993
up €45,993 (+46.1%), from €99,676 to €145,669
- Taxes +€14,549
up €14,549 (+320%), from €4,553 to €19,102
- Financial charges +€9,293
up €9,293 (+659%), from €1,411 to €10,704
- Depreciation +€6,836
up €6,836 (+265%), from €2,575 to €9,411
- Staff costs +€6,693
up €6,693 (+18.2%), from €36,693 to €43,387
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 | €762,489 | €790,606 | +€28,116 | +3.7% |
| Fixed assets | 21/28 | €176,864 | €271,173 | +€94,309 | +53.3% |
| Tangible fixed assets | 22/27 | €176,684 | €270,993 | +€94,309 | +53.4% |
| Land and buildings | 22 | €174,475 | €201,161 | +€26,686 | +15.3% |
| Plant, machinery and equipment | 23 | €778 | €486 | -€292 | -37.5% |
| Furniture and vehicles | 24 | €342 | €2,921 | +€2,579 | +755% |
| Other tangible fixed assets | 26 | €1,090 | €66,425 | +€65,335 | +5,997% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €585,626 | €519,433 | -€66,193 | -11.3% |
| Amounts receivable within one year | 40/41 | €109,056 | €140,135 | +€31,079 | +28.5% |
| Trade receivables | 40 | €109,056 | €139,740 | +€30,684 | +28.1% |
| Other amounts receivable | 41 | - | €395 | +€395 | |
| Current investments | 50/53 | €114,497 | €114,530 | +€33 | 0.0% |
| Cash at bank and in hand | 54/58 | €100,087 | €43,914 | -€56,173 | -56.1% |
| Deferred charges and accrued income | 490/1 | €261,985 | €220,854 | -€41,132 | -15.7% |
| Total equity and liabilities | 10/49 | €762,489 | €790,606 | +€28,116 | +3.7% |
| Equity | 10/15 | €165,743 | €223,144 | +€57,401 | +34.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €125,743 | €183,144 | +€57,401 | +45.6% |
| Distributable reserves | 133 | €125,743 | €183,144 | +€57,401 | +45.6% |
| Amounts payable | 17/49 | €596,746 | €567,461 | -€29,285 | -4.9% |
| Amounts payable after more than one year | 17 | €161,524 | €152,117 | -€9,407 | -5.8% |
| Financial debts | 170/4 | €161,524 | €152,117 | -€9,407 | -5.8% |
| Amounts payable within one year | 42/48 | €373,819 | €335,205 | -€38,614 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €9,066 | €9,407 | +€340 | +3.8% |
| Trade debts | 44 | €23,593 | €74,975 | +€51,382 | +218% |
| Suppliers | 440/4 | €23,593 | €74,975 | +€51,382 | +218% |
| Advances received on contracts in progress | 46 | €334,809 | €241,758 | -€93,051 | -27.8% |
| Taxes, remuneration and social security | 45 | €6,351 | €9,066 | +€2,715 | +42.7% |
| Taxes | 450/3 | €4,872 | €3,916 | -€956 | -19.6% |
| Remuneration and social security | 454/9 | €1,480 | €5,150 | +€3,671 | +248% |
| Accrued charges and deferred income | 492/3 | €61,403 | €80,138 | +€18,736 | +30.5% |
| Remuneration, social security and pensions | 62 | €36,693 | €43,387 | +€6,693 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,575 | €9,411 | +€6,836 | +265% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,493 | +€4,493 | |
| Other operating charges | 640/8 | €9,086 | €2,441 | -€6,645 | -73.1% |
| Gross operating margin | 9900 | €99,676 | €145,669 | +€45,993 | +46.1% |
| Operating profit (loss) | 9901 | €51,322 | €85,937 | +€34,616 | +67.4% |
| Financial income | 75/76B | €276 | €1,270 | +€994 | +360% |
| Recurring financial income | 75 | €276 | €1,270 | +€994 | +360% |
| Financial charges | 65/66B | €1,411 | €10,704 | +€9,293 | +659% |
| Recurring financial charges | 65 | €1,411 | €10,704 | +€9,293 | +659% |
| Profit (loss) for the period before taxes | 9903 | €50,187 | €76,504 | +€26,317 | +52.4% |
| Income taxes | 67/77 | €4,553 | €19,102 | +€14,549 | +320% |
| Profit (loss) for the period | 9904 | €45,633 | €57,401 | +€11,768 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,633 | €57,401 | +€11,768 | +25.8% |
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 22 October 2026 via checked.be.