TOUROPERATOR 7 PLUS: 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.
TOUROPERATOR 7 PLUS
Largest movements
- Cash +€350,089
up €350,089 (+27.3%), from €1.3m to €1.6m
mainly Net result for the year (+€358,225) and Accrued charges and deferred income (+€181,978)
- Deferred charges and accrued income +€166,146
up €166,146 (+30.3%), from €549,016 to €715,162
- Receivables within one year -€67,956
down €67,956 (-44.4%), from €153,206 to €85,250
of which Trade receivables: -€71,087
- Reserves +€258,225
up €258,225 (+79.3%), from €325,435 to €583,660
of which Distributable reserves: +€258,225
- Accrued charges and deferred income +€181,978
up €181,978 (+16.5%), from €1.1m to €1.3m
- Debts after one year -€70,529
down €70,529 (-100%), from €70,529 to €0
- Other debts +€49,999
up €49,999 (+99.3%), from €50,367 to €100,366
- Gross operating margin +€356,334
up €356,334 (+62.2%), from €572,838 to €929,172
- Taxes +€69,718
up €69,718 (+3,052%), from €2,284 to €72,002
- Staff costs +€39,645
up €39,645 (+9.0%), from €440,299 to €479,944
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 | €1,986,721 | €2,435,503 | +€448,782 | +22.6% |
| Fixed assets | 21/28 | €1,501 | €2,187 | +€686 | +45.7% |
| Tangible fixed assets | 22/27 | €1,003 | €1,690 | +€686 | +68.4% |
| Plant, machinery and equipment | 23 | €455 | €703 | +€249 | +54.6% |
| Furniture and vehicles | 24 | €549 | €986 | +€438 | +79.8% |
| Financial fixed assets | 28 | €497 | €497 | = | 0.0% |
| Current assets | 29/58 | €1,985,221 | €2,433,316 | +€448,096 | +22.6% |
| Stocks and contracts in progress | 3 | €1,001 | €818 | -€183 | -18.3% |
| Stocks | 30/36 | €1,001 | €818 | -€183 | -18.3% |
| Amounts receivable within one year | 40/41 | €153,206 | €85,250 | -€67,956 | -44.4% |
| Trade receivables | 40 | €149,174 | €78,087 | -€71,087 | -47.7% |
| Other amounts receivable | 41 | €4,032 | €7,163 | +€3,131 | +77.6% |
| Cash at bank and in hand | 54/58 | €1,281,998 | €1,632,087 | +€350,089 | +27.3% |
| Deferred charges and accrued income | 490/1 | €549,016 | €715,162 | +€166,146 | +30.3% |
| Total equity and liabilities | 10/49 | €1,986,721 | €2,435,503 | +€448,782 | +22.6% |
| Equity | 10/15 | €530,435 | €788,660 | +€258,225 | +48.7% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Capital | 10 | €205,000 | €205,000 | = | 0.0% |
| Issued capital | 100 | €205,000 | €205,000 | = | 0.0% |
| Reserves | 13 | €325,435 | €583,660 | +€258,225 | +79.3% |
| Non-distributable reserves | 130/1 | €20,500 | €20,500 | = | 0.0% |
| Legal reserve | 130 | €20,500 | €20,500 | = | 0.0% |
| Distributable reserves | 133 | €304,935 | €563,160 | +€258,225 | +84.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,456,286 | €1,646,843 | +€190,557 | +13.1% |
| Amounts payable after more than one year | 17 | €70,529 | €0 | -€70,529 | -100% |
| Financial debts | 170/4 | €70,529 | €0 | -€70,529 | -100% |
| Amounts payable within one year | 42/48 | €280,622 | €359,730 | +€79,108 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €68,464 | €70,529 | +€2,065 | +3.0% |
| Trade debts | 44 | €87,323 | €106,084 | +€18,761 | +21.5% |
| Suppliers | 440/4 | €87,323 | €106,084 | +€18,761 | +21.5% |
| Advances received on contracts in progress | 46 | €3,690 | €0 | -€3,690 | -100% |
| Taxes, remuneration and social security | 45 | €70,778 | €82,752 | +€11,973 | +16.9% |
| Taxes | 450/3 | €16,023 | €27,002 | +€10,979 | +68.5% |
| Remuneration and social security | 454/9 | €54,755 | €55,750 | +€995 | +1.8% |
| Other amounts payable | 47/48 | €50,367 | €100,366 | +€49,999 | +99.3% |
| Accrued charges and deferred income | 492/3 | €1,105,134 | €1,287,113 | +€181,978 | +16.5% |
| Non-recurring operating income | 76A | €1,617 | €2,950 | +€1,333 | +82.4% |
| Remuneration, social security and pensions | 62 | €440,299 | €479,944 | +€39,645 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €929 | €901 | -€28 | -3.1% |
| Other operating charges | 640/8 | €1,574 | €1,494 | -€81 | -5.1% |
| Non-recurring operating charges | 66A | €207 | €650 | +€443 | +213% |
| Gross operating margin | 9900 | €572,838 | €929,172 | +€356,334 | +62.2% |
| Operating profit (loss) | 9901 | €129,827 | €446,183 | +€316,356 | +244% |
| Financial income | 75/76B | €695 | €275 | -€420 | -60.4% |
| Recurring financial income | 75 | €695 | €275 | -€420 | -60.4% |
| Financial charges | 65/66B | €12,024 | €16,231 | +€4,208 | +35.0% |
| Recurring financial charges | 65 | €12,024 | €16,231 | +€4,208 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €118,499 | €430,227 | +€311,728 | +263% |
| Income taxes | 67/77 | €2,284 | €72,002 | +€69,718 | +3,052% |
| Profit (loss) for the period | 9904 | €116,214 | €358,225 | +€242,011 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €116,214 | €358,225 | +€242,011 | +208% |
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 23 October 2026 via checked.be.