TRAVANCOR: what changed
Two fiscal 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.
TRAVANCOR
Largest movements
- Cash -€21,128
down €21,128 (-19.3%), from €109,501 to €88,372
mainly Trade debts (-€9,387) and Net result for the year (-€5,030)
- Receivables within one year +€4,284
up €4,284 (+65.7%), from €6,517 to €10,801
- Tangible fixed assets -€2,523
down €2,523 (-83.8%), from €3,010 to €487
of which Furniture and vehicles: -€2,209
- Trade debts -€9,387
down €9,387 (-83.6%), from €11,230 to €1,843
- Profit (loss) carried forward -€5,030
down €5,030 (-48.1%), from €10,448 to €5,418
- Tax, wage and social debts -€4,950
down €4,950 (-97.1%), from €5,100 to €150
- Gross operating margin -€18,145
down €18,145 (-99.8%), from €18,183 to €38
- Taxes -€3,920
down €3,920 (-86.8%), from €4,514 to €594
- Depreciation +€244
up €244 (+8.1%), from €3,009 to €3,254
- Financial charges +€224
new in 2025: €224
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.
Cash bridge derived
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 | €119,027 | €99,660 | -€19,367 | -16.3% |
| Fixed assets | 21/28 | €3,010 | €487 | -€2,523 | -83.8% |
| Tangible fixed assets | 22/27 | €3,010 | €487 | -€2,523 | -83.8% |
| Furniture and vehicles | 24 | €2,696 | €487 | -€2,209 | -81.9% |
| Other tangible fixed assets | 26 | €314 | - | -€314 | |
| Current assets | 29/58 | €116,017 | €99,173 | -€16,844 | -14.5% |
| Amounts receivable within one year | 40/41 | €6,517 | €10,801 | +€4,284 | +65.7% |
| Other amounts receivable | 41 | €6,517 | €10,801 | +€4,284 | +65.7% |
| Cash at bank and in hand | 54/58 | €109,501 | €88,372 | -€21,128 | -19.3% |
| Total equity and liabilities | 10/49 | €119,027 | €99,660 | -€19,367 | -16.3% |
| Equity | 10/15 | €102,698 | €97,668 | -€5,030 | -4.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €30,750 | €30,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,750 | €30,750 | = | 0.0% |
| Legal reserve | 130 | €3,000 | - | -€3,000 | |
| Reserves not available under the articles | 1311 | €27,750 | €30,750 | +€3,000 | +10.8% |
| Profit (loss) carried forward | 14 | €10,448 | €5,418 | -€5,030 | -48.1% |
| Amounts payable | 17/49 | €16,330 | €1,993 | -€14,337 | -87.8% |
| Amounts payable within one year | 42/48 | €16,330 | €1,993 | -€14,337 | -87.8% |
| Trade debts | 44 | €11,230 | €1,843 | -€9,387 | -83.6% |
| Suppliers | 440/4 | €11,230 | €1,843 | -€9,387 | -83.6% |
| Taxes, remuneration and social security | 45 | €5,100 | €150 | -€4,950 | -97.1% |
| Taxes | 450/3 | €5,100 | €150 | -€4,950 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,009 | €3,254 | +€244 | +8.1% |
| Other operating charges | 640/8 | €916 | €997 | +€81 | +8.9% |
| Gross operating margin | 9900 | €18,183 | €38 | -€18,145 | -99.8% |
| Operating profit (loss) | 9901 | €14,258 | -€4,212 | -€18,470 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €224 | +€224 | |
| Recurring financial charges | 65 | - | €224 | +€224 | |
| Profit (loss) for the period before taxes | 9903 | €14,258 | -€4,436 | -€18,693 | |
| Income taxes | 67/77 | €4,514 | €594 | -€3,920 | -86.8% |
| Profit (loss) for the period | 9904 | €9,744 | -€5,030 | -€14,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,744 | -€5,030 | -€14,774 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.