Travel consultances: what changed
Travel consultances
Largest movements
- Cash +€41,953
up €41,953 (+166%), from €25,221 to €67,174
mainly Investment in fixed assets (net) (+€31,484) and Net result for the year (+€6,808)
- Tangible fixed assets -€31,607
down €31,607 (-95.8%), from €32,984 to €1,378
of which Furniture and vehicles: -€32,984
- Deferred charges and accrued income +€1,407
up €1,407 (+272%), from €518 to €1,925
- Profit (loss) carried forward +€6,808
up €6,808 (+16.0%), from €42,451 to €49,258
- Tax, wage and social debts +€4,072
up €4,072 (+43.1%), from €9,453 to €13,525
- Gross operating margin -€16,460
down €16,460 (-48.7%), from €33,822 to €17,362
- Depreciation -€10,234
down €10,234 (-98.8%), from €10,357 to €122
- Taxes -€2,918
down €2,918 (-47.9%), from €6,087 to €3,169
- Other operating charges +€417
up €417 (+47.5%), from €879 to €1,296
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,723 | €70,476 | +€11,753 | +20.0% |
| Fixed assets | 21/28 | €32,984 | €1,378 | -€31,607 | -95.8% |
| Tangible fixed assets | 22/27 | €32,984 | €1,378 | -€31,607 | -95.8% |
| Plant, machinery and equipment | 23 | - | €1,378 | +€1,378 | |
| Furniture and vehicles | 24 | €32,984 | - | -€32,984 | |
| Current assets | 29/58 | €25,739 | €69,099 | +€43,360 | +168% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,221 | €67,174 | +€41,953 | +166% |
| Deferred charges and accrued income | 490/1 | €518 | €1,925 | +€1,407 | +272% |
| Total equity and liabilities | 10/49 | €58,723 | €70,476 | +€11,753 | +20.0% |
| Equity | 10/15 | €44,951 | €51,758 | +€6,808 | +15.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,451 | €49,258 | +€6,808 | +16.0% |
| Amounts payable | 17/49 | €13,772 | €18,718 | +€4,946 | +35.9% |
| Amounts payable within one year | 42/48 | €13,772 | €18,718 | +€4,946 | +35.9% |
| Trade debts | 44 | €170 | €386 | +€215 | +127% |
| Suppliers | 440/4 | €170 | €386 | +€215 | +127% |
| Taxes, remuneration and social security | 45 | €9,453 | €13,525 | +€4,072 | +43.1% |
| Taxes | 450/3 | €9,453 | €13,525 | +€4,072 | +43.1% |
| Other amounts payable | 47/48 | €4,149 | €4,807 | +€658 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,357 | €122 | -€10,234 | -98.8% |
| Other operating charges | 640/8 | €879 | €1,296 | +€417 | +47.5% |
| Non-recurring operating charges | 66A | - | €5,835 | +€5,835 | |
| Gross operating margin | 9900 | €33,822 | €17,362 | -€16,460 | -48.7% |
| Operating profit (loss) | 9901 | €22,587 | €10,108 | -€12,478 | -55.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €89 | €134 | +€45 | +51.2% |
| Recurring financial charges | 65 | €89 | €134 | +€45 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €22,498 | €9,977 | -€12,521 | -55.7% |
| Income taxes | 67/77 | €6,087 | €3,169 | -€2,918 | -47.9% |
| Profit (loss) for the period | 9904 | €16,411 | €6,808 | -€9,604 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,411 | €6,808 | -€9,604 | -58.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.