TRAVEL360°: 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.
TRAVEL360°
Largest movements
- Cash +€50,488
up €50,488 (+36.6%), from €137,762 to €188,250
mainly Net result for the year (+€45,388) and Receivables within one year (+€32,340)
- Receivables within one year -€32,340
down €32,340 (-64.9%), from €49,807 to €17,467
of which Other amounts receivable: -€31,121
- Reserves +€50,000
up €50,000 (+49.1%), from €101,860 to €151,860
of which Distributable reserves: +€50,000
- Trade debts -€21,355
down €21,355 (-79.0%), from €27,036 to €5,681
- Tax, wage and social debts -€5,298
no longer reported in 2025 (was €5,298)
- Profit (loss) carried forward -€4,612
down €4,612 (-13.4%), from €34,474 to €29,863
- Taxes +€12,983
up €12,983 (+424%), from €3,062 to €16,045
- Gross operating margin +€12,279
up €12,279 (+25.1%), from €48,968 to €61,247
- Other operating charges -€5,635
down €5,635 (-92.4%), from €6,101 to €465
- Financial charges -€908
down €908 (-68.3%), from €1,329 to €421
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 | €188,337 | €206,072 | +€17,735 | +9.4% |
| Fixed assets | 21/28 | €768 | €355 | -€413 | -53.7% |
| Tangible fixed assets | 22/27 | €768 | €355 | -€413 | -53.7% |
| Plant, machinery and equipment | 23 | €768 | €355 | -€413 | -53.7% |
| Current assets | 29/58 | €187,569 | €205,717 | +€18,148 | +9.7% |
| Amounts receivable within one year | 40/41 | €49,807 | €17,467 | -€32,340 | -64.9% |
| Trade receivables | 40 | €1,219 | - | -€1,219 | |
| Other amounts receivable | 41 | €48,588 | €17,467 | -€31,121 | -64.1% |
| Cash at bank and in hand | 54/58 | €137,762 | €188,250 | +€50,488 | +36.6% |
| Total equity and liabilities | 10/49 | €188,337 | €206,072 | +€17,735 | +9.4% |
| Equity | 10/15 | €154,934 | €200,323 | +€45,388 | +29.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,860 | €151,860 | +€50,000 | +49.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Profit (loss) carried forward | 14 | €34,474 | €29,863 | -€4,612 | -13.4% |
| Amounts payable | 17/49 | €33,402 | €5,749 | -€27,653 | -82.8% |
| Amounts payable within one year | 42/48 | €33,402 | €5,749 | -€27,653 | -82.8% |
| Trade debts | 44 | €27,036 | €5,681 | -€21,355 | -79.0% |
| Suppliers | 440/4 | €27,036 | €5,681 | -€21,355 | -79.0% |
| Taxes, remuneration and social security | 45 | €5,298 | - | -€5,298 | |
| Taxes | 450/3 | €5,298 | - | -€5,298 | |
| Other amounts payable | 47/48 | €1,068 | €68 | -€1,000 | -93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | €413 | = | 0.0% |
| Other operating charges | 640/8 | €6,101 | €465 | -€5,635 | -92.4% |
| Gross operating margin | 9900 | €48,968 | €61,247 | +€12,279 | +25.1% |
| Operating profit (loss) | 9901 | €42,455 | €60,369 | +€17,914 | +42.2% |
| Financial income | 75/76B | €1,293 | €1,486 | +€193 | +14.9% |
| Recurring financial income | 75 | €1,293 | €1,486 | +€193 | +14.9% |
| Financial charges | 65/66B | €1,329 | €421 | -€908 | -68.3% |
| Recurring financial charges | 65 | €1,329 | €421 | -€908 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | €42,419 | €61,433 | +€19,014 | +44.8% |
| Income taxes | 67/77 | €3,062 | €16,045 | +€12,983 | +424% |
| Profit (loss) for the period | 9904 | €39,357 | €45,388 | +€6,032 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,357 | €45,388 | +€6,032 | +15.3% |
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 24 October 2026 via checked.be.