TRAVELGROUP: what changed
What changed
TRAVELGROUP
NACE 79.120, Travel agency, tour operator and other reservation service and related activities
filed annual accounts (NBB)
Net result for the year
-€8,803
2025 · -€7,304-€1,498
Equity
€173,870
2025 · €182,673-€8,803
Cash
€109,350
2025 · €118,629-€9,279
Balance sheet total
€370,383
2025 · €383,162-€12,780
Largest movements
Assets
- Cash -€9,279
down €9,279 (-7.8%), from €118,629 to €109,350
mainly Net result for the year (-€8,803) and Other debts (-€4,737)
Equity and liabilities
- Profit (loss) carried forward -€8,803
down €8,803 (-7.7%), from €114,473 to €105,670
- Other debts -€4,737
down €4,737 (-18.7%), from €25,282 to €20,545
Income statement
- Financial income -€4,242
down €4,242 (-95.5%), from €4,440 to €198
- Gross operating margin +€3,575
up €3,575 (+31.8%), from -€11,241 to -€7,666
- Financial charges +€769
up €769 (+663%), from €116 to €885
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
-€7,304
Gross operating margin
+€3,575
Other operating charges
-€12
Financial income
-€4,242
Financial charges
-€769
Taxes
-€50
Result 2026
-€8,803
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€9,279
Investment
€0
Financing
€0
Cash 2025
€118,629
From operations (derived)
-€9,279
Net result for the year
-€8,803
Receivables within one year
+€3,500
Trade debts
+€760
Other debts
-€4,737
Cash 2026
€109,350
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €383,162 | €370,383 | -€12,780 | -3.3% |
| Current assets | 29/58 | €383,162 | €370,383 | -€12,780 | -3.3% |
| Amounts receivable after more than one year | 29 | €255,000 | €255,000 | = | 0.0% |
| Trade receivables | 290 | €255,000 | €255,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,533 | €6,033 | -€3,500 | -36.7% |
| Trade receivables | 40 | €7,104 | €5,496 | -€1,608 | -22.6% |
| Other amounts receivable | 41 | €2,429 | €536 | -€1,893 | -77.9% |
| Cash at bank and in hand | 54/58 | €118,629 | €109,350 | -€9,279 | -7.8% |
| Total equity and liabilities | 10/49 | €383,162 | €370,383 | -€12,780 | -3.3% |
| Equity | 10/15 | €182,673 | €173,870 | -€8,803 | -4.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,473 | €105,670 | -€8,803 | -7.7% |
| Amounts payable | 17/49 | €200,489 | €196,512 | -€3,977 | -2.0% |
| Amounts payable within one year | 42/48 | €28,289 | €24,312 | -€3,977 | -14.1% |
| Trade debts | 44 | €3,007 | €3,767 | +€760 | +25.3% |
| Suppliers | 440/4 | €3,007 | €3,767 | +€760 | +25.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €25,282 | €20,545 | -€4,737 | -18.7% |
| Accrued charges and deferred income | 492/3 | €172,200 | €172,200 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€11,241 | -€7,666 | +€3,575 | +31.8% |
| Operating profit (loss) | 9901 | -€11,628 | -€8,066 | +€3,562 | +30.6% |
| Financial income | 75/76B | €4,440 | €198 | -€4,242 | -95.5% |
| Recurring financial income | 75 | €4,440 | €198 | -€4,242 | -95.5% |
| Financial charges | 65/66B | €116 | €885 | +€769 | +663% |
| Recurring financial charges | 65 | €116 | €885 | +€769 | +663% |
| Profit (loss) for the period before taxes | 9903 | -€7,304 | -€8,753 | -€1,449 | -19.8% |
| Income taxes | 67/77 | €0 | €50 | +€50 | |
| Profit (loss) for the period | 9904 | -€7,304 | -€8,803 | -€1,498 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,304 | -€8,803 | -€1,498 | -20.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.