TRAVESCAUT: 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.
TRAVESCAUT
Largest movements
- Financial fixed assets +€721,469
up €721,469 (+81987.9%), from €880 to €722,349
- Tangible fixed assets +€341,217
up €341,217 (+28.1%), from €1.2m to €1.6m
of which Leasing and similar rights: +€360,168
- Receivables within one year +€203,333
up €203,333 (+32.2%), from €630,594 to €833,927
of which Trade receivables: +€130,687
- Cash +€47,212
up €47,212 (+53.1%), from €88,867 to €136,079
mainly Debts after one year (+€863,327) and Depreciation (+€324,743)
- Debts after one year +€863,327
up €863,327 (+144.6%), from €597,086 to €1.5m
- Profit (loss) carried forward +€189,971
up €189,971 (+62.4%), from €304,586 to €494,557
- Trade debts +€126,995
up €126,995 (+28.8%), from €440,716 to €567,711
- Current portion of long-term debt +€108,246
up €108,246 (+105.2%), from €102,852 to €211,098
- Tax, wage and social debts -€66,801
down €66,801 (-52.8%), from €126,419 to €59,619
of which Taxes: -€63,711
- Staff costs +€227,630
up €227,630 (+43.1%), from €528,008 to €755,639
- Gross operating margin +€213,023
up €213,023 (+18.2%), from €1.2m to €1.4m
- Depreciation +€91,764
up €91,764 (+39.4%), from €232,979 to €324,743
- Financial charges +€57,977
up €57,977 (+181.4%), from €31,967 to €89,944
- Taxes -€36,745
down €36,745 (-50.3%), from €72,994 to €36,249
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 | €1,982,111 | €3,296,420 | +€1.3m | +66.3% |
| Fixed assets | 21/28 | €1,213,998 | €2,276,684 | +€1.1m | +87.5% |
| Tangible fixed assets | 22/27 | €1,213,118 | €1,554,335 | +€341,217 | +28.1% |
| Plant, machinery and equipment | 23 | €840,303 | €806,427 | -€33,876 | -4.0% |
| Furniture and vehicles | 24 | €233,513 | €248,878 | +€15,365 | +6.6% |
| Leasing and similar rights | 25 | €137,362 | €497,530 | +€360,168 | +262.2% |
| Other tangible fixed assets | 26 | €1,940 | €1,501 | -€440 | -22.7% |
| Financial fixed assets | 28 | €880 | €722,349 | +€721,469 | +81987.9% |
| Current assets | 29/58 | €768,113 | €1,019,735 | +€251,622 | +32.8% |
| Amounts receivable within one year | 40/41 | €630,594 | €833,927 | +€203,333 | +32.2% |
| Trade receivables | 40 | €538,381 | €669,068 | +€130,687 | +24.3% |
| Other amounts receivable | 41 | €92,214 | €164,860 | +€72,646 | +78.8% |
| Cash at bank and in hand | 54/58 | €88,867 | €136,079 | +€47,212 | +53.1% |
| Deferred charges and accrued income | 490/1 | €48,652 | €49,729 | +€1,077 | +2.2% |
| Total equity and liabilities | 10/49 | €1,982,111 | €3,296,420 | +€1.3m | +66.3% |
| Equity | 10/15 | €353,445 | €547,408 | +€193,962 | +54.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €304,586 | €494,557 | +€189,971 | +62.4% |
| Investment grants | 15 | €33,859 | €37,850 | +€3,991 | +11.8% |
| Amounts payable | 17/49 | €1,628,666 | €2,749,012 | +€1.1m | +68.8% |
| Amounts payable after more than one year | 17 | €597,086 | €1,460,412 | +€863,327 | +144.6% |
| Financial debts | 170/4 | €597,086 | €1,460,412 | +€863,327 | +144.6% |
| Amounts payable within one year | 42/48 | €1,027,380 | €1,246,379 | +€218,999 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €102,852 | €211,098 | +€108,246 | +105.2% |
| Financial debts | 43 | €100,000 | €150,485 | +€50,485 | +50.5% |
| Credit institutions | 430/8 | €100,000 | €150,485 | +€50,485 | +50.5% |
| Trade debts | 44 | €440,716 | €567,711 | +€126,995 | +28.8% |
| Suppliers | 440/4 | €440,716 | €567,711 | +€126,995 | +28.8% |
| Taxes, remuneration and social security | 45 | €126,419 | €59,619 | -€66,801 | -52.8% |
| Taxes | 450/3 | €76,122 | €12,411 | -€63,711 | -83.7% |
| Remuneration and social security | 454/9 | €50,297 | €47,208 | -€3,089 | -6.1% |
| Other amounts payable | 47/48 | €257,393 | €257,467 | +€75 | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,200 | €42,221 | +€38,021 | +905.3% |
| Remuneration, social security and pensions | 62 | €528,008 | €755,639 | +€227,630 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232,979 | €324,743 | +€91,764 | +39.4% |
| Other operating charges | 640/8 | €8,634 | €5,641 | -€2,994 | -34.7% |
| Gross operating margin | 9900 | €1,172,851 | €1,385,875 | +€213,023 | +18.2% |
| Operating profit (loss) | 9901 | €403,230 | €299,852 | -€103,377 | -25.6% |
| Financial income | 75/76B | €6,317 | €16,312 | +€9,995 | +158.2% |
| Recurring financial income | 75 | €6,317 | €16,312 | +€9,995 | +158.2% |
| Financial charges | 65/66B | €31,967 | €89,944 | +€57,977 | +181.4% |
| Recurring financial charges | 65 | €31,967 | €89,944 | +€57,977 | +181.4% |
| Profit (loss) for the period before taxes | 9903 | €377,580 | €226,220 | -€151,360 | -40.1% |
| Income taxes | 67/77 | €72,994 | €36,249 | -€36,745 | -50.3% |
| Profit (loss) for the period | 9904 | €304,586 | €189,971 | -€114,615 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €304,586 | €189,971 | -€114,615 | -37.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.