Travesmet: 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.
Travesmet
Largest movements
- Cash +€50,462
up €50,462 (+380.4%), from €13,267 to €63,729
mainly Net result for the year (+€44,672) and Tax, wage and social debts (+€8,626)
- Tangible fixed assets -€1,460
down €1,460 (-41.7%), from €3,501 to €2,041
- Receivables within one year +€793
up €793 (+6.9%), from €11,442 to €12,234
of which Trade receivables: +€797
- Profit (loss) carried forward +€44,672
up €44,672 (+393.5%), from €11,354 to €56,026
- Tax, wage and social debts +€8,626
up €8,626 (+98.5%), from €8,756 to €17,382
- Other debts -€3,541
down €3,541 (-75.8%), from €4,674 to €1,133
- Gross operating margin +€43,137
up €43,137 (+286.6%), from €15,050 to €58,187
- Taxes +€8,426
up €8,426 (+293.0%), from €2,876 to €11,301
- Depreciation +€1,609
up €1,609 (+391.3%), from €411 to €2,021
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 | €29,139 | €78,937 | +€49,797 | +170.9% |
| Fixed assets | 21/28 | €4,001 | €2,541 | -€1,460 | -36.5% |
| Tangible fixed assets | 22/27 | €3,501 | €2,041 | -€1,460 | -41.7% |
| Furniture and vehicles | 24 | €3,501 | €2,041 | -€1,460 | -41.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €25,138 | €76,395 | +€51,257 | +203.9% |
| Amounts receivable within one year | 40/41 | €11,442 | €12,234 | +€793 | +6.9% |
| Trade receivables | 40 | €11,438 | €12,234 | +€797 | +7.0% |
| Other amounts receivable | 41 | €4 | €0 | -€4 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,267 | €63,729 | +€50,462 | +380.4% |
| Deferred charges and accrued income | 490/1 | €430 | €432 | +€2 | +0.5% |
| Total equity and liabilities | 10/49 | €29,139 | €78,937 | +€49,797 | +170.9% |
| Equity | 10/15 | €14,354 | €59,026 | +€44,672 | +311.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,354 | €56,026 | +€44,672 | +393.5% |
| Amounts payable | 17/49 | €14,785 | €19,911 | +€5,126 | +34.7% |
| Amounts payable within one year | 42/48 | €14,785 | €19,911 | +€5,126 | +34.7% |
| Trade debts | 44 | €1,356 | €1,396 | +€41 | +3.0% |
| Suppliers | 440/4 | €1,356 | €1,396 | +€41 | +3.0% |
| Taxes, remuneration and social security | 45 | €8,756 | €17,382 | +€8,626 | +98.5% |
| Taxes | 450/3 | €8,756 | €17,382 | +€8,626 | +98.5% |
| Other amounts payable | 47/48 | €4,674 | €1,133 | -€3,541 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €411 | €2,021 | +€1,609 | +391.3% |
| Other operating charges | 640/8 | €380 | €141 | -€240 | -63.0% |
| Gross operating margin | 9900 | €15,050 | €58,187 | +€43,137 | +286.6% |
| Operating profit (loss) | 9901 | €14,258 | €56,025 | +€41,767 | +292.9% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €29 | €60 | +€31 | +108.4% |
| Recurring financial charges | 65 | €29 | €60 | +€31 | +108.4% |
| Profit (loss) for the period before taxes | 9903 | €14,229 | €55,973 | +€41,744 | +293.4% |
| Income taxes | 67/77 | €2,876 | €11,301 | +€8,426 | +293.0% |
| Profit (loss) for the period | 9904 | €11,354 | €44,672 | +€33,318 | +293.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,354 | €44,672 | +€33,318 | +293.5% |
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 3 October 2026 via checked.be.