TRAVIE: 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.
What changed
TRAVIE
NACE 88.993, Social work activities without accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€36,871
2024 · €345,798-€308,927
Equity
€6.0m
2024 · €6.1m-€70,975
Cash
€615,514
2024 · €873,288-€257,774
Balance sheet total
€9.0m
2024 · €9.0m-€93,108
Largest movements
Assets
- Current investments +€400,000
up €400,000 (+16.7%), from €2.4m to €2.8m
- Cash -€257,774
down €257,774 (-29.5%), from €873,288 to €615,514
mainly Current investments (-€400,000) and Contributions, distributions and other (-€107,846)
- Tangible fixed assets -€240,727
down €240,727 (-5.5%), from €4.3m to €4.1m
of which Land and buildings: -€163,646
Equity and liabilities
- Investment grants -€107,846
down €107,846 (-2.9%), from €3.7m to €3.6m
Income statement
- Staff costs +€303,072
up €303,072 (+2.8%), from €10.9m to €11.2m
- Turnover -€184,873
down €184,873 (-4.4%), from €4.2m to €4.0m
- Services and other goods -€54,358
down €54,358 (-6.4%), from €847,731 to €793,373
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.
Result 2024
€345,798
Turnover
-€184,873
Other operating income
+€15,927
Goods and materials
+€30,085
Services and other goods
+€54,358
Staff costs
-€303,072
Depreciation
+€14,632
Write-downs
+€28,176
Other operating charges
+€5,485
Other operating items
+€49,344
Financial income
-€23,617
Financial charges
+€196
Taxes
+€4,432
Result 2025
€36,871
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€320,497
Investment
-€470,425
Financing
-€107,846
Cash 2024
€873,288
From operations (derived)
+€320,497
Net result for the year
+€36,871
Depreciation
+€312,682
Stocks and contracts
-€24,463
Receivables within one year
+€16,910
Deferred charges and accrued income
+€630
Debts within one year
-€18,821
Accrued charges and deferred income
-€3,312
Investment (derived)
-€470,425
Investment in fixed assets (net)
-€70,425
Current investments
-€400,000
Financing
-€107,846
Contributions, distributions and other
-€107,846
Cash 2025
€615,514
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,047,320 | €8,954,212 | -€93,108 | -1.0% |
| Fixed assets | 21/28 | €4,350,480 | €4,108,223 | -€242,257 | -5.6% |
| Tangible fixed assets | 22/27 | €4,342,715 | €4,101,988 | -€240,727 | -5.5% |
| Land and buildings | 22 | €3,973,554 | €3,809,908 | -€163,646 | -4.1% |
| Plant, machinery and equipment | 23 | €191,897 | €158,594 | -€33,303 | -17.4% |
| Furniture and vehicles | 24 | €177,264 | €133,486 | -€43,778 | -24.7% |
| Financial fixed assets | 28 | €7,765 | €6,235 | -€1,530 | -19.7% |
| Other financial fixed assets | 284/8 | €7,765 | €6,235 | -€1,530 | -19.7% |
| Amounts receivable and cash guarantees | 285/8 | €7,765 | €6,235 | -€1,530 | -19.7% |
| Current assets | 29/58 | €4,696,840 | €4,845,989 | +€149,149 | +3.2% |
| Stocks and contracts in progress | 3 | €108,691 | €133,154 | +€24,463 | +22.5% |
| Stocks | 30/36 | €97,600 | €84,772 | -€12,828 | -13.1% |
| Raw materials and consumables | 30/31 | €97,600 | €84,772 | -€12,828 | -13.1% |
| Contracts in progress | 37 | €11,091 | €48,382 | +€37,291 | +336% |
| Amounts receivable within one year | 40/41 | €1,208,161 | €1,191,251 | -€16,910 | -1.4% |
| Trade receivables | 40 | €631,749 | €688,809 | +€57,060 | +9.0% |
| Other amounts receivable | 41 | €576,412 | €502,442 | -€73,970 | -12.8% |
| Current investments | 50/53 | €2,400,000 | €2,800,000 | +€400,000 | +16.7% |
| Cash at bank and in hand | 54/58 | €873,288 | €615,514 | -€257,774 | -29.5% |
| Deferred charges and accrued income | 490/1 | €106,700 | €106,070 | -€630 | -0.6% |
| Total equity and liabilities | 10/49 | €9,047,320 | €8,954,212 | -€93,108 | -1.0% |
| Equity | 10/15 | €6,050,049 | €5,979,074 | -€70,975 | -1.2% |
| Contributions | 10/11 | €214,325 | €214,325 | = | 0.0% |
| Capital | 10 | €214,325 | €214,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,164,902 | €2,201,773 | +€36,871 | +1.7% |
| Investment grants | 15 | €3,670,822 | €3,562,976 | -€107,846 | -2.9% |
| Provisions and deferred taxes | 16 | €111,130 | €111,130 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €111,130 | €111,130 | = | 0.0% |
| Other liabilities and charges | 164/5 | €111,130 | €111,130 | = | 0.0% |
| Amounts payable | 17/49 | €2,886,141 | €2,864,008 | -€22,133 | -0.8% |
| Amounts payable after more than one year | 17 | €21,835 | €21,835 | = | 0.0% |
| Advances received on contracts in progress | 176 | €21,835 | €21,835 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,735,924 | €2,717,103 | -€18,821 | -0.7% |
| Trade debts | 44 | €331,756 | €290,515 | -€41,241 | -12.4% |
| Suppliers | 440/4 | €331,756 | €290,515 | -€41,241 | -12.4% |
| Taxes, remuneration and social security | 45 | €2,044,069 | €2,059,928 | +€15,859 | +0.8% |
| Taxes | 450/3 | €250,269 | €295,352 | +€45,083 | +18.0% |
| Remuneration and social security | 454/9 | €1,793,800 | €1,764,576 | -€29,224 | -1.6% |
| Accrued charges and deferred income | 492/3 | €128,382 | €125,070 | -€3,312 | -2.6% |
| Operating income | 70/76A | €12,495,389 | €12,375,671 | -€119,718 | -1.0% |
| Turnover | 70 | €4,199,547 | €4,014,674 | -€184,873 | -4.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€19,620 | €37,291 | +€56,911 | |
| Membership fees, donations, legacies and grants | 73 | €8,283,316 | €8,276,978 | -€6,338 | -0.1% |
| Other operating income | 74 | €30,476 | €46,403 | +€15,927 | +52.3% |
| Non-recurring operating income | 76A | €1,670 | €325 | -€1,345 | -80.5% |
| Operating charges | 60/66A | €12,313,005 | €12,483,225 | +€170,220 | +1.4% |
| Goods for resale, raw materials and consumables | 60 | €218,007 | €187,922 | -€30,085 | -13.8% |
| Purchases | 600/8 | €229,281 | €175,095 | -€54,186 | -23.6% |
| Change in stocks: decrease (increase) | 609 | -€11,274 | €12,827 | +€24,101 | |
| Services and other goods | 61 | €847,731 | €793,373 | -€54,358 | -6.4% |
| Remuneration, social security and pensions | 62 | €10,873,137 | €11,176,209 | +€303,072 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €327,314 | €312,682 | -€14,632 | -4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,176 | - | -€28,176 | |
| Other operating charges | 640/8 | €17,870 | €12,385 | -€5,485 | -30.7% |
| Non-recurring operating charges | 66A | €770 | €654 | -€116 | -15.1% |
| Operating profit (loss) | 9901 | €182,384 | -€107,554 | -€289,938 | |
| Financial income | 75/76B | €190,426 | €166,809 | -€23,617 | -12.4% |
| Recurring financial income | 75 | €190,426 | €166,809 | -€23,617 | -12.4% |
| Income from current assets | 751 | €73,917 | €58,963 | -€14,954 | -20.2% |
| Other financial income | 752/9 | €116,509 | €107,846 | -€8,663 | -7.4% |
| Financial charges | 65/66B | €2,156 | €1,960 | -€196 | -9.1% |
| Recurring financial charges | 65 | €2,156 | €1,960 | -€196 | -9.1% |
| Debt charges | 650 | €128 | €0 | -€128 | -100% |
| Other financial charges | 652/9 | €2,028 | €1,960 | -€68 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €370,654 | €57,295 | -€313,359 | -84.5% |
| Income taxes | 67/77 | €24,856 | €20,424 | -€4,432 | -17.8% |
| Taxes | 670/3 | €24,856 | €20,424 | -€4,432 | -17.8% |
| Profit (loss) for the period | 9904 | €345,798 | €36,871 | -€308,927 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €345,798 | €36,871 | -€308,927 | -89.3% |
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 21 October 2026 via checked.be.