Travo Build: 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.
Travo Build
Largest movements
- Stocks and contracts +€86,354
up €86,354 (+89.3%), from €96,722 to €183,076
- Receivables within one year -€12,263
down €12,263 (-99.9%), from €12,273 to €10
of which Trade receivables: -€12,273
- Cash +€4,868
up €4,868 (+34.2%), from €14,222 to €19,090
mainly Other debts (+€55,097) and Net result for the year (+€22,936)
- Other debts +€55,097
up €55,097 (+124%), from €44,348 to €99,445
- Reserves +€22,936
up €22,936 (+210%), from €10,940 to €33,876
- Gross operating margin +€6,915
up €6,915 (+29.0%), from €23,836 to €30,751
- Taxes +€2,999
up €2,999 (+110%), from €2,735 to €5,734
- Other operating charges +€340
up €340 (+34.8%), from €976 to €1,316
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 | €123,507 | €202,705 | +€79,198 | +64.1% |
| Fixed assets | 21/28 | - | €500 | +€500 | |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €123,507 | €202,205 | +€78,698 | +63.7% |
| Stocks and contracts in progress | 3 | €96,722 | €183,076 | +€86,354 | +89.3% |
| Stocks | 30/36 | €96,722 | €183,076 | +€86,354 | +89.3% |
| Amounts receivable within one year | 40/41 | €12,273 | €10 | -€12,263 | -99.9% |
| Trade receivables | 40 | €12,273 | €0 | -€12,273 | -100% |
| Other amounts receivable | 41 | €0 | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €14,222 | €19,090 | +€4,868 | +34.2% |
| Deferred charges and accrued income | 490/1 | €291 | €29 | -€262 | -90.0% |
| Total equity and liabilities | 10/49 | €123,507 | €202,705 | +€79,198 | +64.1% |
| Equity | 10/15 | €50,940 | €73,876 | +€22,936 | +45.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €10,940 | €33,876 | +€22,936 | +210% |
| Distributable reserves | 133 | €10,940 | €33,876 | +€22,936 | +210% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €72,567 | €128,829 | +€56,262 | +77.5% |
| Amounts payable within one year | 42/48 | €72,565 | €128,197 | +€55,632 | +76.7% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €17,270 | €17,468 | +€198 | +1.1% |
| Suppliers | 440/4 | €17,270 | €17,468 | +€198 | +1.1% |
| Taxes, remuneration and social security | 45 | €10,946 | €11,283 | +€337 | +3.1% |
| Taxes | 450/3 | €10,946 | €11,283 | +€337 | +3.1% |
| Other amounts payable | 47/48 | €44,348 | €99,445 | +€55,097 | +124% |
| Accrued charges and deferred income | 492/3 | €2 | €632 | +€630 | +30,162% |
| Other operating charges | 640/8 | €976 | €1,316 | +€340 | +34.8% |
| Gross operating margin | 9900 | €23,836 | €30,751 | +€6,915 | +29.0% |
| Operating profit (loss) | 9901 | €22,860 | €29,435 | +€6,575 | +28.8% |
| Financial income | 75/76B | €52 | €93 | +€41 | +77.8% |
| Recurring financial income | 75 | €52 | €93 | +€41 | +77.8% |
| Financial charges | 65/66B | €1,074 | €858 | -€216 | -20.1% |
| Recurring financial charges | 65 | €1,074 | €858 | -€216 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €21,838 | €28,670 | +€6,831 | +31.3% |
| Income taxes | 67/77 | €2,735 | €5,734 | +€2,999 | +110% |
| Profit (loss) for the period | 9904 | €19,103 | €22,936 | +€3,832 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,103 | €22,936 | +€3,832 | +20.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.