TRAVOLA: 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.
TRAVOLA
Largest movements
- Receivables within one year +€15,790
up €15,790 (+11.2%), from €140,581 to €156,371
of which Other amounts receivable: +€24,160
- Cash +€4,966
up €4,966 (+248%), from €2,001 to €6,967
mainly Other debts (+€40,000) and Net result for the year (+€30,767)
- Other debts +€40,000
new in 2025: €40,000
- Profit (loss) carried forward -€9,233
down €9,233 (-8.5%), from €109,151 to €99,918
- Tax, wage and social debts -€7,209
down €7,209 (-31.1%), from €23,201 to €15,991
- Trade debts -€2,802
down €2,802 (-59.2%), from €4,730 to €1,928
- Taxes -€10,756
no longer reported in 2025 (was €10,756)
- Financial income -€5,993
no longer reported in 2025 (was €5,993)
- Gross operating margin -€4,902
down €4,902 (-12.5%), from €39,174 to €34,272
- Other operating charges -€3,348
down €3,348 (-70.2%), from €4,772 to €1,424
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 | €142,581 | €163,338 | +€20,756 | +14.6% |
| Current assets | 29/58 | €142,581 | €163,338 | +€20,756 | +14.6% |
| Amounts receivable within one year | 40/41 | €140,581 | €156,371 | +€15,790 | +11.2% |
| Trade receivables | 40 | €9,145 | €775 | -€8,370 | -91.5% |
| Other amounts receivable | 41 | €131,436 | €155,596 | +€24,160 | +18.4% |
| Cash at bank and in hand | 54/58 | €2,001 | €6,967 | +€4,966 | +248% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €142,581 | €163,338 | +€20,756 | +14.6% |
| Equity | 10/15 | €114,651 | €105,418 | -€9,233 | -8.1% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,151 | €99,918 | -€9,233 | -8.5% |
| Amounts payable | 17/49 | €27,930 | €57,919 | +€29,989 | +107% |
| Amounts payable within one year | 42/48 | €27,930 | €57,919 | +€29,989 | +107% |
| Trade debts | 44 | €4,730 | €1,928 | -€2,802 | -59.2% |
| Suppliers | 440/4 | €4,730 | €1,928 | -€2,802 | -59.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €23,201 | €15,991 | -€7,209 | -31.1% |
| Taxes | 450/3 | €23,201 | €15,991 | -€7,209 | -31.1% |
| Other amounts payable | 47/48 | - | €40,000 | +€40,000 | |
| Other operating charges | 640/8 | €4,772 | €1,424 | -€3,348 | -70.2% |
| Gross operating margin | 9900 | €39,174 | €34,272 | -€4,902 | -12.5% |
| Operating profit (loss) | 9901 | €34,402 | €32,848 | -€1,554 | -4.5% |
| Financial income | 75/76B | €5,993 | - | -€5,993 | |
| Recurring financial income | 75 | €5,993 | - | -€5,993 | |
| Financial charges | 65/66B | €2,254 | €2,081 | -€173 | -7.7% |
| Recurring financial charges | 65 | €2,254 | €2,081 | -€173 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €38,142 | €30,767 | -€7,374 | -19.3% |
| Income taxes | 67/77 | €10,756 | - | -€10,756 | |
| Profit (loss) for the period | 9904 | €27,386 | €30,767 | +€3,382 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,386 | €30,767 | +€3,382 | +12.3% |
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 21 October 2026 via checked.be.