UNIVERSAL TRAVEL: what changed
UNIVERSAL TRAVEL
Largest movements
- Cash +€15,676
up €15,676 (+3.2%), from €486,648 to €502,325
mainly Net result for the year (+€47,412) and Tax, wage and social debts (+€16,596)
- Receivables within one year +€10,691
up €10,691 (+2.7%), from €394,884 to €405,575
of which Trade receivables: +€10,153
- Reserves +€47,412
up €47,412 (+20.5%), from €231,211 to €278,623
of which Distributable reserves: +€47,412
- Other debts -€26,083
down €26,083 (-29.0%), from €89,847 to €63,764
- Tax, wage and social debts +€16,596
up €16,596 (+53.5%), from €31,021 to €47,617
of which Remuneration and social security: +€14,813
- Short-term financial debts -€11,706
down €11,706 (-4.5%), from €261,706 to €250,000
- Gross operating margin -€12,461
down €12,461 (-4.5%), from €276,234 to €263,774
- Staff costs +€11,958
up €11,958 (+6.9%), from €172,092 to €184,050
- Financial charges +€4,398
up €4,398 (+15.3%), from €28,727 to €33,125
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €896,414 | €918,196 | +€21,782 | +2.4% |
| Fixed assets | 21/28 | €3,947 | €3,947 | = | 0.0% |
| Financial fixed assets | 28 | €3,947 | €3,947 | = | 0.0% |
| Current assets | 29/58 | €892,467 | €914,249 | +€21,782 | +2.4% |
| Amounts receivable within one year | 40/41 | €394,884 | €405,575 | +€10,691 | +2.7% |
| Trade receivables | 40 | €375,640 | €385,793 | +€10,153 | +2.7% |
| Other amounts receivable | 41 | €19,245 | €19,782 | +€537 | +2.8% |
| Cash at bank and in hand | 54/58 | €486,648 | €502,325 | +€15,676 | +3.2% |
| Deferred charges and accrued income | 490/1 | €10,935 | €6,349 | -€4,586 | -41.9% |
| Total equity and liabilities | 10/49 | €896,414 | €918,196 | +€21,782 | +2.4% |
| Equity | 10/15 | €306,211 | €353,623 | +€47,412 | +15.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €231,211 | €278,623 | +€47,412 | +20.5% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €223,711 | €271,123 | +€47,412 | +21.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €590,203 | €564,573 | -€25,630 | -4.3% |
| Amounts payable within one year | 42/48 | €590,203 | €564,573 | -€25,630 | -4.3% |
| Financial debts | 43 | €261,706 | €250,000 | -€11,706 | -4.5% |
| Credit institutions | 430/8 | €261,706 | €250,000 | -€11,706 | -4.5% |
| Trade debts | 44 | €207,630 | €203,192 | -€4,438 | -2.1% |
| Suppliers | 440/4 | €207,630 | €203,192 | -€4,438 | -2.1% |
| Taxes, remuneration and social security | 45 | €31,021 | €47,617 | +€16,596 | +53.5% |
| Taxes | 450/3 | €6,425 | €8,208 | +€1,783 | +27.8% |
| Remuneration and social security | 454/9 | €24,596 | €39,409 | +€14,813 | +60.2% |
| Other amounts payable | 47/48 | €89,847 | €63,764 | -€26,083 | -29.0% |
| Remuneration, social security and pensions | 62 | €172,092 | €184,050 | +€11,958 | +6.9% |
| Other operating charges | 640/8 | €107 | €487 | +€380 | +354% |
| Gross operating margin | 9900 | €276,234 | €263,774 | -€12,461 | -4.5% |
| Operating profit (loss) | 9901 | €104,035 | €79,236 | -€24,799 | -23.8% |
| Financial income | 75/76B | €3,700 | €1,302 | -€2,399 | -64.8% |
| Recurring financial income | 75 | €3,700 | €1,302 | -€2,399 | -64.8% |
| Financial charges | 65/66B | €28,727 | €33,125 | +€4,398 | +15.3% |
| Recurring financial charges | 65 | €28,727 | €33,125 | +€4,398 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €79,008 | €47,412 | -€31,596 | -40.0% |
| Profit (loss) for the period | 9904 | €79,008 | €47,412 | -€31,596 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,008 | €47,412 | -€31,596 | -40.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.