VOYAGES VISA: 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.
VOYAGES VISA
Largest movements
- Cash -€350,449
down €350,449 (-71.6%), from €489,288 to €138,839
mainly Provisions (-€524,053) and Deferred charges and accrued income (-€186,472)
- Deferred charges and accrued income +€186,472
up €186,472 (+6.0%), from €3.1m to €3.3m
- Provisions -€524,053
no longer reported in 2024 (was €524,053)
- Profit (loss) carried forward +€243,693
up €243,693 (+33.5%), from €726,773 to €970,466
- Trade debts +€130,678
up €130,678 (+3.5%), from €3.7m to €3.9m
- Taxes -€560,311
no longer reported in 2024 (was €560,311)
- Gross operating margin -€540,968
down €540,968 (-67.6%), from €800,370 to €259,402
- Provisions +€250,947
up €250,947 (+32.4%), from -€775,000 to -€524,053
- Staff costs -€212,072
down €212,072 (-23.3%), from €911,665 to €699,593
- Other operating charges -€161,851
down €161,851 (-91.9%), from €176,200 to €14,349
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,945,187 | €7,786,464 | -€158,723 | -2.0% |
| Fixed assets | 21/28 | €127,861 | €126,995 | -€866 | -0.7% |
| Tangible fixed assets | 22/27 | €866 | - | -€866 | |
| Furniture and vehicles | 24 | €866 | - | -€866 | |
| Financial fixed assets | 28 | €126,995 | €126,995 | = | 0.0% |
| Current assets | 29/58 | €7,817,326 | €7,659,469 | -€157,858 | -2.0% |
| Amounts receivable after more than one year | 29 | €2,926,645 | €2,926,645 | = | 0.0% |
| Other amounts receivable | 291 | €2,926,645 | €2,926,645 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,278,113 | €1,284,232 | +€6,119 | +0.5% |
| Trade receivables | 40 | €1,277,983 | €1,283,854 | +€5,871 | +0.5% |
| Other amounts receivable | 41 | €130 | €379 | +€248 | +191% |
| Cash at bank and in hand | 54/58 | €489,288 | €138,839 | -€350,449 | -71.6% |
| Deferred charges and accrued income | 490/1 | €3,123,280 | €3,309,752 | +€186,472 | +6.0% |
| Total equity and liabilities | 10/49 | €7,945,187 | €7,786,464 | -€158,723 | -2.0% |
| Equity | 10/15 | €2,660,751 | €2,904,444 | +€243,693 | +9.2% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Reserves | 13 | €1,728,978 | €1,728,978 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,500 | €20,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,500 | €20,500 | = | 0.0% |
| Distributable reserves | 133 | €1,708,478 | €1,708,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | €726,773 | €970,466 | +€243,693 | +33.5% |
| Provisions and deferred taxes | 16 | €524,053 | - | -€524,053 | |
| Provisions for liabilities and charges | 160/5 | €524,053 | - | -€524,053 | |
| Other liabilities and charges | 164/5 | €524,053 | - | -€524,053 | |
| Amounts payable | 17/49 | €4,760,384 | €4,882,020 | +€121,637 | +2.6% |
| Amounts payable within one year | 42/48 | €4,674,419 | €4,796,056 | +€121,637 | +2.6% |
| Trade debts | 44 | €3,747,862 | €3,878,540 | +€130,678 | +3.5% |
| Suppliers | 440/4 | €3,747,862 | €3,878,540 | +€130,678 | +3.5% |
| Taxes, remuneration and social security | 45 | €694,632 | €620,372 | -€74,260 | -10.7% |
| Taxes | 450/3 | €558,779 | €525,960 | -€32,819 | -5.9% |
| Remuneration and social security | 454/9 | €135,853 | €94,412 | -€41,441 | -30.5% |
| Other amounts payable | 47/48 | €231,925 | €297,144 | +€65,218 | +28.1% |
| Accrued charges and deferred income | 492/3 | €85,964 | €85,964 | = | 0.0% |
| Non-recurring operating income | 76A | €238,675 | - | -€238,675 | |
| Remuneration, social security and pensions | 62 | €911,665 | €699,593 | -€212,072 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,336 | €866 | -€470 | -35.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€775,000 | -€524,053 | +€250,947 | +32.4% |
| Other operating charges | 640/8 | €176,200 | €14,349 | -€161,851 | -91.9% |
| Non-recurring operating charges | 66A | - | €1,801 | +€1,801 | |
| Gross operating margin | 9900 | €800,370 | €259,402 | -€540,968 | -67.6% |
| Operating profit (loss) | 9901 | €486,168 | €66,846 | -€419,322 | -86.3% |
| Financial income | 75/76B | €164,517 | €186,574 | +€22,057 | +13.4% |
| Recurring financial income | 75 | €164,517 | €186,574 | +€22,057 | +13.4% |
| Financial charges | 65/66B | €10,309 | €9,727 | -€581 | -5.6% |
| Recurring financial charges | 65 | €10,309 | €9,727 | -€581 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €640,376 | €243,693 | -€396,683 | -61.9% |
| Income taxes | 67/77 | €560,311 | - | -€560,311 | |
| Profit (loss) for the period | 9904 | €80,066 | €243,693 | +€163,628 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €80,066 | €243,693 | +€163,628 | +204% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.