Bungeneers: 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
Bungeneers
NACE 55.100, Hotels and similar accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€70,560
2024 · -€44,707-€25,853
Equity
€318,670
2024 · €389,230-€70,560
Cash
€1,860
2024 · €7,624-€5,765
Balance sheet total
€999,245
2024 · €1.1m-€111,204
Largest movements
Assets
- Tangible fixed assets -€102,388
down €102,388 (-9.5%), from €1.1m to €978,206
of which Land and buildings: -€76,705
Equity and liabilities
- Reserves -€36,393
down €36,393 (-21.6%), from €168,638 to €132,246
of which Tax-exempt reserves: -€36,393
- Profit (loss) carried forward -€34,167
down €34,167 (-36.0%), from -€94,999 to -€129,166
- Debts after one year -€29,479
down €29,479 (-4.5%), from €656,945 to €627,466
Income statement
- Gross operating margin -€31,799
down €31,799 (-31.3%), from €101,535 to €69,737
- Staff costs -€2,575
down €2,575 (-30.9%), from €8,328 to €5,752
- Depreciation -€2,575
down €2,575 (-2.2%), from €116,803 to €114,229
- Financial charges -€2,084
down €2,084 (-12.3%), from €16,888 to €14,804
- Other operating charges +€1,279
up €1,279 (+29.0%), from €4,405 to €5,684
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
-€44,707
Gross operating margin
-€31,799
Staff costs
+€2,575
Depreciation
+€2,575
Write-downs
+€0
Other operating charges
-€1,279
Financial income
-€50
Financial charges
+€2,084
Taxes
+€40
Result 2025
-€70,560
raises the resultlowers the result
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
+€29,176
Investment
-€6,881
Financing
-€28,060
Cash 2024
€7,624
From operations (derived)
+€29,176
Net result for the year
-€70,560
Depreciation
+€114,229
Receivables after one year
+€1,668
Stocks and contracts
-€825
Receivables within one year
+€11
Deferred charges and accrued income
-€2,763
Trade debts
-€9,045
Tax, wage and social debts
-€496
Advances received
-€482
Other debts
-€2,561
Investment (derived)
-€6,881
Investment in fixed assets (net)
-€6,881
Financing
-€28,060
Debts after one year
-€29,479
Current portion of long-term debt
+€1,419
Cash 2025
€1,860
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,110,449 | €999,245 | -€111,204 | -10.0% |
| Fixed assets | 21/28 | €1,085,554 | €978,206 | -€107,348 | -9.9% |
| Tangible fixed assets | 22/27 | €1,080,594 | €978,206 | -€102,388 | -9.5% |
| Land and buildings | 22 | €986,796 | €910,092 | -€76,705 | -7.8% |
| Plant, machinery and equipment | 23 | €40,855 | €27,543 | -€13,312 | -32.6% |
| Furniture and vehicles | 24 | €52,943 | €40,572 | -€12,372 | -23.4% |
| Financial fixed assets | 28 | €4,960 | €0 | -€4,960 | -100% |
| Current assets | 29/58 | €24,894 | €21,038 | -€3,856 | -15.5% |
| Amounts receivable after more than one year | 29 | €2,077 | €409 | -€1,668 | -80.3% |
| Other amounts receivable | 291 | €2,077 | €409 | -€1,668 | -80.3% |
| Stocks and contracts in progress | 3 | €4,105 | €4,930 | +€825 | +20.1% |
| Stocks | 30/36 | €4,105 | €4,930 | +€825 | +20.1% |
| Amounts receivable within one year | 40/41 | €5,816 | €5,805 | -€11 | -0.2% |
| Trade receivables | 40 | €2,419 | €2,883 | +€464 | +19.2% |
| Other amounts receivable | 41 | €3,396 | €2,921 | -€475 | -14.0% |
| Cash at bank and in hand | 54/58 | €7,624 | €1,860 | -€5,765 | -75.6% |
| Deferred charges and accrued income | 490/1 | €5,272 | €8,035 | +€2,763 | +52.4% |
| Total equity and liabilities | 10/49 | €1,110,449 | €999,245 | -€111,204 | -10.0% |
| Equity | 10/15 | €389,230 | €318,670 | -€70,560 | -18.1% |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Revaluation surpluses | 12 | €221,991 | €221,991 | = | 0.0% |
| Reserves | 13 | €168,638 | €132,246 | -€36,393 | -21.6% |
| Tax-exempt reserves | 132 | €159,278 | €122,886 | -€36,393 | -22.8% |
| Distributable reserves | 133 | €9,360 | €9,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,999 | -€129,166 | -€34,167 | -36.0% |
| Amounts payable | 17/49 | €721,218 | €680,574 | -€40,644 | -5.6% |
| Amounts payable after more than one year | 17 | €656,945 | €627,466 | -€29,479 | -4.5% |
| Financial debts | 170/4 | €656,945 | €627,466 | -€29,479 | -4.5% |
| Amounts payable within one year | 42/48 | €64,273 | €53,108 | -€11,165 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €36,443 | €37,862 | +€1,419 | +3.9% |
| Trade debts | 44 | €17,528 | €8,483 | -€9,045 | -51.6% |
| Suppliers | 440/4 | €17,528 | €8,483 | -€9,045 | -51.6% |
| Advances received on contracts in progress | 46 | €2,325 | €1,843 | -€482 | -20.7% |
| Taxes, remuneration and social security | 45 | €1,541 | €1,045 | -€496 | -32.2% |
| Taxes | 450/3 | €1,116 | €778 | -€338 | -30.3% |
| Remuneration and social security | 454/9 | €426 | €268 | -€158 | -37.1% |
| Other amounts payable | 47/48 | €6,436 | €3,875 | -€2,561 | -39.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €9,132 | €0 | -€9,132 | -100% |
| Remuneration, social security and pensions | 62 | €8,328 | €5,752 | -€2,575 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,803 | €114,229 | -€2,575 | -2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€419 | -€419 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,405 | €5,684 | +€1,279 | +29.0% |
| Gross operating margin | 9900 | €101,535 | €69,737 | -€31,799 | -31.3% |
| Operating profit (loss) | 9901 | -€27,582 | -€55,509 | -€27,927 | -101% |
| Financial income | 75/76B | €80 | €30 | -€50 | -62.6% |
| Recurring financial income | 75 | €80 | €30 | -€50 | -62.6% |
| Financial charges | 65/66B | €16,888 | €14,804 | -€2,084 | -12.3% |
| Recurring financial charges | 65 | €16,888 | €14,804 | -€2,084 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | -€44,390 | -€70,283 | -€25,893 | -58.3% |
| Income taxes | 67/77 | €318 | €278 | -€40 | -12.7% |
| Profit (loss) for the period | 9904 | -€44,707 | -€70,560 | -€25,853 | -57.8% |
| Transfer from tax-exempt reserves | 789 | €36,393 | €36,393 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,315 | -€34,167 | -€25,853 | -311% |
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 18 October 2026 via checked.be.