CONCORDE HOTEL: 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.
CONCORDE HOTEL
Largest movements
- Receivables within one year -€384,526
down €384,526 (-56.9%), from €675,833 to €291,307
of which Other amounts receivable: -€264,965
- Tangible fixed assets -€29,925
down €29,925 (-26.2%), from €114,029 to €84,103
of which Plant, machinery and equipment: -€24,740
- Other debts -€200,471
down €200,471 (-95.9%), from €209,000 to €8,529
- Trade debts -€160,364
down €160,364 (-54.2%), from €295,638 to €135,274
- Accrued charges and deferred income -€125,186
no longer reported in 2024 (was €125,186)
- Profit (loss) carried forward +€59,894
up €59,894 (+58.9%), from €101,670 to €161,564
- Tax, wage and social debts +€20,770
up €20,770 (+27.6%), from €75,362 to €96,132
of which Taxes: +€23,071
- Gross operating margin +€23,834
up €23,834 (+9.7%), from €246,342 to €270,177
- Depreciation +€21,428
up €21,428 (+252%), from €8,497 to €29,925
- Staff costs -€11,410
down €11,410 (-8.6%), from €132,771 to €121,361
- Financial charges +€7,091
up €7,091 (+39.8%), from €17,801 to €24,892
- Other operating charges +€6,063
up €6,063 (+164%), from €3,700 to €9,762
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 | €813,561 | €407,699 | -€405,862 | -49.9% |
| Fixed assets | 21/28 | €115,429 | €85,503 | -€29,925 | -25.9% |
| Tangible fixed assets | 22/27 | €114,029 | €84,103 | -€29,925 | -26.2% |
| Plant, machinery and equipment | 23 | €72,935 | €48,196 | -€24,740 | -33.9% |
| Furniture and vehicles | 24 | €1,005 | €328 | -€677 | -67.4% |
| Other tangible fixed assets | 26 | €40,088 | €35,580 | -€4,508 | -11.2% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €698,133 | €322,196 | -€375,937 | -53.8% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €675,833 | €291,307 | -€384,526 | -56.9% |
| Trade receivables | 40 | €272,144 | €152,583 | -€119,561 | -43.9% |
| Other amounts receivable | 41 | €403,689 | €138,724 | -€264,965 | -65.6% |
| Cash at bank and in hand | 54/58 | €20,800 | €22,487 | +€1,687 | +8.1% |
| Deferred charges and accrued income | 490/1 | €0 | €6,902 | +€6,902 | |
| Total equity and liabilities | 10/49 | €813,561 | €407,699 | -€405,862 | -49.9% |
| Equity | 10/15 | €107,870 | €167,764 | +€59,894 | +55.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,670 | €161,564 | +€59,894 | +58.9% |
| Amounts payable | 17/49 | €705,691 | €239,936 | -€465,756 | -66.0% |
| Amounts payable within one year | 42/48 | €580,505 | €239,936 | -€340,570 | -58.7% |
| Trade debts | 44 | €295,638 | €135,274 | -€160,364 | -54.2% |
| Suppliers | 440/4 | €295,638 | €135,274 | -€160,364 | -54.2% |
| Advances received on contracts in progress | 46 | €505 | - | -€505 | |
| Taxes, remuneration and social security | 45 | €75,362 | €96,132 | +€20,770 | +27.6% |
| Taxes | 450/3 | €36,110 | €59,181 | +€23,071 | +63.9% |
| Remuneration and social security | 454/9 | €39,252 | €36,951 | -€2,301 | -5.9% |
| Other amounts payable | 47/48 | €209,000 | €8,529 | -€200,471 | -95.9% |
| Accrued charges and deferred income | 492/3 | €125,186 | - | -€125,186 | |
| Remuneration, social security and pensions | 62 | €132,771 | €121,361 | -€11,410 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,497 | €29,925 | +€21,428 | +252% |
| Other operating charges | 640/8 | €3,700 | €9,762 | +€6,063 | +164% |
| Gross operating margin | 9900 | €246,342 | €270,177 | +€23,834 | +9.7% |
| Operating profit (loss) | 9901 | €101,375 | €109,129 | +€7,754 | +7.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €17,801 | €24,892 | +€7,091 | +39.8% |
| Recurring financial charges | 65 | €17,801 | €24,892 | +€7,091 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €83,575 | €84,237 | +€662 | +0.8% |
| Income taxes | 67/77 | €22,360 | €24,343 | +€1,983 | +8.9% |
| Profit (loss) for the period | 9904 | €61,215 | €59,894 | -€1,321 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,215 | €59,894 | -€1,321 | -2.2% |
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 15 October 2026 via checked.be.