FACTORY 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.
FACTORY HOTEL
Largest movements
- Tangible fixed assets +€612,432
up €612,432 (+147%), from €416,093 to €1.0m
of which Land and buildings: +€634,707
- Cash -€56,248
down €56,248 (-78.8%), from €71,397 to €15,149
mainly Investment in fixed assets (net) (-€660,731) and Tax, wage and social debts (-€35,626)
- Receivables within one year +€11,154
up €11,154 (+37.7%), from €29,570 to €40,724
of which Other amounts receivable: +€6,164
- Debts after one year +€559,059
up €559,059 (+941%), from €59,437 to €618,496
- Tax, wage and social debts -€35,626
down €35,626 (-91.6%), from €38,883 to €3,257
of which Taxes: -€34,925
- Trade debts +€27,730
up €27,730 (+33.3%), from €83,308 to €111,038
- Other debts +€20,770
up €20,770 (+62.1%), from €33,444 to €54,214
- Gross operating margin -€118,341
down €118,341 (-45.5%), from €260,054 to €141,713
- Turnover -€94,470
down €94,470 (-15.4%), from €614,234 to €519,764
- Taxes -€39,355
down €39,355 (-99.8%), from €39,429 to €74
- Purchases and services +€35,179
up €35,179 (+9.8%), from €357,203 to €392,382
- Staff costs -€25,633
down €25,633 (-31.0%), from €82,610 to €56,977
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 | €521,906 | €1,098,665 | +€576,759 | +111% |
| Fixed assets | 21/28 | €419,093 | €1,031,525 | +€612,432 | +146% |
| Tangible fixed assets | 22/27 | €416,093 | €1,028,525 | +€612,432 | +147% |
| Land and buildings | 22 | €326,797 | €961,504 | +€634,707 | +194% |
| Plant, machinery and equipment | 23 | €46,746 | €34,932 | -€11,814 | -25.3% |
| Furniture and vehicles | 24 | €42,550 | €32,089 | -€10,461 | -24.6% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €102,813 | €67,140 | -€35,673 | -34.7% |
| Amounts receivable within one year | 40/41 | €29,570 | €40,724 | +€11,154 | +37.7% |
| Trade receivables | 40 | €29,570 | €34,560 | +€4,990 | +16.9% |
| Other amounts receivable | 41 | - | €6,164 | +€6,164 | |
| Cash at bank and in hand | 54/58 | €71,397 | €15,149 | -€56,248 | -78.8% |
| Deferred charges and accrued income | 490/1 | €1,846 | €11,267 | +€9,421 | +510% |
| Total equity and liabilities | 10/49 | €521,906 | €1,098,665 | +€576,759 | +111% |
| Equity | 10/15 | €284,584 | €291,010 | +€6,426 | +2.3% |
| Reserves | 13 | €284,584 | €291,010 | +€6,426 | +2.3% |
| Distributable reserves | 133 | €284,584 | €291,010 | +€6,426 | +2.3% |
| Amounts payable | 17/49 | €237,322 | €807,655 | +€570,333 | +240% |
| Amounts payable after more than one year | 17 | €59,437 | €618,496 | +€559,059 | +941% |
| Financial debts | 170/4 | €59,437 | €618,496 | +€559,059 | +941% |
| Amounts payable within one year | 42/48 | €176,868 | €188,754 | +€11,886 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €21,233 | €20,245 | -€988 | -4.7% |
| Trade debts | 44 | €83,308 | €111,038 | +€27,730 | +33.3% |
| Suppliers | 440/4 | €83,308 | €111,038 | +€27,730 | +33.3% |
| Taxes, remuneration and social security | 45 | €38,883 | €3,257 | -€35,626 | -91.6% |
| Taxes | 450/3 | €34,996 | €71 | -€34,925 | -99.8% |
| Remuneration and social security | 454/9 | €3,887 | €3,186 | -€701 | -18.0% |
| Other amounts payable | 47/48 | €33,444 | €54,214 | +€20,770 | +62.1% |
| Accrued charges and deferred income | 492/3 | €1,017 | €405 | -€612 | -60.2% |
| Turnover | 70 | €614,234 | €519,764 | -€94,470 | -15.4% |
| Non-recurring operating income | 76A | €3,023 | €14,331 | +€11,308 | +374% |
| Goods, raw materials, services and sundry goods | 60/61 | €357,203 | €392,382 | +€35,179 | +9.8% |
| Remuneration, social security and pensions | 62 | €82,610 | €56,977 | -€25,633 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,806 | €48,299 | +€10,493 | +27.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,427 | +€4,427 | |
| Other operating charges | 640/8 | €4,310 | €2,951 | -€1,359 | -31.5% |
| Gross operating margin | 9900 | €260,054 | €141,713 | -€118,341 | -45.5% |
| Operating profit (loss) | 9901 | €135,328 | €29,059 | -€106,269 | -78.5% |
| Financial income | 75/76B | €4,343 | - | -€4,343 | |
| Recurring financial income | 75 | €4,343 | - | -€4,343 | |
| Financial charges | 65/66B | €4,437 | €22,559 | +€18,122 | +408% |
| Recurring financial charges | 65 | €4,437 | €22,559 | +€18,122 | +408% |
| Profit (loss) for the period before taxes | 9903 | €135,234 | €6,500 | -€128,734 | -95.2% |
| Income taxes | 67/77 | €39,429 | €74 | -€39,355 | -99.8% |
| Profit (loss) for the period | 9904 | €95,805 | €6,426 | -€89,379 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €95,805 | €6,426 | -€89,379 | -93.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.