HonFleur: what changed
Two fiscal 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
HonFleur
NACE 55.100, Hotels and similar accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,714
2024 · €34,279-€21,564
Equity
€94,065
2024 · €93,351+€714
Cash
€3,902
2024 · €1,260+€2,642
Balance sheet total
€377,223
2024 · €385,973-€8,750
Largest movements
Assets
- Tangible fixed assets -€30,132
down €30,132 (-16.8%), from €179,201 to €149,069
of which Leasing and similar rights: -€22,662
- Receivables after one year +€20,000
up €20,000 (+10.8%), from €185,000 to €205,000
Equity and liabilities
- Debts after one year -€17,180
down €17,180 (-11.9%), from €144,725 to €127,546
- Other debts +€14,083
up €14,083 (+546.2%), from €2,578 to €16,661
- Tax, wage and social debts -€7,300
down €7,300 (-21.0%), from €34,805 to €27,505
of which Remuneration and social security: -€7,493
- Current portion of long-term debt +€4,259
up €4,259 (+19.8%), from €21,536 to €25,795
Income statement
- Gross operating margin -€15,008
down €15,008 (-7.1%), from €210,521 to €195,513
- Staff costs +€7,365
up €7,365 (+6.7%), from €110,193 to €117,558
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
€34,279
Gross operating margin
-€15,008
Staff costs
-€7,365
Depreciation
+€1,778
Other operating charges
-€225
Financial income
+€1,786
Financial charges
-€2,013
Taxes
-€517
Result 2025
€12,714
Cash bridge derived
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
+€33,142
Investment
-€5,655
Financing
-€24,845
Cash 2024
€1,260
From operations (derived)
+€33,142
Net result for the year
+€12,714
Depreciation
+€36,787
Receivables after one year
-€20,000
Stocks and contracts
+€1,450
Receivables within one year
-€81
Deferred charges and accrued income
-€1,109
Trade debts
-€3,585
Tax, wage and social debts
-€7,300
Advances received
+€183
Other debts
+€14,083
Investment (derived)
-€5,655
Investment in fixed assets (net)
-€5,655
Financing
-€24,845
Debts after one year
-€17,180
Current portion of long-term debt
+€4,259
Short-term financial debts
+€76
Contributions, distributions and other
-€12,000
Cash 2025
€3,902
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,973 | €377,223 | -€8,750 | -2.3% |
| Fixed assets | 21/28 | €181,697 | €150,565 | -€31,132 | -17.1% |
| Intangible fixed assets | 21 | €2,496 | €1,496 | -€1,000 | -40.1% |
| Tangible fixed assets | 22/27 | €179,201 | €149,069 | -€30,132 | -16.8% |
| Plant, machinery and equipment | 23 | €18,991 | €11,086 | -€7,906 | -41.6% |
| Furniture and vehicles | 24 | €2,060 | €1,214 | -€846 | -41.1% |
| Leasing and similar rights | 25 | €150,162 | €127,500 | -€22,662 | -15.1% |
| Other tangible fixed assets | 26 | €7,987 | €9,269 | +€1,282 | +16.1% |
| Current assets | 29/58 | €204,276 | €226,658 | +€22,382 | +11.0% |
| Amounts receivable after more than one year | 29 | €185,000 | €205,000 | +€20,000 | +10.8% |
| Other amounts receivable | 291 | €185,000 | €205,000 | +€20,000 | +10.8% |
| Stocks and contracts in progress | 3 | €6,900 | €5,450 | -€1,450 | -21.0% |
| Stocks | 30/36 | €6,900 | €5,450 | -€1,450 | -21.0% |
| Amounts receivable within one year | 40/41 | €4,517 | €4,598 | +€81 | +1.8% |
| Trade receivables | 40 | €1,521 | €299 | -€1,222 | -80.4% |
| Other amounts receivable | 41 | €2,996 | €4,299 | +€1,303 | +43.5% |
| Cash at bank and in hand | 54/58 | €1,260 | €3,902 | +€2,642 | +209.6% |
| Deferred charges and accrued income | 490/1 | €6,599 | €7,709 | +€1,109 | +16.8% |
| Total equity and liabilities | 10/49 | €385,973 | €377,223 | -€8,750 | -2.3% |
| Equity | 10/15 | €93,351 | €94,065 | +€714 | +0.8% |
| Contributions | 10/11 | €106,600 | €106,600 | = | 0.0% |
| Reserves | 13 | €5,047 | €5,047 | = | 0.0% |
| Non-distributable reserves | 130/1 | €729 | €729 | = | 0.0% |
| Reserves not available under the articles | 1311 | €729 | €729 | = | 0.0% |
| Distributable reserves | 133 | €4,317 | €4,317 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,296 | -€17,582 | +€714 | +3.9% |
| Amounts payable | 17/49 | €292,622 | €283,158 | -€9,464 | -3.2% |
| Amounts payable after more than one year | 17 | €144,725 | €127,546 | -€17,180 | -11.9% |
| Financial debts | 170/4 | €144,725 | €127,546 | -€17,180 | -11.9% |
| Amounts payable within one year | 42/48 | €147,897 | €155,612 | +€7,715 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €21,536 | €25,795 | +€4,259 | +19.8% |
| Financial debts | 43 | €27,314 | €27,389 | +€76 | +0.3% |
| Credit institutions | 430/8 | €27,314 | €27,389 | +€76 | +0.3% |
| Trade debts | 44 | €59,414 | €55,829 | -€3,585 | -6.0% |
| Suppliers | 440/4 | €59,414 | €55,829 | -€3,585 | -6.0% |
| Advances received on contracts in progress | 46 | €2,249 | €2,432 | +€183 | +8.1% |
| Taxes, remuneration and social security | 45 | €34,805 | €27,505 | -€7,300 | -21.0% |
| Taxes | 450/3 | €11,253 | €11,446 | +€193 | +1.7% |
| Remuneration and social security | 454/9 | €23,552 | €16,059 | -€7,493 | -31.8% |
| Other amounts payable | 47/48 | €2,578 | €16,661 | +€14,083 | +546.2% |
| Remuneration, social security and pensions | 62 | €110,193 | €117,558 | +€7,365 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,565 | €36,787 | -€1,778 | -4.6% |
| Other operating charges | 640/8 | €12,544 | €12,768 | +€225 | +1.8% |
| Gross operating margin | 9900 | €210,521 | €195,513 | -€15,008 | -7.1% |
| Operating profit (loss) | 9901 | €49,220 | €28,399 | -€20,820 | -42.3% |
| Financial income | 75/76B | €3,547 | €5,333 | +€1,786 | +50.3% |
| Recurring financial income | 75 | €3,547 | €5,333 | +€1,786 | +50.3% |
| Financial charges | 65/66B | €17,419 | €19,432 | +€2,013 | +11.6% |
| Recurring financial charges | 65 | €17,419 | €19,432 | +€2,013 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €35,348 | €14,300 | -€21,048 | -59.5% |
| Income taxes | 67/77 | €1,069 | €1,586 | +€517 | +48.3% |
| Profit (loss) for the period | 9904 | €34,279 | €12,714 | -€21,564 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,279 | €12,714 | -€21,564 | -62.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.