Hospitalitree: 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.
Hospitalitree
Largest movements
- Tangible fixed assets -€8,447
down €8,447 (-24.5%), from €34,488 to €26,041
of which Leasing and similar rights: -€6,757
- Receivables within one year -€2,118
down €2,118 (-24.6%), from €8,608 to €6,490
- Cash -€777
down €777 (-83.9%), from €926 to €149
mainly Other debts (-€31,950) and Debts after one year (-€20,085)
- Profit (loss) carried forward +€36,874
up €36,874 (+41.1%), from -€89,726 to -€52,853
- Other debts -€31,950
down €31,950 (-61.4%), from €52,054 to €20,104
- Debts after one year -€20,085
down €20,085 (-51.4%), from €39,051 to €18,966
- Tax, wage and social debts +€12,687
up €12,687 (+351%), from €3,619 to €16,306
- Current portion of long-term debt -€7,270
down €7,270 (-39.9%), from €18,212 to €10,942
- Gross operating margin +€29,144
up €29,144 (+80.9%), from €36,029 to €65,173
- Taxes +€13,962
up €13,962 (+9,526%), from €147 to €14,108
- Depreciation +€3,306
up €3,306 (+64.3%), from €5,140 to €8,447
- Financial charges +€929
up €929 (+51.3%), from €1,810 to €2,739
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 | €44,363 | €32,931 | -€11,432 | -25.8% |
| Fixed assets | 21/28 | €34,488 | €26,041 | -€8,447 | -24.5% |
| Tangible fixed assets | 22/27 | €34,488 | €26,041 | -€8,447 | -24.5% |
| Plant, machinery and equipment | 23 | €2,623 | €933 | -€1,690 | -64.4% |
| Leasing and similar rights | 25 | €31,865 | €25,108 | -€6,757 | -21.2% |
| Current assets | 29/58 | €9,875 | €6,889 | -€2,985 | -30.2% |
| Amounts receivable within one year | 40/41 | €8,608 | €6,490 | -€2,118 | -24.6% |
| Trade receivables | 40 | €8,608 | €6,490 | -€2,118 | -24.6% |
| Cash at bank and in hand | 54/58 | €926 | €149 | -€777 | -83.9% |
| Deferred charges and accrued income | 490/1 | €341 | €250 | -€91 | -26.7% |
| Total equity and liabilities | 10/49 | €44,363 | €32,931 | -€11,432 | -25.8% |
| Equity | 10/15 | -€71,126 | -€34,253 | +€36,874 | +51.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,726 | -€52,853 | +€36,874 | +41.1% |
| Amounts payable | 17/49 | €115,489 | €67,183 | -€48,306 | -41.8% |
| Amounts payable after more than one year | 17 | €39,051 | €18,966 | -€20,085 | -51.4% |
| Financial debts | 170/4 | €39,051 | €18,966 | -€20,085 | -51.4% |
| Amounts payable within one year | 42/48 | €76,138 | €48,217 | -€27,921 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €18,212 | €10,942 | -€7,270 | -39.9% |
| Trade debts | 44 | €2,253 | €865 | -€1,388 | -61.6% |
| Suppliers | 440/4 | €2,253 | €865 | -€1,388 | -61.6% |
| Taxes, remuneration and social security | 45 | €3,619 | €16,306 | +€12,687 | +351% |
| Taxes | 450/3 | €3,619 | €16,306 | +€12,687 | +351% |
| Other amounts payable | 47/48 | €52,054 | €20,104 | -€31,950 | -61.4% |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Non-recurring operating income | 76A | - | €21,700 | +€21,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,140 | €8,447 | +€3,306 | +64.3% |
| Other operating charges | 640/8 | €3,231 | €3,096 | -€135 | -4.2% |
| Non-recurring operating charges | 66A | €3,400 | - | -€3,400 | |
| Gross operating margin | 9900 | €36,029 | €65,173 | +€29,144 | +80.9% |
| Operating profit (loss) | 9901 | €24,258 | €53,630 | +€29,372 | +121% |
| Financial income | 75/76B | €0 | €91 | +€90 | +30,163% |
| Recurring financial income | 75 | €0 | €91 | +€90 | +30,163% |
| Financial charges | 65/66B | €1,810 | €2,739 | +€929 | +51.3% |
| Recurring financial charges | 65 | €1,810 | €2,739 | +€929 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | €22,448 | €50,982 | +€28,534 | +127% |
| Income taxes | 67/77 | €147 | €14,108 | +€13,962 | +9,526% |
| Profit (loss) for the period | 9904 | €22,302 | €36,874 | +€14,572 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,302 | €36,874 | +€14,572 | +65.3% |
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 29 October 2026 via checked.be.