HOTEL ALBERT 1: 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.
HOTEL ALBERT 1
Largest movements
- Tangible fixed assets -€25,536
down €25,536 (-2.7%), from €954,701 to €929,164
- Receivables within one year -€17,839
down €17,839 (-69.7%), from €25,579 to €7,740
- Debts after one year -€51,670
down €51,670 (-25.9%), from €199,270 to €147,600
- Profit (loss) carried forward +€15,610
up €15,610 (+9.3%), from -€168,118 to -€152,508
- Short-term financial debts -€10,000
no longer reported in 2025 (was €10,000)
- Gross operating margin -€63,559
down €63,559 (-28.5%), from €222,744 to €159,185
- Staff costs -€26,150
down €26,150 (-40.3%), from €64,875 to €38,724
- Financial charges -€12,064
down €12,064 (-39.0%), from €30,938 to €18,874
- Taxes -€5,621
down €5,621 (-22.8%), from €24,650 to €19,029
- Other operating charges -€5,127
down €5,127 (-22.0%), from €23,314 to €18,187
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 | €991,972 | €945,152 | -€46,820 | -4.7% |
| Fixed assets | 21/28 | €955,005 | €929,468 | -€25,536 | -2.7% |
| Tangible fixed assets | 22/27 | €954,701 | €929,164 | -€25,536 | -2.7% |
| Land and buildings | 22 | €906,615 | €894,096 | -€12,518 | -1.4% |
| Plant, machinery and equipment | 23 | €46,190 | €33,517 | -€12,673 | -27.4% |
| Furniture and vehicles | 24 | €1,895 | €1,551 | -€345 | -18.2% |
| Financial fixed assets | 28 | €304 | €304 | = | 0.0% |
| Current assets | 29/58 | €36,967 | €15,684 | -€21,284 | -57.6% |
| Amounts receivable within one year | 40/41 | €25,579 | €7,740 | -€17,839 | -69.7% |
| Other amounts receivable | 41 | €25,579 | €7,740 | -€17,839 | -69.7% |
| Cash at bank and in hand | 54/58 | €10,260 | €5,498 | -€4,762 | -46.4% |
| Deferred charges and accrued income | 490/1 | €1,129 | €2,446 | +€1,317 | +117% |
| Total equity and liabilities | 10/49 | €991,972 | €945,152 | -€46,820 | -4.7% |
| Equity | 10/15 | €659,882 | €675,492 | +€15,610 | +2.4% |
| Contributions | 10/11 | €828,000 | €828,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,118 | -€152,508 | +€15,610 | +9.3% |
| Amounts payable | 17/49 | €332,090 | €269,660 | -€62,430 | -18.8% |
| Amounts payable after more than one year | 17 | €199,270 | €147,600 | -€51,670 | -25.9% |
| Financial debts | 170/4 | €199,270 | €147,600 | -€51,670 | -25.9% |
| Amounts payable within one year | 42/48 | €131,779 | €122,061 | -€9,719 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €52,175 | €58,426 | +€6,251 | +12.0% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €22,124 | €16,105 | -€6,019 | -27.2% |
| Suppliers | 440/4 | €22,124 | €16,105 | -€6,019 | -27.2% |
| Taxes, remuneration and social security | 45 | €47,480 | €47,529 | +€49 | +0.1% |
| Taxes | 450/3 | €42,356 | €43,654 | +€1,298 | +3.1% |
| Remuneration and social security | 454/9 | €5,124 | €3,875 | -€1,249 | -24.4% |
| Accrued charges and deferred income | 492/3 | €1,040 | - | -€1,040 | |
| Non-recurring operating income | 76A | €4,500 | - | -€4,500 | |
| Remuneration, social security and pensions | 62 | €64,875 | €38,724 | -€26,150 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,799 | €49,683 | +€2,883 | +6.2% |
| Other operating charges | 640/8 | €23,314 | €18,187 | -€5,127 | -22.0% |
| Gross operating margin | 9900 | €222,744 | €159,185 | -€63,559 | -28.5% |
| Operating profit (loss) | 9901 | €87,756 | €52,591 | -€35,165 | -40.1% |
| Financial income | 75/76B | €2,432 | €921 | -€1,511 | -62.1% |
| Recurring financial income | 75 | €2,432 | €921 | -€1,511 | -62.1% |
| Financial charges | 65/66B | €30,938 | €18,874 | -€12,064 | -39.0% |
| Recurring financial charges | 65 | €30,938 | €18,874 | -€12,064 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €59,251 | €34,638 | -€24,612 | -41.5% |
| Income taxes | 67/77 | €24,650 | €19,029 | -€5,621 | -22.8% |
| Profit (loss) for the period | 9904 | €34,600 | €15,610 | -€18,991 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,600 | €15,610 | -€18,991 | -54.9% |
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 30 October 2026 via checked.be.