Hotel Boom: 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 Boom
Largest movements
- Tangible fixed assets -€32,912
down €32,912 (-4.5%), from €735,360 to €702,448
of which Land and buildings: -€38,903
- Receivables within one year +€17,199
up €17,199 (+227%), from €7,577 to €24,776
of which Trade receivables: +€17,666
- Cash -€16,468
down €16,468 (-26.9%), from €61,274 to €44,806
mainly Other debts (-€100,900) and Investment in fixed assets (net) (-€58,518)
- Other debts -€100,900
down €100,900 (-21.0%), from €479,393 to €378,493
- Reserves +€89,254
up €89,254 (+101%), from €88,247 to €177,501
- Debts after one year -€28,237
down €28,237 (-15.6%), from €181,030 to €152,793
- Gross operating margin +€35,819
up €35,819 (+11.5%), from €311,151 to €346,970
- Staff costs +€12,143
up €12,143 (+11.5%), from €105,976 to €118,119
- Depreciation +€5,574
up €5,574 (+6.4%), from €86,972 to €92,546
- Taxes +€3,900
up €3,900 (+15.5%), from €25,216 to €29,116
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 | €820,299 | €783,410 | -€36,889 | -4.5% |
| Fixed assets | 21/28 | €738,484 | €704,455 | -€34,028 | -4.6% |
| Intangible fixed assets | 21 | €3,124 | €2,007 | -€1,117 | -35.7% |
| Tangible fixed assets | 22/27 | €735,360 | €702,448 | -€32,912 | -4.5% |
| Land and buildings | 22 | €710,438 | €671,536 | -€38,903 | -5.5% |
| Plant, machinery and equipment | 23 | €24,921 | €30,913 | +€5,991 | +24.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €81,815 | €78,955 | -€2,861 | -3.5% |
| Stocks and contracts in progress | 3 | €2,035 | €1,370 | -€665 | -32.7% |
| Stocks | 30/36 | €2,035 | €1,370 | -€665 | -32.7% |
| Amounts receivable within one year | 40/41 | €7,577 | €24,776 | +€17,199 | +227% |
| Trade receivables | 40 | €1,764 | €19,430 | +€17,666 | +1,002% |
| Other amounts receivable | 41 | €5,814 | €5,346 | -€467 | -8.0% |
| Cash at bank and in hand | 54/58 | €61,274 | €44,806 | -€16,468 | -26.9% |
| Deferred charges and accrued income | 490/1 | €10,929 | €8,002 | -€2,927 | -26.8% |
| Total equity and liabilities | 10/49 | €820,299 | €783,410 | -€36,889 | -4.5% |
| Equity | 10/15 | €106,847 | €196,101 | +€89,254 | +83.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,247 | €177,501 | +€89,254 | +101% |
| Distributable reserves | 133 | €88,247 | €177,501 | +€89,254 | +101% |
| Amounts payable | 17/49 | €713,452 | €587,309 | -€126,143 | -17.7% |
| Amounts payable after more than one year | 17 | €181,030 | €152,793 | -€28,237 | -15.6% |
| Financial debts | 170/4 | €181,030 | €152,793 | -€28,237 | -15.6% |
| Amounts payable within one year | 42/48 | €532,312 | €434,516 | -€97,796 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €29,585 | €30,549 | +€964 | +3.3% |
| Trade debts | 44 | €11,321 | €17,579 | +€6,257 | +55.3% |
| Suppliers | 440/4 | €11,321 | €17,579 | +€6,257 | +55.3% |
| Taxes, remuneration and social security | 45 | €12,012 | €7,895 | -€4,117 | -34.3% |
| Taxes | 450/3 | €3,102 | €0 | -€3,102 | -100% |
| Remuneration and social security | 454/9 | €8,910 | €7,895 | -€1,015 | -11.4% |
| Other amounts payable | 47/48 | €479,393 | €378,493 | -€100,900 | -21.0% |
| Accrued charges and deferred income | 492/3 | €110 | €0 | -€110 | -100% |
| Remuneration, social security and pensions | 62 | €105,976 | €118,119 | +€12,143 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,972 | €92,546 | +€5,574 | +6.4% |
| Other operating charges | 640/8 | €5,240 | €6,084 | +€844 | +16.1% |
| Gross operating margin | 9900 | €311,151 | €346,970 | +€35,819 | +11.5% |
| Operating profit (loss) | 9901 | €112,963 | €130,221 | +€17,258 | +15.3% |
| Financial income | 75/76B | €0 | €33 | +€33 | |
| Recurring financial income | 75 | €0 | €33 | +€33 | |
| Financial charges | 65/66B | €13,699 | €11,884 | -€1,815 | -13.3% |
| Recurring financial charges | 65 | €13,699 | €11,884 | -€1,815 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €99,264 | €118,370 | +€19,106 | +19.2% |
| Income taxes | 67/77 | €25,216 | €29,116 | +€3,900 | +15.5% |
| Profit (loss) for the period | 9904 | €74,047 | €89,254 | +€15,206 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,047 | €89,254 | +€15,206 | +20.5% |
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 31 October 2026 via checked.be.