HOTEL COSY: 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 COSY
Largest movements
- Current investments -€200,000
down €200,000 (-66.7%), from €300,000 to €100,000
- Tangible fixed assets -€38,041
down €38,041 (-12.2%), from €311,277 to €273,236
of which Land and buildings: -€24,250
- Intangible fixed assets -€20,050
down €20,050 (-33.3%), from €60,150 to €40,100
- Receivables within one year +€11,153
up €11,153 (+45.3%), from €24,633 to €35,786
of which Trade receivables: +€13,349
- Debts after one year -€250,000
down €250,000 (-65.8%), from €380,000 to €130,000
- Trade debts -€10,799
down €10,799 (-52.8%), from €20,453 to €9,654
- Gross operating margin -€11,030
down €11,030 (-11.5%), from €95,867 to €84,836
- Taxes +€4,744
up €4,744, from -€845 to €3,899
- Financial income -€4,679
down €4,679 (-53.8%), from €8,691 to €4,013
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 | €712,291 | €458,317 | -€253,974 | -35.7% |
| Fixed assets | 21/28 | €371,427 | €313,336 | -€58,091 | -15.6% |
| Intangible fixed assets | 21 | €60,150 | €40,100 | -€20,050 | -33.3% |
| Tangible fixed assets | 22/27 | €311,277 | €273,236 | -€38,041 | -12.2% |
| Land and buildings | 22 | €268,797 | €244,547 | -€24,250 | -9.0% |
| Plant, machinery and equipment | 23 | €16,108 | €12,607 | -€3,502 | -21.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €26,372 | €16,082 | -€10,289 | -39.0% |
| Current assets | 29/58 | €340,864 | €144,981 | -€195,883 | -57.5% |
| Amounts receivable within one year | 40/41 | €24,633 | €35,786 | +€11,153 | +45.3% |
| Trade receivables | 40 | €14,741 | €28,090 | +€13,349 | +90.6% |
| Other amounts receivable | 41 | €9,892 | €7,696 | -€2,196 | -22.2% |
| Current investments | 50/53 | €300,000 | €100,000 | -€200,000 | -66.7% |
| Cash at bank and in hand | 54/58 | €16,232 | €9,195 | -€7,036 | -43.3% |
| Total equity and liabilities | 10/49 | €712,291 | €458,317 | -€253,974 | -35.7% |
| Equity | 10/15 | €293,763 | €297,735 | +€3,971 | +1.4% |
| Contributions | 10/11 | €113,000 | €113,000 | = | 0.0% |
| Capital | 10 | €113,000 | €113,000 | = | 0.0% |
| Issued capital | 100 | €113,000 | €113,000 | = | 0.0% |
| Reserves | 13 | €49,942 | €49,942 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,300 | €11,300 | = | 0.0% |
| Legal reserve | 130 | €11,300 | €11,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,335 | €3,335 | = | 0.0% |
| Distributable reserves | 133 | €35,307 | €35,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,934 | €101,298 | +€6,364 | +6.7% |
| Investment grants | 15 | €35,887 | €33,494 | -€2,392 | -6.7% |
| Amounts payable | 17/49 | €418,528 | €160,583 | -€257,945 | -61.6% |
| Amounts payable after more than one year | 17 | €380,000 | €130,000 | -€250,000 | -65.8% |
| Financial debts | 170/4 | €380,000 | €130,000 | -€250,000 | -65.8% |
| Amounts payable within one year | 42/48 | €38,141 | €30,583 | -€7,558 | -19.8% |
| Trade debts | 44 | €20,453 | €9,654 | -€10,799 | -52.8% |
| Suppliers | 440/4 | €20,453 | €9,654 | -€10,799 | -52.8% |
| Taxes, remuneration and social security | 45 | - | €3,899 | +€3,899 | |
| Taxes | 450/3 | - | €3,899 | +€3,899 | |
| Other amounts payable | 47/48 | €17,687 | €17,030 | -€657 | -3.7% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,294 | €61,692 | -€602 | -1.0% |
| Other operating charges | 640/8 | €15,839 | €15,177 | -€663 | -4.2% |
| Gross operating margin | 9900 | €95,867 | €84,836 | -€11,030 | -11.5% |
| Operating profit (loss) | 9901 | €17,734 | €7,968 | -€9,766 | -55.1% |
| Financial income | 75/76B | €8,691 | €4,013 | -€4,679 | -53.8% |
| Recurring financial income | 75 | €8,691 | €4,013 | -€4,679 | -53.8% |
| Financial charges | 65/66B | €1,623 | €1,718 | +€95 | +5.9% |
| Recurring financial charges | 65 | €1,623 | €1,718 | +€95 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €24,802 | €10,262 | -€14,540 | -58.6% |
| Income taxes | 67/77 | -€845 | €3,899 | +€4,744 | |
| Profit (loss) for the period | 9904 | €25,647 | €6,364 | -€19,283 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,647 | €6,364 | -€19,283 | -75.2% |
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 1 November 2026 via checked.be.