HOTEL DES DUNES: what changed
What changed
HOTEL DES DUNES
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€15,761
2024 · €8,618+€7,143
Equity
€1.5m
2024 · €1.5m+€15,761
Cash
€79,449
2024 · €221,885-€142,435
Balance sheet total
€1.8m
2024 · €1.8m-€23,370
Largest movements
Assets
- Current investments +€200,000
new in 2025: €200,000
- Cash -€142,435
down €142,435 (-64.2%), from €221,885 to €79,449
mainly Current investments (-€200,000) and Debts after one year (-€38,867)
- Tangible fixed assets -€85,234
down €85,234 (-5.4%), from €1.6m to €1.5m
of which Land and buildings: -€87,099
Equity and liabilities
- Profit (loss) carried forward +€47,056
up €47,056 (+19.9%), from -€236,858 to -€189,803
- Debts after one year -€38,867
down €38,867 (-48.7%), from €79,728 to €40,862
- Reserves -€31,295
down €31,295 (-11.0%), from €283,452 to €252,158
of which Tax-exempt reserves: -€31,295
Income statement
- Gross operating margin +€7,972
up €7,972 (+7.7%), from €103,025 to €110,997
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€8,618
Gross operating margin
+€7,972
Depreciation
-€215
Other operating charges
-€448
Financial income
-€987
Financial charges
+€821
Result 2025
€15,761
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€96,425
Investment
-€202,287
Financing
-€36,573
Cash 2024
€221,885
From operations (derived)
+€96,425
Net result for the year
+€15,761
Depreciation
+€87,521
Receivables within one year
-€1,957
Deferred charges and accrued income
-€2,343
Provisions
-€8,020
Trade debts
+€283
Tax, wage and social debts
+€4,221
Accrued charges and deferred income
+€958
Investment (derived)
-€202,287
Investment in fixed assets (net)
-€2,287
Current investments
-€200,000
Financing
-€36,573
Debts after one year
-€38,867
Current portion of long-term debt
+€2,293
Cash 2025
€79,449
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,798,462 | €1,775,092 | -€23,370 | -1.3% |
| Fixed assets | 21/28 | €1,574,831 | €1,489,597 | -€85,234 | -5.4% |
| Tangible fixed assets | 22/27 | €1,574,831 | €1,489,597 | -€85,234 | -5.4% |
| Land and buildings | 22 | €1,574,645 | €1,487,546 | -€87,099 | -5.5% |
| Plant, machinery and equipment | 23 | €187 | €2,051 | +€1,865 | +999% |
| Current assets | 29/58 | €223,631 | €285,495 | +€61,864 | +27.7% |
| Amounts receivable within one year | 40/41 | €1,438 | €3,395 | +€1,957 | +136% |
| Trade receivables | 40 | - | €1,159 | +€1,159 | |
| Other amounts receivable | 41 | €1,438 | €2,235 | +€797 | +55.4% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €221,885 | €79,449 | -€142,435 | -64.2% |
| Deferred charges and accrued income | 490/1 | €309 | €2,651 | +€2,343 | +759% |
| Total equity and liabilities | 10/49 | €1,798,462 | €1,775,092 | -€23,370 | -1.3% |
| Equity | 10/15 | €1,470,274 | €1,486,035 | +€15,761 | +1.1% |
| Contributions | 10/11 | €1,423,681 | €1,423,681 | = | 0.0% |
| Capital | 10 | €1,423,681 | €1,423,681 | = | 0.0% |
| Issued capital | 100 | €1,423,681 | €1,423,681 | = | 0.0% |
| Reserves | 13 | €283,452 | €252,158 | -€31,295 | -11.0% |
| Non-distributable reserves | 130/1 | €3,393 | €3,393 | = | 0.0% |
| Legal reserve | 130 | €3,393 | €3,393 | = | 0.0% |
| Tax-exempt reserves | 132 | €280,059 | €248,765 | -€31,295 | -11.2% |
| Profit (loss) carried forward | 14 | -€236,858 | -€189,803 | +€47,056 | +19.9% |
| Provisions and deferred taxes | 16 | €200,867 | €192,847 | -€8,020 | -4.0% |
| Deferred taxes | 168 | €200,867 | €192,847 | -€8,020 | -4.0% |
| Amounts payable | 17/49 | €127,321 | €96,210 | -€31,111 | -24.4% |
| Amounts payable after more than one year | 17 | €79,728 | €40,862 | -€38,867 | -48.7% |
| Financial debts | 170/4 | €79,728 | €40,862 | -€38,867 | -48.7% |
| Amounts payable within one year | 42/48 | €37,966 | €44,764 | +€6,798 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €36,629 | €38,922 | +€2,293 | +6.3% |
| Trade debts | 44 | €1,129 | €1,412 | +€283 | +25.1% |
| Suppliers | 440/4 | €1,129 | €1,412 | +€283 | +25.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €96 | €4,317 | +€4,221 | +4,401% |
| Taxes | 450/3 | €96 | €299 | +€203 | +212% |
| Remuneration and social security | 454/9 | €0 | €4,018 | +€4,018 | |
| Other amounts payable | 47/48 | €113 | €113 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,627 | €10,585 | +€958 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,306 | €87,521 | +€215 | +0.2% |
| Other operating charges | 640/8 | €14,315 | €14,763 | +€448 | +3.1% |
| Gross operating margin | 9900 | €103,025 | €110,997 | +€7,972 | +7.7% |
| Operating profit (loss) | 9901 | €1,404 | €8,714 | +€7,310 | +520% |
| Financial income | 75/76B | €3,645 | €2,658 | -€987 | -27.1% |
| Recurring financial income | 75 | €3,645 | €2,658 | -€987 | -27.1% |
| Financial charges | 65/66B | €4,452 | €3,631 | -€821 | -18.4% |
| Recurring financial charges | 65 | €4,452 | €3,631 | -€821 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €598 | €7,741 | +€7,143 | +1,194% |
| Transfer from deferred taxes | 780 | €8,020 | €8,020 | = | 0.0% |
| Profit (loss) for the period | 9904 | €8,618 | €15,761 | +€7,143 | +82.9% |
| Transfer from tax-exempt reserves | 789 | €31,295 | €31,295 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,913 | €47,056 | +€7,143 | +17.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.