HOTEL ESPERANCE: 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 ESPERANCE
Largest movements
- Tangible fixed assets -€71,084
down €71,084 (-5.9%), from €1.2m to €1.1m
of which Land and buildings: -€65,639
- Receivables within one year -€38,969
down €38,969 (-99.0%), from €39,365 to €396
of which Trade receivables: -€19,647
- Receivables after one year +€22,001
up €22,001 (+14.5%), from €151,817 to €173,818
- Cash +€19,449
up €19,449 (+89.4%), from €21,751 to €41,200
mainly Depreciation (+€71,707) and Net result for the year (+€55,800)
- Debts after one year -€113,802
down €113,802 (-23.6%), from €483,210 to €369,409
of which Financial debts: -€111,002
- Reserves +€55,500
up €55,500 (+19.5%), from €284,867 to €340,367
of which Distributable reserves: +€55,500
- Trade debts -€36,240
down €36,240 (-65.7%), from €55,165 to €18,926
- Tax, wage and social debts +€25,988
up €25,988 (+93.8%), from €27,715 to €53,703
of which Taxes: +€35,083
- Gross operating margin +€63,286
up €63,286 (+20.6%), from €307,310 to €370,596
- Staff costs -€34,337
down €34,337 (-20.0%), from €171,999 to €137,662
- Taxes +€24,388
up €24,388 (+236%), from €10,354 to €34,742
- Other operating charges +€21,273
up €21,273 (+72.3%), from €29,432 to €50,705
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 | €1,427,536 | €1,352,865 | -€74,671 | -5.2% |
| Fixed assets | 21/28 | €1,207,071 | €1,135,364 | -€71,707 | -5.9% |
| Intangible fixed assets | 21 | €1,132 | €509 | -€623 | -55.0% |
| Tangible fixed assets | 22/27 | €1,204,889 | €1,133,805 | -€71,084 | -5.9% |
| Land and buildings | 22 | €1,194,203 | €1,128,564 | -€65,639 | -5.5% |
| Plant, machinery and equipment | 23 | €5,833 | €3,264 | -€2,569 | -44.0% |
| Furniture and vehicles | 24 | €4,853 | €1,977 | -€2,876 | -59.3% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €220,464 | €217,500 | -€2,964 | -1.3% |
| Amounts receivable after more than one year | 29 | €151,817 | €173,818 | +€22,001 | +14.5% |
| Other amounts receivable | 291 | €151,817 | €173,818 | +€22,001 | +14.5% |
| Stocks and contracts in progress | 3 | €3,669 | €579 | -€3,091 | -84.2% |
| Stocks | 30/36 | €3,669 | €579 | -€3,091 | -84.2% |
| Amounts receivable within one year | 40/41 | €39,365 | €396 | -€38,969 | -99.0% |
| Trade receivables | 40 | €19,951 | €303 | -€19,647 | -98.5% |
| Other amounts receivable | 41 | €19,414 | €93 | -€19,321 | -99.5% |
| Current investments | 50/53 | €222 | €179 | -€43 | -19.2% |
| Cash at bank and in hand | 54/58 | €21,751 | €41,200 | +€19,449 | +89.4% |
| Deferred charges and accrued income | 490/1 | €3,640 | €1,329 | -€2,311 | -63.5% |
| Total equity and liabilities | 10/49 | €1,427,536 | €1,352,865 | -€74,671 | -5.2% |
| Equity | 10/15 | €749,660 | €793,153 | +€43,493 | +5.8% |
| Contributions | 10/11 | €118,668 | €118,668 | = | 0.0% |
| Reserves | 13 | €284,867 | €340,367 | +€55,500 | +19.5% |
| Non-distributable reserves | 130/1 | €11,867 | €11,867 | = | 0.0% |
| Other | 1319 | €11,867 | €11,867 | = | 0.0% |
| Distributable reserves | 133 | €273,000 | €328,500 | +€55,500 | +20.3% |
| Profit (loss) carried forward | 14 | €235,959 | €236,259 | +€300 | +0.1% |
| Investment grants | 15 | €110,166 | €97,859 | -€12,307 | -11.2% |
| Amounts payable | 17/49 | €677,876 | €559,712 | -€118,164 | -17.4% |
| Amounts payable after more than one year | 17 | €483,210 | €369,409 | -€113,802 | -23.6% |
| Financial debts | 170/4 | €479,010 | €368,009 | -€111,002 | -23.2% |
| Other amounts payable | 178/9 | €4,200 | €1,400 | -€2,800 | -66.7% |
| Amounts payable within one year | 42/48 | €194,666 | €187,403 | -€7,263 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €106,230 | €111,002 | +€4,772 | +4.5% |
| Financial debts | 43 | €4,586 | €3,773 | -€814 | -17.7% |
| Credit institutions | 430/8 | €4,586 | €3,773 | -€814 | -17.7% |
| Trade debts | 44 | €55,165 | €18,926 | -€36,240 | -65.7% |
| Suppliers | 440/4 | €55,165 | €18,926 | -€36,240 | -65.7% |
| Advances received on contracts in progress | 46 | €970 | - | -€970 | |
| Taxes, remuneration and social security | 45 | €27,715 | €53,703 | +€25,988 | +93.8% |
| Taxes | 450/3 | €9,581 | €44,664 | +€35,083 | +366% |
| Remuneration and social security | 454/9 | €18,134 | €9,039 | -€9,095 | -50.2% |
| Accrued charges and deferred income | 492/3 | - | €2,900 | +€2,900 | |
| Remuneration, social security and pensions | 62 | €171,999 | €137,662 | -€34,337 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,198 | €71,707 | -€1,491 | -2.0% |
| Other operating charges | 640/8 | €29,432 | €50,705 | +€21,273 | +72.3% |
| Non-recurring operating charges | 66A | €1,416 | - | -€1,416 | |
| Gross operating margin | 9900 | €307,310 | €370,596 | +€63,286 | +20.6% |
| Operating profit (loss) | 9901 | €31,265 | €110,522 | +€79,257 | +254% |
| Financial income | 75/76B | €14,478 | €12,463 | -€2,016 | -13.9% |
| Recurring financial income | 75 | €14,478 | €12,463 | -€2,016 | -13.9% |
| Financial charges | 65/66B | €35,342 | €32,442 | -€2,900 | -8.2% |
| Recurring financial charges | 65 | €35,342 | €32,442 | -€2,900 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €10,402 | €90,542 | +€80,141 | +770% |
| Income taxes | 67/77 | €10,354 | €34,742 | +€24,388 | +236% |
| Profit (loss) for the period | 9904 | €48 | €55,800 | +€55,753 | +117,202% |
| Profit (loss) for the period to be appropriated | 9905 | €48 | €55,800 | +€55,753 | +117,202% |
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 28 October 2026 via checked.be.