HOTEL FLEURUS: 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.
What changed
HOTEL FLEURUS
NACE 55.100, Hotels and similar accommodation
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€445,504
2024 · €409,383+€36,121
Equity
€3.3m
2024 · €2.9m+€445,504
Cash
€81,006
2024 · €151,146-€70,140
Balance sheet total
€5.5m
2024 · €5.2m+€313,026
Largest movements
Assets
- Financial fixed assets +€426,119
up €426,119 (+42.8%), from €996,636 to €1.4m
of which Affiliated companies: +€426,219
- Tangible fixed assets -€179,367
down €179,367 (-4.8%), from €3.7m to €3.6m
of which Land and buildings: -€245,692
- Receivables within one year +€171,893
up €171,893 (+130.0%), from €132,234 to €304,127
of which Trade receivables: +€197,138
- Cash -€70,140
down €70,140 (-46.4%), from €151,146 to €81,006
mainly Investment in fixed assets (net) (-€508,919) and Receivables within one year (-€171,893)
Equity and liabilities
- Profit (loss) carried forward +€402,760
up €402,760 (+25.8%), from -€1.6m to -€1.2m
- Trade debts -€75,163
down €75,163 (-20.8%), from €361,355 to €286,192
Income statement
- Turnover +€155,264
up €155,264 (+6.3%), from €2.5m to €2.6m
- Staff costs +€98,954
up €98,954 (+18.6%), from €532,903 to €631,857
- Goods and materials +€83,829
up €83,829 (+45.7%), from €183,519 to €267,348
of which Purchases: +€80,055
- Other operating income +€50,102
up €50,102 (+345.8%), from €14,490 to €64,592
- Services and other goods +€48,113
up €48,113 (+4.8%), from €998,858 to €1.0m
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.
Result 2024
€409,383
Turnover
+€155,264
Other operating income
+€50,102
Goods and materials
-€83,829
Services and other goods
-€48,113
Staff costs
-€98,954
Depreciation
+€28,620
Other operating charges
-€5,655
Other operating items
+€150
Financial income
+€35,519
Financial charges
+€3,098
Taxes
-€81
Result 2025
€445,504
Cash bridge derived
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.
From operations
+€481,434
Investment
-€508,919
Financing
-€42,655
Cash 2024
€151,146
From operations (derived)
+€481,434
Net result for the year
+€445,504
Depreciation
+€296,842
Smaller working-capital items
-€400
Receivables within one year
-€171,893
Trade debts
-€75,163
Tax, wage and social debts
-€2,881
Advances received
-€10,576
Investment (derived)
-€508,919
Investment in fixed assets (net)
-€508,919
Financing
-€42,655
Debts after one year
-€16,996
Current portion of long-term debt
-€8,042
Short-term financial debts
-€17,617
Cash 2025
€81,006
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,180,906 | €5,493,932 | +€313,026 | +6.0% |
| Formation expenses | 20 | €147,864 | €115,760 | -€32,103 | -21.7% |
| Fixed assets | 21/28 | €4,738,489 | €4,982,669 | +€244,180 | +5.2% |
| Intangible fixed assets | 21 | €3,947 | €1,376 | -€2,571 | -65.1% |
| Tangible fixed assets | 22/27 | €3,737,906 | €3,558,538 | -€179,367 | -4.8% |
| Land and buildings | 22 | €3,701,829 | €3,456,137 | -€245,692 | -6.6% |
| Plant, machinery and equipment | 23 | €29,643 | €30,783 | +€1,140 | +3.8% |
| Furniture and vehicles | 24 | €6,434 | €631 | -€5,803 | -90.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | - | €70,988 | +€70,988 | |
| Financial fixed assets | 28 | €996,636 | €1,422,755 | +€426,119 | +42.8% |
| Affiliated companies | 280/1 | €988,073 | €1,414,292 | +€426,219 | +43.1% |
| Amounts receivable | 281 | €988,073 | €1,414,292 | +€426,219 | +43.1% |
| Other financial fixed assets | 284/8 | €8,563 | €8,463 | -€100 | -1.2% |
| Amounts receivable and cash guarantees | 285/8 | €8,563 | €8,463 | -€100 | -1.2% |
| Current assets | 29/58 | €294,554 | €395,503 | +€100,949 | +34.3% |
| Stocks and contracts in progress | 3 | €8,069 | €6,972 | -€1,097 | -13.6% |
| Stocks | 30/36 | €8,069 | €6,972 | -€1,097 | -13.6% |
| Raw materials and consumables | 30/31 | €7,595 | €6,972 | -€623 | -8.2% |
| Goods purchased for resale | 34 | €474 | - | -€474 | |
| Amounts receivable within one year | 40/41 | €132,234 | €304,127 | +€171,893 | +130.0% |
| Trade receivables | 40 | €104,699 | €301,837 | +€197,138 | +188.3% |
| Other amounts receivable | 41 | €27,535 | €2,290 | -€25,245 | -91.7% |
| Cash at bank and in hand | 54/58 | €151,146 | €81,006 | -€70,140 | -46.4% |
| Deferred charges and accrued income | 490/1 | €3,105 | €3,397 | +€293 | +9.4% |
| Total equity and liabilities | 10/49 | €5,180,906 | €5,493,932 | +€313,026 | +6.0% |
| Equity | 10/15 | €2,866,924 | €3,312,428 | +€445,504 | +15.5% |
| Contributions | 10/11 | €4,302,000 | €4,302,000 | = | 0.0% |
| Capital | 10 | €4,302,000 | €4,302,000 | = | 0.0% |
| Issued capital | 100 | €4,302,000 | €4,302,000 | = | 0.0% |
| Reserves | 13 | €125,049 | €167,794 | +€42,744 | +34.2% |
| Non-distributable reserves | 130/1 | €196 | €42,940 | +€42,744 | +21810.6% |
| Legal reserve | 130 | €196 | €42,940 | +€42,744 | +21810.6% |
| Tax-exempt reserves | 132 | €124,853 | €124,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,560,125 | -€1,157,365 | +€402,760 | +25.8% |
| Amounts payable | 17/49 | €2,313,982 | €2,181,504 | -€132,478 | -5.7% |
| Amounts payable after more than one year | 17 | €1,731,003 | €1,714,007 | -€16,996 | -1.0% |
| Financial debts | 170/4 | €1,695,488 | €1,695,488 | = | 0.0% |
| Credit institutions | 173 | €0 | - | = | |
| Other loans | 174 | €1,695,488 | €1,695,488 | = | 0.0% |
| Trade debts | 175 | €35,515 | €18,519 | -€16,996 | -47.9% |
| Suppliers | 1750 | €35,515 | €18,519 | -€16,996 | -47.9% |
| Amounts payable within one year | 42/48 | €581,668 | €467,390 | -€114,278 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €35,292 | €27,250 | -€8,042 | -22.8% |
| Financial debts | 43 | €18,125 | €508 | -€17,617 | -97.2% |
| Credit institutions | 430/8 | €18,125 | €508 | -€17,617 | -97.2% |
| Trade debts | 44 | €361,355 | €286,192 | -€75,163 | -20.8% |
| Suppliers | 440/4 | €361,355 | €286,192 | -€75,163 | -20.8% |
| Advances received on contracts in progress | 46 | €38,528 | €27,953 | -€10,576 | -27.4% |
| Taxes, remuneration and social security | 45 | €128,367 | €125,487 | -€2,881 | -2.2% |
| Taxes | 450/3 | €1,781 | €3,826 | +€2,044 | +114.8% |
| Remuneration and social security | 454/9 | €126,586 | €121,661 | -€4,925 | -3.9% |
| Accrued charges and deferred income | 492/3 | €1,311 | €107 | -€1,204 | -91.9% |
| Operating income | 70/76A | €2,468,051 | €2,673,417 | +€205,366 | +8.3% |
| Turnover | 70 | €2,453,561 | €2,608,825 | +€155,264 | +6.3% |
| Other operating income | 74 | €14,490 | €64,592 | +€50,102 | +345.8% |
| Operating charges | 60/66A | €2,087,845 | €2,295,626 | +€207,781 | +10.0% |
| Goods for resale, raw materials and consumables | 60 | €183,519 | €267,348 | +€83,829 | +45.7% |
| Purchases | 600/8 | €186,196 | €266,251 | +€80,055 | +43.0% |
| Change in stocks: decrease (increase) | 609 | -€2,677 | €1,097 | +€3,774 | |
| Services and other goods | 61 | €998,858 | €1,046,971 | +€48,113 | +4.8% |
| Remuneration, social security and pensions | 62 | €532,903 | €631,857 | +€98,954 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €325,461 | €296,842 | -€28,620 | -8.8% |
| Other operating charges | 640/8 | €43,620 | €49,274 | +€5,655 | +13.0% |
| Non-recurring operating charges | 66A | €3,484 | €3,335 | -€150 | -4.3% |
| Operating profit (loss) | 9901 | €380,206 | €377,791 | -€2,415 | -0.6% |
| Financial income | 75/76B | €36,819 | €72,339 | +€35,519 | +96.5% |
| Recurring financial income | 75 | €36,819 | €72,339 | +€35,519 | +96.5% |
| Income from financial fixed assets | 750 | €36,819 | €72,339 | +€35,519 | +96.5% |
| Other financial income | 752/9 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €7,540 | €4,442 | -€3,098 | -41.1% |
| Recurring financial charges | 65 | €7,540 | €4,442 | -€3,098 | -41.1% |
| Debt charges | 650 | €6,626 | €3,642 | -€2,984 | -45.0% |
| Other financial charges | 652/9 | €915 | €801 | -€114 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €409,485 | €445,687 | +€36,202 | +8.8% |
| Income taxes | 67/77 | €102 | €183 | +€81 | +79.8% |
| Taxes | 670/3 | €102 | €183 | +€81 | +79.8% |
| Profit (loss) for the period | 9904 | €409,383 | €445,504 | +€36,121 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €409,383 | €445,504 | +€36,121 | +8.8% |
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 11 October 2026 via checked.be.