HOTEL MELBA: 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 MELBA
Largest movements
- Receivables within one year +€810,841
up €810,841 (+4,265%), from €19,014 to €829,855
of which Other amounts receivable: +€796,566
- Current investments -€679,154
no longer reported in 2025 (was €679,154)
- Tangible fixed assets +€290,685
up €290,685 (+15.2%), from €1.9m to €2.2m
of which Land and buildings: +€278,655
- Receivables after one year -€69,521
no longer reported in 2025 (was €69,521)
- Cash +€61,597
up €61,597 (+23.0%), from €268,367 to €329,965
mainly Current investments (+€679,154) and Net result for the year (+€495,045)
- Profit (loss) carried forward +€325,045
up €325,045 (+59.6%), from €545,092 to €870,137
- Debts after one year -€171,982
down €171,982 (-14.7%), from €1.2m to €997,600
- Other debts +€168,428
new in 2025: €168,428
- Tax, wage and social debts +€45,366
up €45,366 (+102%), from €44,609 to €89,975
of which Remuneration and social security: +€26,049
- Trade debts +€44,478
up €44,478 (+60.5%), from €73,541 to €118,018
- Financial income +€222,249
up €222,249 (+5,492%), from €4,047 to €226,296
- Gross operating margin +€49,430
up €49,430 (+4.6%), from €1.1m to €1.1m
- Financial charges +€19,821
up €19,821 (+41.6%), from €47,660 to €67,481
- Taxes +€18,575
up €18,575 (+31.1%), from €59,797 to €78,372
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 | €2,954,163 | €3,366,022 | +€411,859 | +13.9% |
| Fixed assets | 21/28 | €1,906,655 | €2,202,546 | +€295,891 | +15.5% |
| Intangible fixed assets | 21 | €0 | €5,205 | +€5,205 | |
| Tangible fixed assets | 22/27 | €1,906,655 | €2,197,340 | +€290,685 | +15.2% |
| Land and buildings | 22 | €1,704,751 | €1,983,406 | +€278,655 | +16.3% |
| Plant, machinery and equipment | 23 | €68,441 | €94,952 | +€26,511 | +38.7% |
| Furniture and vehicles | 24 | €133,463 | €118,982 | -€14,481 | -10.9% |
| Current assets | 29/58 | €1,047,509 | €1,163,477 | +€115,968 | +11.1% |
| Amounts receivable after more than one year | 29 | €69,521 | - | -€69,521 | |
| Other amounts receivable | 291 | €69,521 | - | -€69,521 | |
| Amounts receivable within one year | 40/41 | €19,014 | €829,855 | +€810,841 | +4,265% |
| Trade receivables | 40 | €5,794 | €20,070 | +€14,276 | +246% |
| Other amounts receivable | 41 | €13,219 | €809,785 | +€796,566 | +6,026% |
| Current investments | 50/53 | €679,154 | - | -€679,154 | |
| Cash at bank and in hand | 54/58 | €268,367 | €329,965 | +€61,597 | +23.0% |
| Deferred charges and accrued income | 490/1 | €11,453 | €3,657 | -€7,795 | -68.1% |
| Total equity and liabilities | 10/49 | €2,954,163 | €3,366,022 | +€411,859 | +13.9% |
| Equity | 10/15 | €1,475,940 | €1,791,751 | +€315,811 | +21.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €793,979 | €793,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €522,884 | €13,730 | -€509,154 | -97.4% |
| Legal reserve | 130 | €13,730 | €13,730 | = | 0.0% |
| Own shares acquired | 1312 | €509,154 | - | -€509,154 | |
| Distributable reserves | 133 | €271,095 | €780,249 | +€509,154 | +188% |
| Profit (loss) carried forward | 14 | €545,092 | €870,137 | +€325,045 | +59.6% |
| Investment grants | 15 | €74,869 | €65,635 | -€9,234 | -12.3% |
| Provisions and deferred taxes | 16 | €28,707 | €27,357 | -€1,349 | -4.7% |
| Deferred taxes | 168 | €28,707 | €27,357 | -€1,349 | -4.7% |
| Amounts payable | 17/49 | €1,449,517 | €1,546,914 | +€97,397 | +6.7% |
| Amounts payable after more than one year | 17 | €1,169,583 | €997,600 | -€171,982 | -14.7% |
| Financial debts | 170/4 | €1,169,583 | €997,600 | -€171,982 | -14.7% |
| Amounts payable within one year | 42/48 | €278,693 | €548,403 | +€269,711 | +96.8% |
| Current portion of amounts payable after more than one year | 42 | €160,543 | €171,982 | +€11,439 | +7.1% |
| Trade debts | 44 | €73,541 | €118,018 | +€44,478 | +60.5% |
| Suppliers | 440/4 | €73,541 | €118,018 | +€44,478 | +60.5% |
| Taxes, remuneration and social security | 45 | €44,609 | €89,975 | +€45,366 | +102% |
| Taxes | 450/3 | €7,414 | €26,731 | +€19,317 | +261% |
| Remuneration and social security | 454/9 | €37,195 | €63,244 | +€26,049 | +70.0% |
| Other amounts payable | 47/48 | - | €168,428 | +€168,428 | |
| Accrued charges and deferred income | 492/3 | €1,241 | €910 | -€331 | -26.7% |
| Remuneration, social security and pensions | 62 | €519,171 | €523,790 | +€4,618 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,180 | €161,828 | +€648 | +0.4% |
| Other operating charges | 640/8 | €25,865 | €31,428 | +€5,563 | +21.5% |
| Non-recurring operating charges | 66A | - | €1,004 | +€1,004 | |
| Gross operating margin | 9900 | €1,081,225 | €1,130,655 | +€49,430 | +4.6% |
| Operating profit (loss) | 9901 | €375,009 | €412,606 | +€37,596 | +10.0% |
| Financial income | 75/76B | €4,047 | €226,296 | +€222,249 | +5,492% |
| Recurring financial income | 75 | €4,047 | €226,296 | +€222,249 | +5,492% |
| Financial charges | 65/66B | €47,660 | €67,481 | +€19,821 | +41.6% |
| Recurring financial charges | 65 | €47,660 | €67,481 | +€19,821 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €331,396 | €571,420 | +€240,024 | +72.4% |
| Transfer from deferred taxes | 780 | €1,158 | €1,997 | +€840 | +72.5% |
| Income taxes | 67/77 | €59,797 | €78,372 | +€18,575 | +31.1% |
| Profit (loss) for the period | 9904 | €272,757 | €495,045 | +€222,288 | +81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €272,757 | €495,045 | +€222,288 | +81.5% |
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 22 October 2026 via checked.be.