Hotel NVDV: 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 NVDV
Largest movements
- Receivables after one year +€27,563
up €27,563 (+18.3%), from €151,007 to €178,570
- Receivables within one year -€19,332
down €19,332 (-33.3%), from €58,052 to €38,720
- Cash -€9,637
down €9,637 (-54.4%), from €17,703 to €8,066
mainly Other debts (-€38,293) and Receivables after one year (-€27,563)
- Reserves +€59,272
up €59,272 (+10.7%), from €555,076 to €614,348
- Other debts -€38,293
down €38,293 (-29.9%), from €128,140 to €89,847
- Trade debts -€24,071
down €24,071 (-91.6%), from €26,291 to €2,219
- Taxes +€5,278
up €5,278 (+19.5%), from €27,017 to €32,296
- Gross operating margin +€4,053
up €4,053 (+4.3%), from €93,432 to €97,485
- Financial charges +€2,290
up €2,290 (+147%), from €1,558 to €3,847
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 | €849,019 | €847,614 | -€1,405 | -0.2% |
| Fixed assets | 21/28 | €622,257 | €622,257 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,400 | €1,400 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,400 | €1,400 | = | 0.0% |
| Financial fixed assets | 28 | €620,857 | €620,857 | = | 0.0% |
| Current assets | 29/58 | €226,762 | €225,356 | -€1,405 | -0.6% |
| Amounts receivable after more than one year | 29 | €151,007 | €178,570 | +€27,563 | +18.3% |
| Trade receivables | 290 | €151,007 | €178,570 | +€27,563 | +18.3% |
| Amounts receivable within one year | 40/41 | €58,052 | €38,720 | -€19,332 | -33.3% |
| Trade receivables | 40 | €58,052 | €38,720 | -€19,332 | -33.3% |
| Cash at bank and in hand | 54/58 | €17,703 | €8,066 | -€9,637 | -54.4% |
| Total equity and liabilities | 10/49 | €849,019 | €847,614 | -€1,405 | -0.2% |
| Equity | 10/15 | €626,622 | €685,893 | +€59,272 | +9.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €555,076 | €614,348 | +€59,272 | +10.7% |
| Distributable reserves | 133 | €555,076 | €614,348 | +€59,272 | +10.7% |
| Profit (loss) carried forward | 14 | €59,145 | €59,145 | = | 0.0% |
| Amounts payable | 17/49 | €222,397 | €161,720 | -€60,677 | -27.3% |
| Amounts payable within one year | 42/48 | €222,010 | €161,321 | -€60,689 | -27.3% |
| Trade debts | 44 | €26,291 | €2,219 | -€24,071 | -91.6% |
| Suppliers | 440/4 | €26,291 | €2,219 | -€24,071 | -91.6% |
| Taxes, remuneration and social security | 45 | €67,580 | €69,255 | +€1,675 | +2.5% |
| Taxes | 450/3 | €67,580 | €69,255 | +€1,675 | +2.5% |
| Other amounts payable | 47/48 | €128,140 | €89,847 | -€38,293 | -29.9% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Other operating charges | 640/8 | €1,364 | €2,070 | +€706 | +51.7% |
| Gross operating margin | 9900 | €93,432 | €97,485 | +€4,053 | +4.3% |
| Operating profit (loss) | 9901 | €92,068 | €95,415 | +€3,347 | +3.6% |
| Financial charges | 65/66B | €1,558 | €3,847 | +€2,290 | +147% |
| Recurring financial charges | 65 | €1,558 | €3,847 | +€2,290 | +147% |
| Profit (loss) for the period before taxes | 9903 | €90,510 | €91,567 | +€1,057 | +1.2% |
| Income taxes | 67/77 | €27,017 | €32,296 | +€5,278 | +19.5% |
| Profit (loss) for the period | 9904 | €63,493 | €59,272 | -€4,221 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,493 | €59,272 | -€4,221 | -6.6% |
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.