Hotel Pacific: 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 Pacific
Largest movements
- Receivables after one year -€182,000
down €182,000 (-100%), from €182,000 to €0
- Receivables within one year +€127,264
up €127,264 (+29.9%), from €425,668 to €552,932
of which Other amounts receivable: +€213,942
- Cash -€88,795
down €88,795 (-45.0%), from €197,527 to €108,732
mainly Other debts (-€164,026) and Receivables within one year (-€127,264)
- Tangible fixed assets -€28,998
down €28,998 (-11.8%), from €245,300 to €216,302
of which Other tangible fixed assets: -€23,541
- Other debts -€164,026
down €164,026 (-89.5%), from €183,319 to €19,293
- Trade debts +€46,137
up €46,137 (+27.8%), from €165,800 to €211,937
- Profit (loss) carried forward +€42,738
up €42,738 (+72.8%), from -€58,743 to -€16,004
- Debts after one year -€42,733
down €42,733 (-19.1%), from €223,921 to €181,188
- Reserves -€35,164
down €35,164 (-59.8%), from €58,838 to €23,674
of which Distributable reserves: -€35,164
- Staff costs -€58,503
down €58,503 (-15.7%), from €372,705 to €314,202
- Other operating charges +€15,117
up €15,117 (+29.6%), from €51,148 to €66,265
- Gross operating margin +€12,854
up €12,854 (+2.7%), from €470,737 to €483,591
- Taxes -€11,494
down €11,494 (-83.7%), from €13,726 to €2,232
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 | €1,061,930 | €897,226 | -€164,705 | -15.5% |
| Fixed assets | 21/28 | €247,223 | €217,685 | -€29,538 | -11.9% |
| Intangible fixed assets | 21 | €540 | €0 | -€540 | -100% |
| Tangible fixed assets | 22/27 | €245,300 | €216,302 | -€28,998 | -11.8% |
| Plant, machinery and equipment | 23 | €20,069 | €12,010 | -€8,059 | -40.2% |
| Furniture and vehicles | 24 | €2,086 | €4,688 | +€2,602 | +125% |
| Other tangible fixed assets | 26 | €223,145 | €199,604 | -€23,541 | -10.5% |
| Financial fixed assets | 28 | €1,383 | €1,383 | = | 0.0% |
| Current assets | 29/58 | €814,707 | €679,540 | -€135,167 | -16.6% |
| Amounts receivable after more than one year | 29 | €182,000 | €0 | -€182,000 | -100% |
| Other amounts receivable | 291 | €182,000 | €0 | -€182,000 | -100% |
| Stocks and contracts in progress | 3 | €6,512 | €4,412 | -€2,100 | -32.2% |
| Stocks | 30/36 | €6,512 | €4,412 | -€2,100 | -32.2% |
| Amounts receivable within one year | 40/41 | €425,668 | €552,932 | +€127,264 | +29.9% |
| Trade receivables | 40 | €155,264 | €68,586 | -€86,679 | -55.8% |
| Other amounts receivable | 41 | €270,404 | €484,346 | +€213,942 | +79.1% |
| Cash at bank and in hand | 54/58 | €197,527 | €108,732 | -€88,795 | -45.0% |
| Deferred charges and accrued income | 490/1 | €3,000 | €13,465 | +€10,465 | +349% |
| Total equity and liabilities | 10/49 | €1,061,930 | €897,226 | -€164,705 | -15.5% |
| Equity | 10/15 | €212,095 | €219,669 | +€7,574 | +3.6% |
| Contributions | 10/11 | €212,000 | €212,000 | = | 0.0% |
| Capital | 10 | €212,000 | €212,000 | = | 0.0% |
| Issued capital | 100 | €212,000 | €212,000 | = | 0.0% |
| Reserves | 13 | €58,838 | €23,674 | -€35,164 | -59.8% |
| Non-distributable reserves | 130/1 | €21,691 | €21,691 | = | 0.0% |
| Legal reserve | 130 | €21,691 | €21,691 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,983 | €1,983 | = | 0.0% |
| Distributable reserves | 133 | €35,164 | €0 | -€35,164 | -100% |
| Profit (loss) carried forward | 14 | -€58,743 | -€16,004 | +€42,738 | +72.8% |
| Amounts payable | 17/49 | €849,835 | €677,556 | -€172,279 | -20.3% |
| Amounts payable after more than one year | 17 | €223,921 | €181,188 | -€42,733 | -19.1% |
| Financial debts | 170/4 | €223,921 | €181,188 | -€42,733 | -19.1% |
| Amounts payable within one year | 42/48 | €624,315 | €493,658 | -€130,657 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €67,226 | €76,861 | +€9,635 | +14.3% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €165,800 | €211,937 | +€46,137 | +27.8% |
| Suppliers | 440/4 | €165,800 | €211,937 | +€46,137 | +27.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €82,970 | €60,568 | -€22,402 | -27.0% |
| Taxes | 450/3 | €35,674 | €20,280 | -€15,394 | -43.2% |
| Remuneration and social security | 454/9 | €47,296 | €40,288 | -€7,008 | -14.8% |
| Other amounts payable | 47/48 | €183,319 | €19,293 | -€164,026 | -89.5% |
| Accrued charges and deferred income | 492/3 | €1,599 | €2,710 | +€1,111 | +69.5% |
| Remuneration, social security and pensions | 62 | €372,705 | €314,202 | -€58,503 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,063 | €63,426 | -€637 | -1.0% |
| Other operating charges | 640/8 | €51,148 | €66,265 | +€15,117 | +29.6% |
| Gross operating margin | 9900 | €470,737 | €483,591 | +€12,854 | +2.7% |
| Operating profit (loss) | 9901 | -€17,179 | €39,698 | +€56,877 | |
| Financial income | 75/76B | €10,041 | €6,704 | -€3,337 | -33.2% |
| Recurring financial income | 75 | €10,041 | €6,704 | -€3,337 | -33.2% |
| Financial charges | 65/66B | €37,879 | €36,596 | -€1,283 | -3.4% |
| Recurring financial charges | 65 | €37,879 | €36,596 | -€1,283 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€45,017 | €9,806 | +€54,823 | |
| Income taxes | 67/77 | €13,726 | €2,232 | -€11,494 | -83.7% |
| Profit (loss) for the period | 9904 | -€58,743 | €7,574 | +€66,317 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,743 | €7,574 | +€66,317 |
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 25 October 2026 via checked.be.