Hotel Salvators & C°: 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 Salvators & C°
Largest movements
- Cash +€30,317
up €30,317 (+82.2%), from €36,899 to €67,216
mainly Depreciation (+€43,125) and Net result for the year (+€13,923)
- Tangible fixed assets -€18,874
down €18,874 (-3.0%), from €625,646 to €606,772
of which Land and buildings: -€29,212
- Profit (loss) carried forward +€13,923
up €13,923 (+3.6%), from -€383,106 to -€369,183
- Staff costs -€6,708
down €6,708 (-16.6%), from €40,358 to €33,649
- Gross operating margin -€4,409
down €4,409 (-3.5%), from €125,044 to €120,635
- Other operating charges +€4,369
up €4,369 (+19.9%), from €21,925 to €26,294
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 | €935,035 | €955,096 | +€20,061 | +2.1% |
| Fixed assets | 21/28 | €627,146 | €608,272 | -€18,874 | -3.0% |
| Tangible fixed assets | 22/27 | €625,646 | €606,772 | -€18,874 | -3.0% |
| Land and buildings | 22 | €622,780 | €593,568 | -€29,212 | -4.7% |
| Plant, machinery and equipment | 23 | €2,476 | €12,292 | +€9,815 | +396% |
| Furniture and vehicles | 24 | €391 | €913 | +€522 | +134% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €307,889 | €346,824 | +€38,935 | +12.6% |
| Amounts receivable within one year | 40/41 | €269,110 | €275,622 | +€6,512 | +2.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €269,110 | €275,622 | +€6,512 | +2.4% |
| Cash at bank and in hand | 54/58 | €36,899 | €67,216 | +€30,317 | +82.2% |
| Deferred charges and accrued income | 490/1 | €1,879 | €3,985 | +€2,106 | +112% |
| Total equity and liabilities | 10/49 | €935,035 | €955,096 | +€20,061 | +2.1% |
| Equity | 10/15 | €469,394 | €483,317 | +€13,923 | +3.0% |
| Contributions | 10/11 | €852,500 | €852,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€383,106 | -€369,183 | +€13,923 | +3.6% |
| Amounts payable | 17/49 | €465,641 | €471,779 | +€6,138 | +1.3% |
| Amounts payable after more than one year | 17 | €350,000 | €350,000 | = | 0.0% |
| Other amounts payable | 178/9 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €115,641 | €116,043 | +€402 | +0.3% |
| Trade debts | 44 | €19,985 | €23,279 | +€3,294 | +16.5% |
| Suppliers | 440/4 | €19,985 | €23,279 | +€3,294 | +16.5% |
| Taxes, remuneration and social security | 45 | €4,567 | €5,234 | +€667 | +14.6% |
| Taxes | 450/3 | €45 | €324 | +€279 | +619% |
| Remuneration and social security | 454/9 | €4,522 | €4,910 | +€388 | +8.6% |
| Other amounts payable | 47/48 | €91,089 | €87,530 | -€3,559 | -3.9% |
| Accrued charges and deferred income | 492/3 | €0 | €5,736 | +€5,736 | |
| Remuneration, social security and pensions | 62 | €40,358 | €33,649 | -€6,708 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,130 | €43,125 | +€995 | +2.4% |
| Other operating charges | 640/8 | €21,925 | €26,294 | +€4,369 | +19.9% |
| Gross operating margin | 9900 | €125,044 | €120,635 | -€4,409 | -3.5% |
| Operating profit (loss) | 9901 | €20,631 | €17,567 | -€3,064 | -14.9% |
| Financial income | 75/76B | €0 | €308 | +€308 | |
| Recurring financial income | 75 | €0 | €308 | +€308 | |
| Financial charges | 65/66B | €4,292 | €3,952 | -€340 | -7.9% |
| Recurring financial charges | 65 | €4,292 | €3,952 | -€340 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €16,339 | €13,923 | -€2,416 | -14.8% |
| Profit (loss) for the period | 9904 | €16,339 | €13,923 | -€2,416 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,339 | €13,923 | -€2,416 | -14.8% |
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 31 October 2026 via checked.be.