HOTELET Albert: what changed
What changed
HOTELET Albert
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€61,327
2024 · €19,023+€42,303
Equity
€995,500
2024 · €934,173+€61,327
Cash
€196,398
2024 · €345,142-€148,744
Balance sheet total
€1.3m
2024 · €1.4m-€33,326
Largest movements
Assets
- Cash -€148,744
down €148,744 (-43.1%), from €345,142 to €196,398
mainly Investment in fixed assets (net) (-€150,305) and Debts after one year (-€56,460)
- Tangible fixed assets +€104,378
up €104,378 (+10.8%), from €970,226 to €1.1m
of which Land and buildings: +€112,771
Equity and liabilities
- Profit (loss) carried forward +€63,346
up €63,346 (+7.2%), from €877,457 to €940,802
- Debts after one year -€56,460
down €56,460 (-32.1%), from €176,106 to €119,647
- Trade debts -€27,180
down €27,180 (-63.3%), from €42,947 to €15,766
- Tax, wage and social debts +€19,768
up €19,768 (+30.2%), from €65,505 to €85,273
- Short-term financial debts -€16,565
down €16,565 (-47.3%), from €35,000 to €18,435
Income statement
- Gross operating margin +€36,309
up €36,309 (+27.8%), from €130,472 to €166,781
- Taxes -€15,986
down €15,986 (-30.8%), from €51,886 to €35,900
- Other operating charges +€8,642
up €8,642 (+95.9%), from €9,013 to €17,655
- Depreciation +€2,681
up €2,681 (+6.2%), from €43,246 to €45,927
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€19,023
Gross operating margin
+€36,309
Depreciation
-€2,681
Other operating charges
-€8,642
Financial income
+€98
Financial charges
+€1,234
Taxes
+€15,986
Result 2025
€61,327
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€73,966
Investment
-€150,305
Financing
-€72,404
Cash 2024
€345,142
From operations (derived)
+€73,966
Net result for the year
+€61,327
Depreciation
+€45,927
Receivables within one year
-€10,149
Deferred charges and accrued income
-€891
Provisions
-€825
Trade debts
-€27,180
Tax, wage and social debts
+€19,768
Other debts
-€14,859
Accrued charges and deferred income
+€847
Investment (derived)
-€150,305
Investment in fixed assets (net)
-€150,305
Financing
-€72,404
Debts after one year
-€56,460
Current portion of long-term debt
+€620
Short-term financial debts
-€16,565
Cash 2025
€196,398
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,369,370 | €1,336,044 | -€33,326 | -2.4% |
| Fixed assets | 21/28 | €970,259 | €1,074,637 | +€104,378 | +10.8% |
| Tangible fixed assets | 22/27 | €970,226 | €1,074,604 | +€104,378 | +10.8% |
| Land and buildings | 22 | €885,585 | €998,356 | +€112,771 | +12.7% |
| Plant, machinery and equipment | 23 | €15,432 | €13,642 | -€1,790 | -11.6% |
| Furniture and vehicles | 24 | €33,118 | €25,948 | -€7,170 | -21.6% |
| Other tangible fixed assets | 26 | €36,091 | €36,658 | +€567 | +1.6% |
| Financial fixed assets | 28 | €33 | €33 | = | 0.0% |
| Current assets | 29/58 | €399,111 | €261,407 | -€137,704 | -34.5% |
| Amounts receivable within one year | 40/41 | €50,288 | €60,437 | +€10,149 | +20.2% |
| Trade receivables | 40 | €50,288 | €60,437 | +€10,149 | +20.2% |
| Cash at bank and in hand | 54/58 | €345,142 | €196,398 | -€148,744 | -43.1% |
| Deferred charges and accrued income | 490/1 | €3,681 | €4,571 | +€891 | +24.2% |
| Total equity and liabilities | 10/49 | €1,369,370 | €1,336,044 | -€33,326 | -2.4% |
| Equity | 10/15 | €934,173 | €995,500 | +€61,327 | +6.6% |
| Contributions | 10/11 | €6,403 | €6,403 | = | 0.0% |
| Reserves | 13 | €50,314 | €48,295 | -€2,019 | -4.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,454 | €46,435 | -€2,019 | -4.2% |
| Profit (loss) carried forward | 14 | €877,457 | €940,802 | +€63,346 | +7.2% |
| Provisions and deferred taxes | 16 | €19,877 | €19,052 | -€825 | -4.1% |
| Deferred taxes | 168 | €19,877 | €19,052 | -€825 | -4.1% |
| Amounts payable | 17/49 | €415,321 | €321,492 | -€93,828 | -22.6% |
| Amounts payable after more than one year | 17 | €176,106 | €119,647 | -€56,460 | -32.1% |
| Financial debts | 170/4 | €176,106 | €119,647 | -€56,460 | -32.1% |
| Amounts payable within one year | 42/48 | €238,354 | €200,138 | -€38,216 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €55,839 | €56,460 | +€620 | +1.1% |
| Financial debts | 43 | €35,000 | €18,435 | -€16,565 | -47.3% |
| Credit institutions | 430/8 | €35,000 | €18,435 | -€16,565 | -47.3% |
| Trade debts | 44 | €42,947 | €15,766 | -€27,180 | -63.3% |
| Suppliers | 440/4 | €42,947 | €15,766 | -€27,180 | -63.3% |
| Advances received on contracts in progress | 46 | €17,256 | €17,256 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €65,505 | €85,273 | +€19,768 | +30.2% |
| Taxes | 450/3 | €65,505 | €85,273 | +€19,768 | +30.2% |
| Other amounts payable | 47/48 | €21,808 | €6,948 | -€14,859 | -68.1% |
| Accrued charges and deferred income | 492/3 | €861 | €1,708 | +€847 | +98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,246 | €45,927 | +€2,681 | +6.2% |
| Other operating charges | 640/8 | €9,013 | €17,655 | +€8,642 | +95.9% |
| Gross operating margin | 9900 | €130,472 | €166,781 | +€36,309 | +27.8% |
| Operating profit (loss) | 9901 | €78,213 | €103,198 | +€24,985 | +31.9% |
| Financial income | 75/76B | €979 | €1,078 | +€98 | +10.0% |
| Recurring financial income | 75 | €979 | €1,078 | +€98 | +10.0% |
| Financial charges | 65/66B | €9,108 | €7,874 | -€1,234 | -13.5% |
| Recurring financial charges | 65 | €9,108 | €7,874 | -€1,234 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €70,085 | €96,402 | +€26,317 | +37.6% |
| Transfer from deferred taxes | 780 | €825 | €825 | +€0 | 0.0% |
| Income taxes | 67/77 | €51,886 | €35,900 | -€15,986 | -30.8% |
| Profit (loss) for the period | 9904 | €19,023 | €61,327 | +€42,303 | +222% |
| Transfer from tax-exempt reserves | 789 | €2,019 | €2,019 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,042 | €63,346 | +€42,303 | +201% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.