hotelligen: what changed
Two fiscal 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.
hotelligen
Largest movements
- Receivables within one year +€55,625
up €55,625 (+82.6%), from €67,312 to €122,937
of which Trade receivables: +€57,934
- Cash +€51,124
up €51,124 (+129.4%), from €39,521 to €90,645
mainly Trade debts (+€92,351) and Tax, wage and social debts (+€20,731)
- Deferred charges and accrued income -€2,565
down €2,565 (-77.3%), from €3,318 to €753
- Trade debts +€92,351
up €92,351 (+120.7%), from €76,528 to €168,879
- Tax, wage and social debts +€20,731
up €20,731 (+71.9%), from €28,825 to €49,557
of which Remuneration and social security: +€15,402
- Profit (loss) carried forward -€7,967
down €7,967 (-15.0%), from -€53,152 to -€61,119
- Gross operating margin +€49,520
up €49,520 (+19.1%), from €258,893 to €308,413
- Staff costs +€11,534
up €11,534 (+4.6%), from €252,761 to €264,295
- Other operating charges +€6,578
up €6,578 (+31.1%), from €21,131 to €27,709
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.
Cash bridge derived
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 | €116,659 | €220,276 | +€103,617 | +88.8% |
| Fixed assets | 21/28 | €6,509 | €5,942 | -€567 | -8.7% |
| Tangible fixed assets | 22/27 | €2,738 | €2,170 | -€567 | -20.7% |
| Plant, machinery and equipment | 23 | €2,738 | €2,170 | -€567 | -20.7% |
| Financial fixed assets | 28 | €3,771 | €3,771 | = | 0.0% |
| Current assets | 29/58 | €110,150 | €214,335 | +€104,185 | +94.6% |
| Amounts receivable within one year | 40/41 | €67,312 | €122,937 | +€55,625 | +82.6% |
| Trade receivables | 40 | €63,130 | €121,063 | +€57,934 | +91.8% |
| Other amounts receivable | 41 | €4,182 | €1,873 | -€2,308 | -55.2% |
| Cash at bank and in hand | 54/58 | €39,521 | €90,645 | +€51,124 | +129.4% |
| Deferred charges and accrued income | 490/1 | €3,318 | €753 | -€2,565 | -77.3% |
| Total equity and liabilities | 10/49 | €116,659 | €220,276 | +€103,617 | +88.8% |
| Equity | 10/15 | €9,808 | €1,841 | -€7,967 | -81.2% |
| 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 | €960 | €960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €960 | €960 | = | 0.0% |
| Legal reserve | 130 | €960 | €960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,152 | -€61,119 | -€7,967 | -15.0% |
| Amounts payable | 17/49 | €106,851 | €218,436 | +€111,584 | +104.4% |
| Amounts payable within one year | 42/48 | €106,851 | €218,436 | +€111,584 | +104.4% |
| Trade debts | 44 | €76,528 | €168,879 | +€92,351 | +120.7% |
| Suppliers | 440/4 | €76,528 | €168,879 | +€92,351 | +120.7% |
| Advances received on contracts in progress | 46 | €58 | - | -€58 | |
| Taxes, remuneration and social security | 45 | €28,825 | €49,557 | +€20,731 | +71.9% |
| Taxes | 450/3 | €1,727 | €7,056 | +€5,329 | +308.5% |
| Remuneration and social security | 454/9 | €27,098 | €42,500 | +€15,402 | +56.8% |
| Other amounts payable | 47/48 | €1,440 | - | -€1,440 | |
| Non-recurring operating income | 76A | - | €20,603 | +€20,603 | |
| Remuneration, social security and pensions | 62 | €252,761 | €264,295 | +€11,534 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €465 | €567 | +€103 | +22.1% |
| Other operating charges | 640/8 | €21,131 | €27,709 | +€6,578 | +31.1% |
| Non-recurring operating charges | 66A | - | €9,350 | +€9,350 | |
| Gross operating margin | 9900 | €258,893 | €308,413 | +€49,520 | +19.1% |
| Operating profit (loss) | 9901 | -€15,464 | €6,492 | +€21,956 | |
| Financial income | 75/76B | €26 | €245 | +€219 | +841.4% |
| Recurring financial income | 75 | €26 | €245 | +€219 | +841.4% |
| Financial charges | 65/66B | €15,487 | €14,704 | -€783 | -5.1% |
| Recurring financial charges | 65 | €15,487 | €14,704 | -€783 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,925 | -€7,967 | +€22,958 | +74.2% |
| Profit (loss) for the period | 9904 | -€30,925 | -€7,967 | +€22,958 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,925 | -€7,967 | +€22,958 | +74.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.