INTERSTATE HOTEL GROUP: 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.
INTERSTATE HOTEL GROUP
Largest movements
- Cash -€15,737
down €15,737 (-99.6%), from €15,804 to €68
mainly Trade debts (-€35,844) and Tax, wage and social debts (-€32,002)
- Tangible fixed assets -€7,350
down €7,350 (-22.4%), from €32,788 to €25,438
of which Land and buildings: -€5,097
- Receivables within one year -€7,018
down €7,018 (-37.3%), from €18,798 to €11,780
of which Other amounts receivable: -€8,693
- Trade debts -€35,844
down €35,844 (-62.3%), from €57,580 to €21,736
- Tax, wage and social debts -€32,002
down €32,002 (-90.4%), from €35,412 to €3,409
of which Remuneration and social security: -€27,948
- Other debts +€31,460
up €31,460 (+753%), from €4,180 to €35,640
- Short-term financial debts +€15,663
new in 2024: €15,663
- Profit (loss) carried forward -€6,263
down €6,263 (-10.7%), from -€58,295 to -€64,557
- Other operating charges -€23,274
down €23,274 (-43.1%), from €53,975 to €30,701
- Gross operating margin +€16,215
up €16,215 (+33.4%), from €48,515 to €64,729
- Taxes -€14,064
down €14,064 (-96.6%), from €14,554 to €490
- Financial charges +€3,634
up €3,634 (+34.0%), from €10,703 to €14,336
- Staff costs -€1,048
down €1,048 (-5.8%), from €18,147 to €17,098
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,593 | €37,875 | -€30,718 | -44.8% |
| Fixed assets | 21/28 | €32,938 | €25,588 | -€7,350 | -22.3% |
| Tangible fixed assets | 22/27 | €32,788 | €25,438 | -€7,350 | -22.4% |
| Land and buildings | 22 | €26,216 | €21,119 | -€5,097 | -19.4% |
| Plant, machinery and equipment | 23 | €6,572 | €4,319 | -€2,253 | -34.3% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €35,655 | €12,287 | -€23,368 | -65.5% |
| Stocks and contracts in progress | 3 | €1,053 | €440 | -€614 | -58.3% |
| Stocks | 30/36 | €1,053 | €440 | -€614 | -58.3% |
| Amounts receivable within one year | 40/41 | €18,798 | €11,780 | -€7,018 | -37.3% |
| Trade receivables | 40 | €7,256 | €8,931 | +€1,675 | +23.1% |
| Other amounts receivable | 41 | €11,541 | €2,849 | -€8,693 | -75.3% |
| Cash at bank and in hand | 54/58 | €15,804 | €68 | -€15,737 | -99.6% |
| Total equity and liabilities | 10/49 | €68,593 | €37,875 | -€30,718 | -44.8% |
| Equity | 10/15 | -€37,835 | -€44,097 | -€6,263 | -16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,295 | -€64,557 | -€6,263 | -10.7% |
| Amounts payable | 17/49 | €106,428 | €81,973 | -€24,455 | -23.0% |
| Amounts payable after more than one year | 17 | €5,524 | €1,670 | -€3,854 | -69.8% |
| Financial debts | 170/4 | €5,524 | €1,670 | -€3,854 | -69.8% |
| Amounts payable within one year | 42/48 | €100,904 | €80,303 | -€20,601 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €3,731 | €3,854 | +€123 | +3.3% |
| Financial debts | 43 | - | €15,663 | +€15,663 | |
| Credit institutions | 430/8 | - | €15,663 | +€15,663 | |
| Trade debts | 44 | €57,580 | €21,736 | -€35,844 | -62.3% |
| Suppliers | 440/4 | €57,580 | €21,736 | -€35,844 | -62.3% |
| Taxes, remuneration and social security | 45 | €35,412 | €3,409 | -€32,002 | -90.4% |
| Taxes | 450/3 | €4,054 | - | -€4,054 | |
| Remuneration and social security | 454/9 | €31,358 | €3,409 | -€27,948 | -89.1% |
| Other amounts payable | 47/48 | €4,180 | €35,640 | +€31,460 | +753% |
| Remuneration, social security and pensions | 62 | €18,147 | €17,098 | -€1,048 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,225 | €8,940 | -€285 | -3.1% |
| Other operating charges | 640/8 | €53,975 | €30,701 | -€23,274 | -43.1% |
| Gross operating margin | 9900 | €48,515 | €64,729 | +€16,215 | +33.4% |
| Operating profit (loss) | 9901 | -€32,832 | €7,990 | +€40,822 | |
| Financial income | 75/76B | €37 | €574 | +€537 | +1,464% |
| Recurring financial income | 75 | €37 | €574 | +€537 | +1,464% |
| Financial charges | 65/66B | €10,703 | €14,336 | +€3,634 | +34.0% |
| Recurring financial charges | 65 | €10,703 | €14,336 | +€3,634 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | -€43,498 | -€5,772 | +€37,726 | +86.7% |
| Income taxes | 67/77 | €14,554 | €490 | -€14,064 | -96.6% |
| Profit (loss) for the period | 9904 | -€58,052 | -€6,263 | +€51,789 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,052 | -€6,263 | +€51,789 | +89.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.