LA PREVOTE: 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.
What changed
LA PREVOTE
NACE 55.100, Hotels and similar accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€184,496
2024 · €123,795+€60,701
Equity
€1.2m
2024 · €1.0m+€160,741
Cash
€646,998
2024 · €642,543+€4,455
Balance sheet total
€2.4m
2024 · €2.4m-€86,876
Largest movements
Assets
- Tangible fixed assets -€119,326
down €119,326 (-7.2%), from €1.7m to €1.5m
of which Land and buildings: -€117,419
Equity and liabilities
- Profit (loss) carried forward +€184,496
up €184,496 (+21.8%), from €845,624 to €1.0m
- Debts after one year -€133,751
down €133,751 (-19.3%), from €693,467 to €559,715
- Other debts -€101,726
down €101,726 (-66.3%), from €153,436 to €51,710
Income statement
- Gross operating margin +€87,713
up €87,713 (+8.5%), from €1.0m to €1.1m
- Taxes +€23,678
up €23,678 (+59.5%), from €39,799 to €63,477
- Depreciation +€18,491
up €18,491 (+8.9%), from €208,721 to €227,213
- Staff costs -€11,754
down €11,754 (-1.9%), from €632,287 to €620,533
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.
Result 2024
€123,795
Gross operating margin
+€87,713
Staff costs
+€11,754
Depreciation
-€18,491
Other operating charges
-€2,812
Other operating items
-€224
Financial income
-€944
Financial charges
+€7,385
Taxes
-€23,678
Result 2025
€184,496
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€271,865
Investment
-€107,887
Financing
-€159,523
Cash 2024
€642,543
From operations (derived)
+€271,865
Net result for the year
+€184,496
Depreciation
+€227,213
Stocks and contracts
-€19,579
Smaller working-capital items
-€693
Deferred charges and accrued income
-€7,967
Trade debts
-€3,250
Tax, wage and social debts
-€6,630
Other debts
-€101,726
Investment (derived)
-€107,887
Investment in fixed assets (net)
-€107,887
Financing
-€159,523
Debts after one year
-€133,751
Current portion of long-term debt
-€2,016
Contributions, distributions and other
-€23,755
Cash 2025
€646,998
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,442,026 | €2,355,150 | -€86,876 | -3.6% |
| Fixed assets | 21/28 | €1,666,588 | €1,547,262 | -€119,326 | -7.2% |
| Tangible fixed assets | 22/27 | €1,666,188 | €1,546,862 | -€119,326 | -7.2% |
| Land and buildings | 22 | €1,504,727 | €1,387,308 | -€117,419 | -7.8% |
| Plant, machinery and equipment | 23 | €62,993 | €76,139 | +€13,145 | +20.9% |
| Furniture and vehicles | 24 | €98,468 | €83,415 | -€15,053 | -15.3% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €775,437 | €807,888 | +€32,451 | +4.2% |
| Stocks and contracts in progress | 3 | €66,423 | €86,002 | +€19,579 | +29.5% |
| Stocks | 30/36 | €66,423 | €86,002 | +€19,579 | +29.5% |
| Amounts receivable within one year | 40/41 | €52,353 | €52,802 | +€449 | +0.9% |
| Trade receivables | 40 | €39,684 | €52,802 | +€13,118 | +33.1% |
| Other amounts receivable | 41 | €12,669 | - | -€12,669 | |
| Cash at bank and in hand | 54/58 | €642,543 | €646,998 | +€4,455 | +0.7% |
| Deferred charges and accrued income | 490/1 | €14,118 | €22,085 | +€7,967 | +56.4% |
| Total equity and liabilities | 10/49 | €2,442,026 | €2,355,150 | -€86,876 | -3.6% |
| Equity | 10/15 | €1,032,825 | €1,193,566 | +€160,741 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €845,624 | €1,030,121 | +€184,496 | +21.8% |
| Investment grants | 15 | €166,741 | €142,986 | -€23,755 | -14.2% |
| Amounts payable | 17/49 | €1,409,200 | €1,161,584 | -€247,616 | -17.6% |
| Amounts payable after more than one year | 17 | €693,467 | €559,715 | -€133,751 | -19.3% |
| Financial debts | 170/4 | €693,467 | €559,715 | -€133,751 | -19.3% |
| Amounts payable within one year | 42/48 | €715,196 | €601,575 | -€113,622 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €135,767 | €133,751 | -€2,016 | -1.5% |
| Trade debts | 44 | €299,204 | €295,953 | -€3,250 | -1.1% |
| Suppliers | 440/4 | €299,204 | €295,953 | -€3,250 | -1.1% |
| Taxes, remuneration and social security | 45 | €126,790 | €120,160 | -€6,630 | -5.2% |
| Taxes | 450/3 | €70,126 | €62,546 | -€7,580 | -10.8% |
| Remuneration and social security | 454/9 | €56,664 | €57,614 | +€950 | +1.7% |
| Other amounts payable | 47/48 | €153,436 | €51,710 | -€101,726 | -66.3% |
| Accrued charges and deferred income | 492/3 | €537 | €294 | -€243 | -45.3% |
| Remuneration, social security and pensions | 62 | €632,287 | €620,533 | -€11,754 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208,721 | €227,213 | +€18,491 | +8.9% |
| Other operating charges | 640/8 | €16,541 | €19,354 | +€2,812 | +17.0% |
| Non-recurring operating charges | 66A | - | €224 | +€224 | |
| Gross operating margin | 9900 | €1,032,095 | €1,119,808 | +€87,713 | +8.5% |
| Operating profit (loss) | 9901 | €174,546 | €252,484 | +€77,938 | +44.7% |
| Financial income | 75/76B | €30,118 | €29,174 | -€944 | -3.1% |
| Recurring financial income | 75 | €30,118 | €29,174 | -€944 | -3.1% |
| Financial charges | 65/66B | €41,070 | €33,685 | -€7,385 | -18.0% |
| Recurring financial charges | 65 | €41,070 | €33,685 | -€7,385 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €163,594 | €247,974 | +€84,379 | +51.6% |
| Income taxes | 67/77 | €39,799 | €63,477 | +€23,678 | +59.5% |
| Profit (loss) for the period | 9904 | €123,795 | €184,496 | +€60,701 | +49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €123,795 | €184,496 | +€60,701 | +49.0% |
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 20 October 2026 via checked.be.