LD HOTELHOGE: what changed
What changed
LD HOTELHOGE
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€47,163
2024 · -€8,348-€38,815
Equity
-€75,470
2024 · -€28,307-€47,163
Cash
€1,238
2024 · €13+€1,225
Balance sheet total
€264,432
2024 · €120,257+€144,175
Largest movements
Assets
- Tangible fixed assets +€147,661
up €147,661 (+577%), from €25,569 to €173,230
- Formation expenses -€5,651
down €5,651 (-6.0%), from €94,674 to €89,023
Equity and liabilities
- Debts after one year +€152,000
new in 2025: €152,000
- Profit (loss) carried forward -€47,163
down €47,163 (-153%), from -€30,807 to -€77,970
- Other debts +€38,022
up €38,022 (+25.7%), from €147,861 to €185,884
Income statement
- Other operating charges +€22,582
new in 2025: €22,582
- Gross operating margin -€8,750
down €8,750 (-818%), from -€1,069 to -€9,819
- Financial charges +€4,633
up €4,633 (+2,842%), from €163 to €4,796
- Depreciation +€2,875
up €2,875 (+40.4%), from €7,115 to €9,990
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
-€8,348
Gross operating margin
-€8,750
Depreciation
-€2,875
Other operating charges
-€22,582
Financial income
+€24
Financial charges
-€4,633
Result 2025
-€47,163
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
+€1,225
Investment
-€152,000
Financing
+€152,000
Cash 2024
€13
From operations (derived)
+€1,225
Net result for the year
-€47,163
Depreciation
+€9,990
Receivables within one year
-€940
Trade debts
+€1,315
Other debts
+€38,022
Investment (derived)
-€152,000
Investment in fixed assets (net)
-€152,000
Financing
+€152,000
Debts after one year
+€152,000
Cash 2025
€1,238
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,257 | €264,432 | +€144,175 | +120% |
| Formation expenses | 20 | €94,674 | €89,023 | -€5,651 | -6.0% |
| Fixed assets | 21/28 | €25,569 | €173,230 | +€147,661 | +577% |
| Tangible fixed assets | 22/27 | €25,569 | €173,230 | +€147,661 | +577% |
| Land and buildings | 22 | €25,569 | €173,230 | +€147,661 | +577% |
| Current assets | 29/58 | €13 | €2,178 | +€2,165 | +16,241% |
| Amounts receivable within one year | 40/41 | - | €940 | +€940 | |
| Trade receivables | 40 | - | €500 | +€500 | |
| Other amounts receivable | 41 | - | €440 | +€440 | |
| Cash at bank and in hand | 54/58 | €13 | €1,238 | +€1,225 | +9,186% |
| Total equity and liabilities | 10/49 | €120,257 | €264,432 | +€144,175 | +120% |
| Equity | 10/15 | -€28,307 | -€75,470 | -€47,163 | -167% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,807 | -€77,970 | -€47,163 | -153% |
| Amounts payable | 17/49 | €148,564 | €339,902 | +€191,338 | +129% |
| Amounts payable after more than one year | 17 | - | €152,000 | +€152,000 | |
| Financial debts | 170/4 | - | €152,000 | +€152,000 | |
| Amounts payable within one year | 42/48 | €148,564 | €187,902 | +€39,338 | +26.5% |
| Trade debts | 44 | €703 | €2,018 | +€1,315 | +187% |
| Suppliers | 440/4 | €703 | €2,018 | +€1,315 | +187% |
| Other amounts payable | 47/48 | €147,861 | €185,884 | +€38,022 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,115 | €9,990 | +€2,875 | +40.4% |
| Other operating charges | 640/8 | - | €22,582 | +€22,582 | |
| Gross operating margin | 9900 | -€1,069 | -€9,819 | -€8,750 | -818% |
| Operating profit (loss) | 9901 | -€8,185 | -€42,391 | -€34,206 | -418% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €163 | €4,796 | +€4,633 | +2,842% |
| Recurring financial charges | 65 | €163 | €4,796 | +€4,633 | +2,842% |
| Profit (loss) for the period before taxes | 9903 | -€8,348 | -€47,163 | -€38,815 | -465% |
| Profit (loss) for the period | 9904 | -€8,348 | -€47,163 | -€38,815 | -465% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,348 | -€47,163 | -€38,815 | -465% |
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 6 November 2026 via checked.be.