Les volets verts: what changed
What changed
Les volets verts
NACE 55.204, Guest rooms (bed and breakfast)
filed annual accounts (NBB)
Net result for the year
-€37,839
2024 · -€35,732-€2,107
Equity
€154,126
2024 · €196,708-€42,582
Cash
€4,020
2024 · €16,103-€12,083
Balance sheet total
€185,356
2024 · €224,184-€38,827
Largest movements
Assets
- Tangible fixed assets -€27,085
down €27,085 (-13.1%), from €206,754 to €179,669
of which Land and buildings: -€23,656
- Cash -€12,083
down €12,083 (-75.0%), from €16,103 to €4,020
mainly Net result for the year (-€37,839) and Contributions, distributions and other (-€4,744)
Equity and liabilities
- Profit (loss) carried forward -€37,839
down €37,839 (-51.3%), from -€73,786 to -€111,625
- Other debts +€6,640
up €6,640 (+54.8%), from €12,123 to €18,763
- Reserves -€4,744
down €4,744 (-23.1%), from €20,557 to €15,814
- Debts after one year -€3,204
down €3,204 (-60.9%), from €5,261 to €2,057
Income statement
- Gross operating margin -€3,750
down €3,750 (-54.7%), from -€6,858 to -€10,608
- Depreciation +€1,291
up €1,291 (+4.7%), from €27,413 to €28,703
- Financial income -€285
down €285 (-73.0%), from €390 to €105
- Other operating charges -€265
down €265 (-6.0%), from €4,417 to €4,151
- Taxes +€211
up €211 (+1,916%), from €11 to €222
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
-€35,732
Gross operating margin
-€3,750
Depreciation
-€1,291
Other operating charges
+€265
Other operating items
+€3,067
Financial income
-€285
Financial charges
+€98
Taxes
-€211
Result 2025
-€37,839
raises the resultlowers the resultnot broken down further in the accounts
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
-€3,039
Investment
-€1,618
Financing
-€7,426
Cash 2024
€16,103
From operations (derived)
-€3,039
Net result for the year
-€37,839
Depreciation
+€28,703
Receivables within one year
-€270
Deferred charges and accrued income
-€71
Provisions
-€1,581
Trade debts
+€1,203
Tax, wage and social debts
+€176
Other debts
+€6,640
Investment (derived)
-€1,618
Investment in fixed assets (net)
-€1,618
Financing
-€7,426
Debts after one year
-€3,204
Current portion of long-term debt
+€381
Short-term financial debts
+€141
Contributions, distributions and other
-€4,744
Cash 2025
€4,020
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,184 | €185,356 | -€38,827 | -17.3% |
| Fixed assets | 21/28 | €206,754 | €179,669 | -€27,085 | -13.1% |
| Tangible fixed assets | 22/27 | €206,754 | €179,669 | -€27,085 | -13.1% |
| Land and buildings | 22 | €188,743 | €165,087 | -€23,656 | -12.5% |
| Plant, machinery and equipment | 23 | - | €1,446 | +€1,446 | |
| Furniture and vehicles | 24 | €15,677 | €10,802 | -€4,875 | -31.1% |
| Other tangible fixed assets | 26 | €2,334 | €2,334 | = | 0.0% |
| Current assets | 29/58 | €17,430 | €5,687 | -€11,742 | -67.4% |
| Amounts receivable within one year | 40/41 | - | €270 | +€270 | |
| Trade receivables | 40 | - | €270 | +€270 | |
| Cash at bank and in hand | 54/58 | €16,103 | €4,020 | -€12,083 | -75.0% |
| Deferred charges and accrued income | 490/1 | €1,327 | €1,397 | +€71 | +5.3% |
| Total equity and liabilities | 10/49 | €224,184 | €185,356 | -€38,827 | -17.3% |
| Equity | 10/15 | €196,708 | €154,126 | -€42,582 | -21.6% |
| Contributions | 10/11 | €249,937 | €249,937 | = | 0.0% |
| Reserves | 13 | €20,557 | €15,814 | -€4,744 | -23.1% |
| Tax-exempt reserves | 132 | €20,557 | €15,814 | -€4,744 | -23.1% |
| Profit (loss) carried forward | 14 | -€73,786 | -€111,625 | -€37,839 | -51.3% |
| Provisions and deferred taxes | 16 | €6,852 | €5,271 | -€1,581 | -23.1% |
| Deferred taxes | 168 | €6,852 | €5,271 | -€1,581 | -23.1% |
| Amounts payable | 17/49 | €20,623 | €25,959 | +€5,336 | +25.9% |
| Amounts payable after more than one year | 17 | €5,261 | €2,057 | -€3,204 | -60.9% |
| Financial debts | 170/4 | €5,261 | €2,057 | -€3,204 | -60.9% |
| Amounts payable within one year | 42/48 | €15,363 | €23,902 | +€8,540 | +55.6% |
| Current portion of amounts payable after more than one year | 42 | €2,582 | €2,963 | +€381 | +14.7% |
| Financial debts | 43 | - | €141 | +€141 | |
| Credit institutions | 430/8 | - | €141 | +€141 | |
| Trade debts | 44 | €628 | €1,831 | +€1,203 | +192% |
| Suppliers | 440/4 | €628 | €1,831 | +€1,203 | +192% |
| Taxes, remuneration and social security | 45 | €29 | €205 | +€176 | +595% |
| Taxes | 450/3 | €29 | €205 | +€176 | +595% |
| Other amounts payable | 47/48 | €12,123 | €18,763 | +€6,640 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,413 | €28,703 | +€1,291 | +4.7% |
| Other operating charges | 640/8 | €4,417 | €4,151 | -€265 | -6.0% |
| Non-recurring operating charges | 66A | €3,067 | - | -€3,067 | |
| Gross operating margin | 9900 | -€6,858 | -€10,608 | -€3,750 | -54.7% |
| Operating profit (loss) | 9901 | -€41,754 | -€43,462 | -€1,708 | -4.1% |
| Financial income | 75/76B | €390 | €105 | -€285 | -73.0% |
| Recurring financial income | 75 | €390 | €105 | -€285 | -73.0% |
| Financial charges | 65/66B | €682 | €584 | -€98 | -14.3% |
| Recurring financial charges | 65 | €682 | €584 | -€98 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,046 | -€43,941 | -€1,895 | -4.5% |
| Transfer from deferred taxes | 780 | €6,325 | €6,325 | = | 0.0% |
| Income taxes | 67/77 | €11 | €222 | +€211 | +1,916% |
| Profit (loss) for the period | 9904 | -€35,732 | -€37,839 | -€2,107 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,732 | -€37,839 | -€2,107 | -5.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.