OL BORBOTTE: 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
OL BORBOTTE
NACE 55.204, Guest rooms (bed and breakfast)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,979
2024 · €5,529-€8,508
Equity
€1.3m
2024 · €1.3m-€2,979
Cash
€29,073
2024 · €44,069-€14,996
Balance sheet total
€2.7m
2024 · €2.8m-€30,538
Largest movements
Assets
- Tangible fixed assets -€34,772
down €34,772 (-1.3%), from €2.7m to €2.7m
of which Land and buildings: -€42,880
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Depreciation +€6,959
up €6,959 (+7.6%), from €91,361 to €98,320
- Other operating charges +€1,963
up €1,963 (+18.0%), from €10,913 to €12,876
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
€5,529
Gross operating margin
+€626
Depreciation
-€6,959
Other operating charges
-€1,963
Other operating items
+€56
Financial income
+€82
Financial charges
-€351
Result 2025
-€2,979
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
+€50,550
Investment
-€59,548
Financing
-€5,997
Cash 2024
€44,069
From operations (derived)
+€50,550
Net result for the year
-€2,979
Depreciation
+€98,320
Receivables within one year
-€24,071
Deferred charges and accrued income
+€841
Trade debts
+€5,488
Tax, wage and social debts
-€2,329
Other debts
-€18,715
Accrued charges and deferred income
-€6,006
Investment (derived)
-€59,548
Investment in fixed assets (net)
-€59,548
Financing
-€5,997
Debts after one year
-€7,865
Current portion of long-term debt
+€1,726
Short-term financial debts
+€142
Cash 2025
€29,073
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,754,981 | €2,724,443 | -€30,538 | -1.1% |
| Formation expenses | 20 | €6,251 | €2,606 | -€3,645 | -58.3% |
| Fixed assets | 21/28 | €2,693,345 | €2,658,218 | -€35,127 | -1.3% |
| Intangible fixed assets | 21 | €1,055 | €700 | -€355 | -33.6% |
| Tangible fixed assets | 22/27 | €2,692,290 | €2,657,517 | -€34,772 | -1.3% |
| Land and buildings | 22 | €2,678,174 | €2,635,293 | -€42,880 | -1.6% |
| Plant, machinery and equipment | 23 | €4,827 | €13,249 | +€8,421 | +174% |
| Furniture and vehicles | 24 | €9,289 | €8,975 | -€313 | -3.4% |
| Current assets | 29/58 | €55,385 | €63,619 | +€8,234 | +14.9% |
| Amounts receivable within one year | 40/41 | €1,631 | €25,702 | +€24,071 | +1,476% |
| Trade receivables | 40 | €1,609 | €25,672 | +€24,063 | +1,495% |
| Other amounts receivable | 41 | €22 | €30 | +€8 | +38.0% |
| Cash at bank and in hand | 54/58 | €44,069 | €29,073 | -€14,996 | -34.0% |
| Deferred charges and accrued income | 490/1 | €9,685 | €8,844 | -€841 | -8.7% |
| Total equity and liabilities | 10/49 | €2,754,981 | €2,724,443 | -€30,538 | -1.1% |
| Equity | 10/15 | €1,264,849 | €1,261,870 | -€2,979 | -0.2% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Capital | 10 | €1,400,000 | €1,400,000 | = | 0.0% |
| Issued capital | 100 | €1,400,000 | €1,400,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,011 | -€139,990 | -€2,979 | -2.2% |
| Amounts payable | 17/49 | €1,490,131 | €1,462,573 | -€27,558 | -1.8% |
| Amounts payable after more than one year | 17 | €1,278,481 | €1,270,616 | -€7,865 | -0.6% |
| Financial debts | 170/4 | €1,214,981 | €1,107,116 | -€107,865 | -8.9% |
| Other amounts payable | 178/9 | €63,500 | €163,500 | +€100,000 | +157% |
| Amounts payable within one year | 42/48 | €190,197 | €176,508 | -€13,688 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €106,139 | €107,865 | +€1,726 | +1.6% |
| Financial debts | 43 | €12,647 | €12,789 | +€142 | +1.1% |
| Other loans | 439 | €12,647 | €12,789 | +€142 | +1.1% |
| Trade debts | 44 | €47,452 | €52,941 | +€5,488 | +11.6% |
| Suppliers | 440/4 | €47,452 | €52,941 | +€5,488 | +11.6% |
| Taxes, remuneration and social security | 45 | €3,442 | €1,113 | -€2,329 | -67.7% |
| Taxes | 450/3 | €3,442 | €1,113 | -€2,329 | -67.7% |
| Other amounts payable | 47/48 | €20,516 | €1,801 | -€18,715 | -91.2% |
| Accrued charges and deferred income | 492/3 | €21,454 | €15,448 | -€6,006 | -28.0% |
| Non-recurring operating income | 76A | - | €237 | +€237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,361 | €98,320 | +€6,959 | +7.6% |
| Other operating charges | 640/8 | €10,913 | €12,876 | +€1,963 | +18.0% |
| Non-recurring operating charges | 66A | €56 | €0 | -€56 | -100% |
| Gross operating margin | 9900 | €143,371 | €143,998 | +€626 | +0.4% |
| Operating profit (loss) | 9901 | €41,041 | €32,801 | -€8,240 | -20.1% |
| Financial income | 75/76B | €73 | €154 | +€82 | +113% |
| Recurring financial income | 75 | €73 | €154 | +€82 | +113% |
| Financial charges | 65/66B | €35,585 | €35,935 | +€351 | +1.0% |
| Recurring financial charges | 65 | €35,584 | €35,935 | +€351 | +1.0% |
| Non-recurring financial charges | 66B | €0 | €0 | -€0 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €5,529 | -€2,979 | -€8,508 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €5,529 | -€2,979 | -€8,508 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,529 | -€2,979 | -€8,508 |
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 22 October 2026 via checked.be.