OPO HOTEL: 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.
OPO HOTEL
Largest movements
- Cash -€537,009
down €537,009 (-54.1%), from €991,779 to €454,770
mainly Debts after one year (-€835,000) and Trade debts (-€90,779)
- Tangible fixed assets -€101,445
down €101,445 (-8.0%), from €1.3m to €1.2m
of which Furniture and vehicles: -€118,361
- Debts after one year -€835,000
down €835,000 (-30.9%), from €2.7m to €1.9m
- Reserves +€310,391
up €310,391 (+84.2%), from €368,514 to €678,905
of which Distributable reserves: +€310,391
- Trade debts -€90,779
down €90,779 (-43.2%), from €210,012 to €119,233
- Gross operating margin -€86,055
down €86,055 (-9.6%), from €891,840 to €805,786
- Staff costs +€28,629
up €28,629 (+12.7%), from €224,556 to €253,185
- Taxes -€10,181
down €10,181 (-9.9%), from €102,379 to €92,198
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,595,745 | €2,971,893 | -€623,852 | -17.3% |
| Fixed assets | 21/28 | €1,270,469 | €1,169,024 | -€101,445 | -8.0% |
| Tangible fixed assets | 22/27 | €1,270,469 | €1,169,024 | -€101,445 | -8.0% |
| Plant, machinery and equipment | 23 | €16,254 | €11,888 | -€4,366 | -26.9% |
| Furniture and vehicles | 24 | €334,348 | €215,987 | -€118,361 | -35.4% |
| Other tangible fixed assets | 26 | €919,868 | €941,149 | +€21,281 | +2.3% |
| Current assets | 29/58 | €2,325,276 | €1,802,868 | -€522,407 | -22.5% |
| Amounts receivable after more than one year | 29 | €1,305,236 | €1,331,629 | +€26,394 | +2.0% |
| Other amounts receivable | 291 | €1,305,236 | €1,331,629 | +€26,394 | +2.0% |
| Amounts receivable within one year | 40/41 | €27,100 | €9,203 | -€17,898 | -66.0% |
| Trade receivables | 40 | €24,987 | €1,054 | -€23,934 | -95.8% |
| Other amounts receivable | 41 | €2,113 | €8,149 | +€6,036 | +286% |
| Cash at bank and in hand | 54/58 | €991,779 | €454,770 | -€537,009 | -54.1% |
| Deferred charges and accrued income | 490/1 | €1,160 | €7,266 | +€6,106 | +526% |
| Total equity and liabilities | 10/49 | €3,595,745 | €2,971,893 | -€623,852 | -17.3% |
| Equity | 10/15 | €646,076 | €920,586 | +€274,510 | +42.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €368,514 | €678,905 | +€310,391 | +84.2% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €358,514 | €668,905 | +€310,391 | +86.6% |
| Investment grants | 15 | €177,561 | €141,680 | -€35,881 | -20.2% |
| Amounts payable | 17/49 | €2,949,669 | €2,051,307 | -€898,363 | -30.5% |
| Amounts payable after more than one year | 17 | €2,700,000 | €1,865,000 | -€835,000 | -30.9% |
| Other amounts payable | 178/9 | €2,700,000 | €1,865,000 | -€835,000 | -30.9% |
| Amounts payable within one year | 42/48 | €249,669 | €186,307 | -€63,363 | -25.4% |
| Financial debts | 43 | - | €33,614 | +€33,614 | |
| Credit institutions | 430/8 | - | €33,614 | +€33,614 | |
| Trade debts | 44 | €210,012 | €119,233 | -€90,779 | -43.2% |
| Suppliers | 440/4 | €210,012 | €119,233 | -€90,779 | -43.2% |
| Taxes, remuneration and social security | 45 | €39,657 | €33,460 | -€6,197 | -15.6% |
| Taxes | 450/3 | €13,068 | €2,379 | -€10,689 | -81.8% |
| Remuneration and social security | 454/9 | €26,589 | €31,081 | +€4,492 | +16.9% |
| Remuneration, social security and pensions | 62 | €224,556 | €253,185 | +€28,629 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,215 | €155,000 | -€215 | -0.1% |
| Other operating charges | 640/8 | €23,476 | €24,830 | +€1,354 | +5.8% |
| Gross operating margin | 9900 | €891,840 | €805,786 | -€86,055 | -9.6% |
| Operating profit (loss) | 9901 | €488,593 | €372,770 | -€115,823 | -23.7% |
| Financial income | 75/76B | €53,957 | €53,817 | -€140 | -0.3% |
| Recurring financial income | 75 | €53,957 | €53,817 | -€140 | -0.3% |
| Financial charges | 65/66B | €29,542 | €23,998 | -€5,544 | -18.8% |
| Recurring financial charges | 65 | €29,542 | €23,998 | -€5,544 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €513,007 | €402,589 | -€110,418 | -21.5% |
| Income taxes | 67/77 | €102,379 | €92,198 | -€10,181 | -9.9% |
| Profit (loss) for the period | 9904 | €410,629 | €310,391 | -€100,238 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €410,629 | €310,391 | -€100,238 | -24.4% |
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 25 October 2026 via checked.be.