Palacehotel Software: 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.
Palacehotel Software
Largest movements
- Receivables within one year +€36,314
up €36,314 (+63.4%), from €57,318 to €93,631
of which Other amounts receivable: +€35,465
- Cash -€2,708
down €2,708 (-9.0%), from €30,093 to €27,385
mainly Receivables within one year (-€36,314) and Current portion of long-term debt (-€16)
- Tangible fixed assets -€1,630
down €1,630 (-83.6%), from €1,951 to €321
of which Furniture and vehicles: -€993
- Reserves +€27,403
up €27,403 (+59.8%), from €45,856 to €73,259
of which Distributable reserves: +€27,403
- Tax, wage and social debts +€4,341
up €4,341 (+25.7%), from €16,873 to €21,215
- Gross operating margin +€26,362
up €26,362 (+156.8%), from €16,816 to €43,178
- Taxes +€9,559
up €9,559 (+277.0%), from €3,451 to €13,010
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.
Cash bridge derived
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 | €89,362 | €121,337 | +€31,975 | +35.8% |
| Fixed assets | 21/28 | €1,951 | €321 | -€1,630 | -83.6% |
| Tangible fixed assets | 22/27 | €1,951 | €321 | -€1,630 | -83.6% |
| Plant, machinery and equipment | 23 | €637 | - | -€637 | |
| Furniture and vehicles | 24 | €1,314 | €321 | -€993 | -75.6% |
| Current assets | 29/58 | €87,411 | €121,016 | +€33,606 | +38.4% |
| Amounts receivable within one year | 40/41 | €57,318 | €93,631 | +€36,314 | +63.4% |
| Trade receivables | 40 | €7,500 | €8,349 | +€849 | +11.3% |
| Other amounts receivable | 41 | €49,818 | €85,282 | +€35,465 | +71.2% |
| Cash at bank and in hand | 54/58 | €30,093 | €27,385 | -€2,708 | -9.0% |
| Total equity and liabilities | 10/49 | €89,362 | €121,337 | +€31,975 | +35.8% |
| Equity | 10/15 | €66,869 | €94,272 | +€27,403 | +41.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €45,856 | €73,259 | +€27,403 | +59.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,600 | €6,600 | = | 0.0% |
| Distributable reserves | 133 | €37,396 | €64,799 | +€27,403 | +73.3% |
| Profit (loss) carried forward | 14 | €8,613 | €8,613 | = | 0.0% |
| Amounts payable | 17/49 | €22,492 | €27,065 | +€4,573 | +20.3% |
| Amounts payable within one year | 42/48 | €22,492 | €27,065 | +€4,573 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €5,111 | €5,095 | -€16 | -0.3% |
| Trade debts | 44 | €508 | €756 | +€248 | +48.8% |
| Suppliers | 440/4 | €508 | €756 | +€248 | +48.8% |
| Taxes, remuneration and social security | 45 | €16,873 | €21,215 | +€4,341 | +25.7% |
| Taxes | 450/3 | €16,873 | €21,215 | +€4,341 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,634 | €1,630 | -€3 | -0.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €7,410 | - | -€7,410 | |
| Gross operating margin | 9900 | €16,816 | €43,178 | +€26,362 | +156.8% |
| Operating profit (loss) | 9901 | €7,385 | €41,148 | +€33,763 | +457.2% |
| Financial charges | 65/66B | €714 | €735 | +€22 | +3.0% |
| Recurring financial charges | 65 | €714 | €735 | +€22 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €6,672 | €40,413 | +€33,741 | +505.7% |
| Income taxes | 67/77 | €3,451 | €13,010 | +€9,559 | +277.0% |
| Profit (loss) for the period | 9904 | €3,221 | €27,403 | +€24,182 | +750.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,221 | €27,403 | +€24,182 | +750.8% |
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 9 October 2026 via checked.be.