PARK HOTEL IMMO: 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.
PARK HOTEL IMMO
Largest movements
- Receivables within one year -€88,787
no longer reported in 2025 (was €88,787)
- Tangible fixed assets -€41,040
down €41,040 (-4.6%), from €884,689 to €843,649
of which Land and buildings: -€39,150
- Other debts +€746,027
up €746,027 (+820%), from €90,936 to €836,963
- Debts after one year -€631,124
no longer reported in 2025 (was €631,124)
- Current portion of long-term debt -€95,831
no longer reported in 2025 (was €95,831)
- Profit (loss) carried forward -€75,894
down €75,894, from €23,356 to -€52,538
- Investment grants -€49,144
down €49,144 (-54.7%), from €89,768 to €40,625
- Financial charges +€28,890
up €28,890 (+205%), from €14,062 to €42,952
of which Non-recurring financial charges: +€37,012
- Other operating charges +€11,902
new in 2025: €11,902
- Gross operating margin +€9,313
up €9,313 (+87.1%), from €10,687 to €20,000
- Financial income -€3,135
no longer reported in 2025 (was €3,135)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €975,575 | €843,649 | -€131,926 | -13.5% |
| Fixed assets | 21/28 | €884,689 | €843,649 | -€41,040 | -4.6% |
| Tangible fixed assets | 22/27 | €884,689 | €843,649 | -€41,040 | -4.6% |
| Land and buildings | 22 | €882,800 | €843,649 | -€39,150 | -4.4% |
| Plant, machinery and equipment | 23 | €1,889 | - | -€1,889 | |
| Current assets | 29/58 | €90,886 | - | -€90,886 | |
| Amounts receivable within one year | 40/41 | €88,787 | - | -€88,787 | |
| Other amounts receivable | 41 | €88,787 | - | -€88,787 | |
| Deferred charges and accrued income | 490/1 | €2,099 | - | -€2,099 | |
| Total equity and liabilities | 10/49 | €975,575 | €843,649 | -€131,926 | -13.5% |
| Equity | 10/15 | €131,724 | €6,687 | -€125,037 | -94.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,356 | -€52,538 | -€75,894 | |
| Investment grants | 15 | €89,768 | €40,625 | -€49,144 | -54.7% |
| Amounts payable | 17/49 | €843,851 | €836,963 | -€6,889 | -0.8% |
| Amounts payable after more than one year | 17 | €631,124 | - | -€631,124 | |
| Financial debts | 170/4 | €631,124 | - | -€631,124 | |
| Amounts payable within one year | 42/48 | €212,727 | €836,963 | +€624,236 | +293% |
| Current portion of amounts payable after more than one year | 42 | €95,831 | - | -€95,831 | |
| Financial debts | 43 | €18,055 | - | -€18,055 | |
| Credit institutions | 430/8 | €18,055 | - | -€18,055 | |
| Trade debts | 44 | €4,554 | - | -€4,554 | |
| Suppliers | 440/4 | €4,554 | - | -€4,554 | |
| Taxes, remuneration and social security | 45 | €3,352 | - | -€3,352 | |
| Taxes | 450/3 | €3,352 | - | -€3,352 | |
| Other amounts payable | 47/48 | €90,936 | €836,963 | +€746,027 | +820% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,040 | €41,040 | = | 0.0% |
| Other operating charges | 640/8 | - | €11,902 | +€11,902 | |
| Gross operating margin | 9900 | €10,687 | €20,000 | +€9,313 | +87.1% |
| Operating profit (loss) | 9901 | -€30,353 | -€32,941 | -€2,589 | -8.5% |
| Financial income | 75/76B | €3,135 | - | -€3,135 | |
| Recurring financial income | 75 | €3,135 | - | -€3,135 | |
| Financial charges | 65/66B | €14,062 | €42,952 | +€28,890 | +205% |
| Recurring financial charges | 65 | €14,062 | €5,941 | -€8,122 | -57.8% |
| Non-recurring financial charges | 66B | - | €37,012 | +€37,012 | |
| Profit (loss) for the period before taxes | 9903 | -€41,281 | -€75,894 | -€34,613 | -83.8% |
| Profit (loss) for the period | 9904 | -€41,281 | -€75,894 | -€34,613 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,281 | -€75,894 | -€34,613 | -83.8% |
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 31 October 2026 via checked.be.