RETINEHOTEL: 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.
RETINEHOTEL
Largest movements
- Stocks and contracts +€2,912
up €2,912 (+37.4%), from €7,790 to €10,702
- Receivables within one year +€1,408
up €1,408 (+38.0%), from €3,708 to €5,116
of which Trade receivables: +€1,121
- Cash -€335
down €335 (-98.4%), from €340 to €5
mainly Debts after one year (-€7,130) and Stocks and contracts (-€2,912)
- Debts after one year -€7,130
down €7,130 (-5.0%), from €141,866 to €134,736
- Other debts +€4,682
up €4,682 (+340%), from €1,379 to €6,061
- Trade debts +€2,989
up €2,989 (+4.5%), from €67,112 to €70,102
- Profit (loss) carried forward +€2,888
up €2,888 (+1.1%), from -€273,383 to -€270,495
- Accrued charges and deferred income -€2,518
down €2,518 (-16.1%), from €15,611 to €13,093
- Gross operating margin -€167,260
down €167,260 (-97.4%), from €171,756 to €4,496
- Write-downs -€8,185
no longer reported in 2025 (was €8,185)
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 | €12,827 | €16,758 | +€3,931 | +30.6% |
| Fixed assets | 21/28 | €989 | €934 | -€54 | -5.5% |
| Tangible fixed assets | 22/27 | €489 | €434 | -€54 | -11.1% |
| Plant, machinery and equipment | 23 | €489 | €434 | -€54 | -11.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €11,838 | €15,823 | +€3,985 | +33.7% |
| Stocks and contracts in progress | 3 | €7,790 | €10,702 | +€2,912 | +37.4% |
| Stocks | 30/36 | €7,790 | €10,702 | +€2,912 | +37.4% |
| Amounts receivable within one year | 40/41 | €3,708 | €5,116 | +€1,408 | +38.0% |
| Trade receivables | 40 | €3,708 | €4,829 | +€1,121 | +30.2% |
| Other amounts receivable | 41 | - | €287 | +€287 | |
| Cash at bank and in hand | 54/58 | €340 | €5 | -€335 | -98.4% |
| Total equity and liabilities | 10/49 | €12,827 | €16,758 | +€3,931 | +30.6% |
| Equity | 10/15 | -€252,923 | -€250,035 | +€2,888 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€273,383 | -€270,495 | +€2,888 | +1.1% |
| Amounts payable | 17/49 | €265,749 | €266,792 | +€1,043 | +0.4% |
| Amounts payable after more than one year | 17 | €141,866 | €134,736 | -€7,130 | -5.0% |
| Financial debts | 170/4 | €141,866 | €134,736 | -€7,130 | -5.0% |
| Amounts payable within one year | 42/48 | €108,273 | €118,963 | +€10,690 | +9.9% |
| Financial debts | 43 | - | €2,279 | +€2,279 | |
| Credit institutions | 430/8 | - | €2,279 | +€2,279 | |
| Trade debts | 44 | €67,112 | €70,102 | +€2,989 | +4.5% |
| Suppliers | 440/4 | €67,112 | €70,102 | +€2,989 | +4.5% |
| Taxes, remuneration and social security | 45 | €39,782 | €40,522 | +€740 | +1.9% |
| Taxes | 450/3 | €39,782 | €40,522 | +€740 | +1.9% |
| Other amounts payable | 47/48 | €1,379 | €6,061 | +€4,682 | +340% |
| Accrued charges and deferred income | 492/3 | €15,611 | €13,093 | -€2,518 | -16.1% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54 | €54 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,185 | - | -€8,185 | |
| Other operating charges | 640/8 | €957 | - | -€957 | |
| Non-recurring operating charges | 66A | €4,321 | - | -€4,321 | |
| Gross operating margin | 9900 | €171,756 | €4,496 | -€167,260 | -97.4% |
| Operating profit (loss) | 9901 | €158,240 | €4,442 | -€153,798 | -97.2% |
| Financial income | 75/76B | €0 | €7 | +€7 | +66,300% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +66,300% |
| Financial charges | 65/66B | €1,344 | €1,560 | +€216 | +16.1% |
| Recurring financial charges | 65 | €1,344 | €1,560 | +€216 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €156,895 | €2,888 | -€154,007 | -98.2% |
| Profit (loss) for the period | 9904 | €156,895 | €2,888 | -€154,007 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €156,895 | €2,888 | -€154,007 | -98.2% |
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 27 October 2026 via checked.be.