ROYAL ASTRID: what changed
What changed
ROYAL ASTRID
NACE 55.100, Hotels and similar accommodation
filed annual accounts (NBB)
Net result for the year
€1.7m
2025 · €1.9m-€116,609
Equity
€4.9m
2025 · €4.8m+€122,375
Cash
€2.5m
2025 · €1.7m+€772,995
Balance sheet total
€7.5m
2025 · €7.4m+€101,683
Largest movements
Assets
- Current investments -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Cash +€772,995
up €772,995 (+45.6%), from €1.7m to €2.5m
mainly Net result for the year (+€1.7m) and Current investments (+€1.0m)
- Tangible fixed assets +€306,451
up €306,451 (+6.7%), from €4.6m to €4.9m
of which Plant, machinery and equipment: +€205,068
Equity and liabilities
- Trade debts -€178,891
down €178,891 (-31.6%), from €566,863 to €387,972
- Other debts +€164,244
up €164,244 (+11.3%), from €1.5m to €1.6m
- Reserves +€126,049
up €126,049 (+2.7%), from €4.7m to €4.8m
of which Distributable reserves: +€140,011
Income statement
- Gross operating margin -€171,990
down €171,990 (-4.1%), from €4.2m to €4.0m
- Financial income +€50,067
up €50,067 (+379%), from €13,216 to €63,283
- Financial charges +€45,738
up €45,738 (+80.9%), from €56,554 to €102,292
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€1.9m
Gross operating margin
-€171,990
Staff costs
+€34,894
Depreciation
-€34,898
Other operating charges
+€28,169
Financial income
+€50,067
Financial charges
-€45,738
Taxes
+€22,651
Deferred taxes and other
+€236
Result 2026
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.4m
Investment
-€1,346
Financing
-€1.7m
Cash 2025
€1.7m
From operations (derived)
+€2.4m
Net result for the year
+€1.7m
Depreciation
+€702,138
Smaller working-capital items
-€3,503
Receivables within one year
-€38,909
Deferred charges and accrued income
+€12,267
Provisions
-€5,879
Trade debts
-€178,891
Tax, wage and social debts
-€10,544
Advances received
+€56,044
Other debts
+€164,244
Investment (derived)
-€1,346
Investment in fixed assets (net)
-€1.0m
Current investments
+€1.0m
Financing
-€1.7m
Debts after one year
-€60,000
Current portion of long-term debt
+€15,000
Contributions, distributions and other
-€1.6m
Cash 2026
€2.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,426,387 | €7,528,070 | +€101,683 | +1.4% |
| Fixed assets | 21/28 | €4,598,315 | €4,903,790 | +€305,474 | +6.6% |
| Intangible fixed assets | 21 | €977 | €0 | -€977 | -100% |
| Tangible fixed assets | 22/27 | €4,597,338 | €4,903,790 | +€306,451 | +6.7% |
| Land and buildings | 22 | €3,439,407 | €3,462,793 | +€23,385 | +0.7% |
| Plant, machinery and equipment | 23 | €1,122,399 | €1,327,467 | +€205,068 | +18.3% |
| Furniture and vehicles | 24 | €35,532 | €113,530 | +€77,998 | +220% |
| Current assets | 29/58 | €2,828,072 | €2,624,280 | -€203,792 | -7.2% |
| Stocks and contracts in progress | 3 | €15,530 | €18,367 | +€2,837 | +18.3% |
| Stocks | 30/36 | €15,530 | €18,367 | +€2,837 | +18.3% |
| Amounts receivable within one year | 40/41 | €51,180 | €90,089 | +€38,909 | +76.0% |
| Trade receivables | 40 | €12,224 | €26,640 | +€14,416 | +118% |
| Other amounts receivable | 41 | €38,956 | €63,450 | +€24,494 | +62.9% |
| Current investments | 50/53 | €1,006,266 | €0 | -€1.0m | -100% |
| Cash at bank and in hand | 54/58 | €1,695,930 | €2,468,924 | +€772,995 | +45.6% |
| Deferred charges and accrued income | 490/1 | €59,166 | €46,900 | -€12,267 | -20.7% |
| Total equity and liabilities | 10/49 | €7,426,387 | €7,528,070 | +€101,683 | +1.4% |
| Equity | 10/15 | €4,827,381 | €4,949,756 | +€122,375 | +2.5% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Capital | 10 | €110,000 | €110,000 | = | 0.0% |
| Issued capital | 100 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €4,683,611 | €4,809,660 | +€126,049 | +2.7% |
| Non-distributable reserves | 130/1 | €11,000 | €11,000 | = | 0.0% |
| Legal reserve | 130 | €11,000 | €11,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €78,129 | €64,167 | -€13,962 | -17.9% |
| Distributable reserves | 133 | €4,594,482 | €4,734,493 | +€140,011 | +3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €33,770 | €30,096 | -€3,674 | -10.9% |
| Provisions and deferred taxes | 16 | €37,300 | €31,421 | -€5,879 | -15.8% |
| Deferred taxes | 168 | €37,300 | €31,421 | -€5,879 | -15.8% |
| Amounts payable | 17/49 | €2,561,706 | €2,546,893 | -€14,814 | -0.6% |
| Amounts payable after more than one year | 17 | €60,000 | €0 | -€60,000 | -100% |
| Financial debts | 170/4 | €60,000 | €0 | -€60,000 | -100% |
| Amounts payable within one year | 42/48 | €2,498,310 | €2,544,162 | +€45,852 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €60,000 | +€15,000 | +33.3% |
| Trade debts | 44 | €566,863 | €387,972 | -€178,891 | -31.6% |
| Suppliers | 440/4 | €566,863 | €387,972 | -€178,891 | -31.6% |
| Advances received on contracts in progress | 46 | €284,317 | €340,361 | +€56,044 | +19.7% |
| Taxes, remuneration and social security | 45 | €145,596 | €135,052 | -€10,544 | -7.2% |
| Taxes | 450/3 | €10,470 | €5,272 | -€5,198 | -49.6% |
| Remuneration and social security | 454/9 | €135,127 | €129,781 | -€5,346 | -4.0% |
| Other amounts payable | 47/48 | €1,456,534 | €1,620,777 | +€164,244 | +11.3% |
| Accrued charges and deferred income | 492/3 | €3,396 | €2,730 | -€666 | -19.6% |
| Remuneration, social security and pensions | 62 | €851,670 | €816,776 | -€34,894 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €667,240 | €702,138 | +€34,898 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €224,405 | €196,236 | -€28,169 | -12.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,208,564 | €4,036,574 | -€171,990 | -4.1% |
| Operating profit (loss) | 9901 | €2,465,249 | €2,321,424 | -€143,825 | -5.8% |
| Financial income | 75/76B | €13,216 | €63,283 | +€50,067 | +379% |
| Recurring financial income | 75 | €13,216 | €63,283 | +€50,067 | +379% |
| Financial charges | 65/66B | €56,554 | €102,292 | +€45,738 | +80.9% |
| Recurring financial charges | 65 | €56,554 | €102,292 | +€45,738 | +80.9% |
| Profit (loss) for the period before taxes | 9903 | €2,421,911 | €2,282,415 | -€139,496 | -5.8% |
| Transfer from deferred taxes | 780 | €5,643 | €5,879 | +€236 | +4.2% |
| Income taxes | 67/77 | €564,119 | €541,467 | -€22,651 | -4.0% |
| Profit (loss) for the period | 9904 | €1,863,435 | €1,746,826 | -€116,609 | -6.3% |
| Transfer from tax-exempt reserves | 789 | €13,962 | €13,962 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,877,397 | €1,760,789 | -€116,609 | -6.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.