SWEETHOTEL: what changed
Two fiscal 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.
SWEETHOTEL
Largest movements
- Current investments -€894,711
down €894,711 (-97.2%), from €920,767 to €26,056
- Cash +€474,847
up €474,847 (+3187.3%), from €14,898 to €489,745
mainly Current investments (+€894,711) and Depreciation (+€46,162)
- Debts after one year -€354,273
down €354,273 (-30.3%), from €1.2m to €816,818
- Accrued charges and deferred income -€34,159
down €34,159 (-60.1%), from €56,810 to €22,652
- Tax, wage and social debts -€30,479
no longer reported in 2025 (was €30,479)
of which Taxes: -€30,006
- Gross operating margin -€939,790
down €939,790 (-94.9%), from €990,362 to €50,572
- Taxes -€210,875
down €210,875, from €202,523 to -€8,353
- Financial income +€35,392
up €35,392 (+264.4%), from €13,386 to €48,778
- Financial charges -€28,338
down €28,338 (-38.8%), from €73,087 to €44,749
- Staff costs -€10,275
no longer reported in 2025 (was €10,275)
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 | €1,979,118 | €1,570,227 | -€408,891 | -20.7% |
| Fixed assets | 21/28 | €1,039,717 | €1,042,888 | +€3,171 | +0.3% |
| Tangible fixed assets | 22/27 | €1,039,717 | €1,042,888 | +€3,171 | +0.3% |
| Land and buildings | 22 | €1,015,976 | €1,023,290 | +€7,314 | +0.7% |
| Plant, machinery and equipment | 23 | €597 | €431 | -€166 | -27.8% |
| Furniture and vehicles | 24 | €23,143 | €19,166 | -€3,977 | -17.2% |
| Current assets | 29/58 | €939,401 | €527,339 | -€412,062 | -43.9% |
| Amounts receivable within one year | 40/41 | €683 | €8,603 | +€7,920 | +1159.1% |
| Other amounts receivable | 41 | €683 | €8,603 | +€7,920 | +1159.1% |
| Current investments | 50/53 | €920,767 | €26,056 | -€894,711 | -97.2% |
| Cash at bank and in hand | 54/58 | €14,898 | €489,745 | +€474,847 | +3187.3% |
| Deferred charges and accrued income | 490/1 | €3,053 | €2,935 | -€117 | -3.8% |
| Total equity and liabilities | 10/49 | €1,979,118 | €1,570,227 | -€408,891 | -20.7% |
| Equity | 10/15 | €618,225 | €623,411 | +€5,187 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €599,625 | €604,811 | +€5,187 | +0.9% |
| Distributable reserves | 133 | €599,625 | €604,811 | +€5,187 | +0.9% |
| Amounts payable | 17/49 | €1,360,893 | €946,816 | -€414,077 | -30.4% |
| Amounts payable after more than one year | 17 | €1,171,091 | €816,818 | -€354,273 | -30.3% |
| Financial debts | 170/4 | €1,171,091 | €816,818 | -€354,273 | -30.3% |
| Amounts payable within one year | 42/48 | €132,991 | €107,346 | -€25,646 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €71,499 | €80,460 | +€8,961 | +12.5% |
| Trade debts | 44 | €13,806 | €10,532 | -€3,274 | -23.7% |
| Suppliers | 440/4 | €13,806 | €10,532 | -€3,274 | -23.7% |
| Advances received on contracts in progress | 46 | €6,981 | €10,203 | +€3,222 | +46.1% |
| Taxes, remuneration and social security | 45 | €30,479 | - | -€30,479 | |
| Taxes | 450/3 | €30,006 | - | -€30,006 | |
| Remuneration and social security | 454/9 | €473 | - | -€473 | |
| Other amounts payable | 47/48 | €10,226 | €6,150 | -€4,076 | -39.9% |
| Accrued charges and deferred income | 492/3 | €56,810 | €22,652 | -€34,159 | -60.1% |
| Non-recurring operating income | 76A | €878,729 | - | -€878,729 | |
| Remuneration, social security and pensions | 62 | €10,275 | - | -€10,275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,529 | €46,162 | +€2,633 | +6.0% |
| Other operating charges | 640/8 | €15,512 | €11,605 | -€3,907 | -25.2% |
| Gross operating margin | 9900 | €990,362 | €50,572 | -€939,790 | -94.9% |
| Operating profit (loss) | 9901 | €921,046 | -€7,195 | -€928,241 | |
| Financial income | 75/76B | €13,386 | €48,778 | +€35,392 | +264.4% |
| Recurring financial income | 75 | €13,386 | €48,778 | +€35,392 | +264.4% |
| Financial charges | 65/66B | €73,087 | €44,749 | -€28,338 | -38.8% |
| Recurring financial charges | 65 | €73,087 | €44,749 | -€28,338 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €861,345 | -€3,166 | -€864,511 | |
| Income taxes | 67/77 | €202,523 | -€8,353 | -€210,875 | |
| Profit (loss) for the period | 9904 | €658,822 | €5,187 | -€653,635 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €658,822 | €5,187 | -€653,635 | -99.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.