Hot Motorbike

Active

Private limited companyfounded 200025 yrs activeAvenue Reine Astrid 11, 4910 Theux, BelgiumKBO/BCE: BE 0473.525.096

Hot Motorbike has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €588k and a net result of €137k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

56 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability62▲+47

Solvency51▲+3

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity tight (current ratio 1.5 against 1.28 in 2023; short-term debt: 59.8% and cash: 1.1% of total assets), and 73.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

68 d late

2023

105 d late

2022

11 d early

2021

38 d early

2020

20 d early

2019

8 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€137k

2023 · €-139k

2019: €58k 2020: €110k 2021: €138k 2022: €110k 2023: €-139k

2019 → 2024

Working capital

€667k▲ 62.7%

2023 · €410k

2019: €162k 2020: €302k 2021: €430k 2022: €559k 2023: €410k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€377k-€515k▲ 36.5%€625k▲ 21.5%€486k▼ 22.3%€588k▲ 20.9%

Operating result€195k-€222k▲ 14.0%€212k▼ 4.5%€-7k€234k

Net result€110k-€138k▲ 25.6%€110k▼ 19.8%€-139k€137k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €234k after a loss of €7k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.25M

11%

89.5%

Fixed assets €237k▼ 2.5%

Current assets €2.01M▲ 6.6%

Equity and liabilities €2.25M

26.1%

73.7%

Equity €588k▲ 20.9%

Provisions €4k▼ 28.6%

Debt €1.66M▲ 1.1%

The debt ratio falls from 77.0% to 73.7%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€311k▲

2023 · €79k

Cash flow

€213k▲

2023 · €-53k

Solvency

26.1%▲

2023 · 22.8%

Current ratio

1.50▲

2023 · 1.28

Quick ratio

0.16▲

2023 · 0.14

Debt / equity

2.82▼

2023 · 3.38

ROE

23.3%▲

2023 · -28.6%

ROA

6.1%▲

2023 · -6.5%

Interest coverage

4.23▲

2023 · 0.58

Debt

€1.66M▲

2023 · €1.64M

Debt ≤ 1 year

€1.35M▼

2023 · €1.48M

Debt > 1 year

€312k▲

2023 · €162k

Income taxes

€28k▲

2023 · €970

Staff costs

€530k▼

2023 · €599k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€2.13M€2.25M▲

Fixed assets21/28€243k€237k▼

Tangible fixed assets22/27€243k€237k▼

Land and buildings22€170k€133k▼

Plant, machinery and equipment23-€3k

Furniture and vehicles24€74k€101k▲

Current assets29/58€1.89M€2.01M▲

Stocks and contracts in progress3€1.69M€1.80M▲

Stocks30/36€1.69M€1.80M▲

Amounts receivable within one year40/41€184k€178k▼

Trade receivables40€15k€76k▲

Other amounts receivable41€169k€102k▼

Cash at bank and in hand54/58€10k€24k▲

Deferred charges and accrued income490/1€7k€13k▲

Equity and liabilities

Total equity and liabilities10/49€2.13M€2.25M▲

Equity10/15€486k€588k▲

Contributions10/11€68k€68k=

Reserves13€418k€520k▲

Tax-exempt reserves132€10k€7k▼

Distributable reserves133€408k€513k▲

Provisions and deferred taxes16€5k€4k▼

Deferred taxes168€5k€4k▼

Amounts payable17/49€1.64M€1.66M▲

Amounts payable after more than one year17€162k€312k▲

Financial debts170/4€162k€298k▲

Other amounts payable178/9-€15k

Amounts payable within one year42/48€1.48M€1.35M▼

Current portion of amounts payable after more than one year42€41k€136k▲

Financial debts43€347k€118k▼

Credit institutions430/8€347k€118k▼

Trade debts44€949k€857k▼

Suppliers440/4€949k€857k▼

Advances received on contracts in progress46€64k-

Taxes, remuneration and social security45€78k€201k▲

Taxes450/3€37k€130k▲

Remuneration and social security454/9€41k€71k▲

Other amounts payable47/48-€35k

Accrued charges and deferred income492/3-€688

Income statement Code20232024

Non-recurring operating income76A€6k-

Remuneration, social security and pensions62€599k€530k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€77k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€35k€-9k▼

Other operating charges640/8€37k€19k▼

Non-recurring operating charges66A€14k-

Gross operating margin9900€764k€850k▲

Operating profit (loss)9901€-7k€234k▲

Financial income75/76B€3k€2k▼

Recurring financial income75€3k€2k▼

Non-recurring financial income76B€0-

Financial charges65/66B€136k€74k▼

Recurring financial charges65€136k€74k▼

Profit (loss) for the period before taxes9903€-140k€163k▲

Transfer from deferred taxes780€2k€1k▼

Income taxes67/77€970€28k▲

Profit (loss) for the period9904€-139k€137k▲

Transfer from tax-exempt reserves789€4k€3k▼

Profit (loss) for the period to be appropriated9905€-135k€140k▲

Appropriation of the result

Profit (loss) to be appropriated9906€101k€140k▲

Profit (loss) brought forward from the previous period14P€236k-

Transfer to equity691/2€101k€105k▲

To other reserves6921€101k€105k▲

Profit to be distributed694/7-€35k

Return on contributions (dividend)694-€35k

Social balance

Average headcount (FTE)90876.27.3▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

2025

07-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 68 days late

2024

31-12

Financial Back to profitnet €137k

Net result €137k after one loss-making year.

31-12

Financial Equity above €500kEq €588k ▲20.9%

Equity rises from €486k to €588k.

13-11

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 105 days late

20-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2023

31-12

Financial Weakest financial yearnet €-139k ▼226%

Net result drops to €-139k, the lowest in the series; recovery starts the following year.

20-01

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2021

24-12

NBB filing Annual accounts filed

fiscal year 2021 · full schema

30-06

Financial Highest result since 2019net €138k ▲25.6%

Net result €138k, the highest in the series.

30-06

Financial Equity above €500kEq €515k ▲36.5%

3 profitable years in a row build equity to €515k.

11-01

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

23-01

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

17-01

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

16-01

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

12-01

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-01-2025 Clément HOTTE: Resigned as Director

02-02-2018 HOTTE Alain: Resigned as Managing director

Location & real-estate footprint

Registered office, Theux · 1 establishment unit since 2001

establishment approximate The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Avenue Reine Astrid 114910 Theux

Ground area

8,931 m²

Building footprint

170 m²