HOCELOT CORPORATION: 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.
HOCELOT CORPORATION
Largest movements
- Financial fixed assets +€600,068
up €600,068 (+4.2%), from €14.2m to €14.8m
- Cash -€423,064
down €423,064 (-37.4%), from €1.1m to €707,797
mainly Investment in fixed assets (net) (-€600,068) and Receivables within one year (-€199,298)
- Receivables within one year +€199,298
up €199,298 (+14.3%), from €1.4m to €1.6m
of which Trade receivables: +€165,195
- Trade debts +€327,668
up €327,668 (+93.9%), from €348,837 to €676,505
- Gross operating margin -€664,182
down €664,182 (-91.5%), from €725,562 to €61,380
- Taxes -€179,702
down €179,702 (-94.4%), from €190,277 to €10,575
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 | €16,703,094 | €17,079,405 | +€376,311 | +2.3% |
| Fixed assets | 21/28 | €14,172,441 | €14,772,509 | +€600,068 | +4.2% |
| Financial fixed assets | 28 | €14,172,441 | €14,772,509 | +€600,068 | +4.2% |
| Current assets | 29/58 | €2,530,653 | €2,306,896 | -€223,757 | -8.8% |
| Amounts receivable within one year | 40/41 | €1,392,758 | €1,592,056 | +€199,298 | +14.3% |
| Trade receivables | 40 | €1,345,891 | €1,511,086 | +€165,195 | +12.3% |
| Other amounts receivable | 41 | €46,867 | €80,970 | +€34,103 | +72.8% |
| Cash at bank and in hand | 54/58 | €1,130,861 | €707,797 | -€423,064 | -37.4% |
| Deferred charges and accrued income | 490/1 | €7,034 | €7,043 | +€9 | +0.1% |
| Total equity and liabilities | 10/49 | €16,703,094 | €17,079,405 | +€376,311 | +2.3% |
| Equity | 10/15 | €3,768,233 | €3,800,245 | +€32,011 | +0.8% |
| Contributions | 10/11 | €3,247,312 | €3,247,312 | = | 0.0% |
| Profit (loss) carried forward | 14 | €520,921 | €552,933 | +€32,011 | +6.1% |
| Amounts payable | 17/49 | €12,934,860 | €13,279,160 | +€344,300 | +2.7% |
| Amounts payable after more than one year | 17 | €12,307,836 | €12,307,836 | = | 0.0% |
| Financial debts | 170/4 | €12,307,836 | €8,807,836 | -€3.5m | -28.4% |
| Other amounts payable | 178/9 | - | €3,500,000 | +€3.5m | |
| Amounts payable within one year | 42/48 | €541,933 | €868,732 | +€326,800 | +60.3% |
| Trade debts | 44 | €348,837 | €676,505 | +€327,668 | +93.9% |
| Suppliers | 440/4 | €348,837 | €676,505 | +€327,668 | +93.9% |
| Taxes, remuneration and social security | 45 | €191,145 | €190,277 | -€868 | -0.5% |
| Taxes | 450/3 | €191,145 | €190,277 | -€868 | -0.5% |
| Other amounts payable | 47/48 | €1,951 | €1,951 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €85,092 | €102,591 | +€17,500 | +20.6% |
| Non-recurring operating income | 76A | - | €868 | +€868 | |
| Other operating charges | 640/8 | €2,976 | €799 | -€2,178 | -73.2% |
| Non-recurring operating charges | 66A | - | -€99 | -€99 | |
| Gross operating margin | 9900 | €725,562 | €61,380 | -€664,182 | -91.5% |
| Operating profit (loss) | 9901 | €722,585 | €60,680 | -€661,905 | -91.6% |
| Financial income | 75/76B | €594 | €423 | -€170 | -28.7% |
| Recurring financial income | 75 | €594 | €423 | -€170 | -28.7% |
| Financial charges | 65/66B | €19,196 | €18,518 | -€678 | -3.5% |
| Recurring financial charges | 65 | €19,196 | €18,518 | -€678 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €703,983 | €42,586 | -€661,397 | -94.0% |
| Income taxes | 67/77 | €190,277 | €10,575 | -€179,702 | -94.4% |
| Profit (loss) for the period | 9904 | €513,706 | €32,011 | -€481,695 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €513,706 | €32,011 | -€481,695 | -93.8% |
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 30 October 2026 via checked.be.