HOT'DOG: 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.
HOT'DOG
Largest movements
- Tangible fixed assets -€21,617
down €21,617 (-9.7%), from €222,239 to €200,623
of which Plant, machinery and equipment: -€39,304
- Cash +€19,675
up €19,675 (+21.3%), from €92,206 to €111,881
mainly Depreciation (+€61,073) and Net result for the year (+€56,998)
- Receivables within one year -€12,499
down €12,499 (-52.2%), from €23,939 to €11,440
- Profit (loss) carried forward +€56,998
up €56,998 (+39.7%), from €143,543 to €200,540
- Debts after one year -€31,868
down €31,868 (-30.1%), from €105,914 to €74,046
- Other debts -€28,000
no longer reported in 2025 (was €28,000)
- Tax, wage and social debts -€8,874
down €8,874 (-56.4%), from €15,748 to €6,874
of which Taxes: -€8,750
- Trade debts -€5,928
down €5,928 (-58.5%), from €10,137 to €4,209
- Staff costs -€15,508
down €15,508 (-21.4%), from €72,611 to €57,104
- Taxes +€10,229
up €10,229 (+51.3%), from €19,923 to €30,153
- Gross operating margin -€7,577
down €7,577 (-3.4%), from €219,922 to €212,345
- Depreciation +€7,008
up €7,008 (+13.0%), from €54,065 to €61,073
- Other operating charges -€5,617
down €5,617 (-60.9%), from €9,219 to €3,601
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 | €348,428 | €331,376 | -€17,052 | -4.9% |
| Fixed assets | 21/28 | €224,856 | €203,239 | -€21,617 | -9.6% |
| Tangible fixed assets | 22/27 | €222,239 | €200,623 | -€21,617 | -9.7% |
| Plant, machinery and equipment | 23 | €181,112 | €141,808 | -€39,304 | -21.7% |
| Furniture and vehicles | 24 | €23,994 | €30,825 | +€6,832 | +28.5% |
| Leasing and similar rights | 25 | - | €10,856 | +€10,856 | |
| Other tangible fixed assets | 26 | €17,134 | €17,134 | = | 0.0% |
| Financial fixed assets | 28 | €2,617 | €2,617 | = | 0.0% |
| Current assets | 29/58 | €123,572 | €128,137 | +€4,565 | +3.7% |
| Stocks and contracts in progress | 3 | €7,426 | €4,815 | -€2,611 | -35.2% |
| Stocks | 30/36 | €7,426 | €4,815 | -€2,611 | -35.2% |
| Amounts receivable within one year | 40/41 | €23,939 | €11,440 | -€12,499 | -52.2% |
| Other amounts receivable | 41 | €23,939 | €11,440 | -€12,499 | -52.2% |
| Cash at bank and in hand | 54/58 | €92,206 | €111,881 | +€19,675 | +21.3% |
| Total equity and liabilities | 10/49 | €348,428 | €331,376 | -€17,052 | -4.9% |
| Equity | 10/15 | €156,489 | €213,487 | +€56,998 | +36.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,332 | €1,332 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,332 | €1,332 | = | 0.0% |
| Legal reserve | 130 | €1,332 | €1,332 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,543 | €200,540 | +€56,998 | +39.7% |
| Investment grants | 15 | €5,415 | €5,415 | = | 0.0% |
| Amounts payable | 17/49 | €191,939 | €117,889 | -€74,049 | -38.6% |
| Amounts payable after more than one year | 17 | €105,914 | €74,046 | -€31,868 | -30.1% |
| Financial debts | 170/4 | €105,914 | €74,046 | -€31,868 | -30.1% |
| Amounts payable within one year | 42/48 | €86,025 | €43,843 | -€42,181 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €32,140 | €32,761 | +€621 | +1.9% |
| Trade debts | 44 | €10,137 | €4,209 | -€5,928 | -58.5% |
| Suppliers | 440/4 | €10,137 | €4,209 | -€5,928 | -58.5% |
| Taxes, remuneration and social security | 45 | €15,748 | €6,874 | -€8,874 | -56.4% |
| Taxes | 450/3 | €12,000 | €3,250 | -€8,750 | -72.9% |
| Remuneration and social security | 454/9 | €3,748 | €3,624 | -€124 | -3.3% |
| Other amounts payable | 47/48 | €28,000 | - | -€28,000 | |
| Remuneration, social security and pensions | 62 | €72,611 | €57,104 | -€15,508 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,065 | €61,073 | +€7,008 | +13.0% |
| Other operating charges | 640/8 | €9,219 | €3,601 | -€5,617 | -60.9% |
| Non-recurring operating charges | 66A | €148 | €63 | -€85 | -57.2% |
| Gross operating margin | 9900 | €219,922 | €212,345 | -€7,577 | -3.4% |
| Operating profit (loss) | 9901 | €83,879 | €90,504 | +€6,624 | +7.9% |
| Financial income | 75/76B | €5,415 | €0 | -€5,415 | -100.0% |
| Recurring financial income | 75 | €5,415 | €0 | -€5,415 | -100.0% |
| Financial charges | 65/66B | €4,137 | €3,353 | -€784 | -18.9% |
| Recurring financial charges | 65 | €4,137 | €3,353 | -€784 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €85,157 | €87,151 | +€1,993 | +2.3% |
| Income taxes | 67/77 | €19,923 | €30,153 | +€10,229 | +51.3% |
| Profit (loss) for the period | 9904 | €65,234 | €56,998 | -€8,236 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,234 | €56,998 | -€8,236 | -12.6% |
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 22 October 2026 via checked.be.