HOTAK GROUP: 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.
HOTAK GROUP
Largest movements
- Cash +€14,563
up €14,563 (+39,359%), from €37 to €14,600
mainly Net result for the year (+€8,517) and Tax, wage and social debts (+€8,387)
- Profit (loss) carried forward +€8,517
up €8,517 (+81.7%), from -€10,420 to -€1,903
- Tax, wage and social debts +€8,387
up €8,387 (+401%), from €2,090 to €10,477
of which Taxes: +€7,369
- Other debts -€6,444
no longer reported in 2025 (was €6,444)
- Trade debts +€4,026
new in 2025: €4,026
- Gross operating margin +€20,797
up €20,797, from -€6,200 to €14,597
- Staff costs +€3,499
up €3,499 (+143%), from €2,447 to €5,946
- Financial charges -€1,639
down €1,639 (-92.4%), from €1,773 to €134
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 | €114 | €14,600 | +€14,486 | +12,707% |
| Current assets | 29/58 | €114 | €14,600 | +€14,486 | +12,707% |
| Amounts receivable within one year | 40/41 | €77 | - | -€77 | |
| Trade receivables | 40 | €77 | - | -€77 | |
| Cash at bank and in hand | 54/58 | €37 | €14,600 | +€14,563 | +39,359% |
| Total equity and liabilities | 10/49 | €114 | €14,600 | +€14,486 | +12,707% |
| Equity | 10/15 | -€8,420 | €97 | +€8,517 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,420 | -€1,903 | +€8,517 | +81.7% |
| Amounts payable | 17/49 | €8,534 | €14,503 | +€5,969 | +69.9% |
| Amounts payable within one year | 42/48 | €8,534 | €14,503 | +€5,969 | +69.9% |
| Trade debts | 44 | - | €4,026 | +€4,026 | |
| Suppliers | 440/4 | - | €4,026 | +€4,026 | |
| Taxes, remuneration and social security | 45 | €2,090 | €10,477 | +€8,387 | +401% |
| Taxes | 450/3 | €2,090 | €9,459 | +€7,369 | +353% |
| Remuneration and social security | 454/9 | - | €1,018 | +€1,018 | |
| Other amounts payable | 47/48 | €6,444 | - | -€6,444 | |
| Remuneration, social security and pensions | 62 | €2,447 | €5,946 | +€3,499 | +143% |
| Gross operating margin | 9900 | -€6,200 | €14,597 | +€20,797 | |
| Operating profit (loss) | 9901 | -€8,647 | €8,651 | +€17,298 | |
| Financial charges | 65/66B | €1,773 | €134 | -€1,639 | -92.4% |
| Recurring financial charges | 65 | €1,773 | €134 | -€1,639 | -92.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,420 | €8,517 | +€18,937 | |
| Profit (loss) for the period | 9904 | -€10,420 | €8,517 | +€18,937 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,420 | €8,517 | +€18,937 |
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 20 October 2026 via checked.be.