HOTHENTIC: 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.
HOTHENTIC
Largest movements
- Tangible fixed assets -€12,513
down €12,513 (-23.2%), from €53,921 to €41,408
of which Furniture and vehicles: -€6,967
- Receivables within one year -€6,878
down €6,878 (-18.4%), from €37,298 to €30,420
of which Trade receivables: -€23,000
- Reserves -€18,786
down €18,786 (-45.4%), from €41,335 to €22,549
- Trade debts -€12,692
down €12,692 (-97.6%), from €13,009 to €317
- Other debts +€11,400
new in 2025: €11,400
- Tax, wage and social debts -€8,863
down €8,863 (-24.0%), from €36,908 to €28,045
of which Taxes: -€8,929
- Profit (loss) carried forward +€8,407
up €8,407 (+43.0%), from €19,543 to €27,949
- Gross operating margin +€11,299
up €11,299 (+15.8%), from €71,730 to €83,029
- Other operating charges +€4,959
up €4,959 (+213%), from €2,325 to €7,284
- Taxes +€2,817
up €2,817 (+21.2%), from €13,307 to €16,124
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 | €118,854 | €98,320 | -€20,534 | -17.3% |
| Fixed assets | 21/28 | €53,921 | €41,408 | -€12,513 | -23.2% |
| Tangible fixed assets | 22/27 | €53,921 | €41,408 | -€12,513 | -23.2% |
| Land and buildings | 22 | €36,215 | €30,669 | -€5,546 | -15.3% |
| Furniture and vehicles | 24 | €17,706 | €10,739 | -€6,967 | -39.3% |
| Current assets | 29/58 | €64,933 | €56,912 | -€8,021 | -12.4% |
| Amounts receivable within one year | 40/41 | €37,298 | €30,420 | -€6,878 | -18.4% |
| Trade receivables | 40 | €24,000 | €1,000 | -€23,000 | -95.8% |
| Other amounts receivable | 41 | €13,298 | €29,420 | +€16,122 | +121% |
| Cash at bank and in hand | 54/58 | €27,635 | €26,482 | -€1,153 | -4.2% |
| Deferred charges and accrued income | 490/1 | - | €10 | +€10 | |
| Total equity and liabilities | 10/49 | €118,854 | €98,320 | -€20,534 | -17.3% |
| Equity | 10/15 | €68,937 | €58,558 | -€10,379 | -15.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €41,335 | €22,549 | -€18,786 | -45.4% |
| Distributable reserves | 133 | €41,335 | €22,549 | -€18,786 | -45.4% |
| Profit (loss) carried forward | 14 | €19,543 | €27,949 | +€8,407 | +43.0% |
| Amounts payable | 17/49 | €49,917 | €39,762 | -€10,155 | -20.3% |
| Amounts payable within one year | 42/48 | €49,917 | €39,762 | -€10,155 | -20.3% |
| Trade debts | 44 | €13,009 | €317 | -€12,692 | -97.6% |
| Suppliers | 440/4 | €13,009 | €317 | -€12,692 | -97.6% |
| Taxes, remuneration and social security | 45 | €36,908 | €28,045 | -€8,863 | -24.0% |
| Taxes | 450/3 | €36,375 | €27,446 | -€8,929 | -24.5% |
| Remuneration and social security | 454/9 | €533 | €598 | +€65 | +12.3% |
| Other amounts payable | 47/48 | - | €11,400 | +€11,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,340 | €12,513 | -€827 | -6.2% |
| Other operating charges | 640/8 | €2,325 | €7,284 | +€4,959 | +213% |
| Gross operating margin | 9900 | €71,730 | €83,029 | +€11,299 | +15.8% |
| Operating profit (loss) | 9901 | €56,065 | €63,233 | +€7,167 | +12.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,295 | €703 | -€592 | -45.7% |
| Recurring financial charges | 65 | €1,295 | €703 | -€592 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €54,770 | €62,531 | +€7,760 | +14.2% |
| Income taxes | 67/77 | €13,307 | €16,124 | +€2,817 | +21.2% |
| Profit (loss) for the period | 9904 | €41,463 | €46,407 | +€4,943 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,463 | €46,407 | +€4,943 | +11.9% |
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 15 October 2026 via checked.be.