HOTINVEST: 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.
HOTINVEST
Largest movements
- Receivables within one year +€39,747
up €39,747 (+145%), from €27,415 to €67,163
of which Trade receivables: +€38,000
- Other debts +€38,092
up €38,092 (+2.9%), from €1.3m to €1.4m
- Trade debts +€18,031
up €18,031 (+39.7%), from €45,468 to €63,499
- Gross operating margin +€11,502
up €11,502 (+234%), from €4,916 to €16,417
- Financial charges -€1,046
down €1,046 (-5.1%), from €20,398 to €19,351
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 | €1,577,882 | €1,617,694 | +€39,811 | +2.5% |
| Fixed assets | 21/28 | €1,484,280 | €1,484,280 | = | 0.0% |
| Financial fixed assets | 28 | €1,484,280 | €1,484,280 | = | 0.0% |
| Current assets | 29/58 | €93,603 | €133,414 | +€39,811 | +42.5% |
| Amounts receivable after more than one year | 29 | €64,043 | €64,043 | = | 0.0% |
| Other amounts receivable | 291 | €64,043 | €64,043 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,415 | €67,163 | +€39,747 | +145% |
| Trade receivables | 40 | €20,090 | €58,090 | +€38,000 | +189% |
| Other amounts receivable | 41 | €7,325 | €9,073 | +€1,747 | +23.9% |
| Cash at bank and in hand | 54/58 | €31 | €22 | -€10 | -31.2% |
| Deferred charges and accrued income | 490/1 | €2,113 | €2,187 | +€74 | +3.5% |
| Total equity and liabilities | 10/49 | €1,577,882 | €1,617,694 | +€39,811 | +2.5% |
| Equity | 10/15 | €176,538 | €174,792 | -€1,746 | -1.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €114,538 | €112,792 | -€1,746 | -1.5% |
| Non-distributable reserves | 130/1 | €27,300 | €27,300 | = | 0.0% |
| Legal reserve | 130 | €27,300 | €27,300 | = | 0.0% |
| Distributable reserves | 133 | €87,238 | €85,492 | -€1,746 | -2.0% |
| Amounts payable | 17/49 | €1,401,345 | €1,442,902 | +€41,557 | +3.0% |
| Amounts payable within one year | 42/48 | €1,377,279 | €1,433,402 | +€56,123 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €45,468 | €63,499 | +€18,031 | +39.7% |
| Suppliers | 440/4 | €45,468 | €63,499 | +€18,031 | +39.7% |
| Other amounts payable | 47/48 | €1,331,811 | €1,369,903 | +€38,092 | +2.9% |
| Accrued charges and deferred income | 492/3 | €24,066 | €9,500 | -€14,566 | -60.5% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €4,916 | €16,417 | +€11,502 | +234% |
| Operating profit (loss) | 9901 | €3,948 | €15,419 | +€11,471 | +291% |
| Financial income | 75/76B | €2,113 | €2,187 | +€74 | +3.5% |
| Recurring financial income | 75 | €2,113 | €2,187 | +€74 | +3.5% |
| Financial charges | 65/66B | €20,398 | €19,351 | -€1,046 | -5.1% |
| Recurring financial charges | 65 | €20,398 | €19,351 | -€1,046 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,336 | -€1,746 | +€12,591 | +87.8% |
| Profit (loss) for the period | 9904 | -€14,336 | -€1,746 | +€12,591 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,336 | -€1,746 | +€12,591 | +87.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.