HOTLEMON: 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.
HOTLEMON
Largest movements
- Cash +€33,603
up €33,603 (+163%), from €20,650 to €54,253
mainly Other debts (+€183,723) and Depreciation (+€140,130)
- Debts after one year -€211,876
down €211,876 (-23.6%), from €898,067 to €686,191
- Other debts +€183,723
up €183,723 (+59.1%), from €311,122 to €494,845
- Gross operating margin -€108,749
down €108,749 (-32.0%), from €339,597 to €230,848
- Taxes -€31,052
down €31,052 (-80.4%), from €38,628 to €7,576
- Financial charges -€3,729
down €3,729 (-7.8%), from €47,628 to €43,898
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 | €3,153,824 | €3,185,922 | +€32,099 | +1.0% |
| Fixed assets | 21/28 | €3,058,971 | €3,045,263 | -€13,708 | -0.4% |
| Tangible fixed assets | 22/27 | €1,873,971 | €1,860,263 | -€13,708 | -0.7% |
| Land and buildings | 22 | €1,868,389 | €1,856,833 | -€11,556 | -0.6% |
| Furniture and vehicles | 24 | €5,582 | €3,430 | -€2,152 | -38.6% |
| Financial fixed assets | 28 | €1,185,000 | €1,185,000 | = | 0.0% |
| Current assets | 29/58 | €94,853 | €140,660 | +€45,807 | +48.3% |
| Amounts receivable within one year | 40/41 | €74,203 | €80,075 | +€5,872 | +7.9% |
| Trade receivables | 40 | €52,299 | €34,427 | -€17,873 | -34.2% |
| Other amounts receivable | 41 | €21,904 | €45,648 | +€23,745 | +108% |
| Cash at bank and in hand | 54/58 | €20,650 | €54,253 | +€33,603 | +163% |
| Deferred charges and accrued income | 490/1 | €0 | €6,332 | +€6,332 | |
| Total equity and liabilities | 10/49 | €3,153,824 | €3,185,922 | +€32,099 | +1.0% |
| Equity | 10/15 | €1,690,667 | €1,711,415 | +€20,748 | +1.2% |
| Contributions | 10/11 | €985,000 | €985,000 | = | 0.0% |
| Reserves | 13 | €705,667 | €726,415 | +€20,748 | +2.9% |
| Distributable reserves | 133 | €705,667 | €726,415 | +€20,748 | +2.9% |
| Amounts payable | 17/49 | €1,463,157 | €1,474,507 | +€11,350 | +0.8% |
| Amounts payable after more than one year | 17 | €898,067 | €686,191 | -€211,876 | -23.6% |
| Financial debts | 170/4 | €898,067 | €686,191 | -€211,876 | -23.6% |
| Amounts payable within one year | 42/48 | €552,684 | €755,620 | +€202,937 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €224,294 | €229,305 | +€5,011 | +2.2% |
| Trade debts | 44 | €1,418 | €1,486 | +€68 | +4.8% |
| Suppliers | 440/4 | €1,418 | €1,486 | +€68 | +4.8% |
| Taxes, remuneration and social security | 45 | €15,850 | €29,986 | +€14,135 | +89.2% |
| Taxes | 450/3 | €15,850 | €29,986 | +€14,135 | +89.2% |
| Other amounts payable | 47/48 | €311,122 | €494,845 | +€183,723 | +59.1% |
| Accrued charges and deferred income | 492/3 | €12,406 | €32,696 | +€20,290 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,241 | €140,130 | +€1,889 | +1.4% |
| Other operating charges | 640/8 | €18,436 | €19,012 | +€576 | +3.1% |
| Gross operating margin | 9900 | €339,597 | €230,848 | -€108,749 | -32.0% |
| Operating profit (loss) | 9901 | €182,920 | €71,706 | -€111,214 | -60.8% |
| Financial income | 75/76B | €396 | €517 | +€120 | +30.4% |
| Recurring financial income | 75 | €396 | €517 | +€120 | +30.4% |
| Financial charges | 65/66B | €47,628 | €43,898 | -€3,729 | -7.8% |
| Recurring financial charges | 65 | €47,628 | €43,898 | -€3,729 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €135,688 | €28,324 | -€107,365 | -79.1% |
| Income taxes | 67/77 | €38,628 | €7,576 | -€31,052 | -80.4% |
| Profit (loss) for the period | 9904 | €97,060 | €20,748 | -€76,312 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €97,060 | €20,748 | -€76,312 | -78.6% |
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 24 October 2026 via checked.be.