Hotta: what changed
Two fiscal 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.
Hotta
Largest movements
- Receivables within one year -€5,604
down €5,604 (-13.5%), from €41,391 to €35,788
of which Other amounts receivable: -€5,604
- Tax, wage and social debts -€22,973
down €22,973 (-66.5%), from €34,520 to €11,548
- Trade debts +€6,986
up €6,986 (+42.3%), from €16,523 to €23,510
- Reserves +€6,600
up €6,600 (+27.9%), from €23,618 to €30,218
of which Distributable reserves: +€6,600
- Accrued charges and deferred income +€4,250
new in 2025: €4,250
- Gross operating margin -€5,842
down €5,842 (-24.4%), from €23,897 to €18,055
- Other operating charges -€2,287
down €2,287 (-46.2%), from €4,953 to €2,665
- Taxes -€1,276
down €1,276 (-19.4%), from €6,572 to €5,297
- Financial income +€647
up €647 (+9.8%), from €6,623 to €7,270
- Depreciation -€330
down €330 (-44.0%), from €751 to €421
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.
Cash bridge derived
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 | €220,817 | €216,266 | -€4,550 | -2.1% |
| Fixed assets | 21/28 | €980 | €2,260 | +€1,280 | +130.7% |
| Tangible fixed assets | 22/27 | €980 | €2,260 | +€1,280 | +130.7% |
| Furniture and vehicles | 24 | €980 | €2,260 | +€1,280 | +130.7% |
| Current assets | 29/58 | €219,837 | €214,006 | -€5,831 | -2.7% |
| Amounts receivable after more than one year | 29 | €173,000 | €173,000 | = | 0.0% |
| Other amounts receivable | 291 | €173,000 | €173,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,391 | €35,788 | -€5,604 | -13.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €41,391 | €35,788 | -€5,604 | -13.5% |
| Cash at bank and in hand | 54/58 | €256 | €28 | -€227 | -88.9% |
| Deferred charges and accrued income | 490/1 | €5,190 | €5,190 | = | 0.0% |
| Total equity and liabilities | 10/49 | €220,817 | €216,266 | -€4,550 | -2.1% |
| Equity | 10/15 | €62,809 | €69,416 | +€6,608 | +10.5% |
| Contributions | 10/11 | €38,840 | €38,840 | = | 0.0% |
| Reserves | 13 | €23,618 | €30,218 | +€6,600 | +27.9% |
| Non-distributable reserves | 130/1 | €5,210 | €5,210 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,210 | €5,210 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,208 | €7,208 | = | 0.0% |
| Distributable reserves | 133 | €11,200 | €17,800 | +€6,600 | +58.9% |
| Profit (loss) carried forward | 14 | €350 | €358 | +€8 | +2.2% |
| Amounts payable | 17/49 | €158,008 | €146,850 | -€11,158 | -7.1% |
| Amounts payable within one year | 42/48 | €158,008 | €142,600 | -€15,408 | -9.8% |
| Financial debts | 43 | €9,995 | €9,993 | -€2 | 0.0% |
| Credit institutions | 430/8 | €9,995 | €9,993 | -€2 | 0.0% |
| Trade debts | 44 | €16,523 | €23,510 | +€6,986 | +42.3% |
| Suppliers | 440/4 | €16,523 | €23,510 | +€6,986 | +42.3% |
| Advances received on contracts in progress | 46 | €32,892 | €32,892 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €34,520 | €11,548 | -€22,973 | -66.5% |
| Taxes | 450/3 | €34,520 | €11,548 | -€22,973 | -66.5% |
| Other amounts payable | 47/48 | €64,077 | €64,658 | +€581 | +0.9% |
| Accrued charges and deferred income | 492/3 | - | €4,250 | +€4,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €751 | €421 | -€330 | -44.0% |
| Other operating charges | 640/8 | €4,953 | €2,665 | -€2,287 | -46.2% |
| Gross operating margin | 9900 | €23,897 | €18,055 | -€5,842 | -24.4% |
| Operating profit (loss) | 9901 | €18,193 | €14,969 | -€3,224 | -17.7% |
| Financial income | 75/76B | €6,623 | €7,270 | +€647 | +9.8% |
| Recurring financial income | 75 | €6,623 | €7,270 | +€647 | +9.8% |
| Financial charges | 65/66B | €8,768 | €8,669 | -€99 | -1.1% |
| Recurring financial charges | 65 | €8,768 | €8,669 | -€99 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €16,048 | €13,571 | -€2,478 | -15.4% |
| Income taxes | 67/77 | €6,572 | €5,297 | -€1,276 | -19.4% |
| Profit (loss) for the period | 9904 | €9,476 | €8,274 | -€1,202 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,476 | €8,274 | -€1,202 | -12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.