D'OTREPPE: what changed
D'OTREPPE
Largest movements
- Receivables within one year -€206,002
down €206,002 (-91.5%), from €225,191 to €19,189
of which Trade receivables: -€195,116
- Tangible fixed assets +€156,779
up €156,779 (+202%), from €77,659 to €234,438
of which Plant, machinery and equipment: +€160,991
- Cash +€64,416
up €64,416 (+52.7%), from €122,253 to €186,669
mainly Receivables within one year (+€206,002) and Debts after one year (+€136,789)
- Trade debts -€166,683
down €166,683 (-58.3%), from €285,706 to €119,023
- Debts after one year +€136,789
new in 2025: €136,789
- Current portion of long-term debt +€37,252
new in 2025: €37,252
- Profit (loss) carried forward +€9,209
up €9,209 (+15.9%), from €57,986 to €67,195
- Gross operating margin -€9,469
down €9,469 (-22.3%), from €42,489 to €33,020
- Other operating charges +€6,948
up €6,948 (+866%), from €802 to €7,750
- Depreciation -€4,771
down €4,771 (-22.1%), from €21,563 to €16,792
- Taxes -€3,115
down €3,115, from €2,792 to -€322
- Financial charges +€448
up €448 (+1,029%), from €44 to €491
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €425,495 | €440,712 | +€15,216 | +3.6% |
| Fixed assets | 21/28 | €77,659 | €234,438 | +€156,779 | +202% |
| Tangible fixed assets | 22/27 | €77,659 | €234,438 | +€156,779 | +202% |
| Land and buildings | 22 | €36,341 | €32,129 | -€4,212 | -11.6% |
| Plant, machinery and equipment | 23 | €41,318 | €202,309 | +€160,991 | +390% |
| Current assets | 29/58 | €347,836 | €206,274 | -€141,562 | -40.7% |
| Stocks and contracts in progress | 3 | €392 | €416 | +€24 | +6.2% |
| Stocks | 30/36 | €392 | €416 | +€24 | +6.2% |
| Amounts receivable within one year | 40/41 | €225,191 | €19,189 | -€206,002 | -91.5% |
| Trade receivables | 40 | €209,712 | €14,596 | -€195,116 | -93.0% |
| Other amounts receivable | 41 | €15,479 | €4,593 | -€10,886 | -70.3% |
| Cash at bank and in hand | 54/58 | €122,253 | €186,669 | +€64,416 | +52.7% |
| Total equity and liabilities | 10/49 | €425,495 | €440,712 | +€15,216 | +3.6% |
| Equity | 10/15 | €67,851 | €75,260 | +€7,409 | +10.9% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €3,660 | €1,860 | -€1,800 | -49.2% |
| Tax-exempt reserves | 132 | €1,800 | - | -€1,800 | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,986 | €67,195 | +€9,209 | +15.9% |
| Provisions and deferred taxes | 16 | €600 | - | -€600 | |
| Deferred taxes | 168 | €600 | - | -€600 | |
| Amounts payable | 17/49 | €357,044 | €365,451 | +€8,407 | +2.4% |
| Amounts payable after more than one year | 17 | - | €136,789 | +€136,789 | |
| Financial debts | 170/4 | - | €136,789 | +€136,789 | |
| Amounts payable within one year | 42/48 | €357,044 | €228,662 | -€128,382 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | - | €37,252 | +€37,252 | |
| Trade debts | 44 | €285,706 | €119,023 | -€166,683 | -58.3% |
| Suppliers | 440/4 | €285,706 | €119,023 | -€166,683 | -58.3% |
| Taxes, remuneration and social security | 45 | €292 | - | -€292 | |
| Taxes | 450/3 | €292 | - | -€292 | |
| Other amounts payable | 47/48 | €71,046 | €72,387 | +€1,340 | +1.9% |
| Remuneration, social security and pensions | 62 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,563 | €16,792 | -€4,771 | -22.1% |
| Other operating charges | 640/8 | €802 | €7,750 | +€6,948 | +866% |
| Gross operating margin | 9900 | €42,489 | €33,020 | -€9,469 | -22.3% |
| Operating profit (loss) | 9901 | €18,623 | €6,978 | -€11,646 | -62.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +2,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2,900% |
| Financial charges | 65/66B | €44 | €491 | +€448 | +1,029% |
| Recurring financial charges | 65 | €44 | €491 | +€448 | +1,029% |
| Profit (loss) for the period before taxes | 9903 | €18,580 | €6,487 | -€12,093 | -65.1% |
| Transfer from deferred taxes | 780 | €300 | €600 | +€300 | +100% |
| Income taxes | 67/77 | €2,792 | -€322 | -€3,115 | |
| Profit (loss) for the period | 9904 | €16,087 | €7,409 | -€8,678 | -53.9% |
| Transfer from tax-exempt reserves | 789 | €900 | €1,800 | +€900 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €16,987 | €9,209 | -€7,778 | -45.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.