J. OCTOPUS: 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.
J. OCTOPUS
Largest movements
- Tangible fixed assets -€16,152
down €16,152 (-7.6%), from €213,105 to €196,953
- Current assets +€2,709
up €2,709 (+18.2%), from €14,885 to €17,594
of which Cash: +€2,783
- Debts -€18,773
down €18,773 (-15.4%), from €122,010 to €103,238
of which Debts after one year: -€16,960
- Reserves +€5,330
up €5,330 (+13.7%), from €38,761 to €44,091
- Gross operating margin -€1,774
down €1,774 (-5.3%), from €33,785 to €32,010
- Depreciation -€775
down €775 (-4.6%), from €16,927 to €16,152
From the 2011 result to the 2012 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,990 | €214,547 | -€13,443 | -5.9% |
| Fixed assets | 21/28 | €213,105 | €196,953 | -€16,152 | -7.6% |
| Tangible fixed assets | 22/27 | €213,105 | €196,953 | -€16,152 | -7.6% |
| Current assets | 29/58 | €14,885 | €17,594 | +€2,709 | +18.2% |
| Amounts receivable within one year | 40/41 | €34 | €29 | -€5 | -15.4% |
| Cash at bank and in hand | 54/58 | €14,208 | €16,991 | +€2,783 | +19.6% |
| Total equity and liabilities | 10/49 | €227,990 | €214,547 | -€13,443 | -5.9% |
| Equity | 10/15 | €105,980 | €111,309 | +€5,330 | +5.0% |
| Contributions | 10/11 | €67,218 | €67,218 | = | 0.0% |
| Reserves | 13 | €38,761 | €44,091 | +€5,330 | +13.7% |
| Amounts payable | 17/49 | €122,010 | €103,238 | -€18,773 | -15.4% |
| Amounts payable after more than one year | 17 | €80,054 | €63,094 | -€16,960 | -21.2% |
| Amounts payable within one year | 42/48 | €40,032 | €35,663 | -€4,370 | -10.9% |
| Trade debts | 44 | €212 | €219 | +€8 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,927 | €16,152 | -€775 | -4.6% |
| Gross operating margin | 9900 | €33,785 | €32,010 | -€1,774 | -5.3% |
| Operating profit (loss) | 9901 | €12,415 | €11,564 | -€851 | -6.9% |
| Recurring financial income | 75 | €96 | €138 | +€42 | +43.5% |
| Recurring financial charges | 65 | €7,787 | €6,373 | -€1,414 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €4,725 | €5,330 | +€605 | +12.8% |
| Income taxes | 67/77 | -€21 | - | +€21 | |
| Profit (loss) for the period | 9904 | €4,746 | €5,330 | +€584 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,746 | €5,330 | +€584 | +12.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.