LES ASSURANCES OTLET: what changed
LES ASSURANCES OTLET
Largest movements
- Tangible fixed assets +€526,367
up €526,367 (+18,178%), from €2,896 to €529,262
of which Land and buildings: +€499,069
- Cash -€66,524
down €66,524 (-45.5%), from €146,232 to €79,709
mainly Investment in fixed assets (net) (-€538,877) and Contributions, distributions and other (-€10,000)
- Debts after one year +€407,328
up €407,328 (+4,316%), from €9,438 to €416,767
- Profit (loss) carried forward +€30,684
up €30,684 (+24.1%), from €127,563 to €158,247
- Current portion of long-term debt +€22,239
up €22,239 (+219%), from €10,155 to €32,395
- Tax, wage and social debts -€9,506
down €9,506 (-38.7%), from €24,558 to €15,052
of which Remuneration and social security: -€5,364
- Other debts +€8,224
up €8,224 (+3,396%), from €242 to €8,466
- Taxes -€15,942
down €15,942 (-91.5%), from €17,432 to €1,489
- Gross operating margin -€12,723
down €12,723 (-6.9%), from €185,320 to €172,598
- Depreciation +€10,278
up €10,278 (+426%), from €2,413 to €12,691
- Financial charges +€8,699
up €8,699 (+1,126%), from €773 to €9,472
of which Financial charges: +€8,654
- Staff costs +€4,217
up €4,217 (+4.1%), from €103,130 to €107,348
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 | €180,466 | €638,378 | +€457,911 | +254% |
| Formation expenses | 20 | €181 | - | -€181 | |
| Fixed assets | 21/28 | €2,896 | €529,262 | +€526,367 | +18,178% |
| Tangible fixed assets | 22/27 | €2,896 | €529,262 | +€526,367 | +18,178% |
| Land and buildings | 22 | - | €499,069 | +€499,069 | |
| Furniture and vehicles | 24 | €2,896 | €30,194 | +€27,298 | +943% |
| Current assets | 29/58 | €177,390 | €109,115 | -€68,275 | -38.5% |
| Amounts receivable within one year | 40/41 | €29,676 | €28,966 | -€710 | -2.4% |
| Trade receivables | 40 | €29,676 | €28,966 | -€710 | -2.4% |
| Cash at bank and in hand | 54/58 | €146,232 | €79,709 | -€66,524 | -45.5% |
| Deferred charges and accrued income | 490/1 | €1,482 | €441 | -€1,041 | -70.2% |
| Total equity and liabilities | 10/49 | €180,466 | €638,378 | +€457,911 | +254% |
| Equity | 10/15 | €131,563 | €162,247 | +€30,684 | +23.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,563 | €158,247 | +€30,684 | +24.1% |
| Amounts payable | 17/49 | €48,903 | €476,130 | +€427,227 | +874% |
| Amounts payable after more than one year | 17 | €9,438 | €416,767 | +€407,328 | +4,316% |
| Financial debts | 170/4 | €9,438 | €416,767 | +€407,328 | +4,316% |
| Amounts payable within one year | 42/48 | €39,465 | €59,364 | +€19,899 | +50.4% |
| Current portion of amounts payable after more than one year | 42 | €10,155 | €32,395 | +€22,239 | +219% |
| Trade debts | 44 | €4,509 | €3,452 | -€1,058 | -23.5% |
| Suppliers | 440/4 | €4,509 | €3,452 | -€1,058 | -23.5% |
| Taxes, remuneration and social security | 45 | €24,558 | €15,052 | -€9,506 | -38.7% |
| Taxes | 450/3 | €7,432 | €3,289 | -€4,142 | -55.7% |
| Remuneration and social security | 454/9 | €17,127 | €11,763 | -€5,364 | -31.3% |
| Other amounts payable | 47/48 | €242 | €8,466 | +€8,224 | +3,396% |
| Remuneration, social security and pensions | 62 | €103,130 | €107,348 | +€4,217 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,413 | €12,691 | +€10,278 | +426% |
| Other operating charges | 640/8 | €2,725 | €918 | -€1,808 | -66.3% |
| Gross operating margin | 9900 | €185,320 | €172,598 | -€12,723 | -6.9% |
| Operating profit (loss) | 9901 | €77,052 | €51,642 | -€25,410 | -33.0% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €773 | €9,472 | +€8,699 | +1,126% |
| Recurring financial charges | 65 | €773 | €9,427 | +€8,654 | +1,120% |
| Non-recurring financial charges | 66B | - | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | €76,280 | €42,173 | -€34,106 | -44.7% |
| Income taxes | 67/77 | €17,432 | €1,489 | -€15,942 | -91.5% |
| Profit (loss) for the period | 9904 | €58,848 | €40,684 | -€18,164 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €58,848 | €40,684 | -€18,164 | -30.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.