OCTARION: 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.
OCTARION
Largest movements
- Cash -€4,494
down €4,494 (-11.4%), from €39,419 to €34,924
mainly Investment in fixed assets (net) (-€7,309) and Receivables within one year (-€4,184)
- Receivables within one year +€4,184
up €4,184 (+21.6%), from €19,414 to €23,598
of which Trade receivables: +€4,184
- Stocks and contracts +€1,062
new in 2025: €1,062
- Tangible fixed assets -€958
down €958 (-5.7%), from €16,683 to €15,725
of which Land and buildings: -€1,927
- Deferred charges and accrued income +€897
up €897 (+9.3%), from €9,647 to €10,544
- Profit (loss) carried forward +€2,952
up €2,952 (+10.9%), from -€27,140 to -€24,188
- Other debts -€2,500
down €2,500 (-48.1%), from €5,195 to €2,695
- Gross operating margin -€3,287
down €3,287 (-20.5%), from €15,997 to €12,709
- Financial charges +€701
up €701 (+699%), from €100 to €801
of which Non-recurring financial charges: +€714
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 | €85,163 | €85,853 | +€691 | +0.8% |
| Fixed assets | 21/28 | €16,683 | €15,725 | -€958 | -5.7% |
| Tangible fixed assets | 22/27 | €16,683 | €15,725 | -€958 | -5.7% |
| Land and buildings | 22 | €6,264 | €4,337 | -€1,927 | -30.8% |
| Plant, machinery and equipment | 23 | €5,913 | €7,819 | +€1,906 | +32.2% |
| Furniture and vehicles | 24 | €4,507 | €3,569 | -€937 | -20.8% |
| Current assets | 29/58 | €68,480 | €70,129 | +€1,649 | +2.4% |
| Stocks and contracts in progress | 3 | - | €1,062 | +€1,062 | |
| Stocks | 30/36 | - | €1,062 | +€1,062 | |
| Amounts receivable within one year | 40/41 | €19,414 | €23,598 | +€4,184 | +21.6% |
| Trade receivables | 40 | €16,936 | €21,121 | +€4,184 | +24.7% |
| Other amounts receivable | 41 | €2,478 | €2,478 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,419 | €34,924 | -€4,494 | -11.4% |
| Deferred charges and accrued income | 490/1 | €9,647 | €10,544 | +€897 | +9.3% |
| Total equity and liabilities | 10/49 | €85,163 | €85,853 | +€691 | +0.8% |
| Equity | 10/15 | €74,685 | €77,637 | +€2,952 | +4.0% |
| Contributions | 10/11 | €78,150 | €78,150 | = | 0.0% |
| Reserves | 13 | €23,674 | €23,674 | = | 0.0% |
| Distributable reserves | 133 | €23,674 | €23,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,140 | -€24,188 | +€2,952 | +10.9% |
| Amounts payable | 17/49 | €10,478 | €8,217 | -€2,261 | -21.6% |
| Amounts payable within one year | 42/48 | €10,478 | €8,217 | -€2,261 | -21.6% |
| Trade debts | 44 | €2,159 | €2,799 | +€640 | +29.7% |
| Suppliers | 440/4 | €2,159 | €2,799 | +€640 | +29.7% |
| Taxes, remuneration and social security | 45 | €3,125 | €2,724 | -€401 | -12.8% |
| Taxes | 450/3 | €3,125 | €2,724 | -€401 | -12.8% |
| Other amounts payable | 47/48 | €5,195 | €2,695 | -€2,500 | -48.1% |
| Remuneration, social security and pensions | 62 | €309 | €415 | +€106 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,302 | €8,267 | -€35 | -0.4% |
| Other operating charges | 640/8 | €153 | €278 | +€125 | +81.8% |
| Non-recurring operating charges | 66A | €2,051 | - | -€2,051 | |
| Gross operating margin | 9900 | €15,997 | €12,709 | -€3,287 | -20.5% |
| Operating profit (loss) | 9901 | €5,180 | €3,749 | -€1,432 | -27.6% |
| Financial income | 75/76B | €20 | €4 | -€16 | -80.9% |
| Recurring financial income | 75 | €20 | €4 | -€16 | -80.9% |
| Financial charges | 65/66B | €100 | €801 | +€701 | +699% |
| Recurring financial charges | 65 | €100 | €87 | -€14 | -13.5% |
| Non-recurring financial charges | 66B | - | €714 | +€714 | |
| Profit (loss) for the period before taxes | 9903 | €5,100 | €2,952 | -€2,149 | -42.1% |
| Profit (loss) for the period | 9904 | €5,100 | €2,952 | -€2,149 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,100 | €2,952 | -€2,149 | -42.1% |
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 31 October 2026 via checked.be.