OCTO: 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.
OCTO
Largest movements
- Receivables within one year +€21,011
up €21,011 (+295%), from €7,119 to €28,131
of which Other amounts receivable: +€12,329
- Tangible fixed assets -€6,247
down €6,247 (-23.8%), from €26,258 to €20,011
- Deferred charges and accrued income -€1,599
down €1,599 (-40.0%), from €3,999 to €2,401
- Cash -€1,544
down €1,544 (-2.6%), from €58,314 to €56,770
mainly Receivables within one year (-€21,011) and Current portion of long-term debt (-€13,773)
- Profit (loss) carried forward +€19,623
up €19,623 (+85.5%), from €22,944 to €42,567
- Current portion of long-term debt -€13,773
down €13,773 (-100%), from €13,773 to €0
- Tax, wage and social debts +€10,016
up €10,016 (+103%), from €9,706 to €19,722
of which Taxes: +€7,686
- Trade debts -€8,632
down €8,632 (-34.3%), from €25,189 to €16,557
- Other debts +€8,273
up €8,273 (+18.4%), from €44,922 to €53,195
- Depreciation -€18,311
down €18,311 (-74.2%), from €24,674 to €6,363
- Gross operating margin +€9,333
up €9,333 (+9.1%), from €102,876 to €112,208
- Taxes +€6,124
up €6,124 (+471%), from €1,300 to €7,424
- Staff costs +€3,288
up €3,288 (+4.6%), from €70,979 to €74,267
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 | €123,535 | €135,040 | +€11,506 | +9.3% |
| Fixed assets | 21/28 | €26,374 | €20,011 | -€6,363 | -24.1% |
| Intangible fixed assets | 21 | €116 | €0 | -€116 | -100% |
| Tangible fixed assets | 22/27 | €26,258 | €20,011 | -€6,247 | -23.8% |
| Plant, machinery and equipment | 23 | €5,333 | €3,389 | -€1,944 | -36.5% |
| Furniture and vehicles | 24 | €6,569 | €4,531 | -€2,039 | -31.0% |
| Other tangible fixed assets | 26 | €14,356 | €12,091 | -€2,264 | -15.8% |
| Current assets | 29/58 | €97,161 | €115,030 | +€17,869 | +18.4% |
| Stocks and contracts in progress | 3 | €27,729 | €27,729 | = | 0.0% |
| Stocks | 30/36 | €27,729 | €27,729 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,119 | €28,131 | +€21,011 | +295% |
| Trade receivables | 40 | €1,011 | €9,693 | +€8,682 | +858% |
| Other amounts receivable | 41 | €6,108 | €18,437 | +€12,329 | +202% |
| Cash at bank and in hand | 54/58 | €58,314 | €56,770 | -€1,544 | -2.6% |
| Deferred charges and accrued income | 490/1 | €3,999 | €2,401 | -€1,599 | -40.0% |
| Total equity and liabilities | 10/49 | €123,535 | €135,040 | +€11,506 | +9.3% |
| Equity | 10/15 | €25,944 | €45,567 | +€19,623 | +75.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,944 | €42,567 | +€19,623 | +85.5% |
| Amounts payable | 17/49 | €97,590 | €89,473 | -€8,117 | -8.3% |
| Amounts payable within one year | 42/48 | €97,590 | €89,473 | -€8,117 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €13,773 | €0 | -€13,773 | -100% |
| Financial debts | 43 | €4,000 | €0 | -€4,000 | -100% |
| Credit institutions | 430/8 | €4,000 | €0 | -€4,000 | -100% |
| Trade debts | 44 | €25,189 | €16,557 | -€8,632 | -34.3% |
| Suppliers | 440/4 | €25,189 | €16,557 | -€8,632 | -34.3% |
| Taxes, remuneration and social security | 45 | €9,706 | €19,722 | +€10,016 | +103% |
| Taxes | 450/3 | €8,576 | €16,262 | +€7,686 | +89.6% |
| Remuneration and social security | 454/9 | €1,130 | €3,460 | +€2,330 | +206% |
| Other amounts payable | 47/48 | €44,922 | €53,195 | +€8,273 | +18.4% |
| Remuneration, social security and pensions | 62 | €70,979 | €74,267 | +€3,288 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,674 | €6,363 | -€18,311 | -74.2% |
| Other operating charges | 640/8 | €1,042 | €787 | -€255 | -24.4% |
| Gross operating margin | 9900 | €102,876 | €112,208 | +€9,333 | +9.1% |
| Operating profit (loss) | 9901 | €6,181 | €30,791 | +€24,611 | +398% |
| Financial income | 75/76B | €645 | €67 | -€578 | -89.6% |
| Recurring financial income | 75 | €645 | €67 | -€578 | -89.6% |
| Financial charges | 65/66B | €2,822 | €3,812 | +€990 | +35.1% |
| Recurring financial charges | 65 | €2,822 | €3,812 | +€990 | +35.1% |
| Profit (loss) for the period before taxes | 9903 | €4,004 | €27,047 | +€23,043 | +576% |
| Income taxes | 67/77 | €1,300 | €7,424 | +€6,124 | +471% |
| Profit (loss) for the period | 9904 | €2,704 | €19,623 | +€16,919 | +626% |
| Profit (loss) for the period to be appropriated | 9905 | €2,704 | €19,623 | +€16,919 | +626% |
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 27 October 2026 via checked.be.