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
- Cash -€31,673
down €31,673 (-45.1%), from €70,188 to €38,515
mainly Contributions, distributions and other (-€43,029) and Investment in fixed assets (net) (-€14,385)
- Tangible fixed assets +€12,371
up €12,371 (+948%), from €1,304 to €13,675
of which Furniture and vehicles: +€6,359
- Receivables within one year +€9,965
up €9,965 (+172%), from €5,792 to €15,757
of which Other amounts receivable: +€14,166
- Deferred charges and accrued income +€2,649
up €2,649 (+61.1%), from €4,333 to €6,982
- Stocks and contracts -€2,356
down €2,356 (-24.2%), from €9,736 to €7,380
- Reserves -€43,029
no longer reported in 2025 (was €43,029)
- Debts after one year +€29,258
new in 2025: €29,258
- Profit (loss) carried forward -€9,004
new in 2025: -€9,004
- Current portion of long-term debt +€7,369
new in 2025: €7,369
- Tax, wage and social debts +€6,554
up €6,554 (+31.8%), from €20,624 to €27,178
of which Taxes: +€6,890
- Gross operating margin -€21,535
down €21,535 (-27.3%), from €78,864 to €57,328
- Staff costs +€11,601
up €11,601 (+22.8%), from €50,945 to €62,547
- Taxes -€5,358
down €5,358, from €5,081 to -€278
- Other operating charges -€2,028
down €2,028 (-44.0%), from €4,608 to €2,580
- Financial income +€913
up €913 (+1,834%), from €50 to €962
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 | €91,353 | €82,309 | -€9,044 | -9.9% |
| Fixed assets | 21/28 | €1,304 | €13,675 | +€12,371 | +948% |
| Tangible fixed assets | 22/27 | €1,304 | €13,675 | +€12,371 | +948% |
| Plant, machinery and equipment | 23 | - | €6,012 | +€6,012 | |
| Furniture and vehicles | 24 | €1,304 | €7,663 | +€6,359 | +488% |
| Current assets | 29/58 | €90,049 | €68,634 | -€21,415 | -23.8% |
| Stocks and contracts in progress | 3 | €9,736 | €7,380 | -€2,356 | -24.2% |
| Stocks | 30/36 | €9,736 | €7,380 | -€2,356 | -24.2% |
| Amounts receivable within one year | 40/41 | €5,792 | €15,757 | +€9,965 | +172% |
| Trade receivables | 40 | €5,792 | €1,591 | -€4,201 | -72.5% |
| Other amounts receivable | 41 | - | €14,166 | +€14,166 | |
| Cash at bank and in hand | 54/58 | €70,188 | €38,515 | -€31,673 | -45.1% |
| Deferred charges and accrued income | 490/1 | €4,333 | €6,982 | +€2,649 | +61.1% |
| Total equity and liabilities | 10/49 | €91,353 | €82,309 | -€9,044 | -9.9% |
| Equity | 10/15 | €63,029 | €10,996 | -€52,033 | -82.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €43,029 | - | -€43,029 | |
| Distributable reserves | 133 | €43,029 | - | -€43,029 | |
| Profit (loss) carried forward | 14 | - | -€9,004 | -€9,004 | |
| Amounts payable | 17/49 | €28,324 | €71,313 | +€42,989 | +152% |
| Amounts payable after more than one year | 17 | - | €29,258 | +€29,258 | |
| Financial debts | 170/4 | - | €29,258 | +€29,258 | |
| Amounts payable within one year | 42/48 | €28,324 | €42,055 | +€13,731 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,369 | +€7,369 | |
| Financial debts | 43 | - | €2,275 | +€2,275 | |
| Credit institutions | 430/8 | - | €2,275 | +€2,275 | |
| Trade debts | 44 | €4,507 | €5,234 | +€726 | +16.1% |
| Suppliers | 440/4 | €4,507 | €5,234 | +€726 | +16.1% |
| Taxes, remuneration and social security | 45 | €20,624 | €27,178 | +€6,554 | +31.8% |
| Taxes | 450/3 | €12,915 | €19,806 | +€6,890 | +53.4% |
| Remuneration and social security | 454/9 | €7,708 | €7,372 | -€336 | -4.4% |
| Other amounts payable | 47/48 | €3,193 | - | -€3,193 | |
| Remuneration, social security and pensions | 62 | €50,945 | €62,547 | +€11,601 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,609 | €2,014 | -€595 | -22.8% |
| Other operating charges | 640/8 | €4,608 | €2,580 | -€2,028 | -44.0% |
| Gross operating margin | 9900 | €78,864 | €57,328 | -€21,535 | -27.3% |
| Operating profit (loss) | 9901 | €20,701 | -€9,812 | -€30,513 | |
| Financial income | 75/76B | €50 | €962 | +€913 | +1,834% |
| Recurring financial income | 75 | €50 | €962 | +€913 | +1,834% |
| Financial charges | 65/66B | €80 | €433 | +€352 | +439% |
| Recurring financial charges | 65 | €80 | €433 | +€352 | +439% |
| Profit (loss) for the period before taxes | 9903 | €20,671 | -€9,282 | -€29,952 | |
| Income taxes | 67/77 | €5,081 | -€278 | -€5,358 | |
| Profit (loss) for the period | 9904 | €15,590 | -€9,004 | -€24,594 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,590 | -€9,004 | -€24,594 |
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 30 October 2026 via checked.be.