OCTO-DIVING: 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-DIVING
Largest movements
- Tangible fixed assets +€20,516
up €20,516 (+16.9%), from €121,331 to €141,847
of which Plant, machinery and equipment: +€27,581
- Receivables within one year -€16,743
down €16,743 (-28.1%), from €59,565 to €42,822
of which Trade receivables: -€13,773
- Cash +€14,594
new in 2025: €14,594
mainly Depreciation (+€22,424) and Receivables within one year (+€16,743)
- Deferred charges and accrued income +€6,150
up €6,150 (+2,881%), from €213 to €6,363
- Current portion of long-term debt +€13,023
up €13,023 (+149%), from €8,759 to €21,783
- Debts after one year +€6,874
up €6,874 (+9.1%), from €75,869 to €82,743
- Tax, wage and social debts +€6,688
up €6,688 (+882%), from €758 to €7,446
of which Remuneration and social security: +€5,206
- Other debts +€6,194
up €6,194 (+170%), from €3,636 to €9,830
- Short-term financial debts -€5,320
no longer reported in 2025 (was €5,320)
- Gross operating margin +€52,275
up €52,275 (+182%), from €28,645 to €80,921
- Staff costs +€48,833
new in 2025: €48,833
- Depreciation +€864
up €864 (+4.0%), from €21,560 to €22,424
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 | €181,139 | €205,656 | +€24,517 | +13.5% |
| Fixed assets | 21/28 | €121,361 | €141,877 | +€20,516 | +16.9% |
| Tangible fixed assets | 22/27 | €121,331 | €141,847 | +€20,516 | +16.9% |
| Land and buildings | 22 | €109,370 | €104,370 | -€5,000 | -4.6% |
| Plant, machinery and equipment | 23 | €6,667 | €34,249 | +€27,581 | +414% |
| Furniture and vehicles | 24 | €3,186 | €1,821 | -€1,365 | -42.8% |
| Other tangible fixed assets | 26 | €2,108 | €1,407 | -€701 | -33.2% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €59,779 | €63,779 | +€4,001 | +6.7% |
| Amounts receivable within one year | 40/41 | €59,565 | €42,822 | -€16,743 | -28.1% |
| Trade receivables | 40 | €56,596 | €42,822 | -€13,773 | -24.3% |
| Other amounts receivable | 41 | €2,970 | - | -€2,970 | |
| Cash at bank and in hand | 54/58 | - | €14,594 | +€14,594 | |
| Deferred charges and accrued income | 490/1 | €213 | €6,363 | +€6,150 | +2,881% |
| Total equity and liabilities | 10/49 | €181,139 | €205,656 | +€24,517 | +13.5% |
| Equity | 10/15 | €65,228 | €66,974 | +€1,746 | +2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59,028 | €60,774 | +€1,746 | +3.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,168 | €58,914 | +€1,746 | +3.1% |
| Amounts payable | 17/49 | €115,911 | €138,682 | +€22,771 | +19.6% |
| Amounts payable after more than one year | 17 | €75,869 | €82,743 | +€6,874 | +9.1% |
| Financial debts | 170/4 | €75,869 | €82,743 | +€6,874 | +9.1% |
| Amounts payable within one year | 42/48 | €40,042 | €55,939 | +€15,897 | +39.7% |
| Current portion of amounts payable after more than one year | 42 | €8,759 | €21,783 | +€13,023 | +149% |
| Financial debts | 43 | €5,320 | - | -€5,320 | |
| Credit institutions | 430/8 | €5,320 | - | -€5,320 | |
| Trade debts | 44 | €21,570 | €16,881 | -€4,689 | -21.7% |
| Suppliers | 440/4 | €21,570 | €16,881 | -€4,689 | -21.7% |
| Taxes, remuneration and social security | 45 | €758 | €7,446 | +€6,688 | +882% |
| Taxes | 450/3 | €758 | €2,240 | +€1,482 | +195% |
| Remuneration and social security | 454/9 | - | €5,206 | +€5,206 | |
| Other amounts payable | 47/48 | €3,636 | €9,830 | +€6,194 | +170% |
| Remuneration, social security and pensions | 62 | - | €48,833 | +€48,833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,560 | €22,424 | +€864 | +4.0% |
| Other operating charges | 640/8 | €2,100 | €2,734 | +€634 | +30.2% |
| Gross operating margin | 9900 | €28,645 | €80,921 | +€52,275 | +182% |
| Operating profit (loss) | 9901 | €4,985 | €6,930 | +€1,944 | +39.0% |
| Financial income | 75/76B | €27 | €0 | -€27 | -99.7% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -99.7% |
| Financial charges | 65/66B | €3,771 | €4,325 | +€554 | +14.7% |
| Recurring financial charges | 65 | €3,771 | €4,325 | +€554 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €1,241 | €2,605 | +€1,364 | +110% |
| Income taxes | 67/77 | €424 | €859 | +€435 | +103% |
| Profit (loss) for the period | 9904 | €818 | €1,746 | +€928 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €818 | €1,746 | +€928 | +114% |
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.