OCTOPUS: 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.
OCTOPUS
Largest movements
- Current investments +€625,446
up €625,446 (+8.3%), from €7.5m to €8.1m
- Cash -€112,355
down €112,355 (-7.6%), from €1.5m to €1.4m
mainly Contributions, distributions and other (-€2.7m) and Current investments (-€625,446)
- Receivables within one year +€104,615
up €104,615 (+22.2%), from €471,242 to €575,857
- Reserves -€739,432
down €739,432 (-17.4%), from €4.2m to €3.5m
of which Distributable reserves: -€739,432
- Other debts +€700,000
up €700,000 (+35.0%), from €2.0m to €2.7m
- Accrued charges and deferred income +€477,506
up €477,506 (+20.5%), from €2.3m to €2.8m
- Tax, wage and social debts +€190,289
up €190,289 (+48.5%), from €391,945 to €582,234
of which Taxes: +€132,874
- Gross operating margin +€652,447
up €652,447 (+22.5%), from €2.9m to €3.5m
- Staff costs +€199,291
up €199,291 (+25.7%), from €774,796 to €974,087
- Taxes +€99,473
up €99,473 (+17.3%), from €574,888 to €674,361
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 | €9,604,112 | €10,256,498 | +€652,386 | +6.8% |
| Fixed assets | 21/28 | €129,629 | €164,219 | +€34,590 | +26.7% |
| Tangible fixed assets | 22/27 | €129,629 | €164,219 | +€34,590 | +26.7% |
| Plant, machinery and equipment | 23 | €53,351 | €40,695 | -€12,656 | -23.7% |
| Furniture and vehicles | 24 | €76,278 | €123,524 | +€47,246 | +61.9% |
| Current assets | 29/58 | €9,474,483 | €10,092,279 | +€617,795 | +6.5% |
| Stocks and contracts in progress | 3 | €120 | €210 | +€90 | +75.0% |
| Stocks | 30/36 | €120 | €210 | +€90 | +75.0% |
| Amounts receivable within one year | 40/41 | €471,242 | €575,857 | +€104,615 | +22.2% |
| Trade receivables | 40 | €471,242 | €575,857 | +€104,615 | +22.2% |
| Current investments | 50/53 | €7,515,282 | €8,140,728 | +€625,446 | +8.3% |
| Cash at bank and in hand | 54/58 | €1,487,839 | €1,375,483 | -€112,355 | -7.6% |
| Total equity and liabilities | 10/49 | €9,604,112 | €10,256,498 | +€652,386 | +6.8% |
| Equity | 10/15 | €4,690,972 | €3,951,540 | -€739,432 | -15.8% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €4,240,972 | €3,501,540 | -€739,432 | -17.4% |
| Non-distributable reserves | 130/1 | €45,000 | €45,000 | = | 0.0% |
| Legal reserve | 130 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €4,195,972 | €3,456,540 | -€739,432 | -17.6% |
| Amounts payable | 17/49 | €4,913,140 | €6,304,958 | +€1.4m | +28.3% |
| Amounts payable within one year | 42/48 | €2,582,619 | €3,496,931 | +€914,312 | +35.4% |
| Trade debts | 44 | €190,673 | €214,696 | +€24,023 | +12.6% |
| Suppliers | 440/4 | €190,673 | €214,696 | +€24,023 | +12.6% |
| Taxes, remuneration and social security | 45 | €391,945 | €582,234 | +€190,289 | +48.5% |
| Taxes | 450/3 | €287,290 | €420,163 | +€132,874 | +46.3% |
| Remuneration and social security | 454/9 | €104,655 | €162,071 | +€57,415 | +54.9% |
| Other amounts payable | 47/48 | €2,000,000 | €2,700,000 | +€700,000 | +35.0% |
| Accrued charges and deferred income | 492/3 | €2,330,521 | €2,808,027 | +€477,506 | +20.5% |
| Remuneration, social security and pensions | 62 | €774,796 | €974,087 | +€199,291 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,844 | €57,558 | +€7,715 | +15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,872 | €61,578 | +€33,706 | +121% |
| Other operating charges | 640/8 | €5,282 | €6,043 | +€761 | +14.4% |
| Gross operating margin | 9900 | €2,896,474 | €3,548,921 | +€652,447 | +22.5% |
| Operating profit (loss) | 9901 | €2,038,681 | €2,449,655 | +€410,974 | +20.2% |
| Financial income | 75/76B | €218,516 | €188,303 | -€30,213 | -13.8% |
| Recurring financial income | 75 | €218,516 | €188,303 | -€30,213 | -13.8% |
| Financial charges | 65/66B | €7,073 | €3,030 | -€4,043 | -57.2% |
| Recurring financial charges | 65 | €7,073 | €3,030 | -€4,043 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €2,250,124 | €2,634,928 | +€384,804 | +17.1% |
| Income taxes | 67/77 | €574,888 | €674,361 | +€99,473 | +17.3% |
| Profit (loss) for the period | 9904 | €1,675,237 | €1,960,568 | +€285,331 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,675,237 | €1,960,568 | +€285,331 | +17.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.