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
- Tangible fixed assets -€20,997
down €20,997 (-23.4%), from €89,633 to €68,636
of which Furniture and vehicles: -€20,746
- Cash +€16,691
up €16,691 (+142%), from €11,724 to €28,415
mainly Depreciation (+€22,711) and Tax, wage and social debts (+€9,249)
- Receivables within one year +€2,048
up €2,048 (+33.6%), from €6,104 to €8,152
- Debts after one year -€14,276
down €14,276 (-36.4%), from €39,253 to €24,977
- Tax, wage and social debts +€9,249
up €9,249 (+108%), from €8,543 to €17,792
- Profit (loss) carried forward +€3,408
up €3,408 (+23.7%), from €14,354 to €17,762
- Trade debts -€2,220
down €2,220 (-11.4%), from €19,499 to €17,279
- Other debts +€2,069
up €2,069 (+91.1%), from €2,270 to €4,339
- Depreciation +€10,239
up €10,239 (+82.1%), from €12,472 to €22,711
- Gross operating margin -€3,800
down €3,800 (-10.4%), from €36,561 to €32,761
- Taxes -€3,053
down €3,053 (-45.2%), from €6,757 to €3,704
- Other operating charges -€380
down €380 (-33.1%), from €1,149 to €769
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 | €107,614 | €105,903 | -€1,711 | -1.6% |
| Fixed assets | 21/28 | €89,633 | €68,636 | -€20,997 | -23.4% |
| Tangible fixed assets | 22/27 | €89,633 | €68,636 | -€20,997 | -23.4% |
| Plant, machinery and equipment | 23 | €1,375 | €1,244 | -€131 | -9.5% |
| Furniture and vehicles | 24 | €87,155 | €66,409 | -€20,746 | -23.8% |
| Other tangible fixed assets | 26 | €1,103 | €983 | -€120 | -10.9% |
| Current assets | 29/58 | €17,981 | €37,267 | +€19,286 | +107% |
| Amounts receivable within one year | 40/41 | €6,104 | €8,152 | +€2,048 | +33.6% |
| Trade receivables | 40 | €6,104 | €8,152 | +€2,048 | +33.6% |
| Cash at bank and in hand | 54/58 | €11,724 | €28,415 | +€16,691 | +142% |
| Deferred charges and accrued income | 490/1 | €153 | €700 | +€547 | +358% |
| Total equity and liabilities | 10/49 | €107,614 | €105,903 | -€1,711 | -1.6% |
| Equity | 10/15 | €23,815 | €27,223 | +€3,408 | +14.3% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Reserves | 13 | €9,161 | €9,161 | = | 0.0% |
| Distributable reserves | 133 | €9,161 | €9,161 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,354 | €17,762 | +€3,408 | +23.7% |
| Amounts payable | 17/49 | €83,799 | €78,680 | -€5,119 | -6.1% |
| Amounts payable after more than one year | 17 | €39,253 | €24,977 | -€14,276 | -36.4% |
| Financial debts | 170/4 | €39,253 | €24,977 | -€14,276 | -36.4% |
| Amounts payable within one year | 42/48 | €44,546 | €53,686 | +€9,140 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €14,234 | €14,276 | +€42 | +0.3% |
| Trade debts | 44 | €19,499 | €17,279 | -€2,220 | -11.4% |
| Suppliers | 440/4 | €19,499 | €17,279 | -€2,220 | -11.4% |
| Taxes, remuneration and social security | 45 | €8,543 | €17,792 | +€9,249 | +108% |
| Taxes | 450/3 | €8,543 | €17,792 | +€9,249 | +108% |
| Other amounts payable | 47/48 | €2,270 | €4,339 | +€2,069 | +91.1% |
| Accrued charges and deferred income | 492/3 | - | €17 | +€17 | |
| Remuneration, social security and pensions | 62 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,472 | €22,711 | +€10,239 | +82.1% |
| Other operating charges | 640/8 | €1,149 | €769 | -€380 | -33.1% |
| Gross operating margin | 9900 | €36,561 | €32,761 | -€3,800 | -10.4% |
| Operating profit (loss) | 9901 | €22,940 | €9,269 | -€13,671 | -59.6% |
| Financial income | 75/76B | €73 | €10 | -€63 | -86.3% |
| Recurring financial income | 75 | €73 | €10 | -€63 | -86.3% |
| Financial charges | 65/66B | €1,902 | €2,167 | +€265 | +13.9% |
| Recurring financial charges | 65 | €1,902 | €2,167 | +€265 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €21,111 | €7,112 | -€13,999 | -66.3% |
| Income taxes | 67/77 | €6,757 | €3,704 | -€3,053 | -45.2% |
| Profit (loss) for the period | 9904 | €14,354 | €3,408 | -€10,946 | -76.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,354 | €3,408 | -€10,946 | -76.3% |
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 26 October 2026 via checked.be.