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
- Cash +€63,622
up €63,622 (+38.1%), from €167,177 to €230,799
mainly Net result for the year (+€101,813) and Depreciation (+€16,902)
- Current investments +€25,196
up €25,196 (+13.3%), from €189,623 to €214,819
- Receivables within one year -€16,329
down €16,329 (-32.4%), from €50,425 to €34,096
of which Trade receivables: -€14,206
- Tangible fixed assets -€14,689
down €14,689 (-7.3%), from €201,815 to €187,126
of which Furniture and vehicles: -€8,392
- Reserves +€101,813
up €101,813 (+82.1%), from €124,005 to €225,818
of which Distributable reserves: +€101,813
- Tax, wage and social debts -€35,628
down €35,628 (-57.7%), from €61,752 to €26,125
of which Taxes: -€35,628
- Current portion of long-term debt -€12,000
down €12,000 (-72.7%), from €16,500 to €4,500
- Other debts +€8,180
up €8,180 (+2.2%), from €371,913 to €380,093
- Gross operating margin -€53,030
down €53,030 (-23.6%), from €224,677 to €171,647
- Other operating charges -€16,553
down €16,553 (-52.1%), from €31,776 to €15,223
- Taxes -€7,537
down €7,537 (-20.2%), from €37,331 to €29,795
- Financial charges -€3,631
down €3,631 (-24.4%), from €14,896 to €11,265
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 | €609,129 | €667,459 | +€58,329 | +9.6% |
| Fixed assets | 21/28 | €201,815 | €187,126 | -€14,689 | -7.3% |
| Tangible fixed assets | 22/27 | €201,815 | €187,126 | -€14,689 | -7.3% |
| Land and buildings | 22 | €163,759 | €159,647 | -€4,112 | -2.5% |
| Furniture and vehicles | 24 | €34,896 | €26,505 | -€8,392 | -24.0% |
| Other tangible fixed assets | 26 | €3,160 | €974 | -€2,186 | -69.2% |
| Current assets | 29/58 | €407,314 | €480,333 | +€73,019 | +17.9% |
| Amounts receivable within one year | 40/41 | €50,425 | €34,096 | -€16,329 | -32.4% |
| Trade receivables | 40 | €47,286 | €33,080 | -€14,206 | -30.0% |
| Other amounts receivable | 41 | €3,139 | €1,016 | -€2,123 | -67.6% |
| Current investments | 50/53 | €189,623 | €214,819 | +€25,196 | +13.3% |
| Cash at bank and in hand | 54/58 | €167,177 | €230,799 | +€63,622 | +38.1% |
| Deferred charges and accrued income | 490/1 | €89 | €619 | +€530 | +596% |
| Total equity and liabilities | 10/49 | €609,129 | €667,459 | +€58,329 | +9.6% |
| Equity | 10/15 | €142,555 | €244,368 | +€101,813 | +71.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €124,005 | €225,818 | +€101,813 | +82.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €124,005 | €225,818 | +€101,813 | +82.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €466,574 | €423,090 | -€43,484 | -9.3% |
| Amounts payable after more than one year | 17 | €4,500 | €0 | -€4,500 | -100% |
| Financial debts | 170/4 | €4,500 | €0 | -€4,500 | -100% |
| Amounts payable within one year | 42/48 | €451,931 | €412,892 | -€39,039 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €16,500 | €4,500 | -€12,000 | -72.7% |
| Trade debts | 44 | €1,765 | €2,174 | +€409 | +23.1% |
| Suppliers | 440/4 | €1,765 | €2,174 | +€409 | +23.1% |
| Taxes, remuneration and social security | 45 | €61,752 | €26,125 | -€35,628 | -57.7% |
| Taxes | 450/3 | €59,677 | €24,050 | -€35,628 | -59.7% |
| Remuneration and social security | 454/9 | €2,075 | €2,075 | = | 0.0% |
| Other amounts payable | 47/48 | €371,913 | €380,093 | +€8,180 | +2.2% |
| Accrued charges and deferred income | 492/3 | €10,144 | €10,199 | +€55 | +0.5% |
| Non-recurring operating income | 76A | €1,983 | €1,357 | -€626 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,493 | €16,902 | +€1,409 | +9.1% |
| Other operating charges | 640/8 | €31,776 | €15,223 | -€16,553 | -52.1% |
| Gross operating margin | 9900 | €224,677 | €171,647 | -€53,030 | -23.6% |
| Operating profit (loss) | 9901 | €177,408 | €139,522 | -€37,886 | -21.4% |
| Financial income | 75/76B | €1,985 | €3,350 | +€1,365 | +68.8% |
| Recurring financial income | 75 | €1,985 | €3,350 | +€1,365 | +68.8% |
| Financial charges | 65/66B | €14,896 | €11,265 | -€3,631 | -24.4% |
| Recurring financial charges | 65 | €14,896 | €11,265 | -€3,631 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €164,498 | €131,608 | -€32,890 | -20.0% |
| Income taxes | 67/77 | €37,331 | €29,795 | -€7,537 | -20.2% |
| Profit (loss) for the period | 9904 | €127,166 | €101,813 | -€25,353 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €127,166 | €101,813 | -€25,353 | -19.9% |
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 1 November 2026 via checked.be.