OFTAHILS: 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.
OFTAHILS
Largest movements
- Current investments +€165,211
up €165,211 (+32.0%), from €515,707 to €680,918
- Cash -€49,333
down €49,333 (-19.5%), from €252,548 to €203,215
mainly Current investments (-€165,211) and Investment in fixed assets (net) (-€30,021)
- Stocks and contracts -€38,500
down €38,500 (-66.2%), from €58,150 to €19,650
- Reserves +€61,135
up €61,135 (+15.2%), from €402,141 to €463,276
- Trade debts +€33,613
up €33,613 (+27.3%), from €123,326 to €156,940
- Debts after one year -€20,389
down €20,389 (-6.9%), from €296,438 to €276,049
- Gross operating margin +€28,762
up €28,762 (+23.1%), from €124,631 to €153,394
- Taxes +€13,350
up €13,350 (+52.4%), from €25,453 to €38,803
- Depreciation +€3,465
up €3,465 (+13.0%), from €26,628 to €30,093
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 | €1,520,521 | €1,607,675 | +€87,155 | +5.7% |
| Fixed assets | 21/28 | €514,328 | €514,257 | -€72 | 0.0% |
| Tangible fixed assets | 22/27 | €514,328 | €514,257 | -€72 | 0.0% |
| Land and buildings | 22 | €472,738 | €463,821 | -€8,917 | -1.9% |
| Furniture and vehicles | 24 | €41,590 | €50,435 | +€8,845 | +21.3% |
| Current assets | 29/58 | €1,006,192 | €1,093,419 | +€87,227 | +8.7% |
| Stocks and contracts in progress | 3 | €58,150 | €19,650 | -€38,500 | -66.2% |
| Stocks | 30/36 | €58,150 | €19,650 | -€38,500 | -66.2% |
| Amounts receivable within one year | 40/41 | €178,723 | €188,196 | +€9,474 | +5.3% |
| Trade receivables | 40 | €178,723 | €186,522 | +€7,799 | +4.4% |
| Other amounts receivable | 41 | - | €1,674 | +€1,674 | |
| Current investments | 50/53 | €515,707 | €680,918 | +€165,211 | +32.0% |
| Cash at bank and in hand | 54/58 | €252,548 | €203,215 | -€49,333 | -19.5% |
| Deferred charges and accrued income | 490/1 | €1,065 | €1,440 | +€375 | +35.2% |
| Total equity and liabilities | 10/49 | €1,520,521 | €1,607,675 | +€87,155 | +5.7% |
| Equity | 10/15 | €429,822 | €490,956 | +€61,135 | +14.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €402,141 | €463,276 | +€61,135 | +15.2% |
| Distributable reserves | 133 | €402,141 | €463,276 | +€61,135 | +15.2% |
| Profit (loss) carried forward | 14 | €9,130 | €9,130 | -€0 | 0.0% |
| Amounts payable | 17/49 | €1,090,699 | €1,116,719 | +€26,020 | +2.4% |
| Amounts payable after more than one year | 17 | €296,438 | €276,049 | -€20,389 | -6.9% |
| Financial debts | 170/4 | €296,438 | €276,049 | -€20,389 | -6.9% |
| Amounts payable within one year | 42/48 | €794,261 | €840,671 | +€46,409 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €175,258 | €175,389 | +€131 | +0.1% |
| Trade debts | 44 | €123,326 | €156,940 | +€33,613 | +27.3% |
| Suppliers | 440/4 | €123,326 | €156,940 | +€33,613 | +27.3% |
| Taxes, remuneration and social security | 45 | €43,497 | €56,821 | +€13,324 | +30.6% |
| Taxes | 450/3 | €43,497 | €56,821 | +€13,324 | +30.6% |
| Other amounts payable | 47/48 | €452,180 | €451,521 | -€659 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,628 | €30,093 | +€3,465 | +13.0% |
| Other operating charges | 640/8 | €4,159 | €3,356 | -€803 | -19.3% |
| Non-recurring operating charges | 66A | €676 | - | -€676 | |
| Gross operating margin | 9900 | €124,631 | €153,394 | +€28,762 | +23.1% |
| Operating profit (loss) | 9901 | €93,168 | €119,945 | +€26,777 | +28.7% |
| Financial income | 75/76B | €1,657 | €1,474 | -€182 | -11.0% |
| Recurring financial income | 75 | €1,657 | €1,474 | -€182 | -11.0% |
| Financial charges | 65/66B | €21,836 | €21,482 | -€353 | -1.6% |
| Recurring financial charges | 65 | €21,836 | €21,482 | -€353 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €72,989 | €99,937 | +€26,948 | +36.9% |
| Income taxes | 67/77 | €25,453 | €38,803 | +€13,350 | +52.4% |
| Profit (loss) for the period | 9904 | €47,536 | €61,135 | +€13,598 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,536 | €61,135 | +€13,598 | +28.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.