OQTOPUS: 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.
OQTOPUS
Largest movements
- Stocks and contracts +€14,781
up €14,781 (+46.1%), from €32,039 to €46,820
- Cash +€3,659
up €3,659 (+6.2%), from €58,660 to €62,319
mainly Net result for the year (+€33,789) and Trade debts (+€3,737)
- Tangible fixed assets -€2,041
down €2,041 (-15.9%), from €12,857 to €10,816
- Profit (loss) carried forward +€26,889
up €26,889 (+113%), from €23,806 to €50,695
- Current portion of long-term debt -€8,029
down €8,029 (-67.7%), from €11,860 to €3,831
- Other debts -€6,946
down €6,946 (-33.4%), from €20,804 to €13,858
- Debts after one year -€4,262
no longer reported in 2024 (was €4,262)
- Trade debts +€3,737
up €3,737 (+91.0%), from €4,108 to €7,845
- Gross operating margin +€15,164
up €15,164 (+39.6%), from €38,277 to €53,441
- Taxes +€12,998
up €12,998 (+1,300%), from €1,000 to €13,998
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,530 | €127,356 | +€16,826 | +15.2% |
| Fixed assets | 21/28 | €19,782 | €17,741 | -€2,041 | -10.3% |
| Tangible fixed assets | 22/27 | €12,857 | €10,816 | -€2,041 | -15.9% |
| Other tangible fixed assets | 26 | €12,857 | €10,816 | -€2,041 | -15.9% |
| Financial fixed assets | 28 | €6,925 | €6,925 | = | 0.0% |
| Current assets | 29/58 | €90,748 | €109,615 | +€18,867 | +20.8% |
| Stocks and contracts in progress | 3 | €32,039 | €46,820 | +€14,781 | +46.1% |
| Stocks | 30/36 | €32,039 | €46,820 | +€14,781 | +46.1% |
| Amounts receivable within one year | 40/41 | €49 | €476 | +€427 | +871% |
| Trade receivables | 40 | €49 | €476 | +€427 | +871% |
| Cash at bank and in hand | 54/58 | €58,660 | €62,319 | +€3,659 | +6.2% |
| Total equity and liabilities | 10/49 | €110,530 | €127,356 | +€16,826 | +15.2% |
| Equity | 10/15 | €50,766 | €77,655 | +€26,889 | +53.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,806 | €50,695 | +€26,889 | +113% |
| Amounts payable | 17/49 | €59,764 | €49,701 | -€10,063 | -16.8% |
| Amounts payable after more than one year | 17 | €4,262 | - | -€4,262 | |
| Financial debts | 170/4 | €4,262 | - | -€4,262 | |
| Amounts payable within one year | 42/48 | €55,502 | €46,581 | -€8,921 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €11,860 | €3,831 | -€8,029 | -67.7% |
| Trade debts | 44 | €4,108 | €7,845 | +€3,737 | +91.0% |
| Suppliers | 440/4 | €4,108 | €7,845 | +€3,737 | +91.0% |
| Taxes, remuneration and social security | 45 | €18,730 | €21,047 | +€2,317 | +12.4% |
| Taxes | 450/3 | €17,390 | €19,547 | +€2,157 | +12.4% |
| Remuneration and social security | 454/9 | €1,340 | €1,500 | +€160 | +11.9% |
| Other amounts payable | 47/48 | €20,804 | €13,858 | -€6,946 | -33.4% |
| Accrued charges and deferred income | 492/3 | - | €3,120 | +€3,120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,507 | €2,042 | -€465 | -18.5% |
| Other operating charges | 640/8 | €826 | €902 | +€76 | +9.2% |
| Gross operating margin | 9900 | €38,277 | €53,441 | +€15,164 | +39.6% |
| Operating profit (loss) | 9901 | €34,944 | €50,497 | +€15,553 | +44.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,441 | €2,710 | +€269 | +11.0% |
| Recurring financial charges | 65 | €2,441 | €2,710 | +€269 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €32,504 | €47,787 | +€15,283 | +47.0% |
| Income taxes | 67/77 | €1,000 | €13,998 | +€12,998 | +1,300% |
| Profit (loss) for the period | 9904 | €31,504 | €33,789 | +€2,285 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,504 | €33,789 | +€2,285 | +7.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.