OT: 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.
OT
Largest movements
- Cash +€11,464
up €11,464 (+22.0%), from €52,132 to €63,595
mainly Net result for the year (+€25,286) and Other debts (+€19,004)
- Deferred charges and accrued income +€8,002
up €8,002 (+13,127%), from €61 to €8,063
- Receivables within one year -€1,626
down €1,626 (-4.7%), from €34,489 to €32,864
of which Other amounts receivable: -€4,348
- Other debts +€19,004
up €19,004 (+55.0%), from €34,543 to €53,546
- Reserves -€8,411
down €8,411 (-18.3%), from €45,857 to €37,446
- Tax, wage and social debts +€7,507
up €7,507 (+145%), from €5,186 to €12,693
of which Taxes: +€7,427
- Gross operating margin +€4,915
up €4,915 (+16.7%), from €29,509 to €34,424
- Taxes +€1,545
up €1,545 (+27.3%), from €5,652 to €7,197
- Depreciation -€894
down €894 (-54.2%), from €1,649 to €755
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 | €87,437 | €104,522 | +€17,085 | +19.5% |
| Fixed assets | 21/28 | €755 | - | -€755 | |
| Tangible fixed assets | 22/27 | €755 | - | -€755 | |
| Plant, machinery and equipment | 23 | €755 | - | -€755 | |
| Current assets | 29/58 | €86,682 | €104,522 | +€17,840 | +20.6% |
| Amounts receivable within one year | 40/41 | €34,489 | €32,864 | -€1,626 | -4.7% |
| Trade receivables | 40 | €30,141 | €32,864 | +€2,723 | +9.0% |
| Other amounts receivable | 41 | €4,348 | - | -€4,348 | |
| Cash at bank and in hand | 54/58 | €52,132 | €63,595 | +€11,464 | +22.0% |
| Deferred charges and accrued income | 490/1 | €61 | €8,063 | +€8,002 | +13,127% |
| Total equity and liabilities | 10/49 | €87,437 | €104,522 | +€17,085 | +19.5% |
| Equity | 10/15 | €45,857 | €37,446 | -€8,411 | -18.3% |
| Reserves | 13 | €45,857 | €37,446 | -€8,411 | -18.3% |
| Distributable reserves | 133 | €45,857 | €37,446 | -€8,411 | -18.3% |
| Amounts payable | 17/49 | €41,581 | €67,077 | +€25,496 | +61.3% |
| Amounts payable within one year | 42/48 | €41,581 | €67,077 | +€25,496 | +61.3% |
| Trade debts | 44 | €1,851 | €837 | -€1,014 | -54.8% |
| Suppliers | 440/4 | €1,851 | €837 | -€1,014 | -54.8% |
| Taxes, remuneration and social security | 45 | €5,186 | €12,693 | +€7,507 | +145% |
| Taxes | 450/3 | €2,766 | €10,193 | +€7,427 | +268% |
| Remuneration and social security | 454/9 | €2,420 | €2,500 | +€80 | +3.3% |
| Other amounts payable | 47/48 | €34,543 | €53,546 | +€19,004 | +55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,649 | €755 | -€894 | -54.2% |
| Other operating charges | 640/8 | €998 | €965 | -€32 | -3.2% |
| Gross operating margin | 9900 | €29,509 | €34,424 | +€4,915 | +16.7% |
| Operating profit (loss) | 9901 | €26,862 | €32,704 | +€5,841 | +21.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €63 | €221 | +€157 | +249% |
| Recurring financial charges | 65 | €63 | €221 | +€157 | +249% |
| Profit (loss) for the period before taxes | 9903 | €26,799 | €32,483 | +€5,684 | +21.2% |
| Income taxes | 67/77 | €5,652 | €7,197 | +€1,545 | +27.3% |
| Profit (loss) for the period | 9904 | €21,147 | €25,286 | +€4,139 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,147 | €25,286 | +€4,139 | +19.6% |
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 24 October 2026 via checked.be.