OTABAT: 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.
OTABAT
Largest movements
- Receivables within one year -€25,696
down €25,696 (-27.9%), from €92,160 to €66,465
of which Trade receivables: -€30,274
- Cash +€9,059
up €9,059 (+42.2%), from €21,450 to €30,510
mainly Receivables within one year (+€25,696) and Net result for the year (+€5,066)
- Tangible fixed assets +€7,891
up €7,891 (+379.4%), from €2,080 to €9,971
of which Furniture and vehicles: +€7,788
- Trade debts -€8,251
down €8,251 (-16.9%), from €48,753 to €40,502
- Tax, wage and social debts -€7,692
down €7,692 (-30.4%), from €25,336 to €17,644
of which Taxes: -€4,224
- Profit (loss) carried forward +€5,066
up €5,066 (+12.4%), from €40,844 to €45,910
- Staff costs +€5,041
up €5,041 (+6.4%), from €78,754 to €83,795
- Gross operating margin +€2,110
up €2,110 (+2.2%), from €94,161 to €96,271
- Depreciation +€1,171
up €1,171 (+125.6%), from €932 to €2,103
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.
Cash bridge derived
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 | €118,932 | €109,003 | -€9,929 | -8.3% |
| Fixed assets | 21/28 | €2,411 | €10,303 | +€7,891 | +327.2% |
| Tangible fixed assets | 22/27 | €2,080 | €9,971 | +€7,891 | +379.4% |
| Plant, machinery and equipment | 23 | €505 | €608 | +€103 | +20.4% |
| Furniture and vehicles | 24 | €1,575 | €9,363 | +€7,788 | +494.5% |
| Financial fixed assets | 28 | €331 | €331 | = | 0.0% |
| Current assets | 29/58 | €116,521 | €98,700 | -€17,821 | -15.3% |
| Amounts receivable within one year | 40/41 | €92,160 | €66,465 | -€25,696 | -27.9% |
| Trade receivables | 40 | €80,246 | €49,972 | -€30,274 | -37.7% |
| Other amounts receivable | 41 | €11,914 | €16,493 | +€4,579 | +38.4% |
| Cash at bank and in hand | 54/58 | €21,450 | €30,510 | +€9,059 | +42.2% |
| Deferred charges and accrued income | 490/1 | €2,910 | €1,726 | -€1,185 | -40.7% |
| Total equity and liabilities | 10/49 | €118,932 | €109,003 | -€9,929 | -8.3% |
| Equity | 10/15 | €44,844 | €49,910 | +€5,066 | +11.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,844 | €45,910 | +€5,066 | +12.4% |
| Amounts payable | 17/49 | €74,089 | €59,093 | -€14,995 | -20.2% |
| Amounts payable within one year | 42/48 | €74,089 | €59,093 | -€14,995 | -20.2% |
| Trade debts | 44 | €48,753 | €40,502 | -€8,251 | -16.9% |
| Suppliers | 440/4 | €48,753 | €40,502 | -€8,251 | -16.9% |
| Taxes, remuneration and social security | 45 | €25,336 | €17,644 | -€7,692 | -30.4% |
| Taxes | 450/3 | €9,785 | €5,561 | -€4,224 | -43.2% |
| Remuneration and social security | 454/9 | €15,551 | €12,083 | -€3,468 | -22.3% |
| Other amounts payable | 47/48 | - | €948 | +€948 | |
| Remuneration, social security and pensions | 62 | €78,754 | €83,795 | +€5,041 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €932 | €2,103 | +€1,171 | +125.6% |
| Other operating charges | 640/8 | €1,782 | €2,600 | +€818 | +45.9% |
| Gross operating margin | 9900 | €94,161 | €96,271 | +€2,110 | +2.2% |
| Operating profit (loss) | 9901 | €12,692 | €7,772 | -€4,919 | -38.8% |
| Financial income | 75/76B | €49 | €0 | -€49 | -100.0% |
| Recurring financial income | 75 | €49 | €0 | -€49 | -100.0% |
| Financial charges | 65/66B | €190 | €185 | -€4 | -2.3% |
| Recurring financial charges | 65 | €190 | €185 | -€4 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €12,552 | €7,587 | -€4,965 | -39.6% |
| Income taxes | 67/77 | €3,139 | €2,521 | -€618 | -19.7% |
| Profit (loss) for the period | 9904 | €9,412 | €5,066 | -€4,346 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,412 | €5,066 | -€4,346 | -46.2% |
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 11 October 2026 via checked.be.