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OTABEL: what changed

Two fiscal 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.

What changed

OTABEL

BE 0446.426.761
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€37
2023 · -€1,470+€1,433
Equity
€91,408
2023 · €91,445-€37
Cash
€10,447
2023 · €12,224-€1,777
Balance sheet total
€91,408
2023 · €91,808-€400

Largest movements

2023 to 2024
Assets
  • Cash -€1,777

    down €1,777 (-14.5%), from €12,224 to €10,447

    mainly Receivables within one year (-€1,377) and Trade debts (-€363)

  • Receivables within one year +€1,377

    up €1,377 (+5.2%), from €26,522 to €27,899

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin +€1,445

      up €1,445, from -€1,398 to €47

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 -€1,470
    Gross operating margin +€1,445
    Financial charges -€12
    Result 2024 -€37

    Cash bridge derived

    cash 2023 to 2024

    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.

    From operations -€1,777
    Investment €0
    Financing €0
    Cash 2023 €12,224
    Net result for the year -€37
    Receivables within one year -€1,377
    Trade debts -€363
    Cash 2024 €10,447
    Every line side by side 27 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €91,808 €91,408 -€400 -0.4%
    Current assets 29/58 €91,808 €91,408 -€400 -0.4%
    Amounts receivable after more than one year 29 €53,062 €53,062 = 0.0%
    Other amounts receivable 291 €53,062 €53,062 = 0.0%
    Amounts receivable within one year 40/41 €26,522 €27,899 +€1,377 +5.2%
    Other amounts receivable 41 €26,522 €27,899 +€1,377 +5.2%
    Cash at bank and in hand 54/58 €12,224 €10,447 -€1,777 -14.5%
    Total equity and liabilities 10/49 €91,808 €91,408 -€400 -0.4%
    Equity 10/15 €91,445 €91,408 -€37 0.0%
    Contributions 10/11 €62,000 €62,000 = 0.0%
    Capital 10 €62,000 €62,000 = 0.0%
    Issued capital 100 €62,000 €62,000 = 0.0%
    Reserves 13 €3,611 €3,611 = 0.0%
    Non-distributable reserves 130/1 €3,611 €3,611 = 0.0%
    Legal reserve 130 €3,611 €3,611 = 0.0%
    Profit (loss) carried forward 14 €25,834 €25,797 -€37 -0.1%
    Amounts payable 17/49 €363 - -€363
    Amounts payable within one year 42/48 €363 - -€363
    Trade debts 44 €363 - -€363
    Suppliers 440/4 €363 - -€363
    Gross operating margin 9900 -€1,398 €47 +€1,445
    Operating profit (loss) 9901 -€1,398 €47 +€1,445
    Financial charges 65/66B €72 €84 +€12 +16.7%
    Recurring financial charges 65 €72 €84 +€12 +16.7%
    Profit (loss) for the period before taxes 9903 -€1,470 -€37 +€1,433 +97.5%
    Profit (loss) for the period 9904 -€1,470 -€37 +€1,433 +97.5%
    Profit (loss) for the period to be appropriated 9905 -€1,470 -€37 +€1,433 +97.5%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.