OTABEL ASSURANCES: 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.
OTABEL ASSURANCES
Largest movements
- Cash -€7,561
down €7,561 (-74.3%), from €10,179 to €2,618
mainly Contributions, distributions and other (-€30,000) and Debts after one year (-€25,000)
- Debts after one year -€25,000
down €25,000 (-14.3%), from €175,000 to €150,000
- Other debts +€11,977
up €11,977 (+20.0%), from €59,756 to €71,733
- Profit (loss) carried forward +€3,358
up €3,358 (+42.9%), from €7,830 to €11,187
- Financial income +€30,146
up €30,146 (+1,310,677%), from €2 to €30,148
- Financial charges +€6,830
up €6,830 (+1,764%), from €387 to €7,217
- Turnover -€5,437
down €5,437 (-17.0%), from €32,050 to €26,613
- Gross operating margin -€3,927
down €3,927 (-26.7%), from €14,681 to €10,754
- Purchases and services -€2,304
down €2,304 (-11.3%), from €20,394 to €18,089
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 | €286,174 | €276,559 | -€9,614 | -3.4% |
| Fixed assets | 21/28 | €232,000 | €232,000 | = | 0.0% |
| Financial fixed assets | 28 | €232,000 | €232,000 | = | 0.0% |
| Current assets | 29/58 | €54,174 | €44,559 | -€9,614 | -17.7% |
| Amounts receivable within one year | 40/41 | €1,522 | €1,751 | +€229 | +15.1% |
| Other amounts receivable | 41 | €1,522 | €1,751 | +€229 | +15.1% |
| Cash at bank and in hand | 54/58 | €10,179 | €2,618 | -€7,561 | -74.3% |
| Deferred charges and accrued income | 490/1 | €42,473 | €40,190 | -€2,283 | -5.4% |
| Total equity and liabilities | 10/49 | €286,174 | €276,559 | -€9,614 | -3.4% |
| Equity | 10/15 | €14,650 | €18,007 | +€3,358 | +22.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,830 | €11,187 | +€3,358 | +42.9% |
| Amounts payable | 17/49 | €271,524 | €258,552 | -€12,972 | -4.8% |
| Amounts payable after more than one year | 17 | €175,000 | €150,000 | -€25,000 | -14.3% |
| Financial debts | 170/4 | €175,000 | €150,000 | -€25,000 | -14.3% |
| Amounts payable within one year | 42/48 | €60,992 | €73,020 | +€12,028 | +19.7% |
| Trade debts | 44 | €1,236 | €1,287 | +€51 | +4.1% |
| Suppliers | 440/4 | €1,236 | €1,287 | +€51 | +4.1% |
| Other amounts payable | 47/48 | €59,756 | €71,733 | +€11,977 | +20.0% |
| Accrued charges and deferred income | 492/3 | €35,532 | €35,532 | = | 0.0% |
| Turnover | 70 | €32,050 | €26,613 | -€5,437 | -17.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,394 | €18,089 | -€2,304 | -11.3% |
| Other operating charges | 640/8 | €555 | €284 | -€272 | -48.9% |
| Gross operating margin | 9900 | €14,681 | €10,754 | -€3,927 | -26.7% |
| Operating profit (loss) | 9901 | €14,126 | €10,471 | -€3,655 | -25.9% |
| Financial income | 75/76B | €2 | €30,148 | +€30,146 | +1,310,677% |
| Recurring financial income | 75 | €2 | €30,148 | +€30,146 | +1,310,677% |
| Financial charges | 65/66B | €387 | €7,217 | +€6,830 | +1,764% |
| Recurring financial charges | 65 | €387 | €7,217 | +€6,830 | +1,764% |
| Profit (loss) for the period before taxes | 9903 | €13,741 | €33,402 | +€19,661 | +143% |
| Income taxes | 67/77 | €0 | €44 | +€44 | +12,574% |
| Profit (loss) for the period | 9904 | €13,741 | €33,358 | +€19,617 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €13,741 | €33,358 | +€19,617 | +143% |
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 25 October 2026 via checked.be.