OTAG Consult: 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.
OTAG Consult
Largest movements
- Cash +€23,615
up €23,615 (+34.3%), from €68,800 to €92,416
mainly Net result for the year (+€43,086) and Tax, wage and social debts (+€9,394)
- Tangible fixed assets +€21,949
up €21,949 (+165%), from €13,291 to €35,240
of which Furniture and vehicles: +€23,938
- Receivables within one year +€3,742
up €3,742 (+24.1%), from €15,555 to €19,297
of which Trade receivables: +€4,749
- Reserves +€43,086
up €43,086 (+62.5%), from €68,902 to €111,988
- Tax, wage and social debts +€9,394
up €9,394 (+128%), from €7,351 to €16,745
- Other debts -€1,822
down €1,822 (-13.2%), from €13,807 to €11,985
- Gross operating margin -€25,452
down €25,452 (-25.7%), from €98,876 to €73,423
- Depreciation +€5,614
up €5,614 (+258%), from €2,173 to €7,787
- Financial charges -€3,058
down €3,058 (-42.8%), from €7,147 to €4,089
- Taxes -€1,153
down €1,153 (-5.9%), from €19,430 to €18,277
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 | €98,046 | €148,598 | +€50,552 | +51.6% |
| Fixed assets | 21/28 | €13,291 | €35,240 | +€21,949 | +165% |
| Tangible fixed assets | 22/27 | €13,291 | €35,240 | +€21,949 | +165% |
| Land and buildings | 22 | €7,191 | €6,373 | -€818 | -11.4% |
| Plant, machinery and equipment | 23 | €5,147 | €3,976 | -€1,171 | -22.7% |
| Furniture and vehicles | 24 | €952 | €24,890 | +€23,938 | +2,513% |
| Current assets | 29/58 | €84,755 | €113,358 | +€28,603 | +33.7% |
| Amounts receivable within one year | 40/41 | €15,555 | €19,297 | +€3,742 | +24.1% |
| Trade receivables | 40 | €14,548 | €19,297 | +€4,749 | +32.6% |
| Other amounts receivable | 41 | €1,007 | €0 | -€1,007 | -100% |
| Cash at bank and in hand | 54/58 | €68,800 | €92,416 | +€23,615 | +34.3% |
| Deferred charges and accrued income | 490/1 | €400 | €1,645 | +€1,246 | +312% |
| Total equity and liabilities | 10/49 | €98,046 | €148,598 | +€50,552 | +51.6% |
| Equity | 10/15 | €71,902 | €114,988 | +€43,086 | +59.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €68,902 | €111,988 | +€43,086 | +62.5% |
| Distributable reserves | 133 | €68,902 | €111,988 | +€43,086 | +62.5% |
| Amounts payable | 17/49 | €26,144 | €33,610 | +€7,466 | +28.6% |
| Amounts payable within one year | 42/48 | €26,144 | €33,610 | +€7,466 | +28.6% |
| Trade debts | 44 | €4,986 | €4,880 | -€106 | -2.1% |
| Suppliers | 440/4 | €4,986 | €4,880 | -€106 | -2.1% |
| Taxes, remuneration and social security | 45 | €7,351 | €16,745 | +€9,394 | +128% |
| Taxes | 450/3 | €7,351 | €16,745 | +€9,394 | +128% |
| Other amounts payable | 47/48 | €13,807 | €11,985 | -€1,822 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,173 | €7,787 | +€5,614 | +258% |
| Other operating charges | 640/8 | €1,224 | €302 | -€922 | -75.3% |
| Gross operating margin | 9900 | €98,876 | €73,423 | -€25,452 | -25.7% |
| Operating profit (loss) | 9901 | €95,479 | €65,334 | -€30,145 | -31.6% |
| Financial income | 75/76B | - | €117 | +€117 | |
| Recurring financial income | 75 | - | €117 | +€117 | |
| Financial charges | 65/66B | €7,147 | €4,089 | -€3,058 | -42.8% |
| Recurring financial charges | 65 | €7,147 | €4,089 | -€3,058 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €88,332 | €61,363 | -€26,969 | -30.5% |
| Income taxes | 67/77 | €19,430 | €18,277 | -€1,153 | -5.9% |
| Profit (loss) for the period | 9904 | €68,902 | €43,086 | -€25,816 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,902 | €43,086 | -€25,816 | -37.5% |
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 15 October 2026 via checked.be.