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OTANAS: 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

OTANAS

BE 0805.974.483
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,690
2024 · -€9,019+€5,328
Equity
€39,791
2024 · €43,481-€3,690
Cash
€6
2024 · €72-€66
Balance sheet total
€68,423
2024 · €71,173-€2,750

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€2,684

    down €2,684 (-3.8%), from €71,101 to €68,417

Equity and liabilities
  • Other debts +€28,632

    new in 2025: €28,632

  • Trade debts -€27,692

    no longer reported in 2025 (was €27,692)

  • Profit (loss) carried forward -€3,690

    down €3,690 (-40.9%), from -€9,019 to -€12,709

Income statement
  • Gross operating margin +€5,330

    up €5,330, from -€5,264 to €66

  • Depreciation -€763

    down €763 (-22.1%), from €3,446 to €2,684

  • Other operating charges +€423

    up €423 (+70.0%), from €604 to €1,027

  • Financial income -€300

    no longer reported in 2025 (was €300)

From the 2024 result to the 2025 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 2024 -€9,019
Gross operating margin +€5,330
Depreciation +€763
Other operating charges -€423
Financial income -€300
Financial charges -€41
Result 2025 -€3,690

Cash bridge derived

cash 2024 to 2025

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.

From operations -€66
Investment €0
Financing €0
Cash 2024 €72
Net result for the year -€3,690
Depreciation +€2,684
Trade debts -€27,692
Other debts +€28,632
Cash 2025 €6
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €71,173 €68,423 -€2,750 -3.9%
Fixed assets 21/28 €71,101 €68,417 -€2,684 -3.8%
Tangible fixed assets 22/27 €71,101 €68,417 -€2,684 -3.8%
Land and buildings 22 €71,101 €68,417 -€2,684 -3.8%
Current assets 29/58 €72 €6 -€66 -91.2%
Cash at bank and in hand 54/58 €72 €6 -€66 -91.2%
Total equity and liabilities 10/49 €71,173 €68,423 -€2,750 -3.9%
Equity 10/15 €43,481 €39,791 -€3,690 -8.5%
Contributions 10/11 €52,500 €52,500 = 0.0%
Profit (loss) carried forward 14 -€9,019 -€12,709 -€3,690 -40.9%
Amounts payable 17/49 €27,692 €28,632 +€941 +3.4%
Amounts payable within one year 42/48 €27,692 €28,632 +€941 +3.4%
Trade debts 44 €27,692 - -€27,692
Suppliers 440/4 €27,692 - -€27,692
Other amounts payable 47/48 - €28,632 +€28,632
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,446 €2,684 -€763 -22.1%
Other operating charges 640/8 €604 €1,027 +€423 +70.0%
Gross operating margin 9900 -€5,264 €66 +€5,330
Operating profit (loss) 9901 -€9,315 -€3,645 +€5,670 +60.9%
Financial income 75/76B €300 - -€300
Recurring financial income 75 €300 - -€300
Financial charges 65/66B €4 €45 +€41 +1136.3%
Recurring financial charges 65 €4 €45 +€41 +1136.3%
Profit (loss) for the period before taxes 9903 -€9,019 -€3,690 +€5,328 +59.1%
Profit (loss) for the period 9904 -€9,019 -€3,690 +€5,328 +59.1%
Profit (loss) for the period to be appropriated 9905 -€9,019 -€3,690 +€5,328 +59.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.