Otax: 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.
Otax
Largest movements
- Receivables within one year -€21,694
down €21,694 (-58.8%), from €36,926 to €15,232
of which Other amounts receivable: -€23,651
- Cash -€11,539
down €11,539 (-37.9%), from €30,441 to €18,902
mainly Contributions, distributions and other (-€63,455) and Tax, wage and social debts (-€9,948)
- Receivables after one year -€3,500
no longer reported in 2025 (was €3,500)
- Deferred charges and accrued income -€1,643
no longer reported in 2025 (was €1,643)
- Tangible fixed assets +€985
up €985 (+44.6%), from €2,206 to €3,190
- Profit (loss) carried forward -€40,771
no longer reported in 2025 (was €40,771)
- Other debts +€14,392
new in 2025: €14,392
- Tax, wage and social debts -€9,948
down €9,948 (-55.6%), from €17,887 to €7,939
of which Taxes: -€11,948
- Trade debts -€1,468
down €1,468 (-89.3%), from €1,643 to €175
- Gross operating margin -€4,455
down €4,455 (-12.7%), from €35,133 to €30,677
- Depreciation -€722
down €722 (-41.2%), from €1,753 to €1,030
- Taxes -€672
down €672 (-8.5%), from €7,893 to €7,221
- Financial income +€424
up €424 (+51.5%), from €824 to €1,248
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 | €74,716 | €37,324 | -€37,392 | -50.0% |
| Fixed assets | 21/28 | €2,206 | €3,190 | +€985 | +44.6% |
| Tangible fixed assets | 22/27 | €2,206 | €3,190 | +€985 | +44.6% |
| Furniture and vehicles | 24 | €2,206 | €3,190 | +€985 | +44.6% |
| Current assets | 29/58 | €72,511 | €34,134 | -€38,377 | -52.9% |
| Amounts receivable after more than one year | 29 | €3,500 | - | -€3,500 | |
| Other amounts receivable | 291 | €3,500 | - | -€3,500 | |
| Amounts receivable within one year | 40/41 | €36,926 | €15,232 | -€21,694 | -58.8% |
| Trade receivables | 40 | €13,236 | €15,193 | +€1,957 | +14.8% |
| Other amounts receivable | 41 | €23,690 | €39 | -€23,651 | -99.8% |
| Cash at bank and in hand | 54/58 | €30,441 | €18,902 | -€11,539 | -37.9% |
| Deferred charges and accrued income | 490/1 | €1,643 | - | -€1,643 | |
| Total equity and liabilities | 10/49 | €74,716 | €37,324 | -€37,392 | -50.0% |
| Equity | 10/15 | €55,185 | €14,414 | -€40,771 | -73.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €13,414 | €13,414 | = | 0.0% |
| Distributable reserves | 133 | €13,414 | €13,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,771 | - | -€40,771 | |
| Amounts payable | 17/49 | €19,531 | €22,910 | +€3,379 | +17.3% |
| Amounts payable within one year | 42/48 | €19,531 | €22,506 | +€2,975 | +15.2% |
| Trade debts | 44 | €1,643 | €175 | -€1,468 | -89.3% |
| Suppliers | 440/4 | €1,643 | €175 | -€1,468 | -89.3% |
| Taxes, remuneration and social security | 45 | €17,887 | €7,939 | -€9,948 | -55.6% |
| Taxes | 450/3 | €17,887 | €5,939 | -€11,948 | -66.8% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | - | €14,392 | +€14,392 | |
| Accrued charges and deferred income | 492/3 | - | €404 | +€404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,753 | €1,030 | -€722 | -41.2% |
| Other operating charges | 640/8 | €647 | €734 | +€87 | +13.4% |
| Gross operating margin | 9900 | €35,133 | €30,677 | -€4,455 | -12.7% |
| Operating profit (loss) | 9901 | €32,733 | €28,913 | -€3,820 | -11.7% |
| Financial income | 75/76B | €824 | €1,248 | +€424 | +51.5% |
| Recurring financial income | 75 | €824 | €1,248 | +€424 | +51.5% |
| Financial charges | 65/66B | €140 | €256 | +€116 | +82.6% |
| Recurring financial charges | 65 | €140 | €256 | +€116 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | €33,417 | €29,905 | -€3,512 | -10.5% |
| Income taxes | 67/77 | €7,893 | €7,221 | -€672 | -8.5% |
| Profit (loss) for the period | 9904 | €25,523 | €22,684 | -€2,840 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,523 | €22,684 | -€2,840 | -11.1% |
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 2 October 2026 via checked.be.