OTB MULTITECHNICS: 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.
OTB MULTITECHNICS
Largest movements
- Cash +€166,750
up €166,750 (+136.6%), from €122,103 to €288,852
mainly Net result for the year (+€146,075) and Tax, wage and social debts (+€88,847)
- Tangible fixed assets -€34,212
down €34,212 (-3.3%), from €1.0m to €1.0m
of which Land and buildings: -€21,327
- Receivables within one year -€28,656
down €28,656 (-5.0%), from €575,441 to €546,784
of which Trade receivables: -€96,701
- Tax, wage and social debts +€88,847
up €88,847 (+60.8%), from €146,214 to €235,061
of which Taxes: +€55,562
- Trade debts -€87,011
down €87,011 (-46.0%), from €189,291 to €102,280
- Profit (loss) carried forward +€86,075
up €86,075 (+21.2%), from €406,637 to €492,712
- Reserves +€60,000
up €60,000 (+25.5%), from €235,637 to €295,637
- Debts after one year -€47,797
down €47,797 (-5.5%), from €864,269 to €816,471
- Gross operating margin +€63,594
up €63,594 (+7.6%), from €840,930 to €904,524
- Staff costs +€20,496
up €20,496 (+3.3%), from €619,139 to €639,634
- Taxes +€10,070
up €10,070 (+20.1%), from €50,183 to €60,252
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 | €1,923,165 | €2,032,963 | +€109,799 | +5.7% |
| Fixed assets | 21/28 | €1,052,172 | €1,017,959 | -€34,212 | -3.3% |
| Tangible fixed assets | 22/27 | €1,048,277 | €1,014,064 | -€34,212 | -3.3% |
| Land and buildings | 22 | €1,027,077 | €1,005,750 | -€21,327 | -2.1% |
| Plant, machinery and equipment | 23 | €2,629 | €3,828 | +€1,199 | +45.6% |
| Furniture and vehicles | 24 | €18,570 | €4,486 | -€14,084 | -75.8% |
| Financial fixed assets | 28 | €3,895 | €3,895 | = | 0.0% |
| Current assets | 29/58 | €870,993 | €1,015,004 | +€144,011 | +16.5% |
| Amounts receivable after more than one year | 29 | €79,156 | €82,856 | +€3,700 | +4.7% |
| Other amounts receivable | 291 | €79,156 | €82,856 | +€3,700 | +4.7% |
| Stocks and contracts in progress | 3 | €35,948 | €34,846 | -€1,102 | -3.1% |
| Stocks | 30/36 | €35,948 | €34,846 | -€1,102 | -3.1% |
| Amounts receivable within one year | 40/41 | €575,441 | €546,784 | -€28,656 | -5.0% |
| Trade receivables | 40 | €491,242 | €394,541 | -€96,701 | -19.7% |
| Other amounts receivable | 41 | €84,199 | €152,243 | +€68,044 | +80.8% |
| Current investments | 50/53 | €50,945 | €51,559 | +€614 | +1.2% |
| Cash at bank and in hand | 54/58 | €122,103 | €288,852 | +€166,750 | +136.6% |
| Deferred charges and accrued income | 490/1 | €7,400 | €10,106 | +€2,705 | +36.6% |
| Total equity and liabilities | 10/49 | €1,923,165 | €2,032,963 | +€109,799 | +5.7% |
| Equity | 10/15 | €662,274 | €808,349 | +€146,075 | +22.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €235,637 | €295,637 | +€60,000 | +25.5% |
| Distributable reserves | 133 | €235,637 | €295,637 | +€60,000 | +25.5% |
| Profit (loss) carried forward | 14 | €406,637 | €492,712 | +€86,075 | +21.2% |
| Amounts payable | 17/49 | €1,260,891 | €1,224,614 | -€36,276 | -2.9% |
| Amounts payable after more than one year | 17 | €864,269 | €816,471 | -€47,797 | -5.5% |
| Financial debts | 170/4 | €864,269 | €816,471 | -€47,797 | -5.5% |
| Amounts payable within one year | 42/48 | €395,397 | €408,143 | +€12,746 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €46,887 | €47,797 | +€910 | +1.9% |
| Financial debts | 43 | €13,005 | €23,005 | +€10,000 | +76.9% |
| Credit institutions | 430/8 | €13,005 | €23,005 | +€10,000 | +76.9% |
| Trade debts | 44 | €189,291 | €102,280 | -€87,011 | -46.0% |
| Suppliers | 440/4 | €189,291 | €102,280 | -€87,011 | -46.0% |
| Taxes, remuneration and social security | 45 | €146,214 | €235,061 | +€88,847 | +60.8% |
| Taxes | 450/3 | €60,380 | €115,942 | +€55,562 | +92.0% |
| Remuneration and social security | 454/9 | €85,835 | €119,119 | +€33,284 | +38.8% |
| Accrued charges and deferred income | 492/3 | €1,225 | - | -€1,225 | |
| Non-recurring operating income | 76A | - | €1,284 | +€1,284 | |
| Remuneration, social security and pensions | 62 | €619,139 | €639,634 | +€20,496 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,391 | €29,262 | -€2,129 | -6.8% |
| Other operating charges | 640/8 | €7,263 | €5,327 | -€1,937 | -26.7% |
| Gross operating margin | 9900 | €840,930 | €904,524 | +€63,594 | +7.6% |
| Operating profit (loss) | 9901 | €183,137 | €230,301 | +€47,164 | +25.8% |
| Financial income | 75/76B | €4,383 | €7,505 | +€3,122 | +71.2% |
| Recurring financial income | 75 | €4,383 | €7,505 | +€3,122 | +71.2% |
| Financial charges | 65/66B | €29,790 | €31,479 | +€1,689 | +5.7% |
| Recurring financial charges | 65 | €29,440 | €31,479 | +€2,039 | +6.9% |
| Non-recurring financial charges | 66B | €350 | - | -€350 | |
| Profit (loss) for the period before taxes | 9903 | €157,730 | €206,327 | +€48,597 | +30.8% |
| Income taxes | 67/77 | €50,183 | €60,252 | +€10,070 | +20.1% |
| Profit (loss) for the period | 9904 | €107,548 | €146,075 | +€38,527 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €107,548 | €146,075 | +€38,527 | +35.8% |
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 7 October 2026 via checked.be.