OTCS: 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.
OTCS
Largest movements
- Cash -€73,134
down €73,134 (-99.9%), from €73,239 to €105
mainly Debts after one year (-€51,483) and Net result for the year (-€34,454)
- Tangible fixed assets -€17,963
down €17,963 (-18.9%), from €95,111 to €77,149
of which Furniture and vehicles: -€19,640
- Receivables within one year -€7,277
down €7,277 (-71.2%), from €10,218 to €2,941
of which Trade receivables: -€8,338
- Debts after one year -€51,483
down €51,483 (-54.9%), from €93,775 to €42,292
- Profit (loss) carried forward -€34,454
down €34,454, from €26,348 to -€8,106
- Tax, wage and social debts -€8,023
down €8,023 (-100%), from €8,023 to €0
- Short-term financial debts -€4,491
down €4,491 (-30.6%), from €14,673 to €10,182
of which Credit institutions: -€4,842
- Trade debts +€2,478
up €2,478 (+57.8%), from €4,287 to €6,766
- Gross operating margin -€37,089
down €37,089, from €32,348 to -€4,741
- Depreciation +€4,176
up €4,176 (+22.5%), from €18,599 to €22,775
- Financial charges +€1,572
up €1,572 (+33.6%), from €4,681 to €6,253
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 | €180,056 | €81,710 | -€98,346 | -54.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €95,611 | €77,649 | -€17,963 | -18.8% |
| Tangible fixed assets | 22/27 | €95,111 | €77,149 | -€17,963 | -18.9% |
| Plant, machinery and equipment | 23 | €6,099 | €6,559 | +€461 | +7.6% |
| Furniture and vehicles | 24 | €87,868 | €68,228 | -€19,640 | -22.4% |
| Other tangible fixed assets | 26 | €1,144 | €2,361 | +€1,217 | +106% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €84,445 | €4,062 | -€80,383 | -95.2% |
| Amounts receivable within one year | 40/41 | €10,218 | €2,941 | -€7,277 | -71.2% |
| Trade receivables | 40 | €10,218 | €1,880 | -€8,338 | -81.6% |
| Other amounts receivable | 41 | - | €1,062 | +€1,062 | |
| Cash at bank and in hand | 54/58 | €73,239 | €105 | -€73,134 | -99.9% |
| Deferred charges and accrued income | 490/1 | €988 | €1,016 | +€28 | +2.8% |
| Total equity and liabilities | 10/49 | €180,056 | €81,710 | -€98,346 | -54.6% |
| Equity | 10/15 | €49,597 | €15,143 | -€34,454 | -69.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,249 | €3,249 | = | 0.0% |
| Distributable reserves | 133 | €3,249 | €3,249 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,348 | -€8,106 | -€34,454 | |
| Amounts payable | 17/49 | €130,459 | €66,567 | -€63,892 | -49.0% |
| Amounts payable after more than one year | 17 | €93,775 | €42,292 | -€51,483 | -54.9% |
| Financial debts | 170/4 | €93,775 | €42,292 | -€51,483 | -54.9% |
| Amounts payable within one year | 42/48 | €36,684 | €24,275 | -€12,409 | -33.8% |
| Financial debts | 43 | €14,673 | €10,182 | -€4,491 | -30.6% |
| Credit institutions | 430/8 | €7,061 | €2,219 | -€4,842 | -68.6% |
| Other loans | 439 | €7,612 | €7,963 | +€351 | +4.6% |
| Trade debts | 44 | €4,287 | €6,766 | +€2,478 | +57.8% |
| Suppliers | 440/4 | €4,287 | €6,766 | +€2,478 | +57.8% |
| Taxes, remuneration and social security | 45 | €8,023 | €0 | -€8,023 | -100% |
| Taxes | 450/3 | €8,023 | €0 | -€8,023 | -100% |
| Other amounts payable | 47/48 | €9,701 | €7,328 | -€2,373 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,599 | €22,775 | +€4,176 | +22.5% |
| Other operating charges | 640/8 | €505 | €722 | +€217 | +43.0% |
| Non-recurring operating charges | 66A | €14,847 | - | -€14,847 | |
| Gross operating margin | 9900 | €32,348 | -€4,741 | -€37,089 | |
| Operating profit (loss) | 9901 | -€1,603 | -€28,238 | -€26,636 | -1,662% |
| Financial income | 75/76B | €1 | €37 | +€36 | +3,731% |
| Recurring financial income | 75 | €1 | €37 | +€36 | +3,731% |
| Financial charges | 65/66B | €4,681 | €6,253 | +€1,572 | +33.6% |
| Recurring financial charges | 65 | €4,681 | €6,253 | +€1,572 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,282 | -€34,454 | -€28,172 | -448% |
| Profit (loss) for the period | 9904 | -€6,282 | -€34,454 | -€28,172 | -448% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,282 | -€34,454 | -€28,172 | -448% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.