Otentik: 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.
Otentik
Largest movements
- Tangible fixed assets -€20,480
down €20,480 (-7.2%), from €283,747 to €263,267
of which Land and buildings: -€15,158
- Cash +€7,454
up €7,454 (+38.1%), from €19,585 to €27,038
mainly Depreciation (+€20,760) and Trade debts (+€3,755)
- Profit (loss) carried forward -€9,764
down €9,764 (-34.0%), from -€28,747 to -€38,511
- Debts after one year -€9,286
down €9,286 (-5.2%), from €177,500 to €168,215
- Trade debts +€3,755
up €3,755 (+76.0%), from €4,942 to €8,697
- Gross operating margin +€4,782
up €4,782 (+39.7%), from €12,051 to €16,833
- Depreciation -€512
down €512 (-2.4%), from €21,272 to €20,760
- Other operating charges +€235
up €235 (+12.9%), from €1,821 to €2,055
- Financial charges -€180
down €180 (-4.5%), from €3,961 to €3,782
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 | €305,527 | €292,674 | -€12,853 | -4.2% |
| Fixed assets | 21/28 | €284,389 | €263,629 | -€20,760 | -7.3% |
| Intangible fixed assets | 21 | €642 | €362 | -€280 | -43.6% |
| Tangible fixed assets | 22/27 | €283,747 | €263,267 | -€20,480 | -7.2% |
| Land and buildings | 22 | €256,289 | €241,131 | -€15,158 | -5.9% |
| Plant, machinery and equipment | 23 | €26,794 | €21,757 | -€5,037 | -18.8% |
| Furniture and vehicles | 24 | €663 | €378 | -€285 | -43.0% |
| Current assets | 29/58 | €21,138 | €29,045 | +€7,907 | +37.4% |
| Stocks and contracts in progress | 3 | €283 | €305 | +€22 | +7.8% |
| Stocks | 30/36 | €283 | €305 | +€22 | +7.8% |
| Amounts receivable within one year | 40/41 | €599 | €931 | +€332 | +55.5% |
| Trade receivables | 40 | €576 | €902 | +€325 | +56.5% |
| Other amounts receivable | 41 | €22 | €29 | +€7 | +31.3% |
| Cash at bank and in hand | 54/58 | €19,585 | €27,038 | +€7,454 | +38.1% |
| Deferred charges and accrued income | 490/1 | €673 | €771 | +€99 | +14.7% |
| Total equity and liabilities | 10/49 | €305,527 | €292,674 | -€12,853 | -4.2% |
| Equity | 10/15 | €51,253 | €41,489 | -€9,764 | -19.1% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,747 | -€38,511 | -€9,764 | -34.0% |
| Amounts payable | 17/49 | €254,274 | €251,185 | -€3,089 | -1.2% |
| Amounts payable after more than one year | 17 | €177,500 | €168,215 | -€9,286 | -5.2% |
| Financial debts | 170/4 | €177,500 | €168,215 | -€9,286 | -5.2% |
| Amounts payable within one year | 42/48 | €76,692 | €82,822 | +€6,130 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €9,102 | €9,286 | +€183 | +2.0% |
| Trade debts | 44 | €4,942 | €8,697 | +€3,755 | +76.0% |
| Suppliers | 440/4 | €4,942 | €8,697 | +€3,755 | +76.0% |
| Advances received on contracts in progress | 46 | €2,390 | €3,585 | +€1,195 | +50.0% |
| Taxes, remuneration and social security | 45 | €245 | €896 | +€651 | +266.3% |
| Taxes | 450/3 | €245 | €896 | +€651 | +266.3% |
| Other amounts payable | 47/48 | €60,013 | €60,359 | +€345 | +0.6% |
| Accrued charges and deferred income | 492/3 | €81 | €148 | +€67 | +82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,272 | €20,760 | -€512 | -2.4% |
| Other operating charges | 640/8 | €1,821 | €2,055 | +€235 | +12.9% |
| Gross operating margin | 9900 | €12,051 | €16,833 | +€4,782 | +39.7% |
| Operating profit (loss) | 9901 | -€11,041 | -€5,982 | +€5,059 | +45.8% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €3,961 | €3,782 | -€180 | -4.5% |
| Recurring financial charges | 65 | €3,961 | €3,782 | -€180 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,982 | -€9,764 | +€5,219 | +34.8% |
| Profit (loss) for the period | 9904 | -€14,982 | -€9,764 | +€5,219 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,982 | -€9,764 | +€5,219 | +34.8% |
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 9 October 2026 via checked.be.