ÔTENTIK: 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.
ÔTENTIK
Largest movements
- Cash -€15,179
down €15,179 (-78.8%), from €19,267 to €4,088
mainly Investment in fixed assets (net) (-€20,030) and Net result for the year (-€4,725)
- Tangible fixed assets +€8,425
up €8,425 (+28.2%), from €29,907 to €38,332
of which Furniture and vehicles: +€10,633
- Profit (loss) carried forward -€4,725
down €4,725 (-0.9%), from -€532,911 to -€537,635
- Other debts -€4,708
down €4,708 (-0.8%), from €569,792 to €565,085
- Trade debts +€2,523
up €2,523 (+168.3%), from €1,499 to €4,023
- Accrued charges and deferred income -€765
down €765 (-100.0%), from €765 to €0
- Staff costs -€2,584
no longer reported in 2025 (was €2,584)
- Depreciation +€1,344
up €1,344 (+13.1%), from €10,261 to €11,605
- Gross operating margin -€1,029
down €1,029 (-8.5%), from €12,059 to €11,030
- Financial charges -€475
down €475 (-26.3%), from €1,805 to €1,330
- Other operating charges -€300
down €300 (-11.4%), from €2,616 to €2,316
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 | €59,276 | €52,444 | -€6,831 | -11.5% |
| Fixed assets | 21/28 | €31,851 | €40,276 | +€8,425 | +26.5% |
| Tangible fixed assets | 22/27 | €29,907 | €38,332 | +€8,425 | +28.2% |
| Plant, machinery and equipment | 23 | €26,989 | €24,782 | -€2,207 | -8.2% |
| Furniture and vehicles | 24 | €2,917 | €13,550 | +€10,633 | +364.5% |
| Financial fixed assets | 28 | €1,944 | €1,944 | = | 0.0% |
| Current assets | 29/58 | €27,425 | €12,168 | -€15,257 | -55.6% |
| Stocks and contracts in progress | 3 | €1,619 | €1,235 | -€383 | -23.7% |
| Stocks | 30/36 | €1,619 | €1,235 | -€383 | -23.7% |
| Amounts receivable within one year | 40/41 | €2,284 | €2,400 | +€117 | +5.1% |
| Trade receivables | 40 | €1,335 | €1,167 | -€168 | -12.6% |
| Other amounts receivable | 41 | €949 | €1,233 | +€284 | +30.0% |
| Cash at bank and in hand | 54/58 | €19,267 | €4,088 | -€15,179 | -78.8% |
| Deferred charges and accrued income | 490/1 | €4,255 | €4,444 | +€189 | +4.4% |
| Total equity and liabilities | 10/49 | €59,276 | €52,444 | -€6,831 | -11.5% |
| Equity | 10/15 | -€514,311 | -€519,035 | -€4,725 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€532,911 | -€537,635 | -€4,725 | -0.9% |
| Amounts payable | 17/49 | €573,586 | €571,480 | -€2,107 | -0.4% |
| Amounts payable within one year | 42/48 | €572,821 | €571,480 | -€1,341 | -0.2% |
| Trade debts | 44 | €1,499 | €4,023 | +€2,523 | +168.3% |
| Suppliers | 440/4 | €1,499 | €4,023 | +€2,523 | +168.3% |
| Advances received on contracts in progress | 46 | €924 | €1,324 | +€400 | +43.3% |
| Taxes, remuneration and social security | 45 | €605 | €1,047 | +€442 | +73.1% |
| Taxes | 450/3 | €605 | €1,047 | +€442 | +73.1% |
| Other amounts payable | 47/48 | €569,792 | €565,085 | -€4,708 | -0.8% |
| Accrued charges and deferred income | 492/3 | €765 | €0 | -€765 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,584 | - | -€2,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,261 | €11,605 | +€1,344 | +13.1% |
| Other operating charges | 640/8 | €2,616 | €2,316 | -€300 | -11.4% |
| Gross operating margin | 9900 | €12,059 | €11,030 | -€1,029 | -8.5% |
| Operating profit (loss) | 9901 | -€3,402 | -€2,891 | +€511 | +15.0% |
| Financial income | 75/76B | €49 | €4 | -€45 | -91.4% |
| Recurring financial income | 75 | €49 | €4 | -€45 | -91.4% |
| Financial charges | 65/66B | €1,805 | €1,330 | -€475 | -26.3% |
| Recurring financial charges | 65 | €1,805 | €1,330 | -€475 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,158 | -€4,217 | +€941 | +18.2% |
| Income taxes | 67/77 | €480 | €508 | +€28 | +5.8% |
| Profit (loss) for the period | 9904 | -€5,638 | -€4,725 | +€914 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,638 | -€4,725 | +€914 | +16.2% |
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 29 September 2026 via checked.be.