Otentix: 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.
Otentix
Largest movements
- Current investments -€120,000
down €120,000 (-38.1%), from €315,000 to €195,000
- Receivables after one year -€108,165
down €108,165 (-100.0%), from €108,165 to €0
- Receivables within one year -€38,294
down €38,294 (-89.9%), from €42,613 to €4,319
of which Other amounts receivable: -€19,606
- Cash +€37,659
up €37,659 (+81.9%), from €45,994 to €83,652
mainly Current investments (+€120,000) and Receivables after one year (+€108,165)
- Tangible fixed assets -€5,555
down €5,555 (-32.6%), from €17,023 to €11,468
of which Furniture and vehicles: -€5,530
- Reserves -€306,222
down €306,222 (-55.5%), from €551,712 to €245,491
of which Distributable reserves: -€306,222
- Other debts +€105,170
up €105,170, from €0 to €105,170
- Trade debts -€19,114
down €19,114 (-78.8%), from €24,248 to €5,134
- Profit (loss) carried forward -€14,771
down €14,771 (-22.2%), from -€66,627 to -€81,398
- Financial income -€9,907
down €9,907 (-71.6%), from €13,846 to €3,939
- Gross operating margin +€9,583
up €9,583 (+43.1%), from -€22,254 to -€12,671
- Depreciation +€1,769
up €1,769 (+63.7%), from €2,775 to €4,544
- Other operating charges +€560
up €560 (+85.4%), from €655 to €1,215
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 | €529,003 | €294,652 | -€234,351 | -44.3% |
| Fixed assets | 21/28 | €17,023 | €11,468 | -€5,555 | -32.6% |
| Tangible fixed assets | 22/27 | €17,023 | €11,468 | -€5,555 | -32.6% |
| Furniture and vehicles | 24 | €16,973 | €11,443 | -€5,530 | -32.6% |
| Other tangible fixed assets | 26 | €50 | €25 | -€25 | -50.0% |
| Current assets | 29/58 | €511,981 | €283,184 | -€228,797 | -44.7% |
| Amounts receivable after more than one year | 29 | €108,165 | €0 | -€108,165 | -100.0% |
| Other amounts receivable | 291 | €108,165 | €0 | -€108,165 | -100.0% |
| Amounts receivable within one year | 40/41 | €42,613 | €4,319 | -€38,294 | -89.9% |
| Trade receivables | 40 | €22,007 | €3,319 | -€18,688 | -84.9% |
| Other amounts receivable | 41 | €20,606 | €1,000 | -€19,606 | -95.1% |
| Current investments | 50/53 | €315,000 | €195,000 | -€120,000 | -38.1% |
| Cash at bank and in hand | 54/58 | €45,994 | €83,652 | +€37,659 | +81.9% |
| Deferred charges and accrued income | 490/1 | €209 | €213 | +€4 | +1.7% |
| Total equity and liabilities | 10/49 | €529,003 | €294,652 | -€234,351 | -44.3% |
| Equity | 10/15 | €503,685 | €182,693 | -€320,993 | -63.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €551,712 | €245,491 | -€306,222 | -55.5% |
| Non-distributable reserves | 130/1 | €40,492 | €40,492 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,492 | €40,492 | = | 0.0% |
| Distributable reserves | 133 | €511,220 | €204,999 | -€306,222 | -59.9% |
| Profit (loss) carried forward | 14 | -€66,627 | -€81,398 | -€14,771 | -22.2% |
| Amounts payable | 17/49 | €25,318 | €111,959 | +€86,642 | +342.2% |
| Amounts payable within one year | 42/48 | €24,248 | €110,889 | +€86,642 | +357.3% |
| Trade debts | 44 | €24,248 | €5,134 | -€19,114 | -78.8% |
| Suppliers | 440/4 | €24,248 | €5,134 | -€19,114 | -78.8% |
| Taxes, remuneration and social security | 45 | - | €586 | +€586 | |
| Taxes | 450/3 | - | €586 | +€586 | |
| Other amounts payable | 47/48 | €0 | €105,170 | +€105,170 | |
| Accrued charges and deferred income | 492/3 | €1,070 | €1,070 | = | 0.0% |
| Non-recurring operating income | 76A | €1,802 | €3,155 | +€1,353 | +75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,775 | €4,544 | +€1,769 | +63.7% |
| Other operating charges | 640/8 | €655 | €1,215 | +€560 | +85.4% |
| Gross operating margin | 9900 | -€22,254 | -€12,671 | +€9,583 | +43.1% |
| Operating profit (loss) | 9901 | -€25,685 | -€18,431 | +€7,255 | +28.2% |
| Financial income | 75/76B | €13,846 | €3,939 | -€9,907 | -71.6% |
| Recurring financial income | 75 | €13,846 | €3,939 | -€9,907 | -71.6% |
| Financial charges | 65/66B | €190 | €130 | -€61 | -31.9% |
| Recurring financial charges | 65 | €190 | €130 | -€61 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,030 | -€14,622 | -€2,592 | -21.5% |
| Income taxes | 67/77 | €289 | €150 | -€139 | -48.1% |
| Profit (loss) for the period | 9904 | -€12,318 | -€14,771 | -€2,453 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,318 | -€14,771 | -€2,453 | -19.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.