OTG: 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.
OTG
Largest movements
- Current investments -€55,620
down €55,620 (-100.0%), from €55,620 to €0
- Tangible fixed assets +€25,805
up €25,805 (+32.2%), from €80,152 to €105,958
of which Land and buildings: +€41,198
- Receivables within one year -€24,033
down €24,033 (-41.9%), from €57,399 to €33,367
of which Trade receivables: -€36,121
- Cash +€7,158
up €7,158 (+95.0%), from €7,536 to €14,693
mainly Other debts (+€60,880) and Current investments (+€55,620)
- Stocks and contracts -€3,705
down €3,705 (-100.0%), from €3,705 to €0
- Profit (loss) carried forward -€96,610
down €96,610 (-100.0%), from €96,610 to €0
- Other debts +€60,880
up €60,880 (+444.3%), from €13,704 to €74,584
- Debts after one year -€21,218
down €21,218 (-48.3%), from €43,901 to €22,683
- Tax, wage and social debts +€10,802
up €10,802 (+69.9%), from €15,462 to €26,265
of which Taxes: +€12,202
- Trade debts -€8,311
down €8,311 (-77.5%), from €10,723 to €2,412
- Gross operating margin +€44,123
up €44,123 (+92.8%), from €47,568 to €91,691
- Staff costs +€18,221
new in 2025: €18,221
- Depreciation +€16,952
up €16,952 (+69.4%), from €24,430 to €41,382
- Financial income +€5,609
up €5,609 (+132.5%), from €4,232 to €9,841
- Taxes +€2,166
up €2,166 (+35.3%), from €6,142 to €8,309
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 | €210,757 | €157,536 | -€53,222 | -25.3% |
| Fixed assets | 21/28 | €80,788 | €105,958 | +€25,170 | +31.2% |
| Intangible fixed assets | 21 | €636 | €0 | -€636 | -100.0% |
| Tangible fixed assets | 22/27 | €80,152 | €105,958 | +€25,805 | +32.2% |
| Land and buildings | 22 | - | €41,198 | +€41,198 | |
| Plant, machinery and equipment | 23 | €2,314 | €12,661 | +€10,347 | +447.2% |
| Furniture and vehicles | 24 | €69,931 | €52,099 | -€17,832 | -25.5% |
| Other tangible fixed assets | 26 | €7,907 | €0 | -€7,907 | -100.0% |
| Current assets | 29/58 | €129,969 | €51,578 | -€78,392 | -60.3% |
| Stocks and contracts in progress | 3 | €3,705 | €0 | -€3,705 | -100.0% |
| Stocks | 30/36 | €3,705 | €0 | -€3,705 | -100.0% |
| Amounts receivable within one year | 40/41 | €57,399 | €33,367 | -€24,033 | -41.9% |
| Trade receivables | 40 | €52,843 | €16,722 | -€36,121 | -68.4% |
| Other amounts receivable | 41 | €4,556 | €16,645 | +€12,089 | +265.3% |
| Current investments | 50/53 | €55,620 | €0 | -€55,620 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,536 | €14,693 | +€7,158 | +95.0% |
| Deferred charges and accrued income | 490/1 | €5,709 | €3,518 | -€2,192 | -38.4% |
| Total equity and liabilities | 10/49 | €210,757 | €157,536 | -€53,222 | -25.3% |
| Equity | 10/15 | €106,610 | €10,000 | -€96,610 | -90.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,610 | €0 | -€96,610 | -100.0% |
| Amounts payable | 17/49 | €104,147 | €147,536 | +€43,388 | +41.7% |
| Amounts payable after more than one year | 17 | €43,901 | €22,683 | -€21,218 | -48.3% |
| Financial debts | 170/4 | €43,901 | €22,683 | -€21,218 | -48.3% |
| Amounts payable within one year | 42/48 | €60,246 | €124,479 | +€64,232 | +106.6% |
| Current portion of amounts payable after more than one year | 42 | €20,357 | €21,218 | +€861 | +4.2% |
| Trade debts | 44 | €10,723 | €2,412 | -€8,311 | -77.5% |
| Suppliers | 440/4 | €10,723 | €2,412 | -€8,311 | -77.5% |
| Taxes, remuneration and social security | 45 | €15,462 | €26,265 | +€10,802 | +69.9% |
| Taxes | 450/3 | €12,574 | €24,776 | +€12,202 | +97.0% |
| Remuneration and social security | 454/9 | €2,888 | €1,488 | -€1,400 | -48.5% |
| Other amounts payable | 47/48 | €13,704 | €74,584 | +€60,880 | +444.3% |
| Accrued charges and deferred income | 492/3 | - | €374 | +€374 | |
| Remuneration, social security and pensions | 62 | - | €18,221 | +€18,221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,430 | €41,382 | +€16,952 | +69.4% |
| Other operating charges | 640/8 | €3,096 | €4,619 | +€1,523 | +49.2% |
| Gross operating margin | 9900 | €47,568 | €91,691 | +€44,123 | +92.8% |
| Operating profit (loss) | 9901 | €20,042 | €27,469 | +€7,427 | +37.1% |
| Financial income | 75/76B | €4,232 | €9,841 | +€5,609 | +132.5% |
| Recurring financial income | 75 | €4,232 | €9,841 | +€5,609 | +132.5% |
| Financial charges | 65/66B | €3,153 | €3,100 | -€53 | -1.7% |
| Recurring financial charges | 65 | €3,153 | €3,100 | -€53 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €21,121 | €34,210 | +€13,089 | +62.0% |
| Income taxes | 67/77 | €6,142 | €8,309 | +€2,166 | +35.3% |
| Profit (loss) for the period | 9904 | €14,979 | €25,901 | +€10,922 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,979 | €25,901 | +€10,922 | +72.9% |
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 4 October 2026 via checked.be.