OTHEUS: 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.
OTHEUS
Largest movements
- Tangible fixed assets -€294,183
down €294,183 (-5.5%), from €5.4m to €5.1m
of which Land and buildings: -€271,344
- Stocks and contracts +€230,177
up €230,177 (+18.3%), from €1.3m to €1.5m
- Cash +€71,538
up €71,538 (+79.7%), from €89,789 to €161,326
mainly Depreciation (+€332,064) and Net result for the year (+€310,844)
- Debts after one year -€598,293
down €598,293 (-14.5%), from €4.1m to €3.5m
- Profit (loss) carried forward +€310,844
up €310,844 (+87.9%), from €353,485 to €664,329
- Tax, wage and social debts +€272,368
up €272,368 (+71.6%), from €380,153 to €652,521
of which Taxes: +€267,447
- Trade debts +€92,889
up €92,889 (+18.7%), from €497,899 to €590,788
- Gross operating margin +€500,085
up €500,085 (+31.7%), from €1.6m to €2.1m
- Staff costs +€135,955
up €135,955 (+14.2%), from €955,266 to €1.1m
- Taxes +€88,741
up €88,741 (+235.9%), from €37,618 to €126,358
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 | €6,745,912 | €6,743,143 | -€2,769 | 0.0% |
| Fixed assets | 21/28 | €5,365,479 | €5,071,295 | -€294,183 | -5.5% |
| Tangible fixed assets | 22/27 | €5,356,479 | €5,062,295 | -€294,183 | -5.5% |
| Land and buildings | 22 | €5,233,271 | €4,961,927 | -€271,344 | -5.2% |
| Plant, machinery and equipment | 23 | €15,046 | €18,257 | +€3,212 | +21.3% |
| Furniture and vehicles | 24 | €108,162 | €82,111 | -€26,051 | -24.1% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €1,380,434 | €1,671,848 | +€291,414 | +21.1% |
| Stocks and contracts in progress | 3 | €1,260,058 | €1,490,235 | +€230,177 | +18.3% |
| Stocks | 30/36 | €1,260,058 | €1,490,235 | +€230,177 | +18.3% |
| Cash at bank and in hand | 54/58 | €89,789 | €161,326 | +€71,538 | +79.7% |
| Deferred charges and accrued income | 490/1 | €30,588 | €20,287 | -€10,301 | -33.7% |
| Total equity and liabilities | 10/49 | €6,745,912 | €6,743,143 | -€2,769 | 0.0% |
| Equity | 10/15 | €723,875 | €1,034,719 | +€310,844 | +42.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €351,798 | €351,798 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €349,938 | €349,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €353,485 | €664,329 | +€310,844 | +87.9% |
| Amounts payable | 17/49 | €6,022,038 | €5,708,425 | -€313,613 | -5.2% |
| Amounts payable after more than one year | 17 | €4,122,261 | €3,523,968 | -€598,293 | -14.5% |
| Financial debts | 170/4 | €4,122,261 | €3,523,968 | -€598,293 | -14.5% |
| Amounts payable within one year | 42/48 | €1,871,845 | €2,177,812 | +€305,967 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €993,793 | €934,502 | -€59,290 | -6.0% |
| Trade debts | 44 | €497,899 | €590,788 | +€92,889 | +18.7% |
| Suppliers | 440/4 | €497,899 | €590,788 | +€92,889 | +18.7% |
| Taxes, remuneration and social security | 45 | €380,153 | €652,521 | +€272,368 | +71.6% |
| Taxes | 450/3 | €302,201 | €569,648 | +€267,447 | +88.5% |
| Remuneration and social security | 454/9 | €77,952 | €82,873 | +€4,921 | +6.3% |
| Accrued charges and deferred income | 492/3 | €27,932 | €6,645 | -€21,287 | -76.2% |
| Non-recurring operating income | 76A | €19,000 | €15,614 | -€3,386 | -17.8% |
| Remuneration, social security and pensions | 62 | €955,266 | €1,091,221 | +€135,955 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315,615 | €332,064 | +€16,449 | +5.2% |
| Other operating charges | 640/8 | €24,679 | €39,424 | +€14,744 | +59.7% |
| Gross operating margin | 9900 | €1,577,223 | €2,077,308 | +€500,085 | +31.7% |
| Operating profit (loss) | 9901 | €281,664 | €614,600 | +€332,936 | +118.2% |
| Financial charges | 65/66B | €184,641 | €177,398 | -€7,243 | -3.9% |
| Recurring financial charges | 65 | €184,641 | €177,398 | -€7,243 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €97,023 | €437,202 | +€340,179 | +350.6% |
| Income taxes | 67/77 | €37,618 | €126,358 | +€88,741 | +235.9% |
| Profit (loss) for the period | 9904 | €59,406 | €310,844 | +€251,438 | +423.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,406 | €310,844 | +€251,438 | +423.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.