OTIF+: 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.
OTIF+
Largest movements
- Cash +€13,627
up €13,627 (+58.3%), from €23,375 to €37,002
mainly Net result for the year (+€13,970) and Tax, wage and social debts (+€1,786)
- Receivables within one year +€2,558
up €2,558 (+17.7%), from €14,480 to €17,037
of which Trade receivables: +€2,411
- Tangible fixed assets -€1,617
down €1,617 (-33.3%), from €4,856 to €3,239
of which Furniture and vehicles: -€1,165
- Profit (loss) carried forward +€13,970
up €13,970 (+104%), from €13,469 to €27,439
- Tax, wage and social debts +€1,786
up €1,786 (+10.7%), from €16,670 to €18,455
- Other debts -€800
down €800 (-11.8%), from €6,800 to €6,000
- Trade debts -€780
down €780 (-18.5%), from €4,220 to €3,440
- Gross operating margin +€9,061
up €9,061 (+61.0%), from €14,856 to €23,917
- Taxes +€1,658
up €1,658 (+49.9%), from €3,319 to €4,977
- Other operating charges +€615
up €615 (+88.7%), from €693 to €1,308
- Depreciation +€515
up €515 (+46.7%), from €1,102 to €1,617
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.
Derived cash bridge
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 | €45,159 | €59,760 | +€14,601 | +32.3% |
| Fixed assets | 21/28 | €5,106 | €3,489 | -€1,617 | -31.7% |
| Tangible fixed assets | 22/27 | €4,856 | €3,239 | -€1,617 | -33.3% |
| Plant, machinery and equipment | 23 | €235 | €6 | -€230 | -97.6% |
| Furniture and vehicles | 24 | €2,841 | €1,676 | -€1,165 | -41.0% |
| Other tangible fixed assets | 26 | €1,779 | €1,557 | -€222 | -12.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €40,053 | €56,271 | +€16,217 | +40.5% |
| Amounts receivable within one year | 40/41 | €14,480 | €17,037 | +€2,558 | +17.7% |
| Trade receivables | 40 | €14,296 | €16,707 | +€2,411 | +16.9% |
| Other amounts receivable | 41 | €183 | €330 | +€146 | +79.7% |
| Cash at bank and in hand | 54/58 | €23,375 | €37,002 | +€13,627 | +58.3% |
| Deferred charges and accrued income | 490/1 | €2,199 | €2,232 | +€33 | +1.5% |
| Total equity and liabilities | 10/49 | €45,159 | €59,760 | +€14,601 | +32.3% |
| Equity | 10/15 | €17,469 | €31,439 | +€13,970 | +80.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,469 | €27,439 | +€13,970 | +104% |
| Amounts payable | 17/49 | €27,690 | €28,321 | +€631 | +2.3% |
| Amounts payable within one year | 42/48 | €27,690 | €27,896 | +€206 | +0.7% |
| Trade debts | 44 | €4,220 | €3,440 | -€780 | -18.5% |
| Suppliers | 440/4 | €4,220 | €3,440 | -€780 | -18.5% |
| Taxes, remuneration and social security | 45 | €16,670 | €18,455 | +€1,786 | +10.7% |
| Taxes | 450/3 | €16,670 | €18,455 | +€1,786 | +10.7% |
| Other amounts payable | 47/48 | €6,800 | €6,000 | -€800 | -11.8% |
| Accrued charges and deferred income | 492/3 | - | €425 | +€425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,102 | €1,617 | +€515 | +46.7% |
| Other operating charges | 640/8 | €693 | €1,308 | +€615 | +88.7% |
| Gross operating margin | 9900 | €14,856 | €23,917 | +€9,061 | +61.0% |
| Operating profit (loss) | 9901 | €13,061 | €20,993 | +€7,931 | +60.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,167 | €2,046 | -€121 | -5.6% |
| Recurring financial charges | 65 | €2,167 | €2,046 | -€121 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €10,894 | €18,947 | +€8,053 | +73.9% |
| Income taxes | 67/77 | €3,319 | €4,977 | +€1,658 | +49.9% |
| Profit (loss) for the period | 9904 | €7,575 | €13,970 | +€6,396 | +84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,575 | €13,970 | +€6,396 | +84.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.