OTIFY: 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.
OTIFY
Largest movements
- Receivables within one year +€27,565
up €27,565 (+36.6%), from €75,285 to €102,850
of which Trade receivables: +€92,565
- Cash +€11,627
up €11,627 (+24.2%), from €47,953 to €59,580
mainly Net result for the year (+€36,649) and Tax, wage and social debts (+€11,587)
- Tangible fixed assets -€1,786
down €1,786 (-14.6%), from €12,213 to €10,427
of which Furniture and vehicles: -€1,055
- Reserves +€36,649
up €36,649 (+51.9%), from €70,557 to €107,206
- Other debts -€11,995
down €11,995 (-100%), from €11,995 to €0
- Tax, wage and social debts +€11,587
up €11,587 (+28.4%), from €40,807 to €52,394
- Gross operating margin -€39,430
down €39,430 (-43.1%), from €91,494 to €52,065
- Taxes -€6,470
down €6,470 (-36.1%), from €17,937 to €11,467
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 | €136,215 | €173,430 | +€37,215 | +27.3% |
| Fixed assets | 21/28 | €12,977 | €11,000 | -€1,977 | -15.2% |
| Intangible fixed assets | 21 | €764 | €573 | -€191 | -25.0% |
| Tangible fixed assets | 22/27 | €12,213 | €10,427 | -€1,786 | -14.6% |
| Furniture and vehicles | 24 | €5,634 | €4,579 | -€1,055 | -18.7% |
| Other tangible fixed assets | 26 | €6,579 | €5,848 | -€731 | -11.1% |
| Current assets | 29/58 | €123,238 | €162,430 | +€39,192 | +31.8% |
| Amounts receivable within one year | 40/41 | €75,285 | €102,850 | +€27,565 | +36.6% |
| Trade receivables | 40 | €10,285 | €102,850 | +€92,565 | +900% |
| Other amounts receivable | 41 | €65,000 | €0 | -€65,000 | -100% |
| Cash at bank and in hand | 54/58 | €47,953 | €59,580 | +€11,627 | +24.2% |
| Total equity and liabilities | 10/49 | €136,215 | €173,430 | +€37,215 | +27.3% |
| Equity | 10/15 | €75,557 | €112,206 | +€36,649 | +48.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,557 | €107,206 | +€36,649 | +51.9% |
| Distributable reserves | 133 | €70,557 | €107,206 | +€36,649 | +51.9% |
| Amounts payable | 17/49 | €60,658 | €61,225 | +€566 | +0.9% |
| Amounts payable within one year | 42/48 | €60,658 | €61,225 | +€566 | +0.9% |
| Trade debts | 44 | €7,856 | €8,831 | +€975 | +12.4% |
| Suppliers | 440/4 | €7,856 | €8,831 | +€975 | +12.4% |
| Taxes, remuneration and social security | 45 | €40,807 | €52,394 | +€11,587 | +28.4% |
| Taxes | 450/3 | €40,807 | €52,394 | +€11,587 | +28.4% |
| Other amounts payable | 47/48 | €11,995 | €0 | -€11,995 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,835 | €3,716 | +€880 | +31.0% |
| Other operating charges | 640/8 | €50 | €35 | -€15 | -30.0% |
| Gross operating margin | 9900 | €91,494 | €52,065 | -€39,430 | -43.1% |
| Operating profit (loss) | 9901 | €88,609 | €48,314 | -€40,295 | -45.5% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €115 | €207 | +€92 | +79.7% |
| Recurring financial charges | 65 | €115 | €207 | +€92 | +79.7% |
| Profit (loss) for the period before taxes | 9903 | €88,494 | €48,116 | -€40,378 | -45.6% |
| Income taxes | 67/77 | €17,937 | €11,467 | -€6,470 | -36.1% |
| Profit (loss) for the period | 9904 | €70,557 | €36,649 | -€33,908 | -48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,557 | €36,649 | -€33,908 | -48.1% |
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 17 October 2026 via checked.be.