OTIK: 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.
OTIK
Largest movements
- Cash -€386,777
down €386,777 (-64.1%), from €603,634 to €216,857
mainly Trade debts (-€525,112) and Receivables within one year (-€72,404)
- Receivables within one year +€72,404
up €72,404 (+14.6%), from €496,714 to €569,118
of which Trade receivables: +€82,284
- Intangible fixed assets -€50,973
down €50,973 (-16.7%), from €305,837 to €254,864
- Tangible fixed assets -€18,672
down €18,672 (-47.8%), from €39,083 to €20,411
of which Furniture and vehicles: -€13,492
- Trade debts -€525,112
down €525,112 (-50.9%), from €1.0m to €506,702
- Debts after one year +€105,457
new in 2025: €105,457
- Current portion of long-term debt +€20,599
up €20,599 (+683.5%), from €3,014 to €23,612
- Tax, wage and social debts +€16,086
up €16,086 (+138.7%), from €11,594 to €27,681
- Depreciation +€14,347
up €14,347 (+25.9%), from €55,298 to €69,645
- Gross operating margin -€12,466
down €12,466 (-12.1%), from €103,033 to €90,567
- Taxes -€7,312
down €7,312 (-65.1%), from €11,230 to €3,918
- Financial charges +€3,578
up €3,578 (+215.5%), from €1,661 to €5,239
- Other operating charges +€1,082
up €1,082 (+16.8%), from €6,421 to €7,503
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 | €1,445,518 | €1,066,999 | -€378,519 | -26.2% |
| Fixed assets | 21/28 | €345,170 | €281,025 | -€64,145 | -18.6% |
| Intangible fixed assets | 21 | €305,837 | €254,864 | -€50,973 | -16.7% |
| Tangible fixed assets | 22/27 | €39,083 | €20,411 | -€18,672 | -47.8% |
| Plant, machinery and equipment | 23 | €13,431 | €8,251 | -€5,180 | -38.6% |
| Furniture and vehicles | 24 | €25,652 | €12,160 | -€13,492 | -52.6% |
| Financial fixed assets | 28 | €250 | €5,750 | +€5,500 | +2200.0% |
| Current assets | 29/58 | €1,100,348 | €785,974 | -€314,374 | -28.6% |
| Amounts receivable within one year | 40/41 | €496,714 | €569,118 | +€72,404 | +14.6% |
| Trade receivables | 40 | €486,834 | €569,118 | +€82,284 | +16.9% |
| Other amounts receivable | 41 | €9,880 | - | -€9,880 | |
| Cash at bank and in hand | 54/58 | €603,634 | €216,857 | -€386,777 | -64.1% |
| Total equity and liabilities | 10/49 | €1,445,518 | €1,066,999 | -€378,519 | -26.2% |
| Equity | 10/15 | €399,096 | €403,466 | +€4,370 | +1.1% |
| Contributions | 10/11 | €5,625 | €5,625 | = | 0.0% |
| Reserves | 13 | €393,463 | €397,833 | +€4,370 | +1.1% |
| Distributable reserves | 133 | €393,463 | €397,833 | +€4,370 | +1.1% |
| Profit (loss) carried forward | 14 | €7 | €8 | +€0 | +3.1% |
| Amounts payable | 17/49 | €1,046,422 | €663,533 | -€382,889 | -36.6% |
| Amounts payable after more than one year | 17 | - | €105,457 | +€105,457 | |
| Financial debts | 170/4 | - | €105,457 | +€105,457 | |
| Amounts payable within one year | 42/48 | €1,046,422 | €558,077 | -€488,346 | -46.7% |
| Current portion of amounts payable after more than one year | 42 | €3,014 | €23,612 | +€20,599 | +683.5% |
| Trade debts | 44 | €1,031,814 | €506,702 | -€525,112 | -50.9% |
| Suppliers | 440/4 | €1,031,814 | €506,702 | -€525,112 | -50.9% |
| Taxes, remuneration and social security | 45 | €11,594 | €27,681 | +€16,086 | +138.7% |
| Taxes | 450/3 | €11,594 | €27,681 | +€16,086 | +138.7% |
| Other amounts payable | 47/48 | - | €82 | +€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,298 | €69,645 | +€14,347 | +25.9% |
| Other operating charges | 640/8 | €6,421 | €7,503 | +€1,082 | +16.8% |
| Gross operating margin | 9900 | €103,033 | €90,567 | -€12,466 | -12.1% |
| Operating profit (loss) | 9901 | €41,314 | €13,419 | -€27,895 | -67.5% |
| Financial income | 75/76B | €23 | €108 | +€85 | +363.7% |
| Recurring financial income | 75 | €23 | €108 | +€85 | +363.7% |
| Financial charges | 65/66B | €1,661 | €5,239 | +€3,578 | +215.5% |
| Recurring financial charges | 65 | €1,661 | €5,239 | +€3,578 | +215.5% |
| Profit (loss) for the period before taxes | 9903 | €39,676 | €8,288 | -€31,388 | -79.1% |
| Income taxes | 67/77 | €11,230 | €3,918 | -€7,312 | -65.1% |
| Profit (loss) for the period | 9904 | €28,446 | €4,370 | -€24,076 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,446 | €4,370 | -€24,076 | -84.6% |
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 7 October 2026 via checked.be.