Otilia: 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.
Otilia
Largest movements
- Cash +€6,259
up €6,259 (+42.7%), from €14,662 to €20,922
mainly Other debts (+€20,000) and Net result for the year (+€8,768)
- Receivables within one year +€2,495
up €2,495 (+14.0%), from €17,769 to €20,264
of which Trade receivables: +€5,329
- Tangible fixed assets -€910
down €910 (-18.4%), from €4,940 to €4,030
of which Other tangible fixed assets: -€478
- Other debts +€20,000
new in 2025: €20,000
- Reserves -€11,232
down €11,232 (-52.6%), from €21,335 to €10,104
- Tax, wage and social debts -€1,406
down €1,406 (-12.9%), from €10,905 to €9,499
- Gross operating margin +€3,956
up €3,956 (+38.6%), from €10,237 to €14,193
- Taxes +€1,987
up €1,987 (+161.9%), from €1,228 to €3,214
- Depreciation -€810
down €810 (-47.1%), from €1,720 to €910
- Financial income -€283
down €283 (-73.5%), from €385 to €102
- Financial charges -€202
down €202 (-25.2%), from €802 to €600
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 | €37,612 | €45,448 | +€7,836 | +20.8% |
| Fixed assets | 21/28 | €4,940 | €4,030 | -€910 | -18.4% |
| Tangible fixed assets | 22/27 | €4,940 | €4,030 | -€910 | -18.4% |
| Furniture and vehicles | 24 | €732 | €299 | -€432 | -59.1% |
| Other tangible fixed assets | 26 | €4,209 | €3,731 | -€478 | -11.3% |
| Current assets | 29/58 | €32,672 | €41,418 | +€8,746 | +26.8% |
| Amounts receivable within one year | 40/41 | €17,769 | €20,264 | +€2,495 | +14.0% |
| Trade receivables | 40 | €14,587 | €19,916 | +€5,329 | +36.5% |
| Other amounts receivable | 41 | €3,182 | €348 | -€2,834 | -89.1% |
| Cash at bank and in hand | 54/58 | €14,662 | €20,922 | +€6,259 | +42.7% |
| Deferred charges and accrued income | 490/1 | €241 | €232 | -€9 | -3.7% |
| Total equity and liabilities | 10/49 | €37,612 | €45,448 | +€7,836 | +20.8% |
| Equity | 10/15 | €25,335 | €14,104 | -€11,232 | -44.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €21,335 | €10,104 | -€11,232 | -52.6% |
| Distributable reserves | 133 | €21,335 | €10,104 | -€11,232 | -52.6% |
| Amounts payable | 17/49 | €12,277 | €31,345 | +€19,068 | +155.3% |
| Amounts payable within one year | 42/48 | €12,277 | €30,945 | +€18,668 | +152.1% |
| Trade debts | 44 | €1,372 | €1,371 | -€1 | -0.1% |
| Suppliers | 440/4 | €1,372 | €1,371 | -€1 | -0.1% |
| Advances received on contracts in progress | 46 | - | €75 | +€75 | |
| Taxes, remuneration and social security | 45 | €10,905 | €9,499 | -€1,406 | -12.9% |
| Taxes | 450/3 | €10,905 | €9,499 | -€1,406 | -12.9% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,720 | €910 | -€810 | -47.1% |
| Other operating charges | 640/8 | €668 | €803 | +€135 | +20.1% |
| Gross operating margin | 9900 | €10,237 | €14,193 | +€3,956 | +38.6% |
| Operating profit (loss) | 9901 | €7,849 | €12,481 | +€4,632 | +59.0% |
| Financial income | 75/76B | €385 | €102 | -€283 | -73.5% |
| Recurring financial income | 75 | €385 | €102 | -€283 | -73.5% |
| Financial charges | 65/66B | €802 | €600 | -€202 | -25.2% |
| Recurring financial charges | 65 | €802 | €600 | -€202 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €7,432 | €11,983 | +€4,551 | +61.2% |
| Income taxes | 67/77 | €1,228 | €3,214 | +€1,987 | +161.9% |
| Profit (loss) for the period | 9904 | €6,204 | €8,768 | +€2,564 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,204 | €8,768 | +€2,564 | +41.3% |
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 6 October 2026 via checked.be.