OTIMO: 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.
OTIMO
Largest movements
- Cash -€21,736
down €21,736 (-44.5%), from €48,899 to €27,163
mainly Contributions, distributions and other (-€26,400) and Net result for the year (-€6,934)
- Receivables within one year -€7,489
down €7,489 (-33.2%), from €22,590 to €15,101
of which Trade receivables: -€6,674
- Tangible fixed assets -€6,524
down €6,524 (-47.3%), from €13,804 to €7,281
of which Other tangible fixed assets: -€5,026
- Deferred charges and accrued income +€886
up €886 (+79.9%), from €1,109 to €1,995
- Reserves -€26,400
down €26,400 (-38.9%), from €67,825 to €41,425
- Profit (loss) carried forward -€6,934
down €6,934 (-19.6%), from -€35,332 to -€42,266
- Trade debts -€1,691
down €1,691 (-43.6%), from €3,879 to €2,188
- Gross operating margin +€24,210
up €24,210, from -€22,912 to €1,298
- Financial charges -€362
down €362 (-18.3%), from €1,980 to €1,618
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 | €86,403 | €51,540 | -€34,863 | -40.3% |
| Fixed assets | 21/28 | €13,804 | €7,281 | -€6,524 | -47.3% |
| Tangible fixed assets | 22/27 | €13,804 | €7,281 | -€6,524 | -47.3% |
| Plant, machinery and equipment | 23 | €47 | - | -€47 | |
| Furniture and vehicles | 24 | €3,030 | €1,579 | -€1,452 | -47.9% |
| Other tangible fixed assets | 26 | €10,727 | €5,702 | -€5,026 | -46.8% |
| Current assets | 29/58 | €72,598 | €44,259 | -€28,339 | -39.0% |
| Amounts receivable within one year | 40/41 | €22,590 | €15,101 | -€7,489 | -33.2% |
| Trade receivables | 40 | €6,674 | - | -€6,674 | |
| Other amounts receivable | 41 | €15,916 | €15,101 | -€815 | -5.1% |
| Cash at bank and in hand | 54/58 | €48,899 | €27,163 | -€21,736 | -44.5% |
| Deferred charges and accrued income | 490/1 | €1,109 | €1,995 | +€886 | +79.9% |
| Total equity and liabilities | 10/49 | €86,403 | €51,540 | -€34,863 | -40.3% |
| Equity | 10/15 | €82,493 | €49,159 | -€33,334 | -40.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €67,825 | €41,425 | -€26,400 | -38.9% |
| Distributable reserves | 133 | €67,825 | €41,425 | -€26,400 | -38.9% |
| Profit (loss) carried forward | 14 | -€35,332 | -€42,266 | -€6,934 | -19.6% |
| Amounts payable | 17/49 | €3,909 | €2,381 | -€1,529 | -39.1% |
| Amounts payable within one year | 42/48 | €3,909 | €2,381 | -€1,529 | -39.1% |
| Trade debts | 44 | €3,879 | €2,188 | -€1,691 | -43.6% |
| Suppliers | 440/4 | €3,879 | €2,188 | -€1,691 | -43.6% |
| Taxes, remuneration and social security | 45 | €31 | €193 | +€162 | +523.7% |
| Taxes | 450/3 | €31 | €193 | +€162 | +523.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,638 | €6,524 | -€114 | -1.7% |
| Other operating charges | 640/8 | €738 | €709 | -€29 | -3.9% |
| Gross operating margin | 9900 | -€22,912 | €1,298 | +€24,210 | |
| Operating profit (loss) | 9901 | -€30,288 | -€5,936 | +€24,352 | +80.4% |
| Financial income | 75/76B | €608 | €812 | +€204 | +33.6% |
| Recurring financial income | 75 | €608 | €812 | +€204 | +33.6% |
| Financial charges | 65/66B | €1,980 | €1,618 | -€362 | -18.3% |
| Recurring financial charges | 65 | €1,980 | €1,618 | -€362 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€31,660 | -€6,741 | +€24,918 | +78.7% |
| Income taxes | 67/77 | €193 | €193 | +€0 | +0.1% |
| Profit (loss) for the period | 9904 | -€31,852 | -€6,934 | +€24,918 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,852 | -€6,934 | +€24,918 | +78.2% |
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.