OTM CONSTRUCT: 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.
OTM CONSTRUCT
Largest movements
- Cash +€18,396
new in 2023: €18,396
mainly Trade debts (+€12,466) and Net result for the year (+€11,741)
- Receivables within one year +€10,504
new in 2023: €10,504
- Tangible fixed assets +€7,744
new in 2023: €7,744
- Trade debts +€12,466
up €12,466 (+1168.7%), from €1,067 to €13,533
- Profit (loss) carried forward +€11,741
up €11,741, from -€1,067 to €10,675
- Other debts +€8,339
new in 2023: €8,339
- Tax, wage and social debts +€4,098
new in 2023: €4,098
- Turnover +€31,070
new in 2023: €31,070
- Gross operating margin +€16,909
up €16,909, from -€1,067 to €15,842
- Purchases and services +€16,718
new in 2023: €16,718
- Taxes +€2,669
new in 2023: €2,669
- Other operating charges +€1,035
new in 2023: €1,035
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | - | €36,644 | +€36,644 | |
| Fixed assets | 21/28 | - | €7,744 | +€7,744 | |
| Tangible fixed assets | 22/27 | - | €7,744 | +€7,744 | |
| Furniture and vehicles | 24 | - | €7,744 | +€7,744 | |
| Current assets | 29/58 | - | €28,900 | +€28,900 | |
| Amounts receivable within one year | 40/41 | - | €10,504 | +€10,504 | |
| Trade receivables | 40 | - | €10,504 | +€10,504 | |
| Cash at bank and in hand | 54/58 | - | €18,396 | +€18,396 | |
| Total equity and liabilities | 10/49 | €0 | €36,644 | +€36,644 | |
| Equity | 10/15 | -€1,067 | €10,675 | +€11,741 | |
| Profit (loss) carried forward | 14 | -€1,067 | €10,675 | +€11,741 | |
| Amounts payable | 17/49 | €1,067 | €25,970 | +€24,903 | +2334.6% |
| Amounts payable within one year | 42/48 | €1,067 | €25,970 | +€24,903 | +2334.6% |
| Trade debts | 44 | €1,067 | €13,533 | +€12,466 | +1168.7% |
| Suppliers | 440/4 | €1,067 | €13,533 | +€12,466 | +1168.7% |
| Taxes, remuneration and social security | 45 | - | €4,098 | +€4,098 | |
| Taxes | 450/3 | - | €4,098 | +€4,098 | |
| Other amounts payable | 47/48 | - | €8,339 | +€8,339 | |
| Turnover | 70 | - | €31,070 | +€31,070 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €16,718 | +€16,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €456 | +€456 | |
| Other operating charges | 640/8 | - | €1,035 | +€1,035 | |
| Gross operating margin | 9900 | -€1,067 | €15,842 | +€16,909 | |
| Operating profit (loss) | 9901 | -€1,067 | €14,351 | +€15,418 | |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | - | €4 | +€4 | |
| Recurring financial charges | 65 | - | €4 | +€4 | |
| Profit (loss) for the period before taxes | 9903 | -€1,067 | €14,410 | +€15,477 | |
| Income taxes | 67/77 | - | €2,669 | +€2,669 | |
| Profit (loss) for the period | 9904 | -€1,067 | €11,741 | +€12,808 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,067 | €11,741 | +€12,808 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.