OTMANI WILLIAM: 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.
OTMANI WILLIAM
Largest movements
- Tangible fixed assets -€12,950
down €12,950 (-18.8%), from €69,049 to €56,099
of which Furniture and vehicles: -€13,530
- Stocks and contracts +€9,029
new in 2025: €9,029
- Receivables within one year -€6,435
down €6,435 (-61.8%), from €10,413 to €3,978
of which Other amounts receivable: -€5,004
- Cash -€5,259
down €5,259 (-4.4%), from €119,414 to €114,155
mainly Net result for the year (-€14,553) and Stocks and contracts (-€9,029)
- Profit (loss) carried forward -€14,553
down €14,553 (-15.1%), from €96,568 to €82,015
- Trade debts +€13,662
up €13,662 (+633%), from €2,157 to €15,819
- Debts after one year -€5,137
down €5,137 (-51.0%), from €10,073 to €4,936
- Current portion of long-term debt -€3,409
down €3,409 (-38.5%), from €8,855 to €5,446
- Other debts -€2,297
down €2,297 (-96.4%), from €2,382 to €85
- Gross operating margin -€21,350
down €21,350 (-41.6%), from €51,308 to €29,958
- Staff costs -€6,758
down €6,758 (-20.6%), from €32,747 to €25,989
- Depreciation +€761
up €761 (+4.9%), from €15,631 to €16,392
- Financial income +€555
up €555 (+397%), from €140 to €695
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 | €200,021 | €186,092 | -€13,929 | -7.0% |
| Fixed assets | 21/28 | €69,049 | €56,099 | -€12,950 | -18.8% |
| Tangible fixed assets | 22/27 | €69,049 | €56,099 | -€12,950 | -18.8% |
| Land and buildings | 22 | €30,006 | €27,810 | -€2,196 | -7.3% |
| Plant, machinery and equipment | 23 | - | €2,777 | +€2,777 | |
| Furniture and vehicles | 24 | €39,043 | €25,513 | -€13,530 | -34.7% |
| Current assets | 29/58 | €130,972 | €129,993 | -€979 | -0.7% |
| Stocks and contracts in progress | 3 | - | €9,029 | +€9,029 | |
| Stocks | 30/36 | - | €9,029 | +€9,029 | |
| Amounts receivable within one year | 40/41 | €10,413 | €3,978 | -€6,435 | -61.8% |
| Trade receivables | 40 | €5,000 | €3,570 | -€1,431 | -28.6% |
| Other amounts receivable | 41 | €5,413 | €408 | -€5,004 | -92.5% |
| Cash at bank and in hand | 54/58 | €119,414 | €114,155 | -€5,259 | -4.4% |
| Deferred charges and accrued income | 490/1 | €1,145 | €2,831 | +€1,685 | +147% |
| Total equity and liabilities | 10/49 | €200,021 | €186,092 | -€13,929 | -7.0% |
| Equity | 10/15 | €170,105 | €155,552 | -€14,553 | -8.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €54,945 | €54,945 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,259 | €16,259 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,259 | €16,259 | = | 0.0% |
| Distributable reserves | 133 | €38,686 | €38,686 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,568 | €82,015 | -€14,553 | -15.1% |
| Amounts payable | 17/49 | €29,916 | €30,540 | +€624 | +2.1% |
| Amounts payable after more than one year | 17 | €10,073 | €4,936 | -€5,137 | -51.0% |
| Financial debts | 170/4 | €10,073 | €4,936 | -€5,137 | -51.0% |
| Amounts payable within one year | 42/48 | €18,773 | €25,604 | +€6,831 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €8,855 | €5,446 | -€3,409 | -38.5% |
| Trade debts | 44 | €2,157 | €15,819 | +€13,662 | +633% |
| Suppliers | 440/4 | €2,157 | €15,819 | +€13,662 | +633% |
| Advances received on contracts in progress | 46 | €1,952 | €1,952 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,427 | €2,302 | -€1,125 | -32.8% |
| Taxes | 450/3 | €0 | €1,024 | +€1,024 | |
| Remuneration and social security | 454/9 | €3,427 | €1,278 | -€2,149 | -62.7% |
| Other amounts payable | 47/48 | €2,382 | €85 | -€2,297 | -96.4% |
| Accrued charges and deferred income | 492/3 | €1,069 | €0 | -€1,069 | -100% |
| Non-recurring operating income | 76A | €500 | €0 | -€500 | -100% |
| Remuneration, social security and pensions | 62 | €32,747 | €25,989 | -€6,758 | -20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,631 | €16,392 | +€761 | +4.9% |
| Other operating charges | 640/8 | €1,927 | €1,814 | -€114 | -5.9% |
| Gross operating margin | 9900 | €51,308 | €29,958 | -€21,350 | -41.6% |
| Operating profit (loss) | 9901 | €1,003 | -€14,236 | -€15,239 | |
| Financial income | 75/76B | €140 | €695 | +€555 | +397% |
| Recurring financial income | 75 | €140 | €695 | +€555 | +397% |
| Financial charges | 65/66B | €1,254 | €1,011 | -€242 | -19.3% |
| Recurring financial charges | 65 | €1,254 | €1,011 | -€242 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | -€111 | -€14,552 | -€14,442 | -13,039% |
| Income taxes | 67/77 | €37 | €1 | -€37 | -97.6% |
| Profit (loss) for the period | 9904 | -€148 | -€14,553 | -€14,405 | -9,717% |
| Profit (loss) for the period to be appropriated | 9905 | -€148 | -€14,553 | -€14,405 | -9,717% |
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 20 October 2026 via checked.be.