OTODUS: 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.
OTODUS
Largest movements
- Cash +€192,132
up €192,132 (+222.8%), from €86,216 to €278,348
mainly Net result for the year (+€296,868) and Depreciation (+€106,425)
- Receivables within one year -€43,469
down €43,469 (-88.5%), from €49,120 to €5,651
of which Other amounts receivable: -€38,569
- Tangible fixed assets -€36,343
down €36,343 (-3.6%), from €1.0m to €979,645
of which Land and buildings: -€19,211
- Reserves +€84,200
up €84,200 (+18.3%), from €458,890 to €543,090
of which Distributable reserves: +€185,240
- Profit (loss) carried forward +€81,668
new in 2025: €81,668
- Debts after one year -€46,397
down €46,397 (-11.6%), from €399,562 to €353,164
- Other debts -€30,091
down €30,091 (-17.0%), from €176,655 to €146,564
- Gross operating margin -€34,227
down €34,227 (-5.1%), from €673,299 to €639,072
- Staff costs +€18,279
up €18,279 (+41.0%), from €44,552 to €62,831
- Depreciation -€11,319
down €11,319 (-9.6%), from €117,744 to €106,425
- Financial charges -€8,895
down €8,895 (-11.6%), from €76,860 to €67,965
- Provisions +€8,268
up €8,268 (+347.5%), from €2,379 to €10,648
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 | €1,207,647 | €1,312,293 | +€104,646 | +8.7% |
| Fixed assets | 21/28 | €1,019,853 | €979,945 | -€39,909 | -3.9% |
| Intangible fixed assets | 21 | €3,566 | - | -€3,566 | |
| Tangible fixed assets | 22/27 | €1,015,987 | €979,645 | -€36,343 | -3.6% |
| Land and buildings | 22 | €596,343 | €577,133 | -€19,211 | -3.2% |
| Plant, machinery and equipment | 23 | €157,406 | €144,026 | -€13,380 | -8.5% |
| Furniture and vehicles | 24 | €262,238 | €246,068 | -€16,170 | -6.2% |
| Other tangible fixed assets | 26 | - | €7,518 | +€7,518 | |
| Assets under construction and advance payments | 27 | - | €4,900 | +€4,900 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €187,794 | €332,348 | +€144,554 | +77.0% |
| Amounts receivable within one year | 40/41 | €49,120 | €5,651 | -€43,469 | -88.5% |
| Trade receivables | 40 | €4,900 | - | -€4,900 | |
| Other amounts receivable | 41 | €44,220 | €5,651 | -€38,569 | -87.2% |
| Current investments | 50/53 | €44,630 | €44,630 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,216 | €278,348 | +€192,132 | +222.8% |
| Deferred charges and accrued income | 490/1 | €7,828 | €3,720 | -€4,108 | -52.5% |
| Total equity and liabilities | 10/49 | €1,207,647 | €1,312,293 | +€104,646 | +8.7% |
| Equity | 10/15 | €496,090 | €661,958 | +€165,868 | +33.4% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €458,890 | €543,090 | +€84,200 | +18.3% |
| Tax-exempt reserves | 132 | €458,890 | €357,850 | -€101,040 | -22.0% |
| Distributable reserves | 133 | - | €185,240 | +€185,240 | |
| Profit (loss) carried forward | 14 | - | €81,668 | +€81,668 | |
| Provisions and deferred taxes | 16 | €71,779 | €82,427 | +€10,648 | +14.8% |
| Provisions for liabilities and charges | 160/5 | €71,779 | €82,427 | +€10,648 | +14.8% |
| Other liabilities and charges | 164/5 | €71,779 | €82,427 | +€10,648 | +14.8% |
| Amounts payable | 17/49 | €639,778 | €567,908 | -€71,870 | -11.2% |
| Amounts payable after more than one year | 17 | €399,562 | €353,164 | -€46,397 | -11.6% |
| Financial debts | 170/4 | €399,562 | €353,164 | -€46,397 | -11.6% |
| Amounts payable within one year | 42/48 | €240,216 | €214,035 | -€26,182 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €45,855 | €46,397 | +€543 | +1.2% |
| Trade debts | 44 | €8,212 | €2,973 | -€5,239 | -63.8% |
| Suppliers | 440/4 | €8,212 | €2,973 | -€5,239 | -63.8% |
| Taxes, remuneration and social security | 45 | €9,494 | €18,100 | +€8,605 | +90.6% |
| Taxes | 450/3 | €4,530 | €5,362 | +€832 | +18.4% |
| Remuneration and social security | 454/9 | €4,964 | €12,738 | +€7,773 | +156.6% |
| Other amounts payable | 47/48 | €176,655 | €146,564 | -€30,091 | -17.0% |
| Accrued charges and deferred income | 492/3 | - | €710 | +€710 | |
| Remuneration, social security and pensions | 62 | €44,552 | €62,831 | +€18,279 | +41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,744 | €106,425 | -€11,319 | -9.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,379 | €10,648 | +€8,268 | +347.5% |
| Other operating charges | 640/8 | €6,539 | €5,118 | -€1,421 | -21.7% |
| Gross operating margin | 9900 | €673,299 | €639,072 | -€34,227 | -5.1% |
| Operating profit (loss) | 9901 | €502,086 | €454,050 | -€48,036 | -9.6% |
| Financial income | 75/76B | €9,997 | €7,703 | -€2,294 | -23.0% |
| Recurring financial income | 75 | €9,997 | €7,703 | -€2,294 | -23.0% |
| Financial charges | 65/66B | €76,860 | €67,965 | -€8,895 | -11.6% |
| Recurring financial charges | 65 | €76,860 | €67,965 | -€8,895 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €435,223 | €393,788 | -€41,435 | -9.5% |
| Income taxes | 67/77 | €103,211 | €96,920 | -€6,291 | -6.1% |
| Profit (loss) for the period | 9904 | €332,012 | €296,868 | -€35,144 | -10.6% |
| Transfer from tax-exempt reserves | 789 | - | €185,240 | +€185,240 | |
| Transfer to tax-exempt reserves | 689 | €168,400 | €84,200 | -€84,200 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €163,612 | €397,908 | +€234,296 | +143.2% |
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.