OTOMAT: 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.
OTOMAT
Largest movements
- Tangible fixed assets -€159,848
down €159,848 (-24.4%), from €655,920 to €496,072
of which Other tangible fixed assets: -€141,435
- Cash -€84,839
down €84,839 (-13.6%), from €622,828 to €537,989
mainly Debts after one year (-€308,353) and Trade debts (-€85,779)
- Receivables within one year -€58,940
down €58,940 (-26.9%), from €219,446 to €160,505
of which Trade receivables: -€29,942
- Debts after one year -€308,353
down €308,353 (-39.1%), from €787,651 to €479,298
- Profit (loss) carried forward +€105,852
up €105,852 (+21.0%), from -€504,252 to -€398,400
- Trade debts -€85,779
down €85,779 (-20.5%), from €419,071 to €333,293
- Current portion of long-term debt -€35,265
down €35,265 (-26.8%), from €131,364 to €96,098
- Gross operating margin -€504,806
down €504,806 (-14.1%), from €3.6m to €3.1m
- Depreciation -€199,143
down €199,143 (-44.0%), from €453,047 to €253,904
- Staff costs -€111,744
down €111,744 (-4.1%), from €2.7m to €2.6m
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 | €1,716,822 | €1,413,312 | -€303,509 | -17.7% |
| Fixed assets | 21/28 | €725,740 | €555,181 | -€170,559 | -23.5% |
| Intangible fixed assets | 21 | €22,768 | €12,057 | -€10,711 | -47.0% |
| Tangible fixed assets | 22/27 | €655,920 | €496,072 | -€159,848 | -24.4% |
| Plant, machinery and equipment | 23 | €137,661 | €121,995 | -€15,666 | -11.4% |
| Furniture and vehicles | 24 | €43,679 | €40,932 | -€2,747 | -6.3% |
| Other tangible fixed assets | 26 | €474,580 | €333,145 | -€141,435 | -29.8% |
| Financial fixed assets | 28 | €47,052 | €47,052 | = | 0.0% |
| Current assets | 29/58 | €991,082 | €858,131 | -€132,950 | -13.4% |
| Stocks and contracts in progress | 3 | €69,731 | €72,376 | +€2,645 | +3.8% |
| Stocks | 30/36 | €69,731 | €72,376 | +€2,645 | +3.8% |
| Amounts receivable within one year | 40/41 | €219,446 | €160,505 | -€58,940 | -26.9% |
| Trade receivables | 40 | €74,007 | €44,065 | -€29,942 | -40.5% |
| Other amounts receivable | 41 | €145,439 | €116,440 | -€28,999 | -19.9% |
| Cash at bank and in hand | 54/58 | €622,828 | €537,989 | -€84,839 | -13.6% |
| Deferred charges and accrued income | 490/1 | €79,077 | €87,260 | +€8,184 | +10.3% |
| Total equity and liabilities | 10/49 | €1,716,822 | €1,413,312 | -€303,509 | -17.7% |
| Equity | 10/15 | €5,748 | €111,600 | +€105,852 | +1841.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €260,000 | €260,000 | = | 0.0% |
| Distributable reserves | 133 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€504,252 | -€398,400 | +€105,852 | +21.0% |
| Amounts payable | 17/49 | €1,711,074 | €1,301,712 | -€409,362 | -23.9% |
| Amounts payable after more than one year | 17 | €787,651 | €479,298 | -€308,353 | -39.1% |
| Financial debts | 170/4 | €787,651 | €479,298 | -€308,353 | -39.1% |
| Amounts payable within one year | 42/48 | €891,577 | €780,825 | -€110,753 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €131,364 | €96,098 | -€35,265 | -26.8% |
| Financial debts | 43 | €3,510 | €6,913 | +€3,404 | +97.0% |
| Credit institutions | 430/8 | €3,510 | €6,913 | +€3,404 | +97.0% |
| Trade debts | 44 | €419,071 | €333,293 | -€85,779 | -20.5% |
| Suppliers | 440/4 | €419,071 | €333,293 | -€85,779 | -20.5% |
| Advances received on contracts in progress | 46 | €24,465 | €27,398 | +€2,933 | +12.0% |
| Taxes, remuneration and social security | 45 | €312,896 | €317,123 | +€4,227 | +1.4% |
| Taxes | 450/3 | €49,294 | €51,787 | +€2,493 | +5.1% |
| Remuneration and social security | 454/9 | €263,602 | €265,336 | +€1,734 | +0.7% |
| Other amounts payable | 47/48 | €272 | - | -€272 | |
| Accrued charges and deferred income | 492/3 | €31,846 | €41,590 | +€9,744 | +30.6% |
| Non-recurring operating income | 76A | €205,620 | €10,939 | -€194,681 | -94.7% |
| Remuneration, social security and pensions | 62 | €2,710,273 | €2,598,529 | -€111,744 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €453,047 | €253,904 | -€199,143 | -44.0% |
| Other operating charges | 640/8 | €50,199 | €30,738 | -€19,460 | -38.8% |
| Gross operating margin | 9900 | €3,574,287 | €3,069,481 | -€504,806 | -14.1% |
| Operating profit (loss) | 9901 | €360,769 | €186,309 | -€174,459 | -48.4% |
| Financial income | 75/76B | €278 | €138 | -€139 | -50.3% |
| Recurring financial income | 75 | €278 | €138 | -€139 | -50.3% |
| Financial charges | 65/66B | €94,483 | €79,741 | -€14,743 | -15.6% |
| Recurring financial charges | 65 | €94,422 | €77,662 | -€16,760 | -17.8% |
| Non-recurring financial charges | 66B | €61 | €2,079 | +€2,018 | +3286.5% |
| Profit (loss) for the period before taxes | 9903 | €266,563 | €106,707 | -€159,856 | -60.0% |
| Income taxes | 67/77 | €939 | €855 | -€84 | -9.0% |
| Profit (loss) for the period | 9904 | €265,624 | €105,852 | -€159,772 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €265,624 | €105,852 | -€159,772 | -60.1% |
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 9 October 2026 via checked.be.