OTON: 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.
OTON
Largest movements
- Stocks and contracts -€1.0m
down €1.0m (-42.3%), from €2.4m to €1.4m
- Short-term financial debts -€932,706
down €932,706 (-48.3%), from €1.9m to €1.0m
- Profit (loss) carried forward -€256,852
down €256,852 (-142%), from -€180,925 to -€437,777
- Other debts +€156,329
up €156,329 (+718%), from €21,780 to €178,109
- Debts after one year -€50,000
down €50,000 (-7.7%), from €650,000 to €600,000
- Trade debts +€46,238
up €46,238 (+55.4%), from €83,465 to €129,703
- Gross operating margin -€145,354
down €145,354 (-1,501%), from -€9,687 to -€155,041
- Financial charges +€12,830
up €12,830 (+17.3%), from €74,026 to €86,856
- Depreciation +€2,816
up €2,816 (+24.0%), from €11,721 to €14,537
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 | €2,557,026 | €1,520,035 | -€1.0m | -40.6% |
| Fixed assets | 21/28 | €66,289 | €45,111 | -€21,178 | -31.9% |
| Intangible fixed assets | 21 | €58,993 | €45,111 | -€13,881 | -23.5% |
| Tangible fixed assets | 22/27 | €7,297 | - | -€7,297 | |
| Plant, machinery and equipment | 23 | €656 | - | -€656 | |
| Furniture and vehicles | 24 | €6,641 | - | -€6,641 | |
| Current assets | 29/58 | €2,490,737 | €1,474,924 | -€1.0m | -40.8% |
| Stocks and contracts in progress | 3 | €2,420,592 | €1,395,845 | -€1.0m | -42.3% |
| Stocks | 30/36 | €2,420,592 | €1,395,845 | -€1.0m | -42.3% |
| Amounts receivable within one year | 40/41 | €70,145 | €56,437 | -€13,708 | -19.5% |
| Trade receivables | 40 | €60,975 | - | -€60,975 | |
| Other amounts receivable | 41 | €9,170 | €56,437 | +€47,267 | +515% |
| Cash at bank and in hand | 54/58 | - | €22,642 | +€22,642 | |
| Total equity and liabilities | 10/49 | €2,557,026 | €1,520,035 | -€1.0m | -40.6% |
| Equity | 10/15 | -€130,925 | -€387,777 | -€256,852 | -196% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,925 | -€437,777 | -€256,852 | -142% |
| Amounts payable | 17/49 | €2,687,951 | €1,907,812 | -€780,139 | -29.0% |
| Amounts payable after more than one year | 17 | €650,000 | €600,000 | -€50,000 | -7.7% |
| Financial debts | 170/4 | €650,000 | €600,000 | -€50,000 | -7.7% |
| Amounts payable within one year | 42/48 | €2,037,951 | €1,307,812 | -€730,139 | -35.8% |
| Financial debts | 43 | €1,932,706 | €1,000,000 | -€932,706 | -48.3% |
| Credit institutions | 430/8 | €1,932,706 | €1,000,000 | -€932,706 | -48.3% |
| Trade debts | 44 | €83,465 | €129,703 | +€46,238 | +55.4% |
| Suppliers | 440/4 | €83,465 | €129,703 | +€46,238 | +55.4% |
| Other amounts payable | 47/48 | €21,780 | €178,109 | +€156,329 | +718% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,721 | €14,537 | +€2,816 | +24.0% |
| Other operating charges | 640/8 | €790 | €422 | -€368 | -46.6% |
| Gross operating margin | 9900 | -€9,687 | -€155,041 | -€145,354 | -1,501% |
| Operating profit (loss) | 9901 | -€22,198 | -€170,000 | -€147,802 | -666% |
| Financial income | 75/76B | €769 | €5 | -€764 | -99.4% |
| Recurring financial income | 75 | €769 | €5 | -€764 | -99.4% |
| Financial charges | 65/66B | €74,026 | €86,856 | +€12,830 | +17.3% |
| Recurring financial charges | 65 | €74,026 | €86,856 | +€12,830 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | -€95,455 | -€256,852 | -€161,397 | -169% |
| Profit (loss) for the period | 9904 | -€95,455 | -€256,852 | -€161,397 | -169% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,455 | -€256,852 | -€161,397 | -169% |
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 13 October 2026 via checked.be.