Otone: 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.
Otone
Largest movements
- Receivables within one year -€9,227
down €9,227 (-94.1%), from €9,804 to €577
of which Trade receivables: -€9,804
- Cash -€8,716
down €8,716 (-12.4%), from €70,546 to €61,829
mainly Other debts (-€33,675) and Tax, wage and social debts (-€16,238)
- Tangible fixed assets -€4,865
down €4,865 (-28.6%), from €16,986 to €12,120
- Other debts -€33,675
down €33,675 (-97.4%), from €34,566 to €891
- Profit (loss) carried forward +€31,987
up €31,987 (+149.2%), from €21,436 to €53,423
- Tax, wage and social debts -€16,238
no longer reported in 2025 (was €16,238)
- Accrued charges and deferred income -€4,325
down €4,325 (-63.4%), from €6,825 to €2,500
- Gross operating margin +€5,741
up €5,741 (+13.0%), from €44,177 to €49,918
- Other operating charges +€3,923
up €3,923 (+688.4%), from €570 to €4,493
- Taxes -€3,379
down €3,379 (-30.5%), from €11,069 to €7,691
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 | €103,253 | €81,112 | -€22,140 | -21.4% |
| Formation expenses | 20 | €423 | €141 | -€282 | -66.7% |
| Fixed assets | 21/28 | €21,986 | €17,120 | -€4,865 | -22.1% |
| Tangible fixed assets | 22/27 | €16,986 | €12,120 | -€4,865 | -28.6% |
| Furniture and vehicles | 24 | €16,986 | €12,120 | -€4,865 | -28.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €80,844 | €63,851 | -€16,993 | -21.0% |
| Amounts receivable within one year | 40/41 | €9,804 | €577 | -€9,227 | -94.1% |
| Trade receivables | 40 | €9,804 | - | -€9,804 | |
| Other amounts receivable | 41 | - | €577 | +€577 | |
| Cash at bank and in hand | 54/58 | €70,546 | €61,829 | -€8,716 | -12.4% |
| Deferred charges and accrued income | 490/1 | €495 | €1,445 | +€950 | +192.0% |
| Total equity and liabilities | 10/49 | €103,253 | €81,112 | -€22,140 | -21.4% |
| Equity | 10/15 | €41,436 | €73,423 | +€31,987 | +77.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,436 | €53,423 | +€31,987 | +149.2% |
| Amounts payable | 17/49 | €61,817 | €7,689 | -€54,128 | -87.6% |
| Amounts payable within one year | 42/48 | €54,992 | €5,189 | -€49,803 | -90.6% |
| Trade debts | 44 | €4,189 | €4,298 | +€110 | +2.6% |
| Suppliers | 440/4 | €4,189 | €4,298 | +€110 | +2.6% |
| Taxes, remuneration and social security | 45 | €16,238 | - | -€16,238 | |
| Taxes | 450/3 | €16,238 | - | -€16,238 | |
| Other amounts payable | 47/48 | €34,566 | €891 | -€33,675 | -97.4% |
| Accrued charges and deferred income | 492/3 | €6,825 | €2,500 | -€4,325 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,992 | €5,607 | -€385 | -6.4% |
| Other operating charges | 640/8 | €570 | €4,493 | +€3,923 | +688.4% |
| Gross operating margin | 9900 | €44,177 | €49,918 | +€5,741 | +13.0% |
| Operating profit (loss) | 9901 | €37,615 | €39,818 | +€2,203 | +5.9% |
| Financial charges | 65/66B | €126 | €140 | +€13 | +10.4% |
| Recurring financial charges | 65 | €126 | €140 | +€13 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €37,488 | €39,678 | +€2,190 | +5.8% |
| Income taxes | 67/77 | €11,069 | €7,691 | -€3,379 | -30.5% |
| Profit (loss) for the period | 9904 | €26,419 | €31,987 | +€5,569 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,419 | €31,987 | +€5,569 | +21.1% |
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 10 October 2026 via checked.be.