OTRANTO: 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.
OTRANTO
Largest movements
- Current assets -€17,928
down €17,928 (-71.8%), from €24,966 to €7,038
of which Cash: -€19,870
- Financial fixed assets +€16,451
up €16,451 (+33436.6%), from €49 to €16,500
- Intangible fixed assets +€4,000
new in 2019: €4,000
- Tangible fixed assets +€800
new in 2019: €800
- Profit (loss) carried forward +€6,783
up €6,783 (+54.9%), from -€12,351 to -€5,568
- Debts -€3,460
down €3,460 (-18.4%), from €18,767 to €15,307
- Turnover +€173,760
new in 2019: €173,760
- Gross operating margin +€24,808
up €24,808 (+1526.2%), from €1,626 to €26,434
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,016 | €28,338 | +€3,323 | +13.3% |
| Fixed assets | 21/28 | €49 | €21,300 | +€21,251 | +43192.7% |
| Intangible fixed assets | 21 | - | €4,000 | +€4,000 | |
| Tangible fixed assets | 22/27 | - | €800 | +€800 | |
| Financial fixed assets | 28 | €49 | €16,500 | +€16,451 | +33436.6% |
| Current assets | 29/58 | €24,966 | €7,038 | -€17,928 | -71.8% |
| Stocks and contracts in progress | 3 | €3,614 | €2,104 | -€1,510 | -41.8% |
| Amounts receivable within one year | 40/41 | €48 | - | -€48 | |
| Cash at bank and in hand | 54/58 | €21,305 | €1,435 | -€19,870 | -93.3% |
| Total equity and liabilities | 10/49 | €25,016 | €28,338 | +€3,323 | +13.3% |
| Equity | 10/15 | €6,249 | €13,032 | +€6,783 | +108.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,351 | -€5,568 | +€6,783 | +54.9% |
| Amounts payable | 17/49 | €18,767 | €15,307 | -€3,460 | -18.4% |
| Amounts payable within one year | 42/48 | €6,267 | €15,307 | +€9,040 | +144.2% |
| Trade debts | 44 | €555 | €1,588 | +€1,033 | +186.0% |
| Turnover | 70 | - | €173,760 | +€173,760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,200 | +€1,200 | |
| Gross operating margin | 9900 | €1,626 | €26,434 | +€24,808 | +1526.2% |
| Operating profit (loss) | 9901 | -€8,760 | €8,741 | +€17,501 | |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Recurring financial charges | 65 | €3,531 | €1,849 | -€1,682 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,291 | €6,892 | +€19,183 | |
| Income taxes | 67/77 | €61 | €109 | +€49 | +80.3% |
| Profit (loss) for the period | 9904 | -€12,351 | €6,783 | +€19,134 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,351 | €6,783 | +€19,134 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.