OTRAVIM: 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.
OTRAVIM
Largest movements
- Tangible fixed assets +€46,750
new in 2025: €46,750
- Receivables within one year -€11,714
down €11,714 (-21.0%), from €55,726 to €44,012
of which Trade receivables: -€11,314
- Cash +€9,082
up €9,082 (+63.5%), from €14,296 to €23,378
mainly Debts after one year (+€40,370) and Receivables within one year (+€11,714)
- Debts after one year +€40,370
new in 2025: €40,370
- Tax, wage and social debts +€4,248
up €4,248 (+41.1%), from €10,331 to €14,580
of which Taxes: +€4,194
- Trade debts -€2,574
down €2,574 (-11.4%), from €22,666 to €20,093
- Other debts +€1,304
up €1,304 (+131.8%), from €989 to €2,293
- Gross operating margin -€20,966
down €20,966 (-47.5%), from €44,138 to €23,173
- Staff costs +€9,897
new in 2025: €9,897
- Taxes -€4,898
down €4,898 (-50.6%), from €9,687 to €4,789
- Depreciation +€3,407
new in 2025: €3,407
- Other operating charges +€2,656
up €2,656 (+6640.6%), from €40 to €2,696
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 | €70,022 | €114,140 | +€44,118 | +63.0% |
| Fixed assets | 21/28 | - | €46,750 | +€46,750 | |
| Tangible fixed assets | 22/27 | - | €46,750 | +€46,750 | |
| Furniture and vehicles | 24 | - | €46,750 | +€46,750 | |
| Current assets | 29/58 | €70,022 | €67,390 | -€2,632 | -3.8% |
| Amounts receivable within one year | 40/41 | €55,726 | €44,012 | -€11,714 | -21.0% |
| Trade receivables | 40 | €55,201 | €43,887 | -€11,314 | -20.5% |
| Other amounts receivable | 41 | €525 | €125 | -€400 | -76.3% |
| Cash at bank and in hand | 54/58 | €14,296 | €23,378 | +€9,082 | +63.5% |
| Total equity and liabilities | 10/49 | €70,022 | €114,140 | +€44,118 | +63.0% |
| Equity | 10/15 | €36,035 | €36,804 | +€769 | +2.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,035 | €34,804 | +€769 | +2.3% |
| Amounts payable | 17/49 | €33,987 | €77,336 | +€43,349 | +127.5% |
| Amounts payable after more than one year | 17 | - | €40,370 | +€40,370 | |
| Financial debts | 170/4 | - | €40,370 | +€40,370 | |
| Amounts payable within one year | 42/48 | €33,987 | €36,966 | +€2,979 | +8.8% |
| Trade debts | 44 | €22,666 | €20,093 | -€2,574 | -11.4% |
| Suppliers | 440/4 | €22,666 | €20,093 | -€2,574 | -11.4% |
| Taxes, remuneration and social security | 45 | €10,331 | €14,580 | +€4,248 | +41.1% |
| Taxes | 450/3 | €10,331 | €14,525 | +€4,194 | +40.6% |
| Remuneration and social security | 454/9 | - | €54 | +€54 | |
| Other amounts payable | 47/48 | €989 | €2,293 | +€1,304 | +131.8% |
| Remuneration, social security and pensions | 62 | - | €9,897 | +€9,897 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,407 | +€3,407 | |
| Other operating charges | 640/8 | €40 | €2,696 | +€2,656 | +6640.6% |
| Gross operating margin | 9900 | €44,138 | €23,173 | -€20,966 | -47.5% |
| Operating profit (loss) | 9901 | €44,098 | €7,172 | -€36,927 | -83.7% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €393 | €1,614 | +€1,221 | +311.0% |
| Recurring financial charges | 65 | €393 | €1,614 | +€1,221 | +311.0% |
| Profit (loss) for the period before taxes | 9903 | €43,722 | €5,558 | -€38,164 | -87.3% |
| Income taxes | 67/77 | €9,687 | €4,789 | -€4,898 | -50.6% |
| Profit (loss) for the period | 9904 | €34,035 | €769 | -€33,266 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,035 | €769 | -€33,266 | -97.7% |
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.