OTSC: 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.
OTSC
Largest movements
- Stocks and contracts +€440,752
up €440,752 (+123%), from €359,538 to €800,291
- Receivables within one year +€61,957
up €61,957 (+1,300%), from €4,764 to €66,721
of which Other amounts receivable: +€56,378
- Deferred charges and accrued income +€16,021
up €16,021 (+589%), from €2,719 to €18,740
- Debts after one year +€324,000
up €324,000 (+162%), from €199,700 to €523,700
- Trade debts +€183,215
up €183,215 (+173%), from €105,789 to €289,004
- Accrued charges and deferred income +€18,675
up €18,675 (+256%), from €7,282 to €25,957
- Goods and materials +€68,960
up €68,960 (+19.6%), from €351,067 to €420,027
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 | €368,147 | €889,137 | +€520,990 | +142% |
| Current assets | 29/58 | €368,147 | €889,137 | +€520,990 | +142% |
| Stocks and contracts in progress | 3 | €359,538 | €800,291 | +€440,752 | +123% |
| Stocks | 30/36 | €359,538 | €800,291 | +€440,752 | +123% |
| Property held for sale | 35 | €359,538 | €800,291 | +€440,752 | +123% |
| Amounts receivable within one year | 40/41 | €4,764 | €66,721 | +€61,957 | +1,300% |
| Trade receivables | 40 | €1,010 | €6,589 | +€5,579 | +552% |
| Other amounts receivable | 41 | €3,754 | €60,132 | +€56,378 | +1,502% |
| Cash at bank and in hand | 54/58 | €1,125 | €3,385 | +€2,260 | +201% |
| Deferred charges and accrued income | 490/1 | €2,719 | €18,740 | +€16,021 | +589% |
| Total equity and liabilities | 10/49 | €368,147 | €889,137 | +€520,990 | +142% |
| Equity | 10/15 | €55,169 | €50,476 | -€4,693 | -8.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,331 | -€11,024 | -€4,693 | -74.1% |
| Amounts payable | 17/49 | €312,978 | €838,661 | +€525,684 | +168% |
| Amounts payable after more than one year | 17 | €199,700 | €523,700 | +€324,000 | +162% |
| Financial debts | 170/4 | €199,700 | €523,700 | +€324,000 | +162% |
| Credit institutions | 173 | - | €383,000 | +€383,000 | |
| Other loans | 174 | €199,700 | €140,700 | -€59,000 | -29.5% |
| Amounts payable within one year | 42/48 | €105,996 | €289,004 | +€183,009 | +173% |
| Trade debts | 44 | €105,789 | €289,004 | +€183,215 | +173% |
| Suppliers | 440/4 | €105,789 | €289,004 | +€183,215 | +173% |
| Taxes, remuneration and social security | 45 | €206 | €0 | -€206 | -100% |
| Taxes | 450/3 | €206 | €0 | -€206 | -100% |
| Accrued charges and deferred income | 492/3 | €7,282 | €25,957 | +€18,675 | +256% |
| Operating income | 70/76A | €351,067 | €422,202 | +€71,135 | +20.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €351,067 | €422,202 | +€71,135 | +20.3% |
| Operating charges | 60/66A | €352,908 | €424,598 | +€71,689 | +20.3% |
| Goods for resale, raw materials and consumables | 60 | €351,067 | €420,027 | +€68,960 | +19.6% |
| Purchases | 600/8 | €351,067 | €420,027 | +€68,960 | +19.6% |
| Services and other goods | 61 | €1,576 | €4,043 | +€2,467 | +157% |
| Other operating charges | 640/8 | €266 | €528 | +€262 | +98.5% |
| Operating profit (loss) | 9901 | -€1,841 | -€2,396 | -€554 | -30.1% |
| Financial income | 75/76B | €1,106 | €188 | -€918 | -83.0% |
| Recurring financial income | 75 | €1,106 | €188 | -€918 | -83.0% |
| Income from current assets | 751 | €1,106 | €188 | -€918 | -83.0% |
| Financial charges | 65/66B | €176 | €2,486 | +€2,310 | +1,310% |
| Recurring financial charges | 65 | €176 | €2,486 | +€2,310 | +1,310% |
| Debt charges | 650 | - | €2,175 | +€2,175 | |
| Other financial charges | 652/9 | €176 | €311 | +€135 | +76.4% |
| Profit (loss) for the period before taxes | 9903 | -€912 | -€4,693 | -€3,782 | -415% |
| Profit (loss) for the period | 9904 | -€912 | -€4,693 | -€3,782 | -415% |
| Profit (loss) for the period to be appropriated | 9905 | -€912 | -€4,693 | -€3,782 | -415% |
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 15 October 2026 via checked.be.