OTTCO: 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.
OTTCO
Largest movements
- Tangible fixed assets +€443,243
up €443,243 (+45.5%), from €973,997 to €1.4m
of which Land and buildings: +€1.1m
- Cash -€294,728
down €294,728 (-37.3%), from €789,146 to €494,418
mainly Investment in fixed assets (net) (-€463,425) and Net result for the year (-€168,715)
- Debts after one year +€325,593
new in 2026: €325,593
- Profit (loss) carried forward -€193,715
down €193,715 (-24.2%), from €800,693 to €606,978
- Trade debts -€21,913
down €21,913 (-58.7%), from €37,322 to €15,410
- Other debts +€21,341
up €21,341 (+360.8%), from €5,915 to €27,256
- Advances received +€20,378
new in 2026: €20,378
- Gross operating margin -€37,545
down €37,545 (-39.9%), from -€93,983 to -€131,529
- Depreciation +€18,612
up €18,612 (+1185.3%), from €1,570 to €20,182
- Financial income -€9,403
down €9,403 (-80.9%), from €11,630 to €2,227
- Other operating charges +€8,361
up €8,361 (+195.8%), from €4,269 to €12,630
- Financial charges +€3,726
up €3,726 (+138.4%), from €2,692 to €6,418
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,772,831 | €1,938,189 | +€165,359 | +9.3% |
| Fixed assets | 21/28 | €973,997 | €1,417,239 | +€443,243 | +45.5% |
| Tangible fixed assets | 22/27 | €973,997 | €1,417,239 | +€443,243 | +45.5% |
| Land and buildings | 22 | €276,356 | €1,385,535 | +€1.1m | +401.4% |
| Plant, machinery and equipment | 23 | €2,691 | €2,018 | -€673 | -25.0% |
| Furniture and vehicles | 24 | €126 | €29,686 | +€29,560 | +23523.8% |
| Assets under construction and advance payments | 27 | €694,824 | - | -€694,824 | |
| Current assets | 29/58 | €798,834 | €520,950 | -€277,884 | -34.8% |
| Amounts receivable within one year | 40/41 | €4,844 | €22,314 | +€17,469 | +360.6% |
| Trade receivables | 40 | - | €21,714 | +€21,714 | |
| Other amounts receivable | 41 | €4,844 | €600 | -€4,244 | -87.6% |
| Cash at bank and in hand | 54/58 | €789,146 | €494,418 | -€294,728 | -37.3% |
| Deferred charges and accrued income | 490/1 | €4,844 | €4,219 | -€626 | -12.9% |
| Total equity and liabilities | 10/49 | €1,772,831 | €1,938,189 | +€165,359 | +9.3% |
| Equity | 10/15 | €1,724,597 | €1,530,882 | -€193,715 | -11.2% |
| Contributions | 10/11 | €562,640 | €562,640 | = | 0.0% |
| Capital | 10 | €562,640 | €562,640 | = | 0.0% |
| Issued capital | 100 | €562,640 | €562,640 | = | 0.0% |
| Reserves | 13 | €361,264 | €361,264 | = | 0.0% |
| Non-distributable reserves | 130/1 | €56,264 | €56,264 | = | 0.0% |
| Legal reserve | 130 | €56,264 | €56,264 | = | 0.0% |
| Distributable reserves | 133 | €305,000 | €305,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €800,693 | €606,978 | -€193,715 | -24.2% |
| Amounts payable | 17/49 | €48,234 | €407,307 | +€359,073 | +744.4% |
| Amounts payable after more than one year | 17 | - | €325,593 | +€325,593 | |
| Financial debts | 170/4 | - | €325,593 | +€325,593 | |
| Amounts payable within one year | 42/48 | €47,658 | €81,536 | +€33,878 | +71.1% |
| Current portion of amounts payable after more than one year | 42 | - | €18,408 | +€18,408 | |
| Trade debts | 44 | €37,322 | €15,410 | -€21,913 | -58.7% |
| Suppliers | 440/4 | €37,322 | €15,410 | -€21,913 | -58.7% |
| Advances received on contracts in progress | 46 | - | €20,378 | +€20,378 | |
| Taxes, remuneration and social security | 45 | €4,421 | €84 | -€4,337 | -98.1% |
| Taxes | 450/3 | €4,421 | €84 | -€4,337 | -98.1% |
| Other amounts payable | 47/48 | €5,915 | €27,256 | +€21,341 | +360.8% |
| Accrued charges and deferred income | 492/3 | €576 | €178 | -€398 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,570 | €20,182 | +€18,612 | +1185.3% |
| Other operating charges | 640/8 | €4,269 | €12,630 | +€8,361 | +195.8% |
| Gross operating margin | 9900 | -€93,983 | -€131,529 | -€37,545 | -39.9% |
| Operating profit (loss) | 9901 | -€99,823 | -€164,341 | -€64,518 | -64.6% |
| Financial income | 75/76B | €11,630 | €2,227 | -€9,403 | -80.9% |
| Recurring financial income | 75 | €11,630 | €2,227 | -€9,403 | -80.9% |
| Financial charges | 65/66B | €2,692 | €6,418 | +€3,726 | +138.4% |
| Recurring financial charges | 65 | €2,692 | €6,418 | +€3,726 | +138.4% |
| Profit (loss) for the period before taxes | 9903 | -€90,885 | -€168,531 | -€77,646 | -85.4% |
| Income taxes | 67/77 | €197 | €183 | -€13 | -6.8% |
| Profit (loss) for the period | 9904 | -€91,081 | -€168,715 | -€77,633 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,081 | -€168,715 | -€77,633 | -85.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.