OTTEN: 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.
OTTEN
Largest movements
- Deferred charges and accrued income -€3,428
no longer reported in 2024 (was €3,428)
- Cash -€2,726
down €2,726 (-44.9%), from €6,067 to €3,341
mainly Trade debts (-€8,079) and Current portion of long-term debt (-€2,097)
- Receivables within one year -€595
down €595 (-1.8%), from €33,595 to €33,000
of which Trade receivables: -€22,630
- Trade debts -€8,079
no longer reported in 2024 (was €8,079)
- Profit (loss) carried forward +€5,900
up €5,900 (+46.7%), from €12,633 to €18,533
- Current portion of long-term debt -€2,097
no longer reported in 2024 (was €2,097)
- Other debts -€1,500
no longer reported in 2024 (was €1,500)
- Short-term financial debts -€1,007
no longer reported in 2024 (was €1,007)
- Gross operating margin -€15,391
down €15,391 (-36.4%), from €42,277 to €26,886
- Staff costs -€3,790
down €3,790 (-27.8%), from €13,641 to €9,851
- Other operating charges +€511
up €511 (+7.9%), from €6,489 to €7,000
- Financial income -€425
no longer reported in 2024 (was €425)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,923 | €39,174 | -€6,749 | -14.7% |
| Fixed assets | 21/28 | €2,833 | €2,833 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €1,545 | €1,545 | -€0 | 0.0% |
| Plant, machinery and equipment | 23 | €441 | €300 | -€141 | -32.0% |
| Furniture and vehicles | 24 | €1,104 | €1,245 | +€141 | +12.8% |
| Financial fixed assets | 28 | €1,288 | €1,288 | = | 0.0% |
| Current assets | 29/58 | €43,090 | €36,341 | -€6,749 | -15.7% |
| Amounts receivable within one year | 40/41 | €33,595 | €33,000 | -€595 | -1.8% |
| Trade receivables | 40 | €22,630 | - | -€22,630 | |
| Other amounts receivable | 41 | €10,965 | €33,000 | +€22,035 | +201% |
| Cash at bank and in hand | 54/58 | €6,067 | €3,341 | -€2,726 | -44.9% |
| Deferred charges and accrued income | 490/1 | €3,428 | - | -€3,428 | |
| Total equity and liabilities | 10/49 | €45,923 | €39,174 | -€6,749 | -14.7% |
| Equity | 10/15 | €33,093 | €38,993 | +€5,900 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,633 | €18,533 | +€5,900 | +46.7% |
| Amounts payable | 17/49 | €12,830 | €181 | -€12,649 | -98.6% |
| Amounts payable within one year | 42/48 | €12,830 | €181 | -€12,649 | -98.6% |
| Current portion of amounts payable after more than one year | 42 | €2,097 | - | -€2,097 | |
| Financial debts | 43 | €1,007 | - | -€1,007 | |
| Credit institutions | 430/8 | €1,007 | - | -€1,007 | |
| Trade debts | 44 | €8,079 | - | -€8,079 | |
| Suppliers | 440/4 | €8,079 | - | -€8,079 | |
| Taxes, remuneration and social security | 45 | €147 | €181 | +€34 | +23.1% |
| Remuneration and social security | 454/9 | €147 | €181 | +€34 | +23.1% |
| Other amounts payable | 47/48 | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €13,641 | €9,851 | -€3,790 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | €1,435 | +€0 | 0.0% |
| Other operating charges | 640/8 | €6,489 | €7,000 | +€511 | +7.9% |
| Gross operating margin | 9900 | €42,277 | €26,886 | -€15,391 | -36.4% |
| Operating profit (loss) | 9901 | €20,713 | €8,600 | -€12,113 | -58.5% |
| Financial income | 75/76B | €425 | - | -€425 | |
| Recurring financial income | 75 | €425 | - | -€425 | |
| Financial charges | 65/66B | €2,750 | €2,700 | -€50 | -1.8% |
| Recurring financial charges | 65 | €2,750 | €2,700 | -€50 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €18,388 | €5,900 | -€12,488 | -67.9% |
| Profit (loss) for the period | 9904 | €18,388 | €5,900 | -€12,488 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,388 | €5,900 | -€12,488 | -67.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.