OtterIT: 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.
OtterIT
Largest movements
- Cash -€74,254
down €74,254 (-77.0%), from €96,460 to €22,206
mainly Contributions, distributions and other (-€58,000) and Tax, wage and social debts (-€14,053)
- Tangible fixed assets -€8,714
down €8,714 (-18.0%), from €48,346 to €39,632
of which Furniture and vehicles: -€7,790
- Receivables within one year +€3,316
up €3,316 (+10.8%), from €30,830 to €34,146
- Profit (loss) carried forward -€64,671
down €64,671 (-64.6%), from €100,167 to €35,496
- Tax, wage and social debts -€14,053
down €14,053 (-59.7%), from €23,552 to €9,499
of which Taxes: -€13,315
- Gross operating margin -€81,375
down €81,375 (-92.4%), from €88,023 to €6,647
- Taxes -€15,952
down €15,952 (-98.8%), from €16,150 to €198
- Depreciation +€3,984
up €3,984 (+46.6%), from €8,553 to €12,538
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 | €177,343 | €97,782 | -€79,561 | -44.9% |
| Fixed assets | 21/28 | €48,346 | €39,632 | -€8,714 | -18.0% |
| Tangible fixed assets | 22/27 | €48,346 | €39,632 | -€8,714 | -18.0% |
| Plant, machinery and equipment | 23 | €1,113 | €189 | -€924 | -83.0% |
| Furniture and vehicles | 24 | €47,233 | €39,442 | -€7,790 | -16.5% |
| Current assets | 29/58 | €128,997 | €58,151 | -€70,847 | -54.9% |
| Amounts receivable within one year | 40/41 | €30,830 | €34,146 | +€3,316 | +10.8% |
| Trade receivables | 40 | €30,830 | €34,146 | +€3,316 | +10.8% |
| Cash at bank and in hand | 54/58 | €96,460 | €22,206 | -€74,254 | -77.0% |
| Deferred charges and accrued income | 490/1 | €1,707 | €1,799 | +€92 | +5.4% |
| Total equity and liabilities | 10/49 | €177,343 | €97,782 | -€79,561 | -44.9% |
| Equity | 10/15 | €101,167 | €36,496 | -€64,671 | -63.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,167 | €35,496 | -€64,671 | -64.6% |
| Amounts payable | 17/49 | €76,176 | €61,286 | -€14,889 | -19.5% |
| Amounts payable within one year | 42/48 | €76,176 | €61,286 | -€14,889 | -19.5% |
| Trade debts | 44 | €925 | €1,452 | +€527 | +57.0% |
| Suppliers | 440/4 | €925 | €1,452 | +€527 | +57.0% |
| Taxes, remuneration and social security | 45 | €23,552 | €9,499 | -€14,053 | -59.7% |
| Taxes | 450/3 | €22,814 | €9,499 | -€13,315 | -58.4% |
| Remuneration and social security | 454/9 | €738 | - | -€738 | |
| Other amounts payable | 47/48 | €51,699 | €50,335 | -€1,363 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,553 | €12,538 | +€3,984 | +46.6% |
| Other operating charges | 640/8 | €776 | €459 | -€317 | -40.9% |
| Gross operating margin | 9900 | €88,023 | €6,647 | -€81,375 | -92.4% |
| Operating profit (loss) | 9901 | €78,693 | -€6,350 | -€85,042 | |
| Financial charges | 65/66B | €475 | €124 | -€351 | -73.9% |
| Recurring financial charges | 65 | €475 | €124 | -€351 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €78,217 | -€6,474 | -€84,691 | |
| Income taxes | 67/77 | €16,150 | €198 | -€15,952 | -98.8% |
| Profit (loss) for the period | 9904 | €62,067 | -€6,671 | -€68,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,067 | -€6,671 | -€68,739 |
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 9 October 2026 via checked.be.