OTTEVASIM: 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.
OTTEVASIM
Largest movements
- Cash +€20,957
up €20,957 (+27.9%), from €75,094 to €96,051
mainly Net result for the year (+€29,926) and Depreciation (+€10,347)
- Receivables within one year +€11,753
new in 2025: €11,753
- Tangible fixed assets -€10,347
down €10,347 (-24.1%), from €43,014 to €32,667
of which Furniture and vehicles: -€8,587
- Reserves +€29,926
up €29,926 (+48.8%), from €61,263 to €91,190
- Debts after one year -€8,787
down €8,787 (-58.0%), from €15,155 to €6,368
- Tax, wage and social debts +€2,456
up €2,456 (+20.8%), from €11,803 to €14,259
- Gross operating margin +€10,247
up €10,247 (+25.2%), from €40,701 to €50,948
- Taxes +€2,254
up €2,254 (+36.2%), from €6,232 to €8,486
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 | €118,108 | €140,471 | +€22,363 | +18.9% |
| Fixed assets | 21/28 | €43,014 | €32,667 | -€10,347 | -24.1% |
| Tangible fixed assets | 22/27 | €43,014 | €32,667 | -€10,347 | -24.1% |
| Land and buildings | 22 | €10,440 | €9,135 | -€1,305 | -12.5% |
| Plant, machinery and equipment | 23 | €1,793 | €1,337 | -€456 | -25.4% |
| Furniture and vehicles | 24 | €30,781 | €22,195 | -€8,587 | -27.9% |
| Current assets | 29/58 | €75,094 | €107,804 | +€32,710 | +43.6% |
| Amounts receivable within one year | 40/41 | - | €11,753 | +€11,753 | |
| Trade receivables | 40 | - | €11,753 | +€11,753 | |
| Cash at bank and in hand | 54/58 | €75,094 | €96,051 | +€20,957 | +27.9% |
| Total equity and liabilities | 10/49 | €118,108 | €140,471 | +€22,363 | +18.9% |
| Equity | 10/15 | €64,263 | €94,190 | +€29,926 | +46.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €61,263 | €91,190 | +€29,926 | +48.8% |
| Distributable reserves | 133 | €61,263 | €91,190 | +€29,926 | +48.8% |
| Amounts payable | 17/49 | €53,844 | €46,281 | -€7,564 | -14.0% |
| Amounts payable after more than one year | 17 | €15,155 | €6,368 | -€8,787 | -58.0% |
| Financial debts | 170/4 | €15,155 | €6,368 | -€8,787 | -58.0% |
| Amounts payable within one year | 42/48 | €38,689 | €39,912 | +€1,223 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €8,787 | €8,787 | -€0 | 0.0% |
| Trade debts | 44 | €1,551 | €885 | -€666 | -42.9% |
| Suppliers | 440/4 | €1,551 | €885 | -€666 | -42.9% |
| Taxes, remuneration and social security | 45 | €11,803 | €14,259 | +€2,456 | +20.8% |
| Taxes | 450/3 | €11,803 | €14,259 | +€2,456 | +20.8% |
| Other amounts payable | 47/48 | €16,548 | €15,982 | -€567 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,849 | €10,347 | +€499 | +5.1% |
| Other operating charges | 640/8 | €963 | €988 | +€25 | +2.6% |
| Gross operating margin | 9900 | €40,701 | €50,948 | +€10,247 | +25.2% |
| Operating profit (loss) | 9901 | €29,889 | €39,613 | +€9,724 | +32.5% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,384 | €1,204 | -€180 | -13.0% |
| Recurring financial charges | 65 | €1,384 | €1,204 | -€180 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €28,506 | €38,413 | +€9,907 | +34.8% |
| Income taxes | 67/77 | €6,232 | €8,486 | +€2,254 | +36.2% |
| Profit (loss) for the period | 9904 | €22,273 | €29,926 | +€7,653 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,273 | €29,926 | +€7,653 | +34.4% |
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 8 October 2026 via checked.be.