OTTIMMO MANAGEMENT: 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.
OTTIMMO MANAGEMENT
Largest movements
- Financial fixed assets -€4.0m
no longer reported in 2025 (was €4.0m)
- Receivables after one year +€2.2m
new in 2025: €2.2m
- Cash +€1.1m
up €1.1m (+1,396%), from €76,013 to €1.1m
mainly Net result for the year (+€4.1m) and Investment in fixed assets (net) (+€4.0m)
- Receivables within one year -€163,694
down €163,694 (-42.3%), from €386,744 to €223,050
of which Trade receivables: -€99,157
- Other debts -€3.2m
down €3.2m (-100.0%), from €3.2m to €921
- Reserves +€2.6m
up €2.6m (+178%), from €1.5m to €4.1m
- Contributions -€920,000
down €920,000 (-97.9%), from €940,000 to €20,000
- Tax, wage and social debts +€607,234
up €607,234 (+1,338%), from €45,392 to €652,626
of which Taxes: +€601,664
- Financial income +€4.2m
up €4.2m (+512%), from €818,975 to €5.0m
of which Non-recurring financial income: +€4.2m
- Financial charges -€1.2m
down €1.2m (-59.1%), from €2.0m to €809,162
of which Non-recurring financial charges: -€913,750
- Gross operating margin -€180,964
down €180,964 (-38.0%), from €476,729 to €295,766
- Taxes +€168,130
up €168,130 (+979%), from €17,177 to €185,308
- Staff costs +€66,581
up €66,581 (+55.7%), from €119,616 to €186,197
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 | €5,984,335 | €5,077,058 | -€907,278 | -15.2% |
| Fixed assets | 21/28 | €5,521,251 | €1,470,801 | -€4.1m | -73.4% |
| Tangible fixed assets | 22/27 | €1,493,751 | €1,470,801 | -€22,949 | -1.5% |
| Land and buildings | 22 | €1,121,392 | €1,098,443 | -€22,949 | -2.0% |
| Other tangible fixed assets | 26 | €372,358 | €372,358 | = | 0.0% |
| Financial fixed assets | 28 | €4,027,500 | - | -€4.0m | |
| Current assets | 29/58 | €463,085 | €3,606,257 | +€3.1m | +679% |
| Amounts receivable after more than one year | 29 | - | €2,227,500 | +€2.2m | |
| Other amounts receivable | 291 | - | €2,227,500 | +€2.2m | |
| Amounts receivable within one year | 40/41 | €386,744 | €223,050 | -€163,694 | -42.3% |
| Trade receivables | 40 | €264,066 | €164,909 | -€99,157 | -37.6% |
| Other amounts receivable | 41 | €122,678 | €58,141 | -€64,537 | -52.6% |
| Cash at bank and in hand | 54/58 | €76,013 | €1,137,511 | +€1.1m | +1,396% |
| Deferred charges and accrued income | 490/1 | €328 | €18,195 | +€17,867 | +5,441% |
| Total equity and liabilities | 10/49 | €5,984,335 | €5,077,058 | -€907,278 | -15.2% |
| Equity | 10/15 | €2,404,449 | €4,085,295 | +€1.7m | +69.9% |
| Contributions | 10/11 | €940,000 | €20,000 | -€920,000 | -97.9% |
| Reserves | 13 | €1,464,449 | €4,065,295 | +€2.6m | +178% |
| Distributable reserves | 133 | €1,464,449 | €4,065,295 | +€2.6m | +178% |
| Amounts payable | 17/49 | €3,579,886 | €991,763 | -€2.6m | -72.3% |
| Amounts payable after more than one year | 17 | €281,918 | €243,398 | -€38,520 | -13.7% |
| Financial debts | 170/4 | €281,918 | €243,398 | -€38,520 | -13.7% |
| Amounts payable within one year | 42/48 | €3,291,515 | €748,365 | -€2.5m | -77.3% |
| Current portion of amounts payable after more than one year | 42 | €37,469 | €38,520 | +€1,050 | +2.8% |
| Trade debts | 44 | €50,453 | €56,298 | +€5,846 | +11.6% |
| Suppliers | 440/4 | €50,453 | €56,298 | +€5,846 | +11.6% |
| Taxes, remuneration and social security | 45 | €45,392 | €652,626 | +€607,234 | +1,338% |
| Taxes | 450/3 | €31,575 | €633,239 | +€601,664 | +1,906% |
| Remuneration and social security | 454/9 | €13,817 | €19,387 | +€5,570 | +40.3% |
| Other amounts payable | 47/48 | €3,158,201 | €921 | -€3.2m | -100.0% |
| Accrued charges and deferred income | 492/3 | €6,454 | - | -€6,454 | |
| Remuneration, social security and pensions | 62 | €119,616 | €186,197 | +€66,581 | +55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,900 | €57,399 | +€31,498 | +122% |
| Other operating charges | 640/8 | €4,478 | €4,022 | -€456 | -10.2% |
| Gross operating margin | 9900 | €476,729 | €295,766 | -€180,964 | -38.0% |
| Operating profit (loss) | 9901 | €326,735 | €48,148 | -€278,587 | -85.3% |
| Financial income | 75/76B | €818,975 | €5,011,617 | +€4.2m | +512% |
| Recurring financial income | 75 | €818,975 | €17,867 | -€801,108 | -97.8% |
| Non-recurring financial income | 76B | €818,975 | €4,993,750 | +€4.2m | +510% |
| Financial charges | 65/66B | €1,977,181 | €809,162 | -€1.2m | -59.1% |
| Recurring financial charges | 65 | €263,431 | €9,162 | -€254,269 | -96.5% |
| Non-recurring financial charges | 66B | €1,713,750 | €800,000 | -€913,750 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | -€831,471 | €4,250,603 | +€5.1m | |
| Income taxes | 67/77 | €17,177 | €185,308 | +€168,130 | +979% |
| Profit (loss) for the period | 9904 | -€848,649 | €4,065,295 | +€4.9m | |
| Profit (loss) for the period to be appropriated | 9905 | -€848,649 | €4,065,295 | +€4.9m |
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.