OTTIMO: 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.
OTTIMO
Largest movements
- Tangible fixed assets +€27,749
up €27,749 (+1,113%), from €2,494 to €30,243
of which Furniture and vehicles: +€28,028
- Receivables after one year -€7,960
down €7,960 (-100%), from €7,960 to €0
- Cash -€6,303
down €6,303 (-70.4%), from €8,950 to €2,648
mainly Investment in fixed assets (net) (-€34,211) and Tax, wage and social debts (-€10,850)
- Receivables within one year +€5,532
up €5,532 (+6.8%), from €81,852 to €87,384
of which Trade receivables: +€4,361
- Reserves +€16,582
up €16,582 (+76.8%), from €21,599 to €38,181
of which Distributable reserves: +€16,582
- Trade debts +€11,374
up €11,374 (+29.8%), from €38,213 to €49,586
- Tax, wage and social debts -€10,850
down €10,850 (-35.7%), from €30,382 to €19,532
of which Taxes: -€9,600
- Short-term financial debts +€8,711
new in 2025: €8,711
- Other debts -€7,000
down €7,000 (-100%), from €7,000 to €0
- Gross operating margin +€21,446
up €21,446 (+182%), from €11,774 to €33,220
- Depreciation +€4,591
up €4,591 (+245%), from €1,871 to €6,462
- Taxes +€3,191
up €3,191 (+131%), from €2,432 to €5,623
- Financial income -€1,093
down €1,093 (-30.5%), from €3,586 to €2,493
- Financial charges +€1,046
up €1,046 (+50.0%), from €2,091 to €3,137
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 | €107,194 | €126,011 | +€18,817 | +17.6% |
| Fixed assets | 21/28 | €2,494 | €30,243 | +€27,749 | +1,113% |
| Tangible fixed assets | 22/27 | €2,494 | €30,243 | +€27,749 | +1,113% |
| Plant, machinery and equipment | 23 | €672 | €393 | -€279 | -41.6% |
| Furniture and vehicles | 24 | €1,822 | €29,850 | +€28,028 | +1,538% |
| Current assets | 29/58 | €104,700 | €95,768 | -€8,932 | -8.5% |
| Amounts receivable after more than one year | 29 | €7,960 | €0 | -€7,960 | -100% |
| Other amounts receivable | 291 | €7,960 | €0 | -€7,960 | -100% |
| Stocks and contracts in progress | 3 | €2,540 | €2,263 | -€277 | -10.9% |
| Stocks | 30/36 | €2,540 | €2,263 | -€277 | -10.9% |
| Amounts receivable within one year | 40/41 | €81,852 | €87,384 | +€5,532 | +6.8% |
| Trade receivables | 40 | €20,299 | €24,660 | +€4,361 | +21.5% |
| Other amounts receivable | 41 | €61,553 | €62,724 | +€1,171 | +1.9% |
| Cash at bank and in hand | 54/58 | €8,950 | €2,648 | -€6,303 | -70.4% |
| Deferred charges and accrued income | 490/1 | €3,397 | €3,473 | +€76 | +2.2% |
| Total equity and liabilities | 10/49 | €107,194 | €126,011 | +€18,817 | +17.6% |
| Equity | 10/15 | €31,599 | €48,181 | +€16,582 | +52.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €21,599 | €38,181 | +€16,582 | +76.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,739 | €36,321 | +€16,582 | +84.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €75,595 | €77,830 | +€2,235 | +3.0% |
| Amounts payable within one year | 42/48 | €75,595 | €77,830 | +€2,235 | +3.0% |
| Financial debts | 43 | - | €8,711 | +€8,711 | |
| Credit institutions | 430/8 | - | €8,711 | +€8,711 | |
| Trade debts | 44 | €38,213 | €49,586 | +€11,374 | +29.8% |
| Suppliers | 440/4 | €38,213 | €49,586 | +€11,374 | +29.8% |
| Taxes, remuneration and social security | 45 | €30,382 | €19,532 | -€10,850 | -35.7% |
| Taxes | 450/3 | €29,132 | €19,532 | -€9,600 | -33.0% |
| Remuneration and social security | 454/9 | €1,250 | €0 | -€1,250 | -100% |
| Other amounts payable | 47/48 | €7,000 | €0 | -€7,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,871 | €6,462 | +€4,591 | +245% |
| Other operating charges | 640/8 | €3,466 | €3,909 | +€443 | +12.8% |
| Gross operating margin | 9900 | €11,774 | €33,220 | +€21,446 | +182% |
| Operating profit (loss) | 9901 | €6,437 | €22,849 | +€16,412 | +255% |
| Financial income | 75/76B | €3,586 | €2,493 | -€1,093 | -30.5% |
| Recurring financial income | 75 | €3,586 | €2,493 | -€1,093 | -30.5% |
| Financial charges | 65/66B | €2,091 | €3,137 | +€1,046 | +50.0% |
| Recurring financial charges | 65 | €2,091 | €3,137 | +€1,046 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €7,933 | €22,205 | +€14,272 | +180% |
| Income taxes | 67/77 | €2,432 | €5,623 | +€3,191 | +131% |
| Profit (loss) for the period | 9904 | €5,501 | €16,582 | +€11,081 | +201% |
| Profit (loss) for the period to be appropriated | 9905 | €5,501 | €16,582 | +€11,081 | +201% |
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.