Otto & Mirko: 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.
Otto & Mirko
Largest movements
- Cash +€39,450
up €39,450 (+59.7%), from €66,047 to €105,497
mainly Net result for the year (+€36,364) and Depreciation (+€4,894)
- Tangible fixed assets -€3,504
down €3,504 (-23.0%), from €15,248 to €11,744
of which Furniture and vehicles: -€2,703
- Receivables within one year +€3,107
up €3,107 (+21.5%), from €14,479 to €17,587
of which Trade receivables: +€4,148
- Reserves +€36,364
up €36,364 (+42.0%), from €86,503 to €122,866
- Tax, wage and social debts +€2,372
up €2,372 (+65.1%), from €3,646 to €6,019
- Gross operating margin -€61,142
down €61,142 (-54.1%), from €112,982 to €51,840
- Taxes -€12,995
down €12,995 (-55.2%), from €23,522 to €10,526
- Financial income -€2,682
down €2,682 (-86.6%), from €3,099 to €417
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 | €95,774 | €134,828 | +€39,053 | +40.8% |
| Fixed assets | 21/28 | €15,248 | €11,744 | -€3,504 | -23.0% |
| Tangible fixed assets | 22/27 | €15,248 | €11,744 | -€3,504 | -23.0% |
| Land and buildings | 22 | €3,311 | €2,295 | -€1,015 | -30.7% |
| Plant, machinery and equipment | 23 | €5,684 | €5,898 | +€214 | +3.8% |
| Furniture and vehicles | 24 | €6,253 | €3,550 | -€2,703 | -43.2% |
| Current assets | 29/58 | €80,526 | €123,084 | +€42,558 | +52.8% |
| Amounts receivable within one year | 40/41 | €14,479 | €17,587 | +€3,107 | +21.5% |
| Trade receivables | 40 | €9,049 | €13,197 | +€4,148 | +45.8% |
| Other amounts receivable | 41 | €5,430 | €4,390 | -€1,041 | -19.2% |
| Cash at bank and in hand | 54/58 | €66,047 | €105,497 | +€39,450 | +59.7% |
| Total equity and liabilities | 10/49 | €95,774 | €134,828 | +€39,053 | +40.8% |
| Equity | 10/15 | €91,503 | €127,866 | +€36,364 | +39.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €86,503 | €122,866 | +€36,364 | +42.0% |
| Distributable reserves | 133 | €86,503 | €122,866 | +€36,364 | +42.0% |
| Amounts payable | 17/49 | €4,272 | €6,961 | +€2,690 | +63.0% |
| Amounts payable within one year | 42/48 | €4,272 | €6,961 | +€2,690 | +63.0% |
| Trade debts | 44 | €625 | €943 | +€317 | +50.7% |
| Suppliers | 440/4 | €625 | €943 | +€317 | +50.7% |
| Taxes, remuneration and social security | 45 | €3,646 | €6,019 | +€2,372 | +65.1% |
| Taxes | 450/3 | €3,646 | €6,019 | +€2,372 | +65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,312 | €4,894 | -€419 | -7.9% |
| Other operating charges | 640/8 | €675 | €428 | -€248 | -36.7% |
| Gross operating margin | 9900 | €112,982 | €51,840 | -€61,142 | -54.1% |
| Operating profit (loss) | 9901 | €106,994 | €46,519 | -€60,475 | -56.5% |
| Financial income | 75/76B | €3,099 | €417 | -€2,682 | -86.6% |
| Recurring financial income | 75 | €3,099 | €417 | -€2,682 | -86.6% |
| Financial charges | 65/66B | €68 | €45 | -€23 | -33.9% |
| Recurring financial charges | 65 | €68 | €45 | -€23 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €110,024 | €46,890 | -€63,134 | -57.4% |
| Income taxes | 67/77 | €23,522 | €10,526 | -€12,995 | -55.2% |
| Profit (loss) for the period | 9904 | €86,503 | €36,364 | -€50,139 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,503 | €36,364 | -€50,139 | -58.0% |
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 23 October 2026 via checked.be.