OTTO OFFICE (BE): 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.
What changed
OTTO OFFICE (BE)
NACE 47.120, Other non-specialised retail sale
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€386,812
2024 · €629,762-€242,949
Equity
€427,219
2024 · €427,219
Cash
€191,714
2024 · €212,291-€20,577
Balance sheet total
€1.4m
2024 · €1.7m-€295,729
Largest movements
Assets
- Receivables within one year -€280,657
down €280,657 (-19.7%), from €1.4m to €1.1m
of which Other amounts receivable: -€208,330
- Cash -€20,577
down €20,577 (-9.7%), from €212,291 to €191,714
mainly Contributions, distributions and other (-€386,812) and Other debts (-€242,949)
Equity and liabilities
- Other debts -€242,949
down €242,949 (-38.6%), from €629,762 to €386,812
- Trade debts -€43,567
down €43,567 (-9.1%), from €476,554 to €432,986
Income statement
- Gross operating margin -€206,287
down €206,287 (-15.8%), from €1.3m to €1.1m
- Financial income -€38,087
down €38,087 (-46.8%), from €81,356 to €43,270
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.
Result 2024
€629,762
Gross operating margin
-€206,287
Staff costs
+€7,504
Depreciation
-€220
Write-downs
-€2,000
Provisions
-€6,165
Other operating charges
-€1,158
Other operating items
+€1,485
Financial income
-€38,087
Financial charges
+€923
Taxes
+€1,056
Result 2025
€386,812
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€374,051
Investment
-€7,815
Financing
-€386,812
Cash 2024
€212,291
From operations (derived)
+€374,051
Net result for the year
+€386,812
Depreciation
+€3,408
Receivables within one year
+€280,657
Deferred charges and accrued income
-€1,098
Provisions
+€3,277
Trade debts
-€43,567
Tax, wage and social debts
-€8,856
Advances received
-€3,633
Other debts
-€242,949
Investment (derived)
-€7,815
Investment in fixed assets (net)
-€7,815
Financing
-€386,812
Contributions, distributions and other
-€386,812
Cash 2025
€191,714
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,693,738 | €1,398,009 | -€295,729 | -17.5% |
| Fixed assets | 21/28 | €15,347 | €19,754 | +€4,407 | +28.7% |
| Tangible fixed assets | 22/27 | €11,272 | €7,864 | -€3,408 | -30.2% |
| Plant, machinery and equipment | 23 | €11,272 | €7,864 | -€3,408 | -30.2% |
| Financial fixed assets | 28 | €4,075 | €11,890 | +€7,815 | +192% |
| Current assets | 29/58 | €1,678,391 | €1,378,255 | -€300,136 | -17.9% |
| Amounts receivable within one year | 40/41 | €1,421,644 | €1,140,986 | -€280,657 | -19.7% |
| Trade receivables | 40 | €541,356 | €469,028 | -€72,328 | -13.4% |
| Other amounts receivable | 41 | €880,288 | €671,958 | -€208,330 | -23.7% |
| Cash at bank and in hand | 54/58 | €212,291 | €191,714 | -€20,577 | -9.7% |
| Deferred charges and accrued income | 490/1 | €44,457 | €45,555 | +€1,098 | +2.5% |
| Total equity and liabilities | 10/49 | €1,693,738 | €1,398,009 | -€295,729 | -17.5% |
| Equity | 10/15 | €427,219 | €427,219 | = | 0.0% |
| Contributions | 10/11 | €388,381 | €388,381 | = | 0.0% |
| Capital | 10 | €388,381 | €388,381 | = | 0.0% |
| Issued capital | 100 | €388,381 | €388,381 | = | 0.0% |
| Reserves | 13 | €38,838 | €38,838 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38,838 | €38,838 | = | 0.0% |
| Legal reserve | 130 | €38,838 | €38,838 | = | 0.0% |
| Provisions and deferred taxes | 16 | €36,904 | €40,181 | +€3,277 | +8.9% |
| Provisions for liabilities and charges | 160/5 | €36,904 | €40,181 | +€3,277 | +8.9% |
| Pensions and similar obligations | 160 | €26,904 | €31,181 | +€4,277 | +15.9% |
| Other liabilities and charges | 164/5 | €10,000 | €9,000 | -€1,000 | -10.0% |
| Amounts payable | 17/49 | €1,229,615 | €930,609 | -€299,006 | -24.3% |
| Amounts payable within one year | 42/48 | €1,229,615 | €930,609 | -€299,006 | -24.3% |
| Trade debts | 44 | €476,554 | €432,986 | -€43,567 | -9.1% |
| Suppliers | 440/4 | €476,554 | €432,986 | -€43,567 | -9.1% |
| Advances received on contracts in progress | 46 | €15,109 | €11,476 | -€3,633 | -24.0% |
| Taxes, remuneration and social security | 45 | €108,190 | €99,334 | -€8,856 | -8.2% |
| Taxes | 450/3 | €17,125 | €8,389 | -€8,736 | -51.0% |
| Remuneration and social security | 454/9 | €91,065 | €90,945 | -€120 | -0.1% |
| Other amounts payable | 47/48 | €629,762 | €386,812 | -€242,949 | -38.6% |
| Remuneration, social security and pensions | 62 | €555,683 | €548,179 | -€7,504 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,188 | €3,408 | +€220 | +6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,000 | -€7,000 | +€2,000 | +22.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,888 | €3,277 | +€6,165 | |
| Other operating charges | 640/8 | €32,686 | €33,844 | +€1,158 | +3.5% |
| Non-recurring operating charges | 66A | €1,485 | - | -€1,485 | |
| Gross operating margin | 9900 | €1,301,971 | €1,095,685 | -€206,287 | -15.8% |
| Operating profit (loss) | 9901 | €720,817 | €513,976 | -€206,841 | -28.7% |
| Financial income | 75/76B | €81,356 | €43,270 | -€38,087 | -46.8% |
| Recurring financial income | 75 | €81,356 | €43,270 | -€38,087 | -46.8% |
| Financial charges | 65/66B | €20,946 | €20,024 | -€923 | -4.4% |
| Recurring financial charges | 65 | €20,946 | €20,024 | -€923 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €781,227 | €537,222 | -€244,005 | -31.2% |
| Income taxes | 67/77 | €151,465 | €150,410 | -€1,056 | -0.7% |
| Profit (loss) for the period | 9904 | €629,762 | €386,812 | -€242,949 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €629,762 | €386,812 | -€242,949 | -38.6% |
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 18 October 2026 via checked.be.