OTTOP: 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.
OTTOP
Largest movements
- Cash +€73,790
up €73,790 (+45.8%), from €161,044 to €234,833
mainly Net result for the year (+€69,047) and Depreciation (+€4,735)
- Reserves +€69,000
up €69,000 (+18.7%), from €369,549 to €438,549
of which Distributable reserves: +€69,000
- Gross operating margin +€34,394
up €34,394 (+20.4%), from €168,644 to €203,038
- Staff costs +€22,876
up €22,876 (+27.4%), from €83,562 to €106,438
- Financial income -€2,227
down €2,227 (-34.6%), from €6,431 to €4,204
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 | €448,057 | €521,955 | +€73,897 | +16.5% |
| Fixed assets | 21/28 | €8,116 | €9,048 | +€932 | +11.5% |
| Tangible fixed assets | 22/27 | €8,116 | €9,048 | +€932 | +11.5% |
| Plant, machinery and equipment | 23 | €3,559 | €2,893 | -€665 | -18.7% |
| Furniture and vehicles | 24 | €4,557 | €6,155 | +€1,597 | +35.1% |
| Current assets | 29/58 | €439,941 | €512,907 | +€72,965 | +16.6% |
| Amounts receivable within one year | 40/41 | €28,898 | €28,073 | -€824 | -2.9% |
| Trade receivables | 40 | €21,233 | €22,753 | +€1,520 | +7.2% |
| Other amounts receivable | 41 | €7,665 | €5,320 | -€2,344 | -30.6% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €161,044 | €234,833 | +€73,790 | +45.8% |
| Total equity and liabilities | 10/49 | €448,057 | €521,955 | +€73,897 | +16.5% |
| Equity | 10/15 | €387,678 | €456,725 | +€69,047 | +17.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €369,549 | €438,549 | +€69,000 | +18.7% |
| Tax-exempt reserves | 132 | €4,159 | €4,159 | = | 0.0% |
| Distributable reserves | 133 | €365,390 | €434,390 | +€69,000 | +18.9% |
| Profit (loss) carried forward | 14 | €5,729 | €5,776 | +€47 | +0.8% |
| Amounts payable | 17/49 | €60,379 | €65,229 | +€4,850 | +8.0% |
| Amounts payable within one year | 42/48 | €60,379 | €65,229 | +€4,850 | +8.0% |
| Trade debts | 44 | €5,936 | €4,834 | -€1,103 | -18.6% |
| Suppliers | 440/4 | €5,936 | €4,834 | -€1,103 | -18.6% |
| Taxes, remuneration and social security | 45 | €42,865 | €46,896 | +€4,031 | +9.4% |
| Taxes | 450/3 | €21,763 | €23,696 | +€1,932 | +8.9% |
| Remuneration and social security | 454/9 | €21,102 | €23,200 | +€2,098 | +9.9% |
| Other amounts payable | 47/48 | €11,578 | €13,500 | +€1,922 | +16.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €83,562 | €106,438 | +€22,876 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,731 | €4,735 | +€1,005 | +26.9% |
| Other operating charges | 640/8 | €668 | €437 | -€231 | -34.6% |
| Gross operating margin | 9900 | €168,644 | €203,038 | +€34,394 | +20.4% |
| Operating profit (loss) | 9901 | €80,683 | €91,428 | +€10,745 | +13.3% |
| Financial income | 75/76B | €6,431 | €4,204 | -€2,227 | -34.6% |
| Recurring financial income | 75 | €6,431 | €4,204 | -€2,227 | -34.6% |
| Financial charges | 65/66B | €63 | €116 | +€53 | +83.5% |
| Recurring financial charges | 65 | €63 | €116 | +€53 | +83.5% |
| Profit (loss) for the period before taxes | 9903 | €87,051 | €95,516 | +€8,465 | +9.7% |
| Income taxes | 67/77 | €24,518 | €26,469 | +€1,951 | +8.0% |
| Profit (loss) for the period | 9904 | €62,533 | €69,047 | +€6,514 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,533 | €69,047 | +€6,514 | +10.4% |
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 5 October 2026 via checked.be.