OTTRE: 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.
OTTRE
Largest movements
- Tangible fixed assets +€98,196
up €98,196 (+37.3%), from €263,216 to €361,412
of which Land and buildings: +€103,258
- Cash -€37,444
down €37,444 (-64.5%), from €58,089 to €20,645
mainly Investment in fixed assets (net) (-€113,772) and Contributions, distributions and other (-€52,610)
- Debts after one year +€61,083
up €61,083 (+26.5%), from €230,415 to €291,499
- Reserves -€37,610
down €37,610 (-46.4%), from €81,110 to €43,500
- Current portion of long-term debt +€12,436
new in 2025: €12,436
- Other debts +€10,505
up €10,505 (+106%), from €9,884 to €20,389
- Short-term financial debts +€8,890
new in 2025: €8,890
- Depreciation -€31,622
down €31,622 (-67.0%), from €47,197 to €15,575
- Financial charges +€20,994
up €20,994 (+661%), from €3,176 to €24,170
- Gross operating margin +€5,578
up €5,578 (+10.0%), from €55,743 to €61,321
- Taxes +€4,314
up €4,314 (+513%), from €842 to €5,156
- Other operating charges -€918
down €918 (-26.8%), from €3,429 to €2,511
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 | €356,721 | €414,655 | +€57,933 | +16.2% |
| Fixed assets | 21/28 | €263,476 | €361,672 | +€98,196 | +37.3% |
| Tangible fixed assets | 22/27 | €263,216 | €361,412 | +€98,196 | +37.3% |
| Land and buildings | 22 | €243,195 | €346,453 | +€103,258 | +42.5% |
| Furniture and vehicles | 24 | €347 | €33 | -€315 | -90.6% |
| Leasing and similar rights | 25 | €405 | - | -€405 | |
| Other tangible fixed assets | 26 | €19,269 | €14,927 | -€4,342 | -22.5% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €93,246 | €52,983 | -€40,263 | -43.2% |
| Amounts receivable within one year | 40/41 | €34,001 | €30,420 | -€3,581 | -10.5% |
| Trade receivables | 40 | €19,851 | €20,570 | +€719 | +3.6% |
| Other amounts receivable | 41 | €14,150 | €9,850 | -€4,300 | -30.4% |
| Cash at bank and in hand | 54/58 | €58,089 | €20,645 | -€37,444 | -64.5% |
| Deferred charges and accrued income | 490/1 | €1,156 | €1,918 | +€762 | +65.9% |
| Total equity and liabilities | 10/49 | €356,721 | €414,655 | +€57,933 | +16.2% |
| Equity | 10/15 | €100,804 | €62,103 | -€38,701 | -38.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,110 | €43,500 | -€37,610 | -46.4% |
| Distributable reserves | 133 | €81,110 | €43,500 | -€37,610 | -46.4% |
| Profit (loss) carried forward | 14 | €1,094 | €3 | -€1,091 | -99.7% |
| Amounts payable | 17/49 | €255,918 | €352,552 | +€96,634 | +37.8% |
| Amounts payable after more than one year | 17 | €230,415 | €291,499 | +€61,083 | +26.5% |
| Financial debts | 170/4 | €230,415 | €291,499 | +€61,083 | +26.5% |
| Amounts payable within one year | 42/48 | €23,583 | €58,527 | +€34,944 | +148% |
| Current portion of amounts payable after more than one year | 42 | - | €12,436 | +€12,436 | |
| Financial debts | 43 | - | €8,890 | +€8,890 | |
| Credit institutions | 430/8 | - | €8,890 | +€8,890 | |
| Trade debts | 44 | €6,586 | €12,350 | +€5,764 | +87.5% |
| Suppliers | 440/4 | €6,586 | €12,350 | +€5,764 | +87.5% |
| Taxes, remuneration and social security | 45 | €7,113 | €4,462 | -€2,652 | -37.3% |
| Taxes | 450/3 | €7,113 | €4,462 | -€2,652 | -37.3% |
| Other amounts payable | 47/48 | €9,884 | €20,389 | +€10,505 | +106% |
| Accrued charges and deferred income | 492/3 | €1,920 | €2,526 | +€607 | +31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,197 | €15,575 | -€31,622 | -67.0% |
| Other operating charges | 640/8 | €3,429 | €2,511 | -€918 | -26.8% |
| Non-recurring operating charges | 66A | €339 | - | -€339 | |
| Gross operating margin | 9900 | €55,743 | €61,321 | +€5,578 | +10.0% |
| Operating profit (loss) | 9901 | €4,777 | €43,235 | +€38,458 | +805% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €3,176 | €24,170 | +€20,994 | +661% |
| Recurring financial charges | 65 | €3,176 | €24,170 | +€20,994 | +661% |
| Profit (loss) for the period before taxes | 9903 | €1,604 | €19,065 | +€17,461 | +1,089% |
| Income taxes | 67/77 | €842 | €5,156 | +€4,314 | +513% |
| Profit (loss) for the period | 9904 | €762 | €13,909 | +€13,147 | +1,724% |
| Profit (loss) for the period to be appropriated | 9905 | €762 | €13,909 | +€13,147 | +1,724% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.