OTWEE: 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.
OTWEE
Largest movements
- Cash +€65,571
up €65,571 (+9.3%), from €701,340 to €766,911
mainly Net result for the year (+€45,363) and Depreciation (+€16,272)
- Tangible fixed assets -€16,272
down €16,272 (-4.0%), from €410,910 to €394,637
- Reserves +€45,363
up €45,363 (+7.1%), from €637,583 to €682,945
- Advances received -€16,750
down €16,750 (-43.0%), from €38,990 to €22,240
- Tax, wage and social debts +€13,771
up €13,771 (+90.6%), from €15,193 to €28,964
- Gross operating margin -€18,597
down €18,597 (-15.8%), from €117,527 to €98,930
- Taxes -€3,991
down €3,991 (-13.8%), from €28,864 to €24,873
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 | €1,128,488 | €1,170,816 | +€42,328 | +3.8% |
| Fixed assets | 21/28 | €410,960 | €394,687 | -€16,272 | -4.0% |
| Tangible fixed assets | 22/27 | €410,910 | €394,637 | -€16,272 | -4.0% |
| Land and buildings | 22 | €410,910 | €394,637 | -€16,272 | -4.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €717,529 | €776,129 | +€58,600 | +8.2% |
| Cash at bank and in hand | 54/58 | €701,340 | €766,911 | +€65,571 | +9.3% |
| Deferred charges and accrued income | 490/1 | €16,189 | €9,218 | -€6,971 | -43.1% |
| Total equity and liabilities | 10/49 | €1,128,488 | €1,170,816 | +€42,328 | +3.8% |
| Equity | 10/15 | €1,030,399 | €1,075,762 | +€45,363 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €637,583 | €682,945 | +€45,363 | +7.1% |
| Distributable reserves | 133 | €637,583 | €682,945 | +€45,363 | +7.1% |
| Profit (loss) carried forward | 14 | €374,216 | €374,216 | = | 0.0% |
| Amounts payable | 17/49 | €98,089 | €95,054 | -€3,035 | -3.1% |
| Amounts payable within one year | 42/48 | €98,089 | €94,564 | -€3,525 | -3.6% |
| Trade debts | 44 | €3,096 | €3,211 | +€115 | +3.7% |
| Suppliers | 440/4 | €3,096 | €3,211 | +€115 | +3.7% |
| Advances received on contracts in progress | 46 | €38,990 | €22,240 | -€16,750 | -43.0% |
| Taxes, remuneration and social security | 45 | €15,193 | €28,964 | +€13,771 | +90.6% |
| Taxes | 450/3 | €15,193 | €28,964 | +€13,771 | +90.6% |
| Other amounts payable | 47/48 | €40,810 | €40,149 | -€661 | -1.6% |
| Accrued charges and deferred income | 492/3 | - | €490 | +€490 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,272 | €16,272 | = | 0.0% |
| Other operating charges | 640/8 | €12,816 | €13,072 | +€256 | +2.0% |
| Gross operating margin | 9900 | €117,527 | €98,930 | -€18,597 | -15.8% |
| Operating profit (loss) | 9901 | €88,439 | €69,586 | -€18,853 | -21.3% |
| Financial income | 75/76B | €539 | €1,072 | +€533 | +99.0% |
| Recurring financial income | 75 | €539 | €1,072 | +€533 | +99.0% |
| Financial charges | 65/66B | €843 | €423 | -€421 | -49.9% |
| Recurring financial charges | 65 | €843 | €423 | -€421 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €88,134 | €70,236 | -€17,898 | -20.3% |
| Income taxes | 67/77 | €28,864 | €24,873 | -€3,991 | -13.8% |
| Profit (loss) for the period | 9904 | €59,270 | €45,363 | -€13,907 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,270 | €45,363 | -€13,907 | -23.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.