otsecure: 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.
otsecure
Largest movements
- Cash +€12,715
up €12,715 (+47.1%), from €26,997 to €39,712
mainly Net result for the year (+€15,849) and Contributions, distributions and other (+€1,453)
- Tangible fixed assets +€696
up €696 (+18.0%), from €3,870 to €4,566
of which Plant, machinery and equipment: +€819
- Reserves +€15,849
up €15,849 (+49.5%), from €32,044 to €47,893
- Tax, wage and social debts -€3,479
down €3,479 (-49.2%), from €7,074 to €3,596
of which Taxes: -€3,689
- Profit (loss) carried forward +€1,453
no longer reported in 2025 (was -€1,453)
- Other debts -€1,346
down €1,346 (-100.0%), from €1,346 to €0
- Short-term financial debts +€796
up €796 (+313.6%), from €254 to €1,050
- Gross operating margin +€3,550
up €3,550 (+15.7%), from €22,614 to €26,164
- Other operating charges +€495
up €495 (+241.2%), from €205 to €700
- Taxes +€382
up €382 (+6.9%), from €5,550 to €5,933
- Financial charges -€349
down €349 (-25.6%), from €1,364 to €1,015
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 | €44,016 | €57,310 | +€13,294 | +30.2% |
| Fixed assets | 21/28 | €3,870 | €4,566 | +€696 | +18.0% |
| Tangible fixed assets | 22/27 | €3,870 | €4,566 | +€696 | +18.0% |
| Plant, machinery and equipment | 23 | €816 | €1,635 | +€819 | +100.4% |
| Furniture and vehicles | 24 | €3,054 | €2,931 | -€123 | -4.0% |
| Current assets | 29/58 | €40,145 | €52,744 | +€12,598 | +31.4% |
| Amounts receivable within one year | 40/41 | €11,886 | €11,661 | -€225 | -1.9% |
| Trade receivables | 40 | €9,864 | €10,276 | +€412 | +4.2% |
| Other amounts receivable | 41 | €2,022 | €1,385 | -€637 | -31.5% |
| Cash at bank and in hand | 54/58 | €26,997 | €39,712 | +€12,715 | +47.1% |
| Deferred charges and accrued income | 490/1 | €1,262 | €1,371 | +€109 | +8.6% |
| Total equity and liabilities | 10/49 | €44,016 | €57,310 | +€13,294 | +30.2% |
| Equity | 10/15 | €33,591 | €50,893 | +€17,302 | +51.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,044 | €47,893 | +€15,849 | +49.5% |
| Distributable reserves | 133 | €32,044 | €47,893 | +€15,849 | +49.5% |
| Profit (loss) carried forward | 14 | -€1,453 | - | +€1,453 | |
| Amounts payable | 17/49 | €10,425 | €6,417 | -€4,008 | -38.4% |
| Amounts payable within one year | 42/48 | €10,425 | €6,417 | -€4,008 | -38.4% |
| Financial debts | 43 | €254 | €1,050 | +€796 | +313.6% |
| Credit institutions | 430/8 | €254 | €1,050 | +€796 | +313.6% |
| Trade debts | 44 | €1,751 | €1,772 | +€21 | +1.2% |
| Suppliers | 440/4 | €1,751 | €1,772 | +€21 | +1.2% |
| Taxes, remuneration and social security | 45 | €7,074 | €3,596 | -€3,479 | -49.2% |
| Taxes | 450/3 | €5,621 | €1,933 | -€3,689 | -65.6% |
| Remuneration and social security | 454/9 | €1,453 | €1,663 | +€210 | +14.4% |
| Other amounts payable | 47/48 | €1,346 | €0 | -€1,346 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €895 | €1,120 | +€224 | +25.0% |
| Other operating charges | 640/8 | €205 | €700 | +€495 | +241.2% |
| Non-recurring operating charges | 66A | €0 | €1,554 | +€1,554 | |
| Gross operating margin | 9900 | €22,614 | €26,164 | +€3,550 | +15.7% |
| Operating profit (loss) | 9901 | €21,514 | €22,790 | +€1,277 | +5.9% |
| Financial income | 75/76B | €87 | €6 | -€81 | -93.4% |
| Recurring financial income | 75 | €87 | €6 | -€81 | -93.4% |
| Financial charges | 65/66B | €1,364 | €1,015 | -€349 | -25.6% |
| Recurring financial charges | 65 | €1,364 | €1,015 | -€349 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €20,237 | €21,781 | +€1,544 | +7.6% |
| Income taxes | 67/77 | €5,550 | €5,933 | +€382 | +6.9% |
| Profit (loss) for the period | 9904 | €14,686 | €15,849 | +€1,162 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,686 | €15,849 | +€1,162 | +7.9% |
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 11 October 2026 via checked.be.