OTIS: 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.
OTIS
Largest movements
- Financial fixed assets +€48,067
up €48,067 (+12.0%), from €400,017 to €448,084
- Cash +€28,958
up €28,958 (+31.4%), from €92,263 to €121,221
mainly Net result for the year (+€109,471) and Tax, wage and social debts (+€17,471)
- Reserves +€107,671
up €107,671 (+122.2%), from €88,141 to €195,812
- Debts after one year -€54,189
down €54,189 (-17.0%), from €318,616 to €264,426
- Tax, wage and social debts +€17,471
up €17,471 (+51.1%), from €34,210 to €51,681
- Financial income +€54,422
up €54,422 (+975.6%), from €5,578 to €60,000
- Gross operating margin -€47,169
down €47,169 (-36.2%), from €130,455 to €83,285
- Taxes -€12,640
down €12,640 (-41.6%), from €30,414 to €17,775
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 | €499,705 | €574,855 | +€75,150 | +15.0% |
| Fixed assets | 21/28 | €407,388 | €453,616 | +€46,228 | +11.3% |
| Tangible fixed assets | 22/27 | €7,371 | €5,532 | -€1,839 | -25.0% |
| Plant, machinery and equipment | 23 | €6,464 | €4,936 | -€1,528 | -23.6% |
| Furniture and vehicles | 24 | €907 | €597 | -€311 | -34.3% |
| Financial fixed assets | 28 | €400,017 | €448,084 | +€48,067 | +12.0% |
| Current assets | 29/58 | €92,317 | €121,238 | +€28,922 | +31.3% |
| Cash at bank and in hand | 54/58 | €92,263 | €121,221 | +€28,958 | +31.4% |
| Deferred charges and accrued income | 490/1 | €54 | €18 | -€36 | -66.9% |
| Total equity and liabilities | 10/49 | €499,705 | €574,855 | +€75,150 | +15.0% |
| Equity | 10/15 | €93,141 | €200,812 | +€107,671 | +115.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,141 | €195,812 | +€107,671 | +122.2% |
| Distributable reserves | 133 | €88,141 | €195,812 | +€107,671 | +122.2% |
| Amounts payable | 17/49 | €406,564 | €374,043 | -€32,521 | -8.0% |
| Amounts payable after more than one year | 17 | €318,616 | €264,426 | -€54,189 | -17.0% |
| Financial debts | 170/4 | €318,616 | €264,426 | -€54,189 | -17.0% |
| Amounts payable within one year | 42/48 | €87,888 | €108,300 | +€20,412 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €52,778 | €54,189 | +€1,412 | +2.7% |
| Taxes, remuneration and social security | 45 | €34,210 | €51,681 | +€17,471 | +51.1% |
| Taxes | 450/3 | €34,210 | €51,681 | +€17,471 | +51.1% |
| Other amounts payable | 47/48 | €900 | €2,430 | +€1,530 | +170.0% |
| Accrued charges and deferred income | 492/3 | €60 | €1,316 | +€1,256 | +2081.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,203 | €1,839 | +€636 | +52.9% |
| Other operating charges | 640/8 | €112 | €62 | -€50 | -44.6% |
| Gross operating margin | 9900 | €130,455 | €83,285 | -€47,169 | -36.2% |
| Operating profit (loss) | 9901 | €129,140 | €81,384 | -€47,755 | -37.0% |
| Financial income | 75/76B | €5,578 | €60,000 | +€54,422 | +975.6% |
| Recurring financial income | 75 | €5,578 | €60,000 | +€54,422 | +975.6% |
| Financial charges | 65/66B | €15,262 | €14,138 | -€1,124 | -7.4% |
| Recurring financial charges | 65 | €15,262 | €14,138 | -€1,124 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €119,456 | €127,246 | +€7,790 | +6.5% |
| Income taxes | 67/77 | €30,414 | €17,775 | -€12,640 | -41.6% |
| Profit (loss) for the period | 9904 | €89,041 | €109,471 | +€20,430 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €89,041 | €109,471 | +€20,430 | +22.9% |
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 10 October 2026 via checked.be.