O-Tec: 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.
O-Tec
Largest movements
- Cash -€40,001
no longer reported in 2025 (was €40,001)
mainly Contributions, distributions and other (-€64,871) and Net result for the year (-€6,723)
- Receivables within one year -€23,678
down €23,678 (-95.9%), from €24,687 to €1,009
of which Other amounts receivable: -€23,073
- Tangible fixed assets -€6,788
no longer reported in 2025 (was €6,788)
of which Plant, machinery and equipment: -€6,158
- Deferred charges and accrued income -€3,922
no longer reported in 2025 (was €3,922)
- Reserves -€64,871
down €64,871 (-97.2%), from €66,731 to €1,860
of which Distributable reserves: -€64,871
- Profit (loss) carried forward -€6,723
down €6,723 (-2,049%), from -€328 to -€7,051
- Trade debts -€2,552
no longer reported in 2025 (was €2,552)
- Depreciation -€5,131
no longer reported in 2025 (was €5,131)
- Staff costs -€2,614
no longer reported in 2025 (was €2,614)
- Financial income -€1,200
down €1,200 (-63.1%), from €1,901 to €701
- Gross operating margin -€972
down €972 (-46.1%), from €2,109 to €1,137
- Other operating charges -€850
down €850 (-61.6%), from €1,380 to €530
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 | €75,398 | €1,009 | -€74,390 | -98.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,788 | - | -€6,788 | |
| Tangible fixed assets | 22/27 | €6,788 | - | -€6,788 | |
| Plant, machinery and equipment | 23 | €6,158 | - | -€6,158 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €630 | - | -€630 | |
| Current assets | 29/58 | €68,610 | €1,009 | -€67,602 | -98.5% |
| Amounts receivable within one year | 40/41 | €24,687 | €1,009 | -€23,678 | -95.9% |
| Trade receivables | 40 | €605 | - | -€605 | |
| Other amounts receivable | 41 | €24,082 | €1,009 | -€23,073 | -95.8% |
| Cash at bank and in hand | 54/58 | €40,001 | - | -€40,001 | |
| Deferred charges and accrued income | 490/1 | €3,922 | - | -€3,922 | |
| Total equity and liabilities | 10/49 | €75,398 | €1,009 | -€74,390 | -98.7% |
| Equity | 10/15 | €72,603 | €1,009 | -€71,594 | -98.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,731 | €1,860 | -€64,871 | -97.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €64,871 | - | -€64,871 | |
| Profit (loss) carried forward | 14 | -€328 | -€7,051 | -€6,723 | -2,049% |
| Amounts payable | 17/49 | €2,796 | - | -€2,796 | |
| Amounts payable within one year | 42/48 | €2,796 | - | -€2,796 | |
| Trade debts | 44 | €2,552 | - | -€2,552 | |
| Suppliers | 440/4 | €2,552 | - | -€2,552 | |
| Taxes, remuneration and social security | 45 | €244 | - | -€244 | |
| Taxes | 450/3 | €244 | - | -€244 | |
| Non-recurring operating income | 76A | €27,533 | €43,364 | +€15,831 | +57.5% |
| Remuneration, social security and pensions | 62 | €2,614 | - | -€2,614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,131 | - | -€5,131 | |
| Other operating charges | 640/8 | €1,380 | €530 | -€850 | -61.6% |
| Non-recurring operating charges | 66A | - | €7,593 | +€7,593 | |
| Gross operating margin | 9900 | €2,109 | €1,137 | -€972 | -46.1% |
| Operating profit (loss) | 9901 | -€7,017 | -€6,987 | +€30 | +0.4% |
| Financial income | 75/76B | €1,901 | €701 | -€1,200 | -63.1% |
| Recurring financial income | 75 | €1,901 | €701 | -€1,200 | -63.1% |
| Financial charges | 65/66B | €117 | €437 | +€320 | +274% |
| Recurring financial charges | 65 | €117 | €437 | +€320 | +274% |
| Profit (loss) for the period before taxes | 9903 | -€5,233 | -€6,723 | -€1,490 | -28.5% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€5,233 | -€6,723 | -€1,490 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,233 | -€6,723 | -€1,490 | -28.5% |
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 27 October 2026 via checked.be.