INSIGHT O&O: 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.
INSIGHT O&O
Largest movements
- Tangible fixed assets +€2.7m
up €2.7m (+152%), from €1.8m to €4.5m
of which Land and buildings: +€2.7m
- Cash +€67,689
up €67,689 (+130%), from €51,980 to €119,669
mainly Contributions, distributions and other (+€2.9m) and Depreciation (+€156,504)
- Revaluation surpluses +€2.9m
new in 2025: €2.9m
- Reserves -€67,246
down €67,246 (-28.2%), from €238,132 to €170,887
- Gross operating margin -€8,945
down €8,945 (-6.2%), from €145,173 to €136,228
- Depreciation -€6,626
down €6,626 (-4.1%), from €163,130 to €156,504
- Financial charges -€2,755
down €2,755 (-9.0%), from €30,762 to €28,007
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 | €1,868,054 | €4,677,142 | +€2.8m | +150% |
| Fixed assets | 21/28 | €1,805,746 | €4,546,168 | +€2.7m | +152% |
| Tangible fixed assets | 22/27 | €1,805,746 | €4,546,168 | +€2.7m | +152% |
| Land and buildings | 22 | €1,737,221 | €4,480,893 | +€2.7m | +158% |
| Plant, machinery and equipment | 23 | €12,512 | €7,379 | -€5,133 | -41.0% |
| Furniture and vehicles | 24 | €34,513 | €36,396 | +€1,883 | +5.5% |
| Other tangible fixed assets | 26 | €21,500 | €21,500 | = | 0.0% |
| Current assets | 29/58 | €62,308 | €130,974 | +€68,666 | +110% |
| Amounts receivable within one year | 40/41 | €37 | €388 | +€351 | +949% |
| Trade receivables | 40 | - | €290 | +€290 | |
| Other amounts receivable | 41 | €37 | €98 | +€61 | +165% |
| Cash at bank and in hand | 54/58 | €51,980 | €119,669 | +€67,689 | +130% |
| Deferred charges and accrued income | 490/1 | €10,291 | €10,917 | +€626 | +6.1% |
| Total equity and liabilities | 10/49 | €1,868,054 | €4,677,142 | +€2.8m | +150% |
| Equity | 10/15 | €681,871 | €3,472,700 | +€2.8m | +409% |
| Contributions | 10/11 | €443,739 | €443,739 | = | 0.0% |
| Revaluation surpluses | 12 | - | €2,858,074 | +€2.9m | |
| Reserves | 13 | €238,132 | €170,887 | -€67,246 | -28.2% |
| Distributable reserves | 133 | €238,132 | €170,887 | -€67,246 | -28.2% |
| Amounts payable | 17/49 | €1,186,183 | €1,204,442 | +€18,259 | +1.5% |
| Amounts payable after more than one year | 17 | €955,100 | €945,100 | -€10,000 | -1.0% |
| Other amounts payable | 178/9 | €955,100 | €945,100 | -€10,000 | -1.0% |
| Amounts payable within one year | 42/48 | €157,052 | €160,642 | +€3,589 | +2.3% |
| Trade debts | 44 | €18,776 | €19,828 | +€1,053 | +5.6% |
| Suppliers | 440/4 | €18,776 | €19,828 | +€1,053 | +5.6% |
| Advances received on contracts in progress | 46 | - | €4,768 | +€4,768 | |
| Taxes, remuneration and social security | 45 | €150 | €150 | = | 0.0% |
| Taxes | 450/3 | €150 | €150 | = | 0.0% |
| Other amounts payable | 47/48 | €138,127 | €135,895 | -€2,232 | -1.6% |
| Accrued charges and deferred income | 492/3 | €74,030 | €98,700 | +€24,670 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,130 | €156,504 | -€6,626 | -4.1% |
| Other operating charges | 640/8 | €18,401 | €18,814 | +€413 | +2.2% |
| Gross operating margin | 9900 | €145,173 | €136,228 | -€8,945 | -6.2% |
| Operating profit (loss) | 9901 | -€36,358 | -€39,090 | -€2,732 | -7.5% |
| Financial income | 75/76B | €2 | €3 | +€1 | +55.0% |
| Recurring financial income | 75 | €2 | €3 | +€1 | +55.0% |
| Financial charges | 65/66B | €30,762 | €28,007 | -€2,755 | -9.0% |
| Recurring financial charges | 65 | €30,762 | €28,007 | -€2,755 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€67,117 | -€67,093 | +€24 | 0.0% |
| Income taxes | 67/77 | €164 | €152 | -€11 | -6.9% |
| Profit (loss) for the period | 9904 | -€67,281 | -€67,246 | +€35 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,281 | -€67,246 | +€35 | +0.1% |
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 29 October 2026 via checked.be.