L'OUVROIR: 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.
L'OUVROIR
Largest movements
- Cash +€631,825
up €631,825 (+319%), from €198,138 to €829,963
mainly Current investments (+€514,043) and Receivables within one year (+€67,206)
- Current investments -€514,043
down €514,043 (-27.3%), from €1.9m to €1.4m
- Receivables within one year -€67,206
down €67,206 (-19.8%), from €339,696 to €272,490
of which Other amounts receivable: -€101,086
- Profit (loss) carried forward +€63,141
up €63,141 (+4.4%), from €1.4m to €1.5m
- Investment grants -€61,318
down €61,318 (-11.1%), from €551,867 to €490,549
- Tax, wage and social debts +€50,931
up €50,931 (+29.0%), from €175,480 to €226,411
of which Remuneration and social security: +€28,635
- Staff costs -€115,626
down €115,626 (-8.7%), from €1.3m to €1.2m
- Financial charges +€39,960
up €39,960 (+224%), from €17,814 to €57,774
of which Financial charges: +€39,985
- Gross operating margin +€37,546
up €37,546 (+3.1%), from €1.2m to €1.3m
- Purchases and services +€23,078
up €23,078 (+3.9%), from €584,595 to €607,673
- Turnover -€20,502
down €20,502 (-2.5%), from €816,763 to €796,261
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 | €2,554,717 | €2,603,872 | +€49,155 | +1.9% |
| Fixed assets | 21/28 | €91,945 | €98,360 | +€6,415 | +7.0% |
| Tangible fixed assets | 22/27 | €83,127 | €89,117 | +€5,990 | +7.2% |
| Land and buildings | 22 | €48,905 | €63,128 | +€14,223 | +29.1% |
| Plant, machinery and equipment | 23 | €25,211 | €19,981 | -€5,230 | -20.7% |
| Furniture and vehicles | 24 | €9,011 | €6,007 | -€3,004 | -33.3% |
| Financial fixed assets | 28 | €8,818 | €9,244 | +€426 | +4.8% |
| Current assets | 29/58 | €2,462,772 | €2,505,512 | +€42,740 | +1.7% |
| Stocks and contracts in progress | 3 | €32,154 | €28,482 | -€3,672 | -11.4% |
| Stocks | 30/36 | €32,154 | €28,482 | -€3,672 | -11.4% |
| Amounts receivable within one year | 40/41 | €339,696 | €272,490 | -€67,206 | -19.8% |
| Trade receivables | 40 | €192,652 | €226,532 | +€33,880 | +17.6% |
| Other amounts receivable | 41 | €147,044 | €45,958 | -€101,086 | -68.7% |
| Current investments | 50/53 | €1,886,104 | €1,372,061 | -€514,043 | -27.3% |
| Cash at bank and in hand | 54/58 | €198,138 | €829,963 | +€631,825 | +319% |
| Deferred charges and accrued income | 490/1 | €6,680 | €2,515 | -€4,164 | -62.3% |
| Total equity and liabilities | 10/49 | €2,554,717 | €2,603,872 | +€49,155 | +1.9% |
| Equity | 10/15 | €2,284,761 | €2,286,584 | +€1,822 | +0.1% |
| Contributions | 10/11 | €256,764 | €256,764 | = | 0.0% |
| Capital | 10 | €256,764 | €256,764 | = | 0.0% |
| Reserves | 13 | €39,663 | €39,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,436,468 | €1,499,609 | +€63,141 | +4.4% |
| Investment grants | 15 | €551,867 | €490,549 | -€61,318 | -11.1% |
| Amounts payable | 17/49 | €269,955 | €317,288 | +€47,333 | +17.5% |
| Amounts payable within one year | 42/48 | €269,610 | €317,288 | +€47,678 | +17.7% |
| Trade debts | 44 | €94,130 | €90,877 | -€3,253 | -3.5% |
| Suppliers | 440/4 | €94,130 | €90,877 | -€3,253 | -3.5% |
| Taxes, remuneration and social security | 45 | €175,480 | €226,411 | +€50,931 | +29.0% |
| Taxes | 450/3 | €29,569 | €51,865 | +€22,296 | +75.4% |
| Remuneration and social security | 454/9 | €145,911 | €174,546 | +€28,635 | +19.6% |
| Accrued charges and deferred income | 492/3 | €345 | - | -€345 | |
| Turnover | 70 | €816,763 | €796,261 | -€20,502 | -2.5% |
| Membership fees, donations, legacies and grants | 73 | €1,500 | €1,000 | -€500 | -33.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €584,595 | €607,673 | +€23,078 | +3.9% |
| Remuneration, social security and pensions | 62 | €1,330,277 | €1,214,651 | -€115,626 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,655 | €18,606 | -€2,049 | -9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,716 | +€3,716 | |
| Other operating charges | 640/8 | €16,460 | €18,630 | +€2,170 | +13.2% |
| Gross operating margin | 9900 | €1,224,804 | €1,262,350 | +€37,546 | +3.1% |
| Operating profit (loss) | 9901 | -€142,588 | €6,747 | +€149,335 | |
| Financial income | 75/76B | €120,618 | €114,169 | -€6,449 | -5.3% |
| Recurring financial income | 75 | €117,235 | €109,747 | -€7,489 | -6.4% |
| Non-recurring financial income | 76B | €3,382 | €4,422 | +€1,040 | +30.7% |
| Financial charges | 65/66B | €17,814 | €57,774 | +€39,960 | +224% |
| Recurring financial charges | 65 | €16,822 | €56,808 | +€39,985 | +238% |
| Non-recurring financial charges | 66B | €992 | €967 | -€25 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€39,784 | €63,141 | +€102,925 | |
| Profit (loss) for the period | 9904 | -€39,784 | €63,141 | +€102,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,784 | €63,141 | +€102,925 |
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 23 October 2026 via checked.be.