'N OSSEVELD: 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.
'N OSSEVELD
Largest movements
- Tangible fixed assets -€25,283
down €25,283 (-17.1%), from €148,087 to €122,804
of which Land and buildings: -€26,655
- Cash -€22,805
down €22,805 (-9.0%), from €252,620 to €229,815
mainly Contributions, distributions and other (-€200,000) and Trade debts (-€28,972)
- Reserves -€101,281
down €101,281 (-51.0%), from €198,454 to €97,173
of which Distributable reserves: -€101,281
- Other debts +€92,463
up €92,463 (+99.6%), from €92,872 to €185,335
- Trade debts -€28,972
down €28,972 (-20.7%), from €140,183 to €111,211
- Debts after one year -€25,217
down €25,217 (-22.8%), from €110,669 to €85,453
- Staff costs +€10,340
up €10,340 (+8.5%), from €121,660 to €132,000
- Depreciation -€3,593
down €3,593 (-10.9%), from €33,057 to €29,464
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 | €651,024 | €589,280 | -€61,745 | -9.5% |
| Fixed assets | 21/28 | €150,233 | €124,350 | -€25,883 | -17.2% |
| Intangible fixed assets | 21 | €2,084 | €1,485 | -€599 | -28.8% |
| Tangible fixed assets | 22/27 | €148,087 | €122,804 | -€25,283 | -17.1% |
| Land and buildings | 22 | €140,408 | €113,753 | -€26,655 | -19.0% |
| Plant, machinery and equipment | 23 | €6,091 | €7,938 | +€1,847 | +30.3% |
| Furniture and vehicles | 24 | €1,588 | €1,113 | -€475 | -29.9% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €500,791 | €464,929 | -€35,862 | -7.2% |
| Stocks and contracts in progress | 3 | €108,722 | €104,313 | -€4,409 | -4.1% |
| Stocks | 30/36 | €108,722 | €104,313 | -€4,409 | -4.1% |
| Amounts receivable within one year | 40/41 | €47,786 | €41,873 | -€5,913 | -12.4% |
| Trade receivables | 40 | €36,172 | €36,229 | +€57 | +0.2% |
| Other amounts receivable | 41 | €11,615 | €5,645 | -€5,970 | -51.4% |
| Cash at bank and in hand | 54/58 | €252,620 | €229,815 | -€22,805 | -9.0% |
| Deferred charges and accrued income | 490/1 | €91,663 | €88,929 | -€2,734 | -3.0% |
| Total equity and liabilities | 10/49 | €651,024 | €589,280 | -€61,745 | -9.5% |
| Equity | 10/15 | €260,454 | €159,173 | -€101,281 | -38.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €198,454 | €97,173 | -€101,281 | -51.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,987 | €7,987 | = | 0.0% |
| Distributable reserves | 133 | €184,267 | €82,986 | -€101,281 | -55.0% |
| Amounts payable | 17/49 | €390,570 | €430,107 | +€39,536 | +10.1% |
| Amounts payable after more than one year | 17 | €110,669 | €85,453 | -€25,217 | -22.8% |
| Financial debts | 170/4 | €110,669 | €85,453 | -€25,217 | -22.8% |
| Amounts payable within one year | 42/48 | €279,901 | €344,654 | +€64,753 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €25,026 | €25,217 | +€191 | +0.8% |
| Trade debts | 44 | €140,183 | €111,211 | -€28,972 | -20.7% |
| Suppliers | 440/4 | €140,183 | €111,211 | -€28,972 | -20.7% |
| Taxes, remuneration and social security | 45 | €21,821 | €22,892 | +€1,072 | +4.9% |
| Taxes | 450/3 | €14,254 | €15,391 | +€1,137 | +8.0% |
| Remuneration and social security | 454/9 | €7,567 | €7,501 | -€66 | -0.9% |
| Other amounts payable | 47/48 | €92,872 | €185,335 | +€92,463 | +99.6% |
| Remuneration, social security and pensions | 62 | €121,660 | €132,000 | +€10,340 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,057 | €29,464 | -€3,593 | -10.9% |
| Other operating charges | 640/8 | €228 | €218 | -€10 | -4.5% |
| Non-recurring operating charges | 66A | €2,010 | €2,730 | +€720 | +35.8% |
| Gross operating margin | 9900 | €299,634 | €301,884 | +€2,251 | +0.8% |
| Operating profit (loss) | 9901 | €142,678 | €137,472 | -€5,206 | -3.6% |
| Financial income | 75/76B | €1,035 | €1,111 | +€75 | +7.2% |
| Recurring financial income | 75 | €1,035 | €1,111 | +€75 | +7.2% |
| Financial charges | 65/66B | €4,858 | €4,293 | -€565 | -11.6% |
| Recurring financial charges | 65 | €4,858 | €4,293 | -€565 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €138,855 | €134,289 | -€4,566 | -3.3% |
| Income taxes | 67/77 | €36,857 | €35,570 | -€1,286 | -3.5% |
| Profit (loss) for the period | 9904 | €101,998 | €98,719 | -€3,279 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,998 | €98,719 | -€3,279 | -3.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.