NEVER CLOSED OOSTKAMP: 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.
NEVER CLOSED OOSTKAMP
Largest movements
- Tangible fixed assets +€121,328
up €121,328 (+246%), from €49,268 to €170,595
of which Land and buildings: +€134,432
- Receivables within one year +€44,787
up €44,787 (+135%), from €33,087 to €77,874
of which Trade receivables: +€46,502
- Stocks and contracts +€7,172
up €7,172 (+22.3%), from €32,223 to €39,395
- Cash +€6,454
up €6,454 (+367%), from €1,759 to €8,213
mainly Debts after one year (+€115,183) and Trade debts (+€46,992)
- Debts after one year +€115,183
up €115,183 (+501%), from €22,974 to €138,157
- Trade debts +€46,992
up €46,992 (+238%), from €19,764 to €66,756
- Current portion of long-term debt +€12,955
up €12,955 (+120%), from €10,782 to €23,737
- Reserves +€5,000
up €5,000 (+11.9%), from €42,000 to €47,000
- Gross operating margin -€6,219
down €6,219 (-17.6%), from €35,299 to €29,081
- Taxes -€6,051
down €6,051 (-90.1%), from €6,719 to €668
- Depreciation +€3,333
up €3,333 (+22.3%), from €14,946 to €18,279
- Financial charges +€2,578
up €2,578 (+144%), from €1,787 to €4,366
- Financial income +€416
up €416 (+620%), from €67 to €483
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 | €120,198 | €300,283 | +€180,086 | +150% |
| Fixed assets | 21/28 | €51,168 | €172,495 | +€121,328 | +237% |
| Tangible fixed assets | 22/27 | €49,268 | €170,595 | +€121,328 | +246% |
| Land and buildings | 22 | - | €134,432 | +€134,432 | |
| Plant, machinery and equipment | 23 | €2,267 | €2,533 | +€267 | +11.8% |
| Furniture and vehicles | 24 | €47,001 | €33,630 | -€13,371 | -28.4% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €69,030 | €127,788 | +€58,758 | +85.1% |
| Stocks and contracts in progress | 3 | €32,223 | €39,395 | +€7,172 | +22.3% |
| Stocks | 30/36 | €32,223 | €39,395 | +€7,172 | +22.3% |
| Amounts receivable within one year | 40/41 | €33,087 | €77,874 | +€44,787 | +135% |
| Trade receivables | 40 | €23,486 | €69,988 | +€46,502 | +198% |
| Other amounts receivable | 41 | €9,602 | €7,886 | -€1,715 | -17.9% |
| Cash at bank and in hand | 54/58 | €1,759 | €8,213 | +€6,454 | +367% |
| Deferred charges and accrued income | 490/1 | €1,961 | €2,306 | +€345 | +17.6% |
| Total equity and liabilities | 10/49 | €120,198 | €300,283 | +€180,086 | +150% |
| Equity | 10/15 | €62,948 | €68,614 | +€5,666 | +9.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €42,000 | €47,000 | +€5,000 | +11.9% |
| Distributable reserves | 133 | €42,000 | €47,000 | +€5,000 | +11.9% |
| Profit (loss) carried forward | 14 | €2,356 | €3,022 | +€666 | +28.3% |
| Amounts payable | 17/49 | €57,250 | €231,669 | +€174,420 | +305% |
| Amounts payable after more than one year | 17 | €22,974 | €138,157 | +€115,183 | +501% |
| Financial debts | 170/4 | €22,974 | €138,157 | +€115,183 | +501% |
| Amounts payable within one year | 42/48 | €33,484 | €92,629 | +€59,146 | +177% |
| Current portion of amounts payable after more than one year | 42 | €10,782 | €23,737 | +€12,955 | +120% |
| Trade debts | 44 | €19,764 | €66,756 | +€46,992 | +238% |
| Suppliers | 440/4 | €19,764 | €66,756 | +€46,992 | +238% |
| Taxes, remuneration and social security | 45 | €2,938 | €2,136 | -€802 | -27.3% |
| Taxes | 450/3 | €2,938 | €2,136 | -€802 | -27.3% |
| Accrued charges and deferred income | 492/3 | €792 | €883 | +€91 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,946 | €18,279 | +€3,333 | +22.3% |
| Other operating charges | 640/8 | €608 | €585 | -€22 | -3.7% |
| Gross operating margin | 9900 | €35,299 | €29,081 | -€6,219 | -17.6% |
| Operating profit (loss) | 9901 | €19,746 | €10,217 | -€9,529 | -48.3% |
| Financial income | 75/76B | €67 | €483 | +€416 | +620% |
| Recurring financial income | 75 | €67 | €483 | +€416 | +620% |
| Financial charges | 65/66B | €1,787 | €4,366 | +€2,578 | +144% |
| Recurring financial charges | 65 | €1,787 | €4,366 | +€2,578 | +144% |
| Profit (loss) for the period before taxes | 9903 | €18,025 | €6,334 | -€11,691 | -64.9% |
| Income taxes | 67/77 | €6,719 | €668 | -€6,051 | -90.1% |
| Profit (loss) for the period | 9904 | €11,306 | €5,666 | -€5,640 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,306 | €5,666 | -€5,640 | -49.9% |
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.