O' 2 SENS: 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' 2 SENS
Largest movements
- Tangible fixed assets +€48,589
up €48,589 (+56.4%), from €86,210 to €134,798
of which Land and buildings: +€35,453
- Cash -€8,895
down €8,895 (-21.9%), from €40,586 to €31,691
mainly Investment in fixed assets (net) (-€70,868) and Debts after one year (-€11,682)
- Receivables within one year -€2,761
down €2,761 (-30.2%), from €9,130 to €6,369
- Profit (loss) carried forward +€30,656
up €30,656 (+241%), from €12,730 to €43,386
- Debts after one year -€11,682
down €11,682 (-25.8%), from €45,304 to €33,622
- Current portion of long-term debt +€5,911
new in 2025: €5,911
- Tax, wage and social debts +€5,809
up €5,809 (+151%), from €3,857 to €9,665
- Other debts +€4,147
up €4,147 (+23.3%), from €17,782 to €21,929
- Taxes +€5,681
up €5,681 (+111%), from €5,100 to €10,780
- Gross operating margin +€2,025
up €2,025 (+3.2%), from €62,882 to €64,907
- Depreciation +€1,721
up €1,721 (+8.4%), from €20,559 to €22,279
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 | €135,926 | €172,859 | +€36,933 | +27.2% |
| Fixed assets | 21/28 | €86,210 | €134,798 | +€48,589 | +56.4% |
| Tangible fixed assets | 22/27 | €86,210 | €134,798 | +€48,589 | +56.4% |
| Land and buildings | 22 | - | €35,453 | +€35,453 | |
| Plant, machinery and equipment | 23 | €62,664 | €72,794 | +€10,130 | +16.2% |
| Furniture and vehicles | 24 | €23,546 | €26,552 | +€3,006 | +12.8% |
| Current assets | 29/58 | €49,716 | €38,060 | -€11,656 | -23.4% |
| Amounts receivable within one year | 40/41 | €9,130 | €6,369 | -€2,761 | -30.2% |
| Trade receivables | 40 | €9,130 | €6,369 | -€2,761 | -30.2% |
| Cash at bank and in hand | 54/58 | €40,586 | €31,691 | -€8,895 | -21.9% |
| Total equity and liabilities | 10/49 | €135,926 | €172,859 | +€36,933 | +27.2% |
| Equity | 10/15 | €68,727 | €99,383 | +€30,656 | +44.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,397 | €37,397 | = | 0.0% |
| 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 | €35,537 | €35,537 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,730 | €43,386 | +€30,656 | +241% |
| Amounts payable | 17/49 | €67,199 | €73,476 | +€6,277 | +9.3% |
| Amounts payable after more than one year | 17 | €45,304 | €33,622 | -€11,682 | -25.8% |
| Financial debts | 170/4 | €45,304 | €33,622 | -€11,682 | -25.8% |
| Amounts payable within one year | 42/48 | €21,638 | €39,853 | +€18,215 | +84.2% |
| Current portion of amounts payable after more than one year | 42 | - | €5,911 | +€5,911 | |
| Trade debts | 44 | - | €2,348 | +€2,348 | |
| Suppliers | 440/4 | - | €2,348 | +€2,348 | |
| Taxes, remuneration and social security | 45 | €3,857 | €9,665 | +€5,809 | +151% |
| Taxes | 450/3 | €3,857 | €9,665 | +€5,809 | +151% |
| Other amounts payable | 47/48 | €17,782 | €21,929 | +€4,147 | +23.3% |
| Accrued charges and deferred income | 492/3 | €257 | - | -€257 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,559 | €22,279 | +€1,721 | +8.4% |
| Other operating charges | 640/8 | €494 | €163 | -€330 | -67.0% |
| Gross operating margin | 9900 | €62,882 | €64,907 | +€2,025 | +3.2% |
| Operating profit (loss) | 9901 | €41,830 | €42,464 | +€634 | +1.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,194 | €1,028 | -€166 | -13.9% |
| Recurring financial charges | 65 | €1,194 | €1,028 | -€166 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €40,636 | €41,437 | +€800 | +2.0% |
| Income taxes | 67/77 | €5,100 | €10,780 | +€5,681 | +111% |
| Profit (loss) for the period | 9904 | €35,537 | €30,656 | -€4,881 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,537 | €30,656 | -€4,881 | -13.7% |
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 26 October 2026 via checked.be.