O.A.D.S. Space: 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.A.D.S. Space
Largest movements
- Tangible fixed assets +€77,924
up €77,924 (+30.3%), from €257,281 to €335,205
of which Other tangible fixed assets: +€108,941
- Receivables within one year +€28,172
up €28,172 (+98.3%), from €28,646 to €56,818
of which Trade receivables: +€39,858
- Cash -€4,384
down €4,384 (-63.9%), from €6,860 to €2,475
mainly Investment in fixed assets (net) (-€143,108) and Receivables within one year (-€28,172)
- Profit (loss) carried forward +€55,894
up €55,894 (+114%), from €49,033 to €104,926
- Trade debts +€39,370
up €39,370 (+432%), from €9,115 to €48,484
- Tax, wage and social debts +€28,546
up €28,546 (+64.8%), from €44,077 to €72,624
- Debts after one year -€11,500
down €11,500 (-25.6%), from €44,920 to €33,420
- Other debts -€7,552
down €7,552 (-5.7%), from €132,736 to €125,184
- Gross operating margin +€85,383
up €85,383 (+120%), from €71,179 to €156,562
- Taxes +€25,455
up €25,455 (+293%), from €8,681 to €34,136
- Depreciation +€13,230
up €13,230 (+25.8%), from €51,206 to €64,436
- Other operating charges -€2,966
down €2,966 (-56.2%), from €5,280 to €2,314
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 | €293,381 | €398,067 | +€104,687 | +35.7% |
| Fixed assets | 21/28 | €257,281 | €335,953 | +€78,672 | +30.6% |
| Intangible fixed assets | 21 | - | €748 | +€748 | |
| Tangible fixed assets | 22/27 | €257,281 | €335,205 | +€77,924 | +30.3% |
| Plant, machinery and equipment | 23 | €61,702 | €63,673 | +€1,971 | +3.2% |
| Furniture and vehicles | 24 | €147,908 | €114,921 | -€32,988 | -22.3% |
| Other tangible fixed assets | 26 | €47,671 | €156,612 | +€108,941 | +229% |
| Current assets | 29/58 | €36,099 | €62,114 | +€26,015 | +72.1% |
| Amounts receivable within one year | 40/41 | €28,646 | €56,818 | +€28,172 | +98.3% |
| Trade receivables | 40 | €0 | €39,858 | +€39,858 | |
| Other amounts receivable | 41 | €28,646 | €16,960 | -€11,686 | -40.8% |
| Cash at bank and in hand | 54/58 | €6,860 | €2,475 | -€4,384 | -63.9% |
| Deferred charges and accrued income | 490/1 | €593 | €2,821 | +€2,227 | +375% |
| Total equity and liabilities | 10/49 | €293,381 | €398,067 | +€104,687 | +35.7% |
| Equity | 10/15 | €51,033 | €106,926 | +€55,894 | +110% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,033 | €104,926 | +€55,894 | +114% |
| Amounts payable | 17/49 | €242,348 | €291,141 | +€48,793 | +20.1% |
| Amounts payable after more than one year | 17 | €44,920 | €33,420 | -€11,500 | -25.6% |
| Financial debts | 170/4 | €44,920 | €33,420 | -€11,500 | -25.6% |
| Amounts payable within one year | 42/48 | €197,428 | €257,721 | +€60,293 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €11,500 | €11,429 | -€72 | -0.6% |
| Trade debts | 44 | €9,115 | €48,484 | +€39,370 | +432% |
| Suppliers | 440/4 | €9,115 | €48,484 | +€39,370 | +432% |
| Taxes, remuneration and social security | 45 | €44,077 | €72,624 | +€28,546 | +64.8% |
| Taxes | 450/3 | €44,077 | €72,624 | +€28,546 | +64.8% |
| Other amounts payable | 47/48 | €132,736 | €125,184 | -€7,552 | -5.7% |
| Remuneration, social security and pensions | 62 | €0 | €49 | +€49 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,206 | €64,436 | +€13,230 | +25.8% |
| Other operating charges | 640/8 | €5,280 | €2,314 | -€2,966 | -56.2% |
| Gross operating margin | 9900 | €71,179 | €156,562 | +€85,383 | +120% |
| Operating profit (loss) | 9901 | €14,693 | €89,763 | +€75,070 | +511% |
| Financial income | 75/76B | €177 | €502 | +€325 | +184% |
| Recurring financial income | 75 | €177 | €502 | +€325 | +184% |
| Financial charges | 65/66B | €495 | €235 | -€260 | -52.5% |
| Recurring financial charges | 65 | €495 | €235 | -€260 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €14,375 | €90,029 | +€75,655 | +526% |
| Income taxes | 67/77 | €8,681 | €34,136 | +€25,455 | +293% |
| Profit (loss) for the period | 9904 | €5,694 | €55,894 | +€50,200 | +882% |
| Profit (loss) for the period to be appropriated | 9905 | €5,694 | €55,894 | +€50,200 | +882% |
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 28 October 2026 via checked.be.