O&A Services: 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 Services
Largest movements
- Total assets -€93,172
down €93,172 (-12.5%), from €744,396 to €651,223
of which Current assets: -€72,643
- Total equity and liabilities -€93,172
down €93,172 (-12.5%), from €744,396 to €651,223
of which Debts: -€241,642
- Gross operating margin -€170,347
down €170,347 (-58.2%), from €292,890 to €122,543
- Staff costs +€123,058
new in 2021: €123,058
- Taxes -€26,822
down €26,822 (-98.8%), from €27,148 to €326
- Depreciation -€19,351
down €19,351 (-65.8%), from €29,393 to €10,041
- Other operating charges +€5,688
new in 2021: €5,688
From the 2020 result to the 2021 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €744,396 | €651,223 | -€93,172 | -12.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €71,251 | €36,028 | -€35,223 | -49.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €62,666 | €26,723 | -€35,943 | -57.4% |
| Plant, machinery and equipment | 23 | - | €18,103 | +€18,103 | |
| Furniture and vehicles | 24 | - | €8,620 | +€8,620 | |
| Financial fixed assets | 28 | €8,585 | €9,305 | +€720 | +8.4% |
| Current assets | 29/58 | €687,838 | €615,195 | -€72,643 | -10.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €606,446 | €607,765 | +€1,319 | +0.2% |
| Trade receivables | 40 | - | €125,453 | +€125,453 | |
| Other amounts receivable | 41 | - | €482,312 | +€482,312 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €122,237 | €7,430 | -€114,807 | -93.9% |
| Total equity and liabilities | 10/49 | €744,396 | €651,223 | -€93,172 | -12.5% |
| Equity | 10/15 | €55,479 | €10,312 | -€45,167 | -81.4% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €35,019 | -€10,148 | -€45,167 | |
| Provisions and deferred taxes | 16 | €445,084 | €445,084 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | - | €445,084 | +€445,084 | |
| Taxes | 161 | - | €445,084 | +€445,084 | |
| Amounts payable | 17/49 | €437,469 | €195,827 | -€241,642 | -55.2% |
| Amounts payable after more than one year | 17 | €6,164 | - | -€6,164 | |
| Amounts payable within one year | 42/48 | €431,305 | €194,777 | -€236,528 | -54.8% |
| Trade debts | 44 | €376,178 | €132,242 | -€243,936 | -64.8% |
| Suppliers | 440/4 | - | €132,242 | +€132,242 | |
| Taxes, remuneration and social security | 45 | - | €60,135 | +€60,135 | |
| Taxes | 450/3 | - | €13,348 | +€13,348 | |
| Remuneration and social security | 454/9 | - | €46,787 | +€46,787 | |
| Other amounts payable | 47/48 | - | €2,400 | +€2,400 | |
| Accrued charges and deferred income | 492/3 | - | €1,050 | +€1,050 | |
| Non-recurring operating income | 76A | - | €9,723 | +€9,723 | |
| Remuneration, social security and pensions | 62 | - | €123,058 | +€123,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,393 | €10,041 | -€19,351 | -65.8% |
| Other operating charges | 640/8 | - | €5,688 | +€5,688 | |
| Non-recurring operating charges | 66A | - | €25,103 | +€25,103 | |
| Gross operating margin | 9900 | €292,890 | €122,543 | -€170,347 | -58.2% |
| Operating profit (loss) | 9901 | €71,258 | -€41,347 | -€112,605 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | €1,344 | €1 | -€1,342 | -99.9% |
| Financial charges | 65/66B | - | €2,348 | +€2,348 | |
| Recurring financial charges | 65 | €798 | €2,348 | +€1,550 | +194.4% |
| Profit (loss) for the period before taxes | 9903 | €70,793 | -€43,694 | -€114,487 | |
| Income taxes | 67/77 | €27,148 | €326 | -€26,822 | -98.8% |
| Profit (loss) for the period | 9904 | €43,644 | -€44,020 | -€87,665 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,644 | -€44,020 | -€87,665 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.