O'Clair: 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'Clair
Largest movements
- Cash +€98,852
up €98,852 (+30.9%), from €319,667 to €418,519
mainly Net result for the year (+€77,296) and Receivables within one year (+€14,133)
- Receivables within one year -€14,133
down €14,133 (-20.3%), from €69,781 to €55,648
- Reserves +€70,000
up €70,000 (+50.9%), from €137,500 to €207,500
- Profit (loss) carried forward +€7,296
up €7,296 (+4.4%), from €164,537 to €171,833
- Gross operating margin -€28,786
down €28,786 (-20.6%), from €139,429 to €110,643
- Taxes -€11,122
down €11,122 (-26.9%), from €41,379 to €30,257
- Financial charges -€2,294
down €2,294 (-64.3%), from €3,570 to €1,276
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 | €395,326 | €478,840 | +€83,514 | +21.1% |
| Fixed assets | 21/28 | €5,878 | €4,673 | -€1,205 | -20.5% |
| Tangible fixed assets | 22/27 | €5,878 | €4,673 | -€1,205 | -20.5% |
| Furniture and vehicles | 24 | €5,878 | €4,673 | -€1,205 | -20.5% |
| Current assets | 29/58 | €389,448 | €474,167 | +€84,719 | +21.8% |
| Amounts receivable within one year | 40/41 | €69,781 | €55,648 | -€14,133 | -20.3% |
| Trade receivables | 40 | €69,781 | €55,648 | -€14,133 | -20.3% |
| Cash at bank and in hand | 54/58 | €319,667 | €418,519 | +€98,852 | +30.9% |
| Total equity and liabilities | 10/49 | €395,326 | €478,840 | +€83,514 | +21.1% |
| Equity | 10/15 | €304,037 | €381,333 | +€77,296 | +25.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €137,500 | €207,500 | +€70,000 | +50.9% |
| Distributable reserves | 133 | €137,500 | €207,500 | +€70,000 | +50.9% |
| Profit (loss) carried forward | 14 | €164,537 | €171,833 | +€7,296 | +4.4% |
| Amounts payable | 17/49 | €91,289 | €97,507 | +€6,218 | +6.8% |
| Amounts payable within one year | 42/48 | €91,289 | €97,507 | +€6,218 | +6.8% |
| Trade debts | 44 | €391 | €4,715 | +€4,324 | +1,106% |
| Suppliers | 440/4 | €391 | €4,715 | +€4,324 | +1,106% |
| Taxes, remuneration and social security | 45 | €82,260 | €82,032 | -€228 | -0.3% |
| Taxes | 450/3 | €82,260 | €82,032 | -€228 | -0.3% |
| Other amounts payable | 47/48 | €8,638 | €10,760 | +€2,122 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,606 | €1,617 | +€11 | +0.7% |
| Other operating charges | 640/8 | - | €198 | +€198 | |
| Gross operating margin | 9900 | €139,429 | €110,643 | -€28,786 | -20.6% |
| Operating profit (loss) | 9901 | €137,823 | €108,828 | -€28,995 | -21.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,570 | €1,276 | -€2,294 | -64.3% |
| Recurring financial charges | 65 | €3,570 | €1,276 | -€2,294 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €134,253 | €107,553 | -€26,700 | -19.9% |
| Income taxes | 67/77 | €41,379 | €30,257 | -€11,122 | -26.9% |
| Profit (loss) for the period | 9904 | €92,874 | €77,296 | -€15,578 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €92,874 | €77,296 | -€15,578 | -16.8% |
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 14 October 2026 via checked.be.