O&F: 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&F
Largest movements
- Cash +€5,917
new in 2025: €5,917
mainly Other debts (+€6,357) and Tax, wage and social debts (+€3,720)
- Receivables within one year -€2,467
down €2,467 (-84.4%), from €2,923 to €456
of which Trade receivables: -€2,092
- Stocks and contracts +€2,022
new in 2025: €2,022
- Other debts +€6,357
up €6,357 (+571%), from €1,114 to €7,471
- Tax, wage and social debts +€3,720
new in 2025: €3,720
of which Remuneration and social security: +€2,349
- Trade debts -€2,945
down €2,945 (-40.3%), from €7,305 to €4,360
- Profit (loss) carried forward -€1,641
down €1,641 (-17.2%), from -€9,515 to -€11,156
- Gross operating margin +€10,219
up €10,219, from -€3,932 to €6,287
- Staff costs +€7,451
new in 2025: €7,451
- Other operating charges +€451
new in 2025: €451
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 | €2,923 | €8,395 | +€5,473 | +187% |
| Current assets | 29/58 | €2,923 | €8,395 | +€5,473 | +187% |
| Stocks and contracts in progress | 3 | - | €2,022 | +€2,022 | |
| Stocks | 30/36 | - | €2,022 | +€2,022 | |
| Amounts receivable within one year | 40/41 | €2,923 | €456 | -€2,467 | -84.4% |
| Trade receivables | 40 | €2,548 | €456 | -€2,092 | -82.1% |
| Other amounts receivable | 41 | €375 | - | -€375 | |
| Cash at bank and in hand | 54/58 | - | €5,917 | +€5,917 | |
| Total equity and liabilities | 10/49 | €2,923 | €8,395 | +€5,473 | +187% |
| Equity | 10/15 | -€5,515 | -€7,156 | -€1,641 | -29.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,515 | -€11,156 | -€1,641 | -17.2% |
| Amounts payable | 17/49 | €8,438 | €15,551 | +€7,113 | +84.3% |
| Amounts payable within one year | 42/48 | €8,438 | €15,551 | +€7,113 | +84.3% |
| Current portion of amounts payable after more than one year | 42 | €19 | - | -€19 | |
| Trade debts | 44 | €7,305 | €4,360 | -€2,945 | -40.3% |
| Suppliers | 440/4 | €7,305 | €4,360 | -€2,945 | -40.3% |
| Taxes, remuneration and social security | 45 | - | €3,720 | +€3,720 | |
| Taxes | 450/3 | - | €1,371 | +€1,371 | |
| Remuneration and social security | 454/9 | - | €2,349 | +€2,349 | |
| Other amounts payable | 47/48 | €1,114 | €7,471 | +€6,357 | +571% |
| Remuneration, social security and pensions | 62 | - | €7,451 | +€7,451 | |
| Other operating charges | 640/8 | - | €451 | +€451 | |
| Gross operating margin | 9900 | -€3,932 | €6,287 | +€10,219 | |
| Operating profit (loss) | 9901 | -€3,932 | -€1,615 | +€2,318 | +58.9% |
| Financial charges | 65/66B | - | €26 | +€26 | |
| Recurring financial charges | 65 | - | €26 | +€26 | |
| Profit (loss) for the period before taxes | 9903 | -€3,932 | -€1,641 | +€2,292 | +58.3% |
| Profit (loss) for the period | 9904 | -€3,932 | -€1,641 | +€2,292 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,932 | -€1,641 | +€2,292 | +58.3% |
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 24 October 2026 via checked.be.