O&G MANAGEMENT: 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&G MANAGEMENT
Largest movements
- Receivables within one year -€32,346
down €32,346 (-25.1%), from €128,957 to €96,611
of which Other amounts receivable: -€16,776
- Debts after one year -€97,493
down €97,493 (-17.0%), from €572,545 to €475,051
- Profit (loss) carried forward +€62,004
up €62,004 (+12.7%), from €489,109 to €551,113
- Tax, wage and social debts -€38,786
down €38,786 (-47.7%), from €81,287 to €42,501
- Short-term financial debts +€21,000
new in 2025: €21,000
- Trade debts +€17,483
up €17,483 (+1,173%), from €1,490 to €18,973
- Gross operating margin -€54,812
down €54,812 (-37.6%), from €145,913 to €91,101
- Taxes -€15,666
down €15,666 (-42.1%), from €37,177 to €21,511
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 | €1,293,012 | €1,259,994 | -€33,019 | -2.6% |
| Fixed assets | 21/28 | €1,141,912 | €1,141,912 | = | 0.0% |
| Financial fixed assets | 28 | €1,141,912 | €1,141,912 | = | 0.0% |
| Current assets | 29/58 | €151,100 | €118,081 | -€33,019 | -21.9% |
| Amounts receivable within one year | 40/41 | €128,957 | €96,611 | -€32,346 | -25.1% |
| Trade receivables | 40 | €20,570 | €5,000 | -€15,570 | -75.7% |
| Other amounts receivable | 41 | €108,387 | €91,611 | -€16,776 | -15.5% |
| Cash at bank and in hand | 54/58 | €22,143 | €21,471 | -€673 | -3.0% |
| Total equity and liabilities | 10/49 | €1,293,012 | €1,259,994 | -€33,019 | -2.6% |
| Equity | 10/15 | €539,109 | €601,113 | +€62,004 | +11.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €489,109 | €551,113 | +€62,004 | +12.7% |
| Amounts payable | 17/49 | €753,903 | €658,881 | -€95,022 | -12.6% |
| Amounts payable after more than one year | 17 | €572,545 | €475,051 | -€97,493 | -17.0% |
| Financial debts | 170/4 | €572,545 | €475,051 | -€97,493 | -17.0% |
| Amounts payable within one year | 42/48 | €181,358 | €183,829 | +€2,471 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €96,331 | €97,493 | +€1,162 | +1.2% |
| Financial debts | 43 | - | €21,000 | +€21,000 | |
| Credit institutions | 430/8 | - | €21,000 | +€21,000 | |
| Trade debts | 44 | €1,490 | €18,973 | +€17,483 | +1,173% |
| Suppliers | 440/4 | €1,490 | €18,973 | +€17,483 | +1,173% |
| Taxes, remuneration and social security | 45 | €81,287 | €42,501 | -€38,786 | -47.7% |
| Taxes | 450/3 | €81,287 | €42,501 | -€38,786 | -47.7% |
| Other amounts payable | 47/48 | €2,250 | €3,863 | +€1,613 | +71.7% |
| Other operating charges | 640/8 | €2,210 | €1,086 | -€1,124 | -50.9% |
| Gross operating margin | 9900 | €145,913 | €91,101 | -€54,812 | -37.6% |
| Operating profit (loss) | 9901 | €143,703 | €90,015 | -€53,688 | -37.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €7,273 | €6,502 | -€771 | -10.6% |
| Recurring financial charges | 65 | €7,273 | €6,502 | -€771 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €136,430 | €83,515 | -€52,915 | -38.8% |
| Income taxes | 67/77 | €37,177 | €21,511 | -€15,666 | -42.1% |
| Profit (loss) for the period | 9904 | €99,253 | €62,004 | -€37,249 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €99,253 | €62,004 | -€37,249 | -37.5% |
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.