O.M.A.: 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.M.A.
Largest movements
- Receivables within one year +€1.3m
up €1.3m (+191%), from €705,172 to €2.1m
- Tangible fixed assets -€1.2m
down €1.2m (-100%), from €1.2m to €0
of which Land and buildings: -€1.2m
- Receivables after one year -€306,631
down €306,631 (-100%), from €306,631 to €0
- Current investments +€200,000
new in 2025: €200,000
- Cash -€70,435
down €70,435 (-73.0%), from €96,462 to €26,028
- Contributions -€490,000
down €490,000 (-36.5%), from €1.3m to €852,250
- Reserves +€326,656
up €326,656 (+66.0%), from €495,216 to €821,872
- Profit (loss) carried forward +€114,634
up €114,634, from -€114,634 to €0
- Debts after one year +€72,028
up €72,028 (+16.0%), from €449,919 to €521,948
- Accrued charges and deferred income -€48,750
down €48,750 (-100%), from €48,750 to €0
- Gross operating margin +€668,246
up €668,246, from -€46,705 to €621,542
- Taxes +€150,799
up €150,799 (+144,430%), from €104 to €150,904
- Depreciation -€35,342
down €35,342 (-89.5%), from €39,478 to €4,136
- Financial income -€27,757
down €27,757 (-69.4%), from €39,972 to €12,215
of which Non-recurring financial income: -€26,163
- Financial charges -€8,793
down €8,793 (-90.7%), from €9,691 to €898
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,328,837 | €2,280,699 | -€48,137 | -2.1% |
| Fixed assets | 21/28 | €1,215,528 | €0 | -€1.2m | -100% |
| Tangible fixed assets | 22/27 | €1,215,528 | €0 | -€1.2m | -100% |
| Land and buildings | 22 | €1,211,103 | €0 | -€1.2m | -100% |
| Plant, machinery and equipment | 23 | €289 | €0 | -€289 | -100% |
| Furniture and vehicles | 24 | €4,136 | €0 | -€4,136 | -100% |
| Current assets | 29/58 | €1,113,309 | €2,280,699 | +€1.2m | +105% |
| Amounts receivable after more than one year | 29 | €306,631 | €0 | -€306,631 | -100% |
| Other amounts receivable | 291 | €306,631 | €0 | -€306,631 | -100% |
| Amounts receivable within one year | 40/41 | €705,172 | €2,053,007 | +€1.3m | +191% |
| Other amounts receivable | 41 | €705,172 | €2,053,007 | +€1.3m | +191% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €96,462 | €26,028 | -€70,435 | -73.0% |
| Deferred charges and accrued income | 490/1 | €5,043 | €1,665 | -€3,378 | -67.0% |
| Total equity and liabilities | 10/49 | €2,328,837 | €2,280,699 | -€48,137 | -2.1% |
| Equity | 10/15 | €1,722,832 | €1,674,122 | -€48,710 | -2.8% |
| Contributions | 10/11 | €1,342,250 | €852,250 | -€490,000 | -36.5% |
| Reserves | 13 | €495,216 | €821,872 | +€326,656 | +66.0% |
| Distributable reserves | 133 | €495,216 | €821,872 | +€326,656 | +66.0% |
| Profit (loss) carried forward | 14 | -€114,634 | €0 | +€114,634 | |
| Amounts payable | 17/49 | €606,004 | €606,577 | +€573 | +0.1% |
| Amounts payable after more than one year | 17 | €449,919 | €521,948 | +€72,028 | +16.0% |
| Other amounts payable | 178/9 | €449,919 | €521,948 | +€72,028 | +16.0% |
| Amounts payable within one year | 42/48 | €107,336 | €84,629 | -€22,706 | -21.2% |
| Trade debts | 44 | €14,686 | €8,259 | -€6,427 | -43.8% |
| Suppliers | 440/4 | €14,686 | €8,259 | -€6,427 | -43.8% |
| Taxes, remuneration and social security | 45 | €92,650 | €76,370 | -€16,279 | -17.6% |
| Taxes | 450/3 | €92,650 | €76,370 | -€16,279 | -17.6% |
| Accrued charges and deferred income | 492/3 | €48,750 | €0 | -€48,750 | -100% |
| Non-recurring operating income | 76A | €68,442 | €786,446 | +€718,004 | +1,049% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,478 | €4,136 | -€35,342 | -89.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €20,741 | €15,846 | -€4,895 | -23.6% |
| Non-recurring operating charges | 66A | €37,887 | €20,683 | -€17,204 | -45.4% |
| Gross operating margin | 9900 | -€46,705 | €621,542 | +€668,246 | |
| Operating profit (loss) | 9901 | -€144,810 | €580,877 | +€725,687 | |
| Financial income | 75/76B | €39,972 | €12,215 | -€27,757 | -69.4% |
| Recurring financial income | 75 | €13,808 | €12,215 | -€1,594 | -11.5% |
| Non-recurring financial income | 76B | €26,163 | €0 | -€26,163 | -100% |
| Financial charges | 65/66B | €9,691 | €898 | -€8,793 | -90.7% |
| Recurring financial charges | 65 | €9,691 | €898 | -€8,793 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | -€114,530 | €592,194 | +€706,723 | |
| Income taxes | 67/77 | €104 | €150,904 | +€150,799 | +144,430% |
| Profit (loss) for the period | 9904 | -€114,634 | €441,290 | +€555,924 | |
| Profit (loss) for the period to be appropriated | 9905 | -€114,634 | €441,290 | +€555,924 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.