O.M.S.: 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.S.
Largest movements
- Tangible fixed assets -€59,347
down €59,347 (-19.8%), from €300,459 to €241,112
- Receivables within one year +€29,364
up €29,364 (+15.6%), from €188,743 to €218,107
of which Trade receivables: +€37,361
- Stocks and contracts -€19,274
down €19,274 (-10.5%), from €183,197 to €163,923
of which Stocks: -€10,774
- Profit (loss) carried forward -€48,863
down €48,863 (-13.6%), from -€359,584 to -€408,447
- Debts after one year -€47,012
down €47,012 (-15.7%), from €299,970 to €252,958
of which Financial debts: -€47,012
- Trade debts +€34,775
up €34,775 (+26.3%), from €132,271 to €167,046
- Advances received -€23,400
no longer reported in 2025 (was €23,400)
- Short-term financial debts +€21,100
up €21,100 (+12.2%), from €172,405 to €193,505
- Gross operating margin +€94,034
up €94,034 (+29.7%), from €316,288 to €410,322
- Staff costs +€48,927
up €48,927 (+16.4%), from €299,162 to €348,089
- Financial charges -€4,594
down €4,594 (-15.9%), from €28,869 to €24,274
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 | €678,963 | €629,554 | -€49,409 | -7.3% |
| Fixed assets | 21/28 | €302,310 | €242,591 | -€59,719 | -19.8% |
| Intangible fixed assets | 21 | €1,851 | €1,479 | -€373 | -20.1% |
| Tangible fixed assets | 22/27 | €300,459 | €241,112 | -€59,347 | -19.8% |
| Plant, machinery and equipment | 23 | €204,178 | €175,522 | -€28,656 | -14.0% |
| Furniture and vehicles | 24 | €5,310 | €1,660 | -€3,650 | -68.7% |
| Leasing and similar rights | 25 | €85,886 | €60,179 | -€25,708 | -29.9% |
| Other tangible fixed assets | 26 | €5,084 | €3,751 | -€1,333 | -26.2% |
| Current assets | 29/58 | €376,653 | €386,964 | +€10,311 | +2.7% |
| Stocks and contracts in progress | 3 | €183,197 | €163,923 | -€19,274 | -10.5% |
| Stocks | 30/36 | €154,697 | €143,923 | -€10,774 | -7.0% |
| Contracts in progress | 37 | €28,500 | €20,000 | -€8,500 | -29.8% |
| Amounts receivable within one year | 40/41 | €188,743 | €218,107 | +€29,364 | +15.6% |
| Trade receivables | 40 | €175,214 | €212,575 | +€37,361 | +21.3% |
| Other amounts receivable | 41 | €13,530 | €5,532 | -€7,998 | -59.1% |
| Cash at bank and in hand | 54/58 | €1,674 | €1,674 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €3,038 | €3,259 | +€221 | +7.3% |
| Total equity and liabilities | 10/49 | €678,963 | €629,554 | -€49,409 | -7.3% |
| Equity | 10/15 | -€139,067 | -€187,929 | -€48,863 | -35.1% |
| Contributions | 10/11 | €218,000 | €218,000 | = | 0.0% |
| Reserves | 13 | €2,517 | €2,517 | = | 0.0% |
| Distributable reserves | 133 | €2,517 | €2,517 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€359,584 | -€408,447 | -€48,863 | -13.6% |
| Amounts payable | 17/49 | €818,029 | €817,484 | -€546 | -0.1% |
| Amounts payable after more than one year | 17 | €299,970 | €252,958 | -€47,012 | -15.7% |
| Financial debts | 170/4 | €196,470 | €149,458 | -€47,012 | -23.9% |
| Other amounts payable | 178/9 | €103,500 | €103,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €509,781 | €547,079 | +€37,298 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €62,723 | €58,205 | -€4,518 | -7.2% |
| Financial debts | 43 | €172,405 | €193,505 | +€21,100 | +12.2% |
| Credit institutions | 430/8 | €172,405 | €193,505 | +€21,100 | +12.2% |
| Trade debts | 44 | €132,271 | €167,046 | +€34,775 | +26.3% |
| Suppliers | 440/4 | €132,271 | €167,046 | +€34,775 | +26.3% |
| Advances received on contracts in progress | 46 | €23,400 | - | -€23,400 | |
| Taxes, remuneration and social security | 45 | €110,582 | €123,222 | +€12,640 | +11.4% |
| Taxes | 450/3 | €12,065 | €13,927 | +€1,862 | +15.4% |
| Remuneration and social security | 454/9 | €98,517 | €109,295 | +€10,778 | +10.9% |
| Other amounts payable | 47/48 | €8,400 | €5,101 | -€3,299 | -39.3% |
| Accrued charges and deferred income | 492/3 | €8,278 | €17,447 | +€9,168 | +111% |
| Remuneration, social security and pensions | 62 | €299,162 | €348,089 | +€48,927 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,891 | €83,268 | +€1,377 | +1.7% |
| Other operating charges | 640/8 | €2,103 | €2,840 | +€737 | +35.1% |
| Non-recurring operating charges | 66A | - | €895 | +€895 | |
| Gross operating margin | 9900 | €316,288 | €410,322 | +€94,034 | +29.7% |
| Operating profit (loss) | 9901 | -€66,868 | -€24,771 | +€42,097 | +63.0% |
| Financial income | 75/76B | €549 | €297 | -€252 | -45.9% |
| Recurring financial income | 75 | €549 | €297 | -€252 | -45.9% |
| Financial charges | 65/66B | €28,869 | €24,274 | -€4,594 | -15.9% |
| Recurring financial charges | 65 | €28,869 | €24,274 | -€4,594 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€95,188 | -€48,748 | +€46,440 | +48.8% |
| Income taxes | 67/77 | €166 | €115 | -€52 | -31.1% |
| Profit (loss) for the period | 9904 | -€95,354 | -€48,863 | +€46,491 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,354 | -€48,863 | +€46,491 | +48.8% |
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 19 October 2026 via checked.be.