O-mar: 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-mar
Largest movements
- Tangible fixed assets -€74,211
down €74,211 (-3.3%), from €2.2m to €2.1m
- Debts after one year -€229,171
down €229,171 (-10.9%), from €2.1m to €1.9m
- Other debts +€207,339
up €207,339 (+46.1%), from €449,408 to €656,747
- Reserves -€35,953
down €35,953 (-7.7%), from €469,073 to €433,121
- Financial income -€100,000
down €100,000 (-100%), from €100,000 to €0
- Other operating charges +€31,092
up €31,092 (+2,843%), from €1,094 to €32,186
- Financial charges +€10,168
up €10,168 (+9.9%), from €103,172 to €113,340
- Gross operating margin -€5,017
down €5,017 (-2.7%), from €188,801 to €183,784
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 | €3,537,632 | €3,475,716 | -€61,916 | -1.8% |
| Fixed assets | 21/28 | €3,437,641 | €3,356,495 | -€81,146 | -2.4% |
| Tangible fixed assets | 22/27 | €2,220,706 | €2,146,495 | -€74,211 | -3.3% |
| Land and buildings | 22 | €2,220,706 | €2,146,495 | -€74,211 | -3.3% |
| Financial fixed assets | 28 | €1,216,935 | €1,210,000 | -€6,935 | -0.6% |
| Current assets | 29/58 | €99,991 | €119,221 | +€19,230 | +19.2% |
| Amounts receivable within one year | 40/41 | €86,230 | €98,651 | +€12,421 | +14.4% |
| Trade receivables | 40 | €86,230 | €98,651 | +€12,421 | +14.4% |
| Cash at bank and in hand | 54/58 | €13,761 | €15,070 | +€1,309 | +9.5% |
| Deferred charges and accrued income | 490/1 | - | €5,500 | +€5,500 | |
| Total equity and liabilities | 10/49 | €3,537,632 | €3,475,716 | -€61,916 | -1.8% |
| Equity | 10/15 | €719,073 | €683,121 | -€35,953 | -5.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €469,073 | €433,121 | -€35,953 | -7.7% |
| Distributable reserves | 133 | €469,073 | €433,121 | -€35,953 | -7.7% |
| Amounts payable | 17/49 | €2,818,558 | €2,792,595 | -€25,963 | -0.9% |
| Amounts payable after more than one year | 17 | €2,107,847 | €1,878,676 | -€229,171 | -10.9% |
| Financial debts | 170/4 | €2,107,847 | €1,878,676 | -€229,171 | -10.9% |
| Amounts payable within one year | 42/48 | €693,391 | €904,865 | +€211,474 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €223,570 | €229,171 | +€5,601 | +2.5% |
| Trade debts | 44 | €16,854 | €17,728 | +€874 | +5.2% |
| Suppliers | 440/4 | €16,854 | €17,728 | +€874 | +5.2% |
| Taxes, remuneration and social security | 45 | €3,559 | €1,220 | -€2,339 | -65.7% |
| Taxes | 450/3 | €3,559 | €1,220 | -€2,339 | -65.7% |
| Other amounts payable | 47/48 | €449,408 | €656,747 | +€207,339 | +46.1% |
| Accrued charges and deferred income | 492/3 | €17,320 | €9,054 | -€8,266 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,211 | €74,211 | = | 0.0% |
| Other operating charges | 640/8 | €1,094 | €32,186 | +€31,092 | +2,843% |
| Gross operating margin | 9900 | €188,801 | €183,784 | -€5,017 | -2.7% |
| Operating profit (loss) | 9901 | €113,496 | €77,387 | -€36,109 | -31.8% |
| Financial income | 75/76B | €100,000 | €0 | -€100,000 | -100% |
| Recurring financial income | 75 | €100,000 | €0 | -€100,000 | -100% |
| Financial charges | 65/66B | €103,172 | €113,340 | +€10,168 | +9.9% |
| Recurring financial charges | 65 | €103,172 | €113,340 | +€10,168 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €110,324 | -€35,953 | -€146,277 | |
| Profit (loss) for the period | 9904 | €110,324 | -€35,953 | -€146,277 | |
| Profit (loss) for the period to be appropriated | 9905 | €110,324 | -€35,953 | -€146,277 |
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.