O & O: 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 & O
Largest movements
- Receivables within one year +€141,852
up €141,852 (+9.7%), from €1.5m to €1.6m
of which Other amounts receivable: +€141,096
- Tangible fixed assets -€54,665
down €54,665 (-3.7%), from €1.5m to €1.4m
of which Land and buildings: -€46,211
- Cash -€48,161
down €48,161 (-91.9%), from €52,400 to €4,239
mainly Receivables within one year (-€141,852) and Tax, wage and social debts (-€77,035)
- Other debts +€100,000
up €100,000 (+53.0%), from €188,682 to €288,682
- Tax, wage and social debts -€77,035
down €77,035 (-81.5%), from €94,518 to €17,483
- Taxes +€1.1m
up €1.1m, from -€1.0m to €56,311
- Gross operating margin -€244,003
down €244,003 (-89.7%), from €272,093 to €28,089
- Financial income -€64,708
down €64,708 (-41.1%), from €157,597 to €92,890
- Financial charges -€24,543
down €24,543 (-98.9%), from €24,825 to €282
- Other operating charges +€6,267
up €6,267 (+204.7%), from €3,062 to €9,328
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.
Cash bridge derived
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 | €3,767,086 | €3,801,500 | +€34,414 | +0.9% |
| Fixed assets | 21/28 | €2,251,569 | €2,196,905 | -€54,665 | -2.4% |
| Tangible fixed assets | 22/27 | €1,478,169 | €1,423,505 | -€54,665 | -3.7% |
| Land and buildings | 22 | €909,461 | €863,250 | -€46,211 | -5.1% |
| Plant, machinery and equipment | 23 | €1,000 | - | -€1,000 | |
| Furniture and vehicles | 24 | €7,454 | - | -€7,454 | |
| Other tangible fixed assets | 26 | €560,254 | €560,254 | = | 0.0% |
| Financial fixed assets | 28 | €773,400 | €773,400 | = | 0.0% |
| Current assets | 29/58 | €1,515,516 | €1,604,595 | +€89,079 | +5.9% |
| Amounts receivable within one year | 40/41 | €1,455,097 | €1,596,949 | +€141,852 | +9.7% |
| Trade receivables | 40 | - | €756 | +€756 | |
| Other amounts receivable | 41 | €1,455,097 | €1,596,192 | +€141,096 | +9.7% |
| Cash at bank and in hand | 54/58 | €52,400 | €4,239 | -€48,161 | -91.9% |
| Deferred charges and accrued income | 490/1 | €8,019 | €3,407 | -€4,613 | -57.5% |
| Total equity and liabilities | 10/49 | €3,767,086 | €3,801,500 | +€34,414 | +0.9% |
| Equity | 10/15 | €1,997,768 | €2,005,615 | +€7,847 | +0.4% |
| Contributions | 10/11 | €1,482,400 | €1,482,400 | = | 0.0% |
| Capital | 10 | €1,482,400 | - | -€1.5m | |
| Issued capital | 100 | €1,482,400 | - | -€1.5m | |
| Reserves | 13 | €12,300 | €12,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,300 | - | -€12,300 | |
| Legal reserve | 130 | €12,300 | - | -€12,300 | |
| Distributable reserves | 133 | - | €12,300 | +€12,300 | |
| Profit (loss) carried forward | 14 | €503,068 | €510,915 | +€7,847 | +1.6% |
| Amounts payable | 17/49 | €1,769,317 | €1,795,885 | +€26,567 | +1.5% |
| Amounts payable after more than one year | 17 | €1,482,400 | €1,482,400 | = | 0.0% |
| Financial debts | 170/4 | €1,482,400 | €1,482,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €286,162 | €311,386 | +€25,223 | +8.8% |
| Trade debts | 44 | €2,963 | €5,221 | +€2,258 | +76.2% |
| Suppliers | 440/4 | €2,963 | €5,221 | +€2,258 | +76.2% |
| Taxes, remuneration and social security | 45 | €94,518 | €17,483 | -€77,035 | -81.5% |
| Taxes | 450/3 | €94,518 | €17,483 | -€77,035 | -81.5% |
| Other amounts payable | 47/48 | €188,682 | €288,682 | +€100,000 | +53.0% |
| Accrued charges and deferred income | 492/3 | €755 | €2,099 | +€1,344 | +178.0% |
| Non-recurring operating income | 76A | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,447 | €47,211 | -€3,236 | -6.4% |
| Other operating charges | 640/8 | €3,062 | €9,328 | +€6,267 | +204.7% |
| Gross operating margin | 9900 | €272,093 | €28,089 | -€244,003 | -89.7% |
| Operating profit (loss) | 9901 | €218,585 | -€28,450 | -€247,034 | |
| Financial income | 75/76B | €157,597 | €92,890 | -€64,708 | -41.1% |
| Recurring financial income | 75 | €157,597 | €92,890 | -€64,708 | -41.1% |
| Financial charges | 65/66B | €24,825 | €282 | -€24,543 | -98.9% |
| Recurring financial charges | 65 | €24,825 | €282 | -€24,543 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €351,357 | €64,158 | -€287,199 | -81.7% |
| Income taxes | 67/77 | -€1,020,588 | €56,311 | +€1.1m | |
| Profit (loss) for the period | 9904 | €1,371,945 | €7,847 | -€1.4m | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,371,945 | €7,847 | -€1.4m | -99.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.