O.S. CONCEPT: what changed
Two fiscal 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.S. CONCEPT
Largest movements
- Current investments -€1.9m
down €1.9m (-100.0%), from €1.9m to €0
- Receivables within one year +€1.7m
up €1.7m (+4842.0%), from €34,326 to €1.7m
of which Other amounts receivable: +€1.7m
- Cash -€242,061
down €242,061 (-95.4%), from €253,732 to €11,671
mainly Contributions, distributions and other (-€4.3m) and Receivables within one year (-€1.7m)
- Reserves -€2.2m
down €2.2m (-52.8%), from €4.2m to €2.0m
of which Distributable reserves: -€2.2m
- Other debts +€1.7m
up €1.7m (+33710.8%), from €4,969 to €1.7m
- Financial income +€2.0m
up €2.0m (+2632.6%), from €74,903 to €2.0m
of which Financial income: +€2.0m
- Gross operating margin -€217,464
no longer reported in 2025 (was €217,464)
- Financial charges -€108,803
down €108,803 (-99.4%), from €109,455 to €652
of which Financial charges: -€109,385
- Turnover +€104,000
new in 2025: €104,000
- Services and other goods +€50,875
new in 2025: €50,875
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 | €4,196,940 | €3,676,082 | -€520,859 | -12.4% |
| Fixed assets | 21/28 | €1,982,117 | €1,966,961 | -€15,156 | -0.8% |
| Tangible fixed assets | 22/27 | €60,851 | €45,761 | -€15,090 | -24.8% |
| Furniture and vehicles | 24 | €58,800 | €44,013 | -€14,787 | -25.1% |
| Other tangible fixed assets | 26 | €2,051 | €1,748 | -€304 | -14.8% |
| Financial fixed assets | 28 | €1,921,267 | €1,921,201 | -€66 | 0.0% |
| Affiliated companies | 280/1 | - | €1,921,201 | +€1.9m | |
| Participating interests | 280 | - | €1,921,201 | +€1.9m | |
| Current assets | 29/58 | €2,214,823 | €1,709,121 | -€505,702 | -22.8% |
| Amounts receivable within one year | 40/41 | €34,326 | €1,696,413 | +€1.7m | +4842.0% |
| Trade receivables | 40 | €26,000 | €100 | -€25,900 | -99.6% |
| Other amounts receivable | 41 | €8,326 | €1,696,313 | +€1.7m | +20272.6% |
| Current investments | 50/53 | €1,917,897 | €0 | -€1.9m | -100.0% |
| Other investments | 51/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €253,732 | €11,671 | -€242,061 | -95.4% |
| Deferred charges and accrued income | 490/1 | €8,868 | €1,037 | -€7,831 | -88.3% |
| Total equity and liabilities | 10/49 | €4,196,940 | €3,676,082 | -€520,859 | -12.4% |
| Equity | 10/15 | €4,189,129 | €1,994,367 | -€2.2m | -52.4% |
| Contributions | 10/11 | €31,317 | €31,317 | = | 0.0% |
| Reserves | 13 | €4,154,859 | €1,960,862 | -€2.2m | -52.8% |
| Tax-exempt reserves | 132 | €150,302 | €150,302 | = | 0.0% |
| Distributable reserves | 133 | €4,004,557 | €1,810,561 | -€2.2m | -54.8% |
| Profit (loss) carried forward | 14 | €2,954 | €2,188 | -€766 | -25.9% |
| Amounts payable | 17/49 | €7,811 | €1,681,715 | +€1.7m | +21429.2% |
| Amounts payable within one year | 42/48 | €7,026 | €1,680,643 | +€1.7m | +23819.6% |
| Financial debts | 43 | €422 | - | -€422 | |
| Credit institutions | 430/8 | €422 | - | -€422 | |
| Trade debts | 44 | €207 | €604 | +€397 | +192.2% |
| Suppliers | 440/4 | €207 | €604 | +€397 | +192.2% |
| Taxes, remuneration and social security | 45 | €1,429 | €39 | -€1,390 | -97.3% |
| Taxes | 450/3 | €1,429 | €39 | -€1,390 | -97.3% |
| Other amounts payable | 47/48 | €4,969 | €1,680,000 | +€1.7m | +33710.8% |
| Accrued charges and deferred income | 492/3 | €785 | €1,072 | +€287 | +36.6% |
| Operating income | 70/76A | - | €107,119 | +€107,119 | |
| Turnover | 70 | - | €104,000 | +€104,000 | |
| Other operating income | 74 | - | €3,119 | +€3,119 | |
| Operating charges | 60/66A | - | €67,461 | +€67,461 | |
| Services and other goods | 61 | - | €50,875 | +€50,875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,961 | €15,090 | +€129 | +0.9% |
| Other operating charges | 640/8 | €4,186 | €1,496 | -€2,690 | -64.3% |
| Gross operating margin | 9900 | €217,464 | - | -€217,464 | |
| Operating profit (loss) | 9901 | €198,317 | €39,658 | -€158,659 | -80.0% |
| Financial income | 75/76B | €74,903 | €2,046,781 | +€2.0m | +2632.6% |
| Recurring financial income | 75 | €5,641 | €2,031,348 | +€2.0m | +35911.1% |
| Income from financial fixed assets | 750 | - | €2,030,000 | +€2.0m | |
| Income from current assets | 751 | - | €1,348 | +€1,348 | |
| Non-recurring financial income | 76B | €69,262 | €15,433 | -€53,829 | -77.7% |
| Financial charges | 65/66B | €109,455 | €652 | -€108,803 | -99.4% |
| Recurring financial charges | 65 | €109,455 | €70 | -€109,385 | -99.9% |
| Other financial charges | 652/9 | - | €70 | +€70 | |
| Non-recurring financial charges | 66B | - | €582 | +€582 | |
| Profit (loss) for the period before taxes | 9903 | €163,765 | €2,085,786 | +€1.9m | +1173.6% |
| Income taxes | 67/77 | €52,782 | €11,552 | -€41,230 | -78.1% |
| Taxes | 670/3 | - | €11,552 | +€11,552 | |
| Profit (loss) for the period | 9904 | €110,983 | €2,074,234 | +€2.0m | +1769.0% |
| Transfer from tax-exempt reserves | 789 | €267,571 | - | -€267,571 | |
| Profit (loss) for the period to be appropriated | 9905 | €378,554 | €2,074,234 | +€1.7m | +447.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.