O.S.M.: 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.S.M.
Largest movements
- Receivables within one year +€45,491
up €45,491 (+45.3%), from €100,339 to €145,831
of which Trade receivables: +€39,131
- Cash -€11,708
down €11,708 (-29.7%), from €39,393 to €27,685
mainly Receivables within one year (-€45,491) and Investment in fixed assets (net) (-€5,143)
- Tax, wage and social debts +€19,135
up €19,135 (+174.9%), from €10,938 to €30,073
of which Remuneration and social security: +€12,000
- Trade debts +€8,634
up €8,634 (+33.2%), from €26,030 to €34,664
- Profit (loss) carried forward +€7,399
up €7,399 (+69.1%), from €10,714 to €18,113
- Gross operating margin -€3,127
down €3,127 (-15.5%), from €20,134 to €17,008
- Depreciation +€1,554
up €1,554 (+69.9%), from €2,221 to €3,775
- Other operating charges +€1,410
up €1,410 (+418.8%), from €337 to €1,747
- Taxes -€602
down €602 (-22.9%), from €2,628 to €2,026
- Financial charges +€264
up €264 (+11.2%), from €2,356 to €2,621
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 | €143,911 | €179,079 | +€35,168 | +24.4% |
| Fixed assets | 21/28 | €4,179 | €5,547 | +€1,369 | +32.7% |
| Tangible fixed assets | 22/27 | €4,179 | €5,547 | +€1,369 | +32.7% |
| Plant, machinery and equipment | 23 | €326 | - | -€326 | |
| Furniture and vehicles | 24 | €3,853 | €5,547 | +€1,694 | +44.0% |
| Current assets | 29/58 | €139,732 | €173,532 | +€33,799 | +24.2% |
| Amounts receivable within one year | 40/41 | €100,339 | €145,831 | +€45,491 | +45.3% |
| Trade receivables | 40 | €89,005 | €128,135 | +€39,131 | +44.0% |
| Other amounts receivable | 41 | €11,335 | €17,695 | +€6,361 | +56.1% |
| Cash at bank and in hand | 54/58 | €39,393 | €27,685 | -€11,708 | -29.7% |
| Deferred charges and accrued income | 490/1 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | €143,911 | €179,079 | +€35,168 | +24.4% |
| Equity | 10/15 | €19,782 | €27,181 | +€7,399 | +37.4% |
| Contributions | 10/11 | €9,068 | €9,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,714 | €18,113 | +€7,399 | +69.1% |
| Amounts payable | 17/49 | €124,129 | €151,898 | +€27,769 | +22.4% |
| Amounts payable within one year | 42/48 | €85,609 | €113,378 | +€27,769 | +32.4% |
| Trade debts | 44 | €26,030 | €34,664 | +€8,634 | +33.2% |
| Suppliers | 440/4 | €26,030 | €34,664 | +€8,634 | +33.2% |
| Advances received on contracts in progress | 46 | €18,499 | €18,499 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,938 | €30,073 | +€19,135 | +174.9% |
| Taxes | 450/3 | €10,938 | €18,073 | +€7,135 | +65.2% |
| Remuneration and social security | 454/9 | - | €12,000 | +€12,000 | |
| Other amounts payable | 47/48 | €30,142 | €30,142 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €38,520 | €38,520 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,221 | €3,775 | +€1,554 | +69.9% |
| Other operating charges | 640/8 | €337 | €1,747 | +€1,410 | +418.8% |
| Gross operating margin | 9900 | €20,134 | €17,008 | -€3,127 | -15.5% |
| Operating profit (loss) | 9901 | €17,576 | €11,486 | -€6,091 | -34.7% |
| Financial income | 75/76B | €304 | €559 | +€255 | +83.7% |
| Recurring financial income | 75 | €304 | €559 | +€255 | +83.7% |
| Financial charges | 65/66B | €2,356 | €2,621 | +€264 | +11.2% |
| Recurring financial charges | 65 | €2,356 | €2,621 | +€264 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €15,525 | €9,424 | -€6,100 | -39.3% |
| Income taxes | 67/77 | €2,628 | €2,026 | -€602 | -22.9% |
| Profit (loss) for the period | 9904 | €12,897 | €7,399 | -€5,498 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,897 | €7,399 | -€5,498 | -42.6% |
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 9 October 2026 via checked.be.