o'yo: 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'yo
Largest movements
- Tangible fixed assets -€52,470
down €52,470 (-18.1%), from €290,327 to €237,856
of which Other tangible fixed assets: -€40,501
- Cash -€35,195
down €35,195 (-77.7%), from €45,301 to €10,106
mainly Short-term financial debts (-€42,127) and Current portion of long-term debt (-€38,701)
- Short-term financial debts -€42,127
down €42,127 (-100.0%), from €42,127 to €0
- Debts after one year +€42,098
up €42,098 (+18.4%), from €228,913 to €271,011
- Current portion of long-term debt -€38,701
down €38,701 (-54.2%), from €71,395 to €32,694
- Profit (loss) carried forward -€19,869
down €19,869 (-11.2%), from -€177,393 to -€197,262
- Trade debts -€16,266
down €16,266 (-17.0%), from €95,613 to €79,348
- Gross operating margin -€75,598
down €75,598 (-16.6%), from €455,588 to €379,990
- Staff costs -€41,204
down €41,204 (-11.9%), from €346,603 to €305,399
- Other operating charges -€8,131
down €8,131 (-74.2%), from €10,961 to €2,830
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 | €390,746 | €302,468 | -€88,278 | -22.6% |
| Fixed assets | 21/28 | €315,293 | €261,935 | -€53,358 | -16.9% |
| Intangible fixed assets | 21 | €3,966 | €3,078 | -€888 | -22.4% |
| Tangible fixed assets | 22/27 | €290,327 | €237,856 | -€52,470 | -18.1% |
| Plant, machinery and equipment | 23 | €26,413 | €16,337 | -€10,075 | -38.1% |
| Furniture and vehicles | 24 | €2,876 | €982 | -€1,893 | -65.8% |
| Other tangible fixed assets | 26 | €261,038 | €220,536 | -€40,501 | -15.5% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €75,453 | €40,533 | -€34,920 | -46.3% |
| Stocks and contracts in progress | 3 | €19,691 | €17,751 | -€1,940 | -9.9% |
| Stocks | 30/36 | €19,691 | €17,751 | -€1,940 | -9.9% |
| Amounts receivable within one year | 40/41 | €4,320 | €6,441 | +€2,121 | +49.1% |
| Trade receivables | 40 | €2,105 | €770 | -€1,334 | -63.4% |
| Other amounts receivable | 41 | €2,215 | €5,670 | +€3,455 | +156.0% |
| Current investments | 50/53 | €17 | €0 | -€17 | -99.9% |
| Cash at bank and in hand | 54/58 | €45,301 | €10,106 | -€35,195 | -77.7% |
| Deferred charges and accrued income | 490/1 | €6,124 | €6,235 | +€111 | +1.8% |
| Total equity and liabilities | 10/49 | €390,746 | €302,468 | -€88,278 | -22.6% |
| Equity | 10/15 | -€106,956 | -€126,824 | -€19,869 | -18.6% |
| Contributions | 10/11 | €69,407 | €69,407 | = | 0.0% |
| Reserves | 13 | €1,031 | €1,031 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,031 | €1,031 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,031 | €1,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,393 | -€197,262 | -€19,869 | -11.2% |
| Amounts payable | 17/49 | €497,701 | €429,292 | -€68,409 | -13.7% |
| Amounts payable after more than one year | 17 | €228,913 | €271,011 | +€42,098 | +18.4% |
| Financial debts | 170/4 | €228,913 | €271,011 | +€42,098 | +18.4% |
| Amounts payable within one year | 42/48 | €268,788 | €158,281 | -€110,508 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €71,395 | €32,694 | -€38,701 | -54.2% |
| Financial debts | 43 | €42,127 | €0 | -€42,127 | -100.0% |
| Credit institutions | 430/8 | €42,127 | €0 | -€42,127 | -100.0% |
| Trade debts | 44 | €95,613 | €79,348 | -€16,266 | -17.0% |
| Suppliers | 440/4 | €95,613 | €79,348 | -€16,266 | -17.0% |
| Advances received on contracts in progress | 46 | €14,233 | €3,790 | -€10,443 | -73.4% |
| Taxes, remuneration and social security | 45 | €45,367 | €42,397 | -€2,970 | -6.5% |
| Taxes | 450/3 | €26,639 | €24,191 | -€2,448 | -9.2% |
| Remuneration and social security | 454/9 | €18,728 | €18,206 | -€521 | -2.8% |
| Other amounts payable | 47/48 | €53 | €53 | = | 0.0% |
| Non-recurring operating income | 76A | - | €3,819 | +€3,819 | |
| Remuneration, social security and pensions | 62 | €346,603 | €305,399 | -€41,204 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,017 | €55,115 | -€1,902 | -3.3% |
| Other operating charges | 640/8 | €10,961 | €2,830 | -€8,131 | -74.2% |
| Gross operating margin | 9900 | €455,588 | €379,990 | -€75,598 | -16.6% |
| Operating profit (loss) | 9901 | €41,007 | €16,646 | -€24,361 | -59.4% |
| Financial income | 75/76B | €179 | €73 | -€106 | -59.0% |
| Recurring financial income | 75 | €179 | €73 | -€106 | -59.0% |
| Financial charges | 65/66B | €37,266 | €36,589 | -€677 | -1.8% |
| Recurring financial charges | 65 | €37,266 | €36,589 | -€677 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €3,921 | -€19,869 | -€23,789 | |
| Profit (loss) for the period | 9904 | €3,921 | -€19,869 | -€23,789 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,921 | -€19,869 | -€23,789 |
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 11 October 2026 via checked.be.