O2-PROJECTS: 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.
O2-PROJECTS
Largest movements
- Tangible fixed assets -€14,337
down €14,337 (-8.7%), from €163,915 to €149,578
of which Land and buildings: -€13,565
- Cash +€9,450
up €9,450 (+45.8%), from €20,618 to €30,067
mainly Depreciation (+€14,337) and Net result for the year (+€6,398)
- Debts after one year -€13,095
down €13,095 (-7.9%), from €165,128 to €152,034
- Profit (loss) carried forward +€6,398
up €6,398 (+51.0%), from -€12,550 to -€6,152
- Gross operating margin -€1,619
down €1,619 (-5.7%), from €28,401 to €26,782
- Other operating charges -€1,140
down €1,140 (-43.7%), from €2,609 to €1,470
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 | €187,259 | €182,689 | -€4,570 | -2.4% |
| Fixed assets | 21/28 | €164,115 | €149,778 | -€14,337 | -8.7% |
| Tangible fixed assets | 22/27 | €163,915 | €149,578 | -€14,337 | -8.7% |
| Land and buildings | 22 | €162,774 | €149,210 | -€13,565 | -8.3% |
| Furniture and vehicles | 24 | €1,141 | €368 | -€773 | -67.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €23,144 | €32,911 | +€9,767 | +42.2% |
| Amounts receivable within one year | 40/41 | €2,249 | €1,928 | -€321 | -14.3% |
| Trade receivables | 40 | €2,118 | €1,906 | -€212 | -10.0% |
| Other amounts receivable | 41 | €132 | €23 | -€109 | -82.9% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,618 | €30,067 | +€9,450 | +45.8% |
| Deferred charges and accrued income | 490/1 | €28 | €665 | +€638 | +2,320% |
| Total equity and liabilities | 10/49 | €187,259 | €182,689 | -€4,570 | -2.4% |
| Equity | 10/15 | €6,050 | €12,448 | +€6,398 | +106% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,550 | -€6,152 | +€6,398 | +51.0% |
| Amounts payable | 17/49 | €181,209 | €170,241 | -€10,969 | -6.1% |
| Amounts payable after more than one year | 17 | €165,128 | €152,034 | -€13,095 | -7.9% |
| Financial debts | 170/4 | €165,128 | €152,034 | -€13,095 | -7.9% |
| Amounts payable within one year | 42/48 | €13,980 | €15,801 | +€1,821 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €12,772 | €14,171 | +€1,399 | +11.0% |
| Trade debts | 44 | €409 | €727 | +€318 | +77.8% |
| Suppliers | 440/4 | €409 | €727 | +€318 | +77.8% |
| Taxes, remuneration and social security | 45 | €800 | €310 | -€489 | -61.2% |
| Taxes | 450/3 | €800 | €310 | -€489 | -61.2% |
| Other amounts payable | 47/48 | - | €593 | +€593 | |
| Accrued charges and deferred income | 492/3 | €2,101 | €2,406 | +€305 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,337 | €14,337 | = | 0.0% |
| Other operating charges | 640/8 | €2,609 | €1,470 | -€1,140 | -43.7% |
| Gross operating margin | 9900 | €28,401 | €26,782 | -€1,619 | -5.7% |
| Operating profit (loss) | 9901 | €11,455 | €10,975 | -€479 | -4.2% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100% |
| Financial charges | 65/66B | €4,811 | €4,577 | -€234 | -4.9% |
| Recurring financial charges | 65 | €4,811 | €4,577 | -€234 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €6,654 | €6,398 | -€256 | -3.8% |
| Profit (loss) for the period | 9904 | €6,654 | €6,398 | -€256 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,654 | €6,398 | -€256 | -3.8% |
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 16 October 2026 via checked.be.