O2A Management: 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.
O2A Management
Largest movements
- Cash +€111,555
up €111,555 (+70.4%), from €158,560 to €270,115
mainly Net result for the year (+€92,541) and Receivables within one year (+€8,870)
- Receivables within one year -€8,870
down €8,870 (-28.3%), from €31,363 to €22,493
of which Trade receivables: -€8,870
- Tangible fixed assets -€8,493
down €8,493 (-24.1%), from €35,211 to €26,718
of which Leasing and similar rights: -€6,005
- Profit (loss) carried forward +€92,541
up €92,541 (+52.3%), from €176,810 to €269,351
- Debts after one year -€4,965
down €4,965 (-30.5%), from €16,303 to €11,338
- Trade debts +€4,514
up €4,514 (+1064.2%), from €424 to €4,938
- Gross operating margin +€12,499
up €12,499 (+10.5%), from €118,834 to €131,334
- Taxes +€4,265
up €4,265 (+18.5%), from €23,035 to €27,301
- Depreciation +€2,257
up €2,257 (+36.2%), from €6,237 to €8,493
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 | €225,135 | €320,864 | +€95,729 | +42.5% |
| Fixed assets | 21/28 | €35,211 | €26,718 | -€8,493 | -24.1% |
| Tangible fixed assets | 22/27 | €35,211 | €26,718 | -€8,493 | -24.1% |
| Furniture and vehicles | 24 | €11,423 | €8,935 | -€2,489 | -21.8% |
| Leasing and similar rights | 25 | €23,788 | €17,784 | -€6,005 | -25.2% |
| Current assets | 29/58 | €189,924 | €294,145 | +€104,222 | +54.9% |
| Amounts receivable within one year | 40/41 | €31,363 | €22,493 | -€8,870 | -28.3% |
| Trade receivables | 40 | €29,399 | €20,529 | -€8,870 | -30.2% |
| Other amounts receivable | 41 | €1,965 | €1,965 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €158,560 | €270,115 | +€111,555 | +70.4% |
| Deferred charges and accrued income | 490/1 | - | €1,537 | +€1,537 | |
| Total equity and liabilities | 10/49 | €225,135 | €320,864 | +€95,729 | +42.5% |
| Equity | 10/15 | €179,810 | €272,351 | +€92,541 | +51.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,810 | €269,351 | +€92,541 | +52.3% |
| Amounts payable | 17/49 | €45,325 | €48,513 | +€3,188 | +7.0% |
| Amounts payable after more than one year | 17 | €16,303 | €11,338 | -€4,965 | -30.5% |
| Financial debts | 170/4 | €16,303 | €11,338 | -€4,965 | -30.5% |
| Amounts payable within one year | 42/48 | €29,022 | €36,763 | +€7,741 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €12,701 | €13,373 | +€672 | +5.3% |
| Financial debts | 43 | €34 | €310 | +€276 | +810.9% |
| Credit institutions | 430/8 | €34 | €310 | +€276 | +810.9% |
| Trade debts | 44 | €424 | €4,938 | +€4,514 | +1064.2% |
| Suppliers | 440/4 | €424 | €4,938 | +€4,514 | +1064.2% |
| Taxes, remuneration and social security | 45 | €15,381 | €17,659 | +€2,279 | +14.8% |
| Taxes | 450/3 | €15,381 | €17,659 | +€2,279 | +14.8% |
| Other amounts payable | 47/48 | €482 | €482 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,237 | €8,493 | +€2,257 | +36.2% |
| Other operating charges | 640/8 | €1,738 | €1,155 | -€583 | -33.5% |
| Gross operating margin | 9900 | €118,834 | €131,334 | +€12,499 | +10.5% |
| Operating profit (loss) | 9901 | €110,860 | €121,685 | +€10,826 | +9.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,097 | €1,845 | -€252 | -12.0% |
| Recurring financial charges | 65 | €2,097 | €1,845 | -€252 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €108,763 | €119,841 | +€11,079 | +10.2% |
| Income taxes | 67/77 | €23,035 | €27,301 | +€4,265 | +18.5% |
| Profit (loss) for the period | 9904 | €85,728 | €92,541 | +€6,813 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,728 | €92,541 | +€6,813 | +7.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.