O3 SHIFT LAKEN: what changed
What changed
O3 SHIFT LAKEN
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€18,156
2024 · -€22,214+€4,058
Equity
€529,907
2024 · €548,063-€18,156
Cash
€16,339
2024 · €27,298-€10,959
Balance sheet total
€1.8m
2024 · €1.8m+€49,616
Largest movements
Assets
- Stocks and contracts +€60,850
up €60,850 (+3.5%), from €1.7m to €1.8m
Equity and liabilities
- Debts after one year +€69,000
up €69,000 (+60.0%), from €115,000 to €184,000
Income statement
- Financial charges -€17,707
down €17,707 (-91.5%), from €19,359 to €1,651
- Gross operating margin -€15,827
down €15,827, from €10,776 to -€5,051
- Other operating charges -€2,178
down €2,178 (-16.0%), from €13,631 to €11,453
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€22,214
Gross operating margin
-€15,827
Other operating charges
+€2,178
Financial charges
+€17,707
Result 2025
-€18,156
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€79,959
Investment
€0
Financing
+€69,000
Cash 2024
€27,298
From operations (derived)
-€79,959
Net result for the year
-€18,156
Stocks and contracts
-€60,850
Receivables within one year
+€582
Deferred charges and accrued income
-€306
Trade debts
+€278
Accrued charges and deferred income
-€1,506
Financing
+€69,000
Debts after one year
+€69,000
Cash 2025
€16,339
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,772,537 | €1,822,153 | +€49,616 | +2.8% |
| Current assets | 29/58 | €1,772,537 | €1,822,153 | +€49,616 | +2.8% |
| Stocks and contracts in progress | 3 | €1,743,971 | €1,804,821 | +€60,850 | +3.5% |
| Stocks | 30/36 | €1,743,971 | €1,804,821 | +€60,850 | +3.5% |
| Amounts receivable within one year | 40/41 | €978 | €396 | -€582 | -59.5% |
| Other amounts receivable | 41 | €978 | €396 | -€582 | -59.5% |
| Cash at bank and in hand | 54/58 | €27,298 | €16,339 | -€10,959 | -40.1% |
| Deferred charges and accrued income | 490/1 | €290 | €597 | +€306 | +106% |
| Total equity and liabilities | 10/49 | €1,772,537 | €1,822,153 | +€49,616 | +2.8% |
| Equity | 10/15 | €548,063 | €529,907 | -€18,156 | -3.3% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,937 | -€70,093 | -€18,156 | -35.0% |
| Amounts payable | 17/49 | €1,224,474 | €1,292,246 | +€67,772 | +5.5% |
| Amounts payable after more than one year | 17 | €115,000 | €184,000 | +€69,000 | +60.0% |
| Financial debts | 170/4 | €115,000 | €184,000 | +€69,000 | +60.0% |
| Amounts payable within one year | 42/48 | €1,100,419 | €1,100,696 | +€278 | 0.0% |
| Financial debts | 43 | €1,100,000 | €1,100,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,100,000 | €1,100,000 | = | 0.0% |
| Trade debts | 44 | €419 | €696 | +€278 | +66.3% |
| Suppliers | 440/4 | €419 | €696 | +€278 | +66.3% |
| Accrued charges and deferred income | 492/3 | €9,056 | €7,550 | -€1,506 | -16.6% |
| Non-recurring operating income | 76A | €30,751 | - | -€30,751 | |
| Other operating charges | 640/8 | €13,631 | €11,453 | -€2,178 | -16.0% |
| Gross operating margin | 9900 | €10,776 | -€5,051 | -€15,827 | |
| Operating profit (loss) | 9901 | -€2,855 | -€16,504 | -€13,649 | -478% |
| Financial charges | 65/66B | €19,359 | €1,651 | -€17,707 | -91.5% |
| Recurring financial charges | 65 | €19,359 | €1,651 | -€17,707 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,214 | -€18,156 | +€4,058 | +18.3% |
| Profit (loss) for the period | 9904 | -€22,214 | -€18,156 | +€4,058 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,214 | -€18,156 | +€4,058 | +18.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.