O3 SHIFT MOL: 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.
O3 SHIFT MOL
Largest movements
- Stocks and contracts +€91,268
up €91,268 (+3.5%), from €2.6m to €2.7m
- Debts after one year +€103,000
up €103,000 (+44.7%), from €230,524 to €333,524
- Profit (loss) carried forward -€70,042
down €70,042 (-31.5%), from -€222,259 to -€292,301
- Trade debts +€49,038
up €49,038 (+96.5%), from €50,801 to €99,839
- Gross operating margin +€6,321
up €6,321 (+37.4%), from -€16,917 to -€10,596
- Other operating charges +€1,591
up €1,591 (+2.8%), from €56,914 to €58,505
- Financial charges -€356
down €356 (-27.5%), from €1,297 to €941
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 | €2,628,615 | €2,720,765 | +€92,150 | +3.5% |
| Current assets | 29/58 | €2,628,615 | €2,720,765 | +€92,150 | +3.5% |
| Stocks and contracts in progress | 3 | €2,625,787 | €2,717,056 | +€91,268 | +3.5% |
| Stocks | 30/36 | €2,625,787 | €2,717,056 | +€91,268 | +3.5% |
| Amounts receivable within one year | 40/41 | €252 | - | -€252 | |
| Trade receivables | 40 | €252 | - | -€252 | |
| Cash at bank and in hand | 54/58 | €2,388 | €3,465 | +€1,077 | +45.1% |
| Deferred charges and accrued income | 490/1 | €188 | €245 | +€57 | +30.0% |
| Total equity and liabilities | 10/49 | €2,628,615 | €2,720,765 | +€92,150 | +3.5% |
| Equity | 10/15 | €340,193 | €270,151 | -€70,042 | -20.6% |
| Contributions | 10/11 | €562,452 | €562,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,259 | -€292,301 | -€70,042 | -31.5% |
| Amounts payable | 17/49 | €2,288,422 | €2,450,614 | +€162,192 | +7.1% |
| Amounts payable after more than one year | 17 | €230,524 | €333,524 | +€103,000 | +44.7% |
| Financial debts | 170/4 | €230,524 | €333,524 | +€103,000 | +44.7% |
| Amounts payable within one year | 42/48 | €2,050,801 | €2,099,839 | +€49,038 | +2.4% |
| Financial debts | 43 | €2,000,000 | €2,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000,000 | €2,000,000 | = | 0.0% |
| Trade debts | 44 | €50,801 | €99,839 | +€49,038 | +96.5% |
| Suppliers | 440/4 | €50,801 | €99,839 | +€49,038 | +96.5% |
| Accrued charges and deferred income | 492/3 | €7,097 | €17,251 | +€10,154 | +143% |
| Other operating charges | 640/8 | €56,914 | €58,505 | +€1,591 | +2.8% |
| Gross operating margin | 9900 | -€16,917 | -€10,596 | +€6,321 | +37.4% |
| Operating profit (loss) | 9901 | -€73,830 | -€69,101 | +€4,729 | +6.4% |
| Financial charges | 65/66B | €1,297 | €941 | -€356 | -27.5% |
| Recurring financial charges | 65 | €1,297 | €941 | -€356 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | -€75,128 | -€70,042 | +€5,086 | +6.8% |
| Profit (loss) for the period | 9904 | -€75,128 | -€70,042 | +€5,086 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,128 | -€70,042 | +€5,086 | +6.8% |
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 13 October 2026 via checked.be.