O4M: 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.
O4M
Largest movements
- Receivables within one year +€525
up €525 (+40.9%), from €1,283 to €1,808
of which Trade receivables: +€363
- Tangible fixed assets -€245
down €245 (-100.0%), from €245 to €0
- Cash +€73
up €73 (+115.9%), from €63 to €136
mainly Contributions, distributions and other (+€2,500) and Other debts (+€719)
- Profit (loss) carried forward -€2,566
down €2,566 (-14.4%), from -€17,761 to -€20,327
- Contributions +€2,500
up €2,500 (+14.2%), from €17,600 to €20,100
- Other debts +€719
up €719 (+71.4%), from €1,006 to €1,725
- Trade debts -€300
down €300 (-97.7%), from €307 to €7
- Gross operating margin +€866
up €866 (+37.6%), from -€2,303 to -€1,437
- Turnover +€750
up €750 (+100.0%), from €750 to €1,500
- Staff costs +€151
up €151 (+25.3%), from €594 to €745
- Purchases and services -€116
down €116 (-3.8%), from €3,053 to €2,937
- Other operating charges +€29
up €29 (+26.8%), from €110 to €139
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 | €1,591 | €1,944 | +€353 | +22.2% |
| Fixed assets | 21/28 | €245 | €0 | -€245 | -100.0% |
| Tangible fixed assets | 22/27 | €245 | €0 | -€245 | -100.0% |
| Other tangible fixed assets | 26 | €245 | €0 | -€245 | -100.0% |
| Current assets | 29/58 | €1,346 | €1,944 | +€598 | +44.4% |
| Amounts receivable within one year | 40/41 | €1,283 | €1,808 | +€525 | +40.9% |
| Trade receivables | 40 | - | €363 | +€363 | |
| Other amounts receivable | 41 | €1,283 | €1,445 | +€162 | +12.6% |
| Cash at bank and in hand | 54/58 | €63 | €136 | +€73 | +115.9% |
| Total equity and liabilities | 10/49 | €1,591 | €1,944 | +€353 | +22.2% |
| Equity | 10/15 | €278 | €212 | -€66 | -23.6% |
| Contributions | 10/11 | €17,600 | €20,100 | +€2,500 | +14.2% |
| Reserves | 13 | €439 | €439 | +€0 | +0.1% |
| Non-distributable reserves | 130/1 | €439 | €439 | +€0 | +0.1% |
| Reserves not available under the articles | 1311 | €439 | - | -€439 | |
| Other | 1319 | - | €439 | +€439 | |
| Profit (loss) carried forward | 14 | -€17,761 | -€20,327 | -€2,566 | -14.4% |
| Amounts payable | 17/49 | €1,313 | €1,732 | +€419 | +31.9% |
| Amounts payable within one year | 42/48 | €1,313 | €1,732 | +€419 | +31.9% |
| Trade debts | 44 | €307 | €7 | -€300 | -97.7% |
| Suppliers | 440/4 | €307 | €7 | -€300 | -97.7% |
| Other amounts payable | 47/48 | €1,006 | €1,725 | +€719 | +71.4% |
| Turnover | 70 | €750 | €1,500 | +€750 | +100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,053 | €2,937 | -€116 | -3.8% |
| Remuneration, social security and pensions | 62 | €594 | €745 | +€151 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €245 | €245 | +€0 | +0.2% |
| Other operating charges | 640/8 | €110 | €139 | +€29 | +26.8% |
| Gross operating margin | 9900 | -€2,303 | -€1,437 | +€866 | +37.6% |
| Operating profit (loss) | 9901 | -€3,252 | -€2,566 | +€686 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,252 | -€2,566 | +€686 | +21.1% |
| Profit (loss) for the period | 9904 | -€3,252 | -€2,566 | +€686 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,252 | -€2,566 | +€686 | +21.1% |
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.