OAGB: 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.
OAGB
Largest movements
- Tangible fixed assets -€39,971
down €39,971 (-3.2%), from €1.2m to €1.2m
- Cash -€28,441
down €28,441 (-54.6%), from €52,059 to €23,617
mainly Contributions, distributions and other (-€193,338) and Debts after one year (-€111,411)
- Deferred charges and accrued income +€14,328
up €14,328 (+1610.1%), from €890 to €15,218
- Other debts +€164,337
up €164,337 (+61.5%), from €267,390 to €431,727
- Reserves -€117,924
down €117,924 (-95.6%), from €123,338 to €5,414
- Debts after one year -€111,411
down €111,411 (-14.5%), from €766,166 to €654,755
- Gross operating margin -€3,140
down €3,140 (-1.9%), from €167,803 to €164,663
- Financial charges -€1,695
down €1,695 (-8.5%), from €20,052 to €18,357
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 | €1,293,662 | €1,238,029 | -€55,634 | -4.3% |
| Fixed assets | 21/28 | €1,238,134 | €1,198,163 | -€39,971 | -3.2% |
| Tangible fixed assets | 22/27 | €1,238,134 | €1,198,163 | -€39,971 | -3.2% |
| Land and buildings | 22 | €1,238,134 | €1,198,163 | -€39,971 | -3.2% |
| Current assets | 29/58 | €55,529 | €39,866 | -€15,663 | -28.2% |
| Amounts receivable within one year | 40/41 | €2,580 | €1,030 | -€1,550 | -60.1% |
| Other amounts receivable | 41 | €2,580 | €1,030 | -€1,550 | -60.1% |
| Cash at bank and in hand | 54/58 | €52,059 | €23,617 | -€28,441 | -54.6% |
| Deferred charges and accrued income | 490/1 | €890 | €15,218 | +€14,328 | +1610.1% |
| Total equity and liabilities | 10/49 | €1,293,662 | €1,238,029 | -€55,634 | -4.3% |
| Equity | 10/15 | €141,938 | €24,014 | -€117,924 | -83.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,338 | €5,414 | -€117,924 | -95.6% |
| Distributable reserves | 133 | €123,338 | €5,414 | -€117,924 | -95.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,151,724 | €1,214,015 | +€62,291 | +5.4% |
| Amounts payable after more than one year | 17 | €766,166 | €654,755 | -€111,411 | -14.5% |
| Financial debts | 170/4 | €766,166 | €654,755 | -€111,411 | -14.5% |
| Amounts payable within one year | 42/48 | €380,197 | €553,912 | +€173,715 | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €109,740 | €111,411 | +€1,671 | +1.5% |
| Trade debts | 44 | €405 | €274 | -€131 | -32.4% |
| Suppliers | 440/4 | €405 | €274 | -€131 | -32.4% |
| Taxes, remuneration and social security | 45 | €2,662 | €10,500 | +€7,838 | +294.4% |
| Taxes | 450/3 | €2,662 | €10,500 | +€7,838 | +294.4% |
| Other amounts payable | 47/48 | €267,390 | €431,727 | +€164,337 | +61.5% |
| Accrued charges and deferred income | 492/3 | €5,361 | €5,348 | -€13 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,971 | €39,971 | +€0 | 0.0% |
| Other operating charges | 640/8 | €5,674 | €5,852 | +€178 | +3.1% |
| Gross operating margin | 9900 | €167,803 | €164,663 | -€3,140 | -1.9% |
| Operating profit (loss) | 9901 | €122,159 | €118,841 | -€3,318 | -2.7% |
| Financial charges | 65/66B | €20,052 | €18,357 | -€1,695 | -8.5% |
| Recurring financial charges | 65 | €20,052 | €18,357 | -€1,695 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €102,107 | €100,484 | -€1,623 | -1.6% |
| Income taxes | 67/77 | €25,662 | €25,070 | -€592 | -2.3% |
| Profit (loss) for the period | 9904 | €76,445 | €75,414 | -€1,031 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €76,445 | €75,414 | -€1,031 | -1.3% |
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 6 October 2026 via checked.be.