OAMM: 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.
OAMM
Largest movements
- Tangible fixed assets +€107,017
up €107,017 (+12.2%), from €879,086 to €986,103
of which Plant, machinery and equipment: +€97,400
- Receivables within one year +€69,661
up €69,661 (+18.9%), from €367,754 to €437,415
of which Other amounts receivable: +€70,813
- Other debts +€596,696
up €596,696 (+197.5%), from €302,145 to €898,840
- Trade debts -€351,647
down €351,647 (-46.5%), from €756,786 to €405,139
- Debts after one year -€68,156
down €68,156 (-100.0%), from €68,156 to €0
- Profit (loss) carried forward -€52,327
down €52,327 (-100.0%), from €52,327 to €0
- Tax, wage and social debts +€24,189
up €24,189 (+22.9%), from €105,800 to €129,990
of which Remuneration and social security: +€22,410
- Staff costs +€204,548
up €204,548 (+22.3%), from €919,166 to €1.1m
- Gross operating margin -€129,701
down €129,701 (-6.3%), from €2.1m to €1.9m
- Taxes -€46,850
down €46,850 (-41.5%), from €112,765 to €65,915
- Depreciation +€28,608
up €28,608 (+12.1%), from €236,111 to €264,718
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 | €1,428,805 | €1,575,028 | +€146,223 | +10.2% |
| Fixed assets | 21/28 | €898,670 | €1,001,175 | +€102,505 | +11.4% |
| Intangible fixed assets | 21 | €16,654 | €10,882 | -€5,772 | -34.7% |
| Tangible fixed assets | 22/27 | €879,086 | €986,103 | +€107,017 | +12.2% |
| Plant, machinery and equipment | 23 | €752,301 | €849,701 | +€97,400 | +12.9% |
| Furniture and vehicles | 24 | €21,971 | €43,276 | +€21,305 | +97.0% |
| Other tangible fixed assets | 26 | €104,814 | €93,126 | -€11,687 | -11.2% |
| Financial fixed assets | 28 | €2,930 | €4,190 | +€1,260 | +43.0% |
| Current assets | 29/58 | €530,135 | €573,853 | +€43,718 | +8.2% |
| Amounts receivable within one year | 40/41 | €367,754 | €437,415 | +€69,661 | +18.9% |
| Trade receivables | 40 | €2,948 | €1,796 | -€1,152 | -39.1% |
| Other amounts receivable | 41 | €364,806 | €435,619 | +€70,813 | +19.4% |
| Cash at bank and in hand | 54/58 | €123,873 | €112,517 | -€11,357 | -9.2% |
| Deferred charges and accrued income | 490/1 | €38,507 | €23,921 | -€14,586 | -37.9% |
| Total equity and liabilities | 10/49 | €1,428,805 | €1,575,028 | +€146,223 | +10.2% |
| Equity | 10/15 | €119,977 | €71,797 | -€48,180 | -40.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €10,297 | +€4,147 | +67.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | - | €4,147 | +€4,147 | |
| Profit (loss) carried forward | 14 | €52,327 | €0 | -€52,327 | -100.0% |
| Amounts payable | 17/49 | €1,308,827 | €1,503,231 | +€194,404 | +14.9% |
| Amounts payable after more than one year | 17 | €68,156 | €0 | -€68,156 | -100.0% |
| Financial debts | 170/4 | €68,156 | €0 | -€68,156 | -100.0% |
| Amounts payable within one year | 42/48 | €1,227,155 | €1,503,190 | +€276,035 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €62,424 | €68,156 | +€5,732 | +9.2% |
| Financial debts | 43 | - | €1,065 | +€1,065 | |
| Credit institutions | 430/8 | - | €1,065 | +€1,065 | |
| Trade debts | 44 | €756,786 | €405,139 | -€351,647 | -46.5% |
| Suppliers | 440/4 | €756,786 | €405,139 | -€351,647 | -46.5% |
| Taxes, remuneration and social security | 45 | €105,800 | €129,990 | +€24,189 | +22.9% |
| Taxes | 450/3 | €0 | €1,779 | +€1,779 | |
| Remuneration and social security | 454/9 | €105,800 | €128,211 | +€22,410 | +21.2% |
| Other amounts payable | 47/48 | €302,145 | €898,840 | +€596,696 | +197.5% |
| Accrued charges and deferred income | 492/3 | €13,516 | €41 | -€13,475 | -99.7% |
| Remuneration, social security and pensions | 62 | €919,166 | €1,123,714 | +€204,548 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €236,111 | €264,718 | +€28,608 | +12.1% |
| Other operating charges | 640/8 | €18,314 | €6,492 | -€11,822 | -64.6% |
| Gross operating margin | 9900 | €2,057,417 | €1,927,717 | -€129,701 | -6.3% |
| Operating profit (loss) | 9901 | €883,826 | €532,792 | -€351,034 | -39.7% |
| Financial income | 75/76B | €2,561 | €510 | -€2,051 | -80.1% |
| Recurring financial income | 75 | €2,561 | €510 | -€2,051 | -80.1% |
| Financial charges | 65/66B | €5,034 | €10,568 | +€5,533 | +109.9% |
| Recurring financial charges | 65 | €5,034 | €10,568 | +€5,533 | +109.9% |
| Profit (loss) for the period before taxes | 9903 | €881,353 | €522,735 | -€358,618 | -40.7% |
| Income taxes | 67/77 | €112,765 | €65,915 | -€46,850 | -41.5% |
| Profit (loss) for the period | 9904 | €768,588 | €456,820 | -€311,768 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €768,588 | €456,820 | -€311,768 | -40.6% |
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 7 October 2026 via checked.be.