OASE: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
OASE
Largest movements
- Cash +€160,080
up €160,080 (+129%), from €123,832 to €283,912
mainly Net result for the year (+€123,267) and Depreciation (+€101,821)
- Receivables within one year +€54,998
up €54,998 (+43.2%), from €127,337 to €182,335
of which Trade receivables: +€37,988
- Profit (loss) carried forward +€123,267
up €123,267 (+11.0%), from €1.1m to €1.2m
- Trade debts +€47,653
up €47,653 (+42.0%), from €113,529 to €161,182
- Gross operating margin +€31,300
up €31,300 (+5.6%), from €563,517 to €594,817
- Other operating charges +€15,496
up €15,496 (+60.0%), from €25,839 to €41,335
- Depreciation +€11,038
up €11,038 (+12.2%), from €90,784 to €101,821
- Financial income -€6,233
down €6,233 (-15.4%), from €40,586 to €34,353
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,861,716 | €2,052,205 | +€190,489 | +10.2% |
| Fixed assets | 21/28 | €509,643 | €497,937 | -€11,706 | -2.3% |
| Tangible fixed assets | 22/27 | €509,112 | €497,406 | -€11,706 | -2.3% |
| Land and buildings | 22 | €425,739 | €369,653 | -€56,087 | -13.2% |
| Plant, machinery and equipment | 23 | €46,881 | €89,562 | +€42,681 | +91.0% |
| Furniture and vehicles | 24 | €36,492 | €38,192 | +€1,700 | +4.7% |
| Financial fixed assets | 28 | €531 | €531 | = | 0.0% |
| Current assets | 29/58 | €1,352,073 | €1,554,268 | +€202,195 | +15.0% |
| Stocks and contracts in progress | 3 | €300,904 | €288,021 | -€12,883 | -4.3% |
| Stocks | 30/36 | €300,904 | €288,021 | -€12,883 | -4.3% |
| Amounts receivable within one year | 40/41 | €127,337 | €182,335 | +€54,998 | +43.2% |
| Trade receivables | 40 | €113,298 | €151,286 | +€37,988 | +33.5% |
| Other amounts receivable | 41 | €14,039 | €31,049 | +€17,010 | +121% |
| Current investments | 50/53 | €800,000 | €800,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €123,832 | €283,912 | +€160,080 | +129% |
| Total equity and liabilities | 10/49 | €1,861,716 | €2,052,205 | +€190,489 | +10.2% |
| Equity | 10/15 | €1,604,267 | €1,727,535 | +€123,267 | +7.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €378,886 | €378,886 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,485 | €5,485 | = | 0.0% |
| Distributable reserves | 133 | €363,401 | €363,401 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,125,382 | €1,248,649 | +€123,267 | +11.0% |
| Amounts payable | 17/49 | €257,448 | €324,670 | +€67,221 | +26.1% |
| Amounts payable within one year | 42/48 | €171,145 | €228,690 | +€57,545 | +33.6% |
| Trade debts | 44 | €113,529 | €161,182 | +€47,653 | +42.0% |
| Suppliers | 440/4 | €113,529 | €161,182 | +€47,653 | +42.0% |
| Taxes, remuneration and social security | 45 | €35,477 | €47,484 | +€12,007 | +33.8% |
| Taxes | 450/3 | €9,062 | €18,883 | +€9,821 | +108% |
| Remuneration and social security | 454/9 | €26,415 | €28,602 | +€2,186 | +8.3% |
| Other amounts payable | 47/48 | €22,139 | €20,024 | -€2,115 | -9.6% |
| Accrued charges and deferred income | 492/3 | €86,304 | €95,980 | +€9,676 | +11.2% |
| Remuneration, social security and pensions | 62 | €293,049 | €292,820 | -€229 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,784 | €101,821 | +€11,038 | +12.2% |
| Other operating charges | 640/8 | €25,839 | €41,335 | +€15,496 | +60.0% |
| Gross operating margin | 9900 | €563,517 | €594,817 | +€31,300 | +5.6% |
| Operating profit (loss) | 9901 | €153,845 | €158,841 | +€4,995 | +3.2% |
| Financial income | 75/76B | €40,586 | €34,353 | -€6,233 | -15.4% |
| Recurring financial income | 75 | €40,586 | €34,353 | -€6,233 | -15.4% |
| Financial charges | 65/66B | €23,176 | €27,995 | +€4,819 | +20.8% |
| Recurring financial charges | 65 | €23,176 | €27,995 | +€4,819 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €171,255 | €165,198 | -€6,057 | -3.5% |
| Income taxes | 67/77 | €45,000 | €41,931 | -€3,069 | -6.8% |
| Profit (loss) for the period | 9904 | €126,255 | €123,267 | -€2,988 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €126,255 | €123,267 | -€2,988 | -2.4% |
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 1 November 2026 via checked.be.