OASE: 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.
OASE
Largest movements
- Tangible fixed assets +€26,771
up €26,771 (+292%), from €9,181 to €35,951
of which Furniture and vehicles: +€26,209
- Receivables within one year +€20,739
up €20,739 (+17.5%), from €118,842 to €139,581
of which Other amounts receivable: +€15,358
- Cash +€4,401
up €4,401 (+1,159%), from €380 to €4,781
mainly Net result for the year (+€32,019) and Other debts (+€17,560)
- Deferred charges and accrued income +€2,257
up €2,257 (+34.1%), from €6,628 to €8,885
- Profit (loss) carried forward +€32,019
up €32,019 (+40.0%), from -€80,062 to -€48,043
- Other debts +€17,560
up €17,560 (+15.4%), from €113,818 to €131,378
- Tax, wage and social debts +€2,906
up €2,906 (+119%), from €2,451 to €5,357
of which Taxes: +€2,906
- Gross operating margin +€32,051
up €32,051 (+559%), from €5,737 to €37,789
- Depreciation +€4,242
up €4,242 (+187%), from €2,270 to €6,512
- Other operating charges +€1,635
up €1,635 (+232%), from €706 to €2,341
- Financial income +€659
up €659 (+23.4%), from €2,816 to €3,475
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 | €143,349 | €197,170 | +€53,821 | +37.5% |
| Fixed assets | 21/28 | €14,281 | €41,051 | +€26,771 | +187% |
| Tangible fixed assets | 22/27 | €9,181 | €35,951 | +€26,771 | +292% |
| Plant, machinery and equipment | 23 | €6,445 | €7,007 | +€561 | +8.7% |
| Furniture and vehicles | 24 | €2,735 | €28,945 | +€26,209 | +958% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €129,068 | €156,119 | +€27,051 | +21.0% |
| Stocks and contracts in progress | 3 | €3,218 | €2,872 | -€347 | -10.8% |
| Stocks | 30/36 | €3,218 | €2,872 | -€347 | -10.8% |
| Amounts receivable within one year | 40/41 | €118,842 | €139,581 | +€20,739 | +17.5% |
| Trade receivables | 40 | €11,416 | €16,797 | +€5,381 | +47.1% |
| Other amounts receivable | 41 | €107,426 | €122,784 | +€15,358 | +14.3% |
| Cash at bank and in hand | 54/58 | €380 | €4,781 | +€4,401 | +1,159% |
| Deferred charges and accrued income | 490/1 | €6,628 | €8,885 | +€2,257 | +34.1% |
| Total equity and liabilities | 10/49 | €143,349 | €197,170 | +€53,821 | +37.5% |
| Equity | 10/15 | €23,313 | €55,332 | +€32,019 | +137% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €53,797 | €53,797 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,229 | €16,229 | = | 0.0% |
| Other | 1319 | €16,229 | €16,229 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,568 | €37,568 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,062 | -€48,043 | +€32,019 | +40.0% |
| Amounts payable | 17/49 | €120,035 | €141,838 | +€21,803 | +18.2% |
| Amounts payable within one year | 42/48 | €120,035 | €141,838 | +€21,803 | +18.2% |
| Trade debts | 44 | €3,766 | €5,103 | +€1,336 | +35.5% |
| Suppliers | 440/4 | €3,766 | €5,103 | +€1,336 | +35.5% |
| Taxes, remuneration and social security | 45 | €2,451 | €5,357 | +€2,906 | +119% |
| Taxes | 450/3 | €1,626 | €4,532 | +€2,906 | +179% |
| Remuneration and social security | 454/9 | €825 | €825 | = | 0.0% |
| Other amounts payable | 47/48 | €113,818 | €131,378 | +€17,560 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,270 | €6,512 | +€4,242 | +187% |
| Other operating charges | 640/8 | €706 | €2,341 | +€1,635 | +232% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €5,737 | €37,789 | +€32,051 | +559% |
| Operating profit (loss) | 9901 | €2,761 | €28,872 | +€26,111 | +946% |
| Financial income | 75/76B | €2,816 | €3,475 | +€659 | +23.4% |
| Recurring financial income | 75 | €2,816 | €3,475 | +€659 | +23.4% |
| Financial charges | 65/66B | €189 | €197 | +€7 | +3.8% |
| Recurring financial charges | 65 | €189 | €197 | +€7 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €5,387 | €32,151 | +€26,763 | +497% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | €5,259 | €32,019 | +€26,759 | +509% |
| Profit (loss) for the period to be appropriated | 9905 | €5,259 | €32,019 | +€26,759 | +509% |
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 30 October 2026 via checked.be.