OC MANAGEMENT: 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.
OC MANAGEMENT
Largest movements
- Cash -€61,011
down €61,011 (-59.7%), from €102,271 to €41,260
mainly Contributions, distributions and other (-€245,837) and Tax, wage and social debts (-€24,995)
- Tangible fixed assets -€39,078
down €39,078 (-10.3%), from €378,974 to €339,896
of which Land and buildings: -€33,938
- Receivables within one year -€20,455
down €20,455 (-11.3%), from €181,483 to €161,028
of which Other amounts receivable: -€97,458
- Reserves -€225,800
down €225,800 (-38.4%), from €587,400 to €361,600
- Other debts +€124,621
up €124,621 (+97.3%), from €128,145 to €252,766
- Tax, wage and social debts -€24,995
down €24,995 (-84.6%), from €29,559 to €4,563
- Gross operating margin +€7,169
up €7,169 (+10.5%), from €68,301 to €75,470
- Financial charges -€5,129
down €5,129 (-80.8%), from €6,349 to €1,219
- Taxes +€3,489
up €3,489 (+59.1%), from €5,905 to €9,393
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 | €772,448 | €650,580 | -€121,868 | -15.8% |
| Fixed assets | 21/28 | €384,134 | €345,056 | -€39,078 | -10.2% |
| Tangible fixed assets | 22/27 | €378,974 | €339,896 | -€39,078 | -10.3% |
| Land and buildings | 22 | €357,747 | €323,809 | -€33,938 | -9.5% |
| Plant, machinery and equipment | 23 | €13,470 | €9,439 | -€4,031 | -29.9% |
| Furniture and vehicles | 24 | €7,757 | €6,648 | -€1,109 | -14.3% |
| Financial fixed assets | 28 | €5,160 | €5,160 | = | 0.0% |
| Current assets | 29/58 | €388,314 | €305,524 | -€82,790 | -21.3% |
| Amounts receivable within one year | 40/41 | €181,483 | €161,028 | -€20,455 | -11.3% |
| Trade receivables | 40 | €17,095 | €94,097 | +€77,003 | +450.5% |
| Other amounts receivable | 41 | €164,388 | €66,930 | -€97,458 | -59.3% |
| Current investments | 50/53 | €100,150 | €100,150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102,271 | €41,260 | -€61,011 | -59.7% |
| Deferred charges and accrued income | 490/1 | €4,410 | €3,086 | -€1,324 | -30.0% |
| Total equity and liabilities | 10/49 | €772,448 | €650,580 | -€121,868 | -15.8% |
| Equity | 10/15 | €607,650 | €381,882 | -€225,768 | -37.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €587,400 | €361,600 | -€225,800 | -38.4% |
| Distributable reserves | 133 | €587,400 | €361,600 | -€225,800 | -38.4% |
| Profit (loss) carried forward | 14 | €192 | €261 | +€69 | +35.7% |
| Investment grants | 15 | €58 | €21 | -€37 | -63.1% |
| Amounts payable | 17/49 | €164,798 | €268,698 | +€103,900 | +63.0% |
| Amounts payable within one year | 42/48 | €164,798 | €268,698 | +€103,900 | +63.0% |
| Trade debts | 44 | €6,852 | €11,126 | +€4,274 | +62.4% |
| Suppliers | 440/4 | €6,852 | €11,126 | +€4,274 | +62.4% |
| Advances received on contracts in progress | 46 | €242 | €242 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,559 | €4,563 | -€24,995 | -84.6% |
| Taxes | 450/3 | €29,559 | €4,563 | -€24,995 | -84.6% |
| Other amounts payable | 47/48 | €128,145 | €252,766 | +€124,621 | +97.3% |
| Non-recurring operating income | 76A | - | €905 | +€905 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,215 | €42,874 | -€341 | -0.8% |
| Other operating charges | 640/8 | €2,858 | €2,730 | -€127 | -4.5% |
| Non-recurring operating charges | 66A | - | €1,194 | +€1,194 | |
| Gross operating margin | 9900 | €68,301 | €75,470 | +€7,169 | +10.5% |
| Operating profit (loss) | 9901 | €22,228 | €28,671 | +€6,443 | +29.0% |
| Financial income | 75/76B | €1,644 | €2,010 | +€366 | +22.3% |
| Recurring financial income | 75 | €1,644 | €2,010 | +€366 | +22.3% |
| Financial charges | 65/66B | €6,349 | €1,219 | -€5,129 | -80.8% |
| Recurring financial charges | 65 | €6,349 | €1,219 | -€5,129 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €17,523 | €29,462 | +€11,938 | +68.1% |
| Income taxes | 67/77 | €5,905 | €9,393 | +€3,489 | +59.1% |
| Profit (loss) for the period | 9904 | €11,619 | €20,069 | +€8,450 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,619 | €20,069 | +€8,450 | +72.7% |
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 12 October 2026 via checked.be.