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 -€340,333
down €340,333 (-69.4%), from €490,603 to €150,271
mainly Other debts (-€315,652) and Receivables within one year (-€44,323)
- Receivables within one year +€44,323
up €44,323 (+164%), from €27,105 to €71,428
of which Trade receivables: +€35,679
- Deferred charges and accrued income -€6,211
down €6,211 (-98.1%), from €6,334 to €123
- Other debts -€315,652
down €315,652 (-86.0%), from €366,957 to €51,305
- Provisions +€19,270
up €19,270 (+107%), from €18,016 to €37,286
- Tax, wage and social debts -€10,217
down €10,217 (-39.3%), from €25,982 to €15,765
- Gross operating margin -€50,889
down €50,889 (-34.0%), from €149,858 to €98,969
- Taxes -€16,773
down €16,773 (-51.4%), from €32,644 to €15,871
- Financial income -€9,707
down €9,707 (-99.8%), from €9,722 to €16
- Financial charges +€8,737
up €8,737 (+71.2%), from €12,276 to €21,013
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 | €542,669 | €235,634 | -€307,035 | -56.6% |
| Fixed assets | 21/28 | €18,626 | €13,812 | -€4,814 | -25.8% |
| Tangible fixed assets | 22/27 | €18,626 | €13,812 | -€4,814 | -25.8% |
| Furniture and vehicles | 24 | €4,814 | €2,135 | -€2,679 | -55.6% |
| Other tangible fixed assets | 26 | €13,812 | €11,676 | -€2,136 | -15.5% |
| Current assets | 29/58 | €524,042 | €221,822 | -€302,220 | -57.7% |
| Amounts receivable within one year | 40/41 | €27,105 | €71,428 | +€44,323 | +164% |
| Trade receivables | 40 | €20,749 | €56,428 | +€35,679 | +172% |
| Other amounts receivable | 41 | €6,356 | €15,000 | +€8,644 | +136% |
| Cash at bank and in hand | 54/58 | €490,603 | €150,271 | -€340,333 | -69.4% |
| Deferred charges and accrued income | 490/1 | €6,334 | €123 | -€6,211 | -98.1% |
| Total equity and liabilities | 10/49 | €542,669 | €235,634 | -€307,035 | -56.6% |
| Equity | 10/15 | €128,696 | €128,696 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,096 | €110,096 | = | 0.0% |
| Distributable reserves | 133 | €110,096 | €110,096 | = | 0.0% |
| Provisions and deferred taxes | 16 | €18,016 | €37,286 | +€19,270 | +107% |
| Provisions for liabilities and charges | 160/5 | €18,016 | €37,286 | +€19,270 | +107% |
| Other liabilities and charges | 164/5 | €18,016 | €37,286 | +€19,270 | +107% |
| Amounts payable | 17/49 | €395,957 | €69,652 | -€326,305 | -82.4% |
| Amounts payable within one year | 42/48 | €395,957 | €69,652 | -€326,305 | -82.4% |
| Trade debts | 44 | €3,017 | €2,581 | -€436 | -14.4% |
| Suppliers | 440/4 | €3,017 | €2,581 | -€436 | -14.4% |
| Taxes, remuneration and social security | 45 | €25,982 | €15,765 | -€10,217 | -39.3% |
| Taxes | 450/3 | €25,982 | €15,765 | -€10,217 | -39.3% |
| Other amounts payable | 47/48 | €366,957 | €51,305 | -€315,652 | -86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,321 | €4,814 | -€506 | -9.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €18,016 | €19,270 | +€1,254 | +7.0% |
| Other operating charges | 640/8 | €495 | €1,045 | +€550 | +111% |
| Gross operating margin | 9900 | €149,858 | €98,969 | -€50,889 | -34.0% |
| Operating profit (loss) | 9901 | €126,026 | €73,840 | -€52,187 | -41.4% |
| Financial income | 75/76B | €9,722 | €16 | -€9,707 | -99.8% |
| Recurring financial income | 75 | €9,722 | €16 | -€9,707 | -99.8% |
| Financial charges | 65/66B | €12,276 | €21,013 | +€8,737 | +71.2% |
| Recurring financial charges | 65 | €12,276 | €21,013 | +€8,737 | +71.2% |
| Profit (loss) for the period before taxes | 9903 | €123,473 | €52,842 | -€70,630 | -57.2% |
| Income taxes | 67/77 | €32,644 | €15,871 | -€16,773 | -51.4% |
| Profit (loss) for the period | 9904 | €90,829 | €36,972 | -€53,857 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €90,829 | €36,972 | -€53,857 | -59.3% |
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 17 October 2026 via checked.be.