OCES GROUP: 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.
OCES GROUP
Largest movements
- Receivables within one year +€429,805
up €429,805 (+27.5%), from €1.6m to €2.0m
of which Trade receivables: +€410,814
- Cash -€162,346
down €162,346 (-69.9%), from €232,178 to €69,832
mainly Receivables within one year (-€429,805) and Stocks and contracts (-€70,635)
- Stocks and contracts +€70,635
up €70,635 (+2.8%), from €2.5m to €2.6m
- Profit (loss) carried forward +€246,592
up €246,592 (+12.8%), from €1.9m to €2.2m
- Tax, wage and social debts +€74,295
up €74,295 (+17.8%), from €417,393 to €491,688
of which Taxes: +€105,548
- Trade debts +€63,193
up €63,193 (+3.3%), from €1.9m to €2.0m
- Other debts -€55,830
down €55,830 (-70.9%), from €78,791 to €22,961
- Staff costs -€57,812
down €57,812 (-8.3%), from €692,773 to €634,961
- Other operating charges +€38,429
up €38,429 (+76.1%), from €50,504 to €88,933
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 | €4,447,779 | €4,768,530 | +€320,751 | +7.2% |
| Fixed assets | 21/28 | €93,985 | €76,858 | -€17,128 | -18.2% |
| Intangible fixed assets | 21 | €1,250 | - | -€1,250 | |
| Tangible fixed assets | 22/27 | €83,735 | €67,858 | -€15,878 | -19.0% |
| Plant, machinery and equipment | 23 | €53,021 | €48,862 | -€4,160 | -7.8% |
| Furniture and vehicles | 24 | €18,806 | €9,201 | -€9,605 | -51.1% |
| Other tangible fixed assets | 26 | €11,908 | €9,795 | -€2,113 | -17.7% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €4,353,794 | €4,691,672 | +€337,879 | +7.8% |
| Stocks and contracts in progress | 3 | €2,544,510 | €2,615,145 | +€70,635 | +2.8% |
| Stocks | 30/36 | €2,544,510 | €2,615,145 | +€70,635 | +2.8% |
| Amounts receivable within one year | 40/41 | €1,561,064 | €1,990,868 | +€429,805 | +27.5% |
| Trade receivables | 40 | €1,544,580 | €1,955,394 | +€410,814 | +26.6% |
| Other amounts receivable | 41 | €16,484 | €35,474 | +€18,990 | +115% |
| Cash at bank and in hand | 54/58 | €232,178 | €69,832 | -€162,346 | -69.9% |
| Deferred charges and accrued income | 490/1 | €16,042 | €15,827 | -€215 | -1.3% |
| Total equity and liabilities | 10/49 | €4,447,779 | €4,768,530 | +€320,751 | +7.2% |
| Equity | 10/15 | €1,944,960 | €2,191,552 | +€246,592 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,025 | €2,025 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,025 | €2,025 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,025 | €2,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,924,335 | €2,170,927 | +€246,592 | +12.8% |
| Amounts payable | 17/49 | €2,502,819 | €2,576,977 | +€74,158 | +3.0% |
| Amounts payable within one year | 42/48 | €2,495,319 | €2,576,977 | +€81,658 | +3.3% |
| Trade debts | 44 | €1,928,253 | €1,991,446 | +€63,193 | +3.3% |
| Suppliers | 440/4 | €1,928,253 | €1,991,446 | +€63,193 | +3.3% |
| Advances received on contracts in progress | 46 | €70,882 | €70,882 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €417,393 | €491,688 | +€74,295 | +17.8% |
| Taxes | 450/3 | €189,136 | €294,684 | +€105,548 | +55.8% |
| Remuneration and social security | 454/9 | €228,257 | €197,004 | -€31,253 | -13.7% |
| Other amounts payable | 47/48 | €78,791 | €22,961 | -€55,830 | -70.9% |
| Accrued charges and deferred income | 492/3 | €7,500 | - | -€7,500 | |
| Remuneration, social security and pensions | 62 | €692,773 | €634,961 | -€57,812 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,529 | €39,025 | -€8,504 | -17.9% |
| Other operating charges | 640/8 | €50,504 | €88,933 | +€38,429 | +76.1% |
| Gross operating margin | 9900 | €1,104,829 | €1,112,534 | +€7,705 | +0.7% |
| Operating profit (loss) | 9901 | €314,023 | €349,616 | +€35,593 | +11.3% |
| Financial income | 75/76B | €3,461 | €3,243 | -€218 | -6.3% |
| Recurring financial income | 75 | €3,461 | €3,243 | -€218 | -6.3% |
| Financial charges | 65/66B | €7,826 | €15,113 | +€7,287 | +93.1% |
| Recurring financial charges | 65 | €7,826 | €15,113 | +€7,287 | +93.1% |
| Profit (loss) for the period before taxes | 9903 | €309,658 | €337,746 | +€28,088 | +9.1% |
| Income taxes | 67/77 | €84,769 | €91,154 | +€6,385 | +7.5% |
| Profit (loss) for the period | 9904 | €224,888 | €246,592 | +€21,704 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €224,888 | €246,592 | +€21,704 | +9.7% |
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 16 October 2026 via checked.be.