Ochtendlicht: 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.
Ochtendlicht
Largest movements
- Cash -€94,043
down €94,043 (-85.0%), from €110,576 to €16,532
mainly Current investments (-€60,000) and Debts after one year (-€45,716)
- Current investments +€60,000
new in 2025: €60,000
- Tangible fixed assets -€11,052
down €11,052 (-1.4%), from €778,166 to €767,113
of which Land and buildings: -€14,402
- Debts after one year -€45,716
down €45,716 (-9.1%), from €502,134 to €456,418
- Other debts +€12,102
up €12,102 (+285%), from €4,242 to €16,344
- Accrued charges and deferred income -€10,084
down €10,084 (-58.6%), from €17,199 to €7,116
- Gross operating margin +€11,737
up €11,737 (+44.1%), from €26,589 to €38,326
- Financial charges -€9,686
down €9,686 (-45.3%), from €21,389 to €11,703
- Depreciation +€5,839
up €5,839 (+38.1%), from €15,323 to €21,162
- Financial income +€806
up €806 (+2,472%), from €33 to €838
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 | €892,755 | €848,838 | -€43,917 | -4.9% |
| Fixed assets | 21/28 | €778,166 | €767,113 | -€11,052 | -1.4% |
| Tangible fixed assets | 22/27 | €778,166 | €767,113 | -€11,052 | -1.4% |
| Land and buildings | 22 | €778,166 | €763,763 | -€14,402 | -1.9% |
| Furniture and vehicles | 24 | - | €3,350 | +€3,350 | |
| Current assets | 29/58 | €114,590 | €81,725 | -€32,865 | -28.7% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €110,576 | €16,532 | -€94,043 | -85.0% |
| Deferred charges and accrued income | 490/1 | €4,014 | €5,193 | +€1,179 | +29.4% |
| Total equity and liabilities | 10/49 | €892,755 | €848,838 | -€43,917 | -4.9% |
| Equity | 10/15 | €318,215 | €318,013 | -€203 | -0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €299,623 | €299,421 | -€203 | -0.1% |
| Distributable reserves | 133 | €299,623 | €299,421 | -€203 | -0.1% |
| Amounts payable | 17/49 | €574,540 | €530,826 | -€43,715 | -7.6% |
| Amounts payable after more than one year | 17 | €502,134 | €456,418 | -€45,716 | -9.1% |
| Financial debts | 170/4 | €502,134 | €456,418 | -€45,716 | -9.1% |
| Amounts payable within one year | 42/48 | €55,207 | €67,292 | +€12,085 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €42,627 | €46,394 | +€3,767 | +8.8% |
| Trade debts | 44 | €2,186 | €2,484 | +€298 | +13.6% |
| Suppliers | 440/4 | €2,186 | €2,484 | +€298 | +13.6% |
| Taxes, remuneration and social security | 45 | €6,151 | €2,070 | -€4,081 | -66.4% |
| Taxes | 450/3 | €6,151 | €2,070 | -€4,081 | -66.4% |
| Other amounts payable | 47/48 | €4,242 | €16,344 | +€12,102 | +285% |
| Accrued charges and deferred income | 492/3 | €17,199 | €7,116 | -€10,084 | -58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,323 | €21,162 | +€5,839 | +38.1% |
| Other operating charges | 640/8 | €6,262 | €6,503 | +€240 | +3.8% |
| Gross operating margin | 9900 | €26,589 | €38,326 | +€11,737 | +44.1% |
| Operating profit (loss) | 9901 | €5,004 | €10,662 | +€5,658 | +113% |
| Financial income | 75/76B | €33 | €838 | +€806 | +2,472% |
| Recurring financial income | 75 | €33 | €838 | +€806 | +2,472% |
| Financial charges | 65/66B | €21,389 | €11,703 | -€9,686 | -45.3% |
| Recurring financial charges | 65 | €21,389 | €11,703 | -€9,686 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,352 | -€203 | +€16,150 | +98.8% |
| Profit (loss) for the period | 9904 | -€16,352 | -€203 | +€16,150 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,352 | -€203 | +€16,150 | +98.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.