OCpalo: what changed
Two fiscal 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.
OCpalo
Largest movements
- Tangible fixed assets +€517,452
up €517,452 (+51742.6%), from €1,000 to €518,452
of which Land and buildings: +€508,016
- Cash -€68,737
down €68,737 (-86.4%), from €79,530 to €10,793
mainly Investment in fixed assets (net) (-€581,291) and Net result for the year (-€90,138)
- Intangible fixed assets -€12,000
down €12,000 (-28.6%), from €41,951 to €29,951
- Debts after one year +€500,335
new in 2025: €500,335
of which Financial debts: +€500,275
- Profit (loss) carried forward -€90,138
down €90,138, from €36,354 to -€53,784
- Current portion of long-term debt +€23,622
new in 2025: €23,622
- Gross operating margin -€66,845
down €66,845, from €65,483 to -€1,362
- Depreciation +€63,340
up €63,340 (+506.7%), from €12,500 to €75,840
- Taxes -€17,997
down €17,997, from €15,567 to -€2,430
- Financial charges +€12,319
up €12,319 (+150594.7%), from €8 to €12,327
- Other operating charges +€1,846
up €1,846 (+154.5%), from €1,195 to €3,042
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 | €127,016 | €560,236 | +€433,220 | +341.1% |
| Fixed assets | 21/28 | €42,951 | €548,402 | +€505,452 | +1176.8% |
| Intangible fixed assets | 21 | €41,951 | €29,951 | -€12,000 | -28.6% |
| Tangible fixed assets | 22/27 | €1,000 | €518,452 | +€517,452 | +51742.6% |
| Land and buildings | 22 | - | €508,016 | +€508,016 | |
| Furniture and vehicles | 24 | €1,000 | €10,436 | +€9,436 | +943.6% |
| Current assets | 29/58 | €84,065 | €11,834 | -€72,231 | -85.9% |
| Amounts receivable after more than one year | 29 | - | €334 | +€334 | |
| Other amounts receivable | 291 | - | €334 | +€334 | |
| Cash at bank and in hand | 54/58 | €79,530 | €10,793 | -€68,737 | -86.4% |
| Deferred charges and accrued income | 490/1 | €4,536 | €707 | -€3,829 | -84.4% |
| Total equity and liabilities | 10/49 | €127,016 | €560,236 | +€433,220 | +341.1% |
| Equity | 10/15 | €66,355 | -€23,783 | -€90,138 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,354 | -€53,784 | -€90,138 | |
| Amounts payable | 17/49 | €60,661 | €584,020 | +€523,358 | +862.8% |
| Amounts payable after more than one year | 17 | - | €500,335 | +€500,335 | |
| Financial debts | 170/4 | - | €500,275 | +€500,275 | |
| Other amounts payable | 178/9 | - | €60 | +€60 | |
| Amounts payable within one year | 42/48 | €60,661 | €80,562 | +€19,901 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | - | €23,622 | +€23,622 | |
| Trade debts | 44 | €484 | €371 | -€113 | -23.3% |
| Suppliers | 440/4 | €484 | €371 | -€113 | -23.3% |
| Taxes, remuneration and social security | 45 | €16,918 | €13,138 | -€3,780 | -22.3% |
| Taxes | 450/3 | €16,918 | €13,138 | -€3,780 | -22.3% |
| Other amounts payable | 47/48 | €43,259 | €43,431 | +€171 | +0.4% |
| Accrued charges and deferred income | 492/3 | - | €3,122 | +€3,122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,500 | €75,840 | +€63,340 | +506.7% |
| Other operating charges | 640/8 | €1,195 | €3,042 | +€1,846 | +154.5% |
| Gross operating margin | 9900 | €65,483 | -€1,362 | -€66,845 | |
| Operating profit (loss) | 9901 | €51,788 | -€80,243 | -€132,031 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €8 | €12,327 | +€12,319 | +150594.7% |
| Recurring financial charges | 65 | €8 | €12,327 | +€12,319 | +150594.7% |
| Profit (loss) for the period before taxes | 9903 | €51,780 | -€92,568 | -€144,348 | |
| Income taxes | 67/77 | €15,567 | -€2,430 | -€17,997 | |
| Profit (loss) for the period | 9904 | €36,213 | -€90,138 | -€126,351 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,213 | -€90,138 | -€126,351 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.