Oe Ist: 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.
Oe Ist
Largest movements
- Cash -€26,590
down €26,590 (-46.8%), from €56,768 to €30,178
mainly Investment in fixed assets (net) (-€16,423) and Deferred charges and accrued income (-€13,675)
- Deferred charges and accrued income +€13,675
up €13,675 (+1,823%), from €750 to €14,425
- Receivables within one year +€12,385
up €12,385 (+60.4%), from €20,518 to €32,903
of which Other amounts receivable: +€11,475
- Tangible fixed assets +€8,083
up €8,083 (+28.2%), from €28,694 to €36,777
of which Other tangible fixed assets: +€9,101
- Other debts +€8,983
up €8,983 (+311%), from €2,889 to €11,872
- Debts after one year -€2,710
down €2,710 (-59.1%), from €4,589 to €1,879
- Reserves +€1,640
up €1,640 (+1.9%), from €86,120 to €87,759
- Financial charges +€26,688
up €26,688 (+385%), from €6,928 to €33,615
- Taxes -€11,084
down €11,084 (-75.6%), from €14,656 to €3,572
- Gross operating margin -€10,807
down €10,807 (-17.5%), from €61,849 to €51,042
- Depreciation +€3,067
up €3,067 (+58.2%), from €5,272 to €8,340
- Other operating charges +€1,632
up €1,632 (+69.9%), from €2,334 to €3,966
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 | €106,731 | €114,284 | +€7,553 | +7.1% |
| Fixed assets | 21/28 | €28,694 | €36,777 | +€8,083 | +28.2% |
| Tangible fixed assets | 22/27 | €28,694 | €36,777 | +€8,083 | +28.2% |
| Land and buildings | 22 | €2,750 | €2,466 | -€284 | -10.3% |
| Plant, machinery and equipment | 23 | €15,195 | €15,728 | +€534 | +3.5% |
| Furniture and vehicles | 24 | €3,330 | €2,063 | -€1,268 | -38.1% |
| Other tangible fixed assets | 26 | €7,419 | €16,520 | +€9,101 | +123% |
| Current assets | 29/58 | €78,036 | €77,506 | -€530 | -0.7% |
| Amounts receivable within one year | 40/41 | €20,518 | €32,903 | +€12,385 | +60.4% |
| Trade receivables | 40 | €17,070 | €17,980 | +€910 | +5.3% |
| Other amounts receivable | 41 | €3,448 | €14,923 | +€11,475 | +333% |
| Cash at bank and in hand | 54/58 | €56,768 | €30,178 | -€26,590 | -46.8% |
| Deferred charges and accrued income | 490/1 | €750 | €14,425 | +€13,675 | +1,823% |
| Total equity and liabilities | 10/49 | €106,731 | €114,284 | +€7,553 | +7.1% |
| Equity | 10/15 | €88,120 | €89,759 | +€1,640 | +1.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €86,120 | €87,759 | +€1,640 | +1.9% |
| Distributable reserves | 133 | €86,120 | €87,759 | +€1,640 | +1.9% |
| Amounts payable | 17/49 | €18,611 | €24,524 | +€5,913 | +31.8% |
| Amounts payable after more than one year | 17 | €4,589 | €1,879 | -€2,710 | -59.1% |
| Financial debts | 170/4 | €4,589 | €1,879 | -€2,710 | -59.1% |
| Amounts payable within one year | 42/48 | €14,022 | €22,645 | +€8,623 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €3,549 | €2,710 | -€839 | -23.7% |
| Trade debts | 44 | €1,201 | €1,987 | +€786 | +65.4% |
| Suppliers | 440/4 | €1,201 | €1,987 | +€786 | +65.4% |
| Taxes, remuneration and social security | 45 | €6,382 | €6,075 | -€307 | -4.8% |
| Taxes | 450/3 | €6,382 | €6,075 | -€307 | -4.8% |
| Other amounts payable | 47/48 | €2,889 | €11,872 | +€8,983 | +311% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,272 | €8,340 | +€3,067 | +58.2% |
| Other operating charges | 640/8 | €2,334 | €3,966 | +€1,632 | +69.9% |
| Non-recurring operating charges | 66A | - | €131 | +€131 | |
| Gross operating margin | 9900 | €61,849 | €51,042 | -€10,807 | -17.5% |
| Operating profit (loss) | 9901 | €54,242 | €38,606 | -€15,637 | -28.8% |
| Financial income | 75/76B | €290 | €222 | -€68 | -23.6% |
| Recurring financial income | 75 | €290 | €222 | -€68 | -23.6% |
| Financial charges | 65/66B | €6,928 | €33,615 | +€26,688 | +385% |
| Recurring financial charges | 65 | €6,928 | €33,615 | +€26,688 | +385% |
| Profit (loss) for the period before taxes | 9903 | €47,605 | €5,212 | -€42,393 | -89.1% |
| Income taxes | 67/77 | €14,656 | €3,572 | -€11,084 | -75.6% |
| Profit (loss) for the period | 9904 | €32,949 | €1,640 | -€31,309 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,949 | €1,640 | -€31,309 | -95.0% |
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 18 October 2026 via checked.be.