OERANG: 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.
OERANG
Largest movements
- Tangible fixed assets +€20,379
up €20,379 (+1.7%), from €1.2m to €1.2m
of which Leasing and similar rights: +€60,905
- Cash -€15,991
down €15,991 (-61.7%), from €25,928 to €9,936
mainly Investment in fixed assets (net) (-€70,000) and Accrued charges and deferred income (-€43,207)
- Accrued charges and deferred income -€43,207
down €43,207 (-97.7%), from €44,222 to €1,015
- Reserves +€35,886
up €35,886 (+31.7%), from €113,252 to €149,138
- Debts after one year -€18,620
down €18,620 (-1.8%), from €1.0m to €1.0m
- Other debts +€14,452
new in 2025: €14,452
- Depreciation +€9,166
up €9,166 (+22.7%), from €40,455 to €49,621
- Other operating charges +€3,941
up €3,941 (+181%), from €2,182 to €6,123
- Taxes +€3,227
up €3,227 (+25.7%), from €12,534 to €15,761
- Gross operating margin +€3,019
up €3,019 (+2.4%), from €127,368 to €130,387
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 | €1,276,384 | €1,285,184 | +€8,800 | +0.7% |
| Fixed assets | 21/28 | €1,199,429 | €1,219,809 | +€20,379 | +1.7% |
| Tangible fixed assets | 22/27 | €1,199,429 | €1,219,809 | +€20,379 | +1.7% |
| Land and buildings | 22 | €1,195,907 | €1,158,290 | -€37,617 | -3.1% |
| Plant, machinery and equipment | 23 | €428 | €8 | -€420 | -98.1% |
| Furniture and vehicles | 24 | €3,094 | €606 | -€2,488 | -80.4% |
| Leasing and similar rights | 25 | - | €60,905 | +€60,905 | |
| Current assets | 29/58 | €76,955 | €65,375 | -€11,580 | -15.0% |
| Amounts receivable within one year | 40/41 | €51,027 | €54,128 | +€3,101 | +6.1% |
| Trade receivables | 40 | €42,955 | €41,713 | -€1,242 | -2.9% |
| Other amounts receivable | 41 | €8,072 | €12,414 | +€4,342 | +53.8% |
| Cash at bank and in hand | 54/58 | €25,928 | €9,936 | -€15,991 | -61.7% |
| Deferred charges and accrued income | 490/1 | - | €1,311 | +€1,311 | |
| Total equity and liabilities | 10/49 | €1,276,384 | €1,285,184 | +€8,800 | +0.7% |
| Equity | 10/15 | €131,852 | €167,738 | +€35,886 | +27.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,252 | €149,138 | +€35,886 | +31.7% |
| Distributable reserves | 133 | €113,252 | €149,138 | +€35,886 | +31.7% |
| Amounts payable | 17/49 | €1,144,532 | €1,117,446 | -€27,086 | -2.4% |
| Amounts payable after more than one year | 17 | €1,018,951 | €1,000,332 | -€18,620 | -1.8% |
| Financial debts | 170/4 | €1,018,951 | €1,000,332 | -€18,620 | -1.8% |
| Amounts payable within one year | 42/48 | €81,359 | €116,100 | +€34,741 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €68,126 | €80,029 | +€11,903 | +17.5% |
| Trade debts | 44 | €10,109 | €14,937 | +€4,828 | +47.8% |
| Suppliers | 440/4 | €10,109 | €14,937 | +€4,828 | +47.8% |
| Taxes, remuneration and social security | 45 | €3,124 | €6,682 | +€3,557 | +114% |
| Taxes | 450/3 | €3,124 | €6,682 | +€3,557 | +114% |
| Other amounts payable | 47/48 | - | €14,452 | +€14,452 | |
| Accrued charges and deferred income | 492/3 | €44,222 | €1,015 | -€43,207 | -97.7% |
| Non-recurring operating income | 76A | - | €7,000 | +€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,455 | €49,621 | +€9,166 | +22.7% |
| Other operating charges | 640/8 | €2,182 | €6,123 | +€3,941 | +181% |
| Gross operating margin | 9900 | €127,368 | €130,387 | +€3,019 | +2.4% |
| Operating profit (loss) | 9901 | €84,731 | €74,644 | -€10,088 | -11.9% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €23,262 | €22,997 | -€265 | -1.1% |
| Recurring financial charges | 65 | €23,262 | €22,997 | -€265 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €61,470 | €51,647 | -€9,823 | -16.0% |
| Income taxes | 67/77 | €12,534 | €15,761 | +€3,227 | +25.7% |
| Profit (loss) for the period | 9904 | €48,935 | €35,886 | -€13,050 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,935 | €35,886 | -€13,050 | -26.7% |
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 25 October 2026 via checked.be.