OFS: 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.
OFS
Largest movements
- Tangible fixed assets +€24,624
up €24,624 (+28.9%), from €85,252 to €109,876
of which Plant, machinery and equipment: +€17,258
- Financial fixed assets -€5,000
down €5,000 (-6.0%), from €83,745 to €78,745
- Receivables within one year -€3,077
down €3,077 (-2.9%), from €104,721 to €101,644
of which Trade receivables: -€6,859
- Reserves -€16,600
down €16,600 (-17.4%), from €95,185 to €78,585
- Current portion of long-term debt +€9,006
up €9,006 (+39.8%), from €22,656 to €31,662
- Trade debts +€7,434
up €7,434 (+46.2%), from €16,079 to €23,513
- Profit (loss) carried forward +€7,335
up €7,335 (+40.2%), from -€18,257 to -€10,922
- Debts after one year +€6,672
up €6,672 (+12.7%), from €52,650 to €59,321
- Other operating charges -€13,084
no longer reported in 2025 (was €13,084)
- Financial charges +€3,393
up €3,393 (+29.0%), from €11,695 to €15,088
- Taxes +€2,331
up €2,331 (+1011.6%), from €230 to €2,561
- Depreciation -€1,870
down €1,870 (-5.4%), from €34,584 to €32,714
- Gross operating margin +€927
up €927 (+1.6%), from €56,260 to €57,187
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 | €275,605 | €293,495 | +€17,890 | +6.5% |
| Fixed assets | 21/28 | €168,998 | €188,622 | +€19,624 | +11.6% |
| Tangible fixed assets | 22/27 | €85,252 | €109,876 | +€24,624 | +28.9% |
| Land and buildings | 22 | - | €1,899 | +€1,899 | |
| Plant, machinery and equipment | 23 | €16,323 | €33,581 | +€17,258 | +105.7% |
| Furniture and vehicles | 24 | €68,929 | €74,397 | +€5,468 | +7.9% |
| Financial fixed assets | 28 | €83,745 | €78,745 | -€5,000 | -6.0% |
| Current assets | 29/58 | €106,607 | €104,873 | -€1,734 | -1.6% |
| Amounts receivable within one year | 40/41 | €104,721 | €101,644 | -€3,077 | -2.9% |
| Trade receivables | 40 | €104,610 | €97,751 | -€6,859 | -6.6% |
| Other amounts receivable | 41 | €111 | €3,893 | +€3,782 | +3405.5% |
| Cash at bank and in hand | 54/58 | - | €75 | +€75 | |
| Deferred charges and accrued income | 490/1 | €1,887 | €3,155 | +€1,268 | +67.2% |
| Total equity and liabilities | 10/49 | €275,605 | €293,495 | +€17,890 | +6.5% |
| Equity | 10/15 | €78,927 | €69,663 | -€9,265 | -11.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €95,185 | €78,585 | -€16,600 | -17.4% |
| Distributable reserves | 133 | €95,185 | €78,585 | -€16,600 | -17.4% |
| Profit (loss) carried forward | 14 | -€18,257 | -€10,922 | +€7,335 | +40.2% |
| Amounts payable | 17/49 | €196,678 | €223,832 | +€27,155 | +13.8% |
| Amounts payable after more than one year | 17 | €52,650 | €59,321 | +€6,672 | +12.7% |
| Financial debts | 170/4 | €52,650 | €59,321 | +€6,672 | +12.7% |
| Amounts payable within one year | 42/48 | €144,028 | €164,511 | +€20,483 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €22,656 | €31,662 | +€9,006 | +39.8% |
| Financial debts | 43 | €71,163 | €77,549 | +€6,387 | +9.0% |
| Credit institutions | 430/8 | €71,163 | €77,549 | +€6,387 | +9.0% |
| Trade debts | 44 | €16,079 | €23,513 | +€7,434 | +46.2% |
| Suppliers | 440/4 | €16,079 | €23,513 | +€7,434 | +46.2% |
| Advances received on contracts in progress | 46 | €13,552 | €13,552 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €19,427 | €16,875 | -€2,552 | -13.1% |
| Taxes | 450/3 | €19,420 | €14,305 | -€5,114 | -26.3% |
| Remuneration and social security | 454/9 | €7 | €2,569 | +€2,562 | +37571.3% |
| Other amounts payable | 47/48 | €1,151 | €1,360 | +€209 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,584 | €32,714 | -€1,870 | -5.4% |
| Other operating charges | 640/8 | €13,084 | - | -€13,084 | |
| Non-recurring operating charges | 66A | €236 | - | -€236 | |
| Gross operating margin | 9900 | €56,260 | €57,187 | +€927 | +1.6% |
| Operating profit (loss) | 9901 | €8,356 | €24,473 | +€16,117 | +192.9% |
| Financial income | 75/76B | - | €511 | +€511 | |
| Recurring financial income | 75 | - | €511 | +€511 | |
| Financial charges | 65/66B | €11,695 | €15,088 | +€3,393 | +29.0% |
| Recurring financial charges | 65 | €11,695 | €15,088 | +€3,393 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,340 | €9,896 | +€13,236 | |
| Income taxes | 67/77 | €230 | €2,561 | +€2,331 | +1011.6% |
| Profit (loss) for the period | 9904 | -€3,570 | €7,335 | +€10,905 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,570 | €7,335 | +€10,905 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.