OG Beheer: 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.
OG Beheer
Largest movements
- Receivables within one year +€32,288
up €32,288 (+31.3%), from €103,080 to €135,368
of which Other amounts receivable: +€41,151
- Tangible fixed assets -€14,128
down €14,128 (-1.9%), from €736,804 to €722,675
of which Land and buildings: -€15,282
- Cash +€11,054
up €11,054 (+25.0%), from €44,232 to €55,286
mainly Net result for the year (+€108,551) and Tax, wage and social debts (+€26,931)
- Reserves +€108,551
up €108,551 (+157%), from €69,314 to €177,864
of which Distributable reserves: +€110,411
- Debts after one year -€64,584
down €64,584 (-11.9%), from €542,924 to €478,340
- Trade debts -€30,367
down €30,367 (-59.7%), from €50,876 to €20,509
- Tax, wage and social debts +€26,931
up €26,931 (+48.4%), from €55,690 to €82,621
of which Taxes: +€23,107
- Short-term financial debts +€16,075
new in 2025: €16,075
- Write-downs -€36,927
down €36,927 (-100%), from €36,927 to €0
- Gross operating margin +€35,070
up €35,070 (+19.9%), from €176,357 to €211,428
- Taxes +€16,788
up €16,788 (+63.9%), from €26,253 to €43,041
- Financial charges -€4,236
down €4,236 (-13.3%), from €31,909 to €27,673
- Other operating charges +€2,152
up €2,152 (+68.8%), from €3,126 to €5,278
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 | €960,379 | €1,001,843 | +€41,464 | +4.3% |
| Fixed assets | 21/28 | €743,749 | €729,620 | -€14,128 | -1.9% |
| Tangible fixed assets | 22/27 | €736,804 | €722,675 | -€14,128 | -1.9% |
| Land and buildings | 22 | €727,803 | €712,521 | -€15,282 | -2.1% |
| Plant, machinery and equipment | 23 | €3,773 | €3,374 | -€399 | -10.6% |
| Furniture and vehicles | 24 | €5,228 | €6,780 | +€1,553 | +29.7% |
| Financial fixed assets | 28 | €6,945 | €6,945 | = | 0.0% |
| Current assets | 29/58 | €216,630 | €272,222 | +€55,592 | +25.7% |
| Stocks and contracts in progress | 3 | €69,318 | €73,229 | +€3,911 | +5.6% |
| Stocks | 30/36 | €69,318 | €73,229 | +€3,911 | +5.6% |
| Amounts receivable within one year | 40/41 | €103,080 | €135,368 | +€32,288 | +31.3% |
| Trade receivables | 40 | €16,077 | €7,213 | -€8,863 | -55.1% |
| Other amounts receivable | 41 | €87,003 | €128,154 | +€41,151 | +47.3% |
| Cash at bank and in hand | 54/58 | €44,232 | €55,286 | +€11,054 | +25.0% |
| Deferred charges and accrued income | 490/1 | €0 | €8,339 | +€8,339 | |
| Total equity and liabilities | 10/49 | €960,379 | €1,001,843 | +€41,464 | +4.3% |
| Equity | 10/15 | €188,764 | €297,314 | +€108,551 | +57.5% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €69,314 | €177,864 | +€108,551 | +157% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €67,454 | €177,864 | +€110,411 | +164% |
| Profit (loss) carried forward | 14 | €110,150 | €110,150 | = | 0.0% |
| Amounts payable | 17/49 | €771,615 | €704,529 | -€67,086 | -8.7% |
| Amounts payable after more than one year | 17 | €542,924 | €478,340 | -€64,584 | -11.9% |
| Financial debts | 170/4 | €542,924 | €478,340 | -€64,584 | -11.9% |
| Amounts payable within one year | 42/48 | €228,691 | €226,189 | -€2,502 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €75,012 | €64,584 | -€10,427 | -13.9% |
| Financial debts | 43 | - | €16,075 | +€16,075 | |
| Credit institutions | 430/8 | - | €16,075 | +€16,075 | |
| Trade debts | 44 | €50,876 | €20,509 | -€30,367 | -59.7% |
| Suppliers | 440/4 | €50,876 | €20,509 | -€30,367 | -59.7% |
| Taxes, remuneration and social security | 45 | €55,690 | €82,621 | +€26,931 | +48.4% |
| Taxes | 450/3 | €54,020 | €77,127 | +€23,107 | +42.8% |
| Remuneration and social security | 454/9 | €1,670 | €5,494 | +€3,824 | +229% |
| Other amounts payable | 47/48 | €47,113 | €42,400 | -€4,713 | -10.0% |
| Non-recurring operating income | 76A | - | €28,312 | +€28,312 | |
| Remuneration, social security and pensions | 62 | €11,212 | €11,685 | +€473 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,681 | €18,567 | +€1,886 | +11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,927 | €0 | -€36,927 | -100% |
| Other operating charges | 640/8 | €3,126 | €5,278 | +€2,152 | +68.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €176,357 | €211,428 | +€35,070 | +19.9% |
| Operating profit (loss) | 9901 | €108,411 | €175,897 | +€67,487 | +62.3% |
| Financial income | 75/76B | €1,537 | €3,367 | +€1,830 | +119% |
| Recurring financial income | 75 | €1,537 | €3,367 | +€1,830 | +119% |
| Financial charges | 65/66B | €31,909 | €27,673 | -€4,236 | -13.3% |
| Recurring financial charges | 65 | €31,909 | €27,673 | -€4,236 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €78,038 | €151,592 | +€73,553 | +94.3% |
| Income taxes | 67/77 | €26,253 | €43,041 | +€16,788 | +63.9% |
| Profit (loss) for the period | 9904 | €51,785 | €108,551 | +€56,765 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €51,785 | €108,551 | +€56,765 | +110% |
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.