OG Management: 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 Management
Largest movements
- Cash +€45,013
up €45,013 (+38.1%), from €118,242 to €163,255
mainly Net result for the year (+€63,026) and Depreciation (+€21,656)
- Deferred charges and accrued income -€20,000
no longer reported in 2025 (was €20,000)
- Tangible fixed assets -€17,688
down €17,688 (-26.0%), from €67,972 to €50,285
of which Furniture and vehicles: -€17,238
- Receivables within one year +€9,260
up €9,260 (+48.5%), from €19,102 to €28,362
of which Other amounts receivable: +€8,582
- Profit (loss) carried forward +€63,026
up €63,026 (+48.2%), from €130,696 to €193,723
- Current portion of long-term debt -€21,752
down €21,752 (-51.8%), from €41,992 to €20,239
- Debts after one year -€20,239
down €20,239 (-64.5%), from €31,386 to €11,147
- Other debts -€6,131
down €6,131 (-99.1%), from €6,188 to €56
- Tax, wage and social debts +€4,551
up €4,551 (+53.8%), from €8,451 to €13,002
- Gross operating margin +€5,656
up €5,656 (+5.6%), from €100,881 to €106,537
- Other operating charges +€1,501
up €1,501 (+292%), from €514 to €2,015
- Depreciation +€1,359
up €1,359 (+6.7%), from €20,297 to €21,656
- Financial income +€1,230
up €1,230 (+712%), from €173 to €1,403
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 | €225,316 | €241,901 | +€16,585 | +7.4% |
| Fixed assets | 21/28 | €67,972 | €50,285 | -€17,688 | -26.0% |
| Tangible fixed assets | 22/27 | €67,972 | €50,285 | -€17,688 | -26.0% |
| Plant, machinery and equipment | 23 | €2,210 | €1,760 | -€450 | -20.4% |
| Furniture and vehicles | 24 | €65,762 | €48,524 | -€17,238 | -26.2% |
| Current assets | 29/58 | €157,344 | €191,617 | +€34,273 | +21.8% |
| Amounts receivable within one year | 40/41 | €19,102 | €28,362 | +€9,260 | +48.5% |
| Trade receivables | 40 | €19,102 | €19,780 | +€678 | +3.5% |
| Other amounts receivable | 41 | - | €8,582 | +€8,582 | |
| Cash at bank and in hand | 54/58 | €118,242 | €163,255 | +€45,013 | +38.1% |
| Deferred charges and accrued income | 490/1 | €20,000 | - | -€20,000 | |
| Total equity and liabilities | 10/49 | €225,316 | €241,901 | +€16,585 | +7.4% |
| Equity | 10/15 | €133,696 | €196,723 | +€63,026 | +47.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,696 | €193,723 | +€63,026 | +48.2% |
| Amounts payable | 17/49 | €91,620 | €45,179 | -€46,441 | -50.7% |
| Amounts payable after more than one year | 17 | €31,386 | €11,147 | -€20,239 | -64.5% |
| Financial debts | 170/4 | €31,386 | €11,147 | -€20,239 | -64.5% |
| Amounts payable within one year | 42/48 | €60,234 | €34,032 | -€26,202 | -43.5% |
| Current portion of amounts payable after more than one year | 42 | €41,992 | €20,239 | -€21,752 | -51.8% |
| Trade debts | 44 | €3,603 | €735 | -€2,869 | -79.6% |
| Suppliers | 440/4 | €3,603 | €735 | -€2,869 | -79.6% |
| Taxes, remuneration and social security | 45 | €8,451 | €13,002 | +€4,551 | +53.8% |
| Taxes | 450/3 | €8,451 | €13,002 | +€4,551 | +53.8% |
| Other amounts payable | 47/48 | €6,188 | €56 | -€6,131 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,297 | €21,656 | +€1,359 | +6.7% |
| Other operating charges | 640/8 | €514 | €2,015 | +€1,501 | +292% |
| Gross operating margin | 9900 | €100,881 | €106,537 | +€5,656 | +5.6% |
| Operating profit (loss) | 9901 | €80,070 | €82,865 | +€2,795 | +3.5% |
| Financial income | 75/76B | €173 | €1,403 | +€1,230 | +712% |
| Recurring financial income | 75 | €173 | €1,403 | +€1,230 | +712% |
| Financial charges | 65/66B | €3,962 | €3,330 | -€632 | -15.9% |
| Recurring financial charges | 65 | €3,962 | €3,330 | -€632 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €76,281 | €80,937 | +€4,657 | +6.1% |
| Income taxes | 67/77 | €17,088 | €17,911 | +€823 | +4.8% |
| Profit (loss) for the period | 9904 | €59,193 | €63,026 | +€3,833 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,193 | €63,026 | +€3,833 | +6.5% |
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 15 October 2026 via checked.be.