OGES: 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.
OGES
Largest movements
- Cash -€50,809
down €50,809 (-98.2%), from €51,726 to €917
mainly Debts after one year (-€33,000) and Current investments (-€22,000)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,539
up €1,539 (+51.5%), from -€2,988 to -€1,449
- Financial income +€841
up €841 (+2.7%), from €30,707 to €31,548
- Other operating charges +€31
up €31 (+3.2%), from €967 to €998
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 | €4,306,506 | €4,298,968 | -€7,538 | -0.2% |
| Fixed assets | 21/28 | €3,000,000 | €3,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,000,000 | €3,000,000 | = | 0.0% |
| Current assets | 29/58 | €1,306,506 | €1,298,968 | -€7,538 | -0.6% |
| Amounts receivable within one year | 40/41 | €854,780 | €876,051 | +€21,271 | +2.5% |
| Other amounts receivable | 41 | €854,780 | €876,051 | +€21,271 | +2.5% |
| Current investments | 50/53 | €400,000 | €422,000 | +€22,000 | +5.5% |
| Cash at bank and in hand | 54/58 | €51,726 | €917 | -€50,809 | -98.2% |
| Total equity and liabilities | 10/49 | €4,306,506 | €4,298,968 | -€7,538 | -0.2% |
| Equity | 10/15 | €3,203,506 | €3,232,607 | +€29,101 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,152,000 | €3,152,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €3,150,000 | €3,150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,506 | €60,607 | +€29,101 | +92.4% |
| Amounts payable | 17/49 | €1,103,000 | €1,066,361 | -€36,639 | -3.3% |
| Amounts payable after more than one year | 17 | €973,000 | €940,000 | -€33,000 | -3.4% |
| Other amounts payable | 178/9 | €973,000 | €940,000 | -€33,000 | -3.4% |
| Amounts payable within one year | 42/48 | €130,000 | €126,361 | -€3,639 | -2.8% |
| Trade debts | 44 | - | €1,361 | +€1,361 | |
| Suppliers | 440/4 | - | €1,361 | +€1,361 | |
| Other amounts payable | 47/48 | €130,000 | €125,000 | -€5,000 | -3.8% |
| Other operating charges | 640/8 | €967 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€2,988 | -€1,449 | +€1,539 | +51.5% |
| Operating profit (loss) | 9901 | -€3,955 | -€2,447 | +€1,508 | +38.1% |
| Financial income | 75/76B | €30,707 | €31,548 | +€841 | +2.7% |
| Recurring financial income | 75 | €30,707 | €31,548 | +€841 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €26,752 | €29,101 | +€2,349 | +8.8% |
| Profit (loss) for the period | 9904 | €26,752 | €29,101 | +€2,349 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,752 | €29,101 | +€2,349 | +8.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.