OGK: 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.
OGK
Largest movements
- Cash -€17,014
down €17,014 (-79.5%), from €21,413 to €4,399
mainly Receivables within one year (-€14,651) and Accrued charges and deferred income (-€4,953)
- Receivables within one year +€14,651
up €14,651 (+247.7%), from €5,915 to €20,566
of which Trade receivables: +€11,884
- Tangible fixed assets -€940
down €940 (-44.6%), from €2,106 to €1,166
- Reserves +€5,441
up €5,441 (+12.2%), from €44,658 to €50,099
- Accrued charges and deferred income -€4,953
no longer reported in 2024 (was €4,953)
- Other debts -€2,663
down €2,663 (-66.0%), from €4,037 to €1,374
- Trade debts -€1,394
down €1,394 (-21.9%), from €6,361 to €4,966
- Gross operating margin -€49,891
down €49,891 (-83.2%), from €59,937 to €10,047
- Purchases and services +€14,277
up €14,277 (+18.4%), from €77,653 to €91,930
- Taxes -€10,029
down €10,029 (-84.1%), from €11,925 to €1,896
- Depreciation -€875
down €875 (-48.2%), from €1,815 to €940
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,434 | €76,130 | -€3,304 | -4.2% |
| Fixed assets | 21/28 | €2,106 | €1,166 | -€940 | -44.6% |
| Tangible fixed assets | 22/27 | €2,106 | €1,166 | -€940 | -44.6% |
| Furniture and vehicles | 24 | €2,106 | €1,166 | -€940 | -44.6% |
| Current assets | 29/58 | €77,328 | €74,964 | -€2,364 | -3.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,915 | €20,566 | +€14,651 | +247.7% |
| Trade receivables | 40 | €5,330 | €17,214 | +€11,884 | +223.0% |
| Other amounts receivable | 41 | €585 | €3,352 | +€2,767 | +472.8% |
| Cash at bank and in hand | 54/58 | €21,413 | €4,399 | -€17,014 | -79.5% |
| Total equity and liabilities | 10/49 | €79,434 | €76,130 | -€3,304 | -4.2% |
| Equity | 10/15 | €50,158 | €55,599 | +€5,441 | +10.8% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €44,658 | €50,099 | +€5,441 | +12.2% |
| Distributable reserves | 133 | €44,658 | €50,099 | +€5,441 | +12.2% |
| Amounts payable | 17/49 | €29,276 | €20,532 | -€8,745 | -29.9% |
| Amounts payable within one year | 42/48 | €24,323 | €20,532 | -€3,791 | -15.6% |
| Trade debts | 44 | €6,361 | €4,966 | -€1,394 | -21.9% |
| Suppliers | 440/4 | €6,361 | €4,966 | -€1,394 | -21.9% |
| Taxes, remuneration and social security | 45 | €13,925 | €14,191 | +€266 | +1.9% |
| Taxes | 450/3 | €11,925 | €13,821 | +€1,896 | +15.9% |
| Remuneration and social security | 454/9 | €2,000 | €370 | -€1,630 | -81.5% |
| Other amounts payable | 47/48 | €4,037 | €1,374 | -€2,663 | -66.0% |
| Accrued charges and deferred income | 492/3 | €4,953 | - | -€4,953 | |
| Goods, raw materials, services and sundry goods | 60/61 | €77,653 | €91,930 | +€14,277 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,815 | €940 | -€875 | -48.2% |
| Other operating charges | 640/8 | €805 | €1,033 | +€228 | +28.3% |
| Gross operating margin | 9900 | €59,937 | €10,047 | -€49,891 | -83.2% |
| Operating profit (loss) | 9901 | €57,318 | €8,074 | -€49,244 | -85.9% |
| Financial income | 75/76B | €653 | €105 | -€547 | -83.8% |
| Recurring financial income | 75 | €653 | €105 | -€547 | -83.8% |
| Financial charges | 65/66B | €1,387 | €842 | -€545 | -39.3% |
| Recurring financial charges | 65 | €1,387 | €842 | -€545 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €56,583 | €7,337 | -€49,246 | -87.0% |
| Income taxes | 67/77 | €11,925 | €1,896 | -€10,029 | -84.1% |
| Profit (loss) for the period | 9904 | €44,658 | €5,441 | -€39,217 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,658 | €5,441 | -€39,217 | -87.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.