OGMIOS: 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.
OGMIOS
Largest movements
- Tangible fixed assets +€26,620
up €26,620 (+33.6%), from €79,220 to €105,839
of which Other tangible fixed assets: +€44,377
- Receivables within one year -€14,206
down €14,206 (-99.9%), from €14,221 to €15
- Cash +€7,852
up €7,852 (+1755.0%), from €447 to €8,300
mainly Other debts (+€47,258) and Depreciation (+€22,742)
- Other debts +€47,258
up €47,258 (+232.4%), from €20,334 to €67,592
- Reserves -€22,728
down €22,728 (-100.0%), from €22,728 to €0
- Debts after one year -€11,638
down €11,638 (-59.4%), from €19,593 to €7,955
- Tax, wage and social debts +€8,202
up €8,202 (+57.6%), from €14,230 to €22,432
- Trade debts -€1,514
down €1,514 (-57.0%), from €2,658 to €1,144
- Gross operating margin +€11,932
up €11,932 (+32.3%), from €36,986 to €48,919
- Depreciation +€4,634
up €4,634 (+25.6%), from €18,108 to €22,742
- Taxes +€657
up €657 (+19.4%), from €3,393 to €4,049
- Financial charges +€541
up €541 (+22.0%), from €2,458 to €3,000
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 | €96,223 | €116,178 | +€19,955 | +20.7% |
| Fixed assets | 21/28 | €79,220 | €105,839 | +€26,620 | +33.6% |
| Tangible fixed assets | 22/27 | €79,220 | €105,839 | +€26,620 | +33.6% |
| Plant, machinery and equipment | 23 | €27,868 | €22,320 | -€5,548 | -19.9% |
| Furniture and vehicles | 24 | €1,396 | €377 | -€1,019 | -73.0% |
| Leasing and similar rights | 25 | €30,688 | €19,498 | -€11,190 | -36.5% |
| Other tangible fixed assets | 26 | €19,268 | €63,645 | +€44,377 | +230.3% |
| Current assets | 29/58 | €17,004 | €10,339 | -€6,665 | -39.2% |
| Amounts receivable within one year | 40/41 | €14,221 | €15 | -€14,206 | -99.9% |
| Trade receivables | 40 | €14,221 | €15 | -€14,206 | -99.9% |
| Cash at bank and in hand | 54/58 | €447 | €8,300 | +€7,852 | +1755.0% |
| Deferred charges and accrued income | 490/1 | €2,335 | €2,024 | -€312 | -13.3% |
| Total equity and liabilities | 10/49 | €96,223 | €116,178 | +€19,955 | +20.7% |
| Equity | 10/15 | €27,728 | €5,000 | -€22,728 | -82.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,728 | €0 | -€22,728 | -100.0% |
| Distributable reserves | 133 | €22,728 | €0 | -€22,728 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €68,495 | €111,178 | +€42,683 | +62.3% |
| Amounts payable after more than one year | 17 | €19,593 | €7,955 | -€11,638 | -59.4% |
| Financial debts | 170/4 | €19,593 | €7,955 | -€11,638 | -59.4% |
| Amounts payable within one year | 42/48 | €48,515 | €102,806 | +€54,291 | +111.9% |
| Current portion of amounts payable after more than one year | 42 | €11,293 | €11,638 | +€345 | +3.1% |
| Trade debts | 44 | €2,658 | €1,144 | -€1,514 | -57.0% |
| Suppliers | 440/4 | €2,658 | €1,144 | -€1,514 | -57.0% |
| Taxes, remuneration and social security | 45 | €14,230 | €22,432 | +€8,202 | +57.6% |
| Taxes | 450/3 | €14,230 | €22,432 | +€8,202 | +57.6% |
| Other amounts payable | 47/48 | €20,334 | €67,592 | +€47,258 | +232.4% |
| Accrued charges and deferred income | 492/3 | €387 | €416 | +€29 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,108 | €22,742 | +€4,634 | +25.6% |
| Other operating charges | 640/8 | €1,783 | €1,771 | -€12 | -0.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €36,986 | €48,919 | +€11,932 | +32.3% |
| Operating profit (loss) | 9901 | €17,095 | €24,406 | +€7,311 | +42.8% |
| Financial income | 75/76B | €2 | €0 | -€2 | -83.6% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -83.6% |
| Financial charges | 65/66B | €2,458 | €3,000 | +€541 | +22.0% |
| Recurring financial charges | 65 | €2,458 | €3,000 | +€541 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €14,639 | €21,406 | +€6,768 | +46.2% |
| Income taxes | 67/77 | €3,393 | €4,049 | +€657 | +19.4% |
| Profit (loss) for the period | 9904 | €11,246 | €17,357 | +€6,111 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,246 | €17,357 | +€6,111 | +54.3% |
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 8 October 2026 via checked.be.