OGPM: what changed
OGPM
Largest movements
- Receivables within one year +€8,178
up €8,178 (+82.6%), from €9,896 to €18,075
of which Trade receivables: +€9,152
- Cash -€6,898
down €6,898 (-39.1%), from €17,643 to €10,745
mainly Contributions, distributions and other (-€45,090) and Receivables within one year (-€8,178)
- Tangible fixed assets -€1,141
down €1,141 (-45.1%), from €2,530 to €1,389
- Profit (loss) carried forward -€23,953
no longer reported in 2025 (was €23,953)
- Other debts +€20,561
up €20,561 (+2,204%), from €933 to €21,494
- Tax, wage and social debts +€4,241
up €4,241 (+240%), from €1,766 to €6,006
of which Taxes: +€4,241
- Trade debts -€697
down €697 (-80.8%), from €862 to €165
- Gross operating margin +€12,075
up €12,075 (+64.8%), from €18,629 to €30,704
- Taxes +€2,474
up €2,474 (+55.2%), from €4,481 to €6,955
- Other operating charges +€773
new in 2025: €773
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,514 | €30,666 | +€152 | +0.5% |
| Fixed assets | 21/28 | €2,530 | €1,389 | -€1,141 | -45.1% |
| Tangible fixed assets | 22/27 | €2,530 | €1,389 | -€1,141 | -45.1% |
| Furniture and vehicles | 24 | €2,530 | €1,389 | -€1,141 | -45.1% |
| Current assets | 29/58 | €27,984 | €29,277 | +€1,293 | +4.6% |
| Amounts receivable within one year | 40/41 | €9,896 | €18,075 | +€8,178 | +82.6% |
| Trade receivables | 40 | €8,378 | €17,530 | +€9,152 | +109% |
| Other amounts receivable | 41 | €1,519 | €545 | -€974 | -64.1% |
| Cash at bank and in hand | 54/58 | €17,643 | €10,745 | -€6,898 | -39.1% |
| Deferred charges and accrued income | 490/1 | €445 | €457 | +€13 | +2.8% |
| Total equity and liabilities | 10/49 | €30,514 | €30,666 | +€152 | +0.5% |
| Equity | 10/15 | €26,953 | €3,000 | -€23,953 | -88.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,953 | - | -€23,953 | |
| Amounts payable | 17/49 | €3,561 | €27,666 | +€24,105 | +677% |
| Amounts payable within one year | 42/48 | €3,561 | €27,666 | +€24,105 | +677% |
| Trade debts | 44 | €862 | €165 | -€697 | -80.8% |
| Suppliers | 440/4 | €862 | €165 | -€697 | -80.8% |
| Taxes, remuneration and social security | 45 | €1,766 | €6,006 | +€4,241 | +240% |
| Taxes | 450/3 | €1,766 | €6,006 | +€4,241 | +240% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €933 | €21,494 | +€20,561 | +2,204% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,141 | €1,141 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €773 | +€773 | |
| Gross operating margin | 9900 | €18,629 | €30,704 | +€12,075 | +64.8% |
| Operating profit (loss) | 9901 | €17,488 | €28,790 | +€11,302 | +64.6% |
| Financial charges | 65/66B | €920 | €697 | -€223 | -24.2% |
| Recurring financial charges | 65 | €920 | €697 | -€223 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €16,568 | €28,093 | +€11,525 | +69.6% |
| Income taxes | 67/77 | €4,481 | €6,955 | +€2,474 | +55.2% |
| Profit (loss) for the period | 9904 | €12,087 | €21,137 | +€9,051 | +74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,087 | €21,137 | +€9,051 | +74.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.