OGProduction: 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.
OGProduction
Largest movements
- Receivables within one year -€102,599
down €102,599 (-68.6%), from €149,622 to €47,023
of which Trade receivables: -€102,622
- Cash +€66,086
up €66,086 (+76.1%), from €86,799 to €152,885
mainly Receivables within one year (+€102,599) and Tax, wage and social debts (+€63,629)
- Stocks and contracts -€60,022
down €60,022 (-26.8%), from €224,245 to €164,223
- Tangible fixed assets +€6,229
up €6,229 (+93.5%), from €6,663 to €12,892
of which Furniture and vehicles: +€4,891
- Trade debts -€142,424
down €142,424 (-50.1%), from €284,446 to €142,022
- Tax, wage and social debts +€63,629
up €63,629 (+71.6%), from €88,827 to €152,456
of which Taxes: +€61,064
- Other debts -€28,336
down €28,336 (-40.5%), from €69,990 to €41,654
- Profit (loss) carried forward +€15,270
up €15,270 (+90.5%), from €16,875 to €32,145
- Gross operating margin +€31,180
up €31,180 (+22.3%), from €139,630 to €170,810
- Staff costs +€10,821
up €10,821 (+10.1%), from €107,639 to €118,460
- Taxes +€9,632
up €9,632 (+539.9%), from €1,784 to €11,416
- Depreciation -€3,263
down €3,263 (-29.4%), from €11,091 to €7,828
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 | €485,378 | €393,917 | -€91,461 | -18.8% |
| Fixed assets | 21/28 | €11,647 | €13,876 | +€2,229 | +19.1% |
| Intangible fixed assets | 21 | €4,372 | €372 | -€4,000 | -91.5% |
| Tangible fixed assets | 22/27 | €6,663 | €12,892 | +€6,229 | +93.5% |
| Plant, machinery and equipment | 23 | €1,390 | €2,819 | +€1,429 | +102.8% |
| Furniture and vehicles | 24 | €5,000 | €9,891 | +€4,891 | +97.8% |
| Other tangible fixed assets | 26 | €273 | €182 | -€91 | -33.3% |
| Financial fixed assets | 28 | €612 | €612 | = | 0.0% |
| Current assets | 29/58 | €473,731 | €380,041 | -€93,690 | -19.8% |
| Stocks and contracts in progress | 3 | €224,245 | €164,223 | -€60,022 | -26.8% |
| Stocks | 30/36 | €224,245 | €164,223 | -€60,022 | -26.8% |
| Amounts receivable within one year | 40/41 | €149,622 | €47,023 | -€102,599 | -68.6% |
| Trade receivables | 40 | €149,622 | €47,000 | -€102,622 | -68.6% |
| Other amounts receivable | 41 | - | €23 | +€23 | |
| Cash at bank and in hand | 54/58 | €86,799 | €152,885 | +€66,086 | +76.1% |
| Deferred charges and accrued income | 490/1 | €13,065 | €15,910 | +€2,845 | +21.8% |
| Total equity and liabilities | 10/49 | €485,378 | €393,917 | -€91,461 | -18.8% |
| Equity | 10/15 | €41,665 | €56,935 | +€15,270 | +36.6% |
| Contributions | 10/11 | €24,790 | €24,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,875 | €32,145 | +€15,270 | +90.5% |
| Amounts payable | 17/49 | €443,713 | €336,982 | -€106,731 | -24.1% |
| Amounts payable within one year | 42/48 | €443,263 | €336,132 | -€107,131 | -24.2% |
| Trade debts | 44 | €284,446 | €142,022 | -€142,424 | -50.1% |
| Suppliers | 440/4 | €284,446 | €142,022 | -€142,424 | -50.1% |
| Taxes, remuneration and social security | 45 | €88,827 | €152,456 | +€63,629 | +71.6% |
| Taxes | 450/3 | €77,428 | €138,492 | +€61,064 | +78.9% |
| Remuneration and social security | 454/9 | €11,399 | €13,964 | +€2,565 | +22.5% |
| Other amounts payable | 47/48 | €69,990 | €41,654 | -€28,336 | -40.5% |
| Accrued charges and deferred income | 492/3 | €450 | €850 | +€400 | +88.9% |
| Remuneration, social security and pensions | 62 | €107,639 | €118,460 | +€10,821 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,091 | €7,828 | -€3,263 | -29.4% |
| Other operating charges | 640/8 | €1,006 | €1,004 | -€2 | -0.2% |
| Non-recurring operating charges | 66A | €11,638 | €12,660 | +€1,022 | +8.8% |
| Gross operating margin | 9900 | €139,630 | €170,810 | +€31,180 | +22.3% |
| Operating profit (loss) | 9901 | €8,256 | €30,858 | +€22,602 | +273.8% |
| Financial income | 75/76B | €7 | €1 | -€6 | -85.7% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -85.7% |
| Financial charges | 65/66B | €4,671 | €4,173 | -€498 | -10.7% |
| Recurring financial charges | 65 | €4,671 | €4,173 | -€498 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €3,592 | €26,686 | +€23,094 | +642.9% |
| Income taxes | 67/77 | €1,784 | €11,416 | +€9,632 | +539.9% |
| Profit (loss) for the period | 9904 | €1,808 | €15,270 | +€13,462 | +744.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,808 | €15,270 | +€13,462 | +744.6% |
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 29 September 2026 via checked.be.