OGS GROUP: 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.
OGS GROUP
Largest movements
- Tangible fixed assets +€24,034
up €24,034 (+19.2%), from €125,055 to €149,089
of which Furniture and vehicles: +€25,120
- Receivables within one year +€17,129
up €17,129 (+28.9%), from €59,274 to €76,403
of which Trade receivables: +€35,507
- Cash +€5,965
up €5,965 (+15.6%), from €38,291 to €44,256
mainly Depreciation (+€45,642) and Net result for the year (+€30,040)
- Reserves +€30,040
up €30,040 (+122.7%), from €24,491 to €54,531
of which Distributable reserves: +€30,040
- Trade debts +€23,561
up €23,561 (+295.7%), from €7,969 to €31,530
- Debts after one year -€6,123
down €6,123 (-6.7%), from €91,016 to €84,894
- Current portion of long-term debt -€4,020
down €4,020 (-6.7%), from €59,764 to €55,744
- Staff costs -€44,809
down €44,809 (-34.5%), from €130,065 to €85,256
- Taxes +€18,691
up €18,691 (+786.6%), from €2,376 to €21,067
- Gross operating margin +€14,058
up €14,058 (+7.3%), from €193,160 to €207,218
- Depreciation +€12,129
up €12,129 (+36.2%), from €33,512 to €45,642
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 | €227,864 | €273,681 | +€45,817 | +20.1% |
| Fixed assets | 21/28 | €130,299 | €153,022 | +€22,722 | +17.4% |
| Intangible fixed assets | 21 | €5,244 | €3,933 | -€1,311 | -25.0% |
| Tangible fixed assets | 22/27 | €125,055 | €149,089 | +€24,034 | +19.2% |
| Plant, machinery and equipment | 23 | €2,682 | €16,268 | +€13,586 | +506.6% |
| Furniture and vehicles | 24 | €106,313 | €131,433 | +€25,120 | +23.6% |
| Leasing and similar rights | 25 | €16,060 | €1,388 | -€14,673 | -91.4% |
| Current assets | 29/58 | €97,565 | €120,659 | +€23,095 | +23.7% |
| Amounts receivable within one year | 40/41 | €59,274 | €76,403 | +€17,129 | +28.9% |
| Trade receivables | 40 | €35,139 | €70,647 | +€35,507 | +101.0% |
| Other amounts receivable | 41 | €24,135 | €5,757 | -€18,378 | -76.1% |
| Cash at bank and in hand | 54/58 | €38,291 | €44,256 | +€5,965 | +15.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €227,864 | €273,681 | +€45,817 | +20.1% |
| Equity | 10/15 | €54,491 | €84,531 | +€30,040 | +55.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €24,491 | €54,531 | +€30,040 | +122.7% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €21,491 | €51,531 | +€30,040 | +139.8% |
| Amounts payable | 17/49 | €173,373 | €189,150 | +€15,777 | +9.1% |
| Amounts payable after more than one year | 17 | €91,016 | €84,894 | -€6,123 | -6.7% |
| Financial debts | 170/4 | €91,016 | €84,894 | -€6,123 | -6.7% |
| Amounts payable within one year | 42/48 | €82,357 | €104,256 | +€21,899 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €59,764 | €55,744 | -€4,020 | -6.7% |
| Trade debts | 44 | €7,969 | €31,530 | +€23,561 | +295.7% |
| Suppliers | 440/4 | €7,969 | €31,530 | +€23,561 | +295.7% |
| Taxes, remuneration and social security | 45 | €14,320 | €16,654 | +€2,334 | +16.3% |
| Taxes | 450/3 | €2,376 | €6,734 | +€4,358 | +183.4% |
| Remuneration and social security | 454/9 | €11,944 | €9,920 | -€2,024 | -16.9% |
| Other amounts payable | 47/48 | €304 | €328 | +€24 | +7.9% |
| Non-recurring operating income | 76A | €0 | €9,921 | +€9,921 | |
| Remuneration, social security and pensions | 62 | €130,065 | €85,256 | -€44,809 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,512 | €45,642 | +€12,129 | +36.2% |
| Other operating charges | 640/8 | €5,187 | €3,914 | -€1,273 | -24.5% |
| Non-recurring operating charges | 66A | €7,000 | €11,396 | +€4,396 | +62.8% |
| Gross operating margin | 9900 | €193,160 | €207,218 | +€14,058 | +7.3% |
| Operating profit (loss) | 9901 | €17,396 | €61,010 | +€43,614 | +250.7% |
| Financial income | 75/76B | €684 | €766 | +€83 | +12.1% |
| Recurring financial income | 75 | €684 | €766 | +€83 | +12.1% |
| Financial charges | 65/66B | €9,309 | €10,669 | +€1,359 | +14.6% |
| Recurring financial charges | 65 | €9,309 | €10,669 | +€1,359 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €8,770 | €51,107 | +€42,337 | +482.7% |
| Income taxes | 67/77 | €2,376 | €21,067 | +€18,691 | +786.6% |
| Profit (loss) for the period | 9904 | €6,394 | €30,040 | +€23,646 | +369.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,394 | €30,040 | +€23,646 | +369.8% |
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 3 October 2026 via checked.be.