Oguh: what changed
Two financial 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.
Oguh
Largest movements
- Receivables within one year +€121,983
up €121,983 (+589.6%), from €20,691 to €142,673
of which Other amounts receivable: +€123,011
- Cash +€4,690
up €4,690 (+40.7%), from €11,521 to €16,210
mainly Debts after one year (+€86,427) and Net result for the year (+€38,638)
- Tangible fixed assets -€3,072
down €3,072 (-4.7%), from €65,722 to €62,650
of which Furniture and vehicles: -€8,720
- Debts after one year +€86,427
up €86,427 (+226.5%), from €38,156 to €124,583
- Reserves +€38,638
new in 2025: €38,638
- Other debts -€3,504
down €3,504 (-77.7%), from €4,507 to €1,003
- Gross operating margin +€19,526
up €19,526 (+37.8%), from €51,615 to €71,141
- Depreciation +€12,038
up €12,038 (+434.6%), from €2,770 to €14,807
- Taxes +€3,733
up €3,733 (+33.0%), from €11,319 to €15,052
- Financial charges +€1,336
up €1,336 (+361.0%), from €370 to €1,706
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 | €99,650 | €225,182 | +€125,532 | +126.0% |
| Fixed assets | 21/28 | €65,722 | €62,650 | -€3,072 | -4.7% |
| Tangible fixed assets | 22/27 | €65,722 | €62,650 | -€3,072 | -4.7% |
| Furniture and vehicles | 24 | €65,722 | €57,002 | -€8,720 | -13.3% |
| Other tangible fixed assets | 26 | - | €5,648 | +€5,648 | |
| Current assets | 29/58 | €33,927 | €162,532 | +€128,604 | +379.1% |
| Amounts receivable within one year | 40/41 | €20,691 | €142,673 | +€121,983 | +589.6% |
| Trade receivables | 40 | €13,166 | €12,138 | -€1,028 | -7.8% |
| Other amounts receivable | 41 | €7,525 | €130,535 | +€123,011 | +1634.7% |
| Cash at bank and in hand | 54/58 | €11,521 | €16,210 | +€4,690 | +40.7% |
| Deferred charges and accrued income | 490/1 | €1,716 | €3,648 | +€1,932 | +112.6% |
| Total equity and liabilities | 10/49 | €99,650 | €225,182 | +€125,532 | +126.0% |
| Equity | 10/15 | €38,712 | €77,350 | +€38,638 | +99.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €38,638 | +€38,638 | |
| Distributable reserves | 133 | - | €38,638 | +€38,638 | |
| Profit (loss) carried forward | 14 | €32,712 | €32,712 | = | 0.0% |
| Amounts payable | 17/49 | €60,938 | €147,832 | +€86,894 | +142.6% |
| Amounts payable after more than one year | 17 | €38,156 | €124,583 | +€86,427 | +226.5% |
| Financial debts | 170/4 | €38,156 | €124,583 | +€86,427 | +226.5% |
| Amounts payable within one year | 42/48 | €22,451 | €23,248 | +€797 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €10,873 | €12,307 | +€1,434 | +13.2% |
| Trade debts | 44 | €1,614 | €2,568 | +€954 | +59.1% |
| Suppliers | 440/4 | €1,614 | €2,568 | +€954 | +59.1% |
| Taxes, remuneration and social security | 45 | €5,458 | €7,371 | +€1,913 | +35.0% |
| Taxes | 450/3 | €2,319 | €7,371 | +€5,052 | +217.9% |
| Remuneration and social security | 454/9 | €3,139 | - | -€3,139 | |
| Other amounts payable | 47/48 | €4,507 | €1,003 | -€3,504 | -77.7% |
| Accrued charges and deferred income | 492/3 | €330 | - | -€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,770 | €14,807 | +€12,038 | +434.6% |
| Other operating charges | 640/8 | €927 | €938 | +€11 | +1.2% |
| Gross operating margin | 9900 | €51,615 | €71,141 | +€19,526 | +37.8% |
| Operating profit (loss) | 9901 | €47,919 | €55,395 | +€7,477 | +15.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €370 | €1,706 | +€1,336 | +361.0% |
| Recurring financial charges | 65 | €370 | €1,706 | +€1,336 | +361.0% |
| Profit (loss) for the period before taxes | 9903 | €47,549 | €53,690 | +€6,141 | +12.9% |
| Income taxes | 67/77 | €11,319 | €15,052 | +€3,733 | +33.0% |
| Profit (loss) for the period | 9904 | €36,230 | €38,638 | +€2,408 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,230 | €38,638 | +€2,408 | +6.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.