OGV: 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.
OGV
Largest movements
- Cash -€8,598
down €8,598 (-21.8%), from €39,464 to €30,867
mainly Debts after one year (-€16,127) and Other debts (-€9,521)
- Tangible fixed assets -€5,737
down €5,737 (-1.9%), from €302,299 to €296,562
of which Land and buildings: -€10,214
- Receivables within one year +€4,162
up €4,162 (+12.5%), from €33,199 to €37,361
of which Trade receivables: +€4,162
- Profit (loss) carried forward +€21,151
up €21,151, from -€21,151 to €0
- Debts after one year -€16,127
down €16,127 (-6.4%), from €253,220 to €237,093
- Other debts -€9,521
down €9,521 (-54.2%), from €17,573 to €8,052
- Trade debts -€8,456
down €8,456 (-51.4%), from €16,457 to €8,001
- Current portion of long-term debt -€5,993
down €5,993 (-27.1%), from €22,120 to €16,127
- Gross operating margin +€33,463
up €33,463 (+53.8%), from €62,207 to €95,670
- Staff costs +€1,829
up €1,829 (+4.0%), from €45,967 to €47,796
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 | €392,219 | €380,050 | -€12,168 | -3.1% |
| Fixed assets | 21/28 | €303,299 | €297,562 | -€5,737 | -1.9% |
| Tangible fixed assets | 22/27 | €302,299 | €296,562 | -€5,737 | -1.9% |
| Land and buildings | 22 | €302,140 | €291,927 | -€10,214 | -3.4% |
| Plant, machinery and equipment | 23 | €0 | €4,613 | +€4,613 | |
| Furniture and vehicles | 24 | €159 | €22 | -€136 | -85.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €88,920 | €82,489 | -€6,431 | -7.2% |
| Amounts receivable within one year | 40/41 | €33,199 | €37,361 | +€4,162 | +12.5% |
| Trade receivables | 40 | €33,187 | €37,349 | +€4,162 | +12.5% |
| Other amounts receivable | 41 | €12 | €12 | +€0 | +0.7% |
| Cash at bank and in hand | 54/58 | €39,464 | €30,867 | -€8,598 | -21.8% |
| Deferred charges and accrued income | 490/1 | €16,256 | €14,261 | -€1,995 | -12.3% |
| Total equity and liabilities | 10/49 | €392,219 | €380,050 | -€12,168 | -3.1% |
| Equity | 10/15 | €69,274 | €91,560 | +€22,287 | +32.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €78,025 | €79,160 | +€1,136 | +1.5% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100.0% |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €76,170 | €79,160 | +€2,991 | +3.9% |
| Profit (loss) carried forward | 14 | -€21,151 | €0 | +€21,151 | |
| Amounts payable | 17/49 | €322,945 | €288,490 | -€34,455 | -10.7% |
| Amounts payable after more than one year | 17 | €253,220 | €237,093 | -€16,127 | -6.4% |
| Financial debts | 170/4 | €253,220 | €237,093 | -€16,127 | -6.4% |
| Amounts payable within one year | 42/48 | €69,725 | €51,397 | -€18,328 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €22,120 | €16,127 | -€5,993 | -27.1% |
| Trade debts | 44 | €16,457 | €8,001 | -€8,456 | -51.4% |
| Suppliers | 440/4 | €16,457 | €8,001 | -€8,456 | -51.4% |
| Taxes, remuneration and social security | 45 | €13,575 | €19,217 | +€5,642 | +41.6% |
| Taxes | 450/3 | €5,666 | €11,379 | +€5,712 | +100.8% |
| Remuneration and social security | 454/9 | €7,909 | €7,839 | -€70 | -0.9% |
| Other amounts payable | 47/48 | €17,573 | €8,052 | -€9,521 | -54.2% |
| Remuneration, social security and pensions | 62 | €45,967 | €47,796 | +€1,829 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,633 | €13,227 | +€594 | +4.7% |
| Other operating charges | 640/8 | €1,972 | €2,220 | +€248 | +12.6% |
| Gross operating margin | 9900 | €62,207 | €95,670 | +€33,463 | +53.8% |
| Operating profit (loss) | 9901 | €1,634 | €32,427 | +€30,792 | +1884.0% |
| Financial income | 75/76B | €508 | €232 | -€276 | -54.3% |
| Recurring financial income | 75 | €508 | €232 | -€276 | -54.3% |
| Financial charges | 65/66B | €5,502 | €5,465 | -€36 | -0.7% |
| Recurring financial charges | 65 | €5,502 | €5,465 | -€36 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,359 | €27,194 | +€30,553 | |
| Income taxes | 67/77 | €5,238 | €4,907 | -€331 | -6.3% |
| Profit (loss) for the period | 9904 | -€8,597 | €22,287 | +€30,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,597 | €22,287 | +€30,884 |
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 28 September 2026 via checked.be.