OGVH: 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.
OGVH
Largest movements
- Receivables within one year +€12,553
up €12,553 (+106.6%), from €11,775 to €24,328
of which Trade receivables: +€15,022
- Stocks and contracts -€11,542
no longer reported in 2025 (was €11,542)
- Tangible fixed assets -€8,657
down €8,657 (-25.2%), from €34,422 to €25,764
of which Leasing and similar rights: -€6,735
- Cash -€2,043
down €2,043 (-79.8%), from €2,561 to €518
mainly Trade debts (-€30,123) and Receivables within one year (-€12,553)
- Trade debts -€30,123
down €30,123 (-70.1%), from €42,998 to €12,876
- Profit (loss) carried forward +€14,457
no longer reported in 2025 (was -€14,457)
- Debts after one year -€7,147
down €7,147 (-57.1%), from €12,519 to €5,372
- Tax, wage and social debts +€6,323
up €6,323 (+4850.7%), from €130 to €6,453
of which Taxes: +€3,523
- Short-term financial debts +€4,258
new in 2025: €4,258
- Gross operating margin +€64,040
up €64,040, from -€36,709 to €27,330
- Other operating charges -€575
down €575 (-39.0%), from €1,472 to €898
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 | €60,387 | €50,732 | -€9,655 | -16.0% |
| Fixed assets | 21/28 | €34,447 | €25,789 | -€8,657 | -25.1% |
| Tangible fixed assets | 22/27 | €34,422 | €25,764 | -€8,657 | -25.2% |
| Furniture and vehicles | 24 | €5,169 | €4,021 | -€1,147 | -22.2% |
| Leasing and similar rights | 25 | €24,689 | €17,954 | -€6,735 | -27.3% |
| Other tangible fixed assets | 26 | €4,564 | €3,789 | -€775 | -17.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €25,940 | €24,943 | -€998 | -3.8% |
| Stocks and contracts in progress | 3 | €11,542 | - | -€11,542 | |
| Stocks | 30/36 | €11,542 | - | -€11,542 | |
| Amounts receivable within one year | 40/41 | €11,775 | €24,328 | +€12,553 | +106.6% |
| Trade receivables | 40 | €5,507 | €20,528 | +€15,022 | +272.8% |
| Other amounts receivable | 41 | €6,269 | €3,800 | -€2,469 | -39.4% |
| Cash at bank and in hand | 54/58 | €2,561 | €518 | -€2,043 | -79.8% |
| Deferred charges and accrued income | 490/1 | €62 | €96 | +€34 | +55.6% |
| Total equity and liabilities | 10/49 | €60,387 | €50,732 | -€9,655 | -16.0% |
| Equity | 10/15 | -€2,057 | €12,431 | +€14,488 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €31 | +€31 | |
| Distributable reserves | 133 | - | €31 | +€31 | |
| Profit (loss) carried forward | 14 | -€14,457 | - | +€14,457 | |
| Amounts payable | 17/49 | €62,444 | €38,301 | -€24,143 | -38.7% |
| Amounts payable after more than one year | 17 | €12,519 | €5,372 | -€7,147 | -57.1% |
| Financial debts | 170/4 | €12,519 | €5,372 | -€7,147 | -57.1% |
| Amounts payable within one year | 42/48 | €49,925 | €32,929 | -€16,996 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | €6,751 | €7,147 | +€396 | +5.9% |
| Financial debts | 43 | - | €4,258 | +€4,258 | |
| Credit institutions | 430/8 | - | €4,258 | +€4,258 | |
| Trade debts | 44 | €42,998 | €12,876 | -€30,123 | -70.1% |
| Suppliers | 440/4 | €42,998 | €12,876 | -€30,123 | -70.1% |
| Taxes, remuneration and social security | 45 | €130 | €6,453 | +€6,323 | +4850.7% |
| Taxes | 450/3 | €130 | €3,653 | +€3,523 | +2702.6% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €46 | €2,195 | +€2,149 | +4663.5% |
| Non-recurring operating income | 76A | €5,162 | - | -€5,162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,988 | €9,257 | +€270 | +3.0% |
| Other operating charges | 640/8 | €1,472 | €898 | -€575 | -39.0% |
| Gross operating margin | 9900 | -€36,709 | €27,330 | +€64,040 | |
| Operating profit (loss) | 9901 | -€47,169 | €17,175 | +€64,344 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €2,061 | €2,277 | +€215 | +10.5% |
| Recurring financial charges | 65 | €2,061 | €2,277 | +€215 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | -€49,230 | €14,917 | +€64,147 | |
| Income taxes | 67/77 | €130 | €428 | +€298 | +228.5% |
| Profit (loss) for the period | 9904 | -€49,361 | €14,488 | +€63,849 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,361 | €14,488 | +€63,849 |
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 12 October 2026 via checked.be.