Ogygia: 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.
Ogygia
Largest movements
- Tangible fixed assets -€45,302
down €45,302 (-3.5%), from €1.3m to €1.3m
of which Land and buildings: -€41,896
- Cash +€17,945
up €17,945 (+28.0%), from €64,046 to €81,991
mainly Depreciation (+€173,745) and Current portion of long-term debt (+€11,323)
- Profit (loss) carried forward -€33,251
down €33,251 (-46.9%), from -€70,915 to -€104,167
- Gross operating margin +€44,104
up €44,104 (+18.2%), from €242,112 to €286,216
- Depreciation +€20,852
up €20,852 (+13.6%), from €152,893 to €173,745
- Financial charges +€18,461
up €18,461 (+102.3%), from €18,049 to €36,510
- Staff costs +€5,394
up €5,394 (+5.8%), from €93,241 to €98,636
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 | €1,386,758 | €1,364,036 | -€22,722 | -1.6% |
| Fixed assets | 21/28 | €1,305,633 | €1,260,331 | -€45,302 | -3.5% |
| Tangible fixed assets | 22/27 | €1,305,633 | €1,260,331 | -€45,302 | -3.5% |
| Land and buildings | 22 | €1,275,740 | €1,233,843 | -€41,896 | -3.3% |
| Plant, machinery and equipment | 23 | €21,796 | €19,851 | -€1,945 | -8.9% |
| Furniture and vehicles | 24 | €8,098 | €6,636 | -€1,462 | -18.0% |
| Current assets | 29/58 | €81,125 | €103,706 | +€22,581 | +27.8% |
| Stocks and contracts in progress | 3 | €2,556 | €2,556 | = | 0.0% |
| Stocks | 30/36 | €2,556 | €2,556 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,439 | €10,600 | +€5,162 | +94.9% |
| Trade receivables | 40 | - | €6,140 | +€6,140 | |
| Other amounts receivable | 41 | €5,439 | €4,460 | -€979 | -18.0% |
| Cash at bank and in hand | 54/58 | €64,046 | €81,991 | +€17,945 | +28.0% |
| Deferred charges and accrued income | 490/1 | €9,085 | €8,559 | -€526 | -5.8% |
| Total equity and liabilities | 10/49 | €1,386,758 | €1,364,036 | -€22,722 | -1.6% |
| Equity | 10/15 | €681,455 | €648,203 | -€33,251 | -4.9% |
| Contributions | 10/11 | €752,370 | €752,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,915 | -€104,167 | -€33,251 | -46.9% |
| Amounts payable | 17/49 | €705,303 | €715,833 | +€10,530 | +1.5% |
| Amounts payable after more than one year | 17 | €411,049 | €411,228 | +€179 | 0.0% |
| Financial debts | 170/4 | €403,549 | €411,228 | +€7,679 | +1.9% |
| Other amounts payable | 178/9 | €7,500 | - | -€7,500 | |
| Amounts payable within one year | 42/48 | €289,237 | €299,519 | +€10,281 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €42,882 | €54,205 | +€11,323 | +26.4% |
| Trade debts | 44 | €16,785 | €15,098 | -€1,686 | -10.0% |
| Suppliers | 440/4 | €16,785 | €15,098 | -€1,686 | -10.0% |
| Taxes, remuneration and social security | 45 | €13,966 | €22,696 | +€8,730 | +62.5% |
| Taxes | 450/3 | €6,408 | €15,513 | +€9,105 | +142.1% |
| Remuneration and social security | 454/9 | €7,559 | €7,183 | -€375 | -5.0% |
| Other amounts payable | 47/48 | €215,604 | €207,519 | -€8,085 | -3.7% |
| Accrued charges and deferred income | 492/3 | €5,017 | €5,086 | +€69 | +1.4% |
| Remuneration, social security and pensions | 62 | €93,241 | €98,636 | +€5,394 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,893 | €173,745 | +€20,852 | +13.6% |
| Other operating charges | 640/8 | €7,778 | €10,518 | +€2,740 | +35.2% |
| Gross operating margin | 9900 | €242,112 | €286,216 | +€44,104 | +18.2% |
| Operating profit (loss) | 9901 | -€11,801 | €3,317 | +€15,118 | |
| Financial income | 75/76B | €243 | €493 | +€250 | +102.7% |
| Recurring financial income | 75 | €243 | €493 | +€250 | +102.7% |
| Financial charges | 65/66B | €18,049 | €36,510 | +€18,461 | +102.3% |
| Recurring financial charges | 65 | €18,049 | €36,510 | +€18,461 | +102.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,607 | -€32,701 | -€3,093 | -10.4% |
| Income taxes | 67/77 | €432 | €551 | +€119 | +27.6% |
| Profit (loss) for the period | 9904 | -€30,039 | -€33,251 | -€3,212 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,039 | -€33,251 | -€3,212 | -10.7% |
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 4 October 2026 via checked.be.