Oicos: 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.
What changed
Oicos
NACE 55.209, Other holiday and short-stay accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€28,550
2024 · -€14,364-€14,186
Equity
-€299,928
2024 · -€271,378-€28,550
Cash
€210
2024 · €15,669-€15,460
Balance sheet total
€3.4m
2024 · €3.6m-€257,060
Largest movements
Assets
- Tangible fixed assets -€323,210
down €323,210 (-9.4%), from €3.4m to €3.1m
- Current investments +€75,000
new in 2025: €75,000
Equity and liabilities
- Short-term financial debts -€175,000
down €175,000 (-39.6%), from €441,875 to €266,875
Income statement
- Gross operating margin -€74,429
down €74,429 (-29.8%), from €249,581 to €175,152
- Financial charges -€53,021
down €53,021 (-35.8%), from €148,110 to €95,089
- Depreciation -€6,346
down €6,346 (-6.4%), from €99,184 to €92,837
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.
Result 2024
-€14,364
Gross operating margin
-€74,429
Depreciation
+€6,346
Other operating charges
+€349
Financial income
+€598
Financial charges
+€53,021
Taxes
-€71
Result 2025
-€28,550
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.
From operations
+€34,594
Investment
+€155,373
Financing
-€205,426
Cash 2024
€15,669
From operations (derived)
+€34,594
Net result for the year
-€28,550
Depreciation
+€92,837
Receivables within one year
-€6,554
Smaller working-capital items
-€705
Provisions
+€585
Trade debts
-€23,020
Investment (derived)
+€155,373
Investment in fixed assets (net)
+€230,373
Current investments
-€75,000
Financing
-€205,426
Debts after one year
-€34,496
Current portion of long-term debt
+€4,070
Short-term financial debts
-€175,000
Cash 2025
€210
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,621,189 | €3,364,130 | -€257,060 | -7.1% |
| Fixed assets | 21/28 | €3,420,507 | €3,097,297 | -€323,210 | -9.4% |
| Tangible fixed assets | 22/27 | €3,420,507 | €3,097,297 | -€323,210 | -9.4% |
| Land and buildings | 22 | €3,420,507 | €3,097,297 | -€323,210 | -9.4% |
| Current assets | 29/58 | €200,682 | €266,832 | +€66,150 | +33.0% |
| Stocks and contracts in progress | 3 | €183,331 | €183,331 | = | 0.0% |
| Stocks | 30/36 | €183,331 | €183,331 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €6,554 | +€6,554 | |
| Trade receivables | 40 | - | €6,279 | +€6,279 | |
| Other amounts receivable | 41 | - | €274 | +€274 | |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €15,669 | €210 | -€15,460 | -98.7% |
| Deferred charges and accrued income | 490/1 | €1,682 | €1,738 | +€56 | +3.3% |
| Total equity and liabilities | 10/49 | €3,621,189 | €3,364,130 | -€257,060 | -7.1% |
| Equity | 10/15 | -€271,378 | -€299,928 | -€28,550 | -10.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€301,378 | -€329,928 | -€28,550 | -9.5% |
| Provisions and deferred taxes | 16 | €102,719 | €103,304 | +€585 | +0.6% |
| Provisions for liabilities and charges | 160/5 | €102,719 | €103,304 | +€585 | +0.6% |
| Other liabilities and charges | 164/5 | €102,719 | €103,304 | +€585 | +0.6% |
| Amounts payable | 17/49 | €3,789,848 | €3,560,753 | -€229,095 | -6.0% |
| Amounts payable after more than one year | 17 | €3,212,780 | €3,178,284 | -€34,496 | -1.1% |
| Financial debts | 170/4 | €3,195,430 | €3,163,178 | -€32,252 | -1.0% |
| Other amounts payable | 178/9 | €17,350 | €15,106 | -€2,244 | -12.9% |
| Amounts payable within one year | 42/48 | €567,385 | €373,209 | -€194,175 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €87,646 | €91,716 | +€4,070 | +4.6% |
| Financial debts | 43 | €441,875 | €266,875 | -€175,000 | -39.6% |
| Credit institutions | 430/8 | €441,875 | €266,875 | -€175,000 | -39.6% |
| Trade debts | 44 | €37,429 | €14,409 | -€23,020 | -61.5% |
| Suppliers | 440/4 | €37,429 | €14,409 | -€23,020 | -61.5% |
| Taxes, remuneration and social security | 45 | €434 | €209 | -€225 | -51.8% |
| Taxes | 450/3 | €434 | €209 | -€225 | -51.8% |
| Accrued charges and deferred income | 492/3 | €9,684 | €9,260 | -€423 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,184 | €92,837 | -€6,346 | -6.4% |
| Other operating charges | 640/8 | €16,554 | €16,204 | -€349 | -2.1% |
| Gross operating margin | 9900 | €249,581 | €175,152 | -€74,429 | -29.8% |
| Operating profit (loss) | 9901 | €133,844 | €66,110 | -€67,734 | -50.6% |
| Financial income | 75/76B | €0 | €598 | +€598 | +5977200.0% |
| Recurring financial income | 75 | €0 | €598 | +€598 | +5977200.0% |
| Financial charges | 65/66B | €148,110 | €95,089 | -€53,021 | -35.8% |
| Recurring financial charges | 65 | €148,110 | €95,089 | -€53,021 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,266 | -€28,381 | -€14,115 | -98.9% |
| Income taxes | 67/77 | €98 | €169 | +€71 | +72.3% |
| Profit (loss) for the period | 9904 | -€14,364 | -€28,550 | -€14,186 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,364 | -€28,550 | -€14,186 | -98.8% |
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 4 October 2026 via checked.be.