OJ: 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.
OJ
Largest movements
- Tangible fixed assets -€100,259
down €100,259 (-3.6%), from €2.8m to €2.7m
of which Plant, machinery and equipment: -€74,290
- Profit (loss) carried forward -€219,996
down €219,996 (-11.5%), from -€1.9m to -€2.1m
- Other debts +€108,797
up €108,797 (+3.3%), from €3.3m to €3.4m
- Gross operating margin -€129,695
down €129,695, from €59,715 to -€69,980
- Taxes -€5,138
no longer reported in 2025 (was €5,138)
- Staff costs +€2,280
up €2,280 (+5.5%), from €41,440 to €43,720
- Other operating charges -€1,833
down €1,833 (-24.5%), from €7,472 to €5,639
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 | €3,907,034 | €3,810,234 | -€96,800 | -2.5% |
| Fixed assets | 21/28 | €2,941,500 | €2,841,240 | -€100,259 | -3.4% |
| Tangible fixed assets | 22/27 | €2,794,396 | €2,694,137 | -€100,259 | -3.6% |
| Land and buildings | 22 | €2,487,182 | €2,461,790 | -€25,392 | -1.0% |
| Plant, machinery and equipment | 23 | €306,203 | €231,912 | -€74,290 | -24.3% |
| Furniture and vehicles | 24 | €1,012 | €435 | -€577 | -57.0% |
| Financial fixed assets | 28 | €147,104 | €147,104 | = | 0.0% |
| Current assets | 29/58 | €965,534 | €968,994 | +€3,460 | +0.4% |
| Stocks and contracts in progress | 3 | €324,895 | €324,895 | = | 0.0% |
| Stocks | 30/36 | €324,895 | €324,895 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €627,694 | €627,924 | +€230 | 0.0% |
| Trade receivables | 40 | €240,031 | €239,030 | -€1,001 | -0.4% |
| Other amounts receivable | 41 | €387,663 | €388,894 | +€1,231 | +0.3% |
| Cash at bank and in hand | 54/58 | €8,101 | €11,196 | +€3,095 | +38.2% |
| Deferred charges and accrued income | 490/1 | €4,844 | €4,979 | +€135 | +2.8% |
| Total equity and liabilities | 10/49 | €3,907,034 | €3,810,234 | -€96,800 | -2.5% |
| Equity | 10/15 | €534,884 | €314,888 | -€219,996 | -41.1% |
| Contributions | 10/11 | €386,100 | €386,100 | = | 0.0% |
| Revaluation surpluses | 12 | €2,062,203 | €2,062,203 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,913,419 | -€2,133,415 | -€219,996 | -11.5% |
| Amounts payable | 17/49 | €3,372,150 | €3,495,346 | +€123,196 | +3.7% |
| Amounts payable within one year | 42/48 | €3,372,150 | €3,495,346 | +€123,196 | +3.7% |
| Trade debts | 44 | €15,540 | €32,266 | +€16,725 | +107.6% |
| Suppliers | 440/4 | €15,540 | €32,266 | +€16,725 | +107.6% |
| Taxes, remuneration and social security | 45 | €17,760 | €15,434 | -€2,326 | -13.1% |
| Taxes | 450/3 | €4,535 | €3,723 | -€812 | -17.9% |
| Remuneration and social security | 454/9 | €13,225 | €11,711 | -€1,514 | -11.4% |
| Other amounts payable | 47/48 | €3,338,850 | €3,447,646 | +€108,797 | +3.3% |
| Remuneration, social security and pensions | 62 | €41,440 | €43,720 | +€2,280 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,587 | €100,259 | -€327 | -0.3% |
| Other operating charges | 640/8 | €7,472 | €5,639 | -€1,833 | -24.5% |
| Gross operating margin | 9900 | €59,715 | -€69,980 | -€129,695 | |
| Operating profit (loss) | 9901 | -€89,783 | -€219,598 | -€129,814 | -144.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €309 | €398 | +€89 | +28.9% |
| Recurring financial charges | 65 | €309 | €398 | +€89 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | -€90,093 | -€219,996 | -€129,904 | -144.2% |
| Income taxes | 67/77 | €5,138 | - | -€5,138 | |
| Profit (loss) for the period | 9904 | -€95,231 | -€219,996 | -€124,765 | -131.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,231 | -€219,996 | -€124,765 | -131.0% |
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 6 October 2026 via checked.be.