OJAN: 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.
OJAN
Largest movements
- Cash -€141,719
down €141,719 (-72.6%), from €195,209 to €53,490
mainly Contributions, distributions and other (-€215,465) and Other debts (-€183,346)
- Receivables after one year -€128,049
down €128,049 (-76.7%), from €167,025 to €38,977
of which Trade receivables: -€167,025
- Other debts -€183,346
down €183,346 (-74.8%), from €245,000 to €61,654
- Profit (loss) carried forward -€104,627
down €104,627 (-68.0%), from €153,812 to €49,185
- Tax, wage and social debts +€20,095
up €20,095 (+280.2%), from €7,171 to €27,267
of which Taxes: +€20,095
- Accrued charges and deferred income -€6,194
down €6,194 (-100.0%), from €6,194 to €0
- Gross operating margin -€12,820
down €12,820 (-8.2%), from €155,620 to €142,799
- Taxes -€3,157
down €3,157 (-8.9%), from €35,484 to €32,327
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 | €418,747 | €144,683 | -€274,064 | -65.4% |
| Fixed assets | 21/28 | €8,587 | €6,139 | -€2,448 | -28.5% |
| Tangible fixed assets | 22/27 | €8,587 | €6,139 | -€2,448 | -28.5% |
| Plant, machinery and equipment | 23 | €4,697 | €3,467 | -€1,230 | -26.2% |
| Furniture and vehicles | 24 | €1,862 | €926 | -€936 | -50.3% |
| Other tangible fixed assets | 26 | €2,028 | €1,746 | -€282 | -13.9% |
| Current assets | 29/58 | €410,160 | €138,544 | -€271,616 | -66.2% |
| Amounts receivable after more than one year | 29 | €167,025 | €38,977 | -€128,049 | -76.7% |
| Trade receivables | 290 | €167,025 | €0 | -€167,025 | -100.0% |
| Other amounts receivable | 291 | - | €38,977 | +€38,977 | |
| Amounts receivable within one year | 40/41 | €22,290 | €20,420 | -€1,870 | -8.4% |
| Trade receivables | 40 | €21,891 | €20,021 | -€1,870 | -8.5% |
| Other amounts receivable | 41 | €399 | €399 | = | 0.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €195,209 | €53,490 | -€141,719 | -72.6% |
| Deferred charges and accrued income | 490/1 | €25,636 | €25,657 | +€22 | +0.1% |
| Total equity and liabilities | 10/49 | €418,747 | €144,683 | -€274,064 | -65.4% |
| Equity | 10/15 | €158,812 | €54,185 | -€104,627 | -65.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,812 | €49,185 | -€104,627 | -68.0% |
| Amounts payable | 17/49 | €259,935 | €90,498 | -€169,437 | -65.2% |
| Amounts payable within one year | 42/48 | €253,741 | €90,498 | -€163,243 | -64.3% |
| Trade debts | 44 | €1,570 | €1,578 | +€8 | +0.5% |
| Suppliers | 440/4 | €1,570 | €1,578 | +€8 | +0.5% |
| Taxes, remuneration and social security | 45 | €7,171 | €27,267 | +€20,095 | +280.2% |
| Taxes | 450/3 | €5,126 | €25,221 | +€20,095 | +392.1% |
| Remuneration and social security | 454/9 | €2,046 | €2,046 | = | 0.0% |
| Other amounts payable | 47/48 | €245,000 | €61,654 | -€183,346 | -74.8% |
| Accrued charges and deferred income | 492/3 | €6,194 | €0 | -€6,194 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,181 | €2,448 | -€733 | -23.1% |
| Other operating charges | 640/8 | €706 | €823 | +€117 | +16.6% |
| Gross operating margin | 9900 | €155,620 | €142,799 | -€12,820 | -8.2% |
| Operating profit (loss) | 9901 | €151,733 | €139,528 | -€12,204 | -8.0% |
| Financial income | 75/76B | €5,001 | €4,442 | -€558 | -11.2% |
| Recurring financial income | 75 | €5,001 | €4,442 | -€558 | -11.2% |
| Financial charges | 65/66B | €1,256 | €805 | -€451 | -35.9% |
| Recurring financial charges | 65 | €1,256 | €805 | -€451 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €155,478 | €143,166 | -€12,312 | -7.9% |
| Income taxes | 67/77 | €35,484 | €32,327 | -€3,157 | -8.9% |
| Profit (loss) for the period | 9904 | €119,994 | €110,839 | -€9,155 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €119,994 | €110,839 | -€9,155 | -7.6% |
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 7 October 2026 via checked.be.