OM 03: 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.
OM 03
Largest movements
- Stocks and contracts -€19,421
no longer reported in 2025 (was €19,421)
- Cash -€5,202
down €5,202 (-77.1%), from €6,744 to €1,542
mainly Net result for the year (-€21,841) and Other debts (-€11,874)
- Deferred charges and accrued income -€370
no longer reported in 2025 (was €370)
- Receivables within one year -€316
down €316 (-14.3%), from €2,207 to €1,891
- Profit (loss) carried forward -€21,841
down €21,841 (-291.9%), from -€7,483 to -€29,324
- Other debts -€11,874
down €11,874 (-95.9%), from €12,383 to €509
- Tax, wage and social debts +€5,222
up €5,222 (+174.4%), from €2,995 to €8,217
of which Remuneration and social security: +€2,651
- Trade debts +€3,184
up €3,184 (+54.4%), from €5,848 to €9,032
- Gross operating margin -€49,197
down €49,197 (-84.0%), from €58,588 to €9,391
- Staff costs -€32,373
down €32,373 (-52.0%), from €62,284 to €29,911
- Financial charges -€1,394
down €1,394 (-55.4%), from €2,515 to €1,121
- Other operating charges -€1,073
down €1,073 (-84.3%), from €1,273 to €200
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 | €28,741 | €3,433 | -€25,308 | -88.1% |
| Current assets | 29/58 | €28,741 | €3,433 | -€25,308 | -88.1% |
| Stocks and contracts in progress | 3 | €19,421 | - | -€19,421 | |
| Stocks | 30/36 | €19,421 | - | -€19,421 | |
| Amounts receivable within one year | 40/41 | €2,207 | €1,891 | -€316 | -14.3% |
| Other amounts receivable | 41 | €2,207 | €1,891 | -€316 | -14.3% |
| Cash at bank and in hand | 54/58 | €6,744 | €1,542 | -€5,202 | -77.1% |
| Deferred charges and accrued income | 490/1 | €370 | - | -€370 | |
| Total equity and liabilities | 10/49 | €28,741 | €3,433 | -€25,308 | -88.1% |
| Equity | 10/15 | €7,517 | -€14,324 | -€21,841 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,483 | -€29,324 | -€21,841 | -291.9% |
| Amounts payable | 17/49 | €21,225 | €17,758 | -€3,467 | -16.3% |
| Amounts payable within one year | 42/48 | €21,225 | €17,758 | -€3,467 | -16.3% |
| Trade debts | 44 | €5,848 | €9,032 | +€3,184 | +54.4% |
| Suppliers | 440/4 | €5,848 | €9,032 | +€3,184 | +54.4% |
| Taxes, remuneration and social security | 45 | €2,995 | €8,217 | +€5,222 | +174.4% |
| Taxes | 450/3 | €2,195 | €4,767 | +€2,571 | +117.1% |
| Remuneration and social security | 454/9 | €799 | €3,451 | +€2,651 | +331.7% |
| Other amounts payable | 47/48 | €12,383 | €509 | -€11,874 | -95.9% |
| Remuneration, social security and pensions | 62 | €62,284 | €29,911 | -€32,373 | -52.0% |
| Other operating charges | 640/8 | €1,273 | €200 | -€1,073 | -84.3% |
| Gross operating margin | 9900 | €58,588 | €9,391 | -€49,197 | -84.0% |
| Operating profit (loss) | 9901 | -€4,969 | -€20,720 | -€15,751 | -317.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,515 | €1,121 | -€1,394 | -55.4% |
| Recurring financial charges | 65 | €2,515 | €1,121 | -€1,394 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,483 | -€21,841 | -€14,357 | -191.9% |
| Profit (loss) for the period | 9904 | -€7,483 | -€21,841 | -€14,357 | -191.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,483 | -€21,841 | -€14,357 | -191.9% |
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.