OM: what changed
Two financial 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
Largest movements
- Receivables within one year +€57,746
up €57,746 (+417.8%), from €13,821 to €71,568
of which Trade receivables: +€63,676
- Cash -€14,933
down €14,933 (-37.1%), from €40,222 to €25,289
mainly Receivables within one year (-€57,746) and Stocks and contracts (-€1,991)
- Stocks and contracts +€1,991
up €1,991 (+10.2%), from €19,528 to €21,519
- Trade debts +€38,019
up €38,019 (+163.8%), from €23,216 to €61,235
- Profit (loss) carried forward +€5,225
up €5,225 (+22.5%), from €23,243 to €28,469
- Staff costs +€5,343
up €5,343 (+530.2%), from €1,008 to €6,351
- Gross operating margin +€2,198
up €2,198 (+13.2%), from €16,610 to €18,808
- Other operating charges -€1,236
down €1,236 (-26.2%), from €4,713 to €3,478
- Taxes +€383
up €383 (+25.9%), from €1,478 to €1,861
- Financial charges +€380
up €380 (+27.7%), from €1,372 to €1,752
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 | €73,572 | €118,375 | +€44,804 | +60.9% |
| Current assets | 29/58 | €73,572 | €118,375 | +€44,804 | +60.9% |
| Stocks and contracts in progress | 3 | €19,528 | €21,519 | +€1,991 | +10.2% |
| Stocks | 30/36 | €19,528 | €21,519 | +€1,991 | +10.2% |
| Amounts receivable within one year | 40/41 | €13,821 | €71,568 | +€57,746 | +417.8% |
| Trade receivables | 40 | - | €63,676 | +€63,676 | |
| Other amounts receivable | 41 | €13,821 | €7,892 | -€5,929 | -42.9% |
| Cash at bank and in hand | 54/58 | €40,222 | €25,289 | -€14,933 | -37.1% |
| Total equity and liabilities | 10/49 | €73,572 | €118,375 | +€44,804 | +60.9% |
| Equity | 10/15 | €43,703 | €48,929 | +€5,225 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,243 | €28,469 | +€5,225 | +22.5% |
| Amounts payable | 17/49 | €29,868 | €69,447 | +€39,578 | +132.5% |
| Amounts payable within one year | 42/48 | €29,868 | €69,447 | +€39,578 | +132.5% |
| Trade debts | 44 | €23,216 | €61,235 | +€38,019 | +163.8% |
| Suppliers | 440/4 | €23,216 | €61,235 | +€38,019 | +163.8% |
| Taxes, remuneration and social security | 45 | €6,653 | €7,732 | +€1,079 | +16.2% |
| Taxes | 450/3 | €5,076 | €4,310 | -€767 | -15.1% |
| Remuneration and social security | 454/9 | €1,576 | €3,422 | +€1,845 | +117.1% |
| Other amounts payable | 47/48 | - | €480 | +€480 | |
| Remuneration, social security and pensions | 62 | €1,008 | €6,351 | +€5,343 | +530.2% |
| Other operating charges | 640/8 | €4,713 | €3,478 | -€1,236 | -26.2% |
| Non-recurring operating charges | 66A | €1,200 | €141 | -€1,058 | -88.2% |
| Gross operating margin | 9900 | €16,610 | €18,808 | +€2,198 | +13.2% |
| Operating profit (loss) | 9901 | €9,689 | €8,838 | -€851 | -8.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -78.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -78.0% |
| Financial charges | 65/66B | €1,372 | €1,752 | +€380 | +27.7% |
| Recurring financial charges | 65 | €1,372 | €1,752 | +€380 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €8,318 | €7,086 | -€1,232 | -14.8% |
| Income taxes | 67/77 | €1,478 | €1,861 | +€383 | +25.9% |
| Profit (loss) for the period | 9904 | €6,841 | €5,225 | -€1,615 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,841 | €5,225 | -€1,615 | -23.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.