OMAJE: 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.
OMAJE
Largest movements
- Tangible fixed assets +€287,836
up €287,836 (+26.5%), from €1.1m to €1.4m
of which Land and buildings: +€295,652
- Cash -€84,348
down €84,348 (-40.0%), from €210,845 to €126,497
mainly Investment in fixed assets (net) (-€433,621) and Advances received (-€145,861)
- Debts after one year +€166,780
up €166,780 (+19.9%), from €836,587 to €1.0m
of which Financial debts: +€156,010
- Advances received -€145,861
down €145,861 (-68.7%), from €212,409 to €66,548
- Profit (loss) carried forward +€95,934
up €95,934 (+54.6%), from €175,840 to €271,773
- Tax, wage and social debts +€51,655
up €51,655 (+78.9%), from €65,470 to €117,125
of which Taxes: +€46,015
- Current portion of long-term debt +€23,082
up €23,082 (+30.5%), from €75,718 to €98,799
- Gross operating margin +€172,007
up €172,007 (+45.9%), from €374,502 to €546,509
- Depreciation +€50,396
up €50,396 (+55.9%), from €90,090 to €140,486
- Staff costs +€33,705
up €33,705 (+19.7%), from €171,037 to €204,743
- Taxes +€22,338
up €22,338 (+139.7%), from €15,993 to €38,332
- Other operating charges +€6,393
up €6,393 (+24.7%), from €25,929 to €32,322
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 | €1,371,350 | €1,567,301 | +€195,952 | +14.3% |
| Fixed assets | 21/28 | €1,084,517 | €1,377,652 | +€293,135 | +27.0% |
| Intangible fixed assets | 21 | €389 | €5,688 | +€5,299 | +1362.4% |
| Tangible fixed assets | 22/27 | €1,084,128 | €1,371,964 | +€287,836 | +26.5% |
| Land and buildings | 22 | €955,081 | €1,250,733 | +€295,652 | +31.0% |
| Furniture and vehicles | 24 | €129,047 | €121,231 | -€7,816 | -6.1% |
| Current assets | 29/58 | €286,833 | €189,650 | -€97,183 | -33.9% |
| Amounts receivable within one year | 40/41 | €74,272 | €58,808 | -€15,464 | -20.8% |
| Trade receivables | 40 | €73,714 | €56,762 | -€16,953 | -23.0% |
| Other amounts receivable | 41 | €558 | €2,046 | +€1,489 | +266.9% |
| Cash at bank and in hand | 54/58 | €210,845 | €126,497 | -€84,348 | -40.0% |
| Deferred charges and accrued income | 490/1 | €1,716 | €4,345 | +€2,629 | +153.2% |
| Total equity and liabilities | 10/49 | €1,371,350 | €1,567,301 | +€195,952 | +14.3% |
| Equity | 10/15 | €177,840 | €273,773 | +€95,934 | +53.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,840 | €271,773 | +€95,934 | +54.6% |
| Amounts payable | 17/49 | €1,193,510 | €1,293,528 | +€100,018 | +8.4% |
| Amounts payable after more than one year | 17 | €836,587 | €1,003,367 | +€166,780 | +19.9% |
| Financial debts | 170/4 | €836,587 | €992,597 | +€156,010 | +18.6% |
| Other amounts payable | 178/9 | - | €10,770 | +€10,770 | |
| Amounts payable within one year | 42/48 | €356,923 | €290,161 | -€66,762 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €75,718 | €98,799 | +€23,082 | +30.5% |
| Trade debts | 44 | €3,327 | €7,689 | +€4,362 | +131.1% |
| Suppliers | 440/4 | €3,327 | €7,689 | +€4,362 | +131.1% |
| Advances received on contracts in progress | 46 | €212,409 | €66,548 | -€145,861 | -68.7% |
| Taxes, remuneration and social security | 45 | €65,470 | €117,125 | +€51,655 | +78.9% |
| Taxes | 450/3 | €41,118 | €87,133 | +€46,015 | +111.9% |
| Remuneration and social security | 454/9 | €24,352 | €29,992 | +€5,640 | +23.2% |
| Non-recurring operating income | 76A | - | €1,749 | +€1,749 | |
| Remuneration, social security and pensions | 62 | €171,037 | €204,743 | +€33,705 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,090 | €140,486 | +€50,396 | +55.9% |
| Other operating charges | 640/8 | €25,929 | €32,322 | +€6,393 | +24.7% |
| Gross operating margin | 9900 | €374,502 | €546,509 | +€172,007 | +45.9% |
| Operating profit (loss) | 9901 | €87,445 | €168,959 | +€81,513 | +93.2% |
| Financial income | 75/76B | €1,286 | €1,167 | -€118 | -9.2% |
| Recurring financial income | 75 | €1,286 | €1,167 | -€118 | -9.2% |
| Financial charges | 65/66B | €33,079 | €35,861 | +€2,782 | +8.4% |
| Recurring financial charges | 65 | €33,079 | €35,861 | +€2,782 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €55,652 | €134,265 | +€78,613 | +141.3% |
| Income taxes | 67/77 | €15,993 | €38,332 | +€22,338 | +139.7% |
| Profit (loss) for the period | 9904 | €39,659 | €95,934 | +€56,275 | +141.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,659 | €95,934 | +€56,275 | +141.9% |
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 6 October 2026 via checked.be.