OMAREEM: 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.
OMAREEM
Largest movements
- Cash +€155,654
up €155,654 (+247.3%), from €62,951 to €218,604
mainly Net result for the year (+€91,279) and Tax, wage and social debts (+€90,315)
- Receivables within one year +€110,094
up €110,094 (+66.3%), from €166,096 to €276,191
of which Other amounts receivable: +€84,794
- Tangible fixed assets -€21,465
down €21,465 (-28.6%), from €74,986 to €53,522
of which Plant, machinery and equipment: -€20,233
- Deferred charges and accrued income +€12,610
up €12,610 (+141.4%), from €8,919 to €21,529
- Profit (loss) carried forward +€91,279
up €91,279 (+115.9%), from €78,731 to €170,010
- Tax, wage and social debts +€90,315
new in 2025: €90,315
of which Taxes: +€66,917
- Accrued charges and deferred income +€71,585
up €71,585 (+70.7%), from €101,221 to €172,807
- Gross operating margin +€71,548
up €71,548 (+50.3%), from €142,316 to €213,864
- Taxes +€43,674
up €43,674 (+402.8%), from €10,842 to €54,516
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 | €312,952 | €569,846 | +€256,893 | +82.1% |
| Fixed assets | 21/28 | €74,986 | €53,522 | -€21,465 | -28.6% |
| Tangible fixed assets | 22/27 | €74,986 | €53,522 | -€21,465 | -28.6% |
| Plant, machinery and equipment | 23 | €73,433 | €53,200 | -€20,233 | -27.6% |
| Furniture and vehicles | 24 | €768 | - | -€768 | |
| Leasing and similar rights | 25 | €785 | €321 | -€464 | -59.1% |
| Current assets | 29/58 | €237,966 | €516,324 | +€278,358 | +117.0% |
| Amounts receivable within one year | 40/41 | €166,096 | €276,191 | +€110,094 | +66.3% |
| Trade receivables | 40 | €910 | €26,211 | +€25,300 | +2779.4% |
| Other amounts receivable | 41 | €165,186 | €249,980 | +€84,794 | +51.3% |
| Cash at bank and in hand | 54/58 | €62,951 | €218,604 | +€155,654 | +247.3% |
| Deferred charges and accrued income | 490/1 | €8,919 | €21,529 | +€12,610 | +141.4% |
| Total equity and liabilities | 10/49 | €312,952 | €569,846 | +€256,893 | +82.1% |
| Equity | 10/15 | €211,731 | €303,010 | +€91,279 | +43.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €103,000 | €103,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,731 | €170,010 | +€91,279 | +115.9% |
| Amounts payable | 17/49 | €101,221 | €266,836 | +€165,615 | +163.6% |
| Amounts payable within one year | 42/48 | - | €94,029 | +€94,029 | |
| Trade debts | 44 | - | €3,714 | +€3,714 | |
| Suppliers | 440/4 | - | €3,714 | +€3,714 | |
| Taxes, remuneration and social security | 45 | - | €90,315 | +€90,315 | |
| Taxes | 450/3 | - | €66,917 | +€66,917 | |
| Remuneration and social security | 454/9 | - | €23,398 | +€23,398 | |
| Accrued charges and deferred income | 492/3 | €101,221 | €172,807 | +€71,585 | +70.7% |
| Remuneration, social security and pensions | 62 | €40,185 | €41,909 | +€1,724 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,131 | €21,465 | -€1,666 | -7.2% |
| Other operating charges | 640/8 | €804 | €1,731 | +€927 | +115.4% |
| Gross operating margin | 9900 | €142,316 | €213,864 | +€71,548 | +50.3% |
| Operating profit (loss) | 9901 | €78,197 | €148,760 | +€70,563 | +90.2% |
| Financial income | 75/76B | €209 | €79 | -€130 | -62.2% |
| Recurring financial income | 75 | €17 | €79 | +€62 | +371.3% |
| Non-recurring financial income | 76B | €192 | - | -€192 | |
| Financial charges | 65/66B | €2,372 | €3,044 | +€672 | +28.3% |
| Recurring financial charges | 65 | €2,372 | €3,044 | +€672 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | €76,033 | €145,795 | +€69,761 | +91.8% |
| Income taxes | 67/77 | €10,842 | €54,516 | +€43,674 | +402.8% |
| Profit (loss) for the period | 9904 | €65,191 | €91,279 | +€26,088 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,191 | €91,279 | +€26,088 | +40.0% |
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 2 October 2026 via checked.be.