OMID BELGIUM: 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.
OMID BELGIUM
Largest movements
- Cash -€76,547
down €76,547 (-66.3%), from €115,376 to €38,829
mainly Trade debts (-€152,212) and Investment in fixed assets (net) (-€5,673)
- Stocks and contracts -€29,727
down €29,727 (-21.6%), from €137,859 to €108,132
- Tangible fixed assets +€5,673
new in 2024: €5,673
of which Plant, machinery and equipment: +€5,193
- Trade debts -€152,212
down €152,212 (-83.5%), from €182,286 to €30,074
- Profit (loss) carried forward +€51,611
up €51,611 (+868%), from €5,949 to €57,560
- Turnover -€89,875
down €89,875 (-14.5%), from €621,067 to €531,192
- Gross operating margin -€88,887
down €88,887 (-46.5%), from €191,058 to €102,171
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,235 | €152,634 | -€100,601 | -39.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €5,673 | +€5,673 | |
| Tangible fixed assets | 22/27 | - | €5,673 | +€5,673 | |
| Plant, machinery and equipment | 23 | - | €5,193 | +€5,193 | |
| Furniture and vehicles | 24 | - | €480 | +€480 | |
| Current assets | 29/58 | €253,235 | €146,961 | -€106,274 | -42.0% |
| Stocks and contracts in progress | 3 | €137,859 | €108,132 | -€29,727 | -21.6% |
| Stocks | 30/36 | €137,859 | €108,132 | -€29,727 | -21.6% |
| Cash at bank and in hand | 54/58 | €115,376 | €38,829 | -€76,547 | -66.3% |
| Total equity and liabilities | 10/49 | €253,235 | €152,634 | -€100,601 | -39.7% |
| Equity | 10/15 | €70,949 | €122,560 | +€51,611 | +72.7% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,949 | €57,560 | +€51,611 | +868% |
| Amounts payable | 17/49 | €182,286 | €30,074 | -€152,212 | -83.5% |
| Amounts payable within one year | 42/48 | €182,286 | €30,074 | -€152,212 | -83.5% |
| Trade debts | 44 | €182,286 | €30,074 | -€152,212 | -83.5% |
| Suppliers | 440/4 | €182,286 | €30,074 | -€152,212 | -83.5% |
| Turnover | 70 | €621,067 | €531,192 | -€89,875 | -14.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €430,009 | €429,021 | -€988 | -0.2% |
| Remuneration, social security and pensions | 62 | €47,513 | €50,561 | +€3,047 | +6.4% |
| Other operating charges | 640/8 | €259 | - | -€259 | |
| Non-recurring operating charges | 66A | €745 | - | -€745 | |
| Gross operating margin | 9900 | €191,058 | €102,171 | -€88,887 | -46.5% |
| Operating profit (loss) | 9901 | €142,541 | €51,611 | -€90,930 | -63.8% |
| Financial charges | 65/66B | €773 | €0 | -€773 | -100% |
| Recurring financial charges | 65 | €773 | €0 | -€773 | -100% |
| Profit (loss) for the period before taxes | 9903 | €141,768 | €51,611 | -€90,157 | -63.6% |
| Profit (loss) for the period | 9904 | €141,768 | €51,611 | -€90,157 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €141,768 | €51,611 | -€90,157 | -63.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.