OO-TDR: 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.
OO-TDR
Largest movements
- Financial fixed assets +€310,000
new in 2025: €310,000
- Cash -€114,958
down €114,958 (-55.4%), from €207,591 to €92,633
mainly Investment in fixed assets (net) (-€317,350) and Contributions, distributions and other (-€315,000)
- Receivables after one year -€22,221
no longer reported in 2025 (was €22,221)
- Current investments -€13,301
no longer reported in 2025 (was €13,301)
- Receivables within one year +€10,231
up €10,231 (+52.7%), from €19,396 to €29,628
of which Trade receivables: +€10,035
- Debts after one year +€129,624
new in 2025: €129,624
- Other debts +€116,223
up €116,223 (+6765.0%), from €1,718 to €117,941
- Reserves -€69,678
down €69,678 (-32.4%), from €215,112 to €145,434
- Current portion of long-term debt +€20,373
new in 2025: €20,373
- Tax, wage and social debts -€19,829
down €19,829 (-43.4%), from €45,640 to €25,811
- Gross operating margin +€187,496
up €187,496 (+133.4%), from €140,580 to €328,076
- Taxes +€51,861
up €51,861 (+168.9%), from €30,709 to €82,570
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 | €265,425 | €441,043 | +€175,618 | +66.2% |
| Fixed assets | 21/28 | €1,978 | €317,844 | +€315,867 | +15972.3% |
| Tangible fixed assets | 22/27 | €1,978 | €7,844 | +€5,867 | +296.7% |
| Furniture and vehicles | 24 | €1,978 | €570 | -€1,408 | -71.2% |
| Other tangible fixed assets | 26 | - | €7,275 | +€7,275 | |
| Financial fixed assets | 28 | - | €310,000 | +€310,000 | |
| Current assets | 29/58 | €263,448 | €123,199 | -€140,249 | -53.2% |
| Amounts receivable after more than one year | 29 | €22,221 | - | -€22,221 | |
| Other amounts receivable | 291 | €22,221 | - | -€22,221 | |
| Amounts receivable within one year | 40/41 | €19,396 | €29,628 | +€10,231 | +52.7% |
| Trade receivables | 40 | €19,396 | €29,432 | +€10,035 | +51.7% |
| Other amounts receivable | 41 | - | €196 | +€196 | |
| Current investments | 50/53 | €13,301 | - | -€13,301 | |
| Cash at bank and in hand | 54/58 | €207,591 | €92,633 | -€114,958 | -55.4% |
| Deferred charges and accrued income | 490/1 | €938 | €938 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €265,425 | €441,043 | +€175,618 | +66.2% |
| Equity | 10/15 | €216,112 | €146,434 | -€69,678 | -32.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €215,112 | €145,434 | -€69,678 | -32.4% |
| Distributable reserves | 133 | €215,112 | €145,434 | -€69,678 | -32.4% |
| Amounts payable | 17/49 | €49,313 | €294,609 | +€245,296 | +497.4% |
| Amounts payable after more than one year | 17 | - | €129,624 | +€129,624 | |
| Financial debts | 170/4 | - | €129,624 | +€129,624 | |
| Amounts payable within one year | 42/48 | €49,167 | €164,829 | +€115,663 | +235.2% |
| Current portion of amounts payable after more than one year | 42 | - | €20,373 | +€20,373 | |
| Trade debts | 44 | €1,809 | €704 | -€1,104 | -61.1% |
| Suppliers | 440/4 | €1,809 | €704 | -€1,104 | -61.1% |
| Taxes, remuneration and social security | 45 | €45,640 | €25,811 | -€19,829 | -43.4% |
| Taxes | 450/3 | €45,640 | €25,811 | -€19,829 | -43.4% |
| Other amounts payable | 47/48 | €1,718 | €117,941 | +€116,223 | +6765.0% |
| Accrued charges and deferred income | 492/3 | €147 | €156 | +€9 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,885 | €1,483 | -€402 | -21.3% |
| Other operating charges | 640/8 | €118 | €665 | +€547 | +463.2% |
| Gross operating margin | 9900 | €140,580 | €328,076 | +€187,496 | +133.4% |
| Operating profit (loss) | 9901 | €138,577 | €325,928 | +€187,351 | +135.2% |
| Financial income | 75/76B | €1,685 | €4,922 | +€3,238 | +192.2% |
| Recurring financial income | 75 | €1,685 | €4,922 | +€3,238 | +192.2% |
| Financial charges | 65/66B | €1,657 | €2,958 | +€1,301 | +78.5% |
| Recurring financial charges | 65 | €1,657 | €2,958 | +€1,301 | +78.5% |
| Profit (loss) for the period before taxes | 9903 | €138,604 | €327,892 | +€189,288 | +136.6% |
| Income taxes | 67/77 | €30,709 | €82,570 | +€51,861 | +168.9% |
| Profit (loss) for the period | 9904 | €107,895 | €245,322 | +€137,427 | +127.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,895 | €245,322 | +€137,427 | +127.4% |
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.