OR COSMETIC: 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.
OR COSMETIC
Largest movements
- Stocks and contracts +€6,148
up €6,148 (+19.1%), from €32,208 to €38,356
- Receivables within one year +€5,846
up €5,846 (+381%), from €1,535 to €7,381
- Cash +€5,124
up €5,124 (+52.8%), from €9,698 to €14,822
mainly Net result for the year (+€14,819) and Tax, wage and social debts (+€5,199)
- Profit (loss) carried forward +€14,819
up €14,819, from -€13,243 to €1,576
- Tax, wage and social debts +€5,199
up €5,199 (+153%), from €3,396 to €8,595
of which Taxes: +€4,239
- Other debts -€1,715
down €1,715 (-5.5%), from €31,125 to €29,410
- Gross operating margin +€5,390
up €5,390 (+34.8%), from €15,502 to €20,892
- Staff costs +€4,691
up €4,691 (+1,430%), from €328 to €5,019
- Taxes +€893
new in 2025: €893
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.
Derived cash bridge
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 | €45,692 | €63,216 | +€17,524 | +38.4% |
| Fixed assets | 21/28 | €2,250 | €2,657 | +€407 | +18.1% |
| Tangible fixed assets | 22/27 | - | €407 | +€407 | |
| Plant, machinery and equipment | 23 | - | €407 | +€407 | |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €43,442 | €60,559 | +€17,117 | +39.4% |
| Stocks and contracts in progress | 3 | €32,208 | €38,356 | +€6,148 | +19.1% |
| Stocks | 30/36 | €32,208 | €38,356 | +€6,148 | +19.1% |
| Amounts receivable within one year | 40/41 | €1,535 | €7,381 | +€5,846 | +381% |
| Trade receivables | 40 | €1,535 | €7,381 | +€5,846 | +381% |
| Cash at bank and in hand | 54/58 | €9,698 | €14,822 | +€5,124 | +52.8% |
| Deferred charges and accrued income | 490/1 | €1 | - | -€1 | |
| Total equity and liabilities | 10/49 | €45,692 | €63,216 | +€17,524 | +38.4% |
| Equity | 10/15 | €5,357 | €20,176 | +€14,819 | +277% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,243 | €1,576 | +€14,819 | |
| Amounts payable | 17/49 | €40,335 | €43,040 | +€2,705 | +6.7% |
| Amounts payable within one year | 42/48 | €40,335 | €43,040 | +€2,705 | +6.7% |
| Trade debts | 44 | €5,379 | €5,035 | -€344 | -6.4% |
| Suppliers | 440/4 | €5,379 | €5,035 | -€344 | -6.4% |
| Advances received on contracts in progress | 46 | €435 | - | -€435 | |
| Taxes, remuneration and social security | 45 | €3,396 | €8,595 | +€5,199 | +153% |
| Taxes | 450/3 | €3,068 | €7,307 | +€4,239 | +138% |
| Remuneration and social security | 454/9 | €328 | €1,288 | +€960 | +293% |
| Other amounts payable | 47/48 | €31,125 | €29,410 | -€1,715 | -5.5% |
| Remuneration, social security and pensions | 62 | €328 | €5,019 | +€4,691 | +1,430% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €47 | +€47 | |
| Gross operating margin | 9900 | €15,502 | €20,892 | +€5,390 | +34.8% |
| Operating profit (loss) | 9901 | €15,174 | €15,826 | +€652 | +4.3% |
| Financial charges | 65/66B | €4 | €114 | +€110 | +2,750% |
| Recurring financial charges | 65 | €4 | €114 | +€110 | +2,750% |
| Profit (loss) for the period before taxes | 9903 | €15,170 | €15,712 | +€542 | +3.6% |
| Income taxes | 67/77 | - | €893 | +€893 | |
| Profit (loss) for the period | 9904 | €15,170 | €14,819 | -€351 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,170 | €14,819 | -€351 | -2.3% |
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 20 October 2026 via checked.be.