OREGON: 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.
OREGON
Largest movements
- Receivables within one year +€15,721
up €15,721 (+87.8%), from €17,910 to €33,630
- Tangible fixed assets -€9,103
down €9,103 (-3.4%), from €265,119 to €256,016
of which Land and buildings: -€20,542
- Cash -€4,745
down €4,745 (-8.1%), from €58,289 to €53,544
mainly Net result for the year (-€25,618) and Investment in fixed assets (net) (-€21,574)
- Profit (loss) carried forward -€25,618
down €25,618 (-12.7%), from -€202,492 to -€228,110
- Trade debts +€24,959
up €24,959 (+429.6%), from €5,810 to €30,769
- Other debts +€6,410
up €6,410 (+4.3%), from €149,701 to €156,111
- Current portion of long-term debt -€5,388
no longer reported in 2025 (was €5,388)
- Gross operating margin -€12,113
down €12,113 (-51.3%), from €23,631 to €11,519
- Depreciation +€1,584
up €1,584 (+5.4%), from €29,093 to €30,677
- Other operating charges -€840
down €840 (-13.9%), from €6,050 to €5,210
- Financial charges +€710
up €710 (+165.2%), from €430 to €1,140
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 | €343,140 | €344,142 | +€1,003 | +0.3% |
| Fixed assets | 21/28 | €265,119 | €256,016 | -€9,103 | -3.4% |
| Tangible fixed assets | 22/27 | €265,119 | €256,016 | -€9,103 | -3.4% |
| Land and buildings | 22 | €241,305 | €220,763 | -€20,542 | -8.5% |
| Plant, machinery and equipment | 23 | €23,388 | €34,969 | +€11,582 | +49.5% |
| Furniture and vehicles | 24 | €426 | €284 | -€142 | -33.3% |
| Current assets | 29/58 | €78,021 | €88,126 | +€10,106 | +13.0% |
| Amounts receivable within one year | 40/41 | €17,910 | €33,630 | +€15,721 | +87.8% |
| Trade receivables | 40 | €17,910 | €33,630 | +€15,721 | +87.8% |
| Cash at bank and in hand | 54/58 | €58,289 | €53,544 | -€4,745 | -8.1% |
| Deferred charges and accrued income | 490/1 | €1,821 | €952 | -€870 | -47.7% |
| Total equity and liabilities | 10/49 | €343,140 | €344,142 | +€1,003 | +0.3% |
| Equity | 10/15 | €179,164 | €153,547 | -€25,618 | -14.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €282,419 | €282,419 | = | 0.0% |
| Reserves | 13 | €37,264 | €37,264 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,850 | €1,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,413 | €35,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,492 | -€228,110 | -€25,618 | -12.7% |
| Amounts payable | 17/49 | €163,975 | €190,596 | +€26,621 | +16.2% |
| Amounts payable within one year | 42/48 | €163,975 | €190,476 | +€26,501 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €5,388 | - | -€5,388 | |
| Trade debts | 44 | €5,810 | €30,769 | +€24,959 | +429.6% |
| Suppliers | 440/4 | €5,810 | €30,769 | +€24,959 | +429.6% |
| Taxes, remuneration and social security | 45 | €3,076 | €3,597 | +€521 | +16.9% |
| Taxes | 450/3 | €3,076 | €3,597 | +€521 | +16.9% |
| Other amounts payable | 47/48 | €149,701 | €156,111 | +€6,410 | +4.3% |
| Accrued charges and deferred income | 492/3 | - | €120 | +€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,093 | €30,677 | +€1,584 | +5.4% |
| Other operating charges | 640/8 | €6,050 | €5,210 | -€840 | -13.9% |
| Gross operating margin | 9900 | €23,631 | €11,519 | -€12,113 | -51.3% |
| Operating profit (loss) | 9901 | -€11,511 | -€24,368 | -€12,857 | -111.7% |
| Financial income | 75/76B | €38 | €31 | -€7 | -17.3% |
| Recurring financial income | 75 | €38 | €31 | -€7 | -17.3% |
| Financial charges | 65/66B | €430 | €1,140 | +€710 | +165.2% |
| Recurring financial charges | 65 | €430 | €1,140 | +€710 | +165.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,903 | -€25,477 | -€13,573 | -114.0% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€12,043 | -€25,618 | -€13,575 | -112.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,043 | -€25,618 | -€13,575 | -112.7% |
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 9 October 2026 via checked.be.