OS RENOVATIONS: 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.
OS RENOVATIONS
Largest movements
- Receivables within one year -€7,939
down €7,939 (-14.1%), from €56,228 to €48,289
of which Trade receivables: -€6,453
- Tangible fixed assets -€2,116
down €2,116 (-50.8%), from €4,165 to €2,049
of which Furniture and vehicles: -€1,130
- Deferred charges and accrued income -€1,644
down €1,644 (-46.7%), from €3,519 to €1,875
- Profit (loss) carried forward -€20,642
down €20,642, from €10,383 to -€10,259
- Advances received +€12,135
up €12,135 (+301%), from €4,030 to €16,165
- Trade debts -€10,271
down €10,271 (-36.6%), from €28,066 to €17,795
- Other debts +€6,533
up €6,533 (+31.3%), from €20,903 to €27,436
- Tax, wage and social debts +€925
up €925 (+47.1%), from €1,965 to €2,890
- Gross operating margin -€25,830
down €25,830, from €12,985 to -€12,844
- Other operating charges +€3,381
up €3,381 (+552%), from €612 to €3,993
- Taxes -€1,790
down €1,790 (-91.1%), from €1,965 to €175
- Depreciation +€462
up €462 (+27.9%), from €1,654 to €2,116
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 | €67,868 | €56,546 | -€11,322 | -16.7% |
| Fixed assets | 21/28 | €5,133 | €3,017 | -€2,116 | -41.2% |
| Tangible fixed assets | 22/27 | €4,165 | €2,049 | -€2,116 | -50.8% |
| Plant, machinery and equipment | 23 | €2,445 | €1,459 | -€986 | -40.3% |
| Furniture and vehicles | 24 | €1,720 | €590 | -€1,130 | -65.7% |
| Financial fixed assets | 28 | €968 | €968 | = | 0.0% |
| Current assets | 29/58 | €62,735 | €53,530 | -€9,206 | -14.7% |
| Amounts receivable within one year | 40/41 | €56,228 | €48,289 | -€7,939 | -14.1% |
| Trade receivables | 40 | €53,501 | €47,048 | -€6,453 | -12.1% |
| Other amounts receivable | 41 | €2,727 | €1,241 | -€1,486 | -54.5% |
| Cash at bank and in hand | 54/58 | €2,989 | €3,365 | +€376 | +12.6% |
| Deferred charges and accrued income | 490/1 | €3,519 | €1,875 | -€1,644 | -46.7% |
| Total equity and liabilities | 10/49 | €67,868 | €56,546 | -€11,322 | -16.7% |
| Equity | 10/15 | €12,883 | -€7,759 | -€20,642 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,383 | -€10,259 | -€20,642 | |
| Amounts payable | 17/49 | €54,985 | €64,305 | +€9,320 | +16.9% |
| Amounts payable within one year | 42/48 | €54,985 | €64,305 | +€9,320 | +16.9% |
| Financial debts | 43 | €21 | €19 | -€2 | -9.6% |
| Credit institutions | 430/8 | €21 | €19 | -€2 | -9.6% |
| Trade debts | 44 | €28,066 | €17,795 | -€10,271 | -36.6% |
| Suppliers | 440/4 | €28,066 | €17,795 | -€10,271 | -36.6% |
| Advances received on contracts in progress | 46 | €4,030 | €16,165 | +€12,135 | +301% |
| Taxes, remuneration and social security | 45 | €1,965 | €2,890 | +€925 | +47.1% |
| Taxes | 450/3 | €1,965 | €2,890 | +€925 | +47.1% |
| Other amounts payable | 47/48 | €20,903 | €27,436 | +€6,533 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,654 | €2,116 | +€462 | +27.9% |
| Other operating charges | 640/8 | €612 | €3,993 | +€3,381 | +552% |
| Gross operating margin | 9900 | €12,985 | -€12,844 | -€25,830 | |
| Operating profit (loss) | 9901 | €10,719 | -€18,954 | -€29,673 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €1,430 | €1,533 | +€103 | +7.2% |
| Recurring financial charges | 65 | €1,430 | €1,533 | +€103 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €9,289 | -€20,467 | -€29,756 | |
| Income taxes | 67/77 | €1,965 | €175 | -€1,790 | -91.1% |
| Profit (loss) for the period | 9904 | €7,324 | -€20,642 | -€27,966 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,324 | -€20,642 | -€27,966 |
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 26 October 2026 via checked.be.