OS3 JEWELS: 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.
OS3 JEWELS
Largest movements
- Stocks and contracts +€30,194
up €30,194 (+107%), from €28,315 to €58,509
- Cash +€2,454
up €2,454 (+285%), from €861 to €3,315
mainly Other debts (+€35,963) and Depreciation (+€3,919)
- Receivables within one year -€2,354
down €2,354 (-28.5%), from €8,252 to €5,898
of which Trade receivables: -€3,908
- Intangible fixed assets +€1,250
up €1,250 (+6.9%), from €18,241 to €19,491
- Other debts +€35,963
up €35,963 (+68.4%), from €52,547 to €88,510
- Profit (loss) carried forward -€4,413
down €4,413 (-224%), from -€1,970 to -€6,383
- Depreciation +€2,961
up €2,961 (+309%), from €959 to €3,919
- Financial income +€914
new in 2025: €914
- Gross operating margin -€735
down €735 (-190%), from -€386 to -€1,121
- Other operating charges -€307
no longer reported in 2025 (was €307)
- Financial charges -€31
down €31 (-9.8%), from €318 to €286
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 | €55,670 | €87,824 | +€32,154 | +57.8% |
| Fixed assets | 21/28 | €18,241 | €20,102 | +€1,861 | +10.2% |
| Intangible fixed assets | 21 | €18,241 | €19,491 | +€1,250 | +6.9% |
| Tangible fixed assets | 22/27 | - | €611 | +€611 | |
| Furniture and vehicles | 24 | - | €611 | +€611 | |
| Current assets | 29/58 | €37,428 | €67,721 | +€30,293 | +80.9% |
| Stocks and contracts in progress | 3 | €28,315 | €58,509 | +€30,194 | +107% |
| Stocks | 30/36 | €28,315 | €58,509 | +€30,194 | +107% |
| Amounts receivable within one year | 40/41 | €8,252 | €5,898 | -€2,354 | -28.5% |
| Trade receivables | 40 | €6,674 | €2,767 | -€3,908 | -58.5% |
| Other amounts receivable | 41 | €1,578 | €3,131 | +€1,553 | +98.4% |
| Cash at bank and in hand | 54/58 | €861 | €3,315 | +€2,454 | +285% |
| Total equity and liabilities | 10/49 | €55,670 | €87,824 | +€32,154 | +57.8% |
| Equity | 10/15 | €3,031 | -€1,383 | -€4,413 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,970 | -€6,383 | -€4,413 | -224% |
| Amounts payable | 17/49 | €52,639 | €89,207 | +€36,567 | +69.5% |
| Amounts payable within one year | 42/48 | €52,639 | €89,207 | +€36,567 | +69.5% |
| Taxes, remuneration and social security | 45 | €93 | €697 | +€604 | +652% |
| Taxes | 450/3 | €93 | €697 | +€604 | +652% |
| Other amounts payable | 47/48 | €52,547 | €88,510 | +€35,963 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €959 | €3,919 | +€2,961 | +309% |
| Other operating charges | 640/8 | €307 | - | -€307 | |
| Gross operating margin | 9900 | -€386 | -€1,121 | -€735 | -190% |
| Operating profit (loss) | 9901 | -€1,652 | -€5,041 | -€3,389 | -205% |
| Financial income | 75/76B | - | €914 | +€914 | |
| Recurring financial income | 75 | - | €914 | +€914 | |
| Financial charges | 65/66B | €318 | €286 | -€31 | -9.8% |
| Recurring financial charges | 65 | €318 | €286 | -€31 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,970 | -€4,413 | -€2,444 | -124% |
| Profit (loss) for the period | 9904 | -€1,970 | -€4,413 | -€2,444 | -124% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,970 | -€4,413 | -€2,444 | -124% |
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 16 October 2026 via checked.be.