OSA CONSTRUCT: 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.
OSA CONSTRUCT
Largest movements
- Receivables within one year -€180,530
down €180,530 (-84.0%), from €214,996 to €34,465
of which Other amounts receivable: -€159,564
- Cash -€40,261
down €40,261 (-79.8%), from €50,461 to €10,200
mainly Other debts (-€204,000) and Net result for the year (-€35,507)
- Other debts -€204,000
no longer reported in 2023 (was €204,000)
- Profit (loss) carried forward -€35,507
down €35,507, from €3,952 to -€31,554
- Tax, wage and social debts +€24,830
up €24,830 (+57.6%), from €43,113 to €67,943
of which Taxes: +€17,520
- Trade debts +€10,127
up €10,127 (+255.3%), from €3,967 to €14,093
- Debts after one year -€8,874
down €8,874 (-44.6%), from €19,906 to €11,032
- Turnover -€97,021
down €97,021 (-13.7%), from €707,135 to €610,114
- Purchases and services -€67,463
down €67,463 (-13.0%), from €518,948 to €451,485
- Other operating charges +€33,772
up €33,772 (+837.6%), from €4,032 to €37,804
- Gross operating margin -€27,967
down €27,967 (-14.6%), from €190,943 to €162,975
- Staff costs +€23,635
up €23,635 (+26.4%), from €89,457 to €113,092
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,399 | €88,989 | -€219,411 | -71.1% |
| Fixed assets | 21/28 | €42,942 | €43,249 | +€306 | +0.7% |
| Tangible fixed assets | 22/27 | €42,842 | €43,149 | +€306 | +0.7% |
| Furniture and vehicles | 24 | €42,842 | €43,149 | +€306 | +0.7% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €265,457 | €45,740 | -€219,717 | -82.8% |
| Amounts receivable within one year | 40/41 | €214,996 | €34,465 | -€180,530 | -84.0% |
| Trade receivables | 40 | €39,705 | €18,739 | -€20,966 | -52.8% |
| Other amounts receivable | 41 | €175,291 | €15,727 | -€159,564 | -91.0% |
| Cash at bank and in hand | 54/58 | €50,461 | €10,200 | -€40,261 | -79.8% |
| Deferred charges and accrued income | 490/1 | - | €1,075 | +€1,075 | |
| Total equity and liabilities | 10/49 | €308,399 | €88,989 | -€219,411 | -71.1% |
| Equity | 10/15 | €22,553 | -€12,953 | -€35,507 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €18,600 | €18,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,600 | €18,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,952 | -€31,554 | -€35,507 | |
| Amounts payable | 17/49 | €285,846 | €101,942 | -€183,904 | -64.3% |
| Amounts payable after more than one year | 17 | €19,906 | €11,032 | -€8,874 | -44.6% |
| Financial debts | 170/4 | €19,906 | €11,032 | -€8,874 | -44.6% |
| Amounts payable within one year | 42/48 | €265,940 | €90,910 | -€175,030 | -65.8% |
| Current portion of amounts payable after more than one year | 42 | €12,854 | €8,874 | -€3,980 | -31.0% |
| Financial debts | 43 | €2,006 | - | -€2,006 | |
| Other loans | 439 | €2,006 | - | -€2,006 | |
| Trade debts | 44 | €3,967 | €14,093 | +€10,127 | +255.3% |
| Suppliers | 440/4 | €3,967 | €14,093 | +€10,127 | +255.3% |
| Taxes, remuneration and social security | 45 | €43,113 | €67,943 | +€24,830 | +57.6% |
| Taxes | 450/3 | €33,761 | €51,281 | +€17,520 | +51.9% |
| Remuneration and social security | 454/9 | €9,352 | €16,662 | +€7,310 | +78.2% |
| Other amounts payable | 47/48 | €204,000 | - | -€204,000 | |
| Turnover | 70 | €707,135 | €610,114 | -€97,021 | -13.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €518,948 | €451,485 | -€67,463 | -13.0% |
| Remuneration, social security and pensions | 62 | €89,457 | €113,092 | +€23,635 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,386 | €18,495 | +€108 | +0.6% |
| Other operating charges | 640/8 | €4,032 | €37,804 | +€33,772 | +837.6% |
| Gross operating margin | 9900 | €190,943 | €162,975 | -€27,967 | -14.6% |
| Operating profit (loss) | 9901 | €79,067 | -€6,416 | -€85,482 | |
| Financial income | 75/76B | €10,595 | €436 | -€10,159 | -95.9% |
| Recurring financial income | 75 | €10,595 | €436 | -€10,159 | -95.9% |
| Financial charges | 65/66B | €2,052 | €2,146 | +€95 | +4.6% |
| Recurring financial charges | 65 | €2,002 | €2,146 | +€145 | +7.2% |
| Non-recurring financial charges | 66B | €50 | - | -€50 | |
| Profit (loss) for the period before taxes | 9903 | €87,610 | -€8,126 | -€95,737 | |
| Income taxes | 67/77 | €21,903 | €27,380 | +€5,478 | +25.0% |
| Profit (loss) for the period | 9904 | €65,708 | -€35,507 | -€101,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,708 | -€35,507 | -€101,214 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.