OSCADI: 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.
OSCADI
Largest movements
- Tangible fixed assets -€249,436
down €249,436 (-86.6%), from €288,164 to €38,728
of which Other tangible fixed assets: -€125,778
- Cash +€180,813
up €180,813 (+235.2%), from €76,860 to €257,673
mainly Investment in fixed assets (net) (+€210,341) and Depreciation (+€107,087)
- Intangible fixed assets -€67,993
down €67,993 (-17.5%), from €388,827 to €320,833
- Receivables within one year +€35,641
up €35,641 (+138.3%), from €25,771 to €61,413
of which Other amounts receivable: +€34,204
- Deferred charges and accrued income -€27,739
down €27,739 (-100.0%), from €27,739 to €0
- Debts after one year -€152,507
down €152,507 (-45.8%), from €333,224 to €180,717
- Trade debts +€87,495
up €87,495 (+66.6%), from €131,463 to €218,959
- Current portion of long-term debt -€32,418
down €32,418 (-30.1%), from €107,558 to €75,140
- Tax, wage and social debts -€24,757
down €24,757 (-41.1%), from €60,223 to €35,467
of which Remuneration and social security: -€18,536
- Other debts -€14,777
down €14,777 (-100.0%), from €14,777 to €0
- Staff costs -€50,315
down €50,315 (-8.9%), from €566,099 to €515,784
- Gross operating margin -€43,823
down €43,823 (-6.3%), from €698,898 to €655,075
- Provisions +€30,000
up €30,000, from -€30,000 to €0
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 | €824,811 | €688,187 | -€136,624 | -16.6% |
| Fixed assets | 21/28 | €676,990 | €359,561 | -€317,429 | -46.9% |
| Intangible fixed assets | 21 | €388,827 | €320,833 | -€67,993 | -17.5% |
| Tangible fixed assets | 22/27 | €288,164 | €38,728 | -€249,436 | -86.6% |
| Plant, machinery and equipment | 23 | €93,123 | €10,433 | -€82,690 | -88.8% |
| Furniture and vehicles | 24 | €58,970 | €18,002 | -€40,968 | -69.5% |
| Other tangible fixed assets | 26 | €136,071 | €10,293 | -€125,778 | -92.4% |
| Current assets | 29/58 | €147,821 | €328,626 | +€180,805 | +122.3% |
| Stocks and contracts in progress | 3 | €17,450 | €9,540 | -€7,910 | -45.3% |
| Stocks | 30/36 | €17,450 | €9,540 | -€7,910 | -45.3% |
| Amounts receivable within one year | 40/41 | €25,771 | €61,413 | +€35,641 | +138.3% |
| Trade receivables | 40 | €1,592 | €3,029 | +€1,437 | +90.3% |
| Other amounts receivable | 41 | €24,179 | €58,383 | +€34,204 | +141.5% |
| Cash at bank and in hand | 54/58 | €76,860 | €257,673 | +€180,813 | +235.2% |
| Deferred charges and accrued income | 490/1 | €27,739 | €0 | -€27,739 | -100.0% |
| Total equity and liabilities | 10/49 | €824,811 | €688,187 | -€136,624 | -16.6% |
| Equity | 10/15 | €177,565 | €177,905 | +€340 | +0.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €121,500 | €121,500 | = | 0.0% |
| Distributable reserves | 133 | €121,500 | €121,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,065 | €26,405 | +€340 | +1.3% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €647,246 | €510,283 | -€136,964 | -21.2% |
| Amounts payable after more than one year | 17 | €333,224 | €180,717 | -€152,507 | -45.8% |
| Financial debts | 170/4 | €333,224 | €180,717 | -€152,507 | -45.8% |
| Amounts payable within one year | 42/48 | €314,022 | €329,565 | +€15,543 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €107,558 | €75,140 | -€32,418 | -30.1% |
| Trade debts | 44 | €131,463 | €218,959 | +€87,495 | +66.6% |
| Suppliers | 440/4 | €131,463 | €218,959 | +€87,495 | +66.6% |
| Taxes, remuneration and social security | 45 | €60,223 | €35,467 | -€24,757 | -41.1% |
| Taxes | 450/3 | €10,647 | €4,427 | -€6,220 | -58.4% |
| Remuneration and social security | 454/9 | €49,576 | €31,040 | -€18,536 | -37.4% |
| Other amounts payable | 47/48 | €14,777 | €0 | -€14,777 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €566,099 | €515,784 | -€50,315 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,373 | €107,087 | -€5,285 | -4.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€30,000 | €0 | +€30,000 | |
| Other operating charges | 640/8 | €3,196 | €6,311 | +€3,115 | +97.4% |
| Non-recurring operating charges | 66A | €31,894 | €4,700 | -€27,194 | -85.3% |
| Gross operating margin | 9900 | €698,898 | €655,075 | -€43,823 | -6.3% |
| Operating profit (loss) | 9901 | €15,336 | €21,192 | +€5,857 | +38.2% |
| Financial income | 75/76B | €272 | €26 | -€246 | -90.5% |
| Recurring financial income | 75 | €272 | €26 | -€246 | -90.5% |
| Financial charges | 65/66B | €22,183 | €17,638 | -€4,545 | -20.5% |
| Recurring financial charges | 65 | €22,183 | €17,638 | -€4,545 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,575 | €3,580 | +€10,156 | |
| Income taxes | 67/77 | €1,517 | €3,241 | +€1,724 | +113.7% |
| Profit (loss) for the period | 9904 | -€8,092 | €340 | +€8,432 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,092 | €340 | +€8,432 |
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 4 October 2026 via checked.be.