OSE.D: 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.
OSE.D
Largest movements
- Receivables within one year -€1,792
down €1,792 (-62.8%), from €2,852 to €1,059
- Tangible fixed assets -€201
down €201 (-1.9%), from €10,708 to €10,507
- Other debts -€11,132
down €11,132 (-56.4%), from €19,750 to €8,619
- Trade debts +€8,150
up €8,150 (+76.6%), from €10,635 to €18,785
- Profit (loss) carried forward +€3,423
up €3,423 (+7.9%), from -€43,098 to -€39,675
- Short-term financial debts -€2,434
down €2,434 (-41.9%), from €5,811 to €3,378
- Gross operating margin -€22,257
down €22,257 (-51.2%), from €43,453 to €21,196
- Taxes +€4,847
up €4,847 (+130.3%), from €3,720 to €8,567
- Other operating charges -€1,548
down €1,548 (-56.9%), from €2,723 to €1,174
- Depreciation +€1,361
up €1,361 (+23.3%), from €5,840 to €7,201
- Financial charges -€1,338
down €1,338 (-61.7%), from €2,170 to €832
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,559 | €11,567 | -€1,993 | -14.7% |
| Fixed assets | 21/28 | €10,708 | €10,507 | -€201 | -1.9% |
| Tangible fixed assets | 22/27 | €10,708 | €10,507 | -€201 | -1.9% |
| Furniture and vehicles | 24 | €10,708 | €10,507 | -€201 | -1.9% |
| Current assets | 29/58 | €2,852 | €1,059 | -€1,792 | -62.8% |
| Amounts receivable within one year | 40/41 | €2,852 | €1,059 | -€1,792 | -62.8% |
| Other amounts receivable | 41 | €2,852 | €1,059 | -€1,792 | -62.8% |
| Total equity and liabilities | 10/49 | €13,559 | €11,567 | -€1,993 | -14.7% |
| Equity | 10/15 | -€22,638 | -€19,215 | +€3,423 | +15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,098 | -€39,675 | +€3,423 | +7.9% |
| Amounts payable | 17/49 | €36,197 | €30,782 | -€5,415 | -15.0% |
| Amounts payable within one year | 42/48 | €36,197 | €30,782 | -€5,415 | -15.0% |
| Financial debts | 43 | €5,811 | €3,378 | -€2,434 | -41.9% |
| Credit institutions | 430/8 | €5,811 | €3,378 | -€2,434 | -41.9% |
| Trade debts | 44 | €10,635 | €18,785 | +€8,150 | +76.6% |
| Suppliers | 440/4 | €10,635 | €18,785 | +€8,150 | +76.6% |
| Other amounts payable | 47/48 | €19,750 | €8,619 | -€11,132 | -56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,840 | €7,201 | +€1,361 | +23.3% |
| Other operating charges | 640/8 | €2,723 | €1,174 | -€1,548 | -56.9% |
| Gross operating margin | 9900 | €43,453 | €21,196 | -€22,257 | -51.2% |
| Operating profit (loss) | 9901 | €34,891 | €12,821 | -€22,069 | -63.3% |
| Financial charges | 65/66B | €2,170 | €832 | -€1,338 | -61.7% |
| Recurring financial charges | 65 | €2,170 | €832 | -€1,338 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €32,721 | €11,990 | -€20,731 | -63.4% |
| Income taxes | 67/77 | €3,720 | €8,567 | +€4,847 | +130.3% |
| Profit (loss) for the period | 9904 | €29,001 | €3,423 | -€25,578 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,001 | €3,423 | -€25,578 | -88.2% |
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.