OSE Management: 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 Management
Largest movements
- Deferred charges and accrued income +€24,716
up €24,716 (+3912.1%), from €632 to €25,348
- Cash -€11,919
down €11,919 (-42.0%), from €28,363 to €16,444
mainly Deferred charges and accrued income (-€24,716) and Net result for the year (-€5,239)
- Tangible fixed assets +€4,386
up €4,386 (+196.9%), from €2,227 to €6,614
of which Plant, machinery and equipment: +€3,348
- Receivables within one year +€2,055
up €2,055 (+41.4%), from €4,959 to €7,014
of which Other amounts receivable: +€1,844
- Other debts +€26,576
up €26,576 (+129.0%), from €20,594 to €47,171
- Profit (loss) carried forward -€5,239
down €5,239 (-479.9%), from -€1,092 to -€6,331
- Tax, wage and social debts -€2,000
down €2,000 (-100.0%), from €2,000 to €0
- Gross operating margin -€4,598
down €4,598, from €3,241 to -€1,358
- Taxes -€792
down €792 (-55.0%), from €1,441 to €649
- Depreciation +€477
up €477 (+138.1%), from €346 to €823
- Financial charges -€289
down €289 (-19.3%), from €1,500 to €1,211
- Other operating charges +€148
up €148 (+14.1%), from €1,051 to €1,199
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 | €41,181 | €60,420 | +€19,239 | +46.7% |
| Fixed assets | 21/28 | €7,227 | €11,614 | +€4,386 | +60.7% |
| Tangible fixed assets | 22/27 | €2,227 | €6,614 | +€4,386 | +196.9% |
| Plant, machinery and equipment | 23 | - | €3,348 | +€3,348 | |
| Furniture and vehicles | 24 | €2,227 | €3,265 | +€1,038 | +46.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €33,954 | €48,806 | +€14,853 | +43.7% |
| Amounts receivable within one year | 40/41 | €4,959 | €7,014 | +€2,055 | +41.4% |
| Trade receivables | 40 | - | €211 | +€211 | |
| Other amounts receivable | 41 | €4,959 | €6,803 | +€1,844 | +37.2% |
| Cash at bank and in hand | 54/58 | €28,363 | €16,444 | -€11,919 | -42.0% |
| Deferred charges and accrued income | 490/1 | €632 | €25,348 | +€24,716 | +3912.1% |
| Total equity and liabilities | 10/49 | €41,181 | €60,420 | +€19,239 | +46.7% |
| Equity | 10/15 | €17,508 | €12,269 | -€5,239 | -29.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,092 | -€6,331 | -€5,239 | -479.9% |
| Amounts payable | 17/49 | €23,673 | €48,151 | +€24,478 | +103.4% |
| Amounts payable within one year | 42/48 | €23,673 | €48,151 | +€24,478 | +103.4% |
| Trade debts | 44 | €1,078 | €980 | -€98 | -9.1% |
| Suppliers | 440/4 | €1,078 | €980 | -€98 | -9.1% |
| Taxes, remuneration and social security | 45 | €2,000 | €0 | -€2,000 | -100.0% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €20,594 | €47,171 | +€26,576 | +129.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €346 | €823 | +€477 | +138.1% |
| Other operating charges | 640/8 | €1,051 | €1,199 | +€148 | +14.1% |
| Gross operating margin | 9900 | €3,241 | -€1,358 | -€4,598 | |
| Operating profit (loss) | 9901 | €1,844 | -€3,379 | -€5,224 | |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €1,500 | €1,211 | -€289 | -19.3% |
| Recurring financial charges | 65 | €1,500 | €1,211 | -€289 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €349 | -€4,590 | -€4,939 | |
| Income taxes | 67/77 | €1,441 | €649 | -€792 | -55.0% |
| Profit (loss) for the period | 9904 | -€1,092 | -€5,239 | -€4,147 | -379.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,092 | -€5,239 | -€4,147 | -379.9% |
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 5 October 2026 via checked.be.