Oser Management: 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.
Oser Management
Largest movements
- Cash +€1,366
up €1,366 (+1.2%), from €114,762 to €116,129
mainly Net result for the year (+€30,851) and Depreciation (+€1,265)
- Receivables within one year +€1,250
up €1,250 (+108%), from €1,154 to €2,404
of which Other amounts receivable: +€1,250
- Reserves +€12,960
new in 2025: €12,960
- Other debts -€10,902
down €10,902 (-64.9%), from €16,792 to €5,890
- Gross operating margin +€9,995
up €9,995 (+27.7%), from €36,122 to €46,117
- Taxes +€3,380
up €3,380 (+39.6%), from €8,535 to €11,916
- Other operating charges +€637
up €637 (+41.1%), from €1,548 to €2,185
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 | €120,074 | €123,311 | +€3,237 | +2.7% |
| Formation expenses | 20 | €211 | €0 | -€211 | -100% |
| Fixed assets | 21/28 | €1,207 | €1,508 | +€301 | +24.9% |
| Tangible fixed assets | 22/27 | €1,207 | €1,508 | +€301 | +24.9% |
| Furniture and vehicles | 24 | €1,207 | €1,508 | +€301 | +24.9% |
| Current assets | 29/58 | €118,656 | €121,803 | +€3,147 | +2.7% |
| Stocks and contracts in progress | 3 | €1,064 | €1,508 | +€443 | +41.7% |
| Stocks | 30/36 | €1,064 | €1,508 | +€443 | +41.7% |
| Amounts receivable within one year | 40/41 | €1,154 | €2,404 | +€1,250 | +108% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €1,154 | €2,404 | +€1,250 | +108% |
| Cash at bank and in hand | 54/58 | €114,762 | €116,129 | +€1,366 | +1.2% |
| Deferred charges and accrued income | 490/1 | €1,675 | €1,763 | +€88 | +5.2% |
| Total equity and liabilities | 10/49 | €120,074 | €123,311 | +€3,237 | +2.7% |
| Equity | 10/15 | €85,555 | €98,517 | +€12,961 | +15.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €12,960 | +€12,960 | |
| Distributable reserves | 133 | - | €12,960 | +€12,960 | |
| Profit (loss) carried forward | 14 | €82,555 | €82,557 | +€1 | 0.0% |
| Amounts payable | 17/49 | €34,519 | €24,794 | -€9,725 | -28.2% |
| Amounts payable within one year | 42/48 | €34,519 | €24,794 | -€9,725 | -28.2% |
| Trade debts | 44 | €210 | €1,042 | +€831 | +395% |
| Suppliers | 440/4 | €210 | €1,042 | +€831 | +395% |
| Taxes, remuneration and social security | 45 | €17,516 | €17,862 | +€346 | +2.0% |
| Taxes | 450/3 | €17,516 | €17,862 | +€346 | +2.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €16,792 | €5,890 | -€10,902 | -64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €852 | €1,265 | +€413 | +48.5% |
| Other operating charges | 640/8 | €1,548 | €2,185 | +€637 | +41.1% |
| Gross operating margin | 9900 | €36,122 | €46,117 | +€9,995 | +27.7% |
| Operating profit (loss) | 9901 | €33,722 | €42,667 | +€8,945 | +26.5% |
| Financial income | 75/76B | €632 | €605 | -€26 | -4.2% |
| Recurring financial income | 75 | €632 | €605 | -€26 | -4.2% |
| Financial charges | 65/66B | €500 | €505 | +€5 | +1.1% |
| Recurring financial charges | 65 | €500 | €505 | +€5 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €33,854 | €42,767 | +€8,913 | +26.3% |
| Income taxes | 67/77 | €8,535 | €11,916 | +€3,380 | +39.6% |
| Profit (loss) for the period | 9904 | €25,318 | €30,851 | +€5,533 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,318 | €30,851 | +€5,533 | +21.9% |
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 30 October 2026 via checked.be.