OSER POUR ETRE: 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.
OSER POUR ETRE
Largest movements
- Stocks and contracts +€53,730
up €53,730 (+25.6%), from €210,266 to €263,996
- Cash -€23,441
down €23,441 (-19.7%), from €118,797 to €95,356
mainly Stocks and contracts (-€53,730) and Current portion of long-term debt (-€34,496)
- Receivables within one year +€4,459
up €4,459 (+24.5%), from €18,217 to €22,675
of which Trade receivables: +€13,416
- Profit (loss) carried forward +€79,697
up €79,697 (+88.2%), from -€90,403 to -€10,705
- Current portion of long-term debt -€34,496
down €34,496 (-63.5%), from €54,322 to €19,827
- Debts after one year +€15,376
up €15,376 (+115.3%), from €13,333 to €28,710
- Trade debts -€14,886
down €14,886 (-55.9%), from €26,623 to €11,738
- Other debts -€11,400
down €11,400 (-5.6%), from €202,066 to €190,666
- Gross operating margin +€109,408
up €109,408, from -€15,722 to €93,686
- Depreciation +€2,272
up €2,272 (+27.3%), from €8,333 to €10,605
- Financial income -€968
down €968 (-95.6%), from €1,013 to €45
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 | €391,455 | €425,458 | +€34,003 | +8.7% |
| Fixed assets | 21/28 | €33,899 | €31,554 | -€2,345 | -6.9% |
| Tangible fixed assets | 22/27 | €33,439 | €31,074 | -€2,365 | -7.1% |
| Plant, machinery and equipment | 23 | €20,257 | €14,670 | -€5,587 | -27.6% |
| Furniture and vehicles | 24 | €8,805 | €6,041 | -€2,764 | -31.4% |
| Other tangible fixed assets | 26 | €4,377 | €10,364 | +€5,986 | +136.7% |
| Financial fixed assets | 28 | €460 | €480 | +€20 | +4.3% |
| Current assets | 29/58 | €357,556 | €393,904 | +€36,347 | +10.2% |
| Stocks and contracts in progress | 3 | €210,266 | €263,996 | +€53,730 | +25.6% |
| Stocks | 30/36 | €210,266 | €263,996 | +€53,730 | +25.6% |
| Amounts receivable within one year | 40/41 | €18,217 | €22,675 | +€4,459 | +24.5% |
| Trade receivables | 40 | €5,700 | €19,117 | +€13,416 | +235.4% |
| Other amounts receivable | 41 | €12,516 | €3,559 | -€8,958 | -71.6% |
| Cash at bank and in hand | 54/58 | €118,797 | €95,356 | -€23,441 | -19.7% |
| Deferred charges and accrued income | 490/1 | €10,277 | €11,877 | +€1,600 | +15.6% |
| Total equity and liabilities | 10/49 | €391,455 | €425,458 | +€34,003 | +8.7% |
| Equity | 10/15 | €94,307 | €174,005 | +€79,697 | +84.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €164,250 | €164,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,250 | €15,250 | = | 0.0% |
| Distributable reserves | 133 | €149,000 | €149,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,403 | -€10,705 | +€79,697 | +88.2% |
| Amounts payable | 17/49 | €297,148 | €251,453 | -€45,695 | -15.4% |
| Amounts payable after more than one year | 17 | €13,333 | €28,710 | +€15,376 | +115.3% |
| Financial debts | 170/4 | €13,333 | €28,710 | +€15,376 | +115.3% |
| Amounts payable within one year | 42/48 | €283,815 | €222,744 | -€61,071 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €54,322 | €19,827 | -€34,496 | -63.5% |
| Trade debts | 44 | €26,623 | €11,738 | -€14,886 | -55.9% |
| Suppliers | 440/4 | €26,623 | €11,738 | -€14,886 | -55.9% |
| Taxes, remuneration and social security | 45 | €803 | €513 | -€290 | -36.1% |
| Taxes | 450/3 | €803 | €513 | -€290 | -36.1% |
| Other amounts payable | 47/48 | €202,066 | €190,666 | -€11,400 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,333 | €10,605 | +€2,272 | +27.3% |
| Other operating charges | 640/8 | €144 | €832 | +€688 | +478.4% |
| Non-recurring operating charges | 66A | - | €973 | +€973 | |
| Gross operating margin | 9900 | -€15,722 | €93,686 | +€109,408 | |
| Operating profit (loss) | 9901 | -€24,199 | €81,276 | +€105,475 | |
| Financial income | 75/76B | €1,013 | €45 | -€968 | -95.6% |
| Recurring financial income | 75 | €1,013 | €45 | -€968 | -95.6% |
| Financial charges | 65/66B | €1,698 | €1,624 | -€74 | -4.4% |
| Recurring financial charges | 65 | €1,698 | €1,624 | -€74 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,883 | €79,697 | +€104,580 | |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | -€25,023 | €79,697 | +€104,720 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,023 | €79,697 | +€104,720 |
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.