OSEYO: 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.
OSEYO
Largest movements
- Receivables within one year -€84,599
down €84,599 (-24.8%), from €341,074 to €256,475
of which Trade receivables: -€84,675
- Cash +€53,094
up €53,094 (+55.7%), from €95,279 to €148,373
mainly Receivables within one year (+€84,599) and Depreciation (+€31,295)
- Tangible fixed assets -€16,834
down €16,834 (-25.2%), from €66,800 to €49,965
of which Furniture and vehicles: -€12,192
- Trade debts -€82,422
down €82,422 (-50.3%), from €164,020 to €81,598
- Profit (loss) carried forward +€23,931
up €23,931 (+7.2%), from €330,986 to €354,917
- Tax, wage and social debts +€10,360
up €10,360 (+57.4%), from €18,052 to €28,412
of which Taxes: +€19,806
- Gross operating margin -€54,213
down €54,213 (-19.2%), from €281,902 to €227,690
- Taxes +€21,857
up €21,857 (+101.6%), from €21,504 to €43,361
- Staff costs -€20,016
down €20,016 (-14.5%), from €138,196 to €118,181
- Depreciation +€17,253
up €17,253 (+122.9%), from €14,043 to €31,295
- Financial charges -€7,898
down €7,898 (-52.0%), from €15,174 to €7,276
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 | €531,208 | €479,237 | -€51,972 | -9.8% |
| Fixed assets | 21/28 | €90,961 | €74,126 | -€16,834 | -18.5% |
| Tangible fixed assets | 22/27 | €66,800 | €49,965 | -€16,834 | -25.2% |
| Plant, machinery and equipment | 23 | €6,359 | €11,707 | +€5,348 | +84.1% |
| Furniture and vehicles | 24 | €38,450 | €26,258 | -€12,192 | -31.7% |
| Leasing and similar rights | 25 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Other tangible fixed assets | 26 | €5,990 | - | -€5,990 | |
| Financial fixed assets | 28 | €24,161 | €24,161 | = | 0.0% |
| Current assets | 29/58 | €440,248 | €405,110 | -€35,137 | -8.0% |
| Stocks and contracts in progress | 3 | €857 | €262 | -€595 | -69.4% |
| Stocks | 30/36 | €857 | €262 | -€595 | -69.4% |
| Amounts receivable within one year | 40/41 | €341,074 | €256,475 | -€84,599 | -24.8% |
| Trade receivables | 40 | €332,002 | €247,327 | -€84,675 | -25.5% |
| Other amounts receivable | 41 | €9,072 | €9,148 | +€76 | +0.8% |
| Cash at bank and in hand | 54/58 | €95,279 | €148,373 | +€53,094 | +55.7% |
| Deferred charges and accrued income | 490/1 | €3,037 | - | -€3,037 | |
| Total equity and liabilities | 10/49 | €531,208 | €479,237 | -€51,972 | -9.8% |
| Equity | 10/15 | €345,296 | €369,227 | +€23,931 | +6.9% |
| Contributions | 10/11 | €14,310 | €12,450 | -€1,860 | -13.0% |
| Reserves | 13 | - | €1,860 | +€1,860 | |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €330,986 | €354,917 | +€23,931 | +7.2% |
| Amounts payable | 17/49 | €185,912 | €110,010 | -€75,902 | -40.8% |
| Amounts payable within one year | 42/48 | €185,912 | €110,010 | -€75,902 | -40.8% |
| Trade debts | 44 | €164,020 | €81,598 | -€82,422 | -50.3% |
| Suppliers | 440/4 | €164,020 | €81,598 | -€82,422 | -50.3% |
| Taxes, remuneration and social security | 45 | €18,052 | €28,412 | +€10,360 | +57.4% |
| Taxes | 450/3 | €4,289 | €24,095 | +€19,806 | +461.8% |
| Remuneration and social security | 454/9 | €13,762 | €4,317 | -€9,446 | -68.6% |
| Other amounts payable | 47/48 | €3,841 | - | -€3,841 | |
| Remuneration, social security and pensions | 62 | €138,196 | €118,181 | -€20,016 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,043 | €31,295 | +€17,253 | +122.9% |
| Other operating charges | 640/8 | €7,883 | €3,657 | -€4,226 | -53.6% |
| Gross operating margin | 9900 | €281,902 | €227,690 | -€54,213 | -19.2% |
| Operating profit (loss) | 9901 | €121,781 | €74,557 | -€47,224 | -38.8% |
| Financial income | 75/76B | €13 | €11 | -€2 | -15.4% |
| Recurring financial income | 75 | €13 | €11 | -€2 | -15.4% |
| Financial charges | 65/66B | €15,174 | €7,276 | -€7,898 | -52.0% |
| Recurring financial charges | 65 | €15,174 | €7,276 | -€7,898 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €106,619 | €67,292 | -€39,328 | -36.9% |
| Income taxes | 67/77 | €21,504 | €43,361 | +€21,857 | +101.6% |
| Profit (loss) for the period | 9904 | €85,115 | €23,931 | -€61,185 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,115 | €23,931 | -€61,185 | -71.9% |
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 7 October 2026 via checked.be.