OSGRO: 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.
OSGRO
Largest movements
- Tangible fixed assets -€21,747
down €21,747 (-8.2%), from €263,934 to €242,188
of which Assets under construction and advance payments: -€21,828
- Reserves -€20,000
down €20,000 (-19.8%), from €100,854 to €80,854
- Gross operating margin -€7,676
down €7,676 (-46.1%), from €16,646 to €8,970
- Depreciation +€1,220
up €1,220 (+5.1%), from €23,847 to €25,067
- Financial charges -€1,035
down €1,035 (-54.9%), from €1,886 to €851
- Other operating charges -€190
down €190 (-6.4%), from €2,974 to €2,784
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 | €271,078 | €249,217 | -€21,861 | -8.1% |
| Fixed assets | 21/28 | €263,934 | €242,188 | -€21,747 | -8.2% |
| Tangible fixed assets | 22/27 | €263,934 | €242,188 | -€21,747 | -8.2% |
| Land and buildings | 22 | €239,156 | €237,923 | -€1,232 | -0.5% |
| Plant, machinery and equipment | 23 | €2,672 | €4,265 | +€1,592 | +59.6% |
| Furniture and vehicles | 24 | €278 | €0 | -€278 | -100% |
| Assets under construction and advance payments | 27 | €21,828 | €0 | -€21,828 | -100% |
| Current assets | 29/58 | €7,144 | €7,029 | -€115 | -1.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €463 | €655 | +€191 | +41.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €463 | €655 | +€191 | +41.2% |
| Cash at bank and in hand | 54/58 | €1,908 | €1,456 | -€451 | -23.7% |
| Deferred charges and accrued income | 490/1 | €4,773 | €4,919 | +€146 | +3.1% |
| Total equity and liabilities | 10/49 | €271,078 | €249,217 | -€21,861 | -8.1% |
| Equity | 10/15 | €175,644 | €155,643 | -€20,000 | -11.4% |
| Contributions | 10/11 | €74,789 | €74,789 | = | 0.0% |
| Reserves | 13 | €100,854 | €80,854 | -€20,000 | -19.8% |
| Distributable reserves | 133 | €100,854 | €80,854 | -€20,000 | -19.8% |
| Amounts payable | 17/49 | €95,435 | €93,574 | -€1,861 | -1.9% |
| Amounts payable within one year | 42/48 | €95,435 | €93,574 | -€1,861 | -1.9% |
| Trade debts | 44 | €1,128 | €1,080 | -€48 | -4.3% |
| Suppliers | 440/4 | €1,128 | €1,080 | -€48 | -4.3% |
| Taxes, remuneration and social security | 45 | €349 | €635 | +€286 | +82.0% |
| Taxes | 450/3 | €349 | €635 | +€286 | +82.0% |
| Other amounts payable | 47/48 | €93,958 | €91,859 | -€2,099 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,847 | €25,067 | +€1,220 | +5.1% |
| Other operating charges | 640/8 | €2,974 | €2,784 | -€190 | -6.4% |
| Gross operating margin | 9900 | €16,646 | €8,970 | -€7,676 | -46.1% |
| Operating profit (loss) | 9901 | -€10,174 | -€18,881 | -€8,707 | -85.6% |
| Financial charges | 65/66B | €1,886 | €851 | -€1,035 | -54.9% |
| Recurring financial charges | 65 | €1,886 | €851 | -€1,035 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,061 | -€19,733 | -€7,672 | -63.6% |
| Income taxes | 67/77 | €293 | €268 | -€25 | -8.6% |
| Profit (loss) for the period | 9904 | -€12,354 | -€20,000 | -€7,647 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,354 | -€20,000 | -€7,647 | -61.9% |
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 21 October 2026 via checked.be.