OSH: 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.
OSH
Largest movements
- Tangible fixed assets -€12,025
down €12,025 (-9.0%), from €132,968 to €120,943
of which Furniture and vehicles: -€7,604
- Receivables within one year -€10,031
down €10,031 (-82.3%), from €12,195 to €2,164
- Debts after one year -€30,999
down €30,999 (-26.6%), from €116,614 to €85,616
- Profit (loss) carried forward +€21,942
up €21,942 (+9.1%), from €242,450 to €264,392
- Current portion of long-term debt -€11,005
down €11,005 (-25.8%), from €42,731 to €31,725
- Financial income -€10,452
down €10,452 (-23.0%), from €45,452 to €35,000
- Gross operating margin +€4,786
up €4,786 (+181%), from €2,641 to €7,427
- Depreciation -€2,788
down €2,788 (-18.8%), from €14,813 to €12,025
- Other operating charges +€661
up €661 (+27.7%), from €2,383 to €3,043
- Financial charges +€123
up €123 (+2.4%), from €5,128 to €5,251
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 | €457,316 | €440,619 | -€16,697 | -3.7% |
| Fixed assets | 21/28 | €442,306 | €430,281 | -€12,025 | -2.7% |
| Tangible fixed assets | 22/27 | €132,968 | €120,943 | -€12,025 | -9.0% |
| Land and buildings | 22 | €108,658 | €104,236 | -€4,422 | -4.1% |
| Furniture and vehicles | 24 | €24,310 | €16,707 | -€7,604 | -31.3% |
| Financial fixed assets | 28 | €309,338 | €309,338 | = | 0.0% |
| Current assets | 29/58 | €15,010 | €10,338 | -€4,672 | -31.1% |
| Amounts receivable within one year | 40/41 | €12,195 | €2,164 | -€10,031 | -82.3% |
| Trade receivables | 40 | €12,195 | €2,164 | -€10,031 | -82.3% |
| Cash at bank and in hand | 54/58 | €1,227 | €2,801 | +€1,574 | +128% |
| Deferred charges and accrued income | 490/1 | €1,589 | €5,374 | +€3,785 | +238% |
| Total equity and liabilities | 10/49 | €457,316 | €440,619 | -€16,697 | -3.7% |
| Equity | 10/15 | €269,950 | €291,892 | +€21,942 | +8.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,450 | €264,392 | +€21,942 | +9.1% |
| Amounts payable | 17/49 | €187,366 | €148,727 | -€38,639 | -20.6% |
| Amounts payable after more than one year | 17 | €116,614 | €85,616 | -€30,999 | -26.6% |
| Financial debts | 170/4 | €116,614 | €85,616 | -€30,999 | -26.6% |
| Amounts payable within one year | 42/48 | €70,414 | €62,827 | -€7,587 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €42,731 | €31,725 | -€11,005 | -25.8% |
| Trade debts | 44 | €4,791 | €8,360 | +€3,569 | +74.5% |
| Suppliers | 440/4 | €4,791 | €8,360 | +€3,569 | +74.5% |
| Taxes, remuneration and social security | 45 | €5,167 | €3,256 | -€1,911 | -37.0% |
| Taxes | 450/3 | €2,914 | €3,256 | +€342 | +11.7% |
| Remuneration and social security | 454/9 | €2,252 | - | -€2,252 | |
| Other amounts payable | 47/48 | €17,726 | €19,486 | +€1,760 | +9.9% |
| Accrued charges and deferred income | 492/3 | €338 | €284 | -€54 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,813 | €12,025 | -€2,788 | -18.8% |
| Other operating charges | 640/8 | €2,383 | €3,043 | +€661 | +27.7% |
| Gross operating margin | 9900 | €2,641 | €7,427 | +€4,786 | +181% |
| Operating profit (loss) | 9901 | -€14,555 | -€7,642 | +€6,914 | +47.5% |
| Financial income | 75/76B | €45,452 | €35,000 | -€10,452 | -23.0% |
| Recurring financial income | 75 | €45,452 | €35,000 | -€10,452 | -23.0% |
| Financial charges | 65/66B | €5,128 | €5,251 | +€123 | +2.4% |
| Recurring financial charges | 65 | €5,128 | €5,251 | +€123 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €25,769 | €22,108 | -€3,661 | -14.2% |
| Income taxes | 67/77 | €186 | €166 | -€20 | -10.9% |
| Profit (loss) for the period | 9904 | €25,582 | €21,942 | -€3,641 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,582 | €21,942 | -€3,641 | -14.2% |
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 16 October 2026 via checked.be.