OSHOX: 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.
OSHOX
Largest movements
- Cash +€53,595
up €53,595 (+159.6%), from €33,575 to €87,169
mainly Trade debts (+€49,384) and Receivables within one year (+€42,942)
- Receivables within one year -€42,942
down €42,942 (-55.7%), from €77,054 to €34,112
of which Trade receivables: -€42,238
- Tangible fixed assets +€16,201
up €16,201 (+35.5%), from €45,623 to €61,824
of which Furniture and vehicles: +€16,436
- Intangible fixed assets -€4,500
down €4,500 (-20.0%), from €22,500 to €18,000
- Trade debts +€49,384
up €49,384 (+724.5%), from €6,817 to €56,200
- Debts after one year -€20,586
down €20,586 (-30.3%), from €67,924 to €47,337
- Other debts -€10,000
no longer reported in 2022 (was €10,000)
- Tax, wage and social debts +€5,362
up €5,362 (+202.8%), from €2,644 to €8,005
of which Taxes: +€2,938
- Financial charges +€14,334
up €14,334 (+1476.4%), from €971 to €15,304
of which Non-recurring financial charges: +€13,215
- Staff costs +€10,906
up €10,906 (+32.5%), from €33,540 to €44,446
- Gross operating margin -€7,946
down €7,946 (-7.7%), from €102,546 to €94,600
- Taxes +€5,872
up €5,872 (+463.7%), from €1,266 to €7,139
- Depreciation +€5,368
up €5,368 (+27.7%), from €19,386 to €24,755
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,376 | €208,044 | +€24,668 | +13.5% |
| Fixed assets | 21/28 | €68,378 | €80,079 | +€11,701 | +17.1% |
| Intangible fixed assets | 21 | €22,500 | €18,000 | -€4,500 | -20.0% |
| Tangible fixed assets | 22/27 | €45,623 | €61,824 | +€16,201 | +35.5% |
| Plant, machinery and equipment | 23 | €1,037 | €802 | -€235 | -22.6% |
| Furniture and vehicles | 24 | €44,586 | €61,022 | +€16,436 | +36.9% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €114,998 | €127,965 | +€12,966 | +11.3% |
| Stocks and contracts in progress | 3 | €775 | €1,245 | +€470 | +60.6% |
| Stocks | 30/36 | €775 | €1,245 | +€470 | +60.6% |
| Amounts receivable within one year | 40/41 | €77,054 | €34,112 | -€42,942 | -55.7% |
| Trade receivables | 40 | €42,238 | - | -€42,238 | |
| Other amounts receivable | 41 | €34,817 | €34,112 | -€704 | -2.0% |
| Cash at bank and in hand | 54/58 | €33,575 | €87,169 | +€53,595 | +159.6% |
| Deferred charges and accrued income | 490/1 | €3,594 | €5,438 | +€1,844 | +51.3% |
| Total equity and liabilities | 10/49 | €183,376 | €208,044 | +€24,668 | +13.5% |
| Equity | 10/15 | €95,992 | €96,501 | +€509 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,392 | €77,901 | +€509 | +0.7% |
| Amounts payable | 17/49 | €87,384 | €111,543 | +€24,159 | +27.6% |
| Amounts payable after more than one year | 17 | €67,924 | €47,337 | -€20,586 | -30.3% |
| Financial debts | 170/4 | €67,924 | €47,337 | -€20,586 | -30.3% |
| Amounts payable within one year | 42/48 | €19,460 | €64,206 | +€44,745 | +229.9% |
| Trade debts | 44 | €6,817 | €56,200 | +€49,384 | +724.5% |
| Suppliers | 440/4 | €6,817 | €56,200 | +€49,384 | +724.5% |
| Taxes, remuneration and social security | 45 | €2,644 | €8,005 | +€5,362 | +202.8% |
| Taxes | 450/3 | €2,644 | €5,582 | +€2,938 | +111.1% |
| Remuneration and social security | 454/9 | - | €2,424 | +€2,424 | |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Non-recurring operating income | 76A | €822 | - | -€822 | |
| Remuneration, social security and pensions | 62 | €33,540 | €44,446 | +€10,906 | +32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,386 | €24,755 | +€5,368 | +27.7% |
| Other operating charges | 640/8 | €3,797 | €1,883 | -€1,913 | -50.4% |
| Non-recurring operating charges | 66A | €1,667 | €564 | -€1,103 | -66.1% |
| Gross operating margin | 9900 | €102,546 | €94,600 | -€7,946 | -7.7% |
| Operating profit (loss) | 9901 | €44,156 | €22,952 | -€21,204 | -48.0% |
| Financial charges | 65/66B | €971 | €15,304 | +€14,334 | +1476.4% |
| Recurring financial charges | 65 | €971 | €2,089 | +€1,119 | +115.2% |
| Non-recurring financial charges | 66B | - | €13,215 | +€13,215 | |
| Profit (loss) for the period before taxes | 9903 | €43,185 | €7,647 | -€35,538 | -82.3% |
| Income taxes | 67/77 | €1,266 | €7,139 | +€5,872 | +463.7% |
| Profit (loss) for the period | 9904 | €41,919 | €509 | -€41,410 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,919 | €509 | -€41,410 | -98.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.