OSSELEC: 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.
OSSELEC
Largest movements
- Cash -€5,593
down €5,593 (-49.1%), from €11,386 to €5,793
mainly Trade debts (-€3,514) and Investment in fixed assets (net) (-€2,784)
- Tangible fixed assets +€1,417
up €1,417 (+45.5%), from €3,113 to €4,530
- Deferred charges and accrued income +€1,102
new in 2025: €1,102
- Receivables within one year +€349
up €349 (+10.3%), from €3,403 to €3,752
of which Trade receivables: +€347
- Trade debts -€3,514
down €3,514 (-90.1%), from €3,898 to €385
- Profit (loss) carried forward +€453
up €453 (+6.9%), from €6,598 to €7,051
- Gross operating margin -€7,712
down €7,712 (-74.9%), from €10,301 to €2,590
- Taxes -€1,811
down €1,811 (-94.1%), from €1,924 to €113
- Depreciation +€723
up €723 (+112%), from €643 to €1,367
- Financial charges +€466
up €466 (+37,240%), from €1 to €467
- Other operating charges +€109
up €109 (+274%), from €40 to €149
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 | €17,902 | €15,177 | -€2,725 | -15.2% |
| Fixed assets | 21/28 | €3,113 | €4,530 | +€1,417 | +45.5% |
| Tangible fixed assets | 22/27 | €3,113 | €4,530 | +€1,417 | +45.5% |
| Plant, machinery and equipment | 23 | €3,113 | €4,530 | +€1,417 | +45.5% |
| Current assets | 29/58 | €14,789 | €10,648 | -€4,142 | -28.0% |
| Amounts receivable within one year | 40/41 | €3,403 | €3,752 | +€349 | +10.3% |
| Trade receivables | 40 | €3,403 | €3,750 | +€347 | +10.2% |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €11,386 | €5,793 | -€5,593 | -49.1% |
| Deferred charges and accrued income | 490/1 | - | €1,102 | +€1,102 | |
| Total equity and liabilities | 10/49 | €17,902 | €15,177 | -€2,725 | -15.2% |
| Equity | 10/15 | €13,198 | €13,651 | +€453 | +3.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,598 | €7,051 | +€453 | +6.9% |
| Amounts payable | 17/49 | €4,704 | €1,526 | -€3,178 | -67.6% |
| Amounts payable within one year | 42/48 | €4,704 | €1,511 | -€3,193 | -67.9% |
| Trade debts | 44 | €3,898 | €385 | -€3,514 | -90.1% |
| Suppliers | 440/4 | €3,898 | €385 | -€3,514 | -90.1% |
| Taxes, remuneration and social security | 45 | €806 | €966 | +€160 | +19.9% |
| Taxes | 450/3 | €806 | €966 | +€160 | +19.9% |
| Other amounts payable | 47/48 | - | €160 | +€160 | |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Remuneration, social security and pensions | 62 | - | €41 | +€41 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €643 | €1,367 | +€723 | +112% |
| Other operating charges | 640/8 | €40 | €149 | +€109 | +274% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €10,301 | €2,590 | -€7,712 | -74.9% |
| Operating profit (loss) | 9901 | €9,118 | €1,033 | -€8,085 | -88.7% |
| Financial income | 75/76B | €5 | €0 | -€5 | -95.6% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -95.6% |
| Financial charges | 65/66B | €1 | €467 | +€466 | +37,240% |
| Recurring financial charges | 65 | €1 | €467 | +€466 | +37,240% |
| Profit (loss) for the period before taxes | 9903 | €9,122 | €567 | -€8,555 | -93.8% |
| Income taxes | 67/77 | €1,924 | €113 | -€1,811 | -94.1% |
| Profit (loss) for the period | 9904 | €7,198 | €453 | -€6,744 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,198 | €453 | -€6,744 | -93.7% |
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 14 October 2026 via checked.be.