OSWALD: 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.
OSWALD
Largest movements
- Cash +€68,986
up €68,986 (+434.4%), from €15,882 to €84,868
mainly Receivables within one year (+€58,078) and Depreciation (+€55,374)
- Receivables within one year -€58,078
down €58,078 (-73.8%), from €78,655 to €20,577
of which Trade receivables: -€52,609
- Tangible fixed assets +€36,326
up €36,326 (+16.4%), from €221,458 to €257,784
of which Furniture and vehicles: +€55,453
- Stocks and contracts -€7,931
down €7,931 (-21.3%), from €37,276 to €29,345
- Trade debts -€51,975
down €51,975 (-47.5%), from €109,386 to €57,411
- Profit (loss) carried forward +€40,125
up €40,125 (+160.5%), from €24,995 to €65,120
- Tax, wage and social debts +€30,228
up €30,228 (+49.4%), from €61,137 to €91,365
of which Taxes: +€26,684
- Debts after one year +€17,454
up €17,454 (+18.5%), from €94,167 to €111,621
- Current portion of long-term debt +€10,686
up €10,686 (+43.3%), from €24,696 to €35,382
- Gross operating margin +€171,714
up €171,714 (+74.2%), from €231,550 to €403,264
- Staff costs +€112,850
up €112,850 (+74.1%), from €152,266 to €265,116
- Depreciation +€28,334
up €28,334 (+104.8%), from €27,040 to €55,374
- Taxes +€13,346
up €13,346 (+576.3%), from €2,316 to €15,662
- Financial charges +€7,220
up €7,220 (+150.2%), from €4,806 to €12,026
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €372,932 | €409,997 | +€37,065 | +9.9% |
| Fixed assets | 21/28 | €238,108 | €270,984 | +€32,876 | +13.8% |
| Tangible fixed assets | 22/27 | €221,458 | €257,784 | +€36,326 | +16.4% |
| Plant, machinery and equipment | 23 | €81,752 | €79,820 | -€1,932 | -2.4% |
| Furniture and vehicles | 24 | €28,949 | €84,402 | +€55,453 | +191.6% |
| Other tangible fixed assets | 26 | €110,757 | €93,562 | -€17,195 | -15.5% |
| Financial fixed assets | 28 | €16,650 | €13,200 | -€3,450 | -20.7% |
| Current assets | 29/58 | €134,824 | €139,013 | +€4,189 | +3.1% |
| Stocks and contracts in progress | 3 | €37,276 | €29,345 | -€7,931 | -21.3% |
| Stocks | 30/36 | €37,276 | €29,345 | -€7,931 | -21.3% |
| Amounts receivable within one year | 40/41 | €78,655 | €20,577 | -€58,078 | -73.8% |
| Trade receivables | 40 | €63,480 | €10,871 | -€52,609 | -82.9% |
| Other amounts receivable | 41 | €15,175 | €9,706 | -€5,469 | -36.0% |
| Cash at bank and in hand | 54/58 | €15,882 | €84,868 | +€68,986 | +434.4% |
| Deferred charges and accrued income | 490/1 | €3,011 | €4,223 | +€1,212 | +40.3% |
| Total equity and liabilities | 10/49 | €372,932 | €409,997 | +€37,065 | +9.9% |
| Equity | 10/15 | €43,545 | €83,670 | +€40,125 | +92.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,995 | €65,120 | +€40,125 | +160.5% |
| Amounts payable | 17/49 | €329,387 | €326,327 | -€3,060 | -0.9% |
| Amounts payable after more than one year | 17 | €94,167 | €111,621 | +€17,454 | +18.5% |
| Financial debts | 170/4 | €94,167 | €111,621 | +€17,454 | +18.5% |
| Amounts payable within one year | 42/48 | €235,220 | €214,706 | -€20,514 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €24,696 | €35,382 | +€10,686 | +43.3% |
| Trade debts | 44 | €109,386 | €57,411 | -€51,975 | -47.5% |
| Suppliers | 440/4 | €109,386 | €57,411 | -€51,975 | -47.5% |
| Taxes, remuneration and social security | 45 | €61,137 | €91,365 | +€30,228 | +49.4% |
| Taxes | 450/3 | €28,817 | €55,501 | +€26,684 | +92.6% |
| Remuneration and social security | 454/9 | €32,320 | €35,864 | +€3,544 | +11.0% |
| Other amounts payable | 47/48 | €40,001 | €30,548 | -€9,453 | -23.6% |
| Remuneration, social security and pensions | 62 | €152,266 | €265,116 | +€112,850 | +74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,040 | €55,374 | +€28,334 | +104.8% |
| Other operating charges | 640/8 | €6,558 | €10,291 | +€3,733 | +56.9% |
| Gross operating margin | 9900 | €231,550 | €403,264 | +€171,714 | +74.2% |
| Operating profit (loss) | 9901 | €45,686 | €72,483 | +€26,797 | +58.7% |
| Financial income | 75/76B | €122 | €330 | +€208 | +170.5% |
| Recurring financial income | 75 | €122 | €330 | +€208 | +170.5% |
| Financial charges | 65/66B | €4,806 | €12,026 | +€7,220 | +150.2% |
| Recurring financial charges | 65 | €4,806 | €12,026 | +€7,220 | +150.2% |
| Profit (loss) for the period before taxes | 9903 | €41,002 | €60,787 | +€19,785 | +48.3% |
| Income taxes | 67/77 | €2,316 | €15,662 | +€13,346 | +576.3% |
| Profit (loss) for the period | 9904 | €38,686 | €45,125 | +€6,439 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,686 | €45,125 | +€6,439 | +16.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.