OSWHERLU: 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.
OSWHERLU
Largest movements
- Receivables after one year -€60,000
no longer reported in 2024 (was €60,000)
- Cash -€11,263
down €11,263 (-34.3%), from €32,808 to €21,545
mainly Other debts (-€66,206) and Accrued charges and deferred income (-€15,937)
- Receivables within one year -€5,974
down €5,974 (-26.6%), from €22,439 to €16,465
of which Other amounts receivable: -€3,675
- Tangible fixed assets -€5,557
down €5,557 (-100%), from €5,557 to €0
of which Plant, machinery and equipment: -€5,164
- Other debts -€66,206
down €66,206 (-89.7%), from €73,837 to €7,631
- Accrued charges and deferred income -€15,937
down €15,937 (-94.9%), from €16,794 to €857
- Trade debts +€12,868
up €12,868 (+333%), from €3,859 to €16,727
- Reserves -€9,620
down €9,620 (-78.6%), from €12,240 to €2,620
of which Distributable reserves: -€9,000
- Profit (loss) carried forward -€4,081
new in 2024: -€4,081
- Gross operating margin -€20,944
down €20,944, from €18,860 to -€2,084
- Financial income +€2,970
new in 2024: €2,970
of which Financial income: +€2,970
- Depreciation -€1,921
down €1,921 (-25.7%), from €7,478 to €5,557
- Taxes -€1,025
down €1,025 (-32.2%), from €3,184 to €2,160
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.
Derived cash bridge
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 | €121,727 | €38,933 | -€82,794 | -68.0% |
| Fixed assets | 21/28 | €6,480 | €923 | -€5,557 | -85.8% |
| Tangible fixed assets | 22/27 | €5,557 | €0 | -€5,557 | -100% |
| Plant, machinery and equipment | 23 | €5,164 | €0 | -€5,164 | -100% |
| Furniture and vehicles | 24 | €393 | €0 | -€393 | -100% |
| Financial fixed assets | 28 | €923 | €923 | = | 0.0% |
| Current assets | 29/58 | €115,247 | €38,010 | -€77,237 | -67.0% |
| Amounts receivable after more than one year | 29 | €60,000 | - | -€60,000 | |
| Other amounts receivable | 291 | €60,000 | - | -€60,000 | |
| Amounts receivable within one year | 40/41 | €22,439 | €16,465 | -€5,974 | -26.6% |
| Trade receivables | 40 | €2,717 | €418 | -€2,299 | -84.6% |
| Other amounts receivable | 41 | €19,723 | €16,048 | -€3,675 | -18.6% |
| Cash at bank and in hand | 54/58 | €32,808 | €21,545 | -€11,263 | -34.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | -€0 | |
| Total equity and liabilities | 10/49 | €121,727 | €38,933 | -€82,794 | -68.0% |
| Equity | 10/15 | €27,227 | €13,526 | -€13,701 | -50.3% |
| Contributions | 10/11 | €14,987 | €14,987 | = | 0.0% |
| Reserves | 13 | €12,240 | €2,620 | -€9,620 | -78.6% |
| Non-distributable reserves | 130/1 | €2,620 | €2,620 | = | 0.0% |
| Other | 1319 | €2,620 | €2,620 | = | 0.0% |
| Tax-exempt reserves | 132 | €620 | - | -€620 | |
| Distributable reserves | 133 | €9,000 | - | -€9,000 | |
| Profit (loss) carried forward | 14 | - | -€4,081 | -€4,081 | |
| Amounts payable | 17/49 | €94,500 | €25,408 | -€69,093 | -73.1% |
| Amounts payable within one year | 42/48 | €77,707 | €24,551 | -€53,156 | -68.4% |
| Trade debts | 44 | €3,859 | €16,727 | +€12,868 | +333% |
| Suppliers | 440/4 | €3,859 | €16,727 | +€12,868 | +333% |
| Taxes, remuneration and social security | 45 | €11 | €193 | +€182 | +1,683% |
| Taxes | 450/3 | €11 | €193 | +€182 | +1,683% |
| Other amounts payable | 47/48 | €73,837 | €7,631 | -€66,206 | -89.7% |
| Accrued charges and deferred income | 492/3 | €16,794 | €857 | -€15,937 | -94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,478 | €5,557 | -€1,921 | -25.7% |
| Other operating charges | 640/8 | €717 | €738 | +€22 | +3.1% |
| Gross operating margin | 9900 | €18,860 | -€2,084 | -€20,944 | |
| Operating profit (loss) | 9901 | €10,665 | -€8,380 | -€19,045 | |
| Financial income | 75/76B | - | €2,970 | +€2,970 | |
| Recurring financial income | 75 | - | €2,970 | +€2,970 | |
| Non-recurring financial income | 76B | - | €2,970 | +€2,970 | |
| Financial charges | 65/66B | €146 | €133 | -€13 | -9.0% |
| Recurring financial charges | 65 | €146 | €133 | -€13 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €10,520 | -€5,542 | -€16,062 | |
| Income taxes | 67/77 | €3,184 | €2,160 | -€1,025 | -32.2% |
| Profit (loss) for the period | 9904 | €7,335 | -€7,701 | -€15,037 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,335 | -€7,701 | -€15,037 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.