Oud Gelaeg: 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.
Oud Gelaeg
Largest movements
- Receivables within one year +€20,187
up €20,187 (+253%), from €7,988 to €28,175
of which Trade receivables: +€20,200
- Tangible fixed assets -€9,397
down €9,397 (-31.1%), from €30,250 to €20,853
- Debts after one year -€103,441
down €103,441 (-100%), from €103,441 to €0
of which Other amounts payable: -€92,150
- Reserves +€54,711
up €54,711 (+48.4%), from €112,995 to €167,706
- Other debts +€43,413
up €43,413 (+215%), from €20,163 to €63,577
- Trade debts +€20,438
up €20,438 (+2,667%), from €766 to €21,205
- Tax, wage and social debts -€3,510
down €3,510 (-15.8%), from €22,279 to €18,769
- Gross operating margin +€44,336
up €44,336 (+88.1%), from €50,325 to €94,661
- Taxes +€14,455
up €14,455 (+120%), from €12,025 to €26,479
- Financial charges -€1,059
down €1,059 (-57.8%), from €1,833 to €774
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 | €290,085 | €301,147 | +€11,063 | +3.8% |
| Fixed assets | 21/28 | €280,536 | €271,139 | -€9,397 | -3.3% |
| Tangible fixed assets | 22/27 | €30,250 | €20,853 | -€9,397 | -31.1% |
| Furniture and vehicles | 24 | €30,250 | €20,853 | -€9,397 | -31.1% |
| Financial fixed assets | 28 | €250,286 | €250,286 | = | 0.0% |
| Current assets | 29/58 | €9,549 | €30,009 | +€20,460 | +214% |
| Amounts receivable within one year | 40/41 | €7,988 | €28,175 | +€20,187 | +253% |
| Trade receivables | 40 | - | €20,200 | +€20,200 | |
| Other amounts receivable | 41 | €7,988 | €7,975 | -€13 | -0.2% |
| Cash at bank and in hand | 54/58 | €1,561 | €1,688 | +€127 | +8.2% |
| Deferred charges and accrued income | 490/1 | - | €145 | +€145 | |
| Total equity and liabilities | 10/49 | €290,085 | €301,147 | +€11,063 | +3.8% |
| Equity | 10/15 | €131,595 | €186,306 | +€54,711 | +41.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112,995 | €167,706 | +€54,711 | +48.4% |
| Distributable reserves | 133 | €112,995 | €167,706 | +€54,711 | +48.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €158,490 | €114,841 | -€43,649 | -27.5% |
| Amounts payable after more than one year | 17 | €103,441 | €0 | -€103,441 | -100% |
| Financial debts | 170/4 | €11,291 | €0 | -€11,291 | -100% |
| Other amounts payable | 178/9 | €92,150 | €0 | -€92,150 | -100% |
| Amounts payable within one year | 42/48 | €55,049 | €114,841 | +€59,793 | +109% |
| Current portion of amounts payable after more than one year | 42 | €11,840 | €11,291 | -€549 | -4.6% |
| Trade debts | 44 | €766 | €21,205 | +€20,438 | +2,667% |
| Suppliers | 440/4 | €766 | €21,205 | +€20,438 | +2,667% |
| Taxes, remuneration and social security | 45 | €22,279 | €18,769 | -€3,510 | -15.8% |
| Taxes | 450/3 | €22,279 | €18,769 | -€3,510 | -15.8% |
| Other amounts payable | 47/48 | €20,163 | €63,577 | +€43,413 | +215% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,798 | €11,009 | +€211 | +2.0% |
| Other operating charges | 640/8 | €853 | €888 | +€35 | +4.1% |
| Gross operating margin | 9900 | €50,325 | €94,661 | +€44,336 | +88.1% |
| Operating profit (loss) | 9901 | €38,675 | €82,764 | +€44,090 | +114% |
| Financial charges | 65/66B | €1,833 | €774 | -€1,059 | -57.8% |
| Recurring financial charges | 65 | €1,833 | €774 | -€1,059 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | €36,841 | €81,990 | +€45,149 | +123% |
| Income taxes | 67/77 | €12,025 | €26,479 | +€14,455 | +120% |
| Profit (loss) for the period | 9904 | €24,817 | €55,511 | +€30,694 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €24,817 | €55,511 | +€30,694 | +124% |
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 19 October 2026 via checked.be.