OUD - WEST: 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 - WEST
Largest movements
- Cash +€246,808
up €246,808 (+382%), from €64,610 to €311,418
mainly Net result for the year (+€116,989) and Depreciation (+€65,453)
- Tangible fixed assets -€71,877
down €71,877 (-8.8%), from €818,420 to €746,543
- Reserves +€117,441
up €117,441 (+38.4%), from €305,776 to €423,217
of which Tax-exempt reserves: +€117,441
- Provisions +€39,147
up €39,147 (+72.6%), from €53,899 to €93,046
- Other debts +€16,552
up €16,552 (+16.2%), from €102,368 to €118,921
- Gross operating margin +€161,662
up €161,662 (+185%), from €87,403 to €249,066
- Other operating charges +€17,413
up €17,413 (+176%), from €9,914 to €27,326
- Taxes -€5,686
down €5,686 (-100%), from €5,686 to €0
- Depreciation -€2,821
down €2,821 (-4.1%), from €68,275 to €65,453
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 | €892,344 | €1,067,961 | +€175,617 | +19.7% |
| Fixed assets | 21/28 | €818,420 | €746,543 | -€71,877 | -8.8% |
| Tangible fixed assets | 22/27 | €818,420 | €746,543 | -€71,877 | -8.8% |
| Land and buildings | 22 | €818,420 | €746,543 | -€71,877 | -8.8% |
| Current assets | 29/58 | €73,924 | €321,418 | +€247,494 | +335% |
| Amounts receivable within one year | 40/41 | €9,314 | €10,000 | +€686 | +7.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €9,314 | €10,000 | +€686 | +7.4% |
| Cash at bank and in hand | 54/58 | €64,610 | €311,418 | +€246,808 | +382% |
| Total equity and liabilities | 10/49 | €892,344 | €1,067,961 | +€175,617 | +19.7% |
| Equity | 10/15 | €685,053 | €802,042 | +€116,989 | +17.1% |
| Contributions | 10/11 | €379,277 | €379,277 | = | 0.0% |
| Capital | 10 | €379,277 | €379,277 | = | 0.0% |
| Issued capital | 100 | €379,277 | €379,277 | = | 0.0% |
| Reserves | 13 | €305,776 | €423,217 | +€117,441 | +38.4% |
| Non-distributable reserves | 130/1 | €37,928 | €37,928 | = | 0.0% |
| Legal reserve | 130 | €37,928 | €37,928 | = | 0.0% |
| Tax-exempt reserves | 132 | €161,697 | €279,138 | +€117,441 | +72.6% |
| Distributable reserves | 133 | €106,151 | €106,151 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€452 | -€452 | |
| Provisions and deferred taxes | 16 | €53,899 | €93,046 | +€39,147 | +72.6% |
| Deferred taxes | 168 | €53,899 | €93,046 | +€39,147 | +72.6% |
| Amounts payable | 17/49 | €153,392 | €172,873 | +€19,481 | +12.7% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €103,392 | €122,873 | +€19,481 | +18.8% |
| Trade debts | 44 | €1,024 | €3,953 | +€2,929 | +286% |
| Suppliers | 440/4 | €1,024 | €3,953 | +€2,929 | +286% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €102,368 | €118,921 | +€16,552 | +16.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €170,704 | +€170,704 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,275 | €65,453 | -€2,821 | -4.1% |
| Other operating charges | 640/8 | €9,914 | €27,326 | +€17,413 | +176% |
| Gross operating margin | 9900 | €87,403 | €249,066 | +€161,662 | +185% |
| Operating profit (loss) | 9901 | €9,215 | €156,286 | +€147,071 | +1,596% |
| Financial income | 75/76B | €33 | €0 | -€33 | -100% |
| Recurring financial income | 75 | €33 | €0 | -€33 | -100% |
| Financial charges | 65/66B | €295 | €150 | -€145 | -49.1% |
| Recurring financial charges | 65 | €295 | €150 | -€145 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €8,954 | €156,136 | +€147,182 | +1,644% |
| Transfer from deferred taxes | 780 | €3,596 | €3,529 | -€67 | -1.9% |
| Transfer to deferred taxes | 680 | - | €42,676 | +€42,676 | |
| Income taxes | 67/77 | €5,686 | €0 | -€5,686 | -100% |
| Profit (loss) for the period | 9904 | €6,863 | €116,989 | +€110,126 | +1,605% |
| Transfer from tax-exempt reserves | 789 | €10,787 | €10,587 | -€200 | -1.9% |
| Transfer to tax-exempt reserves | 689 | - | €128,028 | +€128,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,650 | -€452 | -€18,102 |
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 26 October 2026 via checked.be.