OURSON: 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.
OURSON
Largest movements
- Cash +€24,207
up €24,207 (+38.8%), from €62,373 to €86,580
mainly Depreciation (+€26,973) and Trade debts (+€19,176)
- Stocks and contracts -€12,488
down €12,488 (-2.5%), from €491,648 to €479,160
- Current portion of long-term debt -€46,109
down €46,109 (-81.6%), from €56,485 to €10,375
- Trade debts +€19,176
up €19,176 (+14.7%), from €130,148 to €149,324
- Other debts +€18,900
up €18,900 (+401.6%), from €4,706 to €23,606
- Tax, wage and social debts +€11,117
up €11,117 (+15.8%), from €70,258 to €81,374
of which Taxes: +€10,602
- Debts after one year -€10,375
down €10,375 (-13.9%), from €74,415 to €64,040
- Gross operating margin -€55,849
down €55,849 (-9.7%), from €576,011 to €520,162
- Staff costs -€44,788
down €44,788 (-9.3%), from €481,498 to €436,710
- Financial charges -€8,375
down €8,375 (-12.8%), from €65,324 to €56,949
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.
Cash bridge derived
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 | €1,033,845 | €1,027,478 | -€6,366 | -0.6% |
| Fixed assets | 21/28 | €183,909 | €173,576 | -€10,333 | -5.6% |
| Intangible fixed assets | 21 | €7,067 | €4,931 | -€2,136 | -30.2% |
| Tangible fixed assets | 22/27 | €139,053 | €130,857 | -€8,197 | -5.9% |
| Land and buildings | 22 | €117,881 | €103,208 | -€14,674 | -12.4% |
| Plant, machinery and equipment | 23 | €15,198 | €17,209 | +€2,010 | +13.2% |
| Furniture and vehicles | 24 | €5,974 | €10,440 | +€4,466 | +74.8% |
| Financial fixed assets | 28 | €37,788 | €37,788 | = | 0.0% |
| Current assets | 29/58 | €849,936 | €853,903 | +€3,967 | +0.5% |
| Stocks and contracts in progress | 3 | €491,648 | €479,160 | -€12,488 | -2.5% |
| Stocks | 30/36 | €491,648 | €479,160 | -€12,488 | -2.5% |
| Amounts receivable within one year | 40/41 | €258,442 | €255,193 | -€3,249 | -1.3% |
| Trade receivables | 40 | €243,718 | €228,271 | -€15,447 | -6.3% |
| Other amounts receivable | 41 | €14,724 | €26,922 | +€12,198 | +82.8% |
| Cash at bank and in hand | 54/58 | €62,373 | €86,580 | +€24,207 | +38.8% |
| Deferred charges and accrued income | 490/1 | €37,473 | €32,969 | -€4,504 | -12.0% |
| Total equity and liabilities | 10/49 | €1,033,845 | €1,027,478 | -€6,366 | -0.6% |
| Equity | 10/15 | €197,834 | €198,760 | +€925 | +0.5% |
| Contributions | 10/11 | €475,000 | €475,000 | = | 0.0% |
| Capital | 10 | €475,000 | €475,000 | = | 0.0% |
| Issued capital | 100 | €475,000 | €475,000 | = | 0.0% |
| Revaluation surpluses | 12 | €31,209 | €31,209 | = | 0.0% |
| Reserves | 13 | €8,307 | €8,307 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €1,807 | €1,807 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€316,682 | -€315,756 | +€925 | +0.3% |
| Amounts payable | 17/49 | €836,010 | €828,719 | -€7,292 | -0.9% |
| Amounts payable after more than one year | 17 | €74,415 | €64,040 | -€10,375 | -13.9% |
| Financial debts | 170/4 | €74,415 | €64,040 | -€10,375 | -13.9% |
| Amounts payable within one year | 42/48 | €761,596 | €764,679 | +€3,084 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €56,485 | €10,375 | -€46,109 | -81.6% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €130,148 | €149,324 | +€19,176 | +14.7% |
| Suppliers | 440/4 | €130,148 | €149,324 | +€19,176 | +14.7% |
| Taxes, remuneration and social security | 45 | €70,258 | €81,374 | +€11,117 | +15.8% |
| Taxes | 450/3 | €35,768 | €46,371 | +€10,602 | +29.6% |
| Remuneration and social security | 454/9 | €34,489 | €35,004 | +€514 | +1.5% |
| Other amounts payable | 47/48 | €4,706 | €23,606 | +€18,900 | +401.6% |
| Remuneration, social security and pensions | 62 | €481,498 | €436,710 | -€44,788 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,306 | €26,973 | -€3,333 | -11.0% |
| Other operating charges | 640/8 | €10,716 | €9,753 | -€963 | -9.0% |
| Gross operating margin | 9900 | €576,011 | €520,162 | -€55,849 | -9.7% |
| Operating profit (loss) | 9901 | €53,491 | €46,725 | -€6,765 | -12.6% |
| Financial income | 75/76B | €12,887 | €12,165 | -€722 | -5.6% |
| Recurring financial income | 75 | €12,887 | €12,165 | -€722 | -5.6% |
| Financial charges | 65/66B | €65,324 | €56,949 | -€8,375 | -12.8% |
| Recurring financial charges | 65 | €65,324 | €56,949 | -€8,375 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €1,053 | €1,941 | +€887 | +84.3% |
| Income taxes | 67/77 | €757 | €1,015 | +€258 | +34.1% |
| Profit (loss) for the period | 9904 | €296 | €925 | +€629 | +212.5% |
| Profit (loss) for the period to be appropriated | 9905 | €296 | €925 | +€629 | +212.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.