OUTILSUD: 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.
OUTILSUD
Largest movements
- Receivables within one year -€138,186
down €138,186 (-16.4%), from €843,490 to €705,304
of which Trade receivables: -€118,648
- Cash +€130,942
up €130,942 (+45.8%), from €286,057 to €417,000
mainly Net result for the year (+€173,830) and Receivables within one year (+€138,186)
- Tangible fixed assets -€108,631
down €108,631 (-10.1%), from €1.1m to €961,786
of which Land and buildings: -€77,703
- Intangible fixed assets +€38,262
up €38,262, from €0 to €38,262
- Debts after one year -€105,526
down €105,526 (-14.2%), from €740,767 to €635,242
- Profit (loss) carried forward +€70,036
up €70,036 (+4.6%), from €1.5m to €1.6m
- Trade debts -€61,901
down €61,901 (-30.9%), from €200,079 to €138,178
- Gross operating margin +€141,804
up €141,804 (+29.7%), from €478,237 to €620,040
- Staff costs -€27,150
down €27,150 (-9.4%), from €287,325 to €260,176
- Taxes +€25,350
up €25,350 (+125%), from €20,350 to €45,700
- Financial charges -€23,745
down €23,745 (-55.1%), from €43,112 to €19,367
of which Non-recurring financial charges: -€18,044
- Write-downs -€10,889
down €10,889 (-68.2%), from €15,967 to €5,078
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,202,226 | €3,113,266 | -€88,960 | -2.8% |
| Fixed assets | 21/28 | €1,105,084 | €1,023,470 | -€81,614 | -7.4% |
| Intangible fixed assets | 21 | €0 | €38,262 | +€38,262 | |
| Tangible fixed assets | 22/27 | €1,070,417 | €961,786 | -€108,631 | -10.1% |
| Land and buildings | 22 | €949,937 | €872,234 | -€77,703 | -8.2% |
| Plant, machinery and equipment | 23 | €21,808 | €20,718 | -€1,091 | -5.0% |
| Furniture and vehicles | 24 | €98,672 | €68,835 | -€29,837 | -30.2% |
| Financial fixed assets | 28 | €34,667 | €23,421 | -€11,246 | -32.4% |
| Current assets | 29/58 | €2,097,142 | €2,089,796 | -€7,346 | -0.4% |
| Stocks and contracts in progress | 3 | €958,830 | €960,187 | +€1,357 | +0.1% |
| Stocks | 30/36 | €958,830 | €960,187 | +€1,357 | +0.1% |
| Amounts receivable within one year | 40/41 | €843,490 | €705,304 | -€138,186 | -16.4% |
| Trade receivables | 40 | €780,036 | €661,388 | -€118,648 | -15.2% |
| Other amounts receivable | 41 | €63,454 | €43,917 | -€19,538 | -30.8% |
| Cash at bank and in hand | 54/58 | €286,057 | €417,000 | +€130,942 | +45.8% |
| Deferred charges and accrued income | 490/1 | €8,765 | €7,305 | -€1,460 | -16.7% |
| Total equity and liabilities | 10/49 | €3,202,226 | €3,113,266 | -€88,960 | -2.8% |
| Equity | 10/15 | €1,888,827 | €1,984,061 | +€95,235 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €339,360 | €343,154 | +€3,794 | +1.1% |
| Distributable reserves | 133 | €339,360 | €343,154 | +€3,794 | +1.1% |
| Profit (loss) carried forward | 14 | €1,515,279 | €1,585,315 | +€70,036 | +4.6% |
| Investment grants | 15 | €15,587 | €36,992 | +€21,405 | +137% |
| Provisions and deferred taxes | 16 | €3,414 | €2,828 | -€586 | -17.2% |
| Deferred taxes | 168 | €3,414 | €2,828 | -€586 | -17.2% |
| Amounts payable | 17/49 | €1,309,986 | €1,126,377 | -€183,609 | -14.0% |
| Amounts payable after more than one year | 17 | €740,767 | €635,242 | -€105,526 | -14.2% |
| Financial debts | 170/4 | €740,767 | €635,242 | -€105,526 | -14.2% |
| Amounts payable within one year | 42/48 | €569,173 | €491,135 | -€78,038 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €111,028 | €105,526 | -€5,503 | -5.0% |
| Financial debts | 43 | €12,663 | - | -€12,663 | |
| Credit institutions | 430/8 | €12,663 | - | -€12,663 | |
| Trade debts | 44 | €200,079 | €138,178 | -€61,901 | -30.9% |
| Suppliers | 440/4 | €200,079 | €138,178 | -€61,901 | -30.9% |
| Taxes, remuneration and social security | 45 | €51,044 | €55,363 | +€4,319 | +8.5% |
| Taxes | 450/3 | €15,020 | €41,223 | +€26,203 | +174% |
| Remuneration and social security | 454/9 | €36,024 | €14,140 | -€21,884 | -60.7% |
| Other amounts payable | 47/48 | €194,359 | €192,068 | -€2,291 | -1.2% |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Remuneration, social security and pensions | 62 | €287,325 | €260,176 | -€27,150 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,029 | €117,572 | +€6,543 | +5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,967 | €5,078 | -€10,889 | -68.2% |
| Other operating charges | 640/8 | €29,172 | €27,908 | -€1,265 | -4.3% |
| Gross operating margin | 9900 | €478,237 | €620,040 | +€141,804 | +29.7% |
| Operating profit (loss) | 9901 | €34,743 | €209,307 | +€174,564 | +502% |
| Financial income | 75/76B | €28,647 | €29,004 | +€357 | +1.2% |
| Recurring financial income | 75 | €28,647 | €29,004 | +€357 | +1.2% |
| Financial charges | 65/66B | €43,112 | €19,367 | -€23,745 | -55.1% |
| Recurring financial charges | 65 | €25,068 | €19,367 | -€5,701 | -22.7% |
| Non-recurring financial charges | 66B | €18,044 | - | -€18,044 | |
| Profit (loss) for the period before taxes | 9903 | €20,277 | €218,944 | +€198,666 | +980% |
| Transfer from deferred taxes | 780 | €590 | €586 | -€5 | -0.8% |
| Income taxes | 67/77 | €20,350 | €45,700 | +€25,350 | +125% |
| Profit (loss) for the period | 9904 | €518 | €173,830 | +€173,312 | +33,456% |
| Profit (loss) for the period to be appropriated | 9905 | €518 | €173,830 | +€173,312 | +33,456% |
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 18 October 2026 via checked.be.