OUTLY BELGIUM: 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.
OUTLY BELGIUM
Largest movements
- Cash -€64,989
down €64,989 (-44.3%), from €146,606 to €81,617
mainly Other debts (-€225,287) and Net result for the year (-€76,973)
- Tangible fixed assets -€34,698
down €34,698 (-19.3%), from €179,526 to €144,828
of which Land and buildings: -€30,185
- Receivables within one year +€13,429
up €13,429 (+2,451%), from €548 to €13,977
- Stocks and contracts +€10,214
up €10,214 (+13.1%), from €77,881 to €88,096
- Other debts -€225,287
no longer reported in 2025 (was €225,287)
- Debts after one year +€155,000
new in 2025: €155,000
- Profit (loss) carried forward -€76,973
down €76,973 (-368%), from -€20,934 to -€97,907
- Trade debts +€62,834
up €62,834 (+31.8%), from €197,589 to €260,424
- Accrued charges and deferred income +€5,950
new in 2025: €5,950
- Staff costs +€68,013
up €68,013 (+2,376%), from €2,863 to €70,875
- Gross operating margin +€36,403
up €36,403, from -€15,080 to €21,323
- Purchases and services -€24,119
no longer reported in 2025 (was €24,119)
- Depreciation +€23,549
up €23,549 (+1,315%), from €1,791 to €25,340
- Financial charges +€1,401
up €1,401 (+157%), from €894 to €2,296
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 | €407,558 | €334,807 | -€72,752 | -17.9% |
| Fixed assets | 21/28 | €182,523 | €148,554 | -€33,969 | -18.6% |
| Intangible fixed assets | 21 | €2,726 | €3,456 | +€730 | +26.8% |
| Tangible fixed assets | 22/27 | €179,526 | €144,828 | -€34,698 | -19.3% |
| Land and buildings | 22 | €129,535 | €99,349 | -€30,185 | -23.3% |
| Plant, machinery and equipment | 23 | €49,992 | €44,650 | -€5,341 | -10.7% |
| Furniture and vehicles | 24 | - | €828 | +€828 | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €225,036 | €186,253 | -€38,783 | -17.2% |
| Stocks and contracts in progress | 3 | €77,881 | €88,096 | +€10,214 | +13.1% |
| Stocks | 30/36 | €77,881 | €88,096 | +€10,214 | +13.1% |
| Amounts receivable within one year | 40/41 | €548 | €13,977 | +€13,429 | +2,451% |
| Trade receivables | 40 | €548 | €13,977 | +€13,429 | +2,451% |
| Cash at bank and in hand | 54/58 | €146,606 | €81,617 | -€64,989 | -44.3% |
| Deferred charges and accrued income | 490/1 | - | €2,563 | +€2,563 | |
| Total equity and liabilities | 10/49 | €407,558 | €334,807 | -€72,752 | -17.9% |
| Equity | 10/15 | -€15,934 | -€92,907 | -€76,973 | -483% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,934 | -€97,907 | -€76,973 | -368% |
| Amounts payable | 17/49 | €423,492 | €427,714 | +€4,222 | +1.0% |
| Amounts payable after more than one year | 17 | - | €155,000 | +€155,000 | |
| Financial debts | 170/4 | - | €155,000 | +€155,000 | |
| Amounts payable within one year | 42/48 | €423,492 | €266,764 | -€156,728 | -37.0% |
| Trade debts | 44 | €197,589 | €260,424 | +€62,834 | +31.8% |
| Suppliers | 440/4 | €197,589 | €260,424 | +€62,834 | +31.8% |
| Taxes, remuneration and social security | 45 | €616 | €6,340 | +€5,725 | +930% |
| Taxes | 450/3 | €184 | €1,450 | +€1,267 | +689% |
| Remuneration and social security | 454/9 | €432 | €4,890 | +€4,458 | +1,032% |
| Other amounts payable | 47/48 | €225,287 | - | -€225,287 | |
| Accrued charges and deferred income | 492/3 | - | €5,950 | +€5,950 | |
| Goods, raw materials, services and sundry goods | 60/61 | €24,119 | - | -€24,119 | |
| Remuneration, social security and pensions | 62 | €2,863 | €70,875 | +€68,013 | +2,376% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,791 | €25,340 | +€23,549 | +1,315% |
| Other operating charges | 640/8 | €322 | €150 | -€172 | -53.5% |
| Non-recurring operating charges | 66A | - | -€3 | -€3 | |
| Gross operating margin | 9900 | -€15,080 | €21,323 | +€36,403 | |
| Operating profit (loss) | 9901 | -€20,055 | -€75,039 | -€54,984 | -274% |
| Financial income | 75/76B | €16 | €362 | +€346 | +2,208% |
| Recurring financial income | 75 | €16 | €362 | +€346 | +2,208% |
| Financial charges | 65/66B | €894 | €2,296 | +€1,401 | +157% |
| Recurring financial charges | 65 | €894 | €2,296 | +€1,401 | +157% |
| Profit (loss) for the period before taxes | 9903 | -€20,934 | -€76,973 | -€56,040 | -268% |
| Profit (loss) for the period | 9904 | -€20,934 | -€76,973 | -€56,040 | -268% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,934 | -€76,973 | -€56,040 | -268% |
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 1 November 2026 via checked.be.