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Oxalys: 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.

What changed

Oxalys

BE 0451.435.822
NACE 90.393, Specialised image, lighting and sound technical services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€12,503
2024 · -€19,076+€6,573
Equity
€178,408
2024 · €190,911-€12,503
Cash
€174,475
2024 · €179,533-€5,058
Balance sheet total
€223,837
2024 · €241,180-€17,343

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€11,097

    down €11,097 (-20.3%), from €54,774 to €43,677

    of which Trade receivables: -€8,976

  • Cash -€5,058

    down €5,058 (-2.8%), from €179,533 to €174,475

    mainly Trade debts (-€13,439) and Net result for the year (-€12,503)

Equity and liabilities
  • Trade debts -€13,439

    down €13,439 (-58.3%), from €23,036 to €9,597

  • Profit (loss) carried forward -€12,503

    down €12,503 (-34.5%), from €36,245 to €23,742

  • Tax, wage and social debts +€8,599

    up €8,599 (+31.6%), from €27,233 to €35,832

    of which Remuneration and social security: +€9,231

Income statement
  • Turnover +€32,188

    up €32,188 (+35.6%), from €90,406 to €122,594

  • Purchases and services +€25,371

    up €25,371 (+14.9%), from €170,397 to €195,768

  • Write-downs +€5,402

    new in 2025: €5,402

  • Depreciation -€4,210

    down €4,210 (-75.0%), from €5,610 to €1,400

  • Gross operating margin +€4,124

    up €4,124 (+2.5%), from €166,971 to €171,095

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€19,076
Gross operating margin +€4,124
Staff costs -€2,377
Depreciation +€4,210
Write-downs -€5,402
Other operating charges -€43
Other operating items +€6,626
Financial income -€502
Financial charges -€63
Result 2025 -€12,503

Cash bridge derived

cash 2024 to 2025

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.

From operations -€5,058
Investment €0
Financing €0
Cash 2024 €179,533
Net result for the year -€12,503
Depreciation +€1,400
Receivables within one year +€11,097
Deferred charges and accrued income -€212
Trade debts -€13,439
Tax, wage and social debts +€8,599
Cash 2025 €174,475
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €241,180 €223,837 -€17,343 -7.2%
Fixed assets 21/28 €6,873 €5,473 -€1,400 -20.4%
Tangible fixed assets 22/27 €5,600 €4,200 -€1,400 -25.0%
Plant, machinery and equipment 23 €5,600 €4,200 -€1,400 -25.0%
Financial fixed assets 28 €1,273 €1,273 = 0.0%
Current assets 29/58 €234,307 €218,364 -€15,943 -6.8%
Amounts receivable within one year 40/41 €54,774 €43,677 -€11,097 -20.3%
Trade receivables 40 €19,000 €10,024 -€8,976 -47.2%
Other amounts receivable 41 €35,774 €33,653 -€2,121 -5.9%
Cash at bank and in hand 54/58 €179,533 €174,475 -€5,058 -2.8%
Deferred charges and accrued income 490/1 - €212 +€212
Total equity and liabilities 10/49 €241,180 €223,837 -€17,343 -7.2%
Equity 10/15 €190,911 €178,408 -€12,503 -6.5%
Reserves 13 €154,666 €154,666 = 0.0%
Profit (loss) carried forward 14 €36,245 €23,742 -€12,503 -34.5%
Amounts payable 17/49 €50,269 €45,429 -€4,840 -9.6%
Amounts payable within one year 42/48 €50,269 €45,429 -€4,840 -9.6%
Trade debts 44 €23,036 €9,597 -€13,439 -58.3%
Suppliers 440/4 €23,036 €9,597 -€13,439 -58.3%
Taxes, remuneration and social security 45 €27,233 €35,832 +€8,599 +31.6%
Taxes 450/3 €4,444 €3,812 -€632 -14.2%
Remuneration and social security 454/9 €22,789 €32,020 +€9,231 +40.5%
Turnover 70 €90,406 €122,594 +€32,188 +35.6%
Non-recurring operating income 76A €3,205 €1,611 -€1,594 -49.7%
Goods, raw materials, services and sundry goods 60/61 €170,397 €195,768 +€25,371 +14.9%
Remuneration, social security and pensions 62 €174,978 €177,355 +€2,377 +1.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,610 €1,400 -€4,210 -75.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €5,402 +€5,402
Other operating charges 640/8 - €43 +€43
Non-recurring operating charges 66A €6,656 €30 -€6,626 -99.5%
Gross operating margin 9900 €166,971 €171,095 +€4,124 +2.5%
Operating profit (loss) 9901 -€20,273 -€13,135 +€7,138 +35.2%
Financial income 75/76B €1,315 €813 -€502 -38.2%
Recurring financial income 75 €1,315 €813 -€502 -38.2%
Financial charges 65/66B €118 €181 +€63 +53.4%
Recurring financial charges 65 €118 €181 +€63 +53.4%
Profit (loss) for the period before taxes 9903 -€19,076 -€12,503 +€6,573 +34.5%
Profit (loss) for the period 9904 -€19,076 -€12,503 +€6,573 +34.5%
Profit (loss) for the period to be appropriated 9905 -€19,076 -€12,503 +€6,573 +34.5%

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 29 September 2026 via checked.be.