OXYGEN-HOUSE: 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.
OXYGEN-HOUSE
Largest movements
- Tangible fixed assets -€1.1m
down €1.1m (-28.9%), from €3.8m to €2.7m
of which Land and buildings: -€1.1m
- Cash +€147,433
up €147,433 (+433%), from €34,076 to €181,509
mainly Investment in fixed assets (net) (+€958,794) and Depreciation (+€134,883)
- Debts after one year -€1.3m
down €1.3m (-62.4%), from €2.1m to €799,577
- Profit (loss) carried forward +€120,498
up €120,498 (+33.6%), from €358,290 to €478,787
- Other debts +€118,008
up €118,008 (+64.1%), from €183,957 to €301,964
- Short-term financial debts +€108,300
new in 2025: €108,300
- Gross operating margin +€70,997
up €70,997 (+16.2%), from €439,305 to €510,302
- Depreciation -€29,019
down €29,019 (-17.7%), from €163,902 to €134,883
- Taxes +€24,925
up €24,925 (+212%), from €11,739 to €36,664
- Financial charges -€21,475
down €21,475 (-23.8%), from €90,402 to €68,927
- Staff costs +€15,811
up €15,811 (+12.9%), from €122,911 to €138,722
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 | €3,846,343 | €2,880,073 | -€966,270 | -25.1% |
| Fixed assets | 21/28 | €3,780,514 | €2,686,836 | -€1.1m | -28.9% |
| Tangible fixed assets | 22/27 | €3,780,514 | €2,686,836 | -€1.1m | -28.9% |
| Land and buildings | 22 | €3,747,969 | €2,660,737 | -€1.1m | -29.0% |
| Plant, machinery and equipment | 23 | €4,822 | €2,667 | -€2,155 | -44.7% |
| Furniture and vehicles | 24 | €5,691 | €4,918 | -€773 | -13.6% |
| Leasing and similar rights | 25 | €22,032 | €18,514 | -€3,519 | -16.0% |
| Current assets | 29/58 | €65,829 | €193,237 | +€127,408 | +194% |
| Stocks and contracts in progress | 3 | €5,531 | €7,118 | +€1,587 | +28.7% |
| Stocks | 30/36 | €5,531 | €7,118 | +€1,587 | +28.7% |
| Amounts receivable within one year | 40/41 | €24,571 | €1,091 | -€23,480 | -95.6% |
| Trade receivables | 40 | - | €1,091 | +€1,091 | |
| Other amounts receivable | 41 | €24,571 | - | -€24,571 | |
| Cash at bank and in hand | 54/58 | €34,076 | €181,509 | +€147,433 | +433% |
| Deferred charges and accrued income | 490/1 | €1,652 | €3,520 | +€1,868 | +113% |
| Total equity and liabilities | 10/49 | €3,846,343 | €2,880,073 | -€966,270 | -25.1% |
| Equity | 10/15 | €1,355,750 | €1,476,247 | +€120,498 | +8.9% |
| Contributions | 10/11 | €988,600 | €988,600 | = | 0.0% |
| Reserves | 13 | €8,860 | €8,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,860 | €8,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,860 | €8,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €358,290 | €478,787 | +€120,498 | +33.6% |
| Amounts payable | 17/49 | €2,490,593 | €1,403,826 | -€1.1m | -43.6% |
| Amounts payable after more than one year | 17 | €2,127,473 | €799,577 | -€1.3m | -62.4% |
| Financial debts | 170/4 | €2,127,473 | €799,577 | -€1.3m | -62.4% |
| Amounts payable within one year | 42/48 | €360,722 | €601,819 | +€241,097 | +66.8% |
| Current portion of amounts payable after more than one year | 42 | €123,064 | €124,896 | +€1,833 | +1.5% |
| Financial debts | 43 | - | €108,300 | +€108,300 | |
| Credit institutions | 430/8 | - | €108,300 | +€108,300 | |
| Trade debts | 44 | €7,426 | €3,056 | -€4,371 | -58.9% |
| Suppliers | 440/4 | €7,426 | €3,056 | -€4,371 | -58.9% |
| Taxes, remuneration and social security | 45 | €46,276 | €63,603 | +€17,327 | +37.4% |
| Taxes | 450/3 | €19,310 | €42,678 | +€23,368 | +121% |
| Remuneration and social security | 454/9 | €26,966 | €20,925 | -€6,041 | -22.4% |
| Other amounts payable | 47/48 | €183,957 | €301,964 | +€118,008 | +64.1% |
| Accrued charges and deferred income | 492/3 | €2,398 | €2,430 | +€32 | +1.3% |
| Non-recurring operating income | 76A | - | €147,500 | +€147,500 | |
| Remuneration, social security and pensions | 62 | €122,911 | €138,722 | +€15,811 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,902 | €134,883 | -€29,019 | -17.7% |
| Other operating charges | 640/8 | €8,711 | €10,607 | +€1,896 | +21.8% |
| Gross operating margin | 9900 | €439,305 | €510,302 | +€70,997 | +16.2% |
| Operating profit (loss) | 9901 | €143,781 | €226,089 | +€82,309 | +57.2% |
| Financial income | 75/76B | €1,069 | €0 | -€1,069 | -100.0% |
| Recurring financial income | 75 | €1,069 | €0 | -€1,069 | -100.0% |
| Financial charges | 65/66B | €90,402 | €68,927 | -€21,475 | -23.8% |
| Recurring financial charges | 65 | €90,402 | €68,927 | -€21,475 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €54,448 | €157,162 | +€102,715 | +189% |
| Income taxes | 67/77 | €11,739 | €36,664 | +€24,925 | +212% |
| Profit (loss) for the period | 9904 | €42,708 | €120,498 | +€77,789 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €42,708 | €120,498 | +€77,789 | +182% |
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.