OYENDECO: 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.
OYENDECO
Largest movements
- Tangible fixed assets -€21,692
down €21,692 (-24.2%), from €89,751 to €68,058
of which Land and buildings: -€22,135
- Cash -€9,452
down €9,452 (-37.7%), from €25,070 to €15,618
mainly Debts after one year (-€24,572) and Other debts (-€21,708)
- Receivables within one year +€7,670
up €7,670 (+194%), from €3,946 to €11,616
of which Trade receivables: +€7,670
- Debts after one year -€24,572
down €24,572 (-28.7%), from €85,614 to €61,042
- Other debts -€21,708
down €21,708 (-16.8%), from €129,351 to €107,642
- Profit (loss) carried forward +€15,352
up €15,352 (+11.0%), from -€139,647 to -€124,295
- Trade debts +€7,632
up €7,632 (+158%), from €4,837 to €12,469
- Other operating charges -€7,401
down €7,401 (-81.8%), from €9,052 to €1,652
- Gross operating margin -€6,363
down €6,363 (-12.8%), from €49,663 to €43,300
- Financial income +€1,517
new in 2025: €1,517
- Financial charges -€1,130
down €1,130 (-18.5%), from €6,114 to €4,984
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 | €134,995 | €112,099 | -€22,895 | -17.0% |
| Fixed assets | 21/28 | €89,751 | €68,058 | -€21,692 | -24.2% |
| Tangible fixed assets | 22/27 | €89,751 | €68,058 | -€21,692 | -24.2% |
| Land and buildings | 22 | €87,893 | €65,757 | -€22,135 | -25.2% |
| Plant, machinery and equipment | 23 | €1,416 | €2,008 | +€592 | +41.8% |
| Furniture and vehicles | 24 | €442 | €293 | -€149 | -33.6% |
| Current assets | 29/58 | €45,244 | €44,041 | -€1,203 | -2.7% |
| Stocks and contracts in progress | 3 | €13,575 | €13,585 | +€11 | +0.1% |
| Stocks | 30/36 | €13,575 | €13,585 | +€11 | +0.1% |
| Amounts receivable within one year | 40/41 | €3,946 | €11,616 | +€7,670 | +194% |
| Trade receivables | 40 | €2,567 | €10,237 | +€7,670 | +299% |
| Other amounts receivable | 41 | €1,379 | €1,379 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,070 | €15,618 | -€9,452 | -37.7% |
| Deferred charges and accrued income | 490/1 | €2,654 | €3,222 | +€568 | +21.4% |
| Total equity and liabilities | 10/49 | €134,995 | €112,099 | -€22,895 | -17.0% |
| Equity | 10/15 | -€114,352 | -€99,000 | +€15,352 | +13.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €12,794 | €12,794 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,934 | €10,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,647 | -€124,295 | +€15,352 | +11.0% |
| Amounts payable | 17/49 | €249,347 | €211,100 | -€38,247 | -15.3% |
| Amounts payable after more than one year | 17 | €85,614 | €61,042 | -€24,572 | -28.7% |
| Financial debts | 170/4 | €85,614 | €61,042 | -€24,572 | -28.7% |
| Amounts payable within one year | 42/48 | €163,733 | €150,058 | -€13,675 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €23,407 | €24,572 | +€1,165 | +5.0% |
| Trade debts | 44 | €4,837 | €12,469 | +€7,632 | +158% |
| Suppliers | 440/4 | €4,837 | €12,469 | +€7,632 | +158% |
| Taxes, remuneration and social security | 45 | €6,139 | €5,374 | -€764 | -12.4% |
| Taxes | 450/3 | €1,639 | €2,374 | +€736 | +44.9% |
| Remuneration and social security | 454/9 | €4,500 | €3,000 | -€1,500 | -33.3% |
| Other amounts payable | 47/48 | €129,351 | €107,642 | -€21,708 | -16.8% |
| Remuneration, social security and pensions | 62 | €232 | - | -€232 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,866 | €22,829 | -€36 | -0.2% |
| Other operating charges | 640/8 | €9,052 | €1,652 | -€7,401 | -81.8% |
| Gross operating margin | 9900 | €49,663 | €43,300 | -€6,363 | -12.8% |
| Operating profit (loss) | 9901 | €17,513 | €18,819 | +€1,306 | +7.5% |
| Financial income | 75/76B | - | €1,517 | +€1,517 | |
| Recurring financial income | 75 | - | €1,517 | +€1,517 | |
| Financial charges | 65/66B | €6,114 | €4,984 | -€1,130 | -18.5% |
| Recurring financial charges | 65 | €6,114 | €4,984 | -€1,130 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €11,399 | €15,352 | +€3,953 | +34.7% |
| Profit (loss) for the period | 9904 | €11,399 | €15,352 | +€3,953 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,399 | €15,352 | +€3,953 | +34.7% |
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 14 October 2026 via checked.be.