THE OXYJEN: 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.
THE OXYJEN
Largest movements
- Receivables within one year +€7,795
up €7,795 (+94.1%), from €8,286 to €16,081
- Tangible fixed assets -€6,712
down €6,712 (-21.7%), from €30,886 to €24,174
of which Furniture and vehicles: -€8,915
- Cash +€2,895
up €2,895 (+3.0%), from €96,862 to €99,757
mainly Net result for the year (+€57,269) and Depreciation (+€10,247)
- Profit (loss) carried forward +€57,269
up €57,269 (+98.8%), from €57,982 to €115,251
- Other debts -€46,545
down €46,545 (-92.7%), from €50,184 to €3,639
- Current portion of long-term debt -€10,197
no longer reported in 2025 (was €10,197)
- Accrued charges and deferred income +€4,987
new in 2025: €4,987
- Tax, wage and social debts -€1,653
down €1,653 (-11.3%), from €14,654 to €13,001
No income-statement line moved by more than 1% of the activity.
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 | €138,017 | €141,878 | +€3,861 | +2.8% |
| Fixed assets | 21/28 | €30,886 | €24,174 | -€6,712 | -21.7% |
| Tangible fixed assets | 22/27 | €30,886 | €24,174 | -€6,712 | -21.7% |
| Land and buildings | 22 | €6,562 | €6,157 | -€405 | -6.2% |
| Plant, machinery and equipment | 23 | €2,072 | €4,681 | +€2,609 | +126% |
| Furniture and vehicles | 24 | €22,251 | €13,336 | -€8,915 | -40.1% |
| Current assets | 29/58 | €107,131 | €117,704 | +€10,573 | +9.9% |
| Amounts receivable within one year | 40/41 | €8,286 | €16,081 | +€7,795 | +94.1% |
| Trade receivables | 40 | €8,286 | €16,081 | +€7,795 | +94.1% |
| Cash at bank and in hand | 54/58 | €96,862 | €99,757 | +€2,895 | +3.0% |
| Deferred charges and accrued income | 490/1 | €1,983 | €1,866 | -€117 | -5.9% |
| Total equity and liabilities | 10/49 | €138,017 | €141,878 | +€3,861 | +2.8% |
| Equity | 10/15 | €62,982 | €120,251 | +€57,269 | +90.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,982 | €115,251 | +€57,269 | +98.8% |
| Amounts payable | 17/49 | €75,035 | €21,627 | -€53,408 | -71.2% |
| Amounts payable within one year | 42/48 | €75,035 | €16,640 | -€58,395 | -77.8% |
| Current portion of amounts payable after more than one year | 42 | €10,197 | - | -€10,197 | |
| Taxes, remuneration and social security | 45 | €14,654 | €13,001 | -€1,653 | -11.3% |
| Taxes | 450/3 | €14,654 | €13,001 | -€1,653 | -11.3% |
| Other amounts payable | 47/48 | €50,184 | €3,639 | -€46,545 | -92.7% |
| Accrued charges and deferred income | 492/3 | - | €4,987 | +€4,987 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,890 | €10,247 | +€357 | +3.6% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €86,986 | €87,781 | +€795 | +0.9% |
| Operating profit (loss) | 9901 | €77,034 | €77,472 | +€438 | +0.6% |
| Financial charges | 65/66B | €257 | €320 | +€64 | +24.9% |
| Recurring financial charges | 65 | €257 | €320 | +€64 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €76,777 | €77,151 | +€374 | +0.5% |
| Income taxes | 67/77 | €20,128 | €19,882 | -€246 | -1.2% |
| Profit (loss) for the period | 9904 | €56,649 | €57,269 | +€620 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,649 | €57,269 | +€620 | +1.1% |
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 17 October 2026 via checked.be.