OGEO: 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.
OGEO
Largest movements
- Cash -€11,597
down €11,597 (-9.6%), from €121,119 to €109,521
mainly Contributions, distributions and other (-€40,177) and Investment in fixed assets (net) (-€21,716)
- Debts after one year -€18,982
down €18,982 (-28.3%), from €67,101 to €48,119
- Tax, wage and social debts +€6,225
up €6,225 (+135.9%), from €4,581 to €10,806
- Trade debts +€3,315
up €3,315 (+721.4%), from €460 to €3,775
- Gross operating margin +€58,858
up €58,858 (+200.9%), from €29,291 to €88,149
- Taxes +€19,029
up €19,029 (+718.4%), from €2,649 to €21,678
- Financial income -€2,175
down €2,175 (-84.5%), from €2,575 to €400
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.
Cash bridge derived
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 | €244,294 | €232,379 | -€11,915 | -4.9% |
| Fixed assets | 21/28 | €89,485 | €89,080 | -€405 | -0.5% |
| Tangible fixed assets | 22/27 | €89,485 | €89,080 | -€405 | -0.5% |
| Land and buildings | 22 | €86,908 | €86,316 | -€592 | -0.7% |
| Furniture and vehicles | 24 | €2,577 | €2,764 | +€187 | +7.3% |
| Current assets | 29/58 | €154,810 | €143,299 | -€11,510 | -7.4% |
| Amounts receivable within one year | 40/41 | €33,691 | €33,778 | +€87 | +0.3% |
| Trade receivables | 40 | €21,004 | €4,219 | -€16,785 | -79.9% |
| Other amounts receivable | 41 | €12,686 | €29,559 | +€16,872 | +133.0% |
| Cash at bank and in hand | 54/58 | €121,119 | €109,521 | -€11,597 | -9.6% |
| Total equity and liabilities | 10/49 | €244,294 | €232,379 | -€11,915 | -4.9% |
| Equity | 10/15 | €112,583 | €110,520 | -€2,063 | -1.8% |
| Contributions | 10/11 | €14,805 | €14,805 | = | 0.0% |
| Reserves | 13 | €97,778 | €95,715 | -€2,063 | -2.1% |
| Non-distributable reserves | 130/1 | €1,481 | €1,481 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,481 | €1,481 | = | 0.0% |
| Distributable reserves | 133 | €96,298 | €94,235 | -€2,063 | -2.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €131,711 | €121,859 | -€9,852 | -7.5% |
| Amounts payable after more than one year | 17 | €67,101 | €48,119 | -€18,982 | -28.3% |
| Financial debts | 170/4 | €67,101 | €48,119 | -€18,982 | -28.3% |
| Amounts payable within one year | 42/48 | €64,610 | €73,740 | +€9,130 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €18,313 | €18,982 | +€670 | +3.7% |
| Trade debts | 44 | €460 | €3,775 | +€3,315 | +721.4% |
| Suppliers | 440/4 | €460 | €3,775 | +€3,315 | +721.4% |
| Taxes, remuneration and social security | 45 | €4,581 | €10,806 | +€6,225 | +135.9% |
| Taxes | 450/3 | €4,581 | €10,806 | +€6,225 | +135.9% |
| Other amounts payable | 47/48 | €41,256 | €40,177 | -€1,079 | -2.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,553 | €22,121 | -€433 | -1.9% |
| Other operating charges | 640/8 | €2,104 | €2,731 | +€627 | +29.8% |
| Gross operating margin | 9900 | €29,291 | €88,149 | +€58,858 | +200.9% |
| Operating profit (loss) | 9901 | €4,633 | €63,297 | +€58,664 | +1266.2% |
| Financial income | 75/76B | €2,575 | €400 | -€2,175 | -84.5% |
| Recurring financial income | 75 | €2,575 | €400 | -€2,175 | -84.5% |
| Financial charges | 65/66B | €4,446 | €3,906 | -€540 | -12.2% |
| Recurring financial charges | 65 | €4,446 | €3,906 | -€540 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €2,762 | €59,791 | +€57,029 | +2064.6% |
| Income taxes | 67/77 | €2,649 | €21,678 | +€19,029 | +718.4% |
| Profit (loss) for the period | 9904 | €114 | €38,114 | +€38,000 | +33442.0% |
| Profit (loss) for the period to be appropriated | 9905 | €114 | €38,114 | +€38,000 | +33442.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.