OXYMORON: 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.
OXYMORON
Largest movements
- Tangible fixed assets -€24,655
down €24,655 (-4.5%), from €543,766 to €519,111
of which Land and buildings: -€23,031
- Profit (loss) carried forward -€49,294
down €49,294 (-7.0%), from -€706,311 to -€755,605
- Accrued charges and deferred income +€11,336
up €11,336 (+13.1%), from €86,207 to €97,543
- Other debts +€8,992
up €8,992 (+177%), from €5,070 to €14,062
- Taxes -€4,373
no longer reported in 2025 (was €4,373)
- Other operating charges -€2,261
down €2,261 (-45.7%), from €4,953 to €2,692
- Financial charges -€533
down €533 (-4.2%), from €12,576 to €12,043
- Gross operating margin +€262
up €262 (+2.6%), from -€10,210 to -€9,948
- Depreciation +€153
up €153 (+0.6%), from €24,502 to €24,655
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 | €696,916 | €671,337 | -€25,580 | -3.7% |
| Fixed assets | 21/28 | €613,741 | €589,086 | -€24,655 | -4.0% |
| Tangible fixed assets | 22/27 | €543,766 | €519,111 | -€24,655 | -4.5% |
| Land and buildings | 22 | €535,370 | €512,338 | -€23,031 | -4.3% |
| Plant, machinery and equipment | 23 | €285 | €6 | -€279 | -97.9% |
| Furniture and vehicles | 24 | €8,111 | €6,767 | -€1,344 | -16.6% |
| Financial fixed assets | 28 | €69,975 | €69,975 | = | 0.0% |
| Current assets | 29/58 | €83,175 | €82,251 | -€925 | -1.1% |
| Amounts receivable after more than one year | 29 | €79,467 | €79,467 | = | 0.0% |
| Other amounts receivable | 291 | €79,467 | €79,467 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,495 | €2,768 | +€272 | +10.9% |
| Trade receivables | 40 | €494 | €317 | -€177 | -35.8% |
| Other amounts receivable | 41 | €2,002 | €2,451 | +€449 | +22.4% |
| Cash at bank and in hand | 54/58 | €1,213 | €16 | -€1,197 | -98.7% |
| Total equity and liabilities | 10/49 | €696,916 | €671,337 | -€25,580 | -3.7% |
| Equity | 10/15 | -€116,947 | -€166,241 | -€49,294 | -42.2% |
| Contributions | 10/11 | €581,000 | €581,000 | = | 0.0% |
| Capital | 10 | €581,000 | €581,000 | = | 0.0% |
| Issued capital | 100 | €581,000 | €581,000 | = | 0.0% |
| Reserves | 13 | €8,363 | €8,363 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,363 | €8,363 | = | 0.0% |
| Legal reserve | 130 | €8,363 | €8,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€706,311 | -€755,605 | -€49,294 | -7.0% |
| Amounts payable | 17/49 | €813,863 | €837,578 | +€23,714 | +2.9% |
| Amounts payable after more than one year | 17 | €721,583 | €721,583 | = | 0.0% |
| Financial debts | 170/4 | €721,583 | €721,583 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,073 | €18,452 | +€12,379 | +204% |
| Trade debts | 44 | €444 | €4,389 | +€3,945 | +888% |
| Suppliers | 440/4 | €444 | €4,389 | +€3,945 | +888% |
| Taxes, remuneration and social security | 45 | €559 | - | -€559 | |
| Taxes | 450/3 | €559 | - | -€559 | |
| Other amounts payable | 47/48 | €5,070 | €14,062 | +€8,992 | +177% |
| Accrued charges and deferred income | 492/3 | €86,207 | €97,543 | +€11,336 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,502 | €24,655 | +€153 | +0.6% |
| Other operating charges | 640/8 | €4,953 | €2,692 | -€2,261 | -45.7% |
| Gross operating margin | 9900 | -€10,210 | -€9,948 | +€262 | +2.6% |
| Operating profit (loss) | 9901 | -€39,665 | -€37,295 | +€2,370 | +6.0% |
| Financial income | 75/76B | €1 | €44 | +€43 | +4,181% |
| Recurring financial income | 75 | €1 | €44 | +€43 | +4,181% |
| Financial charges | 65/66B | €12,576 | €12,043 | -€533 | -4.2% |
| Recurring financial charges | 65 | €12,576 | €12,043 | -€533 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€52,240 | -€49,294 | +€2,946 | +5.6% |
| Income taxes | 67/77 | €4,373 | - | -€4,373 | |
| Profit (loss) for the period | 9904 | -€56,613 | -€49,294 | +€7,319 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,613 | -€49,294 | +€7,319 | +12.9% |
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.