BOUTIQUE OZE: 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.
BOUTIQUE OZE
Largest movements
- Cash +€11,182
up €11,182 (+11.2%), from €99,947 to €111,129
mainly Other debts (+€25,458) and Net result for the year (+€10,039)
- Tangible fixed assets -€7,517
down €7,517 (-19.5%), from €38,518 to €31,001
of which Plant, machinery and equipment: -€7,486
- Stocks and contracts +€6,934
up €6,934 (+19.8%), from €35,084 to €42,018
- Receivables within one year -€5,260
down €5,260 (-64.7%), from €8,129 to €2,868
of which Other amounts receivable: -€5,277
- Other debts +€25,458
new in 2025: €25,458
- Reserves -€16,613
down €16,613 (-18.5%), from €89,725 to €73,112
- Debts after one year -€2,806
down €2,806 (-15.1%), from €18,604 to €15,798
- Trade debts +€2,384
up €2,384 (+82.2%), from €2,901 to €5,284
- Tax, wage and social debts -€2,233
down €2,233 (-34.4%), from €6,492 to €4,259
of which Remuneration and social security: -€1,540
- Gross operating margin -€11,318
down €11,318 (-18.4%), from €61,433 to €50,114
- Taxes -€2,599
down €2,599 (-33.3%), from €7,795 to €5,196
- Financial income -€1,014
down €1,014 (-52.2%), from €1,942 to €928
- Financial charges +€880
up €880 (+49.3%), from €1,785 to €2,665
- Depreciation +€760
up €760 (+9.1%), from €8,327 to €9,087
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 | €202,441 | €209,502 | +€7,061 | +3.5% |
| Fixed assets | 21/28 | €38,942 | €31,425 | -€7,517 | -19.3% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €38,518 | €31,001 | -€7,517 | -19.5% |
| Plant, machinery and equipment | 23 | €37,618 | €30,132 | -€7,486 | -19.9% |
| Furniture and vehicles | 24 | €900 | €869 | -€32 | -3.5% |
| Financial fixed assets | 28 | €423 | €423 | = | 0.0% |
| Current assets | 29/58 | €163,499 | €178,077 | +€14,579 | +8.9% |
| Stocks and contracts in progress | 3 | €35,084 | €42,018 | +€6,934 | +19.8% |
| Stocks | 30/36 | €35,084 | €42,018 | +€6,934 | +19.8% |
| Amounts receivable within one year | 40/41 | €8,129 | €2,868 | -€5,260 | -64.7% |
| Trade receivables | 40 | €966 | €983 | +€17 | +1.7% |
| Other amounts receivable | 41 | €7,162 | €1,885 | -€5,277 | -73.7% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €99,947 | €111,129 | +€11,182 | +11.2% |
| Deferred charges and accrued income | 490/1 | €339 | €2,062 | +€1,723 | +508% |
| Total equity and liabilities | 10/49 | €202,441 | €209,502 | +€7,061 | +3.5% |
| Equity | 10/15 | €169,946 | €153,333 | -€16,613 | -9.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €89,725 | €73,112 | -€16,613 | -18.5% |
| Distributable reserves | 133 | €89,725 | €73,112 | -€16,613 | -18.5% |
| Profit (loss) carried forward | 14 | €67,821 | €67,821 | = | 0.0% |
| Amounts payable | 17/49 | €32,495 | €56,169 | +€23,674 | +72.9% |
| Amounts payable after more than one year | 17 | €18,604 | €15,798 | -€2,806 | -15.1% |
| Financial debts | 170/4 | €18,604 | €15,798 | -€2,806 | -15.1% |
| Amounts payable within one year | 42/48 | €13,892 | €39,552 | +€25,660 | +185% |
| Current portion of amounts payable after more than one year | 42 | €4,499 | €4,550 | +€51 | +1.1% |
| Trade debts | 44 | €2,901 | €5,284 | +€2,384 | +82.2% |
| Suppliers | 440/4 | €2,901 | €5,284 | +€2,384 | +82.2% |
| Taxes, remuneration and social security | 45 | €6,492 | €4,259 | -€2,233 | -34.4% |
| Taxes | 450/3 | €3,068 | €2,376 | -€693 | -22.6% |
| Remuneration and social security | 454/9 | €3,423 | €1,883 | -€1,540 | -45.0% |
| Other amounts payable | 47/48 | - | €25,458 | +€25,458 | |
| Accrued charges and deferred income | 492/3 | - | €820 | +€820 | |
| Remuneration, social security and pensions | 62 | €21,535 | €22,029 | +€494 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,327 | €9,087 | +€760 | +9.1% |
| Other operating charges | 640/8 | €1,991 | €2,026 | +€35 | +1.7% |
| Gross operating margin | 9900 | €61,433 | €50,114 | -€11,318 | -18.4% |
| Operating profit (loss) | 9901 | €29,578 | €16,972 | -€12,606 | -42.6% |
| Financial income | 75/76B | €1,942 | €928 | -€1,014 | -52.2% |
| Recurring financial income | 75 | €1,942 | €928 | -€1,014 | -52.2% |
| Financial charges | 65/66B | €1,785 | €2,665 | +€880 | +49.3% |
| Recurring financial charges | 65 | €1,785 | €2,665 | +€880 | +49.3% |
| Profit (loss) for the period before taxes | 9903 | €29,736 | €15,235 | -€14,501 | -48.8% |
| Income taxes | 67/77 | €7,795 | €5,196 | -€2,599 | -33.3% |
| Profit (loss) for the period | 9904 | €21,940 | €10,039 | -€11,902 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,940 | €10,039 | -€11,902 | -54.2% |
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 25 October 2026 via checked.be.