DE OEVER: 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.
DE OEVER
Largest movements
- Tangible fixed assets -€74,845
down €74,845 (-12.6%), from €592,848 to €518,003
of which Land and buildings: -€52,274
- Cash +€53,415
up €53,415 (+312.1%), from €17,117 to €70,532
mainly Net result for the year (+€189,358) and Investment in fixed assets (net) (+€48,744)
- Other debts -€72,919
down €72,919 (-55.6%), from €131,173 to €58,254
- Profit (loss) carried forward +€67,651
up €67,651 (+264.8%), from €25,544 to €93,195
- Reserves -€9,293
down €9,293 (-3.2%), from €294,945 to €285,652
of which Tax-exempt reserves: -€9,293
- Gross operating margin -€124,592
down €124,592 (-31.6%), from €394,859 to €270,266
- Taxes +€50,037
up €50,037 (+7805.4%), from €641 to €50,678
- Depreciation -€25,174
down €25,174 (-49.1%), from €51,276 to €26,101
- Other operating charges -€8,416
down €8,416 (-74.3%), from €11,332 to €2,916
- Financial income -€4,192
no longer reported in 2025 (was €4,192)
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 | €641,240 | €619,810 | -€21,431 | -3.3% |
| Fixed assets | 21/28 | €592,848 | €518,003 | -€74,845 | -12.6% |
| Tangible fixed assets | 22/27 | €592,848 | €518,003 | -€74,845 | -12.6% |
| Land and buildings | 22 | €537,017 | €484,743 | -€52,274 | -9.7% |
| Plant, machinery and equipment | 23 | - | €4,371 | +€4,371 | |
| Furniture and vehicles | 24 | €1,412 | €1,433 | +€20 | +1.4% |
| Other tangible fixed assets | 26 | €54,419 | €27,455 | -€26,964 | -49.5% |
| Current assets | 29/58 | €48,392 | €101,807 | +€53,415 | +110.4% |
| Amounts receivable within one year | 40/41 | €31,275 | €31,275 | = | 0.0% |
| Other amounts receivable | 41 | €31,275 | €31,275 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,117 | €70,532 | +€53,415 | +312.1% |
| Total equity and liabilities | 10/49 | €641,240 | €619,810 | -€21,431 | -3.3% |
| Equity | 10/15 | €344,518 | €402,877 | +€58,358 | +16.9% |
| Contributions | 10/11 | €24,029 | €24,029 | = | 0.0% |
| Capital | 10 | €24,029 | - | -€24,029 | |
| Issued capital | 100 | €24,029 | - | -€24,029 | |
| Reserves | 13 | €294,945 | €285,652 | -€9,293 | -3.2% |
| Non-distributable reserves | 130/1 | €4,998 | €4,998 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,998 | €4,998 | = | 0.0% |
| Tax-exempt reserves | 132 | €289,947 | €280,654 | -€9,293 | -3.2% |
| Profit (loss) carried forward | 14 | €25,544 | €93,195 | +€67,651 | +264.8% |
| Provisions and deferred taxes | 16 | €96,649 | €93,551 | -€3,098 | -3.2% |
| Deferred taxes | 168 | €96,649 | €93,551 | -€3,098 | -3.2% |
| Amounts payable | 17/49 | €200,073 | €123,382 | -€76,691 | -38.3% |
| Amounts payable after more than one year | 17 | €64,450 | €64,450 | = | 0.0% |
| Financial debts | 170/4 | €64,450 | €64,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €131,576 | €58,932 | -€72,644 | -55.2% |
| Trade debts | 44 | €403 | - | -€403 | |
| Suppliers | 440/4 | €403 | - | -€403 | |
| Taxes, remuneration and social security | 45 | - | €678 | +€678 | |
| Taxes | 450/3 | - | €678 | +€678 | |
| Other amounts payable | 47/48 | €131,173 | €58,254 | -€72,919 | -55.6% |
| Accrued charges and deferred income | 492/3 | €4,047 | - | -€4,047 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,276 | €26,101 | -€25,174 | -49.1% |
| Other operating charges | 640/8 | €11,332 | €2,916 | -€8,416 | -74.3% |
| Gross operating margin | 9900 | €394,859 | €270,266 | -€124,592 | -31.6% |
| Operating profit (loss) | 9901 | €332,251 | €241,249 | -€91,002 | -27.4% |
| Financial income | 75/76B | €4,192 | - | -€4,192 | |
| Recurring financial income | 75 | €4,192 | - | -€4,192 | |
| Financial charges | 65/66B | €2,400 | €4,311 | +€1,910 | +79.6% |
| Recurring financial charges | 65 | €2,400 | €4,311 | +€1,910 | +79.6% |
| Profit (loss) for the period before taxes | 9903 | €334,043 | €236,938 | -€97,105 | -29.1% |
| Transfer from deferred taxes | 780 | €3,154 | €3,098 | -€56 | -1.8% |
| Transfer to deferred taxes | 680 | €99,803 | - | -€99,803 | |
| Income taxes | 67/77 | €641 | €50,678 | +€50,037 | +7805.4% |
| Profit (loss) for the period | 9904 | €236,753 | €189,358 | -€47,395 | -20.0% |
| Transfer from tax-exempt reserves | 789 | €9,462 | €9,293 | -€169 | -1.8% |
| Transfer to tax-exempt reserves | 689 | €299,409 | - | -€299,409 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,194 | €198,651 | +€251,845 |
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 12 October 2026 via checked.be.