NEW OZ: 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.
NEW OZ
Largest movements
- Cash +€89,658
up €89,658 (+135%), from €66,387 to €156,046
mainly Net result for the year (+€62,094) and Receivables within one year (+€28,001)
- Receivables within one year -€28,001
down €28,001 (-39.4%), from €71,136 to €43,135
of which Other amounts receivable: -€26,717
- Tangible fixed assets -€17,885
down €17,885 (-28.1%), from €63,737 to €45,853
of which Furniture and vehicles: -€11,845
- Profit (loss) carried forward +€62,094
up €62,094 (+35.1%), from €176,827 to €238,921
- Debts after one year -€8,526
no longer reported in 2025 (was €8,526)
- Current portion of long-term debt -€6,760
down €6,760 (-44.2%), from €15,286 to €8,526
- Short-term financial debts -€2,947
down €2,947 (-60.6%), from €4,863 to €1,916
- Gross operating margin +€58,441
up €58,441 (+55.0%), from €106,282 to €164,724
- Staff costs +€45,781
up €45,781 (+544%), from €8,423 to €54,203
- Taxes -€41,952
down €41,952 (-73.0%), from €57,438 to €15,486
- Depreciation -€4,008
down €4,008 (-14.8%), from €27,059 to €23,051
- Other operating charges +€3,693
up €3,693 (+52.5%), from €7,033 to €10,726
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 | €217,476 | €261,498 | +€44,022 | +20.2% |
| Fixed assets | 21/28 | €63,737 | €45,853 | -€17,885 | -28.1% |
| Tangible fixed assets | 22/27 | €63,737 | €45,853 | -€17,885 | -28.1% |
| Furniture and vehicles | 24 | €45,617 | €33,773 | -€11,845 | -26.0% |
| Leasing and similar rights | 25 | €18,120 | €12,080 | -€6,040 | -33.3% |
| Current assets | 29/58 | €153,738 | €215,646 | +€61,907 | +40.3% |
| Stocks and contracts in progress | 3 | €8,666 | €8,916 | +€250 | +2.9% |
| Stocks | 30/36 | €8,666 | €8,916 | +€250 | +2.9% |
| Amounts receivable within one year | 40/41 | €71,136 | €43,135 | -€28,001 | -39.4% |
| Trade receivables | 40 | €5,874 | €4,590 | -€1,284 | -21.9% |
| Other amounts receivable | 41 | €65,262 | €38,545 | -€26,717 | -40.9% |
| Cash at bank and in hand | 54/58 | €66,387 | €156,046 | +€89,658 | +135% |
| Deferred charges and accrued income | 490/1 | €7,549 | €7,549 | = | 0.0% |
| Total equity and liabilities | 10/49 | €217,476 | €261,498 | +€44,022 | +20.2% |
| Equity | 10/15 | €176,940 | €239,034 | +€62,094 | +35.1% |
| Contributions | 10/11 | €113 | €113 | = | 0.0% |
| Contributions outside capital | 11 | €113 | €113 | = | 0.0% |
| Other | 1109/19 | €113 | €113 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,827 | €238,921 | +€62,094 | +35.1% |
| Amounts payable | 17/49 | €40,536 | €22,464 | -€18,072 | -44.6% |
| Amounts payable after more than one year | 17 | €8,526 | - | -€8,526 | |
| Financial debts | 170/4 | €8,526 | - | -€8,526 | |
| Amounts payable within one year | 42/48 | €32,010 | €22,464 | -€9,546 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €15,286 | €8,526 | -€6,760 | -44.2% |
| Financial debts | 43 | €4,863 | €1,916 | -€2,947 | -60.6% |
| Credit institutions | 430/8 | €4,863 | €1,916 | -€2,947 | -60.6% |
| Trade debts | 44 | €11,861 | €12,022 | +€161 | +1.4% |
| Suppliers | 440/4 | €11,861 | €12,022 | +€161 | +1.4% |
| Remuneration, social security and pensions | 62 | €8,423 | €54,203 | +€45,781 | +544% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,059 | €23,051 | -€4,008 | -14.8% |
| Other operating charges | 640/8 | €7,033 | €10,726 | +€3,693 | +52.5% |
| Gross operating margin | 9900 | €106,282 | €164,724 | +€58,441 | +55.0% |
| Operating profit (loss) | 9901 | €63,767 | €76,743 | +€12,976 | +20.3% |
| Financial income | 75/76B | - | €837 | +€837 | |
| Recurring financial income | 75 | - | €837 | +€837 | |
| Financial charges | 65/66B | €1,870 | - | -€1,870 | |
| Recurring financial charges | 65 | €1,870 | - | -€1,870 | |
| Profit (loss) for the period before taxes | 9903 | €61,898 | €77,581 | +€15,683 | +25.3% |
| Income taxes | 67/77 | €57,438 | €15,486 | -€41,952 | -73.0% |
| Profit (loss) for the period | 9904 | €4,459 | €62,094 | +€57,635 | +1,292% |
| Profit (loss) for the period to be appropriated | 9905 | €4,459 | €62,094 | +€57,635 | +1,292% |
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 16 October 2026 via checked.be.