OAVA: what changed
OAVA
Largest movements
- Tangible fixed assets -€63,382
down €63,382 (-95.4%), from €66,460 to €3,077
- Current investments +€26,392
new in 2025: €26,392
- Receivables within one year -€12,500
down €12,500 (-100%), from €12,500 to €0
- Cash -€9,562
down €9,562 (-24.0%), from €39,838 to €30,276
mainly Debts after one year (-€155,915) and Current portion of long-term debt (-€36,573)
- Debts after one year -€155,915
down €155,915 (-74.6%), from €208,934 to €53,018
- Reserves +€97,002
up €97,002 (+252%), from €38,528 to €135,529
- Current portion of long-term debt -€36,573
down €36,573 (-71.7%), from €51,002 to €14,429
- Tax, wage and social debts +€32,858
up €32,858 (+303%), from €10,848 to €43,707
- Other debts +€3,356
up €3,356 (+18.2%), from €18,488 to €21,845
- Gross operating margin +€89,517
up €89,517 (+167%), from €53,734 to €143,251
- Taxes +€23,485
up €23,485 (+231%), from €10,179 to €33,664
- Financial charges +€6,419
up €6,419 (+173%), from €3,720 to €10,139
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €334,183 | €275,086 | -€59,097 | -17.7% |
| Fixed assets | 21/28 | €281,460 | €218,077 | -€63,382 | -22.5% |
| Tangible fixed assets | 22/27 | €66,460 | €3,077 | -€63,382 | -95.4% |
| Furniture and vehicles | 24 | €66,460 | €3,077 | -€63,382 | -95.4% |
| Financial fixed assets | 28 | €215,000 | €215,000 | = | 0.0% |
| Current assets | 29/58 | €52,723 | €57,009 | +€4,286 | +8.1% |
| Amounts receivable within one year | 40/41 | €12,500 | €0 | -€12,500 | -100% |
| Trade receivables | 40 | €12,500 | €0 | -€12,500 | -100% |
| Current investments | 50/53 | - | €26,392 | +€26,392 | |
| Cash at bank and in hand | 54/58 | €39,838 | €30,276 | -€9,562 | -24.0% |
| Deferred charges and accrued income | 490/1 | €385 | €340 | -€45 | -11.6% |
| Total equity and liabilities | 10/49 | €334,183 | €275,086 | -€59,097 | -17.7% |
| Equity | 10/15 | €41,528 | €138,529 | +€97,002 | +234% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €38,528 | €135,529 | +€97,002 | +252% |
| Distributable reserves | 133 | €38,528 | €135,529 | +€97,002 | +252% |
| Amounts payable | 17/49 | €292,655 | €136,557 | -€156,098 | -53.3% |
| Amounts payable after more than one year | 17 | €208,934 | €53,018 | -€155,915 | -74.6% |
| Financial debts | 170/4 | €208,934 | €53,018 | -€155,915 | -74.6% |
| Amounts payable within one year | 42/48 | €83,024 | €82,032 | -€992 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €51,002 | €14,429 | -€36,573 | -71.7% |
| Trade debts | 44 | €2,686 | €2,051 | -€635 | -23.6% |
| Suppliers | 440/4 | €2,686 | €2,051 | -€635 | -23.6% |
| Taxes, remuneration and social security | 45 | €10,848 | €43,707 | +€32,858 | +303% |
| Taxes | 450/3 | €10,848 | €43,707 | +€32,858 | +303% |
| Other amounts payable | 47/48 | €18,488 | €21,845 | +€3,356 | +18.2% |
| Accrued charges and deferred income | 492/3 | €697 | €1,507 | +€810 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,327 | €1,762 | +€435 | +32.8% |
| Other operating charges | 640/8 | - | €1,120 | +€1,120 | |
| Gross operating margin | 9900 | €53,734 | €143,251 | +€89,517 | +167% |
| Operating profit (loss) | 9901 | €52,407 | €140,369 | +€87,962 | +168% |
| Financial income | 75/76B | €20 | €436 | +€416 | +2,130% |
| Recurring financial income | 75 | €20 | €436 | +€416 | +2,130% |
| Financial charges | 65/66B | €3,720 | €10,139 | +€6,419 | +173% |
| Recurring financial charges | 65 | €3,720 | €10,139 | +€6,419 | +173% |
| Profit (loss) for the period before taxes | 9903 | €48,707 | €130,666 | +€81,959 | +168% |
| Income taxes | 67/77 | €10,179 | €33,664 | +€23,485 | +231% |
| Profit (loss) for the period | 9904 | €38,528 | €97,002 | +€58,474 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €38,528 | €97,002 | +€58,474 | +152% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.