OAZ: what changed
Two fiscal 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.
OAZ
Largest movements
- Receivables within one year +€38,445
up €38,445 (+130.4%), from €29,479 to €67,924
of which Trade receivables: +€57,675
- Stocks and contracts +€13,898
up €13,898 (+714.1%), from €1,946 to €15,845
- Cash -€9,359
down €9,359 (-67.3%), from €13,908 to €4,550
mainly Receivables within one year (-€38,445) and Stocks and contracts (-€13,898)
- Tangible fixed assets -€4,966
down €4,966 (-69.2%), from €7,173 to €2,207
of which Furniture and vehicles: -€4,586
- Intangible fixed assets -€2,500
down €2,500 (-12.5%), from €19,993 to €17,493
- Profit (loss) carried forward +€20,238
up €20,238 (+34.1%), from €59,429 to €79,667
- Tax, wage and social debts +€12,063
up €12,063 (+285.8%), from €4,220 to €16,284
- Trade debts +€3,218
up €3,218 (+173.9%), from €1,850 to €5,068
- Staff costs -€12,122
down €12,122 (-11.8%), from €103,021 to €90,899
- Gross operating margin -€4,231
down €4,231 (-3.4%), from €124,535 to €120,304
- Other operating charges -€3,199
no longer reported in 2024 (was €3,199)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,499 | €108,018 | +€35,519 | +49.0% |
| Fixed assets | 21/28 | €27,166 | €19,700 | -€7,466 | -27.5% |
| Intangible fixed assets | 21 | €19,993 | €17,493 | -€2,500 | -12.5% |
| Tangible fixed assets | 22/27 | €7,173 | €2,207 | -€4,966 | -69.2% |
| Furniture and vehicles | 24 | €6,792 | €2,207 | -€4,586 | -67.5% |
| Other tangible fixed assets | 26 | €380 | - | -€380 | |
| Current assets | 29/58 | €45,333 | €88,318 | +€42,985 | +94.8% |
| Stocks and contracts in progress | 3 | €1,946 | €15,845 | +€13,898 | +714.1% |
| Stocks | 30/36 | €1,946 | €15,845 | +€13,898 | +714.1% |
| Amounts receivable within one year | 40/41 | €29,479 | €67,924 | +€38,445 | +130.4% |
| Trade receivables | 40 | - | €57,675 | +€57,675 | |
| Other amounts receivable | 41 | €29,479 | €10,249 | -€19,230 | -65.2% |
| Cash at bank and in hand | 54/58 | €13,908 | €4,550 | -€9,359 | -67.3% |
| Total equity and liabilities | 10/49 | €72,499 | €108,018 | +€35,519 | +49.0% |
| Equity | 10/15 | €66,429 | €86,667 | +€20,238 | +30.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,429 | €79,667 | +€20,238 | +34.1% |
| Amounts payable | 17/49 | €6,070 | €21,352 | +€15,281 | +251.7% |
| Amounts payable within one year | 42/48 | €6,070 | €21,352 | +€15,281 | +251.7% |
| Trade debts | 44 | €1,850 | €5,068 | +€3,218 | +173.9% |
| Suppliers | 440/4 | €1,850 | €5,068 | +€3,218 | +173.9% |
| Taxes, remuneration and social security | 45 | €4,220 | €16,284 | +€12,063 | +285.8% |
| Taxes | 450/3 | €4,220 | €16,284 | +€12,063 | +285.8% |
| Remuneration, social security and pensions | 62 | €103,021 | €90,899 | -€12,122 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,466 | €7,466 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,199 | - | -€3,199 | |
| Gross operating margin | 9900 | €124,535 | €120,304 | -€4,231 | -3.4% |
| Operating profit (loss) | 9901 | €10,849 | €21,940 | +€11,091 | +102.2% |
| Financial income | 75/76B | €1,032 | €407 | -€624 | -60.5% |
| Recurring financial income | 75 | €1,032 | €407 | -€624 | -60.5% |
| Financial charges | 65/66B | €2,092 | €2,109 | +€17 | +0.8% |
| Recurring financial charges | 65 | €2,092 | €2,109 | +€17 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €9,788 | €20,238 | +€10,450 | +106.8% |
| Profit (loss) for the period | 9904 | €9,788 | €20,238 | +€10,450 | +106.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,788 | €20,238 | +€10,450 | +106.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.