Oaze: 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.
Oaze
Largest movements
- Cash -€23,945
no longer reported in 2024 (was €23,945)
mainly Net result for the year (-€40,593) and Current portion of long-term debt (-€32,000)
- Tangible fixed assets -€20,878
down €20,878 (-5.8%), from €359,775 to €338,897
of which Land and buildings: -€17,500
- Receivables within one year +€9,994
up €9,994 (+4.7%), from €213,706 to €223,701
of which Other amounts receivable: +€86,911
- Short-term financial debts +€53,083
up €53,083 (+517.2%), from €10,264 to €63,347
of which Credit institutions: +€42,378
- Profit (loss) carried forward -€40,593
down €40,593 (-136.2%), from -€29,810 to -€70,403
- Current portion of long-term debt -€32,000
no longer reported in 2024 (was €32,000)
- Tax, wage and social debts -€30,128
down €30,128 (-86.9%), from €34,684 to €4,556
of which Taxes: -€32,505
- Debts after one year +€21,781
up €21,781 (+9.9%), from €220,593 to €242,373
- Taxes -€17,449
new in 2024: -€17,449
- Gross operating margin -€14,045
down €14,045 (-26.7%), from €52,663 to €38,618
- Financial charges +€11,099
up €11,099 (+485.9%), from €2,284 to €13,384
- Depreciation +€3,291
up €3,291 (+17.1%), from €19,289 to €22,581
- Staff costs -€1,817
down €1,817 (-3.3%), from €55,348 to €53,531
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 | €640,594 | €603,626 | -€36,968 | -5.8% |
| Fixed assets | 21/28 | €360,045 | €339,167 | -€20,878 | -5.8% |
| Tangible fixed assets | 22/27 | €359,775 | €338,897 | -€20,878 | -5.8% |
| Land and buildings | 22 | €345,556 | €328,056 | -€17,500 | -5.1% |
| Plant, machinery and equipment | 23 | €12,308 | €8,823 | -€3,486 | -28.3% |
| Furniture and vehicles | 24 | €1,911 | €2,019 | +€108 | +5.6% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €280,549 | €264,459 | -€16,090 | -5.7% |
| Amounts receivable within one year | 40/41 | €213,706 | €223,701 | +€9,994 | +4.7% |
| Trade receivables | 40 | €207,867 | €130,950 | -€76,917 | -37.0% |
| Other amounts receivable | 41 | €5,840 | €92,751 | +€86,911 | +1488.3% |
| Cash at bank and in hand | 54/58 | €23,945 | - | -€23,945 | |
| Deferred charges and accrued income | 490/1 | €42,897 | €40,758 | -€2,139 | -5.0% |
| Total equity and liabilities | 10/49 | €640,594 | €603,626 | -€36,968 | -5.8% |
| Equity | 10/15 | €333,943 | €293,350 | -€40,593 | -12.2% |
| Contributions | 10/11 | €138,600 | €138,600 | = | 0.0% |
| Reserves | 13 | €225,153 | €225,153 | = | 0.0% |
| Distributable reserves | 133 | €225,153 | €225,153 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,810 | -€70,403 | -€40,593 | -136.2% |
| Amounts payable | 17/49 | €306,651 | €310,276 | +€3,625 | +1.2% |
| Amounts payable after more than one year | 17 | €220,593 | €242,373 | +€21,781 | +9.9% |
| Financial debts | 170/4 | €220,593 | €242,373 | +€21,781 | +9.9% |
| Amounts payable within one year | 42/48 | €79,961 | €67,903 | -€12,058 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €32,000 | - | -€32,000 | |
| Financial debts | 43 | €10,264 | €63,347 | +€53,083 | +517.2% |
| Credit institutions | 430/8 | - | €42,378 | +€42,378 | |
| Other loans | 439 | €10,264 | €20,969 | +€10,705 | +104.3% |
| Trade debts | 44 | €2,977 | - | -€2,977 | |
| Suppliers | 440/4 | €2,977 | - | -€2,977 | |
| Taxes, remuneration and social security | 45 | €34,684 | €4,556 | -€30,128 | -86.9% |
| Taxes | 450/3 | €32,505 | - | -€32,505 | |
| Remuneration and social security | 454/9 | €2,179 | €4,556 | +€2,378 | +109.1% |
| Other amounts payable | 47/48 | €36 | - | -€36 | |
| Accrued charges and deferred income | 492/3 | €6,098 | - | -€6,098 | |
| Remuneration, social security and pensions | 62 | €55,348 | €53,531 | -€1,817 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,289 | €22,581 | +€3,291 | +17.1% |
| Other operating charges | 640/8 | €6,594 | €7,165 | +€571 | +8.7% |
| Gross operating margin | 9900 | €52,663 | €38,618 | -€14,045 | -26.7% |
| Operating profit (loss) | 9901 | -€28,567 | -€44,658 | -€16,091 | -56.3% |
| Financial income | 75/76B | €1,041 | - | -€1,041 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Non-recurring financial income | 76B | €1,014 | - | -€1,014 | |
| Financial charges | 65/66B | €2,284 | €13,384 | +€11,099 | +485.9% |
| Recurring financial charges | 65 | €2,284 | €13,384 | +€11,099 | +485.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,810 | -€58,042 | -€28,232 | -94.7% |
| Income taxes | 67/77 | - | -€17,449 | -€17,449 | |
| Profit (loss) for the period | 9904 | -€29,810 | -€40,593 | -€10,783 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,810 | -€40,593 | -€10,783 | -36.2% |
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.