OCELO: 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.
OCELO
Largest movements
- Receivables within one year +€16,001
up €16,001 (+107.7%), from €14,855 to €30,856
of which Trade receivables: +€10,299
- Tangible fixed assets -€14,184
down €14,184 (-43.7%), from €32,467 to €18,283
- Cash -€6,555
down €6,555 (-10.2%), from €64,520 to €57,965
mainly Receivables within one year (-€16,001) and Net result for the year (-€6,573)
- Profit (loss) carried forward -€6,573
down €6,573 (-8.9%), from €74,247 to €67,674
- Other debts +€3,959
up €3,959 (+109.3%), from €3,622 to €7,581
- Tax, wage and social debts -€2,615
down €2,615 (-23.3%), from €11,242 to €8,627
- Gross operating margin -€47,780
down €47,780 (-82.1%), from €58,204 to €10,424
- Taxes -€11,785
down €11,785 (-97.5%), from €12,082 to €297
- Depreciation +€3,605
up €3,605 (+29.7%), from €12,147 to €15,753
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 | €111,902 | €107,165 | -€4,737 | -4.2% |
| Fixed assets | 21/28 | €32,527 | €18,343 | -€14,184 | -43.6% |
| Tangible fixed assets | 22/27 | €32,467 | €18,283 | -€14,184 | -43.7% |
| Furniture and vehicles | 24 | €32,467 | €18,283 | -€14,184 | -43.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €79,375 | €88,822 | +€9,446 | +11.9% |
| Amounts receivable within one year | 40/41 | €14,855 | €30,856 | +€16,001 | +107.7% |
| Trade receivables | 40 | €14,855 | €25,154 | +€10,299 | +69.3% |
| Other amounts receivable | 41 | €0 | €5,703 | +€5,703 | |
| Cash at bank and in hand | 54/58 | €64,520 | €57,965 | -€6,555 | -10.2% |
| Total equity and liabilities | 10/49 | €111,902 | €107,165 | -€4,737 | -4.2% |
| Equity | 10/15 | €96,247 | €89,674 | -€6,573 | -6.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,247 | €67,674 | -€6,573 | -8.9% |
| Amounts payable | 17/49 | €15,655 | €17,491 | +€1,836 | +11.7% |
| Amounts payable within one year | 42/48 | €15,655 | €17,491 | +€1,836 | +11.7% |
| Trade debts | 44 | €791 | €1,282 | +€491 | +62.1% |
| Suppliers | 440/4 | €791 | €1,282 | +€491 | +62.1% |
| Taxes, remuneration and social security | 45 | €11,242 | €8,627 | -€2,615 | -23.3% |
| Taxes | 450/3 | €11,242 | €8,627 | -€2,615 | -23.3% |
| Other amounts payable | 47/48 | €3,622 | €7,581 | +€3,959 | +109.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,147 | €15,753 | +€3,605 | +29.7% |
| Other operating charges | 640/8 | €515 | €654 | +€139 | +27.0% |
| Gross operating margin | 9900 | €58,204 | €10,424 | -€47,780 | -82.1% |
| Operating profit (loss) | 9901 | €45,541 | -€5,983 | -€51,525 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -100.0% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100.0% |
| Financial charges | 65/66B | €173 | €293 | +€119 | +69.0% |
| Recurring financial charges | 65 | €173 | €293 | +€119 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | €45,372 | -€6,276 | -€51,648 | |
| Income taxes | 67/77 | €12,082 | €297 | -€11,785 | -97.5% |
| Profit (loss) for the period | 9904 | €33,290 | -€6,573 | -€39,863 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,290 | -€6,573 | -€39,863 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.