OCULAR: 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.
What changed
OCULAR
NACE 62.900, Other information technology and computer services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€289,061
2024 · €593,988-€304,927
Equity
€1.2m
2024 · €911,069+€257,374
Cash
€625,113
2024 · €1.1m-€460,135
Balance sheet total
€2.6m
2024 · €3.1m-€483,114
Largest movements
Assets
- Cash -€460,135
down €460,135 (-42.4%), from €1.1m to €625,113
mainly Other debts (-€378,379) and Advances received (-€182,131)
- Receivables within one year -€57,983
down €57,983 (-12.0%), from €483,078 to €425,095
of which Trade receivables: -€61,691
Equity and liabilities
- Other debts -€378,379
down €378,379 (-100.0%), from €378,379 to €0
- Reserves +€257,374
up €257,374 (+28.8%), from €892,469 to €1.1m
of which Distributable reserves: +€264,451
- Advances received -€182,131
down €182,131 (-38.2%), from €476,529 to €294,398
- Trade debts -€97,214
down €97,214 (-48.9%), from €198,765 to €101,551
- Accrued charges and deferred income -€91,362
down €91,362 (-79.2%), from €115,428 to €24,066
Income statement
- Gross operating margin -€227,961
down €227,961 (-13.4%), from €1.7m to €1.5m
- Staff costs +€47,727
up €47,727 (+5.8%), from €821,937 to €869,665
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.
Result 2024
€593,988
Gross operating margin
-€227,961
Staff costs
-€47,727
Depreciation
-€15,350
Other operating charges
+€1,519
Financial income
-€1,857
Financial charges
+€3,135
Taxes
-€16,686
Result 2025
€289,061
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.
From operations
-€179,222
Investment
-€181,788
Financing
-€99,125
Cash 2024
€1.1m
From operations (derived)
-€179,222
Net result for the year
+€289,061
Depreciation
+€154,254
Stocks and contracts
-€7,405
Receivables within one year
+€57,983
Deferred charges and accrued income
-€64
Provisions
-€2,359
Trade debts
-€97,214
Tax, wage and social debts
+€78,395
Advances received
-€182,131
Other debts
-€378,379
Accrued charges and deferred income
-€91,362
Investment (derived)
-€181,788
Investment in fixed assets (net)
-€181,788
Financing
-€99,125
Debts after one year
-€71,041
Current portion of long-term debt
+€3,603
Contributions, distributions and other
-€31,687
Cash 2025
€625,113
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,127,983 | €2,644,869 | -€483,114 | -15.4% |
| Fixed assets | 21/28 | €1,518,262 | €1,545,797 | +€27,534 | +1.8% |
| Tangible fixed assets | 22/27 | €1,515,762 | €1,545,797 | +€30,034 | +2.0% |
| Plant, machinery and equipment | 23 | €4,645 | €3,376 | -€1,269 | -27.3% |
| Furniture and vehicles | 24 | €210,090 | €170,315 | -€39,775 | -18.9% |
| Leasing and similar rights | 25 | €1,301,027 | €1,372,105 | +€71,078 | +5.5% |
| Financial fixed assets | 28 | €2,500 | €0 | -€2,500 | -100.0% |
| Current assets | 29/58 | €1,609,721 | €1,099,073 | -€510,648 | -31.7% |
| Stocks and contracts in progress | 3 | €34,624 | €42,030 | +€7,405 | +21.4% |
| Stocks | 30/36 | €34,624 | €42,030 | +€7,405 | +21.4% |
| Amounts receivable within one year | 40/41 | €483,078 | €425,095 | -€57,983 | -12.0% |
| Trade receivables | 40 | €483,078 | €421,387 | -€61,691 | -12.8% |
| Other amounts receivable | 41 | - | €3,708 | +€3,708 | |
| Cash at bank and in hand | 54/58 | €1,085,248 | €625,113 | -€460,135 | -42.4% |
| Deferred charges and accrued income | 490/1 | €6,770 | €6,835 | +€64 | +0.9% |
| Total equity and liabilities | 10/49 | €3,127,983 | €2,644,869 | -€483,114 | -15.4% |
| Equity | 10/15 | €911,069 | €1,168,443 | +€257,374 | +28.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €892,469 | €1,149,843 | +€257,374 | +28.8% |
| Tax-exempt reserves | 132 | €170,624 | €163,547 | -€7,077 | -4.1% |
| Distributable reserves | 133 | €721,845 | €986,296 | +€264,451 | +36.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €56,275 | €53,916 | -€2,359 | -4.2% |
| Deferred taxes | 168 | €56,275 | €53,916 | -€2,359 | -4.2% |
| Amounts payable | 17/49 | €2,160,640 | €1,422,511 | -€738,129 | -34.2% |
| Amounts payable after more than one year | 17 | €803,896 | €732,854 | -€71,041 | -8.8% |
| Financial debts | 170/4 | €803,896 | €732,854 | -€71,041 | -8.8% |
| Amounts payable within one year | 42/48 | €1,241,316 | €665,590 | -€575,726 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €67,438 | €71,041 | +€3,603 | +5.3% |
| Trade debts | 44 | €198,765 | €101,551 | -€97,214 | -48.9% |
| Suppliers | 440/4 | €198,765 | €101,551 | -€97,214 | -48.9% |
| Advances received on contracts in progress | 46 | €476,529 | €294,398 | -€182,131 | -38.2% |
| Taxes, remuneration and social security | 45 | €120,206 | €198,601 | +€78,395 | +65.2% |
| Taxes | 450/3 | €45,071 | €79,735 | +€34,664 | +76.9% |
| Remuneration and social security | 454/9 | €75,135 | €118,865 | +€43,731 | +58.2% |
| Other amounts payable | 47/48 | €378,379 | €0 | -€378,379 | -100.0% |
| Accrued charges and deferred income | 492/3 | €115,428 | €24,066 | -€91,362 | -79.2% |
| Non-recurring operating income | 76A | €7,750 | €3,855 | -€3,895 | -50.3% |
| Remuneration, social security and pensions | 62 | €821,937 | €869,665 | +€47,727 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,904 | €154,254 | +€15,350 | +11.1% |
| Other operating charges | 640/8 | €6,988 | €5,469 | -€1,519 | -21.7% |
| Gross operating margin | 9900 | €1,699,455 | €1,471,493 | -€227,961 | -13.4% |
| Operating profit (loss) | 9901 | €731,626 | €442,106 | -€289,520 | -39.6% |
| Financial income | 75/76B | €3,612 | €1,755 | -€1,857 | -51.4% |
| Recurring financial income | 75 | €3,612 | €1,755 | -€1,857 | -51.4% |
| Financial charges | 65/66B | €52,817 | €49,681 | -€3,135 | -5.9% |
| Recurring financial charges | 65 | €52,817 | €49,681 | -€3,135 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €682,421 | €394,180 | -€288,241 | -42.2% |
| Transfer from deferred taxes | 780 | €2,359 | €2,359 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €90,792 | €107,478 | +€16,686 | +18.4% |
| Profit (loss) for the period | 9904 | €593,988 | €289,061 | -€304,927 | -51.3% |
| Transfer from tax-exempt reserves | 789 | €7,077 | €7,077 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €601,065 | €296,137 | -€304,927 | -50.7% |
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 3 October 2026 via checked.be.