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OCULAS: 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

OCULAS

BE 0428.011.114
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€121
2024 · -€16,610+€16,490
Equity
€348,901
2024 · €349,022-€121
Cash
€13,455
2024 · €27,623-€14,168
Balance sheet total
€439,586
2024 · €494,787-€55,201

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€38,659

    down €38,659 (-8.4%), from €462,061 to €423,402

    of which Furniture and vehicles: -€25,598

  • Cash -€14,168

    down €14,168 (-51.3%), from €27,623 to €13,455

    mainly Other debts (-€35,495) and Debts after one year (-€17,777)

Equity and liabilities
  • Other debts -€35,495

    down €35,495 (-36.5%), from €97,138 to €61,643

  • Debts after one year -€17,777

    down €17,777 (-66.5%), from €26,725 to €8,948

Income statement
  • Gross operating margin +€16,161

    up €16,161 (+63.9%), from €25,294 to €41,455

From the 2024 result to the 2025 result

effect on the 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 -€16,610
Gross operating margin +€16,161
Depreciation +€318
Other operating charges -€177
Financial income -€0
Financial charges +€89
Taxes +€99
Result 2025 -€121

Cash bridge derived

cash 2024 to 2025

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 +€3,530
Investment €0
Financing -€17,698
Cash 2024 €27,623
Net result for the year -€121
Depreciation +€38,659
Receivables within one year +€3,389
Deferred charges and accrued income -€1,016
Trade debts -€1,887
Other debts -€35,495
Debts after one year -€17,777
Current portion of long-term debt +€156
Short-term financial debts -€77
Cash 2025 €13,455
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €494,787 €439,586 -€55,201 -11.2%
Fixed assets 21/28 €462,061 €423,402 -€38,659 -8.4%
Tangible fixed assets 22/27 €462,061 €423,402 -€38,659 -8.4%
Land and buildings 22 €425,970 €412,909 -€13,061 -3.1%
Furniture and vehicles 24 €36,091 €10,493 -€25,598 -70.9%
Current assets 29/58 €32,726 €16,184 -€16,542 -50.5%
Amounts receivable within one year 40/41 €5,103 €1,714 -€3,389 -66.4%
Trade receivables 40 €488 €0 -€488 -100.0%
Other amounts receivable 41 €4,615 €1,714 -€2,901 -62.9%
Cash at bank and in hand 54/58 €27,623 €13,455 -€14,168 -51.3%
Deferred charges and accrued income 490/1 €0 €1,016 +€1,016
Total equity and liabilities 10/49 €494,787 €439,586 -€55,201 -11.2%
Equity 10/15 €349,022 €348,901 -€121 0.0%
Contributions 10/11 €49,579 €49,579 = 0.0%
Reserves 13 €299,443 €299,323 -€121 0.0%
Distributable reserves 133 €299,443 €299,323 -€121 0.0%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €145,765 €90,684 -€55,081 -37.8%
Amounts payable after more than one year 17 €26,725 €8,948 -€17,777 -66.5%
Financial debts 170/4 €26,725 €8,948 -€17,777 -66.5%
Amounts payable within one year 42/48 €119,040 €81,737 -€37,303 -31.3%
Current portion of amounts payable after more than one year 42 €17,621 €17,777 +€156 +0.9%
Financial debts 43 €105 €28 -€77 -73.4%
Credit institutions 430/8 €105 €28 -€77 -73.4%
Trade debts 44 €4,176 €2,289 -€1,887 -45.2%
Suppliers 440/4 €4,176 €2,289 -€1,887 -45.2%
Other amounts payable 47/48 €97,138 €61,643 -€35,495 -36.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €38,977 €38,659 -€318 -0.8%
Other operating charges 640/8 €1,912 €2,089 +€177 +9.2%
Gross operating margin 9900 €25,294 €41,455 +€16,161 +63.9%
Operating profit (loss) 9901 -€15,595 €707 +€16,302
Financial income 75/76B €0 €0 -€0 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Financial charges 65/66B €630 €541 -€89 -14.2%
Recurring financial charges 65 €630 €541 -€89 -14.2%
Profit (loss) for the period before taxes 9903 -€16,225 €165 +€16,391
Income taxes 67/77 €385 €286 -€99 -25.7%
Profit (loss) for the period 9904 -€16,610 -€121 +€16,490 +99.3%
Profit (loss) for the period to be appropriated 9905 -€16,610 -€121 +€16,490 +99.3%

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 28 September 2026 via checked.be.