Oculi JV: 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.
Oculi JV
Largest movements
- Cash +€61,543
up €61,543 (+275.5%), from €22,338 to €83,880
mainly Net result for the year (+€57,381) and Current investments (+€20,100)
- Current investments -€20,100
down €20,100 (-66.8%), from €30,100 to €10,000
- Deferred charges and accrued income +€14,345
up €14,345 (+730.4%), from €1,964 to €16,309
- Receivables within one year +€2,494
up €2,494 (+20.5%), from €12,145 to €14,639
- Tangible fixed assets +€1,856
new in 2025: €1,856
- Reserves +€57,420
up €57,420 (+118.4%), from €48,500 to €105,920
- Tax, wage and social debts +€2,112
up €2,112 (+16.0%), from €13,238 to €15,350
- Gross operating margin +€67,172
up €67,172 (+1370.6%), from €4,901 to €72,073
- Taxes +€13,686
up €13,686 (+924.5%), from €1,480 to €15,167
- Depreciation -€1,281
down €1,281 (-90.0%), from €1,424 to €143
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 | €66,797 | €126,934 | +€60,137 | +90.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €250 | €2,106 | +€1,856 | +742.5% |
| Tangible fixed assets | 22/27 | - | €1,856 | +€1,856 | |
| Furniture and vehicles | 24 | - | €1,856 | +€1,856 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €66,547 | €124,827 | +€58,281 | +87.6% |
| Amounts receivable within one year | 40/41 | €12,145 | €14,639 | +€2,494 | +20.5% |
| Other amounts receivable | 41 | €12,145 | €14,639 | +€2,494 | +20.5% |
| Current investments | 50/53 | €30,100 | €10,000 | -€20,100 | -66.8% |
| Cash at bank and in hand | 54/58 | €22,338 | €83,880 | +€61,543 | +275.5% |
| Deferred charges and accrued income | 490/1 | €1,964 | €16,309 | +€14,345 | +730.4% |
| Total equity and liabilities | 10/49 | €66,797 | €126,934 | +€60,137 | +90.0% |
| Equity | 10/15 | €51,546 | €108,926 | +€57,381 | +111.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €48,500 | €105,920 | +€57,420 | +118.4% |
| Distributable reserves | 133 | €48,500 | €105,920 | +€57,420 | +118.4% |
| Profit (loss) carried forward | 14 | €46 | €6 | -€39 | -86.6% |
| Amounts payable | 17/49 | €15,251 | €18,008 | +€2,757 | +18.1% |
| Amounts payable within one year | 42/48 | €15,251 | €18,008 | +€2,757 | +18.1% |
| Trade debts | 44 | €2,013 | €2,658 | +€644 | +32.0% |
| Suppliers | 440/4 | €2,013 | €2,658 | +€644 | +32.0% |
| Taxes, remuneration and social security | 45 | €13,238 | €15,350 | +€2,112 | +16.0% |
| Taxes | 450/3 | €13,238 | €15,350 | +€2,112 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,424 | €143 | -€1,281 | -90.0% |
| Other operating charges | 640/8 | €284 | €187 | -€96 | -34.0% |
| Gross operating margin | 9900 | €4,901 | €72,073 | +€67,172 | +1370.6% |
| Operating profit (loss) | 9901 | €3,193 | €71,743 | +€68,549 | +2146.6% |
| Financial income | 75/76B | €626 | €859 | +€233 | +37.2% |
| Recurring financial income | 75 | €626 | €785 | +€158 | +25.3% |
| Non-recurring financial income | 76B | - | €74 | +€74 | |
| Financial charges | 65/66B | €99 | €55 | -€44 | -44.5% |
| Recurring financial charges | 65 | €99 | €55 | -€44 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €3,721 | €72,547 | +€68,826 | +1849.8% |
| Income taxes | 67/77 | €1,480 | €15,167 | +€13,686 | +924.5% |
| Profit (loss) for the period | 9904 | €2,240 | €57,381 | +€55,140 | +2461.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,240 | €57,381 | +€55,140 | +2461.3% |
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 7 October 2026 via checked.be.