OCULUS OOGARTSEN: what changed
Two financial 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.
OCULUS OOGARTSEN
Largest movements
- Intangible fixed assets -€616,816
down €616,816 (-12.8%), from €4.8m to €4.2m
- Cash +€264,499
up €264,499 (+81.5%), from €324,529 to €589,028
mainly Depreciation (+€825,677) and Net result for the year (+€119,253)
- Tangible fixed assets -€204,713
down €204,713 (-23.1%), from €887,489 to €682,776
of which Plant, machinery and equipment: -€159,022
- Debts after one year -€842,824
down €842,824 (-25.0%), from €3.4m to €2.5m
- Other debts -€132,626
down €132,626 (-11.1%), from €1.2m to €1.1m
- Reserves +€119,253
up €119,253 (+33.1%), from €360,043 to €479,296
- Trade debts +€102,098
up €102,098 (+37.3%), from €273,717 to €375,815
- Accrued charges and deferred income +€96,566
up €96,566 (+23.3%), from €414,153 to €510,719
- Depreciation +€39,197
up €39,197 (+5.0%), from €786,481 to €825,677
- Financial charges -€33,891
down €33,891 (-25.1%), from €135,039 to €101,148
- Gross operating margin +€28,294
up €28,294 (+1.9%), from €1.5m to €1.5m
- Staff costs +€17,105
up €17,105 (+4.7%), from €367,137 to €384,241
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.
Derived cash bridge
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 | €6,564,084 | €5,963,471 | -€600,613 | -9.1% |
| Fixed assets | 21/28 | €5,772,434 | €4,950,905 | -€821,529 | -14.2% |
| Intangible fixed assets | 21 | €4,822,995 | €4,206,179 | -€616,816 | -12.8% |
| Tangible fixed assets | 22/27 | €887,489 | €682,776 | -€204,713 | -23.1% |
| Plant, machinery and equipment | 23 | €642,111 | €483,089 | -€159,022 | -24.8% |
| Furniture and vehicles | 24 | €37,409 | €16,748 | -€20,661 | -55.2% |
| Other tangible fixed assets | 26 | €207,969 | €182,939 | -€25,030 | -12.0% |
| Financial fixed assets | 28 | €61,950 | €61,950 | = | 0.0% |
| Current assets | 29/58 | €791,650 | €1,012,566 | +€220,917 | +27.9% |
| Stocks and contracts in progress | 3 | €25,937 | €25,937 | = | 0.0% |
| Stocks | 30/36 | €25,937 | €25,937 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €415,512 | €358,313 | -€57,199 | -13.8% |
| Trade receivables | 40 | €403,845 | €349,246 | -€54,599 | -13.5% |
| Other amounts receivable | 41 | €11,667 | €9,066 | -€2,600 | -22.3% |
| Cash at bank and in hand | 54/58 | €324,529 | €589,028 | +€264,499 | +81.5% |
| Deferred charges and accrued income | 490/1 | €25,672 | €39,289 | +€13,617 | +53.0% |
| Total equity and liabilities | 10/49 | €6,564,084 | €5,963,471 | -€600,613 | -9.1% |
| Equity | 10/15 | €400,043 | €519,296 | +€119,253 | +29.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €360,043 | €479,296 | +€119,253 | +33.1% |
| Distributable reserves | 133 | €360,043 | €479,296 | +€119,253 | +33.1% |
| Amounts payable | 17/49 | €6,164,040 | €5,444,175 | -€719,866 | -11.7% |
| Amounts payable after more than one year | 17 | €3,364,723 | €2,521,899 | -€842,824 | -25.0% |
| Financial debts | 170/4 | €3,364,723 | €2,521,899 | -€842,824 | -25.0% |
| Amounts payable within one year | 42/48 | €2,385,164 | €2,411,557 | +€26,393 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €873,897 | €929,491 | +€55,593 | +6.4% |
| Trade debts | 44 | €273,717 | €375,815 | +€102,098 | +37.3% |
| Suppliers | 440/4 | €273,717 | €375,815 | +€102,098 | +37.3% |
| Taxes, remuneration and social security | 45 | €41,583 | €42,910 | +€1,327 | +3.2% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €41,583 | €42,910 | +€1,327 | +3.2% |
| Other amounts payable | 47/48 | €1,195,967 | €1,063,341 | -€132,626 | -11.1% |
| Accrued charges and deferred income | 492/3 | €414,153 | €510,719 | +€96,566 | +23.3% |
| Remuneration, social security and pensions | 62 | €367,137 | €384,241 | +€17,105 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €786,481 | €825,677 | +€39,197 | +5.0% |
| Other operating charges | 640/8 | €15,272 | €13,948 | -€1,324 | -8.7% |
| Gross operating margin | 9900 | €1,457,990 | €1,486,284 | +€28,294 | +1.9% |
| Operating profit (loss) | 9901 | €289,101 | €262,417 | -€26,683 | -9.2% |
| Financial income | 75/76B | €223 | €917 | +€694 | +311% |
| Recurring financial income | 75 | €223 | €917 | +€694 | +311% |
| Financial charges | 65/66B | €135,039 | €101,148 | -€33,891 | -25.1% |
| Recurring financial charges | 65 | €135,039 | €101,148 | -€33,891 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €154,285 | €162,186 | +€7,901 | +5.1% |
| Income taxes | 67/77 | €34,283 | €42,934 | +€8,650 | +25.2% |
| Profit (loss) for the period | 9904 | €120,002 | €119,253 | -€749 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €120,002 | €119,253 | -€749 | -0.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.