OVALBUILD: 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.
OVALBUILD
Largest movements
- Tangible fixed assets +€17,925
up €17,925 (+479.8%), from €3,736 to €21,661
of which Furniture and vehicles: +€18,281
- Receivables within one year +€16,485
up €16,485 (+30.8%), from €53,601 to €70,086
of which Trade receivables: +€12,766
- Deferred charges and accrued income +€10,724
up €10,724 (+16.8%), from €63,784 to €74,508
- Cash -€6,752
down €6,752 (-93.9%), from €7,193 to €440
mainly Investment in fixed assets (net) (-€20,880) and Receivables within one year (-€16,485)
- Stocks and contracts -€4,720
down €4,720 (-50.5%), from €9,340 to €4,621
- Trade debts +€26,730
up €26,730 (+124.2%), from €21,519 to €48,249
- Other debts +€9,315
up €9,315 (+14.5%), from €64,133 to €73,448
- Tax, wage and social debts -€2,435
down €2,435 (-77.5%), from €3,141 to €706
of which Remuneration and social security: -€1,956
- Gross operating margin +€2,647
up €2,647 (+165.9%), from €1,596 to €4,243
- Depreciation +€2,440
up €2,440 (+473.7%), from €515 to €2,955
- Other operating charges -€560
down €560 (-74.8%), from €749 to €189
- Taxes +€541
up €541 (+328.8%), from €165 to €706
- Financial charges +€156
up €156 (+61.1%), from €256 to €412
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 | €137,654 | €171,317 | +€33,663 | +24.5% |
| Fixed assets | 21/28 | €3,736 | €21,661 | +€17,925 | +479.8% |
| Tangible fixed assets | 22/27 | €3,736 | €21,661 | +€17,925 | +479.8% |
| Plant, machinery and equipment | 23 | €1,187 | €831 | -€356 | -30.0% |
| Furniture and vehicles | 24 | €2,550 | €20,830 | +€18,281 | +717.0% |
| Current assets | 29/58 | €133,918 | €149,655 | +€15,738 | +11.8% |
| Stocks and contracts in progress | 3 | €9,340 | €4,621 | -€4,720 | -50.5% |
| Stocks | 30/36 | €9,340 | €4,621 | -€4,720 | -50.5% |
| Amounts receivable within one year | 40/41 | €53,601 | €70,086 | +€16,485 | +30.8% |
| Trade receivables | 40 | €53,330 | €66,096 | +€12,766 | +23.9% |
| Other amounts receivable | 41 | €271 | €3,990 | +€3,719 | +1372.5% |
| Cash at bank and in hand | 54/58 | €7,193 | €440 | -€6,752 | -93.9% |
| Deferred charges and accrued income | 490/1 | €63,784 | €74,508 | +€10,724 | +16.8% |
| Total equity and liabilities | 10/49 | €137,654 | €171,317 | +€33,663 | +24.5% |
| Equity | 10/15 | €48,861 | €48,913 | +€52 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,401 | €28,453 | +€52 | +0.2% |
| Amounts payable | 17/49 | €88,793 | €122,403 | +€33,611 | +37.9% |
| Amounts payable within one year | 42/48 | €88,793 | €122,403 | +€33,611 | +37.9% |
| Trade debts | 44 | €21,519 | €48,249 | +€26,730 | +124.2% |
| Suppliers | 440/4 | €21,519 | €48,249 | +€26,730 | +124.2% |
| Taxes, remuneration and social security | 45 | €3,141 | €706 | -€2,435 | -77.5% |
| Taxes | 450/3 | €1,184 | €706 | -€478 | -40.4% |
| Remuneration and social security | 454/9 | €1,956 | €0 | -€1,956 | -100.0% |
| Other amounts payable | 47/48 | €64,133 | €73,448 | +€9,315 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515 | €2,955 | +€2,440 | +473.7% |
| Other operating charges | 640/8 | €749 | €189 | -€560 | -74.8% |
| Gross operating margin | 9900 | €1,596 | €4,243 | +€2,647 | +165.9% |
| Operating profit (loss) | 9901 | €331 | €1,099 | +€768 | +231.7% |
| Financial income | 75/76B | €109 | €71 | -€37 | -34.2% |
| Recurring financial income | 75 | €109 | €71 | -€37 | -34.2% |
| Financial charges | 65/66B | €256 | €412 | +€156 | +61.1% |
| Recurring financial charges | 65 | €256 | €412 | +€156 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | €184 | €758 | +€574 | +311.7% |
| Income taxes | 67/77 | €165 | €706 | +€541 | +328.8% |
| Profit (loss) for the period | 9904 | €19 | €52 | +€33 | +167.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19 | €52 | +€33 | +167.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.