OVALIE MANAGEMENT: 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.
OVALIE MANAGEMENT
Largest movements
- Deferred charges and accrued income -€25,098
down €25,098 (-92.1%), from €27,244 to €2,145
- Receivables within one year +€16,507
up €16,507 (+97.0%), from €17,010 to €33,518
of which Other amounts receivable: +€14,741
- Cash +€3,352
up €3,352 (+9.4%), from €35,562 to €38,914
mainly Deferred charges and accrued income (+€25,098) and Net result for the year (+€793)
- Tangible fixed assets +€3,270
new in 2025: €3,270
- Trade debts -€2,791
down €2,791 (-32.4%), from €8,612 to €5,821
- Gross operating margin -€36,466
down €36,466 (-68.6%), from €53,136 to €16,670
- Turnover -€26,669
down €26,669 (-10.8%), from €247,746 to €221,077
- Purchases and services +€9,797
up €9,797 (+5.0%), from €194,610 to €204,407
- Taxes -€6,898
down €6,898 (-50.7%), from €13,608 to €6,710
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 | €81,115 | €79,147 | -€1,969 | -2.4% |
| Fixed assets | 21/28 | €1,300 | €4,570 | +€3,270 | +252% |
| Tangible fixed assets | 22/27 | - | €3,270 | +€3,270 | |
| Furniture and vehicles | 24 | - | €3,270 | +€3,270 | |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €79,815 | €74,577 | -€5,239 | -6.6% |
| Amounts receivable within one year | 40/41 | €17,010 | €33,518 | +€16,507 | +97.0% |
| Trade receivables | 40 | €1,212 | €2,978 | +€1,766 | +146% |
| Other amounts receivable | 41 | €15,798 | €30,539 | +€14,741 | +93.3% |
| Cash at bank and in hand | 54/58 | €35,562 | €38,914 | +€3,352 | +9.4% |
| Deferred charges and accrued income | 490/1 | €27,244 | €2,145 | -€25,098 | -92.1% |
| Total equity and liabilities | 10/49 | €81,115 | €79,147 | -€1,969 | -2.4% |
| Equity | 10/15 | €51,998 | €52,791 | +€793 | +1.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €50,998 | €51,791 | +€793 | +1.6% |
| Distributable reserves | 133 | €50,998 | €51,791 | +€793 | +1.6% |
| Amounts payable | 17/49 | €29,118 | €26,356 | -€2,762 | -9.5% |
| Amounts payable within one year | 42/48 | €29,096 | €26,138 | -€2,958 | -10.2% |
| Trade debts | 44 | €8,612 | €5,821 | -€2,791 | -32.4% |
| Suppliers | 440/4 | €8,612 | €5,821 | -€2,791 | -32.4% |
| Taxes, remuneration and social security | 45 | €20,484 | €20,317 | -€167 | -0.8% |
| Taxes | 450/3 | €20,484 | €20,317 | -€167 | -0.8% |
| Accrued charges and deferred income | 492/3 | €21 | €217 | +€196 | +916% |
| Turnover | 70 | €247,746 | €221,077 | -€26,669 | -10.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €194,610 | €204,407 | +€9,797 | +5.0% |
| Remuneration, social security and pensions | 62 | €1,658 | €1,658 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €390 | +€390 | |
| Other operating charges | 640/8 | €522 | €360 | -€162 | -31.0% |
| Non-recurring operating charges | 66A | €2,927 | €1,113 | -€1,814 | -62.0% |
| Gross operating margin | 9900 | €53,136 | €16,670 | -€36,466 | -68.6% |
| Operating profit (loss) | 9901 | €48,029 | €13,149 | -€34,880 | -72.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €5,525 | €5,649 | +€124 | +2.2% |
| Recurring financial charges | 65 | €5,525 | €5,649 | +€124 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €42,504 | €7,504 | -€35,000 | -82.3% |
| Income taxes | 67/77 | €13,608 | €6,710 | -€6,898 | -50.7% |
| Profit (loss) for the period | 9904 | €28,896 | €793 | -€28,103 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,896 | €793 | -€28,103 | -97.3% |
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 16 October 2026 via checked.be.