Ovamo: 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.
Ovamo
Largest movements
- Tangible fixed assets -€14,487
down €14,487 (-40.6%), from €35,663 to €21,176
- Receivables within one year +€6,597
up €6,597 (+36.5%), from €18,081 to €24,679
of which Trade receivables: +€8,645
- Cash +€1,768
up €1,768 (+39.1%), from €4,517 to €6,285
mainly Depreciation (+€15,213) and Trade debts (+€2,928)
- Deferred charges and accrued income -€1,633
down €1,633 (-62.3%), from €2,624 to €990
- Intangible fixed assets -€726
down €726 (-50.4%), from €1,439 to €713
- Profit (loss) carried forward -€6,380
down €6,380 (-17.8%), from €35,790 to €29,410
- Tax, wage and social debts -€4,954
down €4,954 (-86.3%), from €5,740 to €786
- Trade debts +€2,928
up €2,928 (+407%), from €719 to €3,647
- Gross operating margin -€34,509
down €34,509 (-78.2%), from €44,135 to €9,626
- Taxes -€7,601
down €7,601 (-97.9%), from €7,768 to €166
- Depreciation +€3,918
up €3,918 (+34.7%), from €11,294 to €15,213
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 | €62,324 | €53,843 | -€8,481 | -13.6% |
| Fixed assets | 21/28 | €37,102 | €21,889 | -€15,213 | -41.0% |
| Intangible fixed assets | 21 | €1,439 | €713 | -€726 | -50.4% |
| Tangible fixed assets | 22/27 | €35,663 | €21,176 | -€14,487 | -40.6% |
| Plant, machinery and equipment | 23 | €12,526 | €6,076 | -€6,450 | -51.5% |
| Furniture and vehicles | 24 | €14,253 | €8,485 | -€5,769 | -40.5% |
| Other tangible fixed assets | 26 | €8,884 | €6,616 | -€2,268 | -25.5% |
| Current assets | 29/58 | €25,222 | €31,954 | +€6,732 | +26.7% |
| Amounts receivable within one year | 40/41 | €18,081 | €24,679 | +€6,597 | +36.5% |
| Trade receivables | 40 | €10,110 | €18,755 | +€8,645 | +85.5% |
| Other amounts receivable | 41 | €7,971 | €5,924 | -€2,047 | -25.7% |
| Cash at bank and in hand | 54/58 | €4,517 | €6,285 | +€1,768 | +39.1% |
| Deferred charges and accrued income | 490/1 | €2,624 | €990 | -€1,633 | -62.3% |
| Total equity and liabilities | 10/49 | €62,324 | €53,843 | -€8,481 | -13.6% |
| Equity | 10/15 | €55,790 | €49,410 | -€6,380 | -11.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,790 | €29,410 | -€6,380 | -17.8% |
| Amounts payable | 17/49 | €6,534 | €4,433 | -€2,101 | -32.2% |
| Amounts payable within one year | 42/48 | €6,534 | €4,433 | -€2,101 | -32.2% |
| Trade debts | 44 | €719 | €3,647 | +€2,928 | +407% |
| Suppliers | 440/4 | €719 | €3,647 | +€2,928 | +407% |
| Taxes, remuneration and social security | 45 | €5,740 | €786 | -€4,954 | -86.3% |
| Taxes | 450/3 | €5,740 | €786 | -€4,954 | -86.3% |
| Other amounts payable | 47/48 | €75 | - | -€75 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,294 | €15,213 | +€3,918 | +34.7% |
| Other operating charges | 640/8 | €297 | €246 | -€51 | -17.0% |
| Gross operating margin | 9900 | €44,135 | €9,626 | -€34,509 | -78.2% |
| Operating profit (loss) | 9901 | €32,544 | -€5,833 | -€38,377 | |
| Financial income | 75/76B | €1 | €4 | +€3 | +295% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +295% |
| Financial charges | 65/66B | €817 | €383 | -€433 | -53.1% |
| Recurring financial charges | 65 | €817 | €383 | -€433 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €31,728 | -€6,213 | -€37,941 | |
| Income taxes | 67/77 | €7,768 | €166 | -€7,601 | -97.9% |
| Profit (loss) for the period | 9904 | €23,960 | -€6,380 | -€30,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,960 | -€6,380 | -€30,340 |
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 29 October 2026 via checked.be.