OVDV: 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.
OVDV
Largest movements
- Tangible fixed assets +€17,336
up €17,336 (+1587.8%), from €1,092 to €18,428
of which Furniture and vehicles: +€12,291
- Cash -€2,258
down €2,258 (-16.8%), from €13,472 to €11,214
mainly Investment in fixed assets (net) (-€21,176) and Tax, wage and social debts (-€1,964)
- Receivables within one year +€1,835
up €1,835 (+104.5%), from €1,756 to €3,590
of which Trade receivables: +€1,595
- Debts after one year +€8,512
new in 2025: €8,512
- Current portion of long-term debt +€4,892
new in 2025: €4,892
- Reserves +€3,749
up €3,749 (+38.0%), from €9,855 to €13,604
- Trade debts +€1,981
up €1,981 (+105.5%), from €1,877 to €3,858
- Tax, wage and social debts -€1,964
down €1,964 (-45.8%), from €4,288 to €2,324
- Gross operating margin -€4,674
down €4,674 (-29.9%), from €15,619 to €10,945
- Depreciation +€3,432
up €3,432 (+840.7%), from €408 to €3,840
- Taxes -€2,159
down €2,159 (-60.0%), from €3,596 to €1,437
- Financial charges +€217
new in 2025: €217
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 | €17,396 | €34,603 | +€17,207 | +98.9% |
| Fixed assets | 21/28 | €1,092 | €18,428 | +€17,336 | +1587.8% |
| Tangible fixed assets | 22/27 | €1,092 | €18,428 | +€17,336 | +1587.8% |
| Plant, machinery and equipment | 23 | - | €5,045 | +€5,045 | |
| Furniture and vehicles | 24 | €1,092 | €13,383 | +€12,291 | +1125.8% |
| Current assets | 29/58 | €16,304 | €16,175 | -€129 | -0.8% |
| Amounts receivable within one year | 40/41 | €1,756 | €3,590 | +€1,835 | +104.5% |
| Trade receivables | 40 | €1,756 | €3,351 | +€1,595 | +90.9% |
| Other amounts receivable | 41 | - | €240 | +€240 | |
| Cash at bank and in hand | 54/58 | €13,472 | €11,214 | -€2,258 | -16.8% |
| Deferred charges and accrued income | 490/1 | €1,077 | €1,371 | +€294 | +27.3% |
| Total equity and liabilities | 10/49 | €17,396 | €34,603 | +€17,207 | +98.9% |
| Equity | 10/15 | €9,955 | €13,704 | +€3,749 | +37.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €9,855 | €13,604 | +€3,749 | +38.0% |
| Distributable reserves | 133 | €9,855 | €13,604 | +€3,749 | +38.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,441 | €20,899 | +€13,458 | +180.9% |
| Amounts payable after more than one year | 17 | - | €8,512 | +€8,512 | |
| Financial debts | 170/4 | - | €8,512 | +€8,512 | |
| Amounts payable within one year | 42/48 | €7,441 | €12,387 | +€4,945 | +66.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,892 | +€4,892 | |
| Trade debts | 44 | €1,877 | €3,858 | +€1,981 | +105.5% |
| Suppliers | 440/4 | €1,877 | €3,858 | +€1,981 | +105.5% |
| Taxes, remuneration and social security | 45 | €4,288 | €2,324 | -€1,964 | -45.8% |
| Taxes | 450/3 | €4,288 | €2,324 | -€1,964 | -45.8% |
| Other amounts payable | 47/48 | €1,276 | €1,313 | +€37 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €408 | €3,840 | +€3,432 | +840.7% |
| Other operating charges | 640/8 | €900 | €889 | -€11 | -1.2% |
| Gross operating margin | 9900 | €15,619 | €10,945 | -€4,674 | -29.9% |
| Operating profit (loss) | 9901 | €14,310 | €6,216 | -€8,094 | -56.6% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | - | €217 | +€217 | |
| Recurring financial charges | 65 | - | €217 | +€217 | |
| Profit (loss) for the period before taxes | 9903 | €14,310 | €6,019 | -€8,291 | -57.9% |
| Income taxes | 67/77 | €3,596 | €1,437 | -€2,159 | -60.0% |
| Profit (loss) for the period | 9904 | €10,714 | €4,582 | -€6,132 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,714 | €4,582 | -€6,132 | -57.2% |
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 5 October 2026 via checked.be.