OVE CONSTRUCT: 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.
OVE CONSTRUCT
Largest movements
- Receivables within one year -€13,695
down €13,695 (-33.7%), from €40,640 to €26,945
of which Other amounts receivable: -€25,087
- Tangible fixed assets -€7,734
no longer reported in 2024 (was €7,734)
- Deferred charges and accrued income +€1,151
up €1,151 (+1247.3%), from €92 to €1,243
- Debts after one year -€13,734
no longer reported in 2024 (was €13,734)
- Profit (loss) carried forward -€8,491
down €8,491 (-46.8%), from €18,158 to €9,667
- Tax, wage and social debts +€3,165
up €3,165 (+37.6%), from €8,420 to €11,585
- Current portion of long-term debt -€1,749
down €1,749 (-34.3%), from €5,101 to €3,352
- Gross operating margin -€37,784
down €37,784, from €37,408 to -€375
- Taxes -€11,767
no longer reported in 2024 (was €11,767)
- Depreciation -€7,734
no longer reported in 2024 (was €7,734)
- Financial charges +€6,248
up €6,248 (+1020.0%), from €613 to €6,861
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,314 | €32,630 | -€20,683 | -38.8% |
| Fixed assets | 21/28 | €7,734 | - | -€7,734 | |
| Tangible fixed assets | 22/27 | €7,734 | - | -€7,734 | |
| Leasing and similar rights | 25 | €7,734 | - | -€7,734 | |
| Current assets | 29/58 | €45,580 | €32,630 | -€12,950 | -28.4% |
| Amounts receivable within one year | 40/41 | €40,640 | €26,945 | -€13,695 | -33.7% |
| Trade receivables | 40 | €7,693 | €19,085 | +€11,392 | +148.1% |
| Other amounts receivable | 41 | €32,946 | €7,860 | -€25,087 | -76.1% |
| Cash at bank and in hand | 54/58 | €4,848 | €4,443 | -€406 | -8.4% |
| Deferred charges and accrued income | 490/1 | €92 | €1,243 | +€1,151 | +1247.3% |
| Total equity and liabilities | 10/49 | €53,314 | €32,630 | -€20,683 | -38.8% |
| Equity | 10/15 | €26,059 | €17,568 | -€8,491 | -32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,701 | €1,701 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,701 | €1,701 | = | 0.0% |
| Other | 1319 | €1,701 | €1,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,158 | €9,667 | -€8,491 | -46.8% |
| Amounts payable | 17/49 | €27,254 | €15,062 | -€12,192 | -44.7% |
| Amounts payable after more than one year | 17 | €13,734 | - | -€13,734 | |
| Financial debts | 170/4 | €13,734 | - | -€13,734 | |
| Amounts payable within one year | 42/48 | €13,521 | €15,062 | +€1,541 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €5,101 | €3,352 | -€1,749 | -34.3% |
| Trade debts | 44 | - | €125 | +€125 | |
| Suppliers | 440/4 | - | €125 | +€125 | |
| Taxes, remuneration and social security | 45 | €8,420 | €11,585 | +€3,165 | +37.6% |
| Taxes | 450/3 | €8,420 | €11,585 | +€3,165 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,734 | - | -€7,734 | |
| Other operating charges | 640/8 | €1,621 | €1,255 | -€367 | -22.6% |
| Non-recurring operating charges | 66A | €2,300 | - | -€2,300 | |
| Gross operating margin | 9900 | €37,408 | -€375 | -€37,784 | |
| Operating profit (loss) | 9901 | €25,754 | -€1,630 | -€27,384 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €613 | €6,861 | +€6,248 | +1020.0% |
| Recurring financial charges | 65 | €613 | €6,861 | +€6,248 | +1020.0% |
| Profit (loss) for the period before taxes | 9903 | €25,141 | -€8,491 | -€33,632 | |
| Income taxes | 67/77 | €11,767 | - | -€11,767 | |
| Profit (loss) for the period | 9904 | €13,374 | -€8,491 | -€21,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,374 | -€8,491 | -€21,865 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.