OVEIPO: 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.
OVEIPO
Largest movements
- Tangible fixed assets -€30,375
down €30,375 (-7.9%), from €385,912 to €355,537
of which Land and buildings: -€30,882
- Other debts -€27,900
down €27,900 (-20.2%), from €137,920 to €110,020
- Gross operating margin +€49,762
up €49,762, from -€16,037 to €33,725
- Other operating charges +€2,645
up €2,645 (+137.1%), from €1,929 to €4,575
- Depreciation -€359
down €359 (-1.1%), from €31,918 to €31,560
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 | €386,626 | €356,062 | -€30,564 | -7.9% |
| Fixed assets | 21/28 | €385,912 | €355,537 | -€30,375 | -7.9% |
| Tangible fixed assets | 22/27 | €385,912 | €355,537 | -€30,375 | -7.9% |
| Land and buildings | 22 | €382,291 | €351,409 | -€30,882 | -8.1% |
| Plant, machinery and equipment | 23 | - | €1,007 | +€1,007 | |
| Furniture and vehicles | 24 | €3,621 | €3,121 | -€500 | -13.8% |
| Current assets | 29/58 | €713 | €525 | -€189 | -26.5% |
| Cash at bank and in hand | 54/58 | €713 | €525 | -€189 | -26.5% |
| Total equity and liabilities | 10/49 | €386,626 | €356,062 | -€30,564 | -7.9% |
| Equity | 10/15 | €248,621 | €246,042 | -€2,579 | -1.0% |
| Contributions | 10/11 | €510,000 | €510,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€261,379 | -€263,958 | -€2,579 | -1.0% |
| Amounts payable | 17/49 | €138,005 | €110,020 | -€27,985 | -20.3% |
| Amounts payable within one year | 42/48 | €138,005 | €110,020 | -€27,985 | -20.3% |
| Trade debts | 44 | €85 | - | -€85 | |
| Suppliers | 440/4 | €85 | - | -€85 | |
| Other amounts payable | 47/48 | €137,920 | €110,020 | -€27,900 | -20.2% |
| Non-recurring operating income | 76A | - | €50,000 | +€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,918 | €31,560 | -€359 | -1.1% |
| Other operating charges | 640/8 | €1,929 | €4,575 | +€2,645 | +137.1% |
| Gross operating margin | 9900 | -€16,037 | €33,725 | +€49,762 | |
| Operating profit (loss) | 9901 | -€49,885 | -€2,410 | +€47,475 | +95.2% |
| Financial charges | 65/66B | €80 | €169 | +€89 | +111.7% |
| Recurring financial charges | 65 | €80 | €169 | +€89 | +111.7% |
| Profit (loss) for the period before taxes | 9903 | -€49,965 | -€2,579 | +€47,386 | +94.8% |
| Profit (loss) for the period | 9904 | -€49,965 | -€2,579 | +€47,386 | +94.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,965 | -€2,579 | +€47,386 | +94.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.