OVERATH: 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.
OVERATH
Largest movements
- Tangible fixed assets -€236,289
down €236,289 (-95.2%), from €248,212 to €11,923
of which Land and buildings: -€226,163
- Stocks and contracts -€45,776
down €45,776 (-72.6%), from €63,055 to €17,278
of which Contracts in progress: -€41,944
- Receivables within one year +€45,768
up €45,768 (+29.5%), from €155,404 to €201,172
of which Trade receivables: +€51,905
- Cash +€17,762
up €17,762 (+704%), from €2,523 to €20,285
mainly Investment in fixed assets (net) (+€225,890) and Net result for the year (+€125,513)
- Deferred charges and accrued income -€9,192
down €9,192 (-94.8%), from €9,701 to €509
- Trade debts -€209,093
down €209,093 (-74.0%), from €282,492 to €73,399
- Profit (loss) carried forward +€125,513
up €125,513 (+37.9%), from -€331,131 to -€205,617
- Debts after one year -€117,375
no longer reported in 2025 (was €117,375)
- Other debts +€104,227
up €104,227 (+81.3%), from €128,232 to €232,458
- Tax, wage and social debts -€89,667
down €89,667 (-81.1%), from €110,575 to €20,908
of which Remuneration and social security: -€87,278
- Gross operating margin +€335,163
up €335,163 (+121%), from €277,484 to €612,648
- Staff costs +€56,860
up €56,860 (+16.5%), from €345,612 to €402,472
- Financial charges +€34,002
up €34,002 (+144%), from €23,573 to €57,575
- Financial income +€25,792
up €25,792 (+137,193%), from €19 to €25,811
- Depreciation -€22,116
down €22,116 (-68.0%), from €32,514 to €10,398
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 | €481,380 | €253,490 | -€227,890 | -47.3% |
| Fixed assets | 21/28 | €250,535 | €14,246 | -€236,289 | -94.3% |
| Tangible fixed assets | 22/27 | €248,212 | €11,923 | -€236,289 | -95.2% |
| Land and buildings | 22 | €226,163 | - | -€226,163 | |
| Plant, machinery and equipment | 23 | - | €258 | +€258 | |
| Furniture and vehicles | 24 | €22,048 | €11,664 | -€10,384 | -47.1% |
| Financial fixed assets | 28 | €2,323 | €2,323 | = | 0.0% |
| Current assets | 29/58 | €230,846 | €239,244 | +€8,398 | +3.6% |
| Stocks and contracts in progress | 3 | €63,055 | €17,278 | -€45,776 | -72.6% |
| Stocks | 30/36 | €21,111 | €17,278 | -€3,832 | -18.2% |
| Contracts in progress | 37 | €41,944 | - | -€41,944 | |
| Amounts receivable within one year | 40/41 | €155,404 | €201,172 | +€45,768 | +29.5% |
| Trade receivables | 40 | €144,880 | €196,784 | +€51,905 | +35.8% |
| Other amounts receivable | 41 | €10,524 | €4,387 | -€6,137 | -58.3% |
| Current investments | 50/53 | €163 | - | -€163 | |
| Cash at bank and in hand | 54/58 | €2,523 | €20,285 | +€17,762 | +704% |
| Deferred charges and accrued income | 490/1 | €9,701 | €509 | -€9,192 | -94.8% |
| Total equity and liabilities | 10/49 | €481,380 | €253,490 | -€227,890 | -47.3% |
| Equity | 10/15 | -€198,789 | -€73,275 | +€125,513 | +63.1% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Reserves | 13 | €13,750 | €13,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,750 | €13,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€331,131 | -€205,617 | +€125,513 | +37.9% |
| Amounts payable | 17/49 | €680,169 | €326,766 | -€353,404 | -52.0% |
| Amounts payable after more than one year | 17 | €117,375 | - | -€117,375 | |
| Financial debts | 170/4 | €117,375 | - | -€117,375 | |
| Amounts payable within one year | 42/48 | €562,795 | €326,766 | -€236,029 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €16,836 | - | -€16,836 | |
| Financial debts | 43 | €24,661 | - | -€24,661 | |
| Credit institutions | 430/8 | €24,661 | - | -€24,661 | |
| Trade debts | 44 | €282,492 | €73,399 | -€209,093 | -74.0% |
| Suppliers | 440/4 | €282,492 | €73,399 | -€209,093 | -74.0% |
| Taxes, remuneration and social security | 45 | €110,575 | €20,908 | -€89,667 | -81.1% |
| Taxes | 450/3 | €3,966 | €1,577 | -€2,389 | -60.2% |
| Remuneration and social security | 454/9 | €106,609 | €19,331 | -€87,278 | -81.9% |
| Other amounts payable | 47/48 | €128,232 | €232,458 | +€104,227 | +81.3% |
| Non-recurring operating income | 76A | - | €148,837 | +€148,837 | |
| Remuneration, social security and pensions | 62 | €345,612 | €402,472 | +€56,860 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,514 | €10,398 | -€22,116 | -68.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,266 | +€17,266 | |
| Other operating charges | 640/8 | €3,947 | €24,959 | +€21,012 | +532% |
| Gross operating margin | 9900 | €277,484 | €612,648 | +€335,163 | +121% |
| Operating profit (loss) | 9901 | -€104,589 | €157,552 | +€262,140 | |
| Financial income | 75/76B | €19 | €25,811 | +€25,792 | +137,193% |
| Recurring financial income | 75 | €19 | €25,811 | +€25,792 | +137,193% |
| Financial charges | 65/66B | €23,573 | €57,575 | +€34,002 | +144% |
| Recurring financial charges | 65 | €23,573 | €57,575 | +€34,002 | +144% |
| Profit (loss) for the period before taxes | 9903 | -€128,143 | €125,787 | +€253,931 | |
| Income taxes | 67/77 | €274 | €274 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€128,417 | €125,513 | +€253,931 | |
| Profit (loss) for the period to be appropriated | 9905 | -€128,417 | €125,513 | +€253,931 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.