OVERCO: 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.
OVERCO
Largest movements
- Cash +€133,093
up €133,093 (+369%), from €36,107 to €169,200
mainly Net result for the year (+€113,821) and Tax, wage and social debts (+€55,803)
- Tangible fixed assets +€51,584
up €51,584 (+4,104%), from €1,257 to €52,841
- Receivables within one year -€15,604
down €15,604 (-38.4%), from €40,643 to €25,039
of which Trade receivables: -€15,634
- Current investments +€12,705
up €12,705 (+77.0%), from €16,500 to €29,205
- Reserves +€112,988
up €112,988 (+191%), from €59,021 to €172,009
- Tax, wage and social debts +€55,803
up €55,803 (+178%), from €31,328 to €87,130
- Trade debts +€9,308
up €9,308 (+146%), from €6,391 to €15,699
- Gross operating margin +€97,991
up €97,991 (+124%), from €78,870 to €176,861
- Taxes +€34,461
up €34,461 (+199%), from €17,286 to €51,747
- Depreciation +€10,238
up €10,238 (+626%), from €1,637 to €11,875
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 | €100,572 | €278,962 | +€178,390 | +177% |
| Formation expenses | 20 | €1,730 | €0 | -€1,730 | -100% |
| Fixed assets | 21/28 | €1,257 | €52,841 | +€51,584 | +4,104% |
| Tangible fixed assets | 22/27 | €1,257 | €52,841 | +€51,584 | +4,104% |
| Furniture and vehicles | 24 | €1,257 | €52,841 | +€51,584 | +4,104% |
| Current assets | 29/58 | €97,585 | €226,121 | +€128,537 | +132% |
| Amounts receivable within one year | 40/41 | €40,643 | €25,039 | -€15,604 | -38.4% |
| Trade receivables | 40 | €40,560 | €24,926 | -€15,634 | -38.5% |
| Other amounts receivable | 41 | €83 | €113 | +€30 | +36.1% |
| Current investments | 50/53 | €16,500 | €29,205 | +€12,705 | +77.0% |
| Cash at bank and in hand | 54/58 | €36,107 | €169,200 | +€133,093 | +369% |
| Deferred charges and accrued income | 490/1 | €4,335 | €2,677 | -€1,657 | -38.2% |
| Total equity and liabilities | 10/49 | €100,572 | €278,962 | +€178,390 | +177% |
| Equity | 10/15 | €62,021 | €175,009 | +€112,988 | +182% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €59,021 | €172,009 | +€112,988 | +191% |
| Distributable reserves | 133 | €59,021 | €172,009 | +€112,988 | +191% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,552 | €103,954 | +€65,402 | +170% |
| Amounts payable within one year | 42/48 | €38,552 | €103,887 | +€65,335 | +169% |
| Trade debts | 44 | €6,391 | €15,699 | +€9,308 | +146% |
| Suppliers | 440/4 | €6,391 | €15,699 | +€9,308 | +146% |
| Taxes, remuneration and social security | 45 | €31,328 | €87,130 | +€55,803 | +178% |
| Taxes | 450/3 | €31,328 | €87,130 | +€55,803 | +178% |
| Other amounts payable | 47/48 | €833 | €1,058 | +€225 | +27.0% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,637 | €11,875 | +€10,238 | +626% |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €78,870 | €176,861 | +€97,991 | +124% |
| Operating profit (loss) | 9901 | €77,183 | €164,987 | +€87,803 | +114% |
| Financial income | 75/76B | €15 | €661 | +€646 | +4,300% |
| Recurring financial income | 75 | €15 | €661 | +€646 | +4,300% |
| Financial charges | 65/66B | €59 | €79 | +€20 | +34.7% |
| Recurring financial charges | 65 | €59 | €79 | +€20 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €77,140 | €165,568 | +€88,428 | +115% |
| Income taxes | 67/77 | €17,286 | €51,747 | +€34,461 | +199% |
| Profit (loss) for the period | 9904 | €59,854 | €113,821 | +€53,967 | +90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,854 | €113,821 | +€53,967 | +90.2% |
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 15 October 2026 via checked.be.