OVERDECO: 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.
OVERDECO
Largest movements
- Tangible fixed assets -€9,016
down €9,016 (-14.8%), from €60,752 to €51,736
of which Other tangible fixed assets: -€6,850
- Intangible fixed assets -€8,150
down €8,150 (-13.8%), from €58,948 to €50,798
- Cash -€4,325
down €4,325 (-11.5%), from €37,724 to €33,399
mainly Net result for the year (-€33,593) and Other debts (-€29,499)
- Stocks and contracts +€2,272
up €2,272 (+7.2%), from €31,566 to €33,837
of which Contracts in progress: +€4,134
- Profit (loss) carried forward -€33,593
down €33,593 (-30.4%), from -€110,334 to -€143,926
- Other debts -€29,499
down €29,499 (-18.8%), from €156,915 to €127,416
- Trade debts +€26,497
up €26,497 (+51.3%), from €51,668 to €78,165
- Advances received +€20,607
up €20,607 (+42.8%), from €48,125 to €68,732
- Tax, wage and social debts -€2,626
down €2,626 (-6.6%), from €40,024 to €37,398
of which Remuneration and social security: -€1,330
- Staff costs +€9,362
up €9,362 (+5.5%), from €171,678 to €181,040
- Other operating charges +€7,506
up €7,506 (+16046.3%), from €47 to €7,553
- Gross operating margin -€6,948
down €6,948 (-3.8%), from €182,547 to €175,599
- Depreciation -€2,170
down €2,170 (-10.3%), from €21,022 to €18,852
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 | €189,399 | €170,784 | -€18,615 | -9.8% |
| Fixed assets | 21/28 | €119,700 | €102,534 | -€17,166 | -14.3% |
| Intangible fixed assets | 21 | €58,948 | €50,798 | -€8,150 | -13.8% |
| Tangible fixed assets | 22/27 | €60,752 | €51,736 | -€9,016 | -14.8% |
| Plant, machinery and equipment | 23 | €11,207 | €7,543 | -€3,664 | -32.7% |
| Furniture and vehicles | 24 | - | €1,498 | +€1,498 | |
| Other tangible fixed assets | 26 | €49,545 | €42,695 | -€6,850 | -13.8% |
| Current assets | 29/58 | €69,699 | €68,249 | -€1,449 | -2.1% |
| Stocks and contracts in progress | 3 | €31,566 | €33,837 | +€2,272 | +7.2% |
| Stocks | 30/36 | €7,273 | €5,411 | -€1,862 | -25.6% |
| Contracts in progress | 37 | €24,292 | €28,426 | +€4,134 | +17.0% |
| Amounts receivable within one year | 40/41 | - | €146 | +€146 | |
| Trade receivables | 40 | - | €146 | +€146 | |
| Cash at bank and in hand | 54/58 | €37,724 | €33,399 | -€4,325 | -11.5% |
| Deferred charges and accrued income | 490/1 | €409 | €867 | +€458 | +111.9% |
| Total equity and liabilities | 10/49 | €189,399 | €170,784 | -€18,615 | -9.8% |
| Equity | 10/15 | -€107,334 | -€140,926 | -€33,593 | -31.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,334 | -€143,926 | -€33,593 | -30.4% |
| Amounts payable | 17/49 | €296,733 | €311,710 | +€14,977 | +5.0% |
| Amounts payable within one year | 42/48 | €296,733 | €311,710 | +€14,977 | +5.0% |
| Trade debts | 44 | €51,668 | €78,165 | +€26,497 | +51.3% |
| Suppliers | 440/4 | €51,668 | €78,165 | +€26,497 | +51.3% |
| Advances received on contracts in progress | 46 | €48,125 | €68,732 | +€20,607 | +42.8% |
| Taxes, remuneration and social security | 45 | €40,024 | €37,398 | -€2,626 | -6.6% |
| Taxes | 450/3 | €17,379 | €16,083 | -€1,297 | -7.5% |
| Remuneration and social security | 454/9 | €22,645 | €21,315 | -€1,330 | -5.9% |
| Other amounts payable | 47/48 | €156,915 | €127,416 | -€29,499 | -18.8% |
| Remuneration, social security and pensions | 62 | €171,678 | €181,040 | +€9,362 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,022 | €18,852 | -€2,170 | -10.3% |
| Other operating charges | 640/8 | €47 | €7,553 | +€7,506 | +16046.3% |
| Gross operating margin | 9900 | €182,547 | €175,599 | -€6,948 | -3.8% |
| Operating profit (loss) | 9901 | -€10,201 | -€31,846 | -€21,646 | -212.2% |
| Financial income | 75/76B | €161 | €198 | +€37 | +23.1% |
| Recurring financial income | 75 | €161 | €198 | +€37 | +23.1% |
| Financial charges | 65/66B | €2,263 | €1,945 | -€318 | -14.1% |
| Recurring financial charges | 65 | €2,263 | €1,945 | -€318 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,302 | -€33,593 | -€21,291 | -173.1% |
| Profit (loss) for the period | 9904 | -€12,302 | -€33,593 | -€21,291 | -173.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,302 | -€33,593 | -€21,291 | -173.1% |
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 11 October 2026 via checked.be.