OVERDUYN: 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.
OVERDUYN
Largest movements
- Cash +€167,426
up €167,426 (+429.1%), from €39,021 to €206,447
mainly Short-term financial debts (+€400,946) and Depreciation (+€113,593)
- Tangible fixed assets -€55,598
down €55,598 (-2.8%), from €2.0m to €1.9m
of which Land and buildings: -€69,781
- Receivables within one year +€26,291
up €26,291 (+42.4%), from €62,031 to €88,322
of which Other amounts receivable: +€41,104
- Short-term financial debts +€400,946
up €400,946 (+891.0%), from €45,000 to €445,946
- Reserves -€271,267
down €271,267 (-16.0%), from €1.7m to €1.4m
of which Distributable reserves: -€271,267
- Gross operating margin -€25,928
down €25,928 (-6.7%), from €384,442 to €358,513
- Taxes -€16,675
down €16,675 (-24.0%), from €69,393 to €52,718
- Other operating charges +€15,867
up €15,867 (+34.8%), from €45,588 to €61,455
- Financial charges +€13,085
up €13,085 (+61.1%), from €21,428 to €34,513
- Financial income +€8,197
up €8,197 (+94.8%), from €8,648 to €16,845
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 | €2,382,525 | €2,515,424 | +€132,898 | +5.6% |
| Fixed assets | 21/28 | €1,960,105 | €1,904,507 | -€55,598 | -2.8% |
| Tangible fixed assets | 22/27 | €1,954,845 | €1,899,247 | -€55,598 | -2.8% |
| Land and buildings | 22 | €1,954,845 | €1,885,064 | -€69,781 | -3.6% |
| Plant, machinery and equipment | 23 | - | €14,183 | +€14,183 | |
| Financial fixed assets | 28 | €5,260 | €5,260 | = | 0.0% |
| Current assets | 29/58 | €422,420 | €610,917 | +€188,496 | +44.6% |
| Amounts receivable after more than one year | 29 | €318,000 | €302,698 | -€15,302 | -4.8% |
| Other amounts receivable | 291 | €318,000 | €302,698 | -€15,302 | -4.8% |
| Amounts receivable within one year | 40/41 | €62,031 | €88,322 | +€26,291 | +42.4% |
| Trade receivables | 40 | €18,193 | €3,380 | -€14,813 | -81.4% |
| Other amounts receivable | 41 | €43,838 | €84,942 | +€41,104 | +93.8% |
| Cash at bank and in hand | 54/58 | €39,021 | €206,447 | +€167,426 | +429.1% |
| Deferred charges and accrued income | 490/1 | €3,369 | €13,451 | +€10,082 | +299.3% |
| Total equity and liabilities | 10/49 | €2,382,525 | €2,515,424 | +€132,898 | +5.6% |
| Equity | 10/15 | €1,757,294 | €1,486,027 | -€271,267 | -15.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,695,794 | €1,424,527 | -€271,267 | -16.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,689,644 | €1,418,377 | -€271,267 | -16.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €625,231 | €1,029,396 | +€404,165 | +64.6% |
| Amounts payable after more than one year | 17 | €397,403 | €407,792 | +€10,390 | +2.6% |
| Financial debts | 170/4 | €382,678 | €393,068 | +€10,390 | +2.7% |
| Other amounts payable | 178/9 | €14,725 | €14,725 | = | 0.0% |
| Amounts payable within one year | 42/48 | €227,829 | €621,604 | +€393,775 | +172.8% |
| Current portion of amounts payable after more than one year | 42 | €110,416 | €128,078 | +€17,662 | +16.0% |
| Financial debts | 43 | €45,000 | €445,946 | +€400,946 | +891.0% |
| Credit institutions | 430/8 | €45,000 | €445,946 | +€400,946 | +891.0% |
| Trade debts | 44 | €17,996 | €5,470 | -€12,526 | -69.6% |
| Suppliers | 440/4 | €17,996 | €5,470 | -€12,526 | -69.6% |
| Advances received on contracts in progress | 46 | €20,024 | €0 | -€20,024 | -100.0% |
| Taxes, remuneration and social security | 45 | €34,393 | €42,110 | +€7,718 | +22.4% |
| Taxes | 450/3 | €34,393 | €42,110 | +€7,718 | +22.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,881 | €113,593 | +€3,712 | +3.4% |
| Other operating charges | 640/8 | €45,588 | €61,455 | +€15,867 | +34.8% |
| Gross operating margin | 9900 | €384,442 | €358,513 | -€25,928 | -6.7% |
| Operating profit (loss) | 9901 | €228,973 | €183,466 | -€45,507 | -19.9% |
| Financial income | 75/76B | €8,648 | €16,845 | +€8,197 | +94.8% |
| Recurring financial income | 75 | €8,648 | €16,845 | +€8,197 | +94.8% |
| Financial charges | 65/66B | €21,428 | €34,513 | +€13,085 | +61.1% |
| Recurring financial charges | 65 | €21,428 | €34,513 | +€13,085 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | €216,193 | €165,798 | -€50,395 | -23.3% |
| Income taxes | 67/77 | €69,393 | €52,718 | -€16,675 | -24.0% |
| Profit (loss) for the period | 9904 | €146,800 | €113,080 | -€33,720 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €146,800 | €113,080 | -€33,720 | -23.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.