OVERSEE: 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.
OVERSEE
Largest movements
- Cash -€81,949
down €81,949 (-91.0%), from €90,059 to €8,110
mainly Advances received (-€36,689) and Investment in fixed assets (net) (-€19,320)
- Receivables within one year +€16,462
up €16,462, from €0 to €16,462
of which Trade receivables: +€16,462
- Tangible fixed assets +€13,920
up €13,920 (+38.8%), from €35,835 to €49,756
of which Furniture and vehicles: +€13,920
- Deferred charges and accrued income -€1,621
down €1,621 (-100.0%), from €1,621 to €0
- Advances received -€36,689
down €36,689 (-67.4%), from €54,403 to €17,714
- Profit (loss) carried forward -€14,795
down €14,795 (-395.3%), from -€3,742 to -€18,537
- Tax, wage and social debts -€9,799
down €9,799 (-43.3%), from €22,643 to €12,844
of which Taxes: -€9,799
- Trade debts +€8,095
up €8,095 (+1100.2%), from €736 to €8,831
- Gross operating margin -€9,071
down €9,071, from €2,861 to -€6,210
- Taxes -€5,697
down €5,697 (-88.2%), from €6,461 to €764
- Other operating charges +€1,809
up €1,809 (+4275.1%), from €42 to €1,852
- Financial charges +€504
up €504 (+559.1%), from €90 to €594
- Depreciation +€500
up €500 (+10.2%), from €4,901 to €5,400
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 | €127,515 | €74,327 | -€53,187 | -41.7% |
| Fixed assets | 21/28 | €35,835 | €49,756 | +€13,920 | +38.8% |
| Tangible fixed assets | 22/27 | €35,835 | €49,756 | +€13,920 | +38.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €35,835 | €49,756 | +€13,920 | +38.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €91,679 | €24,572 | -€67,108 | -73.2% |
| Amounts receivable within one year | 40/41 | €0 | €16,462 | +€16,462 | |
| Trade receivables | 40 | €0 | €16,462 | +€16,462 | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €90,059 | €8,110 | -€81,949 | -91.0% |
| Deferred charges and accrued income | 490/1 | €1,621 | €0 | -€1,621 | -100.0% |
| Total equity and liabilities | 10/49 | €127,515 | €74,327 | -€53,187 | -41.7% |
| Equity | 10/15 | €49,733 | €34,938 | -€14,795 | -29.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €38,475 | €38,475 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €36,475 | €36,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,742 | -€18,537 | -€14,795 | -395.3% |
| Amounts payable | 17/49 | €77,782 | €39,389 | -€38,393 | -49.4% |
| Amounts payable within one year | 42/48 | €77,782 | €39,389 | -€38,393 | -49.4% |
| Trade debts | 44 | €736 | €8,831 | +€8,095 | +1100.2% |
| Suppliers | 440/4 | €736 | €8,831 | +€8,095 | +1100.2% |
| Advances received on contracts in progress | 46 | €54,403 | €17,714 | -€36,689 | -67.4% |
| Taxes, remuneration and social security | 45 | €22,643 | €12,844 | -€9,799 | -43.3% |
| Taxes | 450/3 | €22,643 | €12,844 | -€9,799 | -43.3% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,901 | €5,400 | +€500 | +10.2% |
| Other operating charges | 640/8 | €42 | €1,852 | +€1,809 | +4275.1% |
| Gross operating margin | 9900 | €2,861 | -€6,210 | -€9,071 | |
| Operating profit (loss) | 9901 | -€2,082 | -€13,462 | -€11,380 | -546.6% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €90 | €594 | +€504 | +559.1% |
| Recurring financial charges | 65 | €90 | €594 | +€504 | +559.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,172 | -€14,031 | -€11,859 | -546.0% |
| Income taxes | 67/77 | €6,461 | €764 | -€5,697 | -88.2% |
| Profit (loss) for the period | 9904 | -€8,632 | -€14,795 | -€6,162 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,632 | -€14,795 | -€6,162 | -71.4% |
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 2 October 2026 via checked.be.