Overwatch Group: 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.
Overwatch Group
Largest movements
- Receivables within one year +€61,394
up €61,394 (+478.4%), from €12,835 to €74,229
of which Other amounts receivable: +€61,926
- Tangible fixed assets +€1,317
up €1,317 (+445.0%), from €296 to €1,612
- Financial fixed assets -€1,050
down €1,050 (-100.0%), from €1,050 to €0
- Other debts +€32,470
up €32,470 (+4454.6%), from €729 to €33,199
- Trade debts +€20,157
up €20,157 (+117.8%), from €17,105 to €37,262
- Tax, wage and social debts +€11,198
up €11,198 (+268.9%), from €4,164 to €15,362
- Profit (loss) carried forward -€2,153
down €2,153 (-11.3%), from -€19,070 to -€21,224
- Gross operating margin +€15,258
up €15,258, from -€8,531 to €6,728
- Other operating charges +€4,301
up €4,301 (+1121.5%), from €383 to €4,684
- Financial charges +€2,566
up €2,566 (+259.2%), from €990 to €3,556
- Depreciation -€765
down €765 (-80.7%), from €949 to €183
- Taxes +€176
up €176 (+47.5%), from €369 to €545
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,286 | €75,922 | +€61,636 | +431.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,346 | €1,612 | +€267 | +19.8% |
| Tangible fixed assets | 22/27 | €296 | €1,612 | +€1,317 | +445.0% |
| Furniture and vehicles | 24 | €296 | €1,612 | +€1,317 | +445.0% |
| Financial fixed assets | 28 | €1,050 | €0 | -€1,050 | -100.0% |
| Current assets | 29/58 | €12,940 | €74,310 | +€61,370 | +474.2% |
| Amounts receivable within one year | 40/41 | €12,835 | €74,229 | +€61,394 | +478.4% |
| Trade receivables | 40 | €8,592 | €8,061 | -€531 | -6.2% |
| Other amounts receivable | 41 | €4,242 | €66,168 | +€61,926 | +1459.8% |
| Cash at bank and in hand | 54/58 | €106 | €0 | -€106 | -100.0% |
| Deferred charges and accrued income | 490/1 | €0 | €81 | +€81 | |
| Total equity and liabilities | 10/49 | €14,286 | €75,922 | +€61,636 | +431.4% |
| Equity | 10/15 | -€17,570 | -€19,724 | -€2,153 | -12.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,070 | -€21,224 | -€2,153 | -11.3% |
| Amounts payable | 17/49 | €31,857 | €95,646 | +€63,789 | +200.2% |
| Amounts payable within one year | 42/48 | €31,857 | €95,646 | +€63,789 | +200.2% |
| Financial debts | 43 | €9,859 | €9,823 | -€36 | -0.4% |
| Credit institutions | 430/8 | €9,859 | €9,823 | -€36 | -0.4% |
| Trade debts | 44 | €17,105 | €37,262 | +€20,157 | +117.8% |
| Suppliers | 440/4 | €17,105 | €37,262 | +€20,157 | +117.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,164 | €15,362 | +€11,198 | +268.9% |
| Taxes | 450/3 | €4,164 | €15,362 | +€11,198 | +268.9% |
| Other amounts payable | 47/48 | €729 | €33,199 | +€32,470 | +4454.6% |
| Non-recurring operating income | 76A | €149 | €719 | +€570 | +383.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €183 | -€765 | -80.7% |
| Other operating charges | 640/8 | €383 | €4,684 | +€4,301 | +1121.5% |
| Non-recurring operating charges | 66A | €2,535 | €0 | -€2,535 | -100.0% |
| Gross operating margin | 9900 | -€8,531 | €6,728 | +€15,258 | |
| Operating profit (loss) | 9901 | -€12,398 | €1,860 | +€14,258 | |
| Financial income | 75/76B | €8 | €87 | +€80 | +1059.0% |
| Recurring financial income | 75 | €8 | €87 | +€80 | +1059.0% |
| Financial charges | 65/66B | €990 | €3,556 | +€2,566 | +259.2% |
| Recurring financial charges | 65 | €990 | €3,556 | +€2,566 | +259.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,380 | -€1,608 | +€11,772 | +88.0% |
| Income taxes | 67/77 | €369 | €545 | +€176 | +47.5% |
| Profit (loss) for the period | 9904 | -€13,750 | -€2,153 | +€11,597 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,750 | -€2,153 | +€11,597 | +84.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.