Overwatch-IT: 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.
Overwatch-IT
Largest movements
- Cash +€83,351
up €83,351 (+108%), from €77,250 to €160,601
mainly Net result for the year (+€64,239) and Depreciation (+€23,055)
- Tangible fixed assets -€10,323
down €10,323 (-10.3%), from €100,168 to €89,844
of which Furniture and vehicles: -€15,472
- Receivables within one year +€3,086
up €3,086 (+37.8%), from €8,168 to €11,253
- Reserves +€64,239
up €64,239 (+82.4%), from €77,999 to €142,237
- Tax, wage and social debts +€17,041
up €17,041 (+36.6%), from €46,614 to €63,655
- Debts after one year -€9,736
down €9,736 (-25.4%), from €38,353 to €28,617
- Trade debts +€4,904
up €4,904 (+414%), from €1,184 to €6,088
- Depreciation +€15,959
up €15,959 (+225%), from €7,096 to €23,055
- Taxes -€5,736
down €5,736 (-18.7%), from €30,630 to €24,893
- Gross operating margin -€2,035
down €2,035 (-1.7%), from €116,999 to €114,964
- Financial charges +€1,397
up €1,397 (+114%), from €1,229 to €2,626
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 | €189,289 | €265,422 | +€76,134 | +40.2% |
| Fixed assets | 21/28 | €101,405 | €90,770 | -€10,635 | -10.5% |
| Intangible fixed assets | 21 | €1,238 | €926 | -€312 | -25.2% |
| Tangible fixed assets | 22/27 | €100,168 | €89,844 | -€10,323 | -10.3% |
| Plant, machinery and equipment | 23 | - | €5,148 | +€5,148 | |
| Furniture and vehicles | 24 | €100,168 | €84,696 | -€15,472 | -15.4% |
| Current assets | 29/58 | €87,883 | €174,653 | +€86,769 | +98.7% |
| Amounts receivable within one year | 40/41 | €8,168 | €11,253 | +€3,086 | +37.8% |
| Trade receivables | 40 | €8,168 | €11,253 | +€3,086 | +37.8% |
| Cash at bank and in hand | 54/58 | €77,250 | €160,601 | +€83,351 | +108% |
| Deferred charges and accrued income | 490/1 | €2,466 | €2,799 | +€332 | +13.5% |
| Total equity and liabilities | 10/49 | €189,289 | €265,422 | +€76,134 | +40.2% |
| Equity | 10/15 | €78,999 | €143,237 | +€64,239 | +81.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €77,999 | €142,237 | +€64,239 | +82.4% |
| Distributable reserves | 133 | €77,999 | €142,237 | +€64,239 | +82.4% |
| Amounts payable | 17/49 | €110,290 | €122,185 | +€11,895 | +10.8% |
| Amounts payable after more than one year | 17 | €38,353 | €28,617 | -€9,736 | -25.4% |
| Financial debts | 170/4 | €38,353 | €28,617 | -€9,736 | -25.4% |
| Amounts payable within one year | 42/48 | €67,949 | €90,154 | +€22,205 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €9,360 | €9,713 | +€353 | +3.8% |
| Trade debts | 44 | €1,184 | €6,088 | +€4,904 | +414% |
| Suppliers | 440/4 | €1,184 | €6,088 | +€4,904 | +414% |
| Taxes, remuneration and social security | 45 | €46,614 | €63,655 | +€17,041 | +36.6% |
| Taxes | 450/3 | €46,614 | €63,655 | +€17,041 | +36.6% |
| Other amounts payable | 47/48 | €10,791 | €10,699 | -€93 | -0.9% |
| Accrued charges and deferred income | 492/3 | €3,989 | €3,414 | -€574 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,096 | €23,055 | +€15,959 | +225% |
| Other operating charges | 640/8 | €62 | €156 | +€95 | +154% |
| Gross operating margin | 9900 | €116,999 | €114,964 | -€2,035 | -1.7% |
| Operating profit (loss) | 9901 | €109,842 | €91,752 | -€18,089 | -16.5% |
| Financial income | 75/76B | €15 | €6 | -€9 | -62.0% |
| Recurring financial income | 75 | €15 | €6 | -€9 | -62.0% |
| Financial charges | 65/66B | €1,229 | €2,626 | +€1,397 | +114% |
| Recurring financial charges | 65 | €1,229 | €2,626 | +€1,397 | +114% |
| Profit (loss) for the period before taxes | 9903 | €108,628 | €89,132 | -€19,496 | -17.9% |
| Income taxes | 67/77 | €30,630 | €24,893 | -€5,736 | -18.7% |
| Profit (loss) for the period | 9904 | €77,999 | €64,239 | -€13,760 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,999 | €64,239 | -€13,760 | -17.6% |
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 13 October 2026 via checked.be.