OVERZEE: what changed
OVERZEE
Largest movements
- Receivables within one year +€34,174
up €34,174 (+19.3%), from €177,226 to €211,401
of which Other amounts receivable: +€37,049
- Tangible fixed assets -€6,665
down €6,665 (-24.3%), from €27,449 to €20,784
of which Land and buildings: -€5,602
- Reserves +€17,000
up €17,000 (+17.6%), from €96,860 to €113,860
of which Distributable reserves: +€17,000
- Trade debts +€11,552
up €11,552 (+50.6%), from €22,826 to €34,378
- Tax, wage and social debts +€5,845
up €5,845 (+227%), from €2,576 to €8,421
- Other debts -€5,300
down €5,300 (-5.5%), from €96,472 to €91,172
- Gross operating margin +€9,963
up €9,963 (+46.7%), from €21,339 to €31,302
- Taxes +€3,269
up €3,269 (+127%), from €2,576 to €5,845
- Other operating charges +€1,126
up €1,126 (+78.7%), from €1,430 to €2,556
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €225,877 | €254,031 | +€28,154 | +12.5% |
| Fixed assets | 21/28 | €27,449 | €20,784 | -€6,665 | -24.3% |
| Tangible fixed assets | 22/27 | €27,449 | €20,784 | -€6,665 | -24.3% |
| Land and buildings | 22 | €25,012 | €19,410 | -€5,602 | -22.4% |
| Plant, machinery and equipment | 23 | €2,437 | €1,374 | -€1,063 | -43.6% |
| Current assets | 29/58 | €198,428 | €233,247 | +€34,818 | +17.5% |
| Stocks and contracts in progress | 3 | €1,666 | €2,769 | +€1,103 | +66.2% |
| Stocks | 30/36 | €1,666 | €2,769 | +€1,103 | +66.2% |
| Amounts receivable within one year | 40/41 | €177,226 | €211,401 | +€34,174 | +19.3% |
| Trade receivables | 40 | €3,130 | €256 | -€2,874 | -91.8% |
| Other amounts receivable | 41 | €174,096 | €211,145 | +€37,049 | +21.3% |
| Cash at bank and in hand | 54/58 | €19,536 | €18,221 | -€1,315 | -6.7% |
| Deferred charges and accrued income | 490/1 | - | €855 | +€855 | |
| Total equity and liabilities | 10/49 | €225,877 | €254,031 | +€28,154 | +12.5% |
| Equity | 10/15 | €104,004 | €120,060 | +€16,056 | +15.4% |
| Contributions | 10/11 | €6,164 | €6,164 | = | 0.0% |
| Reserves | 13 | €96,860 | €113,860 | +€17,000 | +17.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €95,000 | €112,000 | +€17,000 | +17.9% |
| Profit (loss) carried forward | 14 | €980 | €37 | -€944 | -96.3% |
| Amounts payable | 17/49 | €121,873 | €133,971 | +€12,097 | +9.9% |
| Amounts payable within one year | 42/48 | €121,873 | €133,971 | +€12,097 | +9.9% |
| Trade debts | 44 | €22,826 | €34,378 | +€11,552 | +50.6% |
| Suppliers | 440/4 | €22,826 | €34,378 | +€11,552 | +50.6% |
| Taxes, remuneration and social security | 45 | €2,576 | €8,421 | +€5,845 | +227% |
| Taxes | 450/3 | €2,576 | €8,421 | +€5,845 | +227% |
| Other amounts payable | 47/48 | €96,472 | €91,172 | -€5,300 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,506 | €6,665 | +€159 | +2.4% |
| Other operating charges | 640/8 | €1,430 | €2,556 | +€1,126 | +78.7% |
| Gross operating margin | 9900 | €21,339 | €31,302 | +€9,963 | +46.7% |
| Operating profit (loss) | 9901 | €13,404 | €22,082 | +€8,678 | +64.7% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €135 | €181 | +€46 | +33.7% |
| Recurring financial charges | 65 | €135 | €181 | +€46 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €13,288 | €21,901 | +€8,613 | +64.8% |
| Income taxes | 67/77 | €2,576 | €5,845 | +€3,269 | +127% |
| Profit (loss) for the period | 9904 | €10,712 | €16,056 | +€5,344 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,712 | €16,056 | +€5,344 | +49.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.