OVIS: 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.
OVIS
Largest movements
- Tangible fixed assets -€54,775
down €54,775 (-13.1%), from €418,536 to €363,760
- Stocks and contracts +€25,198
up €25,198 (+29.1%), from €86,450 to €111,648
- Receivables within one year +€14,190
up €14,190 (+39.5%), from €35,926 to €50,116
of which Trade receivables: +€15,707
- Cash -€6,872
down €6,872 (-47.9%), from €14,332 to €7,461
mainly Advances received (-€34,983) and Stocks and contracts (-€25,198)
- Advances received -€34,983
no longer reported in 2025 (was €34,983)
- Trade debts +€31,115
up €31,115 (+112%), from €27,749 to €58,865
- Other debts -€17,699
down €17,699 (-2.5%), from €702,729 to €685,030
- Profit (loss) carried forward +€5,937
up €5,937 (+1.9%), from -€312,768 to -€306,831
- Purchases and services -€169,134
no longer reported in 2025 (was €169,134)
- Turnover -€101,618
no longer reported in 2025 (was €101,618)
- Gross operating margin +€45,170
up €45,170 (+246%), from €18,395 to €63,565
- Taxes -€8,323
no longer reported in 2025 (was €8,323)
- Depreciation +€2,480
up €2,480 (+4.5%), from €54,775 to €57,255
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 | €558,890 | €536,041 | -€22,849 | -4.1% |
| Fixed assets | 21/28 | €418,936 | €364,160 | -€54,775 | -13.1% |
| Tangible fixed assets | 22/27 | €418,536 | €363,760 | -€54,775 | -13.1% |
| Land and buildings | 22 | €293,651 | €272,272 | -€21,379 | -7.3% |
| Plant, machinery and equipment | 23 | €47,201 | €28,243 | -€18,959 | -40.2% |
| Furniture and vehicles | 24 | €68,052 | €53,575 | -€14,476 | -21.3% |
| Other tangible fixed assets | 26 | €9,632 | €9,670 | +€39 | +0.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €139,954 | €171,881 | +€31,927 | +22.8% |
| Stocks and contracts in progress | 3 | €86,450 | €111,648 | +€25,198 | +29.1% |
| Stocks | 30/36 | €86,450 | €111,648 | +€25,198 | +29.1% |
| Amounts receivable within one year | 40/41 | €35,926 | €50,116 | +€14,190 | +39.5% |
| Trade receivables | 40 | €32,775 | €48,482 | +€15,707 | +47.9% |
| Other amounts receivable | 41 | €3,151 | €1,634 | -€1,517 | -48.1% |
| Current investments | 50/53 | €1,859 | €1,859 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,332 | €7,461 | -€6,872 | -47.9% |
| Deferred charges and accrued income | 490/1 | €1,387 | €797 | -€590 | -42.5% |
| Total equity and liabilities | 10/49 | €558,890 | €536,041 | -€22,849 | -4.1% |
| Equity | 10/15 | -€217,170 | -€211,233 | +€5,937 | +2.7% |
| Contributions | 10/11 | €29,251 | €29,251 | = | 0.0% |
| Reserves | 13 | €66,346 | €66,346 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,925 | €2,925 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,925 | €2,925 | = | 0.0% |
| Distributable reserves | 133 | €63,421 | €63,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€312,768 | -€306,831 | +€5,937 | +1.9% |
| Amounts payable | 17/49 | €776,060 | €747,275 | -€28,786 | -3.7% |
| Amounts payable after more than one year | 17 | €3,380 | - | -€3,380 | |
| Financial debts | 170/4 | €3,380 | - | -€3,380 | |
| Amounts payable within one year | 42/48 | €772,681 | €747,275 | -€25,406 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €6,705 | €3,380 | -€3,326 | -49.6% |
| Trade debts | 44 | €27,749 | €58,865 | +€31,115 | +112% |
| Suppliers | 440/4 | €27,749 | €58,865 | +€31,115 | +112% |
| Advances received on contracts in progress | 46 | €34,983 | - | -€34,983 | |
| Taxes, remuneration and social security | 45 | €514 | - | -€514 | |
| Taxes | 450/3 | €514 | - | -€514 | |
| Other amounts payable | 47/48 | €702,729 | €685,030 | -€17,699 | -2.5% |
| Turnover | 70 | €101,618 | - | -€101,618 | |
| Non-recurring operating income | 76A | €85,911 | - | -€85,911 | |
| Goods, raw materials, services and sundry goods | 60/61 | €169,134 | - | -€169,134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,775 | €57,255 | +€2,480 | +4.5% |
| Other operating charges | 640/8 | €651 | €607 | -€44 | -6.8% |
| Gross operating margin | 9900 | €18,395 | €63,565 | +€45,170 | +246% |
| Operating profit (loss) | 9901 | -€37,031 | €5,702 | +€42,733 | |
| Financial income | 75/76B | €100 | €420 | +€320 | +319% |
| Recurring financial income | 75 | €100 | €420 | +€320 | +319% |
| Financial charges | 65/66B | €1,231 | €185 | -€1,045 | -84.9% |
| Recurring financial charges | 65 | €1,231 | €185 | -€1,045 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | -€38,161 | €5,937 | +€44,098 | |
| Income taxes | 67/77 | €8,323 | - | -€8,323 | |
| Profit (loss) for the period | 9904 | -€46,484 | €5,937 | +€52,421 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,484 | €5,937 | +€52,421 |
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 14 October 2026 via checked.be.