Ovobel Engineering: 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.
Ovobel Engineering
Largest movements
- Receivables within one year +€150,000
up €150,000 (+1,377%), from €10,890 to €160,890
of which Other amounts receivable: +€150,000
- Current investments -€120,000
down €120,000 (-100%), from €120,000 to €0
- Cash +€26,992
up €26,992 (+39.9%), from €67,614 to €94,606
mainly Net result for the year (+€189,973) and Current investments (+€120,000)
- Reserves +€148,178
up €148,178 (+20.5%), from €721,110 to €869,288
- Other debts -€49,149
down €49,149 (-40.2%), from €122,213 to €73,064
- Tax, wage and social debts -€41,889
down €41,889 (-63.8%), from €65,662 to €23,773
- Financial charges +€1,173
up €1,173 (+20.0%), from €5,870 to €7,042
- Gross operating margin -€963
down €963 (-1.1%), from €84,446 to €83,484
- Taxes -€892
down €892 (-2.2%), from €39,650 to €38,758
- Financial income -€875
down €875 (-0.6%), from €153,820 to €152,945
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 | €1,889,067 | €1,945,496 | +€56,429 | +3.0% |
| Fixed assets | 21/28 | €1,690,517 | €1,690,000 | -€517 | 0.0% |
| Tangible fixed assets | 22/27 | €517 | €0 | -€517 | -100% |
| Furniture and vehicles | 24 | €517 | €0 | -€517 | -100% |
| Financial fixed assets | 28 | €1,690,000 | €1,690,000 | = | 0.0% |
| Current assets | 29/58 | €198,550 | €255,496 | +€56,946 | +28.7% |
| Amounts receivable within one year | 40/41 | €10,890 | €160,890 | +€150,000 | +1,377% |
| Trade receivables | 40 | €10,890 | €10,890 | = | 0.0% |
| Other amounts receivable | 41 | - | €150,000 | +€150,000 | |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100% |
| Cash at bank and in hand | 54/58 | €67,614 | €94,606 | +€26,992 | +39.9% |
| Deferred charges and accrued income | 490/1 | €46 | €0 | -€46 | -100% |
| Total equity and liabilities | 10/49 | €1,889,067 | €1,945,496 | +€56,429 | +3.0% |
| Equity | 10/15 | €1,700,387 | €1,847,732 | +€147,345 | +8.7% |
| Contributions | 10/11 | €906,250 | €906,250 | = | 0.0% |
| Reserves | 13 | €721,110 | €869,288 | +€148,178 | +20.5% |
| Distributable reserves | 133 | €721,110 | €869,288 | +€148,178 | +20.5% |
| Profit (loss) carried forward | 14 | €73,027 | €72,194 | -€833 | -1.1% |
| Amounts payable | 17/49 | €188,680 | €97,764 | -€90,916 | -48.2% |
| Amounts payable within one year | 42/48 | €188,080 | €96,837 | -€91,243 | -48.5% |
| Trade debts | 44 | €206 | €0 | -€206 | -100% |
| Suppliers | 440/4 | €206 | €0 | -€206 | -100% |
| Taxes, remuneration and social security | 45 | €65,662 | €23,773 | -€41,889 | -63.8% |
| Taxes | 450/3 | €65,662 | €23,773 | -€41,889 | -63.8% |
| Other amounts payable | 47/48 | €122,213 | €73,064 | -€49,149 | -40.2% |
| Accrued charges and deferred income | 492/3 | €600 | €927 | +€327 | +54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €723 | €517 | -€206 | -28.5% |
| Other operating charges | 640/8 | €116 | €138 | +€22 | +19.0% |
| Gross operating margin | 9900 | €84,446 | €83,484 | -€963 | -1.1% |
| Operating profit (loss) | 9901 | €83,607 | €82,829 | -€779 | -0.9% |
| Financial income | 75/76B | €153,820 | €152,945 | -€875 | -0.6% |
| Recurring financial income | 75 | €153,820 | €152,945 | -€875 | -0.6% |
| Financial charges | 65/66B | €5,870 | €7,042 | +€1,173 | +20.0% |
| Recurring financial charges | 65 | €5,870 | €7,042 | +€1,173 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €231,558 | €228,731 | -€2,826 | -1.2% |
| Income taxes | 67/77 | €39,650 | €38,758 | -€892 | -2.2% |
| Profit (loss) for the period | 9904 | €191,908 | €189,973 | -€1,935 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €191,908 | €189,973 | -€1,935 | -1.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.