OVOGOU: 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.
OVOGOU
Largest movements
- Tangible fixed assets +€368,670
up €368,670 (+203%), from €181,912 to €550,582
of which Plant, machinery and equipment: +€287,775
- Cash +€311,245
up €311,245 (+106%), from €293,604 to €604,849
mainly Net result for the year (+€363,337) and Receivables within one year (+€293,051)
- Receivables within one year -€293,051
down €293,051 (-56.6%), from €517,989 to €224,938
of which Trade receivables: -€148,505
- Stocks and contracts +€126,139
new in 2025: €126,139
- Profit (loss) carried forward +€213,337
up €213,337 (+35.2%), from €605,343 to €818,679
- Trade debts +€159,091
up €159,091 (+166%), from €95,982 to €255,073
- Reserves +€150,000
up €150,000 (+150%), from €100,000 to €250,000
- Gross operating margin -€429,194
down €429,194 (-42.2%), from €1.0m to €587,833
- Taxes -€110,828
down €110,828 (-46.4%), from €238,856 to €128,028
- Depreciation +€26,052
up €26,052 (+150%), from €17,323 to €43,375
- Staff costs -€12,965
down €12,965 (-19.1%), from €67,778 to €54,813
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 | €1,010,204 | €1,513,221 | +€503,017 | +49.8% |
| Fixed assets | 21/28 | €181,912 | €550,582 | +€368,670 | +203% |
| Tangible fixed assets | 22/27 | €181,912 | €550,582 | +€368,670 | +203% |
| Plant, machinery and equipment | 23 | €32,449 | €320,224 | +€287,775 | +887% |
| Furniture and vehicles | 24 | €149,463 | €126,893 | -€22,570 | -15.1% |
| Assets under construction and advance payments | 27 | - | €103,465 | +€103,465 | |
| Current assets | 29/58 | €828,292 | €962,640 | +€134,348 | +16.2% |
| Stocks and contracts in progress | 3 | - | €126,139 | +€126,139 | |
| Stocks | 30/36 | - | €126,139 | +€126,139 | |
| Amounts receivable within one year | 40/41 | €517,989 | €224,938 | -€293,051 | -56.6% |
| Trade receivables | 40 | €249,874 | €101,370 | -€148,505 | -59.4% |
| Other amounts receivable | 41 | €268,114 | €123,568 | -€144,547 | -53.9% |
| Cash at bank and in hand | 54/58 | €293,604 | €604,849 | +€311,245 | +106% |
| Deferred charges and accrued income | 490/1 | €16,699 | €6,714 | -€9,985 | -59.8% |
| Total equity and liabilities | 10/49 | €1,010,204 | €1,513,221 | +€503,017 | +49.8% |
| Equity | 10/15 | €725,343 | €1,088,679 | +€363,337 | +50.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €250,000 | +€150,000 | +150% |
| Distributable reserves | 133 | €100,000 | €250,000 | +€150,000 | +150% |
| Profit (loss) carried forward | 14 | €605,343 | €818,679 | +€213,337 | +35.2% |
| Amounts payable | 17/49 | €284,861 | €424,542 | +€139,681 | +49.0% |
| Amounts payable after more than one year | 17 | €73,880 | €62,110 | -€11,770 | -15.9% |
| Financial debts | 170/4 | €73,880 | €62,110 | -€11,770 | -15.9% |
| Amounts payable within one year | 42/48 | €210,981 | €362,432 | +€151,451 | +71.8% |
| Current portion of amounts payable after more than one year | 42 | €11,352 | €11,770 | +€419 | +3.7% |
| Trade debts | 44 | €95,982 | €255,073 | +€159,091 | +166% |
| Suppliers | 440/4 | €95,982 | €255,073 | +€159,091 | +166% |
| Advances received on contracts in progress | 46 | €382 | - | -€382 | |
| Taxes, remuneration and social security | 45 | €103,265 | €95,588 | -€7,677 | -7.4% |
| Taxes | 450/3 | €96,501 | €82,744 | -€13,757 | -14.3% |
| Remuneration and social security | 454/9 | €6,764 | €12,844 | +€6,080 | +89.9% |
| Remuneration, social security and pensions | 62 | €67,778 | €54,813 | -€12,965 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,323 | €43,375 | +€26,052 | +150% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,141 | +€3,141 | |
| Other operating charges | 640/8 | €2,814 | €4,964 | +€2,151 | +76.4% |
| Gross operating margin | 9900 | €1,017,028 | €587,833 | -€429,194 | -42.2% |
| Operating profit (loss) | 9901 | €929,113 | €481,540 | -€447,573 | -48.2% |
| Financial income | 75/76B | €16,551 | €12,269 | -€4,282 | -25.9% |
| Recurring financial income | 75 | €16,551 | €12,269 | -€4,282 | -25.9% |
| Financial charges | 65/66B | €1,465 | €2,445 | +€980 | +66.9% |
| Recurring financial charges | 65 | €1,465 | €2,445 | +€980 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | €944,199 | €491,365 | -€452,834 | -48.0% |
| Income taxes | 67/77 | €238,856 | €128,028 | -€110,828 | -46.4% |
| Profit (loss) for the period | 9904 | €705,343 | €363,337 | -€342,006 | -48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €705,343 | €363,337 | -€342,006 | -48.5% |
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 24 October 2026 via checked.be.