OVOV: 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.
OVOV
Largest movements
- Receivables within one year -€17,180
down €17,180 (-28.2%), from €61,020 to €43,840
- Tangible fixed assets -€13,386
down €13,386 (-4.0%), from €337,977 to €324,591
of which Land and buildings: -€15,400
- Debts after one year -€32,241
down €32,241 (-19.4%), from €165,967 to €133,726
- Profit (loss) carried forward +€6,480
up €6,480 (+5.9%), from €110,062 to €116,542
- Gross operating margin -€29,507
down €29,507 (-44.2%), from €66,724 to €37,217
- Taxes -€6,922
down €6,922 (-68.1%), from €10,159 to €3,238
- Other operating charges -€1,315
down €1,315 (-44.2%), from €2,977 to €1,662
- Financial charges -€676
down €676 (-16.0%), from €4,211 to €3,535
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 | €622,957 | €597,688 | -€25,269 | -4.1% |
| Fixed assets | 21/28 | €537,977 | €524,591 | -€13,386 | -2.5% |
| Tangible fixed assets | 22/27 | €337,977 | €324,591 | -€13,386 | -4.0% |
| Land and buildings | 22 | €304,272 | €288,872 | -€15,400 | -5.1% |
| Plant, machinery and equipment | 23 | €3,883 | €3,359 | -€524 | -13.5% |
| Furniture and vehicles | 24 | €29,822 | €24,639 | -€5,183 | -17.4% |
| Assets under construction and advance payments | 27 | - | €7,721 | +€7,721 | |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €84,980 | €73,097 | -€11,884 | -14.0% |
| Amounts receivable within one year | 40/41 | €61,020 | €43,840 | -€17,180 | -28.2% |
| Trade receivables | 40 | €61,020 | €43,840 | -€17,180 | -28.2% |
| Cash at bank and in hand | 54/58 | €13,790 | €18,464 | +€4,674 | +33.9% |
| Deferred charges and accrued income | 490/1 | €10,170 | €10,793 | +€623 | +6.1% |
| Total equity and liabilities | 10/49 | €622,957 | €597,688 | -€25,269 | -4.1% |
| Equity | 10/15 | €202,655 | €209,135 | +€6,480 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €86,393 | €86,393 | = | 0.0% |
| 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 | €84,533 | €84,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,062 | €116,542 | +€6,480 | +5.9% |
| Amounts payable | 17/49 | €420,303 | €388,553 | -€31,749 | -7.6% |
| Amounts payable after more than one year | 17 | €165,967 | €133,726 | -€32,241 | -19.4% |
| Financial debts | 170/4 | €165,967 | €133,726 | -€32,241 | -19.4% |
| Amounts payable within one year | 42/48 | €251,973 | €252,464 | +€491 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €31,482 | €32,241 | +€759 | +2.4% |
| Trade debts | 44 | €4,164 | €3,729 | -€435 | -10.4% |
| Suppliers | 440/4 | €4,164 | €3,729 | -€435 | -10.4% |
| Taxes, remuneration and social security | 45 | €39,751 | €40,054 | +€303 | +0.8% |
| Taxes | 450/3 | €31,351 | €23,254 | -€8,097 | -25.8% |
| Remuneration and social security | 454/9 | €8,400 | €16,800 | +€8,400 | +100% |
| Other amounts payable | 47/48 | €176,576 | €176,441 | -€136 | -0.1% |
| Accrued charges and deferred income | 492/3 | €2,362 | €2,362 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,651 | €22,303 | +€652 | +3.0% |
| Other operating charges | 640/8 | €2,977 | €1,662 | -€1,315 | -44.2% |
| Gross operating margin | 9900 | €66,724 | €37,217 | -€29,507 | -44.2% |
| Operating profit (loss) | 9901 | €42,095 | €13,252 | -€28,843 | -68.5% |
| Financial income | 75/76B | €2 | €1 | -€1 | -36.3% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -36.3% |
| Financial charges | 65/66B | €4,211 | €3,535 | -€676 | -16.0% |
| Recurring financial charges | 65 | €4,211 | €3,535 | -€676 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €37,886 | €9,718 | -€28,169 | -74.4% |
| Income taxes | 67/77 | €10,159 | €3,238 | -€6,922 | -68.1% |
| Profit (loss) for the period | 9904 | €27,727 | €6,480 | -€21,247 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,727 | €6,480 | -€21,247 | -76.6% |
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 1 November 2026 via checked.be.