OVS-Technics: what changed
Two fiscal 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.
OVS-Technics
Largest movements
- Tangible fixed assets +€258,692
up €258,692 (+197.9%), from €130,691 to €389,383
of which Land and buildings: +€260,274
- Receivables within one year +€25,500
up €25,500 (+36.8%), from €69,257 to €94,757
of which Trade receivables: +€23,711
- Cash +€18,478
up €18,478 (+32.6%), from €56,754 to €75,232
mainly Debts after one year (+€252,625) and Trade debts (+€21,108)
- Debts after one year +€252,625
up €252,625 (+233.5%), from €108,207 to €360,833
- Trade debts +€21,108
up €21,108 (+89.0%), from €23,717 to €44,825
- Current portion of long-term debt +€16,444
up €16,444 (+474.1%), from €3,468 to €19,912
- Other debts +€7,158
up €7,158 (+83.3%), from €8,597 to €15,754
- Gross operating margin +€70,594
up €70,594 (+56.5%), from €125,030 to €195,623
- Staff costs +€52,035
up €52,035 (+64.8%), from €80,271 to €132,306
- Other operating charges +€19,504
up €19,504 (+1552.5%), from €1,256 to €20,760
- Depreciation -€9,504
down €9,504 (-51.8%), from €18,331 to €8,827
- Financial charges +€7,029
up €7,029 (+354.3%), from €1,984 to €9,014
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.
Cash bridge derived
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 | €260,915 | €567,595 | +€306,679 | +117.5% |
| Fixed assets | 21/28 | €130,691 | €389,783 | +€259,092 | +198.2% |
| Tangible fixed assets | 22/27 | €130,691 | €389,383 | +€258,692 | +197.9% |
| Land and buildings | 22 | €128,187 | €388,461 | +€260,274 | +203.0% |
| Furniture and vehicles | 24 | €2,504 | €922 | -€1,582 | -63.2% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €130,224 | €177,812 | +€47,588 | +36.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €69,257 | €94,757 | +€25,500 | +36.8% |
| Trade receivables | 40 | €44,395 | €68,106 | +€23,711 | +53.4% |
| Other amounts receivable | 41 | €24,862 | €26,651 | +€1,789 | +7.2% |
| Cash at bank and in hand | 54/58 | €56,754 | €75,232 | +€18,478 | +32.6% |
| Deferred charges and accrued income | 490/1 | €4,213 | €7,823 | +€3,610 | +85.7% |
| Total equity and liabilities | 10/49 | €260,915 | €567,595 | +€306,679 | +117.5% |
| Equity | 10/15 | €100,431 | €104,542 | +€4,111 | +4.1% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €94,031 | €98,142 | +€4,111 | +4.4% |
| Distributable reserves | 133 | €94,031 | €98,142 | +€4,111 | +4.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €160,484 | €463,053 | +€302,569 | +188.5% |
| Amounts payable after more than one year | 17 | €108,207 | €360,833 | +€252,625 | +233.5% |
| Financial debts | 170/4 | €108,207 | €360,833 | +€252,625 | +233.5% |
| Amounts payable within one year | 42/48 | €52,277 | €102,220 | +€49,943 | +95.5% |
| Current portion of amounts payable after more than one year | 42 | €3,468 | €19,912 | +€16,444 | +474.1% |
| Financial debts | 43 | €885 | €1,456 | +€571 | +64.5% |
| Credit institutions | 430/8 | €885 | €1,456 | +€571 | +64.5% |
| Trade debts | 44 | €23,717 | €44,825 | +€21,108 | +89.0% |
| Suppliers | 440/4 | €23,717 | €44,825 | +€21,108 | +89.0% |
| Taxes, remuneration and social security | 45 | €15,610 | €20,273 | +€4,663 | +29.9% |
| Taxes | 450/3 | €6,465 | €7,824 | +€1,359 | +21.0% |
| Remuneration and social security | 454/9 | €9,146 | €12,449 | +€3,304 | +36.1% |
| Other amounts payable | 47/48 | €8,597 | €15,754 | +€7,158 | +83.3% |
| Non-recurring operating income | 76A | - | €2,163 | +€2,163 | |
| Remuneration, social security and pensions | 62 | €80,271 | €132,306 | +€52,035 | +64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,331 | €8,827 | -€9,504 | -51.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,250 | €0 | -€3,250 | -100.0% |
| Other operating charges | 640/8 | €1,256 | €20,760 | +€19,504 | +1552.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €125,030 | €195,623 | +€70,594 | +56.5% |
| Operating profit (loss) | 9901 | €21,921 | €33,730 | +€11,809 | +53.9% |
| Financial income | 75/76B | €2,815 | €1,453 | -€1,362 | -48.4% |
| Recurring financial income | 75 | €2,815 | €1,453 | -€1,362 | -48.4% |
| Financial charges | 65/66B | €1,984 | €9,014 | +€7,029 | +354.3% |
| Recurring financial charges | 65 | €1,984 | €9,014 | +€7,029 | +354.3% |
| Profit (loss) for the period before taxes | 9903 | €22,752 | €26,169 | +€3,417 | +15.0% |
| Income taxes | 67/77 | €7,975 | €6,304 | -€1,671 | -21.0% |
| Profit (loss) for the period | 9904 | €14,776 | €19,865 | +€5,089 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,776 | €19,865 | +€5,089 | +34.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.