OVSG PLUS: 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.
OVSG PLUS
Largest movements
- Current investments -€238,365
down €238,365 (-17.6%), from €1.4m to €1.1m
- Receivables within one year +€187,070
up €187,070 (+44.4%), from €421,176 to €608,246
- Cash +€31,087
up €31,087 (+13.0%), from €238,939 to €270,026
mainly Current investments (+€238,365) and Trade debts (+€15,636)
- Profit (loss) carried forward -€166,651
down €166,651 (-30.2%), from €551,934 to €385,283
- Reserves +€109,000
up €109,000 (+29.0%), from €376,000 to €485,000
- Gross operating margin -€217,698
down €217,698 (-47.7%), from €455,913 to €238,215
- Staff costs +€21,667
up €21,667 (+7.8%), from €276,071 to €297,739
- Write-downs +€18,205
up €18,205, from -€14,525 to €3,680
- Financial income -€6,378
down €6,378 (-40.5%), from €15,754 to €9,376
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 | €2,082,499 | €2,055,140 | -€27,359 | -1.3% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €2,082,499 | €2,055,140 | -€27,359 | -1.3% |
| Amounts receivable within one year | 40/41 | €421,176 | €608,246 | +€187,070 | +44.4% |
| Trade receivables | 40 | €421,176 | €608,246 | +€187,070 | +44.4% |
| Current investments | 50/53 | €1,351,522 | €1,113,157 | -€238,365 | -17.6% |
| Cash at bank and in hand | 54/58 | €238,939 | €270,026 | +€31,087 | +13.0% |
| Deferred charges and accrued income | 490/1 | €70,863 | €63,711 | -€7,152 | -10.1% |
| Total equity and liabilities | 10/49 | €2,082,499 | €2,055,140 | -€27,359 | -1.3% |
| Equity | 10/15 | €1,631,097 | €1,573,446 | -€57,651 | -3.5% |
| Contributions | 10/11 | €703,163 | €703,163 | = | 0.0% |
| Capital | 10 | €703,163 | €703,163 | = | 0.0% |
| Reserves | 13 | €376,000 | €485,000 | +€109,000 | +29.0% |
| Profit (loss) carried forward | 14 | €551,934 | €385,283 | -€166,651 | -30.2% |
| Amounts payable | 17/49 | €451,403 | €481,694 | +€30,292 | +6.7% |
| Amounts payable within one year | 42/48 | €306,968 | €323,368 | +€16,400 | +5.3% |
| Trade debts | 44 | €276,857 | €292,493 | +€15,636 | +5.6% |
| Suppliers | 440/4 | €276,857 | €292,493 | +€15,636 | +5.6% |
| Taxes, remuneration and social security | 45 | €30,111 | €30,874 | +€764 | +2.5% |
| Remuneration and social security | 454/9 | €30,111 | €30,874 | +€764 | +2.5% |
| Accrued charges and deferred income | 492/3 | €144,435 | €158,327 | +€13,892 | +9.6% |
| Non-recurring operating income | 76A | €4,291 | €4,049 | -€242 | -5.6% |
| Remuneration, social security and pensions | 62 | €276,071 | €297,739 | +€21,667 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171 | - | -€171 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,525 | €3,680 | +€18,205 | |
| Non-recurring operating charges | 66A | €6,685 | €2,837 | -€3,848 | -57.6% |
| Gross operating margin | 9900 | €455,913 | €238,215 | -€217,698 | -47.7% |
| Operating profit (loss) | 9901 | €187,510 | -€66,041 | -€253,551 | |
| Financial income | 75/76B | €15,754 | €9,376 | -€6,378 | -40.5% |
| Recurring financial income | 75 | €15,754 | €9,376 | -€6,378 | -40.5% |
| Financial charges | 65/66B | €328 | €337 | +€9 | +2.7% |
| Recurring financial charges | 65 | €328 | €337 | +€9 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €202,936 | -€57,002 | -€259,937 | |
| Income taxes | 67/77 | €204 | €649 | +€445 | +217.7% |
| Profit (loss) for the period | 9904 | €202,731 | -€57,651 | -€260,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €202,731 | -€57,651 | -€260,382 |
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.