OVT CONCEPT: 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.
OVT CONCEPT
Largest movements
- Cash +€34,475
up €34,475 (+1,104%), from €3,123 to €37,598
mainly Other debts (+€80,000) and Depreciation (+€37,818)
- Receivables within one year -€18,416
down €18,416 (-20.6%), from €89,290 to €70,874
of which Trade receivables: -€26,168
- Tangible fixed assets -€17,990
down €17,990 (-14.9%), from €120,459 to €102,470
of which Furniture and vehicles: -€17,185
- Other debts +€80,000
new in 2025: €80,000
- Profit (loss) carried forward -€72,436
down €72,436 (-67.0%), from €108,043 to €35,608
- Debts after one year -€25,628
down €25,628 (-57.5%), from €44,573 to €18,945
- Tax, wage and social debts +€11,625
up €11,625 (+67.9%), from €17,131 to €28,756
- Trade debts +€6,972
up €6,972 (+44.5%), from €15,673 to €22,645
- Gross operating margin -€39,587
down €39,587 (-35.1%), from €112,817 to €73,230
- Depreciation +€7,486
up €7,486 (+24.7%), from €30,332 to €37,818
- Taxes -€6,139
down €6,139 (-35.8%), from €17,131 to €10,992
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 | €217,324 | €216,582 | -€743 | -0.3% |
| Fixed assets | 21/28 | €120,459 | €102,470 | -€17,990 | -14.9% |
| Tangible fixed assets | 22/27 | €120,459 | €102,470 | -€17,990 | -14.9% |
| Plant, machinery and equipment | 23 | €10,083 | €9,279 | -€805 | -8.0% |
| Furniture and vehicles | 24 | €110,376 | €93,191 | -€17,185 | -15.6% |
| Current assets | 29/58 | €96,865 | €114,112 | +€17,247 | +17.8% |
| Amounts receivable within one year | 40/41 | €89,290 | €70,874 | -€18,416 | -20.6% |
| Trade receivables | 40 | €75,366 | €49,198 | -€26,168 | -34.7% |
| Other amounts receivable | 41 | €13,924 | €21,676 | +€7,752 | +55.7% |
| Cash at bank and in hand | 54/58 | €3,123 | €37,598 | +€34,475 | +1,104% |
| Deferred charges and accrued income | 490/1 | €4,452 | €5,640 | +€1,188 | +26.7% |
| Total equity and liabilities | 10/49 | €217,324 | €216,582 | -€743 | -0.3% |
| Equity | 10/15 | €113,043 | €40,608 | -€72,436 | -64.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,043 | €35,608 | -€72,436 | -67.0% |
| Amounts payable | 17/49 | €104,281 | €175,974 | +€71,693 | +68.8% |
| Amounts payable after more than one year | 17 | €44,573 | €18,945 | -€25,628 | -57.5% |
| Financial debts | 170/4 | €44,573 | €18,945 | -€25,628 | -57.5% |
| Amounts payable within one year | 42/48 | €59,708 | €157,029 | +€97,321 | +163% |
| Current portion of amounts payable after more than one year | 42 | €26,904 | €25,628 | -€1,277 | -4.7% |
| Trade debts | 44 | €15,673 | €22,645 | +€6,972 | +44.5% |
| Suppliers | 440/4 | €15,673 | €22,645 | +€6,972 | +44.5% |
| Taxes, remuneration and social security | 45 | €17,131 | €28,756 | +€11,625 | +67.9% |
| Taxes | 450/3 | €17,131 | €28,756 | +€11,625 | +67.9% |
| Other amounts payable | 47/48 | - | €80,000 | +€80,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,332 | €37,818 | +€7,486 | +24.7% |
| Other operating charges | 640/8 | €464 | €1,059 | +€595 | +128% |
| Gross operating margin | 9900 | €112,817 | €73,230 | -€39,587 | -35.1% |
| Operating profit (loss) | 9901 | €82,020 | €34,353 | -€47,668 | -58.1% |
| Financial income | 75/76B | €1 | €0 | -€0 | -67.3% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -67.3% |
| Financial charges | 65/66B | €3,910 | €3,797 | -€114 | -2.9% |
| Recurring financial charges | 65 | €3,910 | €3,797 | -€114 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €78,110 | €30,556 | -€47,554 | -60.9% |
| Income taxes | 67/77 | €17,131 | €10,992 | -€6,139 | -35.8% |
| Profit (loss) for the period | 9904 | €60,979 | €19,564 | -€41,415 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,979 | €19,564 | -€41,415 | -67.9% |
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 22 October 2026 via checked.be.