OWA6: 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.
OWA6
Largest movements
- Receivables within one year -€155,415
down €155,415 (-80.1%), from €194,125 to €38,710
of which Trade receivables: -€131,483
- Cash -€35,741
down €35,741 (-57.2%), from €62,479 to €26,737
mainly Net result for the year (-€174,039) and Trade debts (-€22,910)
- Intangible fixed assets -€13,979
down €13,979 (-9.4%), from €148,217 to €134,238
- Profit (loss) carried forward -€174,039
down €174,039 (-95.7%), from -€181,860 to -€355,899
- Trade debts -€22,910
down €22,910 (-8.3%), from €275,934 to €253,024
- Tax, wage and social debts -€4,603
down €4,603 (-85.3%), from €5,395 to €792
of which Remuneration and social security: -€5,085
- Staff costs -€27,704
down €27,704 (-57.9%), from €47,835 to €20,130
- Depreciation +€15,816
up €15,816 (+78.9%), from €20,049 to €35,866
- Financial charges +€10,632
up €10,632 (+1651.6%), from €644 to €11,276
- Gross operating margin +€5,676
up €5,676 (+5.1%), from -€111,325 to -€105,648
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,469 | €222,918 | -€201,551 | -47.5% |
| Fixed assets | 21/28 | €149,449 | €134,463 | -€14,986 | -10.0% |
| Intangible fixed assets | 21 | €148,217 | €134,238 | -€13,979 | -9.4% |
| Financial fixed assets | 28 | €1,232 | €225 | -€1,007 | -81.7% |
| Current assets | 29/58 | €275,020 | €88,455 | -€186,565 | -67.8% |
| Stocks and contracts in progress | 3 | €16,539 | €18,883 | +€2,344 | +14.2% |
| Stocks | 30/36 | €16,539 | €18,883 | +€2,344 | +14.2% |
| Amounts receivable within one year | 40/41 | €194,125 | €38,710 | -€155,415 | -80.1% |
| Trade receivables | 40 | €170,193 | €38,710 | -€131,483 | -77.3% |
| Other amounts receivable | 41 | €23,932 | - | -€23,932 | |
| Cash at bank and in hand | 54/58 | €62,479 | €26,737 | -€35,741 | -57.2% |
| Deferred charges and accrued income | 490/1 | €1,878 | €4,124 | +€2,246 | +119.6% |
| Total equity and liabilities | 10/49 | €424,469 | €222,918 | -€201,551 | -47.5% |
| Equity | 10/15 | -€6,860 | -€180,899 | -€174,039 | -2537.0% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,860 | -€355,899 | -€174,039 | -95.7% |
| Amounts payable | 17/49 | €431,329 | €403,816 | -€27,513 | -6.4% |
| Amounts payable within one year | 42/48 | €431,329 | €403,816 | -€27,513 | -6.4% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €275,934 | €253,024 | -€22,910 | -8.3% |
| Suppliers | 440/4 | €275,934 | €253,024 | -€22,910 | -8.3% |
| Taxes, remuneration and social security | 45 | €5,395 | €792 | -€4,603 | -85.3% |
| Taxes | 450/3 | €310 | €792 | +€482 | +155.6% |
| Remuneration and social security | 454/9 | €5,085 | - | -€5,085 | |
| Remuneration, social security and pensions | 62 | €47,835 | €20,130 | -€27,704 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,049 | €35,866 | +€15,816 | +78.9% |
| Other operating charges | 640/8 | €1,697 | €1,273 | -€424 | -25.0% |
| Gross operating margin | 9900 | -€111,325 | -€105,648 | +€5,676 | +5.1% |
| Operating profit (loss) | 9901 | -€180,906 | -€162,917 | +€17,988 | +9.9% |
| Financial income | 75/76B | €0 | €406 | +€406 | +312130.8% |
| Recurring financial income | 75 | €0 | €406 | +€406 | +312130.8% |
| Financial charges | 65/66B | €644 | €11,276 | +€10,632 | +1651.6% |
| Recurring financial charges | 65 | €644 | €11,276 | +€10,632 | +1651.6% |
| Profit (loss) for the period before taxes | 9903 | -€181,549 | -€173,788 | +€7,762 | +4.3% |
| Income taxes | 67/77 | €311 | €251 | -€60 | -19.2% |
| Profit (loss) for the period | 9904 | -€181,860 | -€174,039 | +€7,821 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€181,860 | -€174,039 | +€7,821 | +4.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.