OWAY BELGIUM: 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.
OWAY BELGIUM
Largest movements
- Receivables within one year +€72,067
up €72,067 (+142%), from €50,612 to €122,679
of which Trade receivables: +€68,616
- Cash -€55,324
down €55,324 (-88.2%), from €62,701 to €7,377
mainly Other debts (-€117,763) and Receivables within one year (-€72,067)
- Tangible fixed assets -€41,126
down €41,126 (-98.9%), from €41,602 to €476
- Trade debts +€177,428
up €177,428 (+94.0%), from €188,736 to €366,165
- Other debts -€117,763
down €117,763 (-51.9%), from €226,872 to €109,109
- Profit (loss) carried forward -€51,553
down €51,553 (-15.7%), from -€328,891 to -€380,444
- Tax, wage and social debts -€32,253
down €32,253 (-74.2%), from €43,458 to €11,205
of which Remuneration and social security: -€22,732
- Gross operating margin +€146,735
up €146,735, from -€15,622 to €131,113
- Staff costs -€125,301
down €125,301 (-44.1%), from €284,055 to €158,754
- Depreciation -€10,331
down €10,331 (-95.3%), from €10,835 to €504
- Financial charges +€1,768
up €1,768 (+97.2%), from €1,820 to €3,588
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 | €155,174 | €131,034 | -€24,140 | -15.6% |
| Fixed assets | 21/28 | €41,861 | €736 | -€41,126 | -98.2% |
| Tangible fixed assets | 22/27 | €41,602 | €476 | -€41,126 | -98.9% |
| Furniture and vehicles | 24 | €41,602 | €476 | -€41,126 | -98.9% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €113,313 | €130,299 | +€16,986 | +15.0% |
| Amounts receivable within one year | 40/41 | €50,612 | €122,679 | +€72,067 | +142% |
| Trade receivables | 40 | €50,612 | €119,228 | +€68,616 | +136% |
| Other amounts receivable | 41 | - | €3,451 | +€3,451 | |
| Cash at bank and in hand | 54/58 | €62,701 | €7,377 | -€55,324 | -88.2% |
| Deferred charges and accrued income | 490/1 | - | €242 | +€242 | |
| Total equity and liabilities | 10/49 | €155,174 | €131,034 | -€24,140 | -15.6% |
| Equity | 10/15 | -€303,891 | -€355,444 | -€51,553 | -17.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€328,891 | -€380,444 | -€51,553 | -15.7% |
| Amounts payable | 17/49 | €459,066 | €486,478 | +€27,413 | +6.0% |
| Amounts payable within one year | 42/48 | €459,066 | €486,478 | +€27,413 | +6.0% |
| Trade debts | 44 | €188,736 | €366,165 | +€177,428 | +94.0% |
| Suppliers | 440/4 | €188,736 | €366,165 | +€177,428 | +94.0% |
| Taxes, remuneration and social security | 45 | €43,458 | €11,205 | -€32,253 | -74.2% |
| Taxes | 450/3 | €9,879 | €358 | -€9,521 | -96.4% |
| Remuneration and social security | 454/9 | €33,579 | €10,847 | -€22,732 | -67.7% |
| Other amounts payable | 47/48 | €226,872 | €109,109 | -€117,763 | -51.9% |
| Remuneration, social security and pensions | 62 | €284,055 | €158,754 | -€125,301 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,835 | €504 | -€10,331 | -95.3% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Non-recurring operating charges | 66A | - | €19,462 | +€19,462 | |
| Gross operating margin | 9900 | -€15,622 | €131,113 | +€146,735 | |
| Operating profit (loss) | 9901 | -€310,900 | -€47,607 | +€263,293 | +84.7% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €1,820 | €3,588 | +€1,768 | +97.2% |
| Recurring financial charges | 65 | €1,820 | €3,588 | +€1,768 | +97.2% |
| Profit (loss) for the period before taxes | 9903 | -€312,712 | -€51,195 | +€261,517 | +83.6% |
| Income taxes | 67/77 | €820 | €358 | -€463 | -56.4% |
| Profit (loss) for the period | 9904 | -€313,532 | -€51,553 | +€261,980 | +83.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€313,532 | -€51,553 | +€261,980 | +83.6% |
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 24 October 2026 via checked.be.