owl: 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.
owl
Largest movements
- Receivables within one year +€7,003
up €7,003 (+188%), from €3,734 to €10,737
of which Other amounts receivable: +€7,003
- Tangible fixed assets -€923
down €923 (-15.3%), from €6,016 to €5,093
- Cash +€885
up €885 (+31.8%), from €2,786 to €3,672
mainly Net result for the year (+€8,589) and Depreciation (+€923)
- Profit (loss) carried forward +€8,589
up €8,589 (+95.1%), from -€9,030 to -€441
- Other debts -€1,623
no longer reported in 2025 (was €1,623)
- Gross operating margin +€854
up €854 (+9.7%), from €8,798 to €9,652
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 | €12,536 | €19,502 | +€6,966 | +55.6% |
| Fixed assets | 21/28 | €6,016 | €5,093 | -€923 | -15.3% |
| Tangible fixed assets | 22/27 | €6,016 | €5,093 | -€923 | -15.3% |
| Furniture and vehicles | 24 | €6,016 | €5,093 | -€923 | -15.3% |
| Current assets | 29/58 | €6,520 | €14,409 | +€7,889 | +121% |
| Amounts receivable within one year | 40/41 | €3,734 | €10,737 | +€7,003 | +188% |
| Trade receivables | 40 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 41 | €734 | €7,737 | +€7,003 | +954% |
| Cash at bank and in hand | 54/58 | €2,786 | €3,672 | +€885 | +31.8% |
| Total equity and liabilities | 10/49 | €12,536 | €19,502 | +€6,966 | +55.6% |
| Equity | 10/15 | €10,913 | €19,502 | +€8,589 | +78.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,343 | €1,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,343 | €1,343 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,343 | €1,343 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,030 | -€441 | +€8,589 | +95.1% |
| Amounts payable | 17/49 | €1,623 | - | -€1,623 | |
| Amounts payable within one year | 42/48 | €1,623 | - | -€1,623 | |
| Other amounts payable | 47/48 | €1,623 | - | -€1,623 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €923 | €923 | = | 0.0% |
| Gross operating margin | 9900 | €8,798 | €9,652 | +€854 | +9.7% |
| Operating profit (loss) | 9901 | €7,875 | €8,729 | +€854 | +10.8% |
| Financial charges | 65/66B | €146 | €140 | -€6 | -4.4% |
| Recurring financial charges | 65 | €146 | €140 | -€6 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €7,729 | €8,589 | +€860 | +11.1% |
| Profit (loss) for the period | 9904 | €7,729 | €8,589 | +€860 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,729 | €8,589 | +€860 | +11.1% |
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 19 October 2026 via checked.be.