OWL SECURITY: 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 SECURITY
Largest movements
- Cash -€3,812
down €3,812 (-50.8%), from €7,500 to €3,688
mainly Net result for the year (-€17,185) and Investment in fixed assets (net) (-€4,158)
- Tangible fixed assets +€3,508
new in 2025: €3,508
of which Other tangible fixed assets: +€1,904
- Receivables within one year +€794
new in 2025: €794
- Other debts +€19,731
new in 2025: €19,731
- Profit (loss) carried forward -€17,185
down €17,185 (-834.3%), from -€2,060 to -€19,245
- Trade debts -€2,056
down €2,056 (-99.8%), from €2,060 to €4
- Gross operating margin -€12,046
down €12,046 (-584.8%), from -€2,060 to -€14,106
- Other operating charges +€2,000
new in 2025: €2,000
- Depreciation +€651
new in 2025: €651
- Financial charges +€428
new in 2025: €428
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 | €7,500 | €7,989 | +€489 | +6.5% |
| Fixed assets | 21/28 | - | €3,508 | +€3,508 | |
| Tangible fixed assets | 22/27 | - | €3,508 | +€3,508 | |
| Furniture and vehicles | 24 | - | €1,603 | +€1,603 | |
| Other tangible fixed assets | 26 | - | €1,904 | +€1,904 | |
| Current assets | 29/58 | €7,500 | €4,482 | -€3,018 | -40.2% |
| Amounts receivable within one year | 40/41 | - | €794 | +€794 | |
| Other amounts receivable | 41 | - | €794 | +€794 | |
| Cash at bank and in hand | 54/58 | €7,500 | €3,688 | -€3,812 | -50.8% |
| Total equity and liabilities | 10/49 | €7,500 | €7,989 | +€489 | +6.5% |
| Equity | 10/15 | €5,440 | -€11,745 | -€17,185 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,060 | -€19,245 | -€17,185 | -834.3% |
| Amounts payable | 17/49 | €2,060 | €19,734 | +€17,674 | +858.0% |
| Amounts payable within one year | 42/48 | €2,060 | €19,734 | +€17,674 | +858.0% |
| Trade debts | 44 | €2,060 | €4 | -€2,056 | -99.8% |
| Suppliers | 440/4 | €2,060 | €4 | -€2,056 | -99.8% |
| Other amounts payable | 47/48 | - | €19,731 | +€19,731 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €651 | +€651 | |
| Other operating charges | 640/8 | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | -€2,060 | -€14,106 | -€12,046 | -584.8% |
| Operating profit (loss) | 9901 | -€2,060 | -€16,756 | -€14,697 | -713.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €428 | +€428 | |
| Recurring financial charges | 65 | - | €428 | +€428 | |
| Profit (loss) for the period before taxes | 9903 | -€2,060 | -€17,185 | -€15,125 | -734.3% |
| Profit (loss) for the period | 9904 | -€2,060 | -€17,185 | -€15,125 | -734.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,060 | -€17,185 | -€15,125 | -734.3% |
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 10 October 2026 via checked.be.