OWLY: 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.
OWLY
Largest movements
- Cash -€27,179
down €27,179 (-48.6%), from €55,958 to €28,778
mainly Debts after one year (-€34,901) and Current investments (-€15,331)
- Tangible fixed assets -€25,365
down €25,365 (-9.0%), from €280,591 to €255,226
of which Furniture and vehicles: -€20,076
- Current investments +€15,331
new in 2025: €15,331
- Receivables within one year +€11,717
up €11,717 (+7.5%), from €155,936 to €167,653
of which Trade receivables: +€6,998
- Debts after one year -€34,901
down €34,901 (-11.7%), from €297,134 to €262,233
- Reserves +€19,030
up €19,030 (+21.5%), from €88,470 to €107,500
of which Distributable reserves: +€19,030
- Trade debts -€14,312
down €14,312 (-69.5%), from €20,606 to €6,294
- Other operating charges +€14,545
up €14,545 (+136%), from €10,660 to €25,205
- Taxes -€5,531
down €5,531 (-50.4%), from €10,971 to €5,440
- Depreciation +€5,192
up €5,192 (+19.0%), from €27,382 to €32,574
- Staff costs -€3,642
down €3,642 (-3.8%), from €96,049 to €92,406
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 | €575,166 | €552,785 | -€22,382 | -3.9% |
| Fixed assets | 21/28 | €359,240 | €331,808 | -€27,432 | -7.6% |
| Tangible fixed assets | 22/27 | €280,591 | €255,226 | -€25,365 | -9.0% |
| Land and buildings | 22 | €187,595 | €183,050 | -€4,545 | -2.4% |
| Plant, machinery and equipment | 23 | €1,225 | €481 | -€745 | -60.8% |
| Furniture and vehicles | 24 | €91,770 | €71,695 | -€20,076 | -21.9% |
| Financial fixed assets | 28 | €78,649 | €76,582 | -€2,067 | -2.6% |
| Current assets | 29/58 | €215,926 | €220,976 | +€5,050 | +2.3% |
| Amounts receivable after more than one year | 29 | - | €5,000 | +€5,000 | |
| Trade receivables | 290 | - | €5,000 | +€5,000 | |
| Stocks and contracts in progress | 3 | €1,597 | €1,500 | -€97 | -6.1% |
| Stocks | 30/36 | €1,597 | €1,500 | -€97 | -6.1% |
| Amounts receivable within one year | 40/41 | €155,936 | €167,653 | +€11,717 | +7.5% |
| Trade receivables | 40 | €7,051 | €14,049 | +€6,998 | +99.2% |
| Other amounts receivable | 41 | €148,885 | €153,604 | +€4,719 | +3.2% |
| Current investments | 50/53 | - | €15,331 | +€15,331 | |
| Cash at bank and in hand | 54/58 | €55,958 | €28,778 | -€27,179 | -48.6% |
| Deferred charges and accrued income | 490/1 | €2,435 | €2,715 | +€280 | +11.5% |
| Total equity and liabilities | 10/49 | €575,166 | €552,785 | -€22,382 | -3.9% |
| Equity | 10/15 | €95,150 | €113,879 | +€18,729 | +19.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €88,470 | €107,500 | +€19,030 | +21.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €88,470 | €107,500 | +€19,030 | +21.5% |
| Profit (loss) carried forward | 14 | €480 | €179 | -€301 | -62.6% |
| Amounts payable | 17/49 | €480,016 | €438,905 | -€41,111 | -8.6% |
| Amounts payable after more than one year | 17 | €297,134 | €262,233 | -€34,901 | -11.7% |
| Financial debts | 170/4 | €297,134 | €262,233 | -€34,901 | -11.7% |
| Amounts payable within one year | 42/48 | €182,882 | €176,672 | -€6,210 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €34,060 | €34,901 | +€841 | +2.5% |
| Financial debts | 43 | - | €4 | +€4 | |
| Credit institutions | 430/8 | - | €4 | +€4 | |
| Trade debts | 44 | €20,606 | €6,294 | -€14,312 | -69.5% |
| Suppliers | 440/4 | €20,606 | €6,294 | -€14,312 | -69.5% |
| Taxes, remuneration and social security | 45 | €15,841 | €17,839 | +€1,998 | +12.6% |
| Taxes | 450/3 | €7,510 | €6,779 | -€731 | -9.7% |
| Remuneration and social security | 454/9 | €8,331 | €11,060 | +€2,729 | +32.8% |
| Other amounts payable | 47/48 | €112,375 | €117,634 | +€5,259 | +4.7% |
| Remuneration, social security and pensions | 62 | €96,049 | €92,406 | -€3,642 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,382 | €32,574 | +€5,192 | +19.0% |
| Other operating charges | 640/8 | €10,660 | €25,205 | +€14,545 | +136% |
| Non-recurring operating charges | 66A | €0 | €16,020 | +€16,020 | |
| Gross operating margin | 9900 | €194,527 | €196,072 | +€1,545 | +0.8% |
| Operating profit (loss) | 9901 | €60,437 | €29,868 | -€30,569 | -50.6% |
| Financial income | 75/76B | €3 | €1 | -€3 | -77.6% |
| Recurring financial income | 75 | €3 | €1 | -€3 | -77.6% |
| Financial charges | 65/66B | €6,158 | €5,699 | -€458 | -7.4% |
| Recurring financial charges | 65 | €6,158 | €5,699 | -€458 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €54,282 | €24,169 | -€30,113 | -55.5% |
| Income taxes | 67/77 | €10,971 | €5,440 | -€5,531 | -50.4% |
| Profit (loss) for the period | 9904 | €43,311 | €18,729 | -€24,582 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,311 | €18,729 | -€24,582 | -56.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.