OwnWave: 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.
OwnWave
Largest movements
- Tangible fixed assets +€320,745
up €320,745 (+46.4%), from €690,637 to €1.0m
of which Plant, machinery and equipment: +€338,477
- Receivables within one year +€72,609
up €72,609 (+63.5%), from €114,268 to €186,877
of which Trade receivables: +€66,050
- Debts after one year +€345,620
up €345,620 (+60.3%), from €572,910 to €918,530
of which Financial debts: +€345,620
- Current portion of long-term debt +€44,605
up €44,605 (+79.7%), from €55,994 to €100,599
- Trade debts +€24,540
up €24,540 (+2,383%), from €1,030 to €25,570
- Tax, wage and social debts -€17,717
down €17,717 (-65.6%), from €27,013 to €9,296
- Reserves -€15,254
down €15,254 (-28.9%), from €52,703 to €37,448
- Depreciation +€29,042
up €29,042 (+49.2%), from €59,087 to €88,129
- Financial charges +€21,217
up €21,217 (+125%), from €16,994 to €38,211
- Taxes -€7,617
down €7,617 (-100%), from €7,617 to €0
- Financial income +€7,518
up €7,518 (+1,879,563%), from €0 to €7,519
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 | €821,116 | €1,204,265 | +€383,149 | +46.7% |
| Fixed assets | 21/28 | €691,137 | €1,011,882 | +€320,745 | +46.4% |
| Tangible fixed assets | 22/27 | €690,637 | €1,011,382 | +€320,745 | +46.4% |
| Land and buildings | 22 | €639,395 | €621,857 | -€17,538 | -2.7% |
| Plant, machinery and equipment | 23 | €49,492 | €387,969 | +€338,477 | +684% |
| Furniture and vehicles | 24 | €1,750 | €1,556 | -€194 | -11.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €129,979 | €192,383 | +€62,404 | +48.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €114,268 | €186,877 | +€72,609 | +63.5% |
| Trade receivables | 40 | €0 | €66,050 | +€66,050 | |
| Other amounts receivable | 41 | €114,268 | €120,827 | +€6,559 | +5.7% |
| Cash at bank and in hand | 54/58 | €15,711 | €5,506 | -€10,205 | -65.0% |
| Total equity and liabilities | 10/49 | €821,116 | €1,204,265 | +€383,149 | +46.7% |
| Equity | 10/15 | €57,703 | €42,448 | -€15,254 | -26.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €52,703 | €37,448 | -€15,254 | -28.9% |
| Distributable reserves | 133 | €52,703 | €37,448 | -€15,254 | -28.9% |
| Amounts payable | 17/49 | €763,413 | €1,161,817 | +€398,403 | +52.2% |
| Amounts payable after more than one year | 17 | €572,910 | €918,530 | +€345,620 | +60.3% |
| Financial debts | 170/4 | €572,910 | €918,530 | +€345,620 | +60.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €185,520 | €235,908 | +€50,388 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | €55,994 | €100,599 | +€44,605 | +79.7% |
| Trade debts | 44 | €1,030 | €25,570 | +€24,540 | +2,383% |
| Suppliers | 440/4 | €1,030 | €25,570 | +€24,540 | +2,383% |
| Taxes, remuneration and social security | 45 | €27,013 | €9,296 | -€17,717 | -65.6% |
| Taxes | 450/3 | €27,013 | €9,296 | -€17,717 | -65.6% |
| Other amounts payable | 47/48 | €101,483 | €100,444 | -€1,039 | -1.0% |
| Accrued charges and deferred income | 492/3 | €4,983 | €7,378 | +€2,395 | +48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,087 | €88,129 | +€29,042 | +49.2% |
| Other operating charges | 640/8 | €5,212 | €6,297 | +€1,085 | +20.8% |
| Gross operating margin | 9900 | €110,805 | €109,864 | -€941 | -0.8% |
| Operating profit (loss) | 9901 | €46,506 | €15,438 | -€31,068 | -66.8% |
| Financial income | 75/76B | €0 | €7,519 | +€7,518 | +1,879,563% |
| Recurring financial income | 75 | €0 | €7,519 | +€7,518 | +1,879,563% |
| Financial charges | 65/66B | €16,994 | €38,211 | +€21,217 | +125% |
| Recurring financial charges | 65 | €16,994 | €38,211 | +€21,217 | +125% |
| Profit (loss) for the period before taxes | 9903 | €29,512 | -€15,254 | -€44,767 | |
| Income taxes | 67/77 | €7,617 | €0 | -€7,617 | -100% |
| Profit (loss) for the period | 9904 | €21,895 | -€15,254 | -€37,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,895 | -€15,254 | -€37,150 |
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 26 October 2026 via checked.be.