OWS-IT: what changed
Two fiscal 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.
OWS-IT
Largest movements
- Cash +€27,838
up €27,838 (+157.1%), from €17,715 to €45,552
mainly Net result for the year (+€44,016) and Depreciation (+€17,368)
- Tangible fixed assets -€15,196
down €15,196 (-36.8%), from €41,262 to €26,066
- Receivables within one year +€14,301
up €14,301 (+1766.0%), from €810 to €15,111
of which Trade receivables: +€13,172
- Profit (loss) carried forward +€44,016
up €44,016 (+89.8%), from -€49,003 to -€4,987
- Debts after one year -€10,429
down €10,429 (-70.0%), from €14,899 to €4,470
- Reserves -€9,211
down €9,211 (-29.7%), from €30,970 to €21,759
- Other debts -€7,313
down €7,313 (-23.9%), from €30,638 to €23,325
- Tax, wage and social debts +€6,774
up €6,774 (+3478.5%), from €195 to €6,969
of which Taxes: +€5,823
- Gross operating margin +€94,203
up €94,203, from -€28,023 to €66,180
- Financial charges +€1,204
up €1,204 (+91.6%), from €1,315 to €2,519
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.
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 | €60,113 | €87,062 | +€26,949 | +44.8% |
| Fixed assets | 21/28 | €41,262 | €26,066 | -€15,196 | -36.8% |
| Tangible fixed assets | 22/27 | €41,262 | €26,066 | -€15,196 | -36.8% |
| Furniture and vehicles | 24 | €41,262 | €26,066 | -€15,196 | -36.8% |
| Current assets | 29/58 | €18,851 | €60,996 | +€42,145 | +223.6% |
| Amounts receivable within one year | 40/41 | €810 | €15,111 | +€14,301 | +1766.0% |
| Trade receivables | 40 | - | €13,172 | +€13,172 | |
| Other amounts receivable | 41 | €810 | €1,939 | +€1,129 | +139.5% |
| Cash at bank and in hand | 54/58 | €17,715 | €45,552 | +€27,838 | +157.1% |
| Deferred charges and accrued income | 490/1 | €327 | €333 | +€6 | +1.9% |
| Total equity and liabilities | 10/49 | €60,113 | €87,062 | +€26,949 | +44.8% |
| Equity | 10/15 | €1,967 | €36,772 | +€34,805 | +1769.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €30,970 | €21,759 | -€9,211 | -29.7% |
| Distributable reserves | 133 | €30,970 | €21,759 | -€9,211 | -29.7% |
| Profit (loss) carried forward | 14 | -€49,003 | -€4,987 | +€44,016 | +89.8% |
| Amounts payable | 17/49 | €58,147 | €50,291 | -€7,856 | -13.5% |
| Amounts payable after more than one year | 17 | €14,899 | €4,470 | -€10,429 | -70.0% |
| Financial debts | 170/4 | €14,899 | €4,470 | -€10,429 | -70.0% |
| Amounts payable within one year | 42/48 | €43,247 | €44,237 | +€989 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €10,023 | €10,429 | +€406 | +4.1% |
| Trade debts | 44 | €2,391 | €3,513 | +€1,122 | +46.9% |
| Suppliers | 440/4 | €2,391 | €3,513 | +€1,122 | +46.9% |
| Taxes, remuneration and social security | 45 | €195 | €6,969 | +€6,774 | +3478.5% |
| Taxes | 450/3 | €195 | €6,018 | +€5,823 | +2990.2% |
| Remuneration and social security | 454/9 | - | €951 | +€951 | |
| Other amounts payable | 47/48 | €30,638 | €23,325 | -€7,313 | -23.9% |
| Accrued charges and deferred income | 492/3 | - | €1,584 | +€1,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,310 | €17,368 | +€59 | +0.3% |
| Other operating charges | 640/8 | €2,161 | €1,717 | -€445 | -20.6% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Gross operating margin | 9900 | -€28,023 | €66,180 | +€94,203 | |
| Operating profit (loss) | 9901 | -€47,494 | €47,096 | +€94,589 | |
| Financial charges | 65/66B | €1,315 | €2,519 | +€1,204 | +91.6% |
| Recurring financial charges | 65 | €1,315 | €2,519 | +€1,204 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | -€48,808 | €44,577 | +€93,385 | |
| Income taxes | 67/77 | €195 | €561 | +€366 | +188.0% |
| Profit (loss) for the period | 9904 | -€49,003 | €44,016 | +€93,019 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,003 | €44,016 | +€93,019 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.