owtwo: 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.
owtwo
Largest movements
- Receivables within one year +€51,281
up €51,281 (+60.9%), from €84,248 to €135,529
- Tangible fixed assets +€13,660
new in 2025: €13,660
- Cash +€4,588
up €4,588 (+25.3%), from €18,145 to €22,733
mainly Debts within one year (+€53,922) and Net result for the year (+€15,608)
- Debts within one year +€53,922
up €53,922 (+75.9%), from €71,023 to €124,944
of which Trade debts: +€51,729
- Profit (loss) carried forward +€15,608
up €15,608 (+48.9%), from €31,895 to €47,503
- Turnover +€20,521
up €20,521 (+10.5%), from €194,818 to €215,339
- Gross operating margin +€11,961
up €11,961 (+254.9%), from €4,693 to €16,654
- Purchases and services +€8,485
up €8,485 (+4.5%), from €190,201 to €198,685
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 | €102,918 | €172,447 | +€69,529 | +67.6% |
| Fixed assets | 21/28 | €525 | €14,185 | +€13,660 | +2601.9% |
| Tangible fixed assets | 22/27 | - | €13,660 | +€13,660 | |
| Furniture and vehicles | 24 | - | €13,660 | +€13,660 | |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €102,393 | €158,262 | +€55,869 | +54.6% |
| Amounts receivable within one year | 40/41 | €84,248 | €135,529 | +€51,281 | +60.9% |
| Trade receivables | 40 | €84,248 | €135,529 | +€51,281 | +60.9% |
| Cash at bank and in hand | 54/58 | €18,145 | €22,733 | +€4,588 | +25.3% |
| Total equity and liabilities | 10/49 | €102,918 | €172,447 | +€69,529 | +67.6% |
| Equity | 10/15 | €31,895 | €47,503 | +€15,608 | +48.9% |
| Profit (loss) carried forward | 14 | €31,895 | €47,503 | +€15,608 | +48.9% |
| Amounts payable | 17/49 | €71,023 | €124,944 | +€53,922 | +75.9% |
| Amounts payable within one year | 42/48 | €71,023 | €124,944 | +€53,922 | +75.9% |
| Trade debts | 44 | €63,176 | €114,905 | +€51,729 | +81.9% |
| Suppliers | 440/4 | €63,176 | €114,905 | +€51,729 | +81.9% |
| Taxes, remuneration and social security | 45 | €4,029 | €5,216 | +€1,187 | +29.4% |
| Taxes | 450/3 | €4,029 | €5,216 | +€1,187 | +29.4% |
| Turnover | 70 | €194,818 | €215,339 | +€20,521 | +10.5% |
| Non-recurring operating income | 76A | €75 | - | -€75 | |
| Goods, raw materials, services and sundry goods | 60/61 | €190,201 | €198,685 | +€8,485 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,325 | +€1,325 | |
| Other operating charges | 640/8 | €200 | €9 | -€191 | -95.4% |
| Gross operating margin | 9900 | €4,693 | €16,654 | +€11,961 | +254.9% |
| Operating profit (loss) | 9901 | €4,493 | €15,319 | +€10,827 | +241.0% |
| Financial income | 75/76B | - | €382 | +€382 | |
| Recurring financial income | 75 | - | €382 | +€382 | |
| Financial charges | 65/66B | €114 | €94 | -€21 | -18.0% |
| Recurring financial charges | 65 | €114 | €94 | -€21 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €4,378 | €15,608 | +€11,229 | +256.5% |
| Profit (loss) for the period | 9904 | €4,378 | €15,608 | +€11,229 | +256.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,378 | €15,608 | +€11,229 | +256.5% |
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 8 October 2026 via checked.be.