OZ VIII: 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.
OZ VIII
Largest movements
- Cash +€26,367
up €26,367 (+56.9%), from €46,354 to €72,722
mainly Net result for the year (+€37,780) and Tax, wage and social debts (+€1,664)
- Receivables within one year +€12,580
up €12,580 (+303%), from €4,157 to €16,737
- Profit (loss) carried forward +€37,780
up €37,780 (+105%), from €36,010 to €73,790
- Tax, wage and social debts +€1,664
up €1,664 (+12.7%), from €13,063 to €14,727
of which Taxes: +€1,664
- Purchases and services +€104,553
new in 2025: €104,553
- Depreciation -€1,359
no longer reported in 2025 (was €1,359)
- Gross operating margin +€859
up €859 (+1.8%), from €48,587 to €49,446
- Taxes +€692
up €692 (+6.5%), from €10,653 to €11,345
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 | €50,935 | €90,409 | +€39,474 | +77.5% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €50,935 | €90,409 | +€39,474 | +77.5% |
| Amounts receivable within one year | 40/41 | €4,157 | €16,737 | +€12,580 | +303% |
| Other amounts receivable | 41 | €4,157 | €16,737 | +€12,580 | +303% |
| Cash at bank and in hand | 54/58 | €46,354 | €72,722 | +€26,367 | +56.9% |
| Deferred charges and accrued income | 490/1 | €424 | €951 | +€527 | +124% |
| Total equity and liabilities | 10/49 | €50,935 | €90,409 | +€39,474 | +77.5% |
| Equity | 10/15 | €37,010 | €74,790 | +€37,780 | +102% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,010 | €73,790 | +€37,780 | +105% |
| Amounts payable | 17/49 | €13,926 | €15,619 | +€1,693 | +12.2% |
| Amounts payable within one year | 42/48 | €13,926 | €15,619 | +€1,693 | +12.2% |
| Trade debts | 44 | €863 | €892 | +€29 | +3.4% |
| Suppliers | 440/4 | €863 | €892 | +€29 | +3.4% |
| Taxes, remuneration and social security | 45 | €13,063 | €14,727 | +€1,664 | +12.7% |
| Taxes | 450/3 | €12,903 | €14,567 | +€1,664 | +12.9% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €104,553 | +€104,553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,359 | - | -€1,359 | |
| Other operating charges | 640/8 | €375 | - | -€375 | |
| Gross operating margin | 9900 | €48,587 | €49,446 | +€859 | +1.8% |
| Operating profit (loss) | 9901 | €46,852 | €49,446 | +€2,594 | +5.5% |
| Financial charges | 65/66B | €190 | €321 | +€131 | +69.2% |
| Recurring financial charges | 65 | €190 | €321 | +€131 | +69.2% |
| Profit (loss) for the period before taxes | 9903 | €46,663 | €49,125 | +€2,462 | +5.3% |
| Income taxes | 67/77 | €10,653 | €11,345 | +€692 | +6.5% |
| Profit (loss) for the period | 9904 | €36,010 | €37,780 | +€1,771 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,010 | €37,780 | +€1,771 | +4.9% |
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 17 October 2026 via checked.be.