OZBO: 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.
OZBO
Largest movements
- Current investments +€55,902
new in 2025: €55,902
- Tangible fixed assets +€53,456
up €53,456 (+1979.3%), from €2,701 to €56,157
of which Other tangible fixed assets: +€54,103
- Cash -€50,749
down €50,749 (-79.3%), from €64,000 to €13,251
mainly Current investments (-€55,902) and Investment in fixed assets (net) (-€55,755)
- Receivables within one year +€39,826
up €39,826 (+48.4%), from €82,363 to €122,190
of which Trade receivables: +€21,099
- Deferred charges and accrued income -€25,562
down €25,562 (-97.8%), from €26,148 to €585
- Reserves +€93,463
up €93,463 (+99.0%), from €94,361 to €187,824
- Other debts -€46,771
no longer reported in 2025 (was €46,771)
- Tax, wage and social debts +€24,654
up €24,654 (+75.8%), from €32,528 to €57,182
of which Taxes: +€24,654
- Depreciation +€1,764
up €1,764 (+330.0%), from €535 to €2,299
- Taxes -€1,549
down €1,549 (-5.7%), from €27,198 to €25,649
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 | €175,212 | €248,085 | +€72,874 | +41.6% |
| Fixed assets | 21/28 | €2,701 | €56,157 | +€53,456 | +1979.3% |
| Tangible fixed assets | 22/27 | €2,701 | €56,157 | +€53,456 | +1979.3% |
| Plant, machinery and equipment | 23 | €2,701 | €2,054 | -€647 | -24.0% |
| Other tangible fixed assets | 26 | - | €54,103 | +€54,103 | |
| Current assets | 29/58 | €172,511 | €191,928 | +€19,417 | +11.3% |
| Amounts receivable within one year | 40/41 | €82,363 | €122,190 | +€39,826 | +48.4% |
| Trade receivables | 40 | €82,363 | €103,463 | +€21,099 | +25.6% |
| Other amounts receivable | 41 | - | €18,727 | +€18,727 | |
| Current investments | 50/53 | - | €55,902 | +€55,902 | |
| Cash at bank and in hand | 54/58 | €64,000 | €13,251 | -€50,749 | -79.3% |
| Deferred charges and accrued income | 490/1 | €26,148 | €585 | -€25,562 | -97.8% |
| Total equity and liabilities | 10/49 | €175,212 | €248,085 | +€72,874 | +41.6% |
| Equity | 10/15 | €95,361 | €188,824 | +€93,463 | +98.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €94,361 | €187,824 | +€93,463 | +99.0% |
| Distributable reserves | 133 | €94,361 | €187,824 | +€93,463 | +99.0% |
| Amounts payable | 17/49 | €79,850 | €59,261 | -€20,589 | -25.8% |
| Amounts payable within one year | 42/48 | €79,850 | €58,199 | -€21,651 | -27.1% |
| Trade debts | 44 | €551 | €1,017 | +€466 | +84.6% |
| Suppliers | 440/4 | €551 | €1,017 | +€466 | +84.6% |
| Taxes, remuneration and social security | 45 | €32,528 | €57,182 | +€24,654 | +75.8% |
| Taxes | 450/3 | €32,272 | €56,926 | +€24,654 | +76.4% |
| Remuneration and social security | 454/9 | €256 | €256 | = | 0.0% |
| Other amounts payable | 47/48 | €46,771 | - | -€46,771 | |
| Accrued charges and deferred income | 492/3 | - | €1,062 | +€1,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €535 | €2,299 | +€1,764 | +330.0% |
| Other operating charges | 640/8 | €737 | €909 | +€172 | +23.3% |
| Gross operating margin | 9900 | €125,715 | €125,994 | +€280 | +0.2% |
| Operating profit (loss) | 9901 | €124,443 | €122,786 | -€1,656 | -1.3% |
| Financial income | 75/76B | €27 | €489 | +€462 | +1712.7% |
| Recurring financial income | 75 | €27 | €489 | +€462 | +1712.7% |
| Financial charges | 65/66B | €2,910 | €4,164 | +€1,254 | +43.1% |
| Recurring financial charges | 65 | €2,910 | €4,164 | +€1,254 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €121,560 | €119,112 | -€2,448 | -2.0% |
| Income taxes | 67/77 | €27,198 | €25,649 | -€1,549 | -5.7% |
| Profit (loss) for the period | 9904 | €94,361 | €93,463 | -€898 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,361 | €93,463 | -€898 | -1.0% |
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 9 October 2026 via checked.be.