OZD: 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.
OZD
Largest movements
- Receivables within one year -€20,625
down €20,625 (-12.4%), from €165,870 to €145,245
of which Trade receivables: -€12,105
- Cash -€8,933
down €8,933 (-97.2%), from €9,195 to €262
mainly Net result for the year (-€62,922) and Investment in fixed assets (net) (-€11,501)
- Tangible fixed assets +€4,075
up €4,075 (+27.6%), from €14,783 to €18,858
of which Furniture and vehicles: +€5,209
- Stocks and contracts -€2,102
down €2,102 (-13.2%), from €15,918 to €13,816
- Profit (loss) carried forward -€62,922
new in 2025: -€62,922
- Trade debts +€31,339
up €31,339 (+47.6%), from €65,822 to €97,161
- Other debts +€6,359
up €6,359 (+13.9%), from €45,701 to €52,060
- Purchases and services -€94,357
down €94,357 (-19.0%), from €496,132 to €401,775
- Staff costs +€50,711
up €50,711 (+26.8%), from €189,437 to €240,148
- Gross operating margin -€29,255
down €29,255 (-12.0%), from €243,423 to €214,168
- Taxes +€7,746
up €7,746 (+176%), from €4,412 to €12,158
- Other operating charges +€5,909
up €5,909 (+167%), from €3,542 to €9,451
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 | €206,029 | €178,836 | -€27,193 | -13.2% |
| Fixed assets | 21/28 | €14,783 | €18,858 | +€4,075 | +27.6% |
| Tangible fixed assets | 22/27 | €14,783 | €18,858 | +€4,075 | +27.6% |
| Plant, machinery and equipment | 23 | €10,945 | €9,811 | -€1,134 | -10.4% |
| Furniture and vehicles | 24 | €3,838 | €9,047 | +€5,209 | +136% |
| Current assets | 29/58 | €191,246 | €159,977 | -€31,268 | -16.3% |
| Stocks and contracts in progress | 3 | €15,918 | €13,816 | -€2,102 | -13.2% |
| Stocks | 30/36 | €15,918 | €13,816 | -€2,102 | -13.2% |
| Amounts receivable within one year | 40/41 | €165,870 | €145,245 | -€20,625 | -12.4% |
| Trade receivables | 40 | €135,166 | €123,061 | -€12,105 | -9.0% |
| Other amounts receivable | 41 | €30,704 | €22,184 | -€8,520 | -27.7% |
| Current investments | 50/53 | €262 | - | -€262 | |
| Cash at bank and in hand | 54/58 | €9,195 | €262 | -€8,933 | -97.2% |
| Deferred charges and accrued income | 490/1 | - | €654 | +€654 | |
| Total equity and liabilities | 10/49 | €206,029 | €178,836 | -€27,193 | -13.2% |
| Equity | 10/15 | €82,226 | €19,304 | -€62,922 | -76.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,626 | €63,626 | = | 0.0% |
| Distributable reserves | 133 | €63,626 | €63,626 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€62,922 | -€62,922 | |
| Amounts payable | 17/49 | €123,803 | €159,532 | +€35,729 | +28.9% |
| Amounts payable within one year | 42/48 | €123,803 | €159,532 | +€35,729 | +28.9% |
| Trade debts | 44 | €65,822 | €97,161 | +€31,339 | +47.6% |
| Suppliers | 440/4 | €65,822 | €97,161 | +€31,339 | +47.6% |
| Taxes, remuneration and social security | 45 | €12,280 | €10,310 | -€1,969 | -16.0% |
| Taxes | 450/3 | €1,196 | €135 | -€1,061 | -88.7% |
| Remuneration and social security | 454/9 | €11,084 | €10,175 | -€908 | -8.2% |
| Other amounts payable | 47/48 | €45,701 | €52,060 | +€6,359 | +13.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €496,132 | €401,775 | -€94,357 | -19.0% |
| Remuneration, social security and pensions | 62 | €189,437 | €240,148 | +€50,711 | +26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,038 | €7,425 | -€2,613 | -26.0% |
| Other operating charges | 640/8 | €3,542 | €9,451 | +€5,909 | +167% |
| Non-recurring operating charges | 66A | - | €2,381 | +€2,381 | |
| Gross operating margin | 9900 | €243,423 | €214,168 | -€29,255 | -12.0% |
| Operating profit (loss) | 9901 | €40,406 | -€45,237 | -€85,643 | |
| Financial income | 75/76B | €93 | €190 | +€97 | +105% |
| Recurring financial income | 75 | €93 | €190 | +€97 | +105% |
| Financial charges | 65/66B | €4,135 | €5,717 | +€1,582 | +38.3% |
| Recurring financial charges | 65 | €4,135 | €5,717 | +€1,582 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €36,363 | -€50,764 | -€87,127 | |
| Income taxes | 67/77 | €4,412 | €12,158 | +€7,746 | +176% |
| Profit (loss) for the period | 9904 | €31,952 | -€62,922 | -€94,874 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,952 | -€62,922 | -€94,874 |
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 27 October 2026 via checked.be.