OZE Management: 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.
OZE Management
Largest movements
- Tangible fixed assets -€44,361
down €44,361 (-7.0%), from €636,815 to €592,454
of which Land and buildings: -€36,386
- Receivables within one year +€11,544
up €11,544 (+83.4%), from €13,840 to €25,384
of which Other amounts receivable: +€25,312
- Debts after one year -€60,971
down €60,971 (-11.4%), from €534,498 to €473,527
- Other debts +€24,222
up €24,222 (+3,738%), from €648 to €24,870
- Gross operating margin -€16,752
down €16,752 (-20.5%), from €81,721 to €64,969
- Taxes -€3,886
down €3,886 (-65.6%), from €5,928 to €2,042
- Financial charges -€3,010
down €3,010 (-15.6%), from €19,315 to €16,305
- Other operating charges +€825
up €825 (+14.2%), from €5,811 to €6,636
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €853,822 | €814,066 | -€39,756 | -4.7% |
| Fixed assets | 21/28 | €636,815 | €592,454 | -€44,361 | -7.0% |
| Tangible fixed assets | 22/27 | €636,815 | €592,454 | -€44,361 | -7.0% |
| Land and buildings | 22 | €618,680 | €582,294 | -€36,386 | -5.9% |
| Furniture and vehicles | 24 | €16,135 | €8,160 | -€7,975 | -49.4% |
| Other tangible fixed assets | 26 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €217,007 | €221,612 | +€4,605 | +2.1% |
| Amounts receivable after more than one year | 29 | €201,950 | €195,000 | -€6,950 | -3.4% |
| Other amounts receivable | 291 | €201,950 | €195,000 | -€6,950 | -3.4% |
| Amounts receivable within one year | 40/41 | €13,840 | €25,384 | +€11,544 | +83.4% |
| Trade receivables | 40 | €13,768 | - | -€13,768 | |
| Other amounts receivable | 41 | €72 | €25,384 | +€25,312 | +35,156% |
| Cash at bank and in hand | 54/58 | €246 | €250 | +€4 | +1.6% |
| Deferred charges and accrued income | 490/1 | €971 | €978 | +€7 | +0.7% |
| Total equity and liabilities | 10/49 | €853,822 | €814,066 | -€39,756 | -4.7% |
| Equity | 10/15 | €199,392 | €199,419 | +€27 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €172,589 | €172,596 | +€7 | 0.0% |
| Tax-exempt reserves | 132 | €52,979 | €51,286 | -€1,693 | -3.2% |
| Distributable reserves | 133 | €119,610 | €121,310 | +€1,700 | +1.4% |
| Profit (loss) carried forward | 14 | €20,603 | €20,623 | +€20 | +0.1% |
| Provisions and deferred taxes | 16 | €23,547 | €22,675 | -€872 | -3.7% |
| Deferred taxes | 168 | €23,547 | €22,675 | -€872 | -3.7% |
| Amounts payable | 17/49 | €630,883 | €591,972 | -€38,911 | -6.2% |
| Amounts payable after more than one year | 17 | €534,498 | €473,527 | -€60,971 | -11.4% |
| Financial debts | 170/4 | €534,498 | €473,527 | -€60,971 | -11.4% |
| Amounts payable within one year | 42/48 | €96,385 | €118,445 | +€22,060 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €67,669 | €63,225 | -€4,444 | -6.6% |
| Financial debts | 43 | €23,485 | €22,258 | -€1,227 | -5.2% |
| Credit institutions | 430/8 | €23,485 | €22,258 | -€1,227 | -5.2% |
| Trade debts | 44 | €4,583 | €8,092 | +€3,509 | +76.6% |
| Suppliers | 440/4 | €4,583 | €8,092 | +€3,509 | +76.6% |
| Other amounts payable | 47/48 | €648 | €24,870 | +€24,222 | +3,738% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,885 | €44,361 | -€524 | -1.2% |
| Other operating charges | 640/8 | €5,811 | €6,636 | +€825 | +14.2% |
| Gross operating margin | 9900 | €81,721 | €64,969 | -€16,752 | -20.5% |
| Operating profit (loss) | 9901 | €31,025 | €13,972 | -€17,053 | -55.0% |
| Financial income | 75/76B | €3,659 | €3,530 | -€129 | -3.5% |
| Recurring financial income | 75 | €3,659 | €3,530 | -€129 | -3.5% |
| Financial charges | 65/66B | €19,315 | €16,305 | -€3,010 | -15.6% |
| Recurring financial charges | 65 | €19,315 | €16,305 | -€3,010 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €15,369 | €1,197 | -€14,172 | -92.2% |
| Transfer from deferred taxes | 780 | €872 | €872 | = | 0.0% |
| Income taxes | 67/77 | €5,928 | €2,042 | -€3,886 | -65.6% |
| Profit (loss) for the period | 9904 | €10,313 | €27 | -€10,286 | -99.7% |
| Transfer from tax-exempt reserves | 789 | €1,694 | €1,693 | -€1 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,007 | €1,720 | -€10,287 | -85.7% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.