OZENA: 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.
OZENA
Largest movements
- Cash -€7,949
down €7,949 (-29.6%), from €26,898 to €18,950
mainly Net result for the year (-€20,868) and Receivables within one year (-€2,365)
- Stocks and contracts -€2,893
down €2,893 (-28.6%), from €10,099 to €7,206
- Deferred charges and accrued income -€2,623
down €2,623 (-91.2%), from €2,875 to €252
- Receivables within one year +€2,365
up €2,365 (+181%), from €1,309 to €3,673
of which Trade receivables: +€2,365
- Tangible fixed assets -€1,715
down €1,715 (-41.6%), from €4,121 to €2,406
of which Other tangible fixed assets: -€1,445
- Profit (loss) carried forward -€20,868
down €20,868 (-29.5%), from -€70,854 to -€91,723
- Other debts +€9,800
up €9,800 (+11.5%), from €85,325 to €95,125
- Tax, wage and social debts -€2,076
down €2,076 (-21.3%), from €9,751 to €7,675
of which Taxes: -€2,076
- Gross operating margin -€18,085
down €18,085, from €1,531 to -€16,554
- Depreciation -€721
down €721 (-29.6%), from €2,435 to €1,715
- Other operating charges +€556
up €556 (+41.2%), from €1,350 to €1,906
- Taxes +€357
new in 2025: €357
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 | €45,301 | €32,487 | -€12,814 | -28.3% |
| Fixed assets | 21/28 | €4,121 | €2,406 | -€1,715 | -41.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €4,121 | €2,406 | -€1,715 | -41.6% |
| Furniture and vehicles | 24 | €270 | - | -€270 | |
| Other tangible fixed assets | 26 | €3,851 | €2,406 | -€1,445 | -37.5% |
| Current assets | 29/58 | €41,180 | €30,081 | -€11,099 | -27.0% |
| Stocks and contracts in progress | 3 | €10,099 | €7,206 | -€2,893 | -28.6% |
| Stocks | 30/36 | €10,099 | €7,206 | -€2,893 | -28.6% |
| Amounts receivable within one year | 40/41 | €1,309 | €3,673 | +€2,365 | +181% |
| Trade receivables | 40 | €1,309 | €3,673 | +€2,365 | +181% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €26,898 | €18,950 | -€7,949 | -29.6% |
| Deferred charges and accrued income | 490/1 | €2,875 | €252 | -€2,623 | -91.2% |
| Total equity and liabilities | 10/49 | €45,301 | €32,487 | -€12,814 | -28.3% |
| Equity | 10/15 | -€50,394 | -€71,263 | -€20,868 | -41.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,854 | -€91,723 | -€20,868 | -29.5% |
| Amounts payable | 17/49 | €95,695 | €103,749 | +€8,054 | +8.4% |
| Amounts payable within one year | 42/48 | €95,695 | €103,749 | +€8,054 | +8.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €619 | €949 | +€331 | +53.5% |
| Suppliers | 440/4 | €619 | €949 | +€331 | +53.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,751 | €7,675 | -€2,076 | -21.3% |
| Taxes | 450/3 | €9,751 | €7,675 | -€2,076 | -21.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €85,325 | €95,125 | +€9,800 | +11.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,435 | €1,715 | -€721 | -29.6% |
| Other operating charges | 640/8 | €1,350 | €1,906 | +€556 | +41.2% |
| Gross operating margin | 9900 | €1,531 | -€16,554 | -€18,085 | |
| Operating profit (loss) | 9901 | -€2,254 | -€20,175 | -€17,921 | -795% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €360 | €339 | -€20 | -5.7% |
| Recurring financial charges | 65 | €360 | €339 | -€20 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,613 | -€20,511 | -€17,898 | -685% |
| Income taxes | 67/77 | - | €357 | +€357 | |
| Profit (loss) for the period | 9904 | -€2,613 | -€20,868 | -€18,255 | -698% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,613 | -€20,868 | -€18,255 | -698% |
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.