ÖZER: what changed
Two fiscal 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.
ÖZER
Largest movements
- Receivables within one year +€109,914
up €109,914 (+162.9%), from €67,487 to €177,401
of which Other amounts receivable: +€89,933
- Tangible fixed assets +€30,434
up €30,434 (+92.7%), from €32,839 to €63,272
of which Plant, machinery and equipment: +€25,952
- Cash -€14,134
down €14,134 (-71.8%), from €19,690 to €5,556
mainly Receivables within one year (-€109,914) and Investment in fixed assets (net) (-€58,301)
- Trade debts +€35,128
up €35,128 (+52.4%), from €67,012 to €102,140
- Current portion of long-term debt +€24,019
new in 2025: €24,019
- Tax, wage and social debts +€23,858
up €23,858 (+132.9%), from €17,956 to €41,815
of which Remuneration and social security: +€21,856
- Reserves +€20,318
up €20,318 (+28.5%), from €71,230 to €91,547
- Debts after one year +€18,680
new in 2025: €18,680
- Gross operating margin +€151,828
up €151,828 (+60.0%), from €252,853 to €404,681
- Staff costs +€121,474
up €121,474 (+51.9%), from €234,090 to €355,565
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 | €158,198 | €283,404 | +€125,206 | +79.1% |
| Fixed assets | 21/28 | €39,139 | €70,572 | +€31,434 | +80.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €32,839 | €63,272 | +€30,434 | +92.7% |
| Plant, machinery and equipment | 23 | €24,745 | €50,698 | +€25,952 | +104.9% |
| Furniture and vehicles | 24 | €5,704 | €5,508 | -€195 | -3.4% |
| Other tangible fixed assets | 26 | €2,390 | €7,066 | +€4,676 | +195.7% |
| Financial fixed assets | 28 | €6,300 | €7,300 | +€1,000 | +15.9% |
| Current assets | 29/58 | €119,059 | €212,832 | +€93,773 | +78.8% |
| Stocks and contracts in progress | 3 | €25,660 | €23,548 | -€2,112 | -8.2% |
| Stocks | 30/36 | €25,660 | €23,548 | -€2,112 | -8.2% |
| Amounts receivable within one year | 40/41 | €67,487 | €177,401 | +€109,914 | +162.9% |
| Trade receivables | 40 | €36,401 | €56,381 | +€19,981 | +54.9% |
| Other amounts receivable | 41 | €31,086 | €121,020 | +€89,933 | +289.3% |
| Cash at bank and in hand | 54/58 | €19,690 | €5,556 | -€14,134 | -71.8% |
| Deferred charges and accrued income | 490/1 | €6,223 | €6,328 | +€105 | +1.7% |
| Total equity and liabilities | 10/49 | €158,198 | €283,404 | +€125,206 | +79.1% |
| Equity | 10/15 | €73,230 | €93,547 | +€20,318 | +27.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €71,230 | €91,547 | +€20,318 | +28.5% |
| Distributable reserves | 133 | €71,230 | €91,547 | +€20,318 | +28.5% |
| Amounts payable | 17/49 | €84,968 | €189,857 | +€104,889 | +123.4% |
| Amounts payable after more than one year | 17 | - | €18,680 | +€18,680 | |
| Financial debts | 170/4 | - | €18,680 | +€18,680 | |
| Amounts payable within one year | 42/48 | €84,968 | €171,177 | +€86,209 | +101.5% |
| Current portion of amounts payable after more than one year | 42 | - | €24,019 | +€24,019 | |
| Financial debts | 43 | - | €3,203 | +€3,203 | |
| Credit institutions | 430/8 | - | €3,203 | +€3,203 | |
| Trade debts | 44 | €67,012 | €102,140 | +€35,128 | +52.4% |
| Suppliers | 440/4 | €67,012 | €102,140 | +€35,128 | +52.4% |
| Taxes, remuneration and social security | 45 | €17,956 | €41,815 | +€23,858 | +132.9% |
| Taxes | 450/3 | €1,355 | €3,357 | +€2,002 | +147.8% |
| Remuneration and social security | 454/9 | €16,602 | €38,458 | +€21,856 | +131.6% |
| Non-recurring operating income | 76A | - | €3,462 | +€3,462 | |
| Remuneration, social security and pensions | 62 | €234,090 | €355,565 | +€121,474 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,244 | €26,868 | +€2,624 | +10.8% |
| Other operating charges | 640/8 | €6,786 | €3,573 | -€3,213 | -47.3% |
| Gross operating margin | 9900 | €252,853 | €404,681 | +€151,828 | +60.0% |
| Operating profit (loss) | 9901 | -€12,268 | €18,675 | +€30,943 | |
| Financial income | 75/76B | €1,096 | €3,861 | +€2,765 | +252.3% |
| Recurring financial income | 75 | €1,096 | €3,861 | +€2,765 | +252.3% |
| Financial charges | 65/66B | €111 | €1,901 | +€1,791 | +1619.7% |
| Recurring financial charges | 65 | €111 | €1,901 | +€1,791 | +1619.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,282 | €20,635 | +€31,917 | |
| Income taxes | 67/77 | €332 | €317 | -€15 | -4.5% |
| Profit (loss) for the period | 9904 | -€11,615 | €20,318 | +€31,932 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,615 | €20,318 | +€31,932 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.