Ozer Concept: 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.
Ozer Concept
Largest movements
- Cash -€71,879
down €71,879 (-38.9%), from €184,803 to €112,924
mainly Investment in fixed assets (net) (-€64,529) and Tax, wage and social debts (-€15,703)
- Tangible fixed assets +€37,736
up €37,736 (+106.4%), from €35,460 to €73,196
of which Other tangible fixed assets: +€34,305
- Receivables within one year -€11,434
down €11,434 (-97.4%), from €11,737 to €303
- Financial fixed assets +€7,200
up €7,200 (+108.1%), from €6,658 to €13,858
- Intangible fixed assets +€3,149
up €3,149 (+14.3%), from €21,968 to €25,117
- Tax, wage and social debts -€15,703
down €15,703 (-30.2%), from €51,913 to €36,210
of which Taxes: -€21,661
- Trade debts -€13,172
down €13,172 (-31.5%), from €41,773 to €28,601
- Debts after one year -€10,173
down €10,173 (-62.1%), from €16,377 to €6,204
- Profit (loss) carried forward +€5,735
up €5,735 (+4.6%), from €125,282 to €131,017
- Gross operating margin -€113,749
down €113,749 (-34.1%), from €333,839 to €220,090
- Taxes -€34,140
down €34,140 (-89.8%), from €38,000 to €3,860
- Staff costs +€25,960
up €25,960 (+17.6%), from €147,149 to €173,109
- Financial charges +€13,044
up €13,044 (+168.5%), from €7,740 to €20,785
- Depreciation +€3,590
up €3,590 (+27.9%), from €12,854 to €16,444
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 | €260,625 | €225,398 | -€35,227 | -13.5% |
| Fixed assets | 21/28 | €64,085 | €112,171 | +€48,086 | +75.0% |
| Intangible fixed assets | 21 | €21,968 | €25,117 | +€3,149 | +14.3% |
| Tangible fixed assets | 22/27 | €35,460 | €73,196 | +€37,736 | +106.4% |
| Plant, machinery and equipment | 23 | €5,261 | €5,739 | +€478 | +9.1% |
| Furniture and vehicles | 24 | €13,424 | €16,378 | +€2,954 | +22.0% |
| Other tangible fixed assets | 26 | €16,775 | €51,080 | +€34,305 | +204.5% |
| Financial fixed assets | 28 | €6,658 | €13,858 | +€7,200 | +108.1% |
| Current assets | 29/58 | €196,539 | €113,227 | -€83,313 | -42.4% |
| Amounts receivable within one year | 40/41 | €11,737 | €303 | -€11,434 | -97.4% |
| Trade receivables | 40 | €11,737 | €303 | -€11,434 | -97.4% |
| Cash at bank and in hand | 54/58 | €184,803 | €112,924 | -€71,879 | -38.9% |
| Total equity and liabilities | 10/49 | €260,625 | €225,398 | -€35,227 | -13.5% |
| Equity | 10/15 | €130,282 | €136,017 | +€5,735 | +4.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,282 | €131,017 | +€5,735 | +4.6% |
| Amounts payable | 17/49 | €130,343 | €89,380 | -€40,962 | -31.4% |
| Amounts payable after more than one year | 17 | €16,377 | €6,204 | -€10,173 | -62.1% |
| Financial debts | 170/4 | €16,377 | €6,204 | -€10,173 | -62.1% |
| Amounts payable within one year | 42/48 | €113,966 | €83,176 | -€30,790 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €9,615 | €10,173 | +€558 | +5.8% |
| Trade debts | 44 | €41,773 | €28,601 | -€13,172 | -31.5% |
| Suppliers | 440/4 | €41,773 | €28,601 | -€13,172 | -31.5% |
| Taxes, remuneration and social security | 45 | €51,913 | €36,210 | -€15,703 | -30.2% |
| Taxes | 450/3 | €51,766 | €30,105 | -€21,661 | -41.8% |
| Remuneration and social security | 454/9 | €147 | €6,105 | +€5,958 | +4050.6% |
| Other amounts payable | 47/48 | €10,665 | €8,192 | -€2,473 | -23.2% |
| Remuneration, social security and pensions | 62 | €147,149 | €173,109 | +€25,960 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,854 | €16,444 | +€3,590 | +27.9% |
| Other operating charges | 640/8 | €3,542 | €1,163 | -€2,380 | -67.2% |
| Gross operating margin | 9900 | €333,839 | €220,090 | -€113,749 | -34.1% |
| Operating profit (loss) | 9901 | €170,293 | €29,375 | -€140,918 | -82.8% |
| Financial income | 75/76B | €729 | €1,005 | +€276 | +37.9% |
| Recurring financial income | 75 | €729 | €1,005 | +€276 | +37.9% |
| Financial charges | 65/66B | €7,740 | €20,785 | +€13,044 | +168.5% |
| Recurring financial charges | 65 | €7,740 | €20,785 | +€13,044 | +168.5% |
| Profit (loss) for the period before taxes | 9903 | €163,282 | €9,595 | -€153,686 | -94.1% |
| Income taxes | 67/77 | €38,000 | €3,860 | -€34,140 | -89.8% |
| Profit (loss) for the period | 9904 | €125,282 | €5,735 | -€119,546 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €125,282 | €5,735 | -€119,546 | -95.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.