Ozinque: 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.
Ozinque
Largest movements
- Tangible fixed assets +€290,522
up €290,522 (+2,238%), from €12,981 to €303,503
of which Land and buildings: +€235,593
- Financial fixed assets -€202,533
down €202,533 (-99.7%), from €203,196 to €663
- Cash -€27,906
down €27,906 (-49.5%), from €56,364 to €28,458
mainly Net result for the year (-€151,639) and Investment in fixed assets (net) (-€100,589)
- Receivables within one year +€12,470
up €12,470 (+47.4%), from €26,304 to €38,774
of which Trade receivables: +€31,460
- Deferred charges and accrued income +€9,163
up €9,163 (+65.9%), from €13,904 to €23,067
- Revaluation surpluses +€226,000
new in 2025: €226,000
- Profit (loss) carried forward -€219,465
down €219,465, from €27,975 to -€191,490
- Contributions +€51,810
up €51,810 (+432%), from €12,000 to €63,810
- Debts after one year -€20,143
down €20,143 (-15.6%), from €128,897 to €108,753
- Advances received +€14,255
up €14,255 (+38.6%), from €36,962 to €51,217
- Gross operating margin +€75,329
up €75,329 (+123%), from €61,381 to €136,711
- Staff costs +€37,029
new in 2025: €37,029
- Financial charges +€7,543
up €7,543 (+67.8%), from €11,119 to €18,662
- Taxes +€7,524
up €7,524 (+86.2%), from €8,728 to €16,252
- Depreciation +€6,075
up €6,075 (+93.1%), from €6,525 to €12,600
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 | €326,805 | €406,241 | +€79,436 | +24.3% |
| Fixed assets | 21/28 | €216,178 | €304,166 | +€87,989 | +40.7% |
| Tangible fixed assets | 22/27 | €12,981 | €303,503 | +€290,522 | +2,238% |
| Land and buildings | 22 | - | €235,593 | +€235,593 | |
| Plant, machinery and equipment | 23 | €3,978 | €7,867 | +€3,890 | +97.8% |
| Furniture and vehicles | 24 | €9,003 | €4,442 | -€4,561 | -50.7% |
| Assets under construction and advance payments | 27 | - | €55,600 | +€55,600 | |
| Financial fixed assets | 28 | €203,196 | €663 | -€202,533 | -99.7% |
| Current assets | 29/58 | €110,628 | €102,075 | -€8,553 | -7.7% |
| Stocks and contracts in progress | 3 | €14,055 | €11,775 | -€2,280 | -16.2% |
| Stocks | 30/36 | €14,055 | €11,775 | -€2,280 | -16.2% |
| Amounts receivable within one year | 40/41 | €26,304 | €38,774 | +€12,470 | +47.4% |
| Trade receivables | 40 | €2,722 | €34,182 | +€31,460 | +1,156% |
| Other amounts receivable | 41 | €23,582 | €4,593 | -€18,990 | -80.5% |
| Cash at bank and in hand | 54/58 | €56,364 | €28,458 | -€27,906 | -49.5% |
| Deferred charges and accrued income | 490/1 | €13,904 | €23,067 | +€9,163 | +65.9% |
| Total equity and liabilities | 10/49 | €326,805 | €406,241 | +€79,436 | +24.3% |
| Equity | 10/15 | €39,975 | €107,582 | +€67,608 | +169% |
| Contributions | 10/11 | €12,000 | €63,810 | +€51,810 | +432% |
| Revaluation surpluses | 12 | - | €226,000 | +€226,000 | |
| Reserves | 13 | - | €9,263 | +€9,263 | |
| Distributable reserves | 133 | - | €9,263 | +€9,263 | |
| Profit (loss) carried forward | 14 | €27,975 | -€191,490 | -€219,465 | |
| Amounts payable | 17/49 | €286,831 | €298,659 | +€11,828 | +4.1% |
| Amounts payable after more than one year | 17 | €128,897 | €108,753 | -€20,143 | -15.6% |
| Financial debts | 170/4 | €128,897 | €108,753 | -€20,143 | -15.6% |
| Amounts payable within one year | 42/48 | €157,934 | €189,876 | +€31,943 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €20,208 | €20,299 | +€91 | +0.4% |
| Trade debts | 44 | €3,067 | €6,777 | +€3,710 | +121% |
| Suppliers | 440/4 | €3,067 | €6,777 | +€3,710 | +121% |
| Advances received on contracts in progress | 46 | €36,962 | €51,217 | +€14,255 | +38.6% |
| Taxes, remuneration and social security | 45 | €16,728 | €30,650 | +€13,922 | +83.2% |
| Taxes | 450/3 | €16,728 | €26,610 | +€9,882 | +59.1% |
| Remuneration and social security | 454/9 | - | €4,040 | +€4,040 | |
| Other amounts payable | 47/48 | €80,968 | €80,933 | -€35 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €29 | +€29 | |
| Non-recurring operating income | 76A | €21,010 | - | -€21,010 | |
| Remuneration, social security and pensions | 62 | - | €37,029 | +€37,029 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,525 | €12,600 | +€6,075 | +93.1% |
| Other operating charges | 640/8 | €3,801 | €1,198 | -€2,603 | -68.5% |
| Non-recurring operating charges | 66A | €4,468 | €202,743 | +€198,275 | +4,438% |
| Gross operating margin | 9900 | €61,381 | €136,711 | +€75,329 | +123% |
| Operating profit (loss) | 9901 | €46,587 | -€116,860 | -€163,447 | |
| Financial income | 75/76B | €278 | €136 | -€143 | -51.3% |
| Recurring financial income | 75 | €278 | €136 | -€143 | -51.3% |
| Financial charges | 65/66B | €11,119 | €18,662 | +€7,543 | +67.8% |
| Recurring financial charges | 65 | €11,119 | €18,662 | +€7,543 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | €35,746 | -€135,387 | -€171,133 | |
| Income taxes | 67/77 | €8,728 | €16,252 | +€7,524 | +86.2% |
| Profit (loss) for the period | 9904 | €27,018 | -€151,639 | -€178,657 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,018 | -€151,639 | -€178,657 |
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 14 October 2026 via checked.be.