OZK.BE: 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.
What changed
OZK.BE
NACE 46.900, Non-specialised wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€66,237
2024 · €193,691-€127,454
Equity
€265,928
2024 · €199,691+€66,237
Cash
€115,279
2024 · €53,028+€62,250
Balance sheet total
€1.2m
2024 · €948,252+€243,508
Largest movements
Assets
- Receivables within one year +€81,478
up €81,478 (+34.7%), from €234,693 to €316,171
of which Other amounts receivable: +€84,056
- Stocks and contracts +€79,822
up €79,822 (+17.1%), from €465,682 to €545,505
of which Stocks: +€79,822
- Cash +€62,250
up €62,250 (+117.4%), from €53,028 to €115,279
mainly Short-term financial debts (+€132,362) and Debts after one year (+€95,028)
- Deferred charges and accrued income +€25,336
up €25,336, from €0 to €25,336
Equity and liabilities
- Short-term financial debts +€132,362
up €132,362, from €0 to €132,362
of which Credit institutions: +€132,362
- Debts after one year +€95,028
up €95,028 (+75.7%), from €125,511 to €220,539
of which Financial debts: +€95,028
- Profit (loss) carried forward +€66,237
up €66,237 (+34.2%), from €193,691 to €259,928
- Trade debts -€52,453
down €52,453 (-11.6%), from €451,976 to €399,522
of which Suppliers: -€52,453
- Tax, wage and social debts -€41,519
down €41,519 (-30.7%), from €135,381 to €93,862
of which Taxes: -€55,176
Income statement
- Turnover +€1.3m
up €1.3m (+57.9%), from €2.3m to €3.6m
- Purchases and services +€1.0m
up €1.0m (+46.8%), from €2.2m to €3.3m
- Staff costs +€214,657
up €214,657 (+418.5%), from €51,288 to €265,945
- Gross operating margin +€100,557
up €100,557 (+28.8%), from €349,426 to €449,983
- Taxes -€41,226
down €41,226 (-55.8%), from €73,923 to €32,697
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.
Result 2024
€193,691
Gross operating margin
+€100,557
Staff costs
-€214,657
Depreciation
-€29,259
Other operating charges
-€14,420
Financial income
+€909
Financial charges
-€11,811
Taxes
+€41,226
Result 2025
€66,237
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.
From operations
-€164,708
Investment
-€40,152
Financing
+€267,109
Cash 2024
€53,028
From operations (derived)
-€164,708
Net result for the year
+€66,237
Depreciation
+€45,530
Stocks and contracts
-€79,822
Receivables within one year
-€81,478
Deferred charges and accrued income
-€25,336
Trade debts
-€52,453
Tax, wage and social debts
-€41,519
Other debts
+€1,640
Accrued charges and deferred income
+€2,495
Investment (derived)
-€40,152
Investment in fixed assets (net)
-€40,152
Financing
+€267,109
Debts after one year
+€95,028
Current portion of long-term debt
+€39,719
Short-term financial debts
+€132,362
Cash 2025
€115,279
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €948,252 | €1,191,760 | +€243,508 | +25.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €194,848 | €189,470 | -€5,378 | -2.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €194,848 | €189,470 | -€5,378 | -2.8% |
| Land and buildings | 22 | €0 | €6,230 | +€6,230 | |
| Plant, machinery and equipment | 23 | €18,078 | €45,442 | +€27,364 | +151.4% |
| Furniture and vehicles | 24 | €176,770 | €137,798 | -€38,973 | -22.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €753,404 | €1,002,290 | +€248,886 | +33.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €465,682 | €545,505 | +€79,822 | +17.1% |
| Stocks | 30/36 | €465,682 | €545,505 | +€79,822 | +17.1% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €234,693 | €316,171 | +€81,478 | +34.7% |
| Trade receivables | 40 | €228,062 | €225,483 | -€2,578 | -1.1% |
| Other amounts receivable | 41 | €6,631 | €90,688 | +€84,056 | +1267.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €53,028 | €115,279 | +€62,250 | +117.4% |
| Deferred charges and accrued income | 490/1 | €0 | €25,336 | +€25,336 | |
| Total equity and liabilities | 10/49 | €948,252 | €1,191,760 | +€243,508 | +25.7% |
| Equity | 10/15 | €199,691 | €265,928 | +€66,237 | +33.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €193,691 | €259,928 | +€66,237 | +34.2% |
| Investment grants | 15 | €0 | - | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €748,561 | €925,832 | +€177,271 | +23.7% |
| Amounts payable after more than one year | 17 | €125,511 | €220,539 | +€95,028 | +75.7% |
| Financial debts | 170/4 | €125,511 | €220,539 | +€95,028 | +75.7% |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €621,675 | €701,424 | +€79,749 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €34,318 | €74,037 | +€39,719 | +115.7% |
| Financial debts | 43 | €0 | €132,362 | +€132,362 | |
| Credit institutions | 430/8 | €0 | €132,362 | +€132,362 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €451,976 | €399,522 | -€52,453 | -11.6% |
| Suppliers | 440/4 | €451,976 | €399,522 | -€52,453 | -11.6% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €135,381 | €93,862 | -€41,519 | -30.7% |
| Taxes | 450/3 | €122,812 | €67,637 | -€55,176 | -44.9% |
| Remuneration and social security | 454/9 | €12,569 | €26,225 | +€13,656 | +108.7% |
| Other amounts payable | 47/48 | €0 | €1,640 | +€1,640 | |
| Accrued charges and deferred income | 492/3 | €1,375 | €3,870 | +€2,495 | +181.4% |
| Turnover | 70 | €2,263,974 | €3,573,918 | +€1.3m | +57.9% |
| Non-recurring operating income | 76A | €471,469 | - | -€471,469 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,224,805 | €3,265,506 | +€1.0m | +46.8% |
| Remuneration, social security and pensions | 62 | €51,288 | €265,945 | +€214,657 | +418.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,271 | €45,530 | +€29,259 | +179.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €6,838 | €21,258 | +€14,420 | +210.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €349,426 | €449,983 | +€100,557 | +28.8% |
| Operating profit (loss) | 9901 | €275,029 | €117,250 | -€157,779 | -57.4% |
| Financial income | 75/76B | €450 | €1,358 | +€909 | +202.1% |
| Recurring financial income | 75 | €450 | €1,358 | +€909 | +202.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,865 | €19,675 | +€11,811 | +150.2% |
| Recurring financial charges | 65 | €7,865 | €19,675 | +€11,811 | +150.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €267,614 | €98,933 | -€168,681 | -63.0% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €73,923 | €32,697 | -€41,226 | -55.8% |
| Profit (loss) for the period | 9904 | €193,691 | €66,237 | -€127,454 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €193,691 | €66,237 | -€127,454 | -65.8% |
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 5 October 2026 via checked.be.