OZKIM: 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.
OZKIM
Largest movements
- Tangible fixed assets -€12,731
down €12,731 (-28.6%), from €44,537 to €31,806
of which Other tangible fixed assets: -€9,713
- Deferred charges and accrued income -€10,139
down €10,139 (-58.4%), from €17,354 to €7,215
- Cash +€8,283
up €8,283 (+284.7%), from €2,909 to €11,192
mainly Depreciation (+€11,235) and Deferred charges and accrued income (+€10,139)
- Stocks and contracts -€8,123
down €8,123 (-5.8%), from €139,656 to €131,532
- Receivables within one year -€6,314
down €6,314 (-4.5%), from €140,764 to €134,450
of which Trade receivables: -€10,686
- Trade debts -€24,585
down €24,585 (-9.8%), from €251,546 to €226,961
- Accrued charges and deferred income -€10,010
down €10,010 (-80.1%), from €12,500 to €2,491
- Other debts +€6,599
up €6,599, from €0 to €6,599
- Reserves +€5,340
up €5,340 (+287.1%), from €1,860 to €7,200
of which Distributable reserves: +€5,340
- Tax, wage and social debts -€4,159
down €4,159 (-14.4%), from €28,953 to €24,794
of which Taxes: -€4,526
- Staff costs -€9,952
down €9,952 (-8.7%), from €114,084 to €104,132
- Depreciation +€4,222
up €4,222 (+60.2%), from €7,012 to €11,235
- Other operating charges +€4,012
up €4,012 (+241.6%), from €1,660 to €5,673
- Financial charges +€1,620
up €1,620 (+146.4%), from €1,107 to €2,727
- Taxes +€1,563
up €1,563 (+25.7%), from €6,080 to €7,643
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 | €348,894 | €319,870 | -€29,024 | -8.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €47,711 | €34,980 | -€12,731 | -26.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €44,537 | €31,806 | -€12,731 | -28.6% |
| Plant, machinery and equipment | 23 | €9,133 | €6,172 | -€2,961 | -32.4% |
| Furniture and vehicles | 24 | €2,397 | €2,340 | -€57 | -2.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €33,008 | €23,295 | -€9,713 | -29.4% |
| Financial fixed assets | 28 | €3,174 | €3,174 | = | 0.0% |
| Current assets | 29/58 | €301,184 | €284,890 | -€16,293 | -5.4% |
| Stocks and contracts in progress | 3 | €139,656 | €131,532 | -€8,123 | -5.8% |
| Stocks | 30/36 | €139,656 | €131,532 | -€8,123 | -5.8% |
| Amounts receivable within one year | 40/41 | €140,764 | €134,450 | -€6,314 | -4.5% |
| Trade receivables | 40 | €119,296 | €108,610 | -€10,686 | -9.0% |
| Other amounts receivable | 41 | €21,468 | €25,840 | +€4,372 | +20.4% |
| Current investments | 50/53 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,909 | €11,192 | +€8,283 | +284.7% |
| Deferred charges and accrued income | 490/1 | €17,354 | €7,215 | -€10,139 | -58.4% |
| Total equity and liabilities | 10/49 | €348,894 | €319,870 | -€29,024 | -8.3% |
| Equity | 10/15 | €46,420 | €51,760 | +€5,340 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €7,200 | +€5,340 | +287.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €5,340 | +€5,340 | |
| Profit (loss) carried forward | 14 | €25,960 | €25,960 | = | 0.0% |
| Amounts payable | 17/49 | €302,474 | €268,110 | -€34,364 | -11.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €289,974 | €265,619 | -€24,354 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | €9,474 | €7,266 | -€2,209 | -23.3% |
| Credit institutions | 430/8 | €9,474 | €7,266 | -€2,209 | -23.3% |
| Trade debts | 44 | €251,546 | €226,961 | -€24,585 | -9.8% |
| Suppliers | 440/4 | €251,546 | €226,961 | -€24,585 | -9.8% |
| Taxes, remuneration and social security | 45 | €28,953 | €24,794 | -€4,159 | -14.4% |
| Taxes | 450/3 | €13,922 | €9,397 | -€4,526 | -32.5% |
| Remuneration and social security | 454/9 | €15,031 | €15,397 | +€366 | +2.4% |
| Other amounts payable | 47/48 | €0 | €6,599 | +€6,599 | |
| Accrued charges and deferred income | 492/3 | €12,500 | €2,491 | -€10,010 | -80.1% |
| Non-recurring operating income | 76A | €0 | €741 | +€741 | |
| Remuneration, social security and pensions | 62 | €114,084 | €104,132 | -€9,952 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,012 | €11,235 | +€4,222 | +60.2% |
| Other operating charges | 640/8 | €1,660 | €5,673 | +€4,012 | +241.6% |
| Non-recurring operating charges | 66A | €115 | €429 | +€315 | +274.5% |
| Gross operating margin | 9900 | €136,277 | €137,172 | +€894 | +0.7% |
| Operating profit (loss) | 9901 | €13,406 | €15,703 | +€2,297 | +17.1% |
| Financial income | 75/76B | €2 | €7 | +€5 | +207.7% |
| Recurring financial income | 75 | €2 | €7 | +€5 | +207.7% |
| Financial charges | 65/66B | €1,107 | €2,727 | +€1,620 | +146.4% |
| Recurring financial charges | 65 | €1,107 | €2,727 | +€1,620 | +146.4% |
| Profit (loss) for the period before taxes | 9903 | €12,302 | €12,983 | +€681 | +5.5% |
| Income taxes | 67/77 | €6,080 | €7,643 | +€1,563 | +25.7% |
| Profit (loss) for the period | 9904 | €6,222 | €5,340 | -€882 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,222 | €5,340 | -€882 | -14.2% |
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 6 October 2026 via checked.be.