OZNET: 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.
OZNET
Largest movements
- Tangible fixed assets +€28,485
up €28,485 (+450.8%), from €6,318 to €34,803
of which Furniture and vehicles: +€30,545
- Cash +€23,626
up €23,626 (+14.5%), from €162,978 to €186,604
mainly Other debts (+€150,502) and Net result for the year (+€47,745)
- Receivables within one year -€10,175
down €10,175 (-17.5%), from €58,126 to €47,951
of which Trade receivables: -€10,175
- Deferred charges and accrued income +€7,327
up €7,327 (+58.6%), from €12,508 to €19,835
- Other debts +€150,502
up €150,502 (+4501.1%), from €3,344 to €153,846
- Reserves -€103,845
down €103,845 (-48.3%), from €214,947 to €111,102
- Tax, wage and social debts +€8,791
up €8,791 (+76.4%), from €11,504 to €20,295
- Trade debts -€5,798
down €5,798 (-78.9%), from €7,349 to €1,551
- Gross operating margin -€61,514
down €61,514 (-45.3%), from €135,892 to €74,377
- Taxes -€14,807
down €14,807 (-51.4%), from €28,834 to €14,026
- Depreciation +€9,365
up €9,365 (+342.9%), from €2,731 to €12,096
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 | €240,531 | €289,793 | +€49,263 | +20.5% |
| Fixed assets | 21/28 | €6,918 | €35,403 | +€28,485 | +411.7% |
| Tangible fixed assets | 22/27 | €6,318 | €34,803 | +€28,485 | +450.8% |
| Plant, machinery and equipment | 23 | €5,692 | €3,632 | -€2,060 | -36.2% |
| Furniture and vehicles | 24 | €626 | €31,171 | +€30,545 | +4882.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €233,612 | €254,390 | +€20,778 | +8.9% |
| Amounts receivable within one year | 40/41 | €58,126 | €47,951 | -€10,175 | -17.5% |
| Trade receivables | 40 | €57,903 | €47,728 | -€10,175 | -17.6% |
| Other amounts receivable | 41 | €223 | €223 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €162,978 | €186,604 | +€23,626 | +14.5% |
| Deferred charges and accrued income | 490/1 | €12,508 | €19,835 | +€7,327 | +58.6% |
| Total equity and liabilities | 10/49 | €240,531 | €289,793 | +€49,263 | +20.5% |
| Equity | 10/15 | €217,947 | €114,102 | -€103,845 | -47.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €214,947 | €111,102 | -€103,845 | -48.3% |
| Distributable reserves | 133 | €214,947 | €111,102 | -€103,845 | -48.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,584 | €175,692 | +€153,108 | +678.0% |
| Amounts payable within one year | 42/48 | €22,196 | €175,692 | +€153,495 | +691.5% |
| Trade debts | 44 | €7,349 | €1,551 | -€5,798 | -78.9% |
| Suppliers | 440/4 | €7,349 | €1,551 | -€5,798 | -78.9% |
| Taxes, remuneration and social security | 45 | €11,504 | €20,295 | +€8,791 | +76.4% |
| Taxes | 450/3 | €11,504 | €20,295 | +€8,791 | +76.4% |
| Other amounts payable | 47/48 | €3,344 | €153,846 | +€150,502 | +4501.1% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,731 | €12,096 | +€9,365 | +342.9% |
| Other operating charges | 640/8 | €641 | €670 | +€29 | +4.5% |
| Gross operating margin | 9900 | €135,892 | €74,377 | -€61,514 | -45.3% |
| Operating profit (loss) | 9901 | €132,520 | €61,612 | -€70,908 | -53.5% |
| Financial income | 75/76B | €515 | €525 | +€10 | +1.9% |
| Recurring financial income | 75 | €515 | €525 | +€10 | +1.9% |
| Financial charges | 65/66B | €356 | €365 | +€10 | +2.7% |
| Recurring financial charges | 65 | €356 | €365 | +€10 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €132,679 | €61,772 | -€70,907 | -53.4% |
| Income taxes | 67/77 | €28,834 | €14,026 | -€14,807 | -51.4% |
| Profit (loss) for the period | 9904 | €103,845 | €47,745 | -€56,100 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,845 | €47,745 | -€56,100 | -54.0% |
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.