OZPEN: 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.
OZPEN
Largest movements
- Cash -€80,236
down €80,236 (-84.0%), from €95,523 to €15,287
mainly Receivables within one year (-€69,461) and Debts after one year (-€34,533)
- Receivables within one year +€69,461
up €69,461 (+285%), from €24,379 to €93,840
of which Trade receivables: +€38,306
- Financial fixed assets -€17,402
down €17,402 (-95.6%), from €18,204 to €802
- Debts after one year -€34,533
down €34,533 (-59.5%), from €58,038 to €23,505
- Advances received +€23,625
new in 2024: €23,625
- Accrued charges and deferred income -€17,758
down €17,758 (-83.9%), from €21,157 to €3,398
- Trade debts -€14,791
down €14,791 (-71.2%), from €20,774 to €5,983
- Profit (loss) carried forward +€13,894
up €13,894 (+26.9%), from €51,733 to €65,627
- Gross operating margin -€44,199
down €44,199 (-56.1%), from €78,720 to €34,521
- Depreciation -€22,581
no longer reported in 2024 (was €22,581)
- Staff costs +€8,855
up €8,855 (+5,148%), from €172 to €9,027
- Taxes -€2,705
down €2,705 (-30.0%), from €9,018 to €6,313
- Other operating charges +€1,314
up €1,314 (+69.2%), from €1,900 to €3,215
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,586 | €201,219 | -€25,367 | -11.2% |
| Fixed assets | 21/28 | €106,684 | €89,281 | -€17,402 | -16.3% |
| Tangible fixed assets | 22/27 | €88,479 | €88,479 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,074 | €2,074 | = | 0.0% |
| Furniture and vehicles | 24 | €86,405 | €86,405 | = | 0.0% |
| Financial fixed assets | 28 | €18,204 | €802 | -€17,402 | -95.6% |
| Current assets | 29/58 | €119,902 | €111,938 | -€7,964 | -6.6% |
| Stocks and contracts in progress | 3 | - | €2,150 | +€2,150 | |
| Stocks | 30/36 | - | €2,150 | +€2,150 | |
| Amounts receivable within one year | 40/41 | €24,379 | €93,840 | +€69,461 | +285% |
| Trade receivables | 40 | - | €38,306 | +€38,306 | |
| Other amounts receivable | 41 | €24,379 | €55,534 | +€31,155 | +128% |
| Cash at bank and in hand | 54/58 | €95,523 | €15,287 | -€80,236 | -84.0% |
| Deferred charges and accrued income | 490/1 | - | €661 | +€661 | |
| Total equity and liabilities | 10/49 | €226,586 | €201,219 | -€25,367 | -11.2% |
| Equity | 10/15 | €80,835 | €94,729 | +€13,894 | +17.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €10,510 | €10,510 | = | 0.0% |
| 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 | €8,650 | €8,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,733 | €65,627 | +€13,894 | +26.9% |
| Amounts payable | 17/49 | €145,750 | €106,490 | -€39,260 | -26.9% |
| Amounts payable after more than one year | 17 | €58,038 | €23,505 | -€34,533 | -59.5% |
| Financial debts | 170/4 | €58,038 | €23,505 | -€34,533 | -59.5% |
| Amounts payable within one year | 42/48 | €66,556 | €79,586 | +€13,031 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €36,813 | €36,493 | -€320 | -0.9% |
| Trade debts | 44 | €20,774 | €5,983 | -€14,791 | -71.2% |
| Suppliers | 440/4 | €20,774 | €5,983 | -€14,791 | -71.2% |
| Advances received on contracts in progress | 46 | - | €23,625 | +€23,625 | |
| Taxes, remuneration and social security | 45 | €8,968 | €13,485 | +€4,516 | +50.4% |
| Taxes | 450/3 | €7,514 | €13,485 | +€5,971 | +79.5% |
| Remuneration and social security | 454/9 | €1,454 | - | -€1,454 | |
| Accrued charges and deferred income | 492/3 | €21,157 | €3,398 | -€17,758 | -83.9% |
| Non-recurring operating income | 76A | €11,000 | €19,000 | +€8,000 | +72.7% |
| Remuneration, social security and pensions | 62 | €172 | €9,027 | +€8,855 | +5,148% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,581 | - | -€22,581 | |
| Other operating charges | 640/8 | €1,900 | €3,215 | +€1,314 | +69.2% |
| Gross operating margin | 9900 | €78,720 | €34,521 | -€44,199 | -56.1% |
| Operating profit (loss) | 9901 | €54,067 | €22,279 | -€31,787 | -58.8% |
| Financial charges | 65/66B | €2,770 | €2,072 | -€698 | -25.2% |
| Recurring financial charges | 65 | €2,770 | €2,072 | -€698 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €51,297 | €20,207 | -€31,090 | -60.6% |
| Income taxes | 67/77 | €9,018 | €6,313 | -€2,705 | -30.0% |
| Profit (loss) for the period | 9904 | €42,279 | €13,894 | -€28,385 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,279 | €13,894 | -€28,385 | -67.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.