OVEA: 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.
OVEA
Largest movements
- Receivables within one year -€14,577
down €14,577 (-53.7%), from €27,163 to €12,586
of which Trade receivables: -€13,389
- Cash -€7,422
down €7,422 (-6.2%), from €120,299 to €112,877
mainly Other debts (-€13,615) and Net result for the year (-€12,654)
- Tangible fixed assets -€4,175
no longer reported in 2025 (was €4,175)
of which Furniture and vehicles: -€3,996
- Other debts -€13,615
down €13,615 (-10.1%), from €134,280 to €120,664
- Profit (loss) carried forward -€12,654
down €12,654, from €1,850 to -€10,804
- Trade debts -€2,430
down €2,430 (-78.3%), from €3,103 to €673
- Gross operating margin -€39,039
down €39,039, from €28,479 to -€10,560
- Depreciation -€5,116
down €5,116 (-96.6%), from €5,295 to €179
- Taxes -€410
down €410 (-40.3%), from €1,017 to €607
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 | €153,495 | €126,024 | -€27,471 | -17.9% |
| Fixed assets | 21/28 | €4,175 | - | -€4,175 | |
| Tangible fixed assets | 22/27 | €4,175 | - | -€4,175 | |
| Plant, machinery and equipment | 23 | €179 | - | -€179 | |
| Furniture and vehicles | 24 | €3,996 | - | -€3,996 | |
| Current assets | 29/58 | €149,320 | €126,024 | -€23,296 | -15.6% |
| Amounts receivable within one year | 40/41 | €27,163 | €12,586 | -€14,577 | -53.7% |
| Trade receivables | 40 | €24,689 | €11,300 | -€13,389 | -54.2% |
| Other amounts receivable | 41 | €2,474 | €1,286 | -€1,188 | -48.0% |
| Cash at bank and in hand | 54/58 | €120,299 | €112,877 | -€7,422 | -6.2% |
| Deferred charges and accrued income | 490/1 | €1,858 | €561 | -€1,297 | -69.8% |
| Total equity and liabilities | 10/49 | €153,495 | €126,024 | -€27,471 | -17.9% |
| Equity | 10/15 | €14,250 | €1,596 | -€12,654 | -88.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,850 | -€10,804 | -€12,654 | |
| Amounts payable | 17/49 | €139,245 | €124,428 | -€14,817 | -10.6% |
| Amounts payable within one year | 42/48 | €139,165 | €124,162 | -€15,003 | -10.8% |
| Trade debts | 44 | €3,103 | €673 | -€2,430 | -78.3% |
| Suppliers | 440/4 | €3,103 | €673 | -€2,430 | -78.3% |
| Taxes, remuneration and social security | 45 | €1,783 | €2,825 | +€1,042 | +58.5% |
| Taxes | 450/3 | €1,783 | €1,625 | -€158 | -8.9% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €134,280 | €120,664 | -€13,615 | -10.1% |
| Accrued charges and deferred income | 492/3 | €80 | €266 | +€186 | +233% |
| Non-recurring operating income | 76A | - | €5,343 | +€5,343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,295 | €179 | -€5,116 | -96.6% |
| Other operating charges | 640/8 | €1,247 | €1,125 | -€123 | -9.8% |
| Gross operating margin | 9900 | €28,479 | -€10,560 | -€39,039 | |
| Operating profit (loss) | 9901 | €21,936 | -€11,864 | -€33,800 | |
| Financial charges | 65/66B | €164 | €182 | +€19 | +11.3% |
| Recurring financial charges | 65 | €164 | €182 | +€19 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €21,772 | -€12,046 | -€33,819 | |
| Income taxes | 67/77 | €1,017 | €607 | -€410 | -40.3% |
| Profit (loss) for the period | 9904 | €20,755 | -€12,654 | -€33,409 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,755 | -€12,654 | -€33,409 |
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 24 October 2026 via checked.be.