5 OAKS: 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.
5 OAKS
Largest movements
- Cash -€48,556
down €48,556 (-33.4%), from €145,503 to €96,946
mainly Contributions, distributions and other (-€57,921) and Investment in fixed assets (net) (-€44,931)
- Tangible fixed assets +€26,716
up €26,716 (+64.1%), from €41,677 to €68,393
of which Other tangible fixed assets: +€38,306
- Receivables within one year -€17,243
down €17,243 (-53.5%), from €32,260 to €15,017
of which Trade receivables: -€11,965
- Deferred charges and accrued income -€8,996
down €8,996 (-84.8%), from €10,608 to €1,613
- Reserves -€57,921
down €57,921 (-32.1%), from €180,523 to €122,602
- Other debts +€46,310
up €46,310 (+61.4%), from €75,430 to €121,740
- Trade debts -€19,630
down €19,630 (-65.0%), from €30,199 to €10,569
- Debts after one year -€8,485
no longer reported in 2025 (was €8,485)
- Short-term financial debts -€5,088
no longer reported in 2025 (was €5,088)
- Gross operating margin +€52,870
up €52,870, from -€29,965 to €22,906
- Financial income -€13,662
down €13,662 (-97.1%), from €14,072 to €410
- Depreciation +€10,233
up €10,233 (+128%), from €7,983 to €18,216
- Financial charges -€1,642
down €1,642 (-61.5%), from €2,668 to €1,026
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 | €241,455 | €193,375 | -€48,080 | -19.9% |
| Fixed assets | 21/28 | €41,677 | €68,393 | +€26,716 | +64.1% |
| Tangible fixed assets | 22/27 | €41,677 | €68,393 | +€26,716 | +64.1% |
| Plant, machinery and equipment | 23 | €2,849 | €2,453 | -€395 | -13.9% |
| Furniture and vehicles | 24 | €37,869 | €26,673 | -€11,196 | -29.6% |
| Other tangible fixed assets | 26 | €960 | €39,266 | +€38,306 | +3,991% |
| Current assets | 29/58 | €199,778 | €124,983 | -€74,795 | -37.4% |
| Stocks and contracts in progress | 3 | €11,406 | €11,406 | = | 0.0% |
| Stocks | 30/36 | €11,406 | €11,406 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,260 | €15,017 | -€17,243 | -53.5% |
| Trade receivables | 40 | €12,020 | €55 | -€11,965 | -99.5% |
| Other amounts receivable | 41 | €20,240 | €14,962 | -€5,278 | -26.1% |
| Cash at bank and in hand | 54/58 | €145,503 | €96,946 | -€48,556 | -33.4% |
| Deferred charges and accrued income | 490/1 | €10,608 | €1,613 | -€8,996 | -84.8% |
| Total equity and liabilities | 10/49 | €241,455 | €193,375 | -€48,080 | -19.9% |
| Equity | 10/15 | €105,670 | €50,923 | -€54,748 | -51.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €180,523 | €122,602 | -€57,921 | -32.1% |
| Distributable reserves | 133 | €180,523 | €122,602 | -€57,921 | -32.1% |
| Profit (loss) carried forward | 14 | -€81,052 | -€77,879 | +€3,173 | +3.9% |
| Amounts payable | 17/49 | €135,785 | €142,453 | +€6,668 | +4.9% |
| Amounts payable after more than one year | 17 | €8,485 | - | -€8,485 | |
| Financial debts | 170/4 | €8,485 | - | -€8,485 | |
| Amounts payable within one year | 42/48 | €127,299 | €142,453 | +€15,153 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €10,842 | €8,485 | -€2,357 | -21.7% |
| Financial debts | 43 | €5,088 | - | -€5,088 | |
| Credit institutions | 430/8 | €5,088 | - | -€5,088 | |
| Trade debts | 44 | €30,199 | €10,569 | -€19,630 | -65.0% |
| Suppliers | 440/4 | €30,199 | €10,569 | -€19,630 | -65.0% |
| Taxes, remuneration and social security | 45 | €5,740 | €1,659 | -€4,082 | -71.1% |
| Taxes | 450/3 | €5,740 | €1,659 | -€4,082 | -71.1% |
| Other amounts payable | 47/48 | €75,430 | €121,740 | +€46,310 | +61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,983 | €18,216 | +€10,233 | +128% |
| Other operating charges | 640/8 | €1,010 | €740 | -€271 | -26.8% |
| Non-recurring operating charges | 66A | €36,979 | - | -€36,979 | |
| Gross operating margin | 9900 | -€29,965 | €22,906 | +€52,870 | |
| Operating profit (loss) | 9901 | -€75,937 | €3,950 | +€79,887 | |
| Financial income | 75/76B | €14,072 | €410 | -€13,662 | -97.1% |
| Recurring financial income | 75 | €14,072 | €410 | -€13,662 | -97.1% |
| Financial charges | 65/66B | €2,668 | €1,026 | -€1,642 | -61.5% |
| Recurring financial charges | 65 | €2,668 | €1,026 | -€1,642 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | -€64,533 | €3,334 | +€67,867 | |
| Income taxes | 67/77 | €377 | €161 | -€216 | -57.3% |
| Profit (loss) for the period | 9904 | -€64,910 | €3,173 | +€68,083 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,910 | €3,173 | +€68,083 |
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 27 October 2026 via checked.be.