O'KINE: 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.
O'KINE
Largest movements
- Cash +€52,731
up €52,731 (+156%), from €33,799 to €86,530
mainly Net result for the year (+€46,270) and Depreciation (+€12,083)
- Tangible fixed assets -€9,422
down €9,422 (-20.0%), from €47,163 to €37,741
of which Furniture and vehicles: -€6,216
- Reserves +€46,270
up €46,270 (+122%), from €38,035 to €84,305
- Debts after one year -€2,778
down €2,778 (-9.7%), from €28,662 to €25,884
- Other debts -€1,523
down €1,523 (-20.3%), from €7,490 to €5,967
- Tax, wage and social debts +€1,422
up €1,422 (+204%), from €696 to €2,118
- Gross operating margin +€24,898
up €24,898 (+51.9%), from €47,932 to €72,831
- Taxes +€4,422
up €4,422 (+57.5%), from €7,696 to €12,118
- Depreciation +€3,936
up €3,936 (+48.3%), from €8,147 to €12,083
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 | €81,223 | €124,271 | +€43,048 | +53.0% |
| Fixed assets | 21/28 | €47,163 | €37,741 | -€9,422 | -20.0% |
| Tangible fixed assets | 22/27 | €47,163 | €37,741 | -€9,422 | -20.0% |
| Plant, machinery and equipment | 23 | €7,778 | €5,669 | -€2,109 | -27.1% |
| Furniture and vehicles | 24 | €35,609 | €29,393 | -€6,216 | -17.5% |
| Other tangible fixed assets | 26 | €3,775 | €2,679 | -€1,097 | -29.0% |
| Current assets | 29/58 | €34,061 | €86,530 | +€52,470 | +154% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €33,799 | €86,530 | +€52,731 | +156% |
| Deferred charges and accrued income | 490/1 | €261 | €0 | -€261 | -100% |
| Total equity and liabilities | 10/49 | €81,223 | €124,271 | +€43,048 | +53.0% |
| Equity | 10/15 | €43,035 | €89,305 | +€46,270 | +108% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,035 | €84,305 | +€46,270 | +122% |
| Distributable reserves | 133 | €38,035 | €84,305 | +€46,270 | +122% |
| Amounts payable | 17/49 | €38,189 | €34,966 | -€3,222 | -8.4% |
| Amounts payable after more than one year | 17 | €28,662 | €25,884 | -€2,778 | -9.7% |
| Financial debts | 170/4 | €28,662 | €25,884 | -€2,778 | -9.7% |
| Amounts payable within one year | 42/48 | €8,848 | €8,994 | +€146 | +1.6% |
| Trade debts | 44 | €662 | €909 | +€247 | +37.4% |
| Suppliers | 440/4 | €662 | €909 | +€247 | +37.4% |
| Taxes, remuneration and social security | 45 | €696 | €2,118 | +€1,422 | +204% |
| Taxes | 450/3 | €696 | €2,118 | +€1,422 | +204% |
| Other amounts payable | 47/48 | €7,490 | €5,967 | -€1,523 | -20.3% |
| Accrued charges and deferred income | 492/3 | €678 | €88 | -€591 | -87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,147 | €12,083 | +€3,936 | +48.3% |
| Other operating charges | 640/8 | €1,399 | €1,409 | +€11 | +0.8% |
| Gross operating margin | 9900 | €47,932 | €72,831 | +€24,898 | +51.9% |
| Operating profit (loss) | 9901 | €38,387 | €59,339 | +€20,951 | +54.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,247 | €951 | -€296 | -23.8% |
| Recurring financial charges | 65 | €1,247 | €951 | -€296 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €37,140 | €58,388 | +€21,248 | +57.2% |
| Income taxes | 67/77 | €7,696 | €12,118 | +€4,422 | +57.5% |
| Profit (loss) for the period | 9904 | €29,444 | €46,270 | +€16,826 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,444 | €46,270 | +€16,826 | +57.1% |
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 23 October 2026 via checked.be.