OAK: 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.
OAK
Largest movements
- Cash +€9,883
up €9,883 (+53.1%), from €18,616 to €28,498
mainly Short-term financial debts (+€50,000) and Depreciation (+€2,852)
- Short-term financial debts +€50,000
up €50,000 (+100.0%), from €50,000 to €100,000
- Profit (loss) carried forward -€20,776
down €20,776 (-3.8%), from €543,882 to €523,106
- Gross operating margin -€4,114
down €4,114 (-23.9%), from -€17,212 to -€21,326
- Financial charges +€1,566
up €1,566 (+23.9%), from €6,538 to €8,104
- Depreciation +€465
up €465 (+19.5%), from €2,387 to €2,852
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 | €842,236 | €859,034 | +€16,798 | +2.0% |
| Fixed assets | 21/28 | €3,867 | €3,293 | -€574 | -14.8% |
| Tangible fixed assets | 22/27 | €3,867 | €3,293 | -€574 | -14.8% |
| Furniture and vehicles | 24 | €3,867 | €3,293 | -€574 | -14.8% |
| Current assets | 29/58 | €838,369 | €855,742 | +€17,372 | +2.1% |
| Stocks and contracts in progress | 3 | €16,220 | €16,220 | = | 0.0% |
| Stocks | 30/36 | €16,220 | €16,220 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €800,760 | €808,660 | +€7,901 | +1.0% |
| Trade receivables | 40 | €40,148 | €22,026 | -€18,122 | -45.1% |
| Other amounts receivable | 41 | €760,612 | €786,634 | +€26,023 | +3.4% |
| Cash at bank and in hand | 54/58 | €18,616 | €28,498 | +€9,883 | +53.1% |
| Deferred charges and accrued income | 490/1 | €2,774 | €2,363 | -€411 | -14.8% |
| Total equity and liabilities | 10/49 | €842,236 | €859,034 | +€16,798 | +2.0% |
| Equity | 10/15 | €772,183 | €751,407 | -€20,776 | -2.7% |
| Contributions | 10/11 | €131,400 | €131,400 | = | 0.0% |
| Capital | 10 | €131,400 | €131,400 | = | 0.0% |
| Issued capital | 100 | €131,400 | €131,400 | = | 0.0% |
| Reserves | 13 | €96,901 | €96,901 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,140 | €13,140 | = | 0.0% |
| Legal reserve | 130 | €13,140 | €13,140 | = | 0.0% |
| Distributable reserves | 133 | €83,761 | €83,761 | = | 0.0% |
| Profit (loss) carried forward | 14 | €543,882 | €523,106 | -€20,776 | -3.8% |
| Amounts payable | 17/49 | €70,053 | €107,627 | +€37,574 | +53.6% |
| Amounts payable within one year | 42/48 | €69,825 | €105,074 | +€35,249 | +50.5% |
| Financial debts | 43 | €50,000 | €100,000 | +€50,000 | +100.0% |
| Credit institutions | 430/8 | €50,000 | €100,000 | +€50,000 | +100.0% |
| Trade debts | 44 | €12,982 | €4,824 | -€8,157 | -62.8% |
| Suppliers | 440/4 | €12,982 | €4,824 | -€8,157 | -62.8% |
| Taxes, remuneration and social security | 45 | €2,750 | €250 | -€2,500 | -90.9% |
| Taxes | 450/3 | €2,750 | €250 | -€2,500 | -90.9% |
| Other amounts payable | 47/48 | €4,094 | €0 | -€4,094 | -100.0% |
| Accrued charges and deferred income | 492/3 | €228 | €2,553 | +€2,325 | +1018.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,387 | €2,852 | +€465 | +19.5% |
| Other operating charges | 640/8 | €1,299 | €1,400 | +€102 | +7.8% |
| Gross operating margin | 9900 | -€17,212 | -€21,326 | -€4,114 | -23.9% |
| Operating profit (loss) | 9901 | -€20,897 | -€25,578 | -€4,680 | -22.4% |
| Financial income | 75/76B | €13,191 | €13,118 | -€73 | -0.6% |
| Recurring financial income | 75 | €13,191 | €13,118 | -€73 | -0.6% |
| Financial charges | 65/66B | €6,538 | €8,104 | +€1,566 | +23.9% |
| Recurring financial charges | 65 | €6,538 | €8,104 | +€1,566 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,245 | -€20,564 | -€6,320 | -44.4% |
| Income taxes | 67/77 | €293 | €212 | -€81 | -27.8% |
| Profit (loss) for the period | 9904 | -€14,538 | -€20,776 | -€6,238 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,538 | -€20,776 | -€6,238 | -42.9% |
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 6 October 2026 via checked.be.