Oak Fever: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
What changed
Oak Fever
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2.3m
2024 · €355,533-€2.7m
Equity
€22.4m
2024 · €24.8m-€2.3m
Cash
€40,588
2024 · €2,086+€38,502
Balance sheet total
€26.2m
2024 · €28.2m-€2.0m
Largest movements
Assets
- Financial fixed assets -€1.4m
down €1.4m (-5.7%), from €24.7m to €23.3m
- Receivables within one year -€622,481
down €622,481 (-19.9%), from €3.1m to €2.5m
of which Other amounts receivable: -€716,670
Equity and liabilities
- Profit (loss) carried forward -€2.3m
down €2.3m, from €355,533 to -€2.0m
- Other debts +€515,925
up €515,925 (+22.7%), from €2.3m to €2.8m
Income statement
- Financial charges +€2.2m
up €2.2m (+4,099%), from €52,646 to €2.2m
of which Non-recurring financial charges: +€1.4m
- Gross operating margin -€392,147
down €392,147 (-61.3%), from €639,431 to €247,284
- Financial income -€227,034
down €227,034 (-73.5%), from €308,747 to €81,713
- Taxes -€38,724
down €38,724 (-98.2%), from €39,419 to €695
- Depreciation -€36,724
down €36,724 (-24.8%), from €147,925 to €111,200
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€355,533
Gross operating margin
-€392,147
Staff costs
+€5,594
Depreciation
+€36,724
Write-downs
-€2,705
Other operating charges
+€133
Financial income
-€227,034
Financial charges
-€2.2m
Taxes
+€38,724
Result 2025
-€2.3m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.1m
Investment
+€1.3m
Financing
-€226,571
Cash 2024
€2,086
From operations (derived)
-€1.1m
Net result for the year
-€2.3m
Depreciation
+€111,200
Receivables within one year
+€622,481
Deferred charges and accrued income
-€29,408
Trade debts
+€72,926
Smaller working-capital items
-€905
Other debts
+€515,925
Investment (derived)
+€1.3m
Investment in fixed assets (net)
+€1.3m
Financing
-€226,571
Debts after one year
-€226,571
Cash 2025
€40,588
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,189,202 | €26,207,655 | -€2.0m | -7.0% |
| Fixed assets | 21/28 | €24,975,533 | €23,548,558 | -€1.4m | -5.7% |
| Tangible fixed assets | 22/27 | €278,926 | €267,461 | -€11,465 | -4.1% |
| Plant, machinery and equipment | 23 | €242,173 | €241,611 | -€562 | -0.2% |
| Furniture and vehicles | 24 | €36,753 | €25,850 | -€10,903 | -29.7% |
| Financial fixed assets | 28 | €24,696,607 | €23,281,097 | -€1.4m | -5.7% |
| Current assets | 29/58 | €3,213,668 | €2,659,097 | -€554,572 | -17.3% |
| Amounts receivable within one year | 40/41 | €3,135,881 | €2,513,400 | -€622,481 | -19.9% |
| Trade receivables | 40 | €943,687 | €1,037,876 | +€94,189 | +10.0% |
| Other amounts receivable | 41 | €2,192,194 | €1,475,524 | -€716,670 | -32.7% |
| Cash at bank and in hand | 54/58 | €2,086 | €40,588 | +€38,502 | +1,846% |
| Deferred charges and accrued income | 490/1 | €75,701 | €105,109 | +€29,408 | +38.8% |
| Total equity and liabilities | 10/49 | €28,189,202 | €26,207,655 | -€2.0m | -7.0% |
| Equity | 10/15 | €24,763,479 | €22,420,557 | -€2.3m | -9.5% |
| Contributions | 10/11 | €14,108,230 | €14,108,230 | = | 0.0% |
| Capital | 10 | €14,108,230 | €14,108,230 | = | 0.0% |
| Issued capital | 100 | €14,108,230 | €14,108,230 | = | 0.0% |
| Reserves | 13 | €10,299,715 | €10,299,715 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,410,823 | €1,410,823 | = | 0.0% |
| Legal reserve | 130 | €1,410,823 | €1,410,823 | = | 0.0% |
| Distributable reserves | 133 | €8,888,892 | €8,888,892 | = | 0.0% |
| Profit (loss) carried forward | 14 | €355,533 | -€1,987,389 | -€2.3m | |
| Amounts payable | 17/49 | €3,425,723 | €3,787,098 | +€361,375 | +10.5% |
| Amounts payable after more than one year | 17 | €679,714 | €453,143 | -€226,571 | -33.3% |
| Financial debts | 170/4 | €679,714 | €453,143 | -€226,571 | -33.3% |
| Amounts payable within one year | 42/48 | €2,743,909 | €3,333,219 | +€589,310 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €226,571 | €226,571 | = | 0.0% |
| Trade debts | 44 | €202,692 | €275,618 | +€72,926 | +36.0% |
| Suppliers | 440/4 | €202,692 | €275,618 | +€72,926 | +36.0% |
| Taxes, remuneration and social security | 45 | €46,300 | €46,759 | +€459 | +1.0% |
| Taxes | 450/3 | €6,151 | - | -€6,151 | |
| Remuneration and social security | 454/9 | €40,149 | €46,759 | +€6,610 | +16.5% |
| Other amounts payable | 47/48 | €2,268,346 | €2,784,271 | +€515,925 | +22.7% |
| Accrued charges and deferred income | 492/3 | €2,100 | €736 | -€1,364 | -64.9% |
| Non-recurring operating income | 76A | - | €1,653 | +€1,653 | |
| Remuneration, social security and pensions | 62 | €348,909 | €343,315 | -€5,594 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,925 | €111,200 | -€36,724 | -24.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,705 | +€2,705 | |
| Other operating charges | 640/8 | €3,747 | €3,614 | -€133 | -3.5% |
| Gross operating margin | 9900 | €639,431 | €247,284 | -€392,147 | -61.3% |
| Operating profit (loss) | 9901 | €138,851 | -€213,550 | -€352,401 | |
| Financial income | 75/76B | €308,747 | €81,713 | -€227,034 | -73.5% |
| Recurring financial income | 75 | €308,747 | €81,713 | -€227,034 | -73.5% |
| Financial charges | 65/66B | €52,646 | €2,210,390 | +€2.2m | +4,099% |
| Recurring financial charges | 65 | €52,646 | €794,879 | +€742,233 | +1,410% |
| Non-recurring financial charges | 66B | - | €1,415,510 | +€1.4m | |
| Profit (loss) for the period before taxes | 9903 | €394,952 | -€2,342,227 | -€2.7m | |
| Income taxes | 67/77 | €39,419 | €695 | -€38,724 | -98.2% |
| Profit (loss) for the period | 9904 | €355,533 | -€2,342,922 | -€2.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €355,533 | -€2,342,922 | -€2.7m |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.