OAK MANAGEMENT: 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.
OAK MANAGEMENT
Largest movements
- Cash -€89,113
down €89,113 (-41.9%), from €212,597 to €123,484
mainly Contributions, distributions and other (-€218,603) and Tax, wage and social debts (-€21,027)
- Current investments -€75,501
down €75,501 (-58.5%), from €129,000 to €53,499
- Tangible fixed assets -€9,598
down €9,598 (-24.9%), from €38,490 to €28,892
- Profit (loss) carried forward -€137,673
down €137,673 (-63.0%), from €218,603 to €80,930
- Tax, wage and social debts -€21,027
down €21,027 (-39.1%), from €53,831 to €32,804
- Debts after one year -€10,002
down €10,002 (-36.2%), from €27,597 to €17,595
- Other debts -€5,578
down €5,578 (-81.2%), from €6,870 to €1,291
- Gross operating margin -€31,940
down €31,940 (-25.6%), from €124,807 to €92,867
- Financial income +€17,592
new in 2025: €17,592
- Taxes -€7,248
down €7,248 (-29.6%), from €24,457 to €17,209
- Depreciation +€2,391
up €2,391 (+33.2%), from €7,208 to €9,598
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 | €380,965 | €206,990 | -€173,974 | -45.7% |
| Fixed assets | 21/28 | €38,540 | €28,942 | -€9,598 | -24.9% |
| Tangible fixed assets | 22/27 | €38,490 | €28,892 | -€9,598 | -24.9% |
| Furniture and vehicles | 24 | €38,490 | €28,892 | -€9,598 | -24.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €342,424 | €178,048 | -€164,376 | -48.0% |
| Amounts receivable within one year | 40/41 | €49 | €460 | +€411 | +838% |
| Trade receivables | 40 | €49 | - | -€49 | |
| Other amounts receivable | 41 | - | €460 | +€460 | |
| Current investments | 50/53 | €129,000 | €53,499 | -€75,501 | -58.5% |
| Cash at bank and in hand | 54/58 | €212,597 | €123,484 | -€89,113 | -41.9% |
| Deferred charges and accrued income | 490/1 | €778 | €605 | -€173 | -22.3% |
| Total equity and liabilities | 10/49 | €380,965 | €206,990 | -€173,974 | -45.7% |
| Equity | 10/15 | €281,253 | €143,580 | -€137,673 | -48.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €56,650 | €56,650 | = | 0.0% |
| Distributable reserves | 133 | €56,650 | €56,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,603 | €80,930 | -€137,673 | -63.0% |
| Amounts payable | 17/49 | €99,711 | €63,410 | -€36,301 | -36.4% |
| Amounts payable after more than one year | 17 | €27,597 | €17,595 | -€10,002 | -36.2% |
| Financial debts | 170/4 | €27,597 | €17,595 | -€10,002 | -36.2% |
| Amounts payable within one year | 42/48 | €72,114 | €45,815 | -€26,299 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €9,606 | €10,002 | +€396 | +4.1% |
| Trade debts | 44 | €1,807 | €1,718 | -€89 | -4.9% |
| Suppliers | 440/4 | €1,807 | €1,718 | -€89 | -4.9% |
| Taxes, remuneration and social security | 45 | €53,831 | €32,804 | -€21,027 | -39.1% |
| Taxes | 450/3 | €53,831 | €32,804 | -€21,027 | -39.1% |
| Other amounts payable | 47/48 | €6,870 | €1,291 | -€5,578 | -81.2% |
| Non-recurring operating income | 76A | €3,578 | - | -€3,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,208 | €9,598 | +€2,391 | +33.2% |
| Other operating charges | 640/8 | €865 | €1,296 | +€431 | +49.8% |
| Gross operating margin | 9900 | €124,807 | €92,867 | -€31,940 | -25.6% |
| Operating profit (loss) | 9901 | €116,734 | €81,973 | -€34,761 | -29.8% |
| Financial income | 75/76B | - | €17,592 | +€17,592 | |
| Recurring financial income | 75 | - | €17,592 | +€17,592 | |
| Financial charges | 65/66B | €589 | €1,425 | +€836 | +142% |
| Recurring financial charges | 65 | €589 | €1,425 | +€836 | +142% |
| Profit (loss) for the period before taxes | 9903 | €116,145 | €98,140 | -€18,006 | -15.5% |
| Income taxes | 67/77 | €24,457 | €17,209 | -€7,248 | -29.6% |
| Profit (loss) for the period | 9904 | €91,688 | €80,930 | -€10,758 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,688 | €80,930 | -€10,758 | -11.7% |
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 15 October 2026 via checked.be.