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.
OAKS
Largest movements
- Current investments +€753,799
new in 2025: €753,799
- Receivables within one year -€648,398
down €648,398 (-95.5%), from €679,269 to €30,871
of which Trade receivables: -€651,377
- Cash -€103,423
down €103,423 (-18.3%), from €566,404 to €462,981
mainly Current investments (-€753,799) and Tax, wage and social debts (-€26,022)
- Other debts +€28,614
up €28,614 (+1.8%), from €1.6m to €1.6m
- Tax, wage and social debts -€26,022
down €26,022 (-99.9%), from €26,042 to €20
- Profit (loss) carried forward -€21,128
down €21,128, from €0 to -€21,128
- Gross operating margin -€249,428
down €249,428 (-87.7%), from €284,306 to €34,878
- Taxes -€44,641
down €44,641 (-92.8%), from €48,086 to €3,444
- Financial income +€8,827
up €8,827 (+778%), from €1,135 to €9,962
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 | €1,777,334 | €1,758,090 | -€19,244 | -1.1% |
| Fixed assets | 21/28 | €528,833 | €506,644 | -€22,189 | -4.2% |
| Tangible fixed assets | 22/27 | €522,333 | €506,644 | -€15,689 | -3.0% |
| Land and buildings | 22 | €521,639 | €506,302 | -€15,337 | -2.9% |
| Plant, machinery and equipment | 23 | €694 | €342 | -€352 | -50.7% |
| Financial fixed assets | 28 | €6,500 | €0 | -€6,500 | -100% |
| Current assets | 29/58 | €1,248,501 | €1,251,446 | +€2,945 | +0.2% |
| Amounts receivable within one year | 40/41 | €679,269 | €30,871 | -€648,398 | -95.5% |
| Trade receivables | 40 | €651,461 | €84 | -€651,377 | -100.0% |
| Other amounts receivable | 41 | €27,808 | €30,786 | +€2,979 | +10.7% |
| Current investments | 50/53 | - | €753,799 | +€753,799 | |
| Cash at bank and in hand | 54/58 | €566,404 | €462,981 | -€103,423 | -18.3% |
| Deferred charges and accrued income | 490/1 | €2,828 | €3,795 | +€968 | +34.2% |
| Total equity and liabilities | 10/49 | €1,777,334 | €1,758,090 | -€19,244 | -1.1% |
| Equity | 10/15 | €133,651 | €112,524 | -€21,128 | -15.8% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €43,651 | €43,651 | = | 0.0% |
| Distributable reserves | 133 | €43,651 | €43,651 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€21,128 | -€21,128 | |
| Amounts payable | 17/49 | €1,643,682 | €1,645,567 | +€1,884 | +0.1% |
| Amounts payable within one year | 42/48 | €1,612,592 | €1,617,910 | +€5,318 | +0.3% |
| Trade debts | 44 | €1,215 | €3,941 | +€2,725 | +224% |
| Suppliers | 440/4 | €1,215 | €3,941 | +€2,725 | +224% |
| Taxes, remuneration and social security | 45 | €26,042 | €20 | -€26,022 | -99.9% |
| Taxes | 450/3 | €26,042 | €20 | -€26,022 | -99.9% |
| Other amounts payable | 47/48 | €1,585,334 | €1,613,949 | +€28,614 | +1.8% |
| Accrued charges and deferred income | 492/3 | €31,091 | €27,657 | -€3,434 | -11.0% |
| Non-recurring operating income | 76A | - | €2,211 | +€2,211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,540 | €15,689 | +€149 | +1.0% |
| Other operating charges | 640/8 | €10,852 | €13,515 | +€2,663 | +24.5% |
| Gross operating margin | 9900 | €284,306 | €34,878 | -€249,428 | -87.7% |
| Operating profit (loss) | 9901 | €257,914 | €5,674 | -€252,240 | -97.8% |
| Financial income | 75/76B | €1,135 | €9,962 | +€8,827 | +778% |
| Recurring financial income | 75 | €1,135 | €9,962 | +€8,827 | +778% |
| Financial charges | 65/66B | €31,841 | €33,319 | +€1,478 | +4.6% |
| Recurring financial charges | 65 | €31,841 | €28,319 | -€3,522 | -11.1% |
| Non-recurring financial charges | 66B | - | €5,000 | +€5,000 | |
| Profit (loss) for the period before taxes | 9903 | €227,208 | -€17,683 | -€244,891 | |
| Income taxes | 67/77 | €48,086 | €3,444 | -€44,641 | -92.8% |
| Profit (loss) for the period | 9904 | €179,122 | -€21,128 | -€200,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €179,122 | -€21,128 | -€200,250 |
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.