Ocarina: 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.
Ocarina
Largest movements
- Current investments -€796,922
down €796,922 (-49.5%), from €1.6m to €811,710
- Cash +€743,869
up €743,869 (+212%), from €351,031 to €1.1m
mainly Current investments (+€796,922) and Net result for the year (+€60,944)
- Receivables within one year +€97,881
up €97,881 (+12.2%), from €801,351 to €899,232
of which Trade receivables: +€88,413
- Profit (loss) carried forward +€70,063
up €70,063 (+7.6%), from €927,699 to €997,762
- Debts within one year -€48,940
down €48,940 (-4.1%), from €1.2m to €1.1m
of which Trade debts: -€58,520
- Gross operating margin +€328,809
up €328,809 (+8.3%), from €4.0m to €4.3m
- Staff costs +€218,362
up €218,362 (+5.5%), from €4.0m to €4.2m
- Purchases and services -€189,256
down €189,256 (-5.6%), from €3.4m to €3.2m
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 | €2,838,295 | €2,870,817 | +€32,522 | +1.1% |
| Fixed assets | 21/28 | €57,685 | €36,649 | -€21,036 | -36.5% |
| Intangible fixed assets | 21 | €51,830 | €34,268 | -€17,562 | -33.9% |
| Tangible fixed assets | 22/27 | €5,855 | €2,381 | -€3,474 | -59.3% |
| Plant, machinery and equipment | 23 | - | €2,218 | +€2,218 | |
| Furniture and vehicles | 24 | €5,855 | €163 | -€5,692 | -97.2% |
| Current assets | 29/58 | €2,780,610 | €2,834,168 | +€53,558 | +1.9% |
| Amounts receivable within one year | 40/41 | €801,351 | €899,232 | +€97,881 | +12.2% |
| Trade receivables | 40 | €522,269 | €610,682 | +€88,413 | +16.9% |
| Other amounts receivable | 41 | €279,082 | €288,550 | +€9,468 | +3.4% |
| Current investments | 50/53 | €1,608,632 | €811,710 | -€796,922 | -49.5% |
| Cash at bank and in hand | 54/58 | €351,031 | €1,094,900 | +€743,869 | +212% |
| Deferred charges and accrued income | 490/1 | €19,596 | €28,326 | +€8,730 | +44.5% |
| Total equity and liabilities | 10/49 | €2,838,295 | €2,870,817 | +€32,522 | +1.1% |
| Equity | 10/15 | €1,346,307 | €1,407,251 | +€60,944 | +4.5% |
| Contributions | 10/11 | €383,225 | €383,225 | = | 0.0% |
| Capital | 10 | €383,225 | €383,225 | = | 0.0% |
| Reserves | 13 | €35,383 | €26,264 | -€9,119 | -25.8% |
| Profit (loss) carried forward | 14 | €927,699 | €997,762 | +€70,063 | +7.6% |
| Amounts payable | 17/49 | €1,491,988 | €1,463,566 | -€28,422 | -1.9% |
| Amounts payable within one year | 42/48 | €1,183,990 | €1,135,050 | -€48,940 | -4.1% |
| Trade debts | 44 | €352,364 | €293,844 | -€58,520 | -16.6% |
| Suppliers | 440/4 | €352,364 | €293,844 | -€58,520 | -16.6% |
| Taxes, remuneration and social security | 45 | €831,626 | €829,985 | -€1,641 | -0.2% |
| Taxes | 450/3 | €46,174 | €45,594 | -€580 | -1.3% |
| Remuneration and social security | 454/9 | €785,452 | €784,391 | -€1,061 | -0.1% |
| Accrued charges and deferred income | 492/3 | €307,998 | €328,516 | +€20,518 | +6.7% |
| Turnover | 70 | €1,918,286 | €1,941,118 | +€22,832 | +1.2% |
| Membership fees, donations, legacies and grants | 73 | €5,382,029 | €5,522,062 | +€140,033 | +2.6% |
| Non-recurring operating income | 76A | - | €1,409 | +€1,409 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,374,146 | €3,184,890 | -€189,256 | -5.6% |
| Remuneration, social security and pensions | 62 | €4,000,486 | €4,218,848 | +€218,362 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,387 | €36,288 | +€8,901 | +32.5% |
| Other operating charges | 640/8 | €27,656 | €22,954 | -€4,702 | -17.0% |
| Gross operating margin | 9900 | €3,977,026 | €4,305,835 | +€328,809 | +8.3% |
| Operating profit (loss) | 9901 | -€78,503 | €27,745 | +€106,248 | |
| Financial income | 75/76B | €47,928 | €34,426 | -€13,502 | -28.2% |
| Recurring financial income | 75 | €47,928 | €34,426 | -€13,502 | -28.2% |
| Financial charges | 65/66B | €906 | €1,227 | +€321 | +35.4% |
| Recurring financial charges | 65 | €906 | €1,227 | +€321 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | -€31,481 | €60,944 | +€92,425 | |
| Profit (loss) for the period | 9904 | -€31,481 | €60,944 | +€92,425 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,481 | €60,944 | +€92,425 |
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 14 October 2026 via checked.be.