OCKERMAN ANDY: 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.
OCKERMAN ANDY
Largest movements
- Cash +€82,464
up €82,464 (+15.3%), from €537,772 to €620,236
mainly Net result for the year (+€69,718) and Trade debts (+€29,251)
- Stocks and contracts +€25,819
up €25,819 (+134%), from €19,273 to €45,092
- Tangible fixed assets -€17,295
down €17,295 (-6.4%), from €270,314 to €253,019
of which Land and buildings: -€14,945
- Reserves +€69,718
up €69,718 (+10.1%), from €692,639 to €762,357
of which Distributable reserves: +€69,718
- Trade debts +€29,251
up €29,251 (+257%), from €11,372 to €40,623
- Tax, wage and social debts -€11,406
down €11,406 (-100%), from €11,406 to €0
of which Taxes: -€8,838
- Gross operating margin +€88,087
up €88,087 (+679%), from €12,965 to €101,053
- Taxes +€13,277
new in 2025: €13,277
- Depreciation -€12,508
down €12,508 (-43.2%), from €28,932 to €16,424
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 | €862,211 | €956,070 | +€93,859 | +10.9% |
| Fixed assets | 21/28 | €270,511 | €253,216 | -€17,295 | -6.4% |
| Tangible fixed assets | 22/27 | €270,314 | €253,019 | -€17,295 | -6.4% |
| Land and buildings | 22 | €264,778 | €249,833 | -€14,945 | -5.6% |
| Plant, machinery and equipment | 23 | €2,816 | €3,186 | +€370 | +13.1% |
| Furniture and vehicles | 24 | €2,720 | €0 | -€2,720 | -100% |
| Financial fixed assets | 28 | €197 | €197 | = | 0.0% |
| Current assets | 29/58 | €591,700 | €702,854 | +€111,154 | +18.8% |
| Stocks and contracts in progress | 3 | €19,273 | €45,092 | +€25,819 | +134% |
| Contracts in progress | 37 | €19,273 | €45,092 | +€25,819 | +134% |
| Amounts receivable within one year | 40/41 | €28,556 | €30,847 | +€2,291 | +8.0% |
| Trade receivables | 40 | €24,600 | €20,242 | -€4,357 | -17.7% |
| Other amounts receivable | 41 | €3,956 | €10,605 | +€6,649 | +168% |
| Cash at bank and in hand | 54/58 | €537,772 | €620,236 | +€82,464 | +15.3% |
| Deferred charges and accrued income | 490/1 | €6,099 | €6,679 | +€580 | +9.5% |
| Total equity and liabilities | 10/49 | €862,211 | €956,070 | +€93,859 | +10.9% |
| Equity | 10/15 | €712,564 | €782,282 | +€69,718 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €692,639 | €762,357 | +€69,718 | +10.1% |
| Tax-exempt reserves | 132 | €117,750 | €117,750 | = | 0.0% |
| Distributable reserves | 133 | €574,889 | €644,607 | +€69,718 | +12.1% |
| Profit (loss) carried forward | 14 | €1,325 | €1,325 | = | 0.0% |
| Amounts payable | 17/49 | €149,647 | €173,789 | +€24,142 | +16.1% |
| Amounts payable within one year | 42/48 | €149,328 | €172,289 | +€22,960 | +15.4% |
| Trade debts | 44 | €11,372 | €40,623 | +€29,251 | +257% |
| Suppliers | 440/4 | €11,372 | €40,623 | +€29,251 | +257% |
| Taxes, remuneration and social security | 45 | €11,406 | €0 | -€11,406 | -100% |
| Taxes | 450/3 | €8,838 | €0 | -€8,838 | -100% |
| Remuneration and social security | 454/9 | €2,568 | €0 | -€2,568 | -100% |
| Other amounts payable | 47/48 | €126,550 | €131,666 | +€5,116 | +4.0% |
| Accrued charges and deferred income | 492/3 | €319 | €1,500 | +€1,181 | +371% |
| Non-recurring operating income | 76A | - | €9,683 | +€9,683 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,932 | €16,424 | -€12,508 | -43.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €943 | +€943 | |
| Other operating charges | 640/8 | €1,452 | €1,412 | -€40 | -2.7% |
| Non-recurring operating charges | 66A | €7,800 | €0 | -€7,800 | -100% |
| Gross operating margin | 9900 | €12,965 | €101,053 | +€88,087 | +679% |
| Operating profit (loss) | 9901 | -€25,218 | €82,274 | +€107,492 | |
| Financial income | 75/76B | €1,003 | €824 | -€179 | -17.9% |
| Recurring financial income | 75 | €1,003 | €824 | -€179 | -17.9% |
| Financial charges | 65/66B | €356 | €103 | -€254 | -71.1% |
| Recurring financial charges | 65 | €356 | €103 | -€254 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,572 | €82,995 | +€107,567 | |
| Income taxes | 67/77 | - | €13,277 | +€13,277 | |
| Profit (loss) for the period | 9904 | -€24,572 | €69,718 | +€94,290 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,572 | €69,718 | +€94,290 |
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 25 October 2026 via checked.be.