OCKHAM: 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.
OCKHAM
Largest movements
- Cash -€19,192
down €19,192 (-26.2%), from €73,202 to €54,010
mainly Trade debts (-€24,544) and Tax, wage and social debts (-€5,941)
- Receivables within one year +€1,796
up €1,796 (+2.2%), from €81,066 to €82,862
of which Trade receivables: +€6,646
- Trade debts -€24,544
down €24,544 (-23.3%), from €105,290 to €80,746
- Profit (loss) carried forward +€12,241
up €12,241, from -€12,241 to €0
- Tax, wage and social debts -€5,941
down €5,941 (-35.2%), from €16,903 to €10,962
of which Remuneration and social security: -€3,439
- Reserves +€4,459
up €4,459 (+56.9%), from €7,831 to €12,289
- Accrued charges and deferred income -€3,504
down €3,504 (-20.3%), from €17,275 to €13,772
- Gross operating margin +€43,439
up €43,439 (+63.8%), from €68,134 to €111,573
- Staff costs +€2,754
up €2,754 (+3.2%), from €84,991 to €87,746
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 | €163,036 | €145,746 | -€17,289 | -10.6% |
| Fixed assets | 21/28 | €8,282 | €8,379 | +€97 | +1.2% |
| Tangible fixed assets | 22/27 | €8,282 | €8,379 | +€97 | +1.2% |
| Plant, machinery and equipment | 23 | €114 | €1,930 | +€1,816 | +1,590% |
| Furniture and vehicles | 24 | €8,168 | €6,449 | -€1,719 | -21.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €154,754 | €137,368 | -€17,386 | -11.2% |
| Amounts receivable within one year | 40/41 | €81,066 | €82,862 | +€1,796 | +2.2% |
| Trade receivables | 40 | €75,206 | €81,852 | +€6,646 | +8.8% |
| Other amounts receivable | 41 | €5,860 | €1,011 | -€4,850 | -82.8% |
| Cash at bank and in hand | 54/58 | €73,202 | €54,010 | -€19,192 | -26.2% |
| Deferred charges and accrued income | 490/1 | €485 | €495 | +€10 | +2.1% |
| Total equity and liabilities | 10/49 | €163,036 | €145,746 | -€17,289 | -10.6% |
| Equity | 10/15 | €14,139 | €30,839 | +€16,700 | +118% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €7,831 | €12,289 | +€4,459 | +56.9% |
| Distributable reserves | 133 | €7,831 | €12,289 | +€4,459 | +56.9% |
| Profit (loss) carried forward | 14 | -€12,241 | €0 | +€12,241 | |
| Amounts payable | 17/49 | €148,897 | €114,907 | -€33,989 | -22.8% |
| Amounts payable within one year | 42/48 | €131,621 | €101,136 | -€30,486 | -23.2% |
| Trade debts | 44 | €105,290 | €80,746 | -€24,544 | -23.3% |
| Suppliers | 440/4 | €105,290 | €80,746 | -€24,544 | -23.3% |
| Taxes, remuneration and social security | 45 | €16,903 | €10,962 | -€5,941 | -35.2% |
| Taxes | 450/3 | €3,053 | €550 | -€2,502 | -82.0% |
| Remuneration and social security | 454/9 | €13,850 | €10,411 | -€3,439 | -24.8% |
| Other amounts payable | 47/48 | €9,428 | €9,428 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €17,275 | €13,772 | -€3,504 | -20.3% |
| Remuneration, social security and pensions | 62 | €84,991 | €87,746 | +€2,754 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,749 | €2,241 | +€493 | +28.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,103 | €3,208 | +€105 | +3.4% |
| Gross operating margin | 9900 | €68,134 | €111,573 | +€43,439 | +63.8% |
| Operating profit (loss) | 9901 | -€21,709 | €18,378 | +€40,087 | |
| Financial income | 75/76B | €46 | €98 | +€52 | +114% |
| Recurring financial income | 75 | €46 | €98 | +€52 | +114% |
| Financial charges | 65/66B | €782 | €1,291 | +€509 | +65.1% |
| Recurring financial charges | 65 | €782 | €1,291 | +€509 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,445 | €17,185 | +€39,630 | |
| Income taxes | 67/77 | €429 | €485 | +€56 | +13.0% |
| Profit (loss) for the period | 9904 | -€22,874 | €16,700 | +€39,574 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,874 | €16,700 | +€39,574 |
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.