Oekaf: 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.
Oekaf
Largest movements
- Receivables within one year -€25,463
down €25,463 (-13.9%), from €182,619 to €157,156
of which Other amounts receivable: -€25,688
- Tangible fixed assets -€18,521
down €18,521 (-14.0%), from €132,054 to €113,533
of which Plant, machinery and equipment: -€11,731
- Cash +€7,277
up €7,277 (+61.6%), from €11,810 to €19,087
mainly Net result for the year (+€135,049) and Tax, wage and social debts (+€32,416)
- Stocks and contracts +€4,656
up €4,656 (+12.7%), from €36,714 to €41,370
- Debts after one year -€62,706
down €62,706 (-54.2%), from €115,729 to €53,023
- Tax, wage and social debts +€32,416
up €32,416 (+114%), from €28,320 to €60,736
of which Remuneration and social security: +€21,469
- Current portion of long-term debt +€18,623
up €18,623 (+39.4%), from €47,229 to €65,852
- Trade debts -€13,644
down €13,644 (-22.2%), from €61,500 to €47,856
- Short-term financial debts -€3,978
no longer reported in 2025 (was €3,978)
- Gross operating margin +€37,060
up €37,060 (+7.8%), from €474,975 to €512,035
- Staff costs +€16,830
up €16,830 (+5.4%), from €309,120 to €325,950
- Financial charges +€8,176
up €8,176 (+68.3%), from €11,972 to €20,148
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 | €371,687 | €341,702 | -€29,985 | -8.1% |
| Fixed assets | 21/28 | €138,054 | €120,208 | -€17,846 | -12.9% |
| Tangible fixed assets | 22/27 | €132,054 | €113,533 | -€18,521 | -14.0% |
| Plant, machinery and equipment | 23 | €38,273 | €26,542 | -€11,731 | -30.7% |
| Furniture and vehicles | 24 | €12,634 | €12,754 | +€120 | +1.0% |
| Other tangible fixed assets | 26 | €81,147 | €74,237 | -€6,910 | -8.5% |
| Financial fixed assets | 28 | €6,000 | €6,675 | +€675 | +11.3% |
| Current assets | 29/58 | €233,633 | €221,494 | -€12,140 | -5.2% |
| Stocks and contracts in progress | 3 | €36,714 | €41,370 | +€4,656 | +12.7% |
| Stocks | 30/36 | €36,714 | €41,370 | +€4,656 | +12.7% |
| Amounts receivable within one year | 40/41 | €182,619 | €157,156 | -€25,463 | -13.9% |
| Trade receivables | 40 | - | €225 | +€225 | |
| Other amounts receivable | 41 | €182,619 | €156,931 | -€25,688 | -14.1% |
| Cash at bank and in hand | 54/58 | €11,810 | €19,087 | +€7,277 | +61.6% |
| Deferred charges and accrued income | 490/1 | €2,490 | €3,881 | +€1,391 | +55.9% |
| Total equity and liabilities | 10/49 | €371,687 | €341,702 | -€29,985 | -8.1% |
| Equity | 10/15 | €104,701 | €104,750 | +€49 | 0.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €74,701 | €74,750 | +€49 | +0.1% |
| Tax-exempt reserves | 132 | €10,906 | €10,906 | = | 0.0% |
| Distributable reserves | 133 | €63,794 | €63,844 | +€49 | +0.1% |
| Amounts payable | 17/49 | €266,987 | €236,952 | -€30,035 | -11.2% |
| Amounts payable after more than one year | 17 | €115,729 | €53,023 | -€62,706 | -54.2% |
| Financial debts | 170/4 | €115,729 | €53,023 | -€62,706 | -54.2% |
| Amounts payable within one year | 42/48 | €151,258 | €183,929 | +€32,671 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €47,229 | €65,852 | +€18,623 | +39.4% |
| Financial debts | 43 | €3,978 | - | -€3,978 | |
| Credit institutions | 430/8 | €3,978 | - | -€3,978 | |
| Trade debts | 44 | €61,500 | €47,856 | -€13,644 | -22.2% |
| Suppliers | 440/4 | €61,500 | €47,856 | -€13,644 | -22.2% |
| Taxes, remuneration and social security | 45 | €28,320 | €60,736 | +€32,416 | +114% |
| Taxes | 450/3 | €7,383 | €18,330 | +€10,947 | +148% |
| Remuneration and social security | 454/9 | €20,937 | €42,406 | +€21,469 | +103% |
| Other amounts payable | 47/48 | €10,231 | €9,485 | -€745 | -7.3% |
| Remuneration, social security and pensions | 62 | €309,120 | €325,950 | +€16,830 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,116 | €25,183 | +€1,067 | +4.4% |
| Other operating charges | 640/8 | €4,922 | €765 | -€4,157 | -84.5% |
| Gross operating margin | 9900 | €474,975 | €512,035 | +€37,060 | +7.8% |
| Operating profit (loss) | 9901 | €136,817 | €160,137 | +€23,320 | +17.0% |
| Financial income | 75/76B | €395 | €297 | -€98 | -24.9% |
| Recurring financial income | 75 | €395 | €297 | -€98 | -24.9% |
| Financial charges | 65/66B | €11,972 | €20,148 | +€8,176 | +68.3% |
| Recurring financial charges | 65 | €11,972 | €20,148 | +€8,176 | +68.3% |
| Profit (loss) for the period before taxes | 9903 | €125,240 | €140,285 | +€15,045 | +12.0% |
| Income taxes | 67/77 | €4,479 | €5,236 | +€757 | +16.9% |
| Profit (loss) for the period | 9904 | €120,761 | €135,049 | +€14,288 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €120,761 | €135,049 | +€14,288 | +11.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.