OFKOORS!: 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.
OFKOORS!
Largest movements
- Stocks and contracts -€781,814
down €781,814 (-72.8%), from €1.1m to €291,910
- Cash +€424,933
up €424,933 (+427.3%), from €99,436 to €524,369
mainly Stocks and contracts (+€781,814) and Net result for the year (+€200,838)
- Tangible fixed assets -€13,325
down €13,325 (-28.7%), from €46,463 to €33,138
- Current portion of long-term debt -€650,000
no longer reported in 2025 (was €650,000)
- Other debts +€184,015
up €184,015 (+133.5%), from €137,826 to €321,841
- Reserves +€100,838
up €100,838 (+24.8%), from €407,093 to €507,932
- Gross operating margin +€131,378
up €131,378 (+72.4%), from €181,365 to €312,743
- Taxes +€29,370
up €29,370 (+74.1%), from €39,660 to €69,031
- Financial charges +€10,801
up €10,801 (+70.1%), from €15,418 to €26,219
- Financial income -€4,280
down €4,280 (-83.4%), from €5,132 to €852
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.
Cash bridge derived
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 | €1,227,555 | €866,932 | -€360,623 | -29.4% |
| Fixed assets | 21/28 | €46,463 | €33,138 | -€13,325 | -28.7% |
| Tangible fixed assets | 22/27 | €46,463 | €33,138 | -€13,325 | -28.7% |
| Furniture and vehicles | 24 | €46,463 | €33,138 | -€13,325 | -28.7% |
| Current assets | 29/58 | €1,181,092 | €833,794 | -€347,298 | -29.4% |
| Stocks and contracts in progress | 3 | €1,073,724 | €291,910 | -€781,814 | -72.8% |
| Stocks | 30/36 | €1,073,724 | €291,910 | -€781,814 | -72.8% |
| Amounts receivable within one year | 40/41 | €5,839 | €16,202 | +€10,363 | +177.5% |
| Trade receivables | 40 | €609 | - | -€609 | |
| Other amounts receivable | 41 | €5,230 | €16,202 | +€10,972 | +209.8% |
| Cash at bank and in hand | 54/58 | €99,436 | €524,369 | +€424,933 | +427.3% |
| Deferred charges and accrued income | 490/1 | €2,093 | €1,314 | -€780 | -37.3% |
| Total equity and liabilities | 10/49 | €1,227,555 | €866,932 | -€360,623 | -29.4% |
| Equity | 10/15 | €425,693 | €526,532 | +€100,838 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €407,093 | €507,932 | +€100,838 | +24.8% |
| Distributable reserves | 133 | €407,093 | €507,932 | +€100,838 | +24.8% |
| Amounts payable | 17/49 | €801,862 | €340,401 | -€461,462 | -57.5% |
| Amounts payable within one year | 42/48 | €791,769 | €327,137 | -€464,631 | -58.7% |
| Current portion of amounts payable after more than one year | 42 | €650,000 | - | -€650,000 | |
| Trade debts | 44 | €2,887 | €5,262 | +€2,376 | +82.3% |
| Suppliers | 440/4 | €2,887 | €5,262 | +€2,376 | +82.3% |
| Taxes, remuneration and social security | 45 | €1,056 | €34 | -€1,022 | -96.8% |
| Taxes | 450/3 | €1,056 | €34 | -€1,022 | -96.8% |
| Other amounts payable | 47/48 | €137,826 | €321,841 | +€184,015 | +133.5% |
| Accrued charges and deferred income | 492/3 | €10,093 | €13,263 | +€3,170 | +31.4% |
| Non-recurring operating income | 76A | €221,441 | - | -€221,441 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,464 | €13,325 | -€138 | -1.0% |
| Other operating charges | 640/8 | €3,307 | €4,181 | +€875 | +26.5% |
| Non-recurring operating charges | 66A | €169 | - | -€169 | |
| Gross operating margin | 9900 | €181,365 | €312,743 | +€131,378 | +72.4% |
| Operating profit (loss) | 9901 | €164,426 | €295,236 | +€130,811 | +79.6% |
| Financial income | 75/76B | €5,132 | €852 | -€4,280 | -83.4% |
| Recurring financial income | 75 | €5,132 | €852 | -€4,280 | -83.4% |
| Financial charges | 65/66B | €15,418 | €26,219 | +€10,801 | +70.1% |
| Recurring financial charges | 65 | €15,418 | €26,219 | +€10,801 | +70.1% |
| Profit (loss) for the period before taxes | 9903 | €154,139 | €269,869 | +€115,730 | +75.1% |
| Income taxes | 67/77 | €39,660 | €69,031 | +€29,370 | +74.1% |
| Profit (loss) for the period | 9904 | €114,479 | €200,838 | +€86,360 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €114,479 | €200,838 | +€86,360 | +75.4% |
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 9 October 2026 via checked.be.