OGENKI: what changed
Two fiscal 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.
OGENKI
Largest movements
- Receivables within one year +€67,385
up €67,385 (+54.4%), from €123,848 to €191,233
of which Other amounts receivable: +€35,235
- Cash +€9,835
up €9,835 (+982.7%), from €1,001 to €10,836
mainly Net result for the year (+€79,365) and Other debts (+€26,098)
- Profit (loss) carried forward +€79,365
up €79,365 (+69.8%), from €113,726 to €193,091
- Debts after one year -€28,577
down €28,577 (-9.0%), from €318,807 to €290,230
- Other debts +€26,098
up €26,098 (+396.7%), from €6,579 to €32,678
- Trade debts -€12,999
down €12,999 (-30.1%), from €43,134 to €30,135
- Tax, wage and social debts +€8,022
up €8,022 (+25.1%), from €31,912 to €39,934
- Depreciation +€3,866
up €3,866 (+1120.0%), from €345 to €4,212
- Gross operating margin +€2,802
up €2,802 (+2.6%), from €105,915 to €108,717
- Financial charges -€1,143
down €1,143 (-17.3%), from €6,613 to €5,470
- Financial income +€1,092
new in 2025: €1,092
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 | €546,607 | €619,645 | +€73,038 | +13.4% |
| Fixed assets | 21/28 | €420,713 | €416,501 | -€4,212 | -1.0% |
| Tangible fixed assets | 22/27 | €20,713 | €16,501 | -€4,212 | -20.3% |
| Furniture and vehicles | 24 | €20,713 | €16,501 | -€4,212 | -20.3% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €125,894 | €203,144 | +€77,250 | +61.4% |
| Amounts receivable within one year | 40/41 | €123,848 | €191,233 | +€67,385 | +54.4% |
| Trade receivables | 40 | €115,000 | €147,150 | +€32,150 | +28.0% |
| Other amounts receivable | 41 | €8,848 | €44,083 | +€35,235 | +398.2% |
| Cash at bank and in hand | 54/58 | €1,001 | €10,836 | +€9,835 | +982.7% |
| Deferred charges and accrued income | 490/1 | €1,046 | €1,076 | +€30 | +2.8% |
| Total equity and liabilities | 10/49 | €546,607 | €619,645 | +€73,038 | +13.4% |
| Equity | 10/15 | €118,726 | €198,091 | +€79,365 | +66.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,726 | €193,091 | +€79,365 | +69.8% |
| Amounts payable | 17/49 | €427,881 | €421,554 | -€6,327 | -1.5% |
| Amounts payable after more than one year | 17 | €318,807 | €290,230 | -€28,577 | -9.0% |
| Financial debts | 170/4 | €318,807 | €290,230 | -€28,577 | -9.0% |
| Amounts payable within one year | 42/48 | €109,074 | €131,324 | +€22,250 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €27,448 | €28,577 | +€1,128 | +4.1% |
| Trade debts | 44 | €43,134 | €30,135 | -€12,999 | -30.1% |
| Suppliers | 440/4 | €43,134 | €30,135 | -€12,999 | -30.1% |
| Taxes, remuneration and social security | 45 | €31,912 | €39,934 | +€8,022 | +25.1% |
| Taxes | 450/3 | €31,912 | €39,934 | +€8,022 | +25.1% |
| Other amounts payable | 47/48 | €6,579 | €32,678 | +€26,098 | +396.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €345 | €4,212 | +€3,866 | +1120.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €2,244 | - | -€2,244 | |
| Gross operating margin | 9900 | €105,915 | €108,717 | +€2,802 | +2.6% |
| Operating profit (loss) | 9901 | €102,939 | €104,106 | +€1,167 | +1.1% |
| Financial income | 75/76B | - | €1,092 | +€1,092 | |
| Recurring financial income | 75 | - | €1,092 | +€1,092 | |
| Financial charges | 65/66B | €6,613 | €5,470 | -€1,143 | -17.3% |
| Recurring financial charges | 65 | €6,613 | €5,470 | -€1,143 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €96,325 | €99,728 | +€3,402 | +3.5% |
| Income taxes | 67/77 | €19,572 | €20,362 | +€791 | +4.0% |
| Profit (loss) for the period | 9904 | €76,754 | €79,365 | +€2,612 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,754 | €79,365 | +€2,612 | +3.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.