OK BELGIUM: 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.
OK BELGIUM
Largest movements
- Tangible fixed assets -€8,727
down €8,727 (-1.4%), from €618,834 to €610,107
of which Land and buildings: -€8,727
- Cash -€7,621
down €7,621 (-45.7%), from €16,690 to €9,069
mainly Other debts (-€18,834) and Deferred charges and accrued income (-€457)
- Other debts -€18,834
down €18,834 (-3.1%), from €617,189 to €598,355
- Gross operating margin +€12,863
up €12,863 (+201%), from €6,392 to €19,255
- Other operating charges +€304
up €304 (+3.1%), from €9,851 to €10,155
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 | €635,837 | €619,945 | -€15,892 | -2.5% |
| Fixed assets | 21/28 | €618,834 | €610,107 | -€8,727 | -1.4% |
| Tangible fixed assets | 22/27 | €618,834 | €610,107 | -€8,727 | -1.4% |
| Land and buildings | 22 | €281,972 | €273,245 | -€8,727 | -3.1% |
| Other tangible fixed assets | 26 | €336,862 | €336,862 | = | 0.0% |
| Current assets | 29/58 | €17,003 | €9,839 | -€7,165 | -42.1% |
| Cash at bank and in hand | 54/58 | €16,690 | €9,069 | -€7,621 | -45.7% |
| Deferred charges and accrued income | 490/1 | €313 | €770 | +€457 | +146% |
| Total equity and liabilities | 10/49 | €635,837 | €619,945 | -€15,892 | -2.5% |
| Equity | 10/15 | €3,280 | €3,463 | +€183 | +5.6% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Capital | 10 | €111,552 | €111,552 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €11,155 | €11,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,155 | €11,155 | = | 0.0% |
| Legal reserve | 130 | €11,155 | €11,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,427 | -€119,245 | +€183 | +0.2% |
| Amounts payable | 17/49 | €632,557 | €616,483 | -€16,074 | -2.5% |
| Amounts payable within one year | 42/48 | €632,557 | €616,483 | -€16,074 | -2.5% |
| Trade debts | 44 | €15,368 | €18,128 | +€2,760 | +18.0% |
| Suppliers | 440/4 | €15,368 | €18,128 | +€2,760 | +18.0% |
| Other amounts payable | 47/48 | €617,189 | €598,355 | -€18,834 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,619 | €8,727 | +€108 | +1.3% |
| Other operating charges | 640/8 | €9,851 | €10,155 | +€304 | +3.1% |
| Gross operating margin | 9900 | €6,392 | €19,255 | +€12,863 | +201% |
| Operating profit (loss) | 9901 | -€12,078 | €373 | +€12,450 | |
| Financial charges | 65/66B | €161 | €190 | +€29 | +18.0% |
| Recurring financial charges | 65 | €161 | €190 | +€29 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,239 | €183 | +€12,421 | |
| Profit (loss) for the period | 9904 | -€12,239 | €183 | +€12,421 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,239 | €183 | +€12,421 |
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 29 October 2026 via checked.be.