OK TRADING: 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 TRADING
Largest movements
- Stocks and contracts +€50,851
up €50,851 (+35.2%), from €144,258 to €195,109
- Receivables within one year +€34,582
up €34,582 (+170.3%), from €20,303 to €54,886
of which Trade receivables: +€34,536
- Cash -€7,471
down €7,471 (-40.1%), from €18,649 to €11,178
mainly Stocks and contracts (-€50,851) and Receivables within one year (-€34,582)
- Tangible fixed assets -€7,340
down €7,340 (-31.3%), from €23,437 to €16,097
of which Furniture and vehicles: -€7,138
- Trade debts +€39,402
up €39,402 (+322.2%), from €12,231 to €51,633
- Other debts +€25,038
up €25,038 (+26.8%), from €93,492 to €118,530
- Profit (loss) carried forward +€15,298
up €15,298 (+30.2%), from €50,723 to €66,022
- Debts after one year -€4,817
no longer reported in 2025 (was €4,817)
- Current portion of long-term debt -€4,427
down €4,427 (-47.9%), from €9,244 to €4,817
- Turnover +€277,293
up €277,293 (+89.4%), from €310,136 to €587,429
- Purchases and services +€262,460
up €262,460 (+98.8%), from €265,637 to €528,098
- Gross operating margin +€14,570
up €14,570 (+30.9%), from €47,224 to €61,794
- Staff costs +€6,779
up €6,779 (+30.2%), from €22,430 to €29,209
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 | €206,648 | €277,269 | +€70,622 | +34.2% |
| Fixed assets | 21/28 | €23,437 | €16,097 | -€7,340 | -31.3% |
| Tangible fixed assets | 22/27 | €23,437 | €16,097 | -€7,340 | -31.3% |
| Plant, machinery and equipment | 23 | €751 | €550 | -€202 | -26.9% |
| Furniture and vehicles | 24 | €22,686 | €15,548 | -€7,138 | -31.5% |
| Current assets | 29/58 | €183,210 | €261,172 | +€77,962 | +42.6% |
| Stocks and contracts in progress | 3 | €144,258 | €195,109 | +€50,851 | +35.2% |
| Stocks | 30/36 | €144,258 | €195,109 | +€50,851 | +35.2% |
| Amounts receivable within one year | 40/41 | €20,303 | €54,886 | +€34,582 | +170.3% |
| Trade receivables | 40 | €20,303 | €54,840 | +€34,536 | +170.1% |
| Other amounts receivable | 41 | - | €46 | +€46 | |
| Cash at bank and in hand | 54/58 | €18,649 | €11,178 | -€7,471 | -40.1% |
| Total equity and liabilities | 10/49 | €206,648 | €277,269 | +€70,622 | +34.2% |
| Equity | 10/15 | €56,723 | €72,022 | +€15,298 | +27.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,723 | €66,022 | +€15,298 | +30.2% |
| Amounts payable | 17/49 | €149,924 | €205,248 | +€55,323 | +36.9% |
| Amounts payable after more than one year | 17 | €4,817 | - | -€4,817 | |
| Financial debts | 170/4 | €4,817 | - | -€4,817 | |
| Amounts payable within one year | 42/48 | €145,107 | €205,248 | +€60,141 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €9,244 | €4,817 | -€4,427 | -47.9% |
| Financial debts | 43 | - | €3,096 | +€3,096 | |
| Credit institutions | 430/8 | - | €3,096 | +€3,096 | |
| Trade debts | 44 | €12,231 | €51,633 | +€39,402 | +322.2% |
| Suppliers | 440/4 | €12,231 | €51,633 | +€39,402 | +322.2% |
| Taxes, remuneration and social security | 45 | €30,140 | €27,172 | -€2,968 | -9.8% |
| Taxes | 450/3 | €26,040 | €20,317 | -€5,723 | -22.0% |
| Remuneration and social security | 454/9 | €4,100 | €6,855 | +€2,755 | +67.2% |
| Other amounts payable | 47/48 | €93,492 | €118,530 | +€25,038 | +26.8% |
| Turnover | 70 | €310,136 | €587,429 | +€277,293 | +89.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €265,637 | €528,098 | +€262,460 | +98.8% |
| Remuneration, social security and pensions | 62 | €22,430 | €29,209 | +€6,779 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,340 | €7,340 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €47,224 | €61,794 | +€14,570 | +30.9% |
| Operating profit (loss) | 9901 | €17,066 | €24,844 | +€7,779 | +45.6% |
| Financial income | 75/76B | €22 | €9 | -€12 | -56.7% |
| Recurring financial income | 75 | €22 | €9 | -€12 | -56.7% |
| Financial charges | 65/66B | €2,216 | €4,773 | +€2,557 | +115.4% |
| Recurring financial charges | 65 | €2,216 | €4,773 | +€2,557 | +115.4% |
| Profit (loss) for the period before taxes | 9903 | €14,871 | €20,081 | +€5,209 | +35.0% |
| Income taxes | 67/77 | €3,512 | €4,782 | +€1,271 | +36.2% |
| Profit (loss) for the period | 9904 | €11,360 | €15,298 | +€3,938 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,360 | €15,298 | +€3,938 | +34.7% |
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 11 October 2026 via checked.be.