OKALOA: 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.
OKALOA
Largest movements
- Cash +€114,513
up €114,513 (+62.6%), from €182,971 to €297,483
mainly Accrued charges and deferred income (+€81,546) and Tax, wage and social debts (+€20,647)
- Intangible fixed assets -€4,992
down €4,992 (-50.1%), from €9,970 to €4,978
- Tangible fixed assets -€4,036
down €4,036 (-35.4%), from €11,403 to €7,367
of which Other tangible fixed assets: -€2,026
- Accrued charges and deferred income +€81,546
up €81,546 (+604.8%), from €13,483 to €95,029
- Tax, wage and social debts +€20,647
up €20,647 (+247.1%), from €8,355 to €29,002
- Gross operating margin -€101,188
down €101,188 (-80.9%), from €125,094 to €23,906
- Taxes -€29,045
down €29,045 (-92.3%), from €31,458 to €2,413
- Staff costs +€4,921
new in 2025: €4,921
- Depreciation -€3,875
down €3,875 (-30.0%), from €12,903 to €9,028
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 | €231,345 | €333,561 | +€102,217 | +44.2% |
| Fixed assets | 21/28 | €21,498 | €12,470 | -€9,028 | -42.0% |
| Intangible fixed assets | 21 | €9,970 | €4,978 | -€4,992 | -50.1% |
| Tangible fixed assets | 22/27 | €11,403 | €7,367 | -€4,036 | -35.4% |
| Plant, machinery and equipment | 23 | €4,173 | €2,576 | -€1,597 | -38.3% |
| Furniture and vehicles | 24 | €687 | €275 | -€413 | -60.0% |
| Other tangible fixed assets | 26 | €6,543 | €4,517 | -€2,026 | -31.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €209,846 | €321,091 | +€111,245 | +53.0% |
| Stocks and contracts in progress | 3 | €5,647 | €4,353 | -€1,293 | -22.9% |
| Stocks | 30/36 | €5,647 | €4,353 | -€1,293 | -22.9% |
| Amounts receivable within one year | 40/41 | €19,565 | €17,709 | -€1,856 | -9.5% |
| Trade receivables | 40 | €18,799 | €24 | -€18,774 | -99.9% |
| Other amounts receivable | 41 | €766 | €17,684 | +€16,918 | +2209.2% |
| Cash at bank and in hand | 54/58 | €182,971 | €297,483 | +€114,513 | +62.6% |
| Deferred charges and accrued income | 490/1 | €1,665 | €1,546 | -€118 | -7.1% |
| Total equity and liabilities | 10/49 | €231,345 | €333,561 | +€102,217 | +44.2% |
| Equity | 10/15 | €198,682 | €200,976 | +€2,294 | +1.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €180,132 | €182,426 | +€2,294 | +1.3% |
| Distributable reserves | 133 | €180,132 | €182,426 | +€2,294 | +1.3% |
| Amounts payable | 17/49 | €32,663 | €132,586 | +€99,923 | +305.9% |
| Amounts payable within one year | 42/48 | €19,180 | €37,557 | +€18,376 | +95.8% |
| Trade debts | 44 | €9,108 | €6,550 | -€2,557 | -28.1% |
| Suppliers | 440/4 | €9,108 | €6,550 | -€2,557 | -28.1% |
| Taxes, remuneration and social security | 45 | €8,355 | €29,002 | +€20,647 | +247.1% |
| Taxes | 450/3 | €8,355 | €29,002 | +€20,647 | +247.1% |
| Other amounts payable | 47/48 | €1,718 | €2,005 | +€287 | +16.7% |
| Accrued charges and deferred income | 492/3 | €13,483 | €95,029 | +€81,546 | +604.8% |
| Remuneration, social security and pensions | 62 | - | €4,921 | +€4,921 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,903 | €9,028 | -€3,875 | -30.0% |
| Other operating charges | 640/8 | €1,538 | €2,237 | +€699 | +45.5% |
| Gross operating margin | 9900 | €125,094 | €23,906 | -€101,188 | -80.9% |
| Operating profit (loss) | 9901 | €110,653 | €7,720 | -€102,934 | -93.0% |
| Financial income | 75/76B | €349 | €337 | -€12 | -3.5% |
| Recurring financial income | 75 | €349 | €337 | -€12 | -3.5% |
| Financial charges | 65/66B | €1,958 | €1,683 | -€275 | -14.1% |
| Recurring financial charges | 65 | €1,958 | €1,683 | -€275 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €109,044 | €6,373 | -€102,671 | -94.2% |
| Income taxes | 67/77 | €31,458 | €2,413 | -€29,045 | -92.3% |
| Profit (loss) for the period | 9904 | €77,586 | €3,960 | -€73,626 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,586 | €3,960 | -€73,626 | -94.9% |
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 10 October 2026 via checked.be.