OKAPI: 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.
OKAPI
Largest movements
- Cash +€43,288
up €43,288 (+48.8%), from €88,796 to €132,085
mainly Depreciation (+€20,313) and Net result for the year (+€15,461)
- Tangible fixed assets -€20,313
down €20,313 (-27.2%), from €74,736 to €54,424
of which Furniture and vehicles: -€17,345
- Receivables within one year -€8,703
down €8,703 (-29.8%), from €29,233 to €20,529
- Reserves +€15,461
up €15,461 (+8.6%), from €178,742 to €194,203
of which Distributable reserves: +€15,461
- Trade debts -€8,959
down €8,959 (-35.2%), from €25,471 to €16,512
- Tax, wage and social debts +€5,502
up €5,502 (+16.1%), from €34,158 to €39,660
of which Taxes: +€3,480
- Other debts +€4,238
up €4,238 (+108.2%), from €3,916 to €8,154
- Gross operating margin -€13,114
down €13,114 (-7.6%), from €172,070 to €158,956
- Staff costs +€8,534
up €8,534 (+8.2%), from €103,547 to €112,081
- Taxes -€4,531
down €4,531 (-35.9%), from €12,621 to €8,089
- Other operating charges -€2,333
down €2,333 (-56.0%), from €4,168 to €1,834
- Write-downs +€2,042
no longer reported in 2025 (was -€2,042)
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 | €304,287 | €320,529 | +€16,242 | +5.3% |
| Fixed assets | 21/28 | €74,736 | €54,424 | -€20,313 | -27.2% |
| Tangible fixed assets | 22/27 | €74,736 | €54,424 | -€20,313 | -27.2% |
| Plant, machinery and equipment | 23 | €5,179 | €2,212 | -€2,967 | -57.3% |
| Furniture and vehicles | 24 | €69,557 | €52,211 | -€17,345 | -24.9% |
| Current assets | 29/58 | €229,551 | €266,105 | +€36,554 | +15.9% |
| Amounts receivable after more than one year | 29 | €5,450 | €5,450 | = | 0.0% |
| Other amounts receivable | 291 | €5,450 | €5,450 | = | 0.0% |
| Stocks and contracts in progress | 3 | €30,691 | €32,660 | +€1,970 | +6.4% |
| Stocks | 30/36 | €30,691 | €32,660 | +€1,970 | +6.4% |
| Amounts receivable within one year | 40/41 | €29,233 | €20,529 | -€8,703 | -29.8% |
| Trade receivables | 40 | €29,233 | €20,529 | -€8,703 | -29.8% |
| Current investments | 50/53 | €75,381 | €75,381 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €88,796 | €132,085 | +€43,288 | +48.8% |
| Total equity and liabilities | 10/49 | €304,287 | €320,529 | +€16,242 | +5.3% |
| Equity | 10/15 | €240,742 | €256,203 | +€15,461 | +6.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €178,742 | €194,203 | +€15,461 | +8.6% |
| Non-distributable reserves | 130/1 | €11,465 | €11,465 | = | 0.0% |
| Legal reserve | 130 | €11,465 | €11,465 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,177 | €31,177 | = | 0.0% |
| Distributable reserves | 133 | €136,099 | €151,560 | +€15,461 | +11.4% |
| Amounts payable | 17/49 | €63,545 | €64,326 | +€781 | +1.2% |
| Amounts payable within one year | 42/48 | €63,545 | €64,326 | +€781 | +1.2% |
| Trade debts | 44 | €25,471 | €16,512 | -€8,959 | -35.2% |
| Suppliers | 440/4 | €25,471 | €16,512 | -€8,959 | -35.2% |
| Taxes, remuneration and social security | 45 | €34,158 | €39,660 | +€5,502 | +16.1% |
| Taxes | 450/3 | €10,201 | €13,681 | +€3,480 | +34.1% |
| Remuneration and social security | 454/9 | €23,957 | €25,980 | +€2,022 | +8.4% |
| Other amounts payable | 47/48 | €3,916 | €8,154 | +€4,238 | +108.2% |
| Non-recurring operating income | 76A | €16,570 | - | -€16,570 | |
| Remuneration, social security and pensions | 62 | €103,547 | €112,081 | +€8,534 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,513 | €20,313 | +€799 | +4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,042 | - | +€2,042 | |
| Other operating charges | 640/8 | €4,168 | €1,834 | -€2,333 | -56.0% |
| Gross operating margin | 9900 | €172,070 | €158,956 | -€13,114 | -7.6% |
| Operating profit (loss) | 9901 | €46,885 | €24,728 | -€22,157 | -47.3% |
| Financial income | 75/76B | €1,001 | €141 | -€860 | -85.9% |
| Recurring financial income | 75 | €1,001 | €141 | -€860 | -85.9% |
| Financial charges | 65/66B | €790 | €1,318 | +€528 | +66.8% |
| Recurring financial charges | 65 | €790 | €1,318 | +€528 | +66.8% |
| Profit (loss) for the period before taxes | 9903 | €47,096 | €23,550 | -€23,545 | -50.0% |
| Income taxes | 67/77 | €12,621 | €8,089 | -€4,531 | -35.9% |
| Profit (loss) for the period | 9904 | €34,475 | €15,461 | -€19,014 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,475 | €15,461 | -€19,014 | -55.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.