OKAPI CONSULT: 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.
OKAPI CONSULT
Largest movements
- Cash +€215,334
up €215,334 (+212%), from €101,602 to €316,936
mainly Net result for the year (+€91,337) and Current investments (+€75,000)
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Receivables within one year -€25,895
down €25,895 (-96.2%), from €26,918 to €1,023
of which Trade receivables: -€15,180
- Tangible fixed assets +€8,532
up €8,532 (+18.5%), from €46,158 to €54,690
- Reserves +€91,000
up €91,000 (+48.9%), from €186,000 to €277,000
- Tax, wage and social debts +€34,148
up €34,148 (+56.3%), from €60,612 to €94,760
- Gross operating margin -€7,327
down €7,327 (-4.5%), from €161,271 to €153,944
- Taxes -€6,651
down €6,651 (-13.1%), from €50,715 to €44,063
- Depreciation +€5,711
up €5,711 (+41.1%), from €13,882 to €19,593
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 | €252,991 | €376,198 | +€123,207 | +48.7% |
| Fixed assets | 21/28 | €46,158 | €56,690 | +€10,532 | +22.8% |
| Tangible fixed assets | 22/27 | €46,158 | €54,690 | +€8,532 | +18.5% |
| Furniture and vehicles | 24 | €46,158 | €54,690 | +€8,532 | +18.5% |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €206,833 | €319,508 | +€112,674 | +54.5% |
| Amounts receivable within one year | 40/41 | €26,918 | €1,023 | -€25,895 | -96.2% |
| Trade receivables | 40 | €15,180 | - | -€15,180 | |
| Other amounts receivable | 41 | €11,737 | €1,023 | -€10,714 | -91.3% |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €101,602 | €316,936 | +€215,334 | +212% |
| Deferred charges and accrued income | 490/1 | €3,313 | €1,548 | -€1,765 | -53.3% |
| Total equity and liabilities | 10/49 | €252,991 | €376,198 | +€123,207 | +48.7% |
| Equity | 10/15 | €188,362 | €279,698 | +€91,337 | +48.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €186,000 | €277,000 | +€91,000 | +48.9% |
| Distributable reserves | 133 | €186,000 | €277,000 | +€91,000 | +48.9% |
| Profit (loss) carried forward | 14 | €362 | €698 | +€337 | +93.1% |
| Amounts payable | 17/49 | €64,630 | €96,500 | +€31,870 | +49.3% |
| Amounts payable within one year | 42/48 | €64,630 | €96,500 | +€31,870 | +49.3% |
| Trade debts | 44 | €4,018 | €1,391 | -€2,627 | -65.4% |
| Suppliers | 440/4 | €4,018 | €1,391 | -€2,627 | -65.4% |
| Taxes, remuneration and social security | 45 | €60,612 | €94,760 | +€34,148 | +56.3% |
| Taxes | 450/3 | €60,612 | €94,760 | +€34,148 | +56.3% |
| Other amounts payable | 47/48 | - | €348 | +€348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,882 | €19,593 | +€5,711 | +41.1% |
| Other operating charges | 640/8 | €280 | €653 | +€373 | +133% |
| Gross operating margin | 9900 | €161,271 | €153,944 | -€7,327 | -4.5% |
| Operating profit (loss) | 9901 | €147,110 | €133,699 | -€13,411 | -9.1% |
| Financial income | 75/76B | €992 | €1,810 | +€819 | +82.6% |
| Recurring financial income | 75 | €992 | €1,810 | +€819 | +82.6% |
| Financial charges | 65/66B | €209 | €109 | -€100 | -47.7% |
| Recurring financial charges | 65 | €209 | €109 | -€100 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €147,893 | €135,400 | -€12,493 | -8.4% |
| Income taxes | 67/77 | €50,715 | €44,063 | -€6,651 | -13.1% |
| Profit (loss) for the period | 9904 | €97,178 | €91,337 | -€5,841 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,178 | €91,337 | -€5,841 | -6.0% |
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 13 October 2026 via checked.be.