OKAY 12: 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.
OKAY 12
Largest movements
- Tangible fixed assets -€2,791
down €2,791 (-44.3%), from €6,299 to €3,508
- Cash +€331
up €331 (+61.2%), from €541 to €873
mainly Debts after one year (+€3,031) and Depreciation (+€2,791)
- Receivables within one year +€267
up €267 (+11.9%), from €2,249 to €2,515
- Profit (loss) carried forward -€5,234
down €5,234 (-13.9%), from -€37,552 to -€42,786
- Debts after one year +€3,031
up €3,031 (+7.3%), from €41,601 to €44,632
- Gross operating margin +€3,160
up €3,160 (+63.2%), from -€5,000 to -€1,840
- Taxes -€164
no longer reported in 2025 (was €164)
- Other operating charges +€72
up €72 (+16.4%), from €441 to €513
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 | €9,299 | €7,106 | -€2,192 | -23.6% |
| Fixed assets | 21/28 | €6,299 | €3,508 | -€2,791 | -44.3% |
| Tangible fixed assets | 22/27 | €6,299 | €3,508 | -€2,791 | -44.3% |
| Furniture and vehicles | 24 | €6,299 | €3,508 | -€2,791 | -44.3% |
| Current assets | 29/58 | €3,000 | €3,598 | +€598 | +19.9% |
| Amounts receivable within one year | 40/41 | €2,249 | €2,515 | +€267 | +11.9% |
| Other amounts receivable | 41 | €2,249 | €2,515 | +€267 | +11.9% |
| Cash at bank and in hand | 54/58 | €541 | €873 | +€331 | +61.2% |
| Deferred charges and accrued income | 490/1 | €210 | €210 | = | 0.0% |
| Total equity and liabilities | 10/49 | €9,299 | €7,106 | -€2,192 | -23.6% |
| Equity | 10/15 | -€32,552 | -€37,786 | -€5,234 | -16.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,552 | -€42,786 | -€5,234 | -13.9% |
| Amounts payable | 17/49 | €41,851 | €44,893 | +€3,042 | +7.3% |
| Amounts payable after more than one year | 17 | €41,601 | €44,632 | +€3,031 | +7.3% |
| Other amounts payable | 178/9 | €41,601 | €44,632 | +€3,031 | +7.3% |
| Amounts payable within one year | 42/48 | €250 | €260 | +€10 | +4.2% |
| Trade debts | 44 | €250 | €260 | +€10 | +4.2% |
| Suppliers | 440/4 | €250 | €260 | +€10 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,791 | €2,791 | = | 0.0% |
| Other operating charges | 640/8 | €441 | €513 | +€72 | +16.4% |
| Gross operating margin | 9900 | -€5,000 | -€1,840 | +€3,160 | +63.2% |
| Operating profit (loss) | 9901 | -€8,231 | -€5,144 | +€3,087 | +37.5% |
| Financial charges | 65/66B | €90 | €90 | = | 0.0% |
| Recurring financial charges | 65 | €90 | €90 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,321 | -€5,234 | +€3,087 | +37.1% |
| Income taxes | 67/77 | €164 | - | -€164 | |
| Profit (loss) for the period | 9904 | -€8,486 | -€5,234 | +€3,252 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,486 | -€5,234 | +€3,252 | +38.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.