OKAY GROUP: 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 GROUP
Largest movements
- Receivables within one year +€361,332
up €361,332 (+80.4%), from €449,239 to €810,572
of which Trade receivables: +€339,776
- Tangible fixed assets -€58,159
down €58,159 (-14.4%), from €403,524 to €345,365
- Cash +€12,920
up €12,920 (+13.0%), from €99,335 to €112,255
mainly Trade debts (+€298,462) and Depreciation (+€94,204)
- Trade debts +€298,462
up €298,462 (+47.4%), from €629,561 to €928,023
- Profit (loss) carried forward +€63,764
up €63,764 (+26.2%), from €243,813 to €307,577
- Tax, wage and social debts -€46,132
down €46,132 (-68.1%), from €67,724 to €21,592
of which Taxes: -€45,310
- Staff costs +€434,686
up €434,686 (+221%), from €196,965 to €631,651
- Gross operating margin +€390,948
up €390,948 (+71.6%), from €546,271 to €937,219
- Other operating charges +€82,273
up €82,273 (+135%), from €60,961 to €143,234
- Depreciation +€50,826
up €50,826 (+117%), from €43,379 to €94,204
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 | €961,098 | €1,277,192 | +€316,094 | +32.9% |
| Fixed assets | 21/28 | €412,524 | €354,365 | -€58,159 | -14.1% |
| Tangible fixed assets | 22/27 | €403,524 | €345,365 | -€58,159 | -14.4% |
| Furniture and vehicles | 24 | €403,524 | €345,365 | -€58,159 | -14.4% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €548,575 | €922,827 | +€374,253 | +68.2% |
| Amounts receivable within one year | 40/41 | €449,239 | €810,572 | +€361,332 | +80.4% |
| Trade receivables | 40 | €441,239 | €781,015 | +€339,776 | +77.0% |
| Other amounts receivable | 41 | €8,000 | €29,557 | +€21,557 | +269% |
| Cash at bank and in hand | 54/58 | €99,335 | €112,255 | +€12,920 | +13.0% |
| Total equity and liabilities | 10/49 | €961,098 | €1,277,192 | +€316,094 | +32.9% |
| Equity | 10/15 | €263,813 | €327,577 | +€63,764 | +24.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €243,813 | €307,577 | +€63,764 | +26.2% |
| Amounts payable | 17/49 | €697,285 | €949,615 | +€252,330 | +36.2% |
| Amounts payable within one year | 42/48 | €697,285 | €949,615 | +€252,330 | +36.2% |
| Trade debts | 44 | €629,561 | €928,023 | +€298,462 | +47.4% |
| Suppliers | 440/4 | €629,561 | €928,023 | +€298,462 | +47.4% |
| Taxes, remuneration and social security | 45 | €67,724 | €21,592 | -€46,132 | -68.1% |
| Taxes | 450/3 | €66,903 | €21,592 | -€45,310 | -67.7% |
| Remuneration and social security | 454/9 | €822 | - | -€822 | |
| Remuneration, social security and pensions | 62 | €196,965 | €631,651 | +€434,686 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,379 | €94,204 | +€50,826 | +117% |
| Other operating charges | 640/8 | €60,961 | €143,234 | +€82,273 | +135% |
| Gross operating margin | 9900 | €546,271 | €937,219 | +€390,948 | +71.6% |
| Operating profit (loss) | 9901 | €244,967 | €68,130 | -€176,837 | -72.2% |
| Financial income | 75/76B | €10 | €0 | -€10 | -96.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -96.0% |
| Financial charges | 65/66B | €1,164 | €1,210 | +€46 | +4.0% |
| Recurring financial charges | 65 | €1,164 | €1,210 | +€46 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €243,813 | €66,921 | -€176,892 | -72.6% |
| Income taxes | 67/77 | - | €3,157 | +€3,157 | |
| Profit (loss) for the period | 9904 | €243,813 | €63,764 | -€180,050 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €243,813 | €63,764 | -€180,050 | -73.8% |
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 25 October 2026 via checked.be.