OKAZ' CENTER: 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.
OKAZ' CENTER
Largest movements
- Receivables within one year -€52,981
down €52,981 (-57.2%), from €92,645 to €39,664
of which Trade receivables: -€58,546
- Cash +€21,797
up €21,797 (+624%), from €3,493 to €25,290
mainly Receivables within one year (+€52,981) and Depreciation (+€34,871)
- Tangible fixed assets -€7,919
down €7,919 (-11.4%), from €69,174 to €61,255
of which Furniture and vehicles: -€8,298
- Stocks and contracts +€5,894
up €5,894 (+2.9%), from €199,942 to €205,836
- Reserves -€23,571
down €23,571 (-22.3%), from €105,606 to €82,035
- Trade debts -€16,897
down €16,897 (-22.1%), from €76,289 to €59,392
- Tax, wage and social debts -€15,313
down €15,313 (-96.7%), from €15,841 to €528
- Debts after one year +€14,072
up €14,072 (+24.0%), from €58,633 to €72,704
- Short-term financial debts -€13,984
down €13,984 (-31.7%), from €44,156 to €30,171
- Gross operating margin -€37,206
down €37,206 (-33.2%), from €112,059 to €74,853
- Taxes -€8,111
down €8,111, from €7,383 to -€728
- Depreciation +€6,752
up €6,752 (+24.0%), from €28,118 to €34,871
- Other operating charges +€2,497
up €2,497 (+5.9%), from €42,597 to €45,093
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 | €374,224 | €340,549 | -€33,675 | -9.0% |
| Fixed assets | 21/28 | €69,174 | €61,255 | -€7,919 | -11.4% |
| Tangible fixed assets | 22/27 | €69,174 | €61,255 | -€7,919 | -11.4% |
| Plant, machinery and equipment | 23 | €1,596 | €1,176 | -€420 | -26.3% |
| Furniture and vehicles | 24 | €58,304 | €50,006 | -€8,298 | -14.2% |
| Other tangible fixed assets | 26 | €9,274 | €10,073 | +€799 | +8.6% |
| Current assets | 29/58 | €305,050 | €279,294 | -€25,755 | -8.4% |
| Stocks and contracts in progress | 3 | €199,942 | €205,836 | +€5,894 | +2.9% |
| Stocks | 30/36 | €199,942 | €205,836 | +€5,894 | +2.9% |
| Amounts receivable within one year | 40/41 | €92,645 | €39,664 | -€52,981 | -57.2% |
| Trade receivables | 40 | €80,960 | €22,414 | -€58,546 | -72.3% |
| Other amounts receivable | 41 | €11,685 | €17,249 | +€5,564 | +47.6% |
| Cash at bank and in hand | 54/58 | €3,493 | €25,290 | +€21,797 | +624% |
| Deferred charges and accrued income | 490/1 | €8,970 | €8,505 | -€465 | -5.2% |
| Total equity and liabilities | 10/49 | €374,224 | €340,549 | -€33,675 | -9.0% |
| Equity | 10/15 | €124,206 | €100,635 | -€23,571 | -19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,606 | €82,035 | -€23,571 | -22.3% |
| Distributable reserves | 133 | €105,606 | €82,035 | -€23,571 | -22.3% |
| Amounts payable | 17/49 | €250,018 | €239,914 | -€10,104 | -4.0% |
| Amounts payable after more than one year | 17 | €58,633 | €72,704 | +€14,072 | +24.0% |
| Financial debts | 170/4 | €58,633 | €72,704 | +€14,072 | +24.0% |
| Amounts payable within one year | 42/48 | €190,190 | €166,737 | -€23,453 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €42,640 | €52,543 | +€9,903 | +23.2% |
| Financial debts | 43 | €44,156 | €30,171 | -€13,984 | -31.7% |
| Credit institutions | 430/8 | €44,156 | €30,171 | -€13,984 | -31.7% |
| Trade debts | 44 | €76,289 | €59,392 | -€16,897 | -22.1% |
| Suppliers | 440/4 | €76,289 | €59,392 | -€16,897 | -22.1% |
| Taxes, remuneration and social security | 45 | €15,841 | €528 | -€15,313 | -96.7% |
| Taxes | 450/3 | €15,841 | €528 | -€15,313 | -96.7% |
| Other amounts payable | 47/48 | €11,265 | €24,103 | +€12,838 | +114% |
| Accrued charges and deferred income | 492/3 | €1,196 | €473 | -€723 | -60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,118 | €34,871 | +€6,752 | +24.0% |
| Other operating charges | 640/8 | €42,597 | €45,093 | +€2,497 | +5.9% |
| Non-recurring operating charges | 66A | - | €6,249 | +€6,249 | |
| Gross operating margin | 9900 | €112,059 | €74,853 | -€37,206 | -33.2% |
| Operating profit (loss) | 9901 | €41,344 | -€11,361 | -€52,704 | |
| Financial income | 75/76B | €158 | €6 | -€152 | -96.2% |
| Recurring financial income | 75 | €158 | €6 | -€152 | -96.2% |
| Financial charges | 65/66B | €13,577 | €12,944 | -€633 | -4.7% |
| Recurring financial charges | 65 | €13,577 | €12,944 | -€633 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €27,925 | -€24,298 | -€52,223 | |
| Income taxes | 67/77 | €7,383 | -€728 | -€8,111 | |
| Profit (loss) for the period | 9904 | €20,542 | -€23,571 | -€44,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,542 | -€23,571 | -€44,112 |
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 29 October 2026 via checked.be.