OKDO BUILDING MAINTENANCE: 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.
What changed
OKDO BUILDING MAINTENANCE
NACE 81.100, Combined facilities support activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€82,011
2024 · -€72,497+€154,509
Equity
€495,346
2024 · €345,335+€150,011
Cash
€316,948
2024 · €311,832+€5,116
Balance sheet total
€1.8m
2024 · €1.9m-€103,662
Largest movements
Assets
- Tangible fixed assets -€114,732
down €114,732 (-51.4%), from €223,307 to €108,575
of which Furniture and vehicles: -€72,574
- Financial fixed assets +€68,000
up €68,000 (+73.2%), from €92,940 to €160,940
- Receivables within one year -€32,919
down €32,919 (-3.8%), from €875,401 to €842,482
of which Trade receivables: -€53,367
Equity and liabilities
- Other debts -€117,547
down €117,547 (-99.9%), from €117,657 to €110
- Profit (loss) carried forward +€77,911
up €77,911 (+57.0%), from €136,768 to €214,678
- Revaluation surpluses +€68,000
new in 2025: €68,000
- Trade debts -€53,988
down €53,988 (-13.4%), from €401,821 to €347,832
- Short-term financial debts -€49,005
down €49,005 (-8.4%), from €586,665 to €537,659
Income statement
- Staff costs -€215,326
down €215,326 (-10.8%), from €2.0m to €1.8m
- Gross operating margin -€193,835
down €193,835 (-8.6%), from €2.3m to €2.1m
- Depreciation -€56,621
down €56,621 (-27.8%), from €203,550 to €146,929
- Financial charges +€52,924
up €52,924 (+212.7%), from €24,885 to €77,809
of which Non-recurring financial charges: +€48,869
- Taxes +€44,954
up €44,954, from -€15,780 to €29,174
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.
Result 2024
-€72,497
Gross operating margin
-€193,835
Staff costs
+€215,326
Depreciation
+€56,621
Provisions
+€22,196
Other operating charges
+€28,122
Other operating items
+€79,527
Financial income
+€44,429
Financial charges
-€52,924
Taxes
-€44,954
Result 2025
€82,011
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.
From operations
+€104,793
Investment
-€99,226
Financing
-€450
Cash 2024
€311,832
From operations (derived)
+€104,793
Net result for the year
+€82,011
Depreciation
+€146,929
Stocks and contracts
+€15,784
Receivables within one year
+€32,919
Deferred charges and accrued income
+€12,372
Provisions
-€18,057
Trade debts
-€53,988
Tax, wage and social debts
+€4,804
Other debts
-€117,547
Accrued charges and deferred income
-€435
Investment (derived)
-€99,226
Investment in fixed assets (net)
-€99,226
Financing
-€450
Debts after one year
-€916
Current portion of long-term debt
-€18,529
Short-term financial debts
-€49,005
Contributions, distributions and other
+€68,000
Cash 2025
€316,948
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,861,208 | €1,757,546 | -€103,662 | -5.6% |
| Fixed assets | 21/28 | €373,761 | €326,058 | -€47,703 | -12.8% |
| Intangible fixed assets | 21 | €57,514 | €56,543 | -€970 | -1.7% |
| Tangible fixed assets | 22/27 | €223,307 | €108,575 | -€114,732 | -51.4% |
| Plant, machinery and equipment | 23 | €103,089 | €57,422 | -€45,667 | -44.3% |
| Furniture and vehicles | 24 | €116,642 | €44,068 | -€72,574 | -62.2% |
| Other tangible fixed assets | 26 | €3,576 | €7,085 | +€3,509 | +98.1% |
| Financial fixed assets | 28 | €92,940 | €160,940 | +€68,000 | +73.2% |
| Current assets | 29/58 | €1,487,447 | €1,431,488 | -€55,959 | -3.8% |
| Stocks and contracts in progress | 3 | €236,126 | €220,342 | -€15,784 | -6.7% |
| Stocks | 30/36 | €236,126 | €220,342 | -€15,784 | -6.7% |
| Amounts receivable within one year | 40/41 | €875,401 | €842,482 | -€32,919 | -3.8% |
| Trade receivables | 40 | €819,464 | €766,097 | -€53,367 | -6.5% |
| Other amounts receivable | 41 | €55,937 | €76,386 | +€20,448 | +36.6% |
| Cash at bank and in hand | 54/58 | €311,832 | €316,948 | +€5,116 | +1.6% |
| Deferred charges and accrued income | 490/1 | €64,088 | €51,716 | -€12,372 | -19.3% |
| Total equity and liabilities | 10/49 | €1,861,208 | €1,757,546 | -€103,662 | -5.6% |
| Equity | 10/15 | €345,335 | €495,346 | +€150,011 | +43.4% |
| Contributions | 10/11 | €198,600 | €198,600 | = | 0.0% |
| Capital | 10 | €198,600 | €198,600 | = | 0.0% |
| Issued capital | 100 | €198,600 | €198,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €68,000 | +€68,000 | |
| Reserves | 13 | €9,967 | €14,068 | +€4,101 | +41.1% |
| Non-distributable reserves | 130/1 | €9,967 | €14,068 | +€4,101 | +41.1% |
| Legal reserve | 130 | €9,967 | €14,068 | +€4,101 | +41.1% |
| Profit (loss) carried forward | 14 | €136,768 | €214,678 | +€77,911 | +57.0% |
| Provisions and deferred taxes | 16 | €18,057 | - | -€18,057 | |
| Provisions for liabilities and charges | 160/5 | €18,057 | - | -€18,057 | |
| Other liabilities and charges | 164/5 | €18,057 | - | -€18,057 | |
| Amounts payable | 17/49 | €1,497,816 | €1,262,200 | -€235,616 | -15.7% |
| Amounts payable after more than one year | 17 | €48,762 | €47,846 | -€916 | -1.9% |
| Financial debts | 170/4 | €48,762 | €47,846 | -€916 | -1.9% |
| Amounts payable within one year | 42/48 | €1,448,619 | €1,214,354 | -€234,265 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €109,591 | €91,062 | -€18,529 | -16.9% |
| Financial debts | 43 | €586,665 | €537,659 | -€49,005 | -8.4% |
| Credit institutions | 430/8 | €586,665 | €537,659 | -€49,005 | -8.4% |
| Trade debts | 44 | €401,821 | €347,832 | -€53,988 | -13.4% |
| Suppliers | 440/4 | €401,821 | €347,832 | -€53,988 | -13.4% |
| Taxes, remuneration and social security | 45 | €232,886 | €237,690 | +€4,804 | +2.1% |
| Taxes | 450/3 | €16,550 | €40,573 | +€24,022 | +145.1% |
| Remuneration and social security | 454/9 | €216,335 | €197,117 | -€19,218 | -8.9% |
| Other amounts payable | 47/48 | €117,657 | €110 | -€117,547 | -99.9% |
| Accrued charges and deferred income | 492/3 | €435 | - | -€435 | |
| Remuneration, social security and pensions | 62 | €1,998,301 | €1,782,976 | -€215,326 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,550 | €146,929 | -€56,621 | -27.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €18,057 | -€4,139 | -€22,196 | |
| Other operating charges | 640/8 | €59,387 | €31,265 | -€28,122 | -47.4% |
| Non-recurring operating charges | 66A | €79,527 | - | -€79,527 | |
| Gross operating margin | 9900 | €2,265,901 | €2,072,066 | -€193,835 | -8.6% |
| Operating profit (loss) | 9901 | -€92,922 | €115,036 | +€207,958 | |
| Financial income | 75/76B | €29,529 | €73,958 | +€44,429 | +150.5% |
| Recurring financial income | 75 | €29,529 | €785 | -€28,744 | -97.3% |
| Non-recurring financial income | 76B | - | €73,173 | +€73,173 | |
| Financial charges | 65/66B | €24,885 | €77,809 | +€52,924 | +212.7% |
| Recurring financial charges | 65 | €24,885 | €28,939 | +€4,054 | +16.3% |
| Non-recurring financial charges | 66B | - | €48,869 | +€48,869 | |
| Profit (loss) for the period before taxes | 9903 | -€88,278 | €111,185 | +€199,463 | |
| Income taxes | 67/77 | -€15,780 | €29,174 | +€44,954 | |
| Profit (loss) for the period | 9904 | -€72,497 | €82,011 | +€154,509 | |
| Profit (loss) for the period to be appropriated | 9905 | -€72,497 | €82,011 | +€154,509 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.