OKEEDAN: 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.
OKEEDAN
Largest movements
- Cash -€24,193
down €24,193 (-51.2%), from €47,279 to €23,086
mainly Trade debts (-€52,445) and Investment in fixed assets (net) (-€31,473)
- Receivables within one year -€21,229
down €21,229 (-18.6%), from €114,126 to €92,897
of which Other amounts receivable: -€29,651
- Tangible fixed assets +€17,077
up €17,077 (+42.5%), from €40,218 to €57,295
of which Furniture and vehicles: +€21,656
- Trade debts -€52,445
down €52,445 (-93.3%), from €56,219 to €3,774
- Tax, wage and social debts +€24,402
up €24,402 (+399%), from €6,108 to €30,511
- Reserves -€2,504
down €2,504 (-2.0%), from €126,571 to €124,067
- Gross operating margin -€5,697
down €5,697 (-12.8%), from €44,643 to €38,946
- Taxes -€4,858
down €4,858 (-52.1%), from €9,330 to €4,472
- Depreciation +€2,326
up €2,326 (+19.3%), from €12,070 to €14,396
- Other operating charges -€507
down €507 (-24.4%), from €2,078 to €1,572
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 | €208,299 | €179,067 | -€29,232 | -14.0% |
| Fixed assets | 21/28 | €42,175 | €59,252 | +€17,077 | +40.5% |
| Tangible fixed assets | 22/27 | €40,218 | €57,295 | +€17,077 | +42.5% |
| Land and buildings | 22 | €33,294 | €28,466 | -€4,829 | -14.5% |
| Plant, machinery and equipment | 23 | €3,215 | €3,465 | +€250 | +7.8% |
| Furniture and vehicles | 24 | €3,709 | €25,365 | +€21,656 | +584% |
| Financial fixed assets | 28 | €1,956 | €1,956 | = | 0.0% |
| Current assets | 29/58 | €166,124 | €119,815 | -€46,309 | -27.9% |
| Amounts receivable within one year | 40/41 | €114,126 | €92,897 | -€21,229 | -18.6% |
| Trade receivables | 40 | €60,300 | €68,722 | +€8,422 | +14.0% |
| Other amounts receivable | 41 | €53,827 | €24,176 | -€29,651 | -55.1% |
| Cash at bank and in hand | 54/58 | €47,279 | €23,086 | -€24,193 | -51.2% |
| Deferred charges and accrued income | 490/1 | €4,719 | €3,832 | -€888 | -18.8% |
| Total equity and liabilities | 10/49 | €208,299 | €179,067 | -€29,232 | -14.0% |
| Equity | 10/15 | €145,571 | €143,067 | -€2,504 | -1.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €126,571 | €124,067 | -€2,504 | -2.0% |
| Distributable reserves | 133 | €126,571 | €124,067 | -€2,504 | -2.0% |
| Amounts payable | 17/49 | €62,728 | €36,000 | -€26,728 | -42.6% |
| Amounts payable within one year | 42/48 | €62,728 | €35,976 | -€26,751 | -42.6% |
| Trade debts | 44 | €56,219 | €3,774 | -€52,445 | -93.3% |
| Suppliers | 440/4 | €56,219 | €3,774 | -€52,445 | -93.3% |
| Taxes, remuneration and social security | 45 | €6,108 | €30,511 | +€24,402 | +399% |
| Taxes | 450/3 | €6,108 | €30,511 | +€24,402 | +399% |
| Other amounts payable | 47/48 | €401 | €1,692 | +€1,291 | +322% |
| Accrued charges and deferred income | 492/3 | - | €23 | +€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,070 | €14,396 | +€2,326 | +19.3% |
| Other operating charges | 640/8 | €2,078 | €1,572 | -€507 | -24.4% |
| Gross operating margin | 9900 | €44,643 | €38,946 | -€5,697 | -12.8% |
| Operating profit (loss) | 9901 | €30,495 | €22,979 | -€7,516 | -24.6% |
| Financial income | 75/76B | €60 | - | -€60 | |
| Recurring financial income | 75 | €60 | - | -€60 | |
| Financial charges | 65/66B | €315 | €178 | -€137 | -43.5% |
| Recurring financial charges | 65 | €315 | €178 | -€137 | -43.5% |
| Non-recurring financial charges | 66B | €315 | - | -€315 | |
| Profit (loss) for the period before taxes | 9903 | €30,240 | €22,801 | -€7,439 | -24.6% |
| Income taxes | 67/77 | €9,330 | €4,472 | -€4,858 | -52.1% |
| Profit (loss) for the period | 9904 | €20,910 | €18,329 | -€2,582 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,910 | €18,329 | -€2,582 | -12.3% |
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 17 October 2026 via checked.be.