OKESO: 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.
OKESO
Largest movements
- Cash -€79,248
down €79,248 (-83.2%), from €95,218 to €15,970
mainly Net result for the year (-€49,986) and Contributions, distributions and other (-€25,482)
- Receivables within one year +€19,312
up €19,312 (+87.3%), from €22,109 to €41,421
of which Trade receivables: +€18,344
- Intangible fixed assets +€5,831
new in 2025: €5,831
- Tangible fixed assets -€4,141
down €4,141 (-38.7%), from €10,703 to €6,562
of which Plant, machinery and equipment: -€2,882
- Profit (loss) carried forward -€49,986
down €49,986, from €7,909 to -€42,077
- Reserves -€25,482
down €25,482 (-33.2%), from €76,816 to €51,335
of which Distributable reserves: -€25,482
- Accrued charges and deferred income +€8,915
up €8,915 (+72,484%), from €12 to €8,928
- Tax, wage and social debts +€8,550
up €8,550 (+342%), from €2,499 to €11,049
of which Remuneration and social security: +€6,553
- Trade debts +€6,478
up €6,478 (+141%), from €4,595 to €11,073
- Gross operating margin -€95,945
down €95,945, from €50,715 to -€45,229
- Staff costs -€14,064
down €14,064 (-100%), from €14,064 to €0
- Taxes -€14,056
down €14,056, from €11,224 to -€2,833
- Other operating charges +€1,402
up €1,402 (+99.2%), from €1,413 to €2,815
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 | €128,821 | €71,989 | -€56,832 | -44.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €10,746 | €13,651 | +€2,905 | +27.0% |
| Intangible fixed assets | 21 | - | €5,831 | +€5,831 | |
| Tangible fixed assets | 22/27 | €10,703 | €6,562 | -€4,141 | -38.7% |
| Plant, machinery and equipment | 23 | €4,759 | €1,877 | -€2,882 | -60.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €5,944 | €4,685 | -€1,259 | -21.2% |
| Financial fixed assets | 28 | €43 | €1,258 | +€1,215 | +2,805% |
| Current assets | 29/58 | €118,075 | €58,338 | -€59,737 | -50.6% |
| Amounts receivable within one year | 40/41 | €22,109 | €41,421 | +€19,312 | +87.3% |
| Trade receivables | 40 | €13,085 | €31,429 | +€18,344 | +140% |
| Other amounts receivable | 41 | €9,024 | €9,992 | +€968 | +10.7% |
| Cash at bank and in hand | 54/58 | €95,218 | €15,970 | -€79,248 | -83.2% |
| Deferred charges and accrued income | 490/1 | €748 | €947 | +€199 | +26.6% |
| Total equity and liabilities | 10/49 | €128,821 | €71,989 | -€56,832 | -44.1% |
| Equity | 10/15 | €90,926 | €15,458 | -€75,467 | -83.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,816 | €51,335 | -€25,482 | -33.2% |
| Non-distributable reserves | 130/1 | €1,475 | €1,475 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,475 | €1,475 | = | 0.0% |
| Distributable reserves | 133 | €75,341 | €49,860 | -€25,482 | -33.8% |
| Profit (loss) carried forward | 14 | €7,909 | -€42,077 | -€49,986 | |
| Amounts payable | 17/49 | €37,896 | €56,531 | +€18,636 | +49.2% |
| Amounts payable within one year | 42/48 | €37,883 | €47,603 | +€9,720 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €481 | €0 | -€481 | -100% |
| Credit institutions | 430/8 | €481 | €0 | -€481 | -100% |
| Trade debts | 44 | €4,595 | €11,073 | +€6,478 | +141% |
| Suppliers | 440/4 | €4,595 | €11,073 | +€6,478 | +141% |
| Taxes, remuneration and social security | 45 | €2,499 | €11,049 | +€8,550 | +342% |
| Taxes | 450/3 | €1,844 | €3,840 | +€1,997 | +108% |
| Remuneration and social security | 454/9 | €656 | €7,209 | +€6,553 | +1,000% |
| Other amounts payable | 47/48 | €30,308 | €25,482 | -€4,827 | -15.9% |
| Accrued charges and deferred income | 492/3 | €12 | €8,928 | +€8,915 | +72,484% |
| Remuneration, social security and pensions | 62 | €14,064 | €0 | -€14,064 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,347 | €4,619 | +€272 | +6.3% |
| Other operating charges | 640/8 | €1,413 | €2,815 | +€1,402 | +99.2% |
| Gross operating margin | 9900 | €50,715 | -€45,229 | -€95,945 | |
| Operating profit (loss) | 9901 | €30,891 | -€52,662 | -€83,554 | |
| Financial income | 75/76B | €46 | €113 | +€67 | +148% |
| Recurring financial income | 75 | €46 | €113 | +€67 | +148% |
| Financial charges | 65/66B | €472 | €269 | -€203 | -43.0% |
| Recurring financial charges | 65 | €472 | €269 | -€203 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €30,465 | -€52,818 | -€83,283 | |
| Income taxes | 67/77 | €11,224 | -€2,833 | -€14,056 | |
| Profit (loss) for the period | 9904 | €19,241 | -€49,986 | -€69,227 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,241 | -€49,986 | -€69,227 |
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 24 October 2026 via checked.be.