OKIN ART: 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.
OKIN ART
Largest movements
- Cash +€186,594
up €186,594 (+20.9%), from €891,917 to €1.1m
mainly Net result for the year (+€131,060) and Depreciation (+€24,391)
- Tangible fixed assets -€24,391
down €24,391 (-4.2%), from €574,139 to €549,748
of which Land and buildings: -€23,122
- Reserves +€131,060
up €131,060 (+9.6%), from €1.4m to €1.5m
- Gross operating margin -€77,553
down €77,553 (-22.9%), from €338,427 to €260,873
- Taxes -€24,058
down €24,058 (-27.3%), from €88,012 to €63,954
- Staff costs -€5,378
down €5,378 (-13.5%), from €39,807 to €34,429
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 | €2,305,780 | €2,435,415 | +€129,635 | +5.6% |
| Fixed assets | 21/28 | €574,139 | €549,748 | -€24,391 | -4.2% |
| Tangible fixed assets | 22/27 | €574,139 | €549,748 | -€24,391 | -4.2% |
| Land and buildings | 22 | €509,310 | €486,188 | -€23,122 | -4.5% |
| Plant, machinery and equipment | 23 | €64,605 | €63,560 | -€1,045 | -1.6% |
| Furniture and vehicles | 24 | €224 | €0 | -€224 | -100% |
| Current assets | 29/58 | €1,731,641 | €1,885,667 | +€154,027 | +8.9% |
| Stocks and contracts in progress | 3 | €369,440 | €363,392 | -€6,048 | -1.6% |
| Stocks | 30/36 | €369,440 | €363,392 | -€6,048 | -1.6% |
| Amounts receivable within one year | 40/41 | €14,368 | €10,867 | -€3,501 | -24.4% |
| Trade receivables | 40 | €14,211 | €10,702 | -€3,509 | -24.7% |
| Other amounts receivable | 41 | €158 | €166 | +€8 | +5.1% |
| Current investments | 50/53 | €453,241 | €429,713 | -€23,529 | -5.2% |
| Cash at bank and in hand | 54/58 | €891,917 | €1,078,510 | +€186,594 | +20.9% |
| Deferred charges and accrued income | 490/1 | €2,674 | €3,185 | +€511 | +19.1% |
| Total equity and liabilities | 10/49 | €2,305,780 | €2,435,415 | +€129,635 | +5.6% |
| Equity | 10/15 | €2,156,659 | €2,287,719 | +€131,060 | +6.1% |
| Contributions | 10/11 | €785,500 | €785,500 | = | 0.0% |
| Reserves | 13 | €1,371,159 | €1,502,219 | +€131,060 | +9.6% |
| Distributable reserves | 133 | €1,371,159 | €1,502,219 | +€131,060 | +9.6% |
| Amounts payable | 17/49 | €149,121 | €147,696 | -€1,425 | -1.0% |
| Amounts payable within one year | 42/48 | €142,614 | €139,697 | -€2,916 | -2.0% |
| Trade debts | 44 | €3,481 | €5,502 | +€2,021 | +58.1% |
| Suppliers | 440/4 | €3,481 | €5,502 | +€2,021 | +58.1% |
| Taxes, remuneration and social security | 45 | €29,103 | €20,876 | -€8,227 | -28.3% |
| Taxes | 450/3 | €25,055 | €14,378 | -€10,677 | -42.6% |
| Remuneration and social security | 454/9 | €4,048 | €6,498 | +€2,450 | +60.5% |
| Other amounts payable | 47/48 | €110,030 | €113,319 | +€3,289 | +3.0% |
| Accrued charges and deferred income | 492/3 | €6,507 | €7,999 | +€1,491 | +22.9% |
| Non-recurring operating income | 76A | €49,257 | €0 | -€49,257 | -100% |
| Remuneration, social security and pensions | 62 | €39,807 | €34,429 | -€5,378 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,930 | €24,391 | -€539 | -2.2% |
| Other operating charges | 640/8 | €3,084 | €3,301 | +€217 | +7.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €338,427 | €260,873 | -€77,553 | -22.9% |
| Operating profit (loss) | 9901 | €270,605 | €198,752 | -€71,853 | -26.6% |
| Financial income | 75/76B | €6,812 | €6,254 | -€558 | -8.2% |
| Recurring financial income | 75 | €6,812 | €6,254 | -€558 | -8.2% |
| Financial charges | 65/66B | €7,788 | €9,992 | +€2,203 | +28.3% |
| Recurring financial charges | 65 | €7,788 | €9,992 | +€2,203 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | €269,629 | €195,014 | -€74,615 | -27.7% |
| Income taxes | 67/77 | €88,012 | €63,954 | -€24,058 | -27.3% |
| Profit (loss) for the period | 9904 | €181,617 | €131,060 | -€50,557 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €181,617 | €131,060 | -€50,557 | -27.8% |
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 22 October 2026 via checked.be.