OKINAHA: 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.
OKINAHA
Largest movements
- Cash -€16,663
down €16,663 (-46.0%), from €36,197 to €19,534
mainly Trade debts (-€52,363) and Other debts (-€21,000)
- Stocks and contracts -€9,041
down €9,041 (-5.3%), from €170,546 to €161,505
- Trade debts -€52,363
down €52,363 (-62.4%), from €83,946 to €31,583
- Profit (loss) carried forward +€40,745
up €40,745 (+22.1%), from -€184,530 to -€143,785
- Other debts -€21,000
down €21,000 (-45.7%), from €46,000 to €25,000
- Tax, wage and social debts +€4,540
up €4,540 (+23.9%), from €19,035 to €23,575
of which Remuneration and social security: +€3,064
- Gross operating margin +€50,317
up €50,317 (+42.1%), from €119,379 to €169,696
- Staff costs -€10,340
down €10,340 (-7.8%), from €132,630 to €122,290
- Financial charges -€3,701
down €3,701 (-59.0%), from €6,269 to €2,568
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,450 | €188,372 | -€28,078 | -13.0% |
| Fixed assets | 21/28 | €6,126 | €4,952 | -€1,174 | -19.2% |
| Intangible fixed assets | 21 | €3,719 | €2,839 | -€880 | -23.7% |
| Tangible fixed assets | 22/27 | €1,233 | €938 | -€294 | -23.9% |
| Furniture and vehicles | 24 | €1,233 | €938 | -€294 | -23.9% |
| Financial fixed assets | 28 | €1,175 | €1,175 | = | 0.0% |
| Current assets | 29/58 | €210,324 | €183,420 | -€26,904 | -12.8% |
| Stocks and contracts in progress | 3 | €170,546 | €161,505 | -€9,041 | -5.3% |
| Stocks | 30/36 | €170,546 | €161,505 | -€9,041 | -5.3% |
| Amounts receivable within one year | 40/41 | €476 | - | -€476 | |
| Trade receivables | 40 | €476 | - | -€476 | |
| Current investments | 50/53 | €1,944 | €1,944 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,197 | €19,534 | -€16,663 | -46.0% |
| Deferred charges and accrued income | 490/1 | €1,161 | €437 | -€724 | -62.3% |
| Total equity and liabilities | 10/49 | €216,450 | €188,372 | -€28,078 | -13.0% |
| Equity | 10/15 | €67,470 | €108,215 | +€40,745 | +60.4% |
| Contributions | 10/11 | €252,000 | €252,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,530 | -€143,785 | +€40,745 | +22.1% |
| Amounts payable | 17/49 | €148,981 | €80,157 | -€68,823 | -46.2% |
| Amounts payable within one year | 42/48 | €148,981 | €80,157 | -€68,823 | -46.2% |
| Trade debts | 44 | €83,946 | €31,583 | -€52,363 | -62.4% |
| Suppliers | 440/4 | €83,946 | €31,583 | -€52,363 | -62.4% |
| Taxes, remuneration and social security | 45 | €19,035 | €23,575 | +€4,540 | +23.9% |
| Taxes | 450/3 | €4,332 | €5,808 | +€1,475 | +34.1% |
| Remuneration and social security | 454/9 | €14,703 | €17,767 | +€3,064 | +20.8% |
| Other amounts payable | 47/48 | €46,000 | €25,000 | -€21,000 | -45.7% |
| Remuneration, social security and pensions | 62 | €132,630 | €122,290 | -€10,340 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €994 | €1,174 | +€181 | +18.2% |
| Other operating charges | 640/8 | €3,727 | €3,841 | +€114 | +3.0% |
| Gross operating margin | 9900 | €119,379 | €169,696 | +€50,317 | +42.1% |
| Operating profit (loss) | 9901 | -€17,972 | €42,391 | +€60,363 | |
| Financial income | 75/76B | - | €765 | +€765 | |
| Recurring financial income | 75 | - | €765 | +€765 | |
| Financial charges | 65/66B | €6,269 | €2,568 | -€3,701 | -59.0% |
| Recurring financial charges | 65 | €6,269 | €2,568 | -€3,701 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | -€24,240 | €40,588 | +€64,828 | |
| Profit (loss) for the period | 9904 | -€24,240 | €40,588 | +€64,828 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,240 | €40,588 | +€64,828 |
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 2 October 2026 via checked.be.