OKIPIO MANAGEMENT: 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.
OKIPIO MANAGEMENT
Largest movements
- Cash -€70,007
down €70,007 (-25.9%), from €270,258 to €200,251
mainly Investment in fixed assets (net) (-€59,706) and Net result for the year (-€56,300)
- Financial fixed assets +€69,050
up €69,050 (+83.1%), from €83,113 to €152,163
- Receivables within one year -€47,599
down €47,599 (-59.6%), from €79,878 to €32,279
of which Other amounts receivable: -€71,711
- Current investments -€19,050
no longer reported in 2026 (was €19,050)
- Tangible fixed assets -€16,865
down €16,865 (-37.4%), from €45,137 to €28,272
of which Furniture and vehicles: -€11,921
- Profit (loss) carried forward -€56,300
down €56,300 (-53.8%), from €104,639 to €48,339
- Reserves -€31,842
down €31,842 (-9.2%), from €345,394 to €313,552
of which Distributable reserves: -€31,842
- Other debts +€27,889
up €27,889 (+389%), from €7,166 to €35,055
- Trade debts -€26,080
down €26,080 (-96.8%), from €26,947 to €867
- Gross operating margin -€104,501
down €104,501, from €58,078 to -€46,423
- Depreciation -€11,067
down €11,067 (-59.5%), from €18,588 to €7,521
- Other operating charges -€10,299
down €10,299 (-96.3%), from €10,699 to €400
- Taxes -€6,485
no longer reported in 2026 (was €6,485)
- Financial income -€2,213
down €2,213 (-99.9%), from €2,214 to €1
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €501,335 | €413,094 | -€88,241 | -17.6% |
| Fixed assets | 21/28 | €128,249 | €180,434 | +€52,185 | +40.7% |
| Tangible fixed assets | 22/27 | €45,137 | €28,272 | -€16,865 | -37.4% |
| Furniture and vehicles | 24 | €19,182 | €7,261 | -€11,921 | -62.1% |
| Other tangible fixed assets | 26 | €25,955 | €21,011 | -€4,944 | -19.0% |
| Financial fixed assets | 28 | €83,113 | €152,163 | +€69,050 | +83.1% |
| Current assets | 29/58 | €373,086 | €232,660 | -€140,426 | -37.6% |
| Amounts receivable after more than one year | 29 | €2,234 | - | -€2,234 | |
| Other amounts receivable | 291 | €2,234 | - | -€2,234 | |
| Amounts receivable within one year | 40/41 | €79,878 | €32,279 | -€47,599 | -59.6% |
| Trade receivables | 40 | €8,167 | €32,279 | +€24,112 | +295% |
| Other amounts receivable | 41 | €71,711 | - | -€71,711 | |
| Current investments | 50/53 | €19,050 | - | -€19,050 | |
| Cash at bank and in hand | 54/58 | €270,258 | €200,251 | -€70,007 | -25.9% |
| Deferred charges and accrued income | 490/1 | €1,666 | €130 | -€1,535 | -92.2% |
| Total equity and liabilities | 10/49 | €501,335 | €413,094 | -€88,241 | -17.6% |
| Equity | 10/15 | €462,433 | €374,291 | -€88,142 | -19.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €345,394 | €313,552 | -€31,842 | -9.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €343,534 | €311,692 | -€31,842 | -9.3% |
| Profit (loss) carried forward | 14 | €104,639 | €48,339 | -€56,300 | -53.8% |
| Amounts payable | 17/49 | €38,902 | €38,803 | -€99 | -0.3% |
| Amounts payable within one year | 42/48 | €38,902 | €38,803 | -€99 | -0.3% |
| Trade debts | 44 | €26,947 | €867 | -€26,080 | -96.8% |
| Suppliers | 440/4 | €26,947 | €867 | -€26,080 | -96.8% |
| Taxes, remuneration and social security | 45 | €4,789 | €2,882 | -€1,908 | -39.8% |
| Taxes | 450/3 | - | €726 | +€726 | |
| Remuneration and social security | 454/9 | €4,789 | €2,156 | -€2,633 | -55.0% |
| Other amounts payable | 47/48 | €7,166 | €35,055 | +€27,889 | +389% |
| Non-recurring operating income | 76A | - | €12,565 | +€12,565 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,588 | €7,521 | -€11,067 | -59.5% |
| Other operating charges | 640/8 | €10,699 | €400 | -€10,299 | -96.3% |
| Non-recurring operating charges | 66A | €56 | €269 | +€213 | +382% |
| Gross operating margin | 9900 | €58,078 | -€46,423 | -€104,501 | |
| Operating profit (loss) | 9901 | €28,735 | -€54,613 | -€83,348 | |
| Financial income | 75/76B | €2,214 | €1 | -€2,213 | -99.9% |
| Recurring financial income | 75 | €2,214 | €1 | -€2,213 | -99.9% |
| Financial charges | 65/66B | €423 | €1,688 | +€1,264 | +299% |
| Recurring financial charges | 65 | €423 | €1,688 | +€1,264 | +299% |
| Profit (loss) for the period before taxes | 9903 | €30,526 | -€56,300 | -€86,826 | |
| Income taxes | 67/77 | €6,485 | - | -€6,485 | |
| Profit (loss) for the period | 9904 | €24,041 | -€56,300 | -€80,341 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,041 | -€56,300 | -€80,341 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.