OKISWITCH: 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.
OKISWITCH
Largest movements
- Receivables within one year -€196,799
down €196,799 (-37.9%), from €519,250 to €322,451
of which Trade receivables: -€166,641
- Cash +€170,794
up €170,794 (+66.3%), from €257,641 to €428,435
- Tangible fixed assets -€26,638
down €26,638 (-28.8%), from €92,448 to €65,810
of which Plant, machinery and equipment: -€32,483
- Trade debts -€116,022
down €116,022 (-43.0%), from €269,976 to €153,954
- Tax, wage and social debts +€71,475
up €71,475 (+63.7%), from €112,290 to €183,765
of which Taxes: +€54,653
- Profit (loss) carried forward -€52,056
down €52,056 (-16.4%), from €317,605 to €265,549
- Other debts +€44,928
up €44,928 (+17.2%), from €261,780 to €306,708
- Turnover +€2.6m
new in 2025: €2.6m
- Purchases and services +€2.1m
new in 2025: €2.1m
- Staff costs +€118,463
new in 2025: €118,463
- Gross operating margin -€54,102
down €54,102 (-9.2%), from €590,376 to €536,274
- Taxes -€39,223
down €39,223 (-27.3%), from €143,486 to €104,263
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €969,711 | €918,036 | -€51,675 | -5.3% |
| Fixed assets | 21/28 | €92,448 | €66,206 | -€26,242 | -28.4% |
| Tangible fixed assets | 22/27 | €92,448 | €65,810 | -€26,638 | -28.8% |
| Plant, machinery and equipment | 23 | €61,146 | €28,663 | -€32,483 | -53.1% |
| Furniture and vehicles | 24 | €17,593 | €3,521 | -€14,072 | -80.0% |
| Other tangible fixed assets | 26 | €13,709 | €33,626 | +€19,917 | +145% |
| Financial fixed assets | 28 | - | €396 | +€396 | |
| Current assets | 29/58 | €877,263 | €851,830 | -€25,433 | -2.9% |
| Amounts receivable within one year | 40/41 | €519,250 | €322,451 | -€196,799 | -37.9% |
| Trade receivables | 40 | €489,093 | €322,451 | -€166,641 | -34.1% |
| Other amounts receivable | 41 | €30,157 | - | -€30,157 | |
| Current investments | 50/53 | €100,371 | €100,944 | +€573 | +0.6% |
| Cash at bank and in hand | 54/58 | €257,641 | €428,435 | +€170,794 | +66.3% |
| Total equity and liabilities | 10/49 | €969,711 | €918,036 | -€51,675 | -5.3% |
| Equity | 10/15 | €325,665 | €273,609 | -€52,056 | -16.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €317,605 | €265,549 | -€52,056 | -16.4% |
| Amounts payable | 17/49 | €644,046 | €644,427 | +€381 | +0.1% |
| Amounts payable within one year | 42/48 | €644,046 | €644,427 | +€381 | +0.1% |
| Trade debts | 44 | €269,976 | €153,954 | -€116,022 | -43.0% |
| Suppliers | 440/4 | €269,976 | €153,954 | -€116,022 | -43.0% |
| Taxes, remuneration and social security | 45 | €112,290 | €183,765 | +€71,475 | +63.7% |
| Taxes | 450/3 | €112,290 | €166,943 | +€54,653 | +48.7% |
| Remuneration and social security | 454/9 | - | €16,822 | +€16,822 | |
| Other amounts payable | 47/48 | €261,780 | €306,708 | +€44,928 | +17.2% |
| Turnover | 70 | - | €2,590,145 | +€2.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,098,929 | +€2.1m | |
| Remuneration, social security and pensions | 62 | - | €118,463 | +€118,463 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,036 | €61,554 | +€1,518 | +2.5% |
| Other operating charges | 640/8 | €1,129 | €1,163 | +€34 | +3.0% |
| Gross operating margin | 9900 | €590,376 | €536,274 | -€54,102 | -9.2% |
| Operating profit (loss) | 9901 | €529,211 | €355,095 | -€174,116 | -32.9% |
| Financial income | 75/76B | €1,338 | €0 | -€1,338 | -100.0% |
| Recurring financial income | 75 | €1,338 | €0 | -€1,338 | -100.0% |
| Financial charges | 65/66B | -€10,333 | €2,888 | +€13,221 | |
| Recurring financial charges | 65 | -€10,333 | €2,888 | +€13,221 | |
| Profit (loss) for the period before taxes | 9903 | €540,882 | €352,206 | -€188,676 | -34.9% |
| Income taxes | 67/77 | €143,486 | €104,263 | -€39,223 | -27.3% |
| Profit (loss) for the period | 9904 | €397,396 | €247,944 | -€149,452 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €397,396 | €247,944 | -€149,452 | -37.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.