OKOTECH BELUX: 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.
What changed
OKOTECH BELUX
NACE 46.842, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€11,262
2024 · -€11,550+€288
Equity
€222,464
2024 · €245,038-€22,574
Cash
€11,570
2024 · €4,022+€7,548
Balance sheet total
€978,198
2024 · €1.2m-€248,422
Largest movements
Assets
- Receivables within one year -€241,761
down €241,761 (-49.8%), from €485,086 to €243,325
of which Trade receivables: -€272,782
- Tangible fixed assets -€36,846
down €36,846 (-7.5%), from €490,113 to €453,267
of which Land and buildings: -€27,163
- Stocks and contracts +€22,286
up €22,286 (+9.1%), from €246,050 to €268,336
of which Stocks: +€37,286
Equity and liabilities
- Trade debts -€233,983
down €233,983 (-50.6%), from €462,142 to €228,159
- Current portion of long-term debt +€15,154
up €15,154 (+27.6%), from €54,840 to €69,994
Income statement
- Other operating charges +€30,362
up €30,362 (+480%), from €6,327 to €36,689
- Financial income +€19,613
up €19,613 (+96.4%), from €20,347 to €39,960
- Gross operating margin +€18,931
up €18,931 (+13.4%), from €140,938 to €159,869
- Depreciation +€8,475
up €8,475 (+14.8%), from €57,121 to €65,596
- Financial charges -€2,561
down €2,561 (-6.5%), from €39,532 to €36,970
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.
Result 2024
-€11,550
Gross operating margin
+€18,931
Staff costs
-€1,980
Depreciation
-€8,475
Other operating charges
-€30,362
Financial income
+€19,613
Financial charges
+€2,561
Result 2025
-€11,262
raises the resultlowers the result
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.
From operations
+€40,469
Investment
-€28,750
Financing
-€4,171
Cash 2024
€4,022
From operations (derived)
+€40,469
Net result for the year
-€11,262
Depreciation
+€65,596
Stocks and contracts
-€22,286
Receivables within one year
+€241,761
Smaller working-capital items
-€490
Trade debts
-€233,983
Tax, wage and social debts
+€2,669
Other debts
-€1,535
Investment (derived)
-€28,750
Investment in fixed assets (net)
-€28,750
Financing
-€4,171
Debts after one year
-€11,863
Current portion of long-term debt
+€15,154
Short-term financial debts
+€3,850
Contributions, distributions and other
-€11,312
Cash 2025
€11,570
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,226,620 | €978,198 | -€248,422 | -20.3% |
| Fixed assets | 21/28 | €490,248 | €453,402 | -€36,846 | -7.5% |
| Tangible fixed assets | 22/27 | €490,113 | €453,267 | -€36,846 | -7.5% |
| Land and buildings | 22 | €439,277 | €412,115 | -€27,163 | -6.2% |
| Plant, machinery and equipment | 23 | €5,104 | €3,431 | -€1,672 | -32.8% |
| Furniture and vehicles | 24 | €45,732 | €37,721 | -€8,011 | -17.5% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €736,372 | €524,796 | -€211,576 | -28.7% |
| Stocks and contracts in progress | 3 | €246,050 | €268,336 | +€22,286 | +9.1% |
| Stocks | 30/36 | €224,050 | €261,336 | +€37,286 | +16.6% |
| Contracts in progress | 37 | €22,000 | €7,000 | -€15,000 | -68.2% |
| Amounts receivable within one year | 40/41 | €485,086 | €243,325 | -€241,761 | -49.8% |
| Trade receivables | 40 | €471,250 | €198,469 | -€272,782 | -57.9% |
| Other amounts receivable | 41 | €13,835 | €44,856 | +€31,021 | +224% |
| Cash at bank and in hand | 54/58 | €4,022 | €11,570 | +€7,548 | +188% |
| Deferred charges and accrued income | 490/1 | €1,214 | €1,565 | +€350 | +28.9% |
| Total equity and liabilities | 10/49 | €1,226,620 | €978,198 | -€248,422 | -20.3% |
| Equity | 10/15 | €245,038 | €222,464 | -€22,574 | -9.2% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €175,000 | +€175,000 | |
| Other | 1109/19 | - | €175,000 | +€175,000 | |
| Reserves | 13 | €2,819 | €2,819 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,819 | €2,819 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,819 | €2,819 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,396 | €10,135 | -€11,262 | -52.6% |
| Investment grants | 15 | €45,823 | €34,511 | -€11,312 | -24.7% |
| Amounts payable | 17/49 | €981,582 | €755,734 | -€225,848 | -23.0% |
| Amounts payable after more than one year | 17 | €190,525 | €178,662 | -€11,863 | -6.2% |
| Financial debts | 170/4 | €190,525 | €178,662 | -€11,863 | -6.2% |
| Amounts payable within one year | 42/48 | €789,495 | €575,650 | -€213,845 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €54,840 | €69,994 | +€15,154 | +27.6% |
| Financial debts | 43 | €251,086 | €254,936 | +€3,850 | +1.5% |
| Credit institutions | 430/8 | €251,086 | €24,936 | -€226,150 | -90.1% |
| Other loans | 439 | - | €230,000 | +€230,000 | |
| Trade debts | 44 | €462,142 | €228,159 | -€233,983 | -50.6% |
| Suppliers | 440/4 | €462,142 | €228,159 | -€233,983 | -50.6% |
| Taxes, remuneration and social security | 45 | €19,593 | €22,262 | +€2,669 | +13.6% |
| Taxes | 450/3 | €3,609 | €3,908 | +€299 | +8.3% |
| Remuneration and social security | 454/9 | €15,984 | €18,354 | +€2,369 | +14.8% |
| Other amounts payable | 47/48 | €1,835 | €300 | -€1,535 | -83.7% |
| Accrued charges and deferred income | 492/3 | €1,562 | €1,422 | -€140 | -9.0% |
| Remuneration, social security and pensions | 62 | €69,855 | €71,835 | +€1,980 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,121 | €65,596 | +€8,475 | +14.8% |
| Other operating charges | 640/8 | €6,327 | €36,689 | +€30,362 | +480% |
| Gross operating margin | 9900 | €140,938 | €159,869 | +€18,931 | +13.4% |
| Operating profit (loss) | 9901 | €7,635 | -€14,252 | -€21,886 | |
| Financial income | 75/76B | €20,347 | €39,960 | +€19,613 | +96.4% |
| Recurring financial income | 75 | €20,347 | €39,960 | +€19,613 | +96.4% |
| Financial charges | 65/66B | €39,532 | €36,970 | -€2,561 | -6.5% |
| Recurring financial charges | 65 | €39,532 | €36,970 | -€2,561 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,550 | -€11,262 | +€288 | +2.5% |
| Profit (loss) for the period | 9904 | -€11,550 | -€11,262 | +€288 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,550 | -€11,262 | +€288 | +2.5% |
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 30 October 2026 via checked.be.