Okser: 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.
Okser
Largest movements
- Current investments -€716,357
down €716,357 (-44.8%), from €1.6m to €883,643
- Cash +€487,399
up €487,399 (+1,490%), from €32,713 to €520,112
mainly Current investments (+€716,357) and Net result for the year (+€59,901)
- Tangible fixed assets +€103,939
new in 2025: €103,939
of which Furniture and vehicles: +€65,959
- Stocks and contracts +€45,250
new in 2025: €45,250
- Receivables within one year -€21,993
down €21,993 (-60.6%), from €36,300 to €14,307
of which Trade receivables: -€30,414
- Other debts -€159,038
no longer reported in 2025 (was €159,038)
- Reserves +€59,901
up €59,901 (+4.0%), from €1.5m to €1.6m
- Financial income -€1.5m
down €1.5m (-98.7%), from €1.5m to €19,559
of which Non-recurring financial income: -€1.5m
- Gross operating margin +€54,587
up €54,587 (+181%), from €30,151 to €84,738
- Financial charges -€25,332
down €25,332 (-99.2%), from €25,537 to €205
- Taxes +€20,492
up €20,492 (+418%), from €4,900 to €25,392
- Depreciation +€11,506
up €11,506 (+169%), from €6,820 to €18,326
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 | €1,697,430 | €1,588,849 | -€108,581 | -6.4% |
| Formation expenses | 20 | €28,417 | €21,597 | -€6,820 | -24.0% |
| Fixed assets | 21/28 | - | €103,939 | +€103,939 | |
| Tangible fixed assets | 22/27 | - | €103,939 | +€103,939 | |
| Land and buildings | 22 | - | €37,980 | +€37,980 | |
| Furniture and vehicles | 24 | - | €65,959 | +€65,959 | |
| Current assets | 29/58 | €1,669,013 | €1,463,313 | -€205,700 | -12.3% |
| Stocks and contracts in progress | 3 | - | €45,250 | +€45,250 | |
| Stocks | 30/36 | - | €45,250 | +€45,250 | |
| Amounts receivable within one year | 40/41 | €36,300 | €14,307 | -€21,993 | -60.6% |
| Trade receivables | 40 | €36,300 | €5,886 | -€30,414 | -83.8% |
| Other amounts receivable | 41 | - | €8,421 | +€8,421 | |
| Current investments | 50/53 | €1,600,000 | €883,643 | -€716,357 | -44.8% |
| Cash at bank and in hand | 54/58 | €32,713 | €520,112 | +€487,399 | +1,490% |
| Total equity and liabilities | 10/49 | €1,697,430 | €1,588,849 | -€108,581 | -6.4% |
| Equity | 10/15 | €1,525,724 | €1,585,625 | +€59,901 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,507,124 | €1,567,025 | +€59,901 | +4.0% |
| Distributable reserves | 133 | €1,507,124 | €1,567,025 | +€59,901 | +4.0% |
| Amounts payable | 17/49 | €171,706 | €3,224 | -€168,481 | -98.1% |
| Amounts payable within one year | 42/48 | €171,706 | €3,224 | -€168,481 | -98.1% |
| Trade debts | 44 | €126 | €1,743 | +€1,617 | +1,283% |
| Suppliers | 440/4 | €126 | €1,743 | +€1,617 | +1,283% |
| Taxes, remuneration and social security | 45 | €12,542 | €1,481 | -€11,061 | -88.2% |
| Taxes | 450/3 | €12,542 | €1,481 | -€11,061 | -88.2% |
| Other amounts payable | 47/48 | €159,038 | - | -€159,038 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,820 | €18,326 | +€11,506 | +169% |
| Other operating charges | 640/8 | €126 | €474 | +€348 | +276% |
| Gross operating margin | 9900 | €30,151 | €84,738 | +€54,587 | +181% |
| Operating profit (loss) | 9901 | €23,205 | €65,938 | +€42,733 | +184% |
| Financial income | 75/76B | €1,481,258 | €19,559 | -€1.5m | -98.7% |
| Recurring financial income | 75 | €16,334 | €19,559 | +€3,226 | +19.7% |
| Non-recurring financial income | 76B | €1,464,924 | - | -€1.5m | |
| Financial charges | 65/66B | €25,537 | €205 | -€25,332 | -99.2% |
| Recurring financial charges | 65 | €25,537 | €205 | -€25,332 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €1,478,925 | €85,293 | -€1.4m | -94.2% |
| Income taxes | 67/77 | €4,900 | €25,392 | +€20,492 | +418% |
| Profit (loss) for the period | 9904 | €1,474,025 | €59,901 | -€1.4m | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,474,025 | €59,901 | -€1.4m | -95.9% |
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 28 October 2026 via checked.be.