Omkar Kulkarni: what changed
Omkar Kulkarni
Largest movements
- Cash +€75,858
up €75,858 (+233%), from €32,590 to €108,448
mainly Net result for the year (+€91,246) and Tax, wage and social debts (+€36,709)
- Receivables within one year +€48,043
new in 2025: €48,043
of which Other amounts receivable: +€40,824
- Reserves +€91,246
up €91,246 (+795%), from €11,474 to €102,721
- Tax, wage and social debts +€36,709
up €36,709 (+364%), from €10,074 to €46,783
of which Taxes: +€36,575
- Trade debts -€2,985
down €2,985 (-75.1%), from €3,973 to €988
- Gross operating margin +€101,803
up €101,803 (+696%), from €14,633 to €116,436
- Taxes +€21,903
up €21,903 (+696%), from €3,147 to €25,050
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,590 | €156,491 | +€123,901 | +380% |
| Current assets | 29/58 | €32,590 | €156,491 | +€123,901 | +380% |
| Amounts receivable within one year | 40/41 | - | €48,043 | +€48,043 | |
| Trade receivables | 40 | - | €7,219 | +€7,219 | |
| Other amounts receivable | 41 | - | €40,824 | +€40,824 | |
| Cash at bank and in hand | 54/58 | €32,590 | €108,448 | +€75,858 | +233% |
| Total equity and liabilities | 10/49 | €32,590 | €156,491 | +€123,901 | +380% |
| Equity | 10/15 | €17,474 | €108,721 | +€91,246 | +522% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €11,474 | €102,721 | +€91,246 | +795% |
| Distributable reserves | 133 | €11,474 | €102,721 | +€91,246 | +795% |
| Amounts payable | 17/49 | €15,116 | €47,770 | +€32,655 | +216% |
| Amounts payable within one year | 42/48 | €15,116 | €47,770 | +€32,655 | +216% |
| Trade debts | 44 | €3,973 | €988 | -€2,985 | -75.1% |
| Suppliers | 440/4 | €3,973 | €988 | -€2,985 | -75.1% |
| Taxes, remuneration and social security | 45 | €10,074 | €46,783 | +€36,709 | +364% |
| Taxes | 450/3 | €10,074 | €46,649 | +€36,575 | +363% |
| Remuneration and social security | 454/9 | - | €134 | +€134 | |
| Other amounts payable | 47/48 | €1,069 | €0 | -€1,069 | -100% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €14,633 | €116,436 | +€101,803 | +696% |
| Operating profit (loss) | 9901 | €14,633 | €116,316 | +€101,683 | +695% |
| Financial income | 75/76B | - | €817 | +€817 | |
| Recurring financial income | 75 | - | €817 | +€817 | |
| Financial charges | 65/66B | €13 | €837 | +€825 | +6,587% |
| Recurring financial charges | 65 | €13 | €837 | +€825 | +6,587% |
| Profit (loss) for the period before taxes | 9903 | €14,621 | €116,296 | +€101,675 | +695% |
| Income taxes | 67/77 | €3,147 | €25,050 | +€21,903 | +696% |
| Profit (loss) for the period | 9904 | €11,474 | €91,246 | +€79,772 | +695% |
| Profit (loss) for the period to be appropriated | 9905 | €11,474 | €91,246 | +€79,772 | +695% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.