Oqcam: 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.
Oqcam
Largest movements
- Cash -€154,389
down €154,389 (-36.5%), from €423,278 to €268,888
mainly Net result for the year (-€530,005) and Receivables within one year (-€115,701)
- Receivables within one year +€115,701
up €115,701 (+48.1%), from €240,444 to €356,146
of which Trade receivables: +€121,119
- Deferred charges and accrued income -€15,984
down €15,984 (-62.9%), from €25,410 to €9,425
- Profit (loss) carried forward -€530,005
down €530,005 (-59.4%), from -€892,854 to -€1.4m
- Accrued charges and deferred income +€275,058
up €275,058 (+36.1%), from €762,430 to €1.0m
- Contributions +€200,000
up €200,000 (+33.3%), from €600,000 to €800,000
- Tax, wage and social debts +€31,415
up €31,415 (+66.5%), from €47,228 to €78,642
of which Remuneration and social security: +€25,647
- Trade debts -€24,919
down €24,919 (-12.9%), from €192,947 to €168,028
- Gross operating margin +€705,146
up €705,146, from -€58,606 to €646,540
- Staff costs +€303,109
up €303,109 (+36.4%), from €832,118 to €1.1m
- Financial charges +€29,929
up €29,929 (+382.9%), from €7,816 to €37,745
- Write-downs +€15,240
new in 2025: €15,240
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.
Cash bridge derived
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 | €710,537 | €663,109 | -€47,428 | -6.7% |
| Fixed assets | 21/28 | €21,406 | €28,650 | +€7,244 | +33.8% |
| Tangible fixed assets | 22/27 | - | €4,862 | +€4,862 | |
| Furniture and vehicles | 24 | - | €4,862 | +€4,862 | |
| Financial fixed assets | 28 | €21,406 | €23,788 | +€2,383 | +11.1% |
| Current assets | 29/58 | €689,132 | €634,459 | -€54,672 | -7.9% |
| Amounts receivable within one year | 40/41 | €240,444 | €356,146 | +€115,701 | +48.1% |
| Trade receivables | 40 | €228,139 | €349,258 | +€121,119 | +53.1% |
| Other amounts receivable | 41 | €12,306 | €6,888 | -€5,418 | -44.0% |
| Cash at bank and in hand | 54/58 | €423,278 | €268,888 | -€154,389 | -36.5% |
| Deferred charges and accrued income | 490/1 | €25,410 | €9,425 | -€15,984 | -62.9% |
| Total equity and liabilities | 10/49 | €710,537 | €663,109 | -€47,428 | -6.7% |
| Equity | 10/15 | -€292,854 | -€622,859 | -€330,005 | -112.7% |
| Contributions | 10/11 | €600,000 | €800,000 | +€200,000 | +33.3% |
| Profit (loss) carried forward | 14 | -€892,854 | -€1,422,859 | -€530,005 | -59.4% |
| Amounts payable | 17/49 | €1,003,392 | €1,285,968 | +€282,577 | +28.2% |
| Amounts payable within one year | 42/48 | €240,961 | €248,480 | +€7,519 | +3.1% |
| Financial debts | 43 | €786 | €1,810 | +€1,024 | +130.2% |
| Credit institutions | 430/8 | €786 | €1,810 | +€1,024 | +130.2% |
| Trade debts | 44 | €192,947 | €168,028 | -€24,919 | -12.9% |
| Suppliers | 440/4 | €192,947 | €168,028 | -€24,919 | -12.9% |
| Taxes, remuneration and social security | 45 | €47,228 | €78,642 | +€31,415 | +66.5% |
| Taxes | 450/3 | €140 | €5,907 | +€5,767 | +4129.9% |
| Remuneration and social security | 454/9 | €47,088 | €72,735 | +€25,647 | +54.5% |
| Accrued charges and deferred income | 492/3 | €762,430 | €1,037,488 | +€275,058 | +36.1% |
| Remuneration, social security and pensions | 62 | €832,118 | €1,135,227 | +€303,109 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €750 | +€750 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,240 | +€15,240 | |
| Other operating charges | 640/8 | €885 | €46 | -€839 | -94.8% |
| Gross operating margin | 9900 | -€58,606 | €646,540 | +€705,146 | |
| Operating profit (loss) | 9901 | -€891,608 | -€504,722 | +€386,886 | +43.4% |
| Financial income | 75/76B | €6,710 | €12,816 | +€6,106 | +91.0% |
| Recurring financial income | 75 | €6,710 | €12,816 | +€6,106 | +91.0% |
| Financial charges | 65/66B | €7,816 | €37,745 | +€29,929 | +382.9% |
| Recurring financial charges | 65 | €7,816 | €37,745 | +€29,929 | +382.9% |
| Profit (loss) for the period before taxes | 9903 | -€892,715 | -€529,652 | +€363,063 | +40.7% |
| Income taxes | 67/77 | €140 | €353 | +€213 | +152.7% |
| Profit (loss) for the period | 9904 | -€892,854 | -€530,005 | +€362,850 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€892,854 | -€530,005 | +€362,850 | +40.6% |
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 10 October 2026 via checked.be.