Okeyn: 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
Okeyn
NACE 46.190, Agents in non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€39,429
2024 · €12,316+€27,113
Equity
€337,864
2024 · €298,435+€39,429
Cash
€12,368
2024 · €10,586+€1,782
Balance sheet total
€508,423
2024 · €515,186-€6,764
Largest movements
Assets
- Tangible fixed assets -€13,867
down €13,867 (-3.3%), from €421,219 to €407,352
of which Land and buildings: -€14,143
Equity and liabilities
- Profit (loss) carried forward +€39,429
up €39,429 (+24.0%), from €164,228 to €203,657
- Debts after one year -€36,068
down €36,068 (-23.7%), from €151,881 to €115,813
- Other debts -€8,842
down €8,842 (-38.3%), from €23,055 to €14,214
Income statement
- Gross operating margin +€26,058
up €26,058 (+67.2%), from €38,775 to €64,833
- Financial charges -€696
down €696 (-10.5%), from €6,663 to €5,966
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
€12,316
Gross operating margin
+€26,058
Staff costs
+€480
Depreciation
-€499
Other operating charges
+€380
Financial income
+€1
Financial charges
+€696
Taxes
-€4
Result 2025
€39,429
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
+€39,242
Investment
-€2,427
Financing
-€35,033
Cash 2024
€10,586
From operations (derived)
+€39,242
Net result for the year
+€39,429
Depreciation
+€16,644
Receivables within one year
-€4,859
Deferred charges and accrued income
-€813
Trade debts
-€858
Tax, wage and social debts
-€3,055
Other debts
-€8,842
Accrued charges and deferred income
+€1,595
Investment (derived)
-€2,427
Investment in fixed assets (net)
-€2,427
Financing
-€35,033
Debts after one year
-€36,068
Current portion of long-term debt
+€1,035
Cash 2025
€12,368
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €515,186 | €508,423 | -€6,764 | -1.3% |
| Fixed assets | 21/28 | €504,234 | €490,017 | -€14,217 | -2.8% |
| Tangible fixed assets | 22/27 | €421,219 | €407,352 | -€13,867 | -3.3% |
| Land and buildings | 22 | €415,966 | €401,823 | -€14,143 | -3.4% |
| Furniture and vehicles | 24 | €386 | €184 | -€203 | -52.5% |
| Other tangible fixed assets | 26 | €4,867 | €5,346 | +€479 | +9.8% |
| Financial fixed assets | 28 | €83,015 | €82,665 | -€350 | -0.4% |
| Current assets | 29/58 | €10,952 | €18,405 | +€7,453 | +68.1% |
| Amounts receivable within one year | 40/41 | €0 | €4,859 | +€4,859 | +3,737,462% |
| Trade receivables | 40 | €0 | €4,859 | +€4,859 | +3,737,462% |
| Cash at bank and in hand | 54/58 | €10,586 | €12,368 | +€1,782 | +16.8% |
| Deferred charges and accrued income | 490/1 | €366 | €1,179 | +€813 | +222% |
| Total equity and liabilities | 10/49 | €515,186 | €508,423 | -€6,764 | -1.3% |
| Equity | 10/15 | €298,435 | €337,864 | +€39,429 | +13.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €121,807 | €121,807 | = | 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% |
| Distributable reserves | 133 | €119,947 | €119,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,228 | €203,657 | +€39,429 | +24.0% |
| Amounts payable | 17/49 | €216,752 | €170,559 | -€46,193 | -21.3% |
| Amounts payable after more than one year | 17 | €151,881 | €115,813 | -€36,068 | -23.7% |
| Financial debts | 170/4 | €151,881 | €115,813 | -€36,068 | -23.7% |
| Amounts payable within one year | 42/48 | €64,870 | €53,151 | -€11,719 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €35,033 | €36,068 | +€1,035 | +3.0% |
| Trade debts | 44 | €2,079 | €1,221 | -€858 | -41.3% |
| Suppliers | 440/4 | €2,079 | €1,221 | -€858 | -41.3% |
| Taxes, remuneration and social security | 45 | €4,704 | €1,649 | -€3,055 | -64.9% |
| Taxes | 450/3 | €4,704 | €1,649 | -€3,055 | -64.9% |
| Other amounts payable | 47/48 | €23,055 | €14,214 | -€8,842 | -38.3% |
| Accrued charges and deferred income | 492/3 | - | €1,595 | +€1,595 | |
| Remuneration, social security and pensions | 62 | €1,920 | €1,440 | -€480 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,145 | €16,644 | +€499 | +3.1% |
| Other operating charges | 640/8 | €1,592 | €1,212 | -€380 | -23.8% |
| Gross operating margin | 9900 | €38,775 | €64,833 | +€26,058 | +67.2% |
| Operating profit (loss) | 9901 | €19,118 | €45,537 | +€26,419 | +138% |
| Financial income | 75/76B | €0 | €1 | +€1 | +271% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +271% |
| Financial charges | 65/66B | €6,663 | €5,966 | -€696 | -10.5% |
| Recurring financial charges | 65 | €6,663 | €5,966 | -€696 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €12,456 | €39,572 | +€27,117 | +218% |
| Income taxes | 67/77 | €140 | €143 | +€4 | +2.8% |
| Profit (loss) for the period | 9904 | €12,316 | €39,429 | +€27,113 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €12,316 | €39,429 | +€27,113 | +220% |
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.