MARC OBEN: 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.
MARC OBEN
Largest movements
- Receivables within one year +€36,807
up €36,807 (+89.8%), from €40,986 to €77,793
of which Other amounts receivable: +€41,844
- Tangible fixed assets -€32,507
down €32,507 (-10.4%), from €311,678 to €279,172
of which Furniture and vehicles: -€22,448
- Formation expenses -€12,686
no longer reported in 2024 (was €12,686)
- Other debts -€47,235
down €47,235 (-62.5%), from €75,633 to €28,398
- Reserves +€30,871
up €30,871 (+10.7%), from €288,210 to €319,081
of which Distributable reserves: +€30,871
- Debts after one year -€13,739
down €13,739 (-21.0%), from €65,379 to €51,640
- Tax, wage and social debts +€8,984
up €8,984 (+891%), from €1,009 to €9,993
of which Taxes: +€6,853
- Staff costs -€19,586
down €19,586 (-37.8%), from €51,836 to €32,250
- Depreciation +€12,857
up €12,857 (+38.4%), from €33,454 to €46,312
- Taxes -€7,491
down €7,491 (-32.3%), from €23,159 to €15,667
- Gross operating margin -€3,010
down €3,010 (-2.2%), from €139,080 to €136,070
- Financial charges +€2,156
up €2,156 (+30.6%), from €7,040 to €9,196
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €475,646 | €463,538 | -€12,108 | -2.5% |
| Formation expenses | 20 | €12,686 | - | -€12,686 | |
| Fixed assets | 21/28 | €311,678 | €279,172 | -€32,507 | -10.4% |
| Tangible fixed assets | 22/27 | €311,678 | €279,172 | -€32,507 | -10.4% |
| Land and buildings | 22 | €210,176 | €199,373 | -€10,803 | -5.1% |
| Plant, machinery and equipment | 23 | €1,040 | €1,784 | +€745 | +71.6% |
| Furniture and vehicles | 24 | €100,463 | €78,014 | -€22,448 | -22.3% |
| Current assets | 29/58 | €151,282 | €184,366 | +€33,085 | +21.9% |
| Amounts receivable within one year | 40/41 | €40,986 | €77,793 | +€36,807 | +89.8% |
| Trade receivables | 40 | €5,037 | - | -€5,037 | |
| Other amounts receivable | 41 | €35,949 | €77,793 | +€41,844 | +116% |
| Current investments | 50/53 | €55,362 | €55,362 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,934 | €50,933 | -€4,001 | -7.3% |
| Deferred charges and accrued income | 490/1 | - | €278 | +€278 | |
| Total equity and liabilities | 10/49 | €475,646 | €463,538 | -€12,108 | -2.5% |
| Equity | 10/15 | €306,810 | €337,681 | +€30,871 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €288,210 | €319,081 | +€30,871 | +10.7% |
| 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 | €286,350 | €317,221 | +€30,871 | +10.8% |
| Amounts payable | 17/49 | €168,836 | €125,857 | -€42,979 | -25.5% |
| Amounts payable after more than one year | 17 | €65,379 | €51,640 | -€13,739 | -21.0% |
| Financial debts | 170/4 | €65,379 | €51,640 | -€13,739 | -21.0% |
| Amounts payable within one year | 42/48 | €95,027 | €61,610 | -€33,417 | -35.2% |
| Current portion of amounts payable after more than one year | 42 | €18,245 | €19,277 | +€1,032 | +5.7% |
| Trade debts | 44 | €140 | €3,942 | +€3,802 | +2,712% |
| Suppliers | 440/4 | €140 | €3,942 | +€3,802 | +2,712% |
| Taxes, remuneration and social security | 45 | €1,009 | €9,993 | +€8,984 | +891% |
| Taxes | 450/3 | €1,009 | €7,862 | +€6,853 | +679% |
| Remuneration and social security | 454/9 | - | €2,131 | +€2,131 | |
| Other amounts payable | 47/48 | €75,633 | €28,398 | -€47,235 | -62.5% |
| Accrued charges and deferred income | 492/3 | €8,430 | €12,608 | +€4,178 | +49.6% |
| Remuneration, social security and pensions | 62 | €51,836 | €32,250 | -€19,586 | -37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,454 | €46,312 | +€12,857 | +38.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,234 | - | -€1,234 | |
| Other operating charges | 640/8 | €1,572 | €1,773 | +€201 | +12.8% |
| Gross operating margin | 9900 | €139,080 | €136,070 | -€3,010 | -2.2% |
| Operating profit (loss) | 9901 | €50,983 | €55,734 | +€4,751 | +9.3% |
| Financial charges | 65/66B | €7,040 | €9,196 | +€2,156 | +30.6% |
| Recurring financial charges | 65 | €7,040 | €9,196 | +€2,156 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €43,943 | €46,538 | +€2,595 | +5.9% |
| Income taxes | 67/77 | €23,159 | €15,667 | -€7,491 | -32.3% |
| Profit (loss) for the period | 9904 | €20,784 | €30,871 | +€10,087 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,784 | €30,871 | +€10,087 | +48.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.