O-B-A: 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.
O-B-A
Largest movements
- Receivables within one year +€31,452
up €31,452 (+285.0%), from €11,034 to €42,486
of which Trade receivables: +€28,925
- Stocks and contracts +€25,000
up €25,000 (+877.2%), from €2,850 to €27,850
of which Contracts in progress: +€24,500
- Tangible fixed assets -€24,643
down €24,643 (-63.7%), from €38,668 to €14,024
of which Furniture and vehicles: -€22,507
- Cash -€5,216
down €5,216 (-92.1%), from €5,664 to €447
mainly Receivables within one year (-€31,452) and Stocks and contracts (-€25,000)
- Debts after one year -€16,681
down €16,681 (-57.5%), from €28,996 to €12,315
- Advances received +€14,522
new in 2025: €14,522
- Profit (loss) carried forward +€13,630
up €13,630 (+48.6%), from -€28,063 to -€14,433
- Trade debts +€9,921
up €9,921 (+31.6%), from €31,366 to €41,287
- Tax, wage and social debts +€3,578
up €3,578 (+151.2%), from €2,367 to €5,945
of which Taxes: +€4,419
- Staff costs -€65,912
down €65,912 (-55.5%), from €118,715 to €52,803
- Gross operating margin -€22,607
down €22,607 (-21.3%), from €105,924 to €83,317
- Financial charges -€1,168
down €1,168 (-32.4%), from €3,607 to €2,439
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 | €58,215 | €84,808 | +€26,593 | +45.7% |
| Fixed assets | 21/28 | €38,668 | €14,024 | -€24,643 | -63.7% |
| Tangible fixed assets | 22/27 | €38,668 | €14,024 | -€24,643 | -63.7% |
| Plant, machinery and equipment | 23 | €5,605 | €3,469 | -€2,136 | -38.1% |
| Furniture and vehicles | 24 | €33,063 | €10,556 | -€22,507 | -68.1% |
| Current assets | 29/58 | €19,548 | €70,784 | +€51,236 | +262.1% |
| Stocks and contracts in progress | 3 | €2,850 | €27,850 | +€25,000 | +877.2% |
| Stocks | 30/36 | €2,850 | €3,350 | +€500 | +17.5% |
| Contracts in progress | 37 | - | €24,500 | +€24,500 | |
| Amounts receivable within one year | 40/41 | €11,034 | €42,486 | +€31,452 | +285.0% |
| Trade receivables | 40 | €664 | €29,589 | +€28,925 | +4356.1% |
| Other amounts receivable | 41 | €10,370 | €12,898 | +€2,528 | +24.4% |
| Cash at bank and in hand | 54/58 | €5,664 | €447 | -€5,216 | -92.1% |
| Total equity and liabilities | 10/49 | €58,215 | €84,808 | +€26,593 | +45.7% |
| Equity | 10/15 | -€24,063 | -€10,433 | +€13,630 | +56.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,063 | -€14,433 | +€13,630 | +48.6% |
| Amounts payable | 17/49 | €82,278 | €95,241 | +€12,963 | +15.8% |
| Amounts payable after more than one year | 17 | €28,996 | €12,315 | -€16,681 | -57.5% |
| Financial debts | 170/4 | €28,996 | €12,315 | -€16,681 | -57.5% |
| Amounts payable within one year | 42/48 | €53,282 | €82,927 | +€29,644 | +55.6% |
| Current portion of amounts payable after more than one year | 42 | €18,488 | €16,970 | -€1,518 | -8.2% |
| Trade debts | 44 | €31,366 | €41,287 | +€9,921 | +31.6% |
| Suppliers | 440/4 | €31,366 | €41,287 | +€9,921 | +31.6% |
| Advances received on contracts in progress | 46 | - | €14,522 | +€14,522 | |
| Taxes, remuneration and social security | 45 | €2,367 | €5,945 | +€3,578 | +151.2% |
| Taxes | 450/3 | €554 | €4,974 | +€4,419 | +797.2% |
| Remuneration and social security | 454/9 | €1,813 | €971 | -€841 | -46.4% |
| Other amounts payable | 47/48 | €1,061 | €4,203 | +€3,142 | +296.0% |
| Remuneration, social security and pensions | 62 | €118,715 | €52,803 | -€65,912 | -55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,164 | €11,251 | -€913 | -7.5% |
| Other operating charges | 640/8 | €699 | €546 | -€153 | -21.9% |
| Non-recurring operating charges | 66A | - | €2,648 | +€2,648 | |
| Gross operating margin | 9900 | €105,924 | €83,317 | -€22,607 | -21.3% |
| Operating profit (loss) | 9901 | -€25,655 | €16,068 | +€41,723 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,607 | €2,439 | -€1,168 | -32.4% |
| Recurring financial charges | 65 | €3,607 | €2,439 | -€1,168 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,261 | €13,630 | +€42,891 | |
| Profit (loss) for the period | 9904 | -€29,261 | €13,630 | +€42,891 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,261 | €13,630 | +€42,891 |
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 9 October 2026 via checked.be.