O.B.T.: 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.T.
Largest movements
- Cash -€21,434
down €21,434 (-5.0%), from €430,898 to €409,464
mainly Net result for the year (-€31,991) and Investment in fixed assets (net) (-€29,985)
- Tangible fixed assets -€12,000
down €12,000 (-1.8%), from €669,620 to €657,620
of which Land and buildings: -€14,369
- Profit (loss) carried forward -€31,991
down €31,991 (-4.4%), from €730,055 to €698,064
- Gross operating margin -€8,409
down €8,409 (-34.7%), from €24,219 to €15,810
- Depreciation -€4,213
down €4,213 (-9.1%), from €46,198 to €41,985
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 | €1,147,185 | €1,120,947 | -€26,238 | -2.3% |
| Fixed assets | 21/28 | €670,042 | €658,042 | -€12,000 | -1.8% |
| Tangible fixed assets | 22/27 | €669,620 | €657,620 | -€12,000 | -1.8% |
| Land and buildings | 22 | €659,375 | €645,006 | -€14,369 | -2.2% |
| Plant, machinery and equipment | 23 | €10,245 | €12,614 | +€2,369 | +23.1% |
| Financial fixed assets | 28 | €422 | €422 | = | 0.0% |
| Current assets | 29/58 | €477,143 | €462,905 | -€14,238 | -3.0% |
| Amounts receivable within one year | 40/41 | €9,770 | €17,146 | +€7,376 | +75.5% |
| Trade receivables | 40 | €8,580 | €16,016 | +€7,436 | +86.7% |
| Other amounts receivable | 41 | €1,190 | €1,130 | -€60 | -5.0% |
| Current investments | 50/53 | €34,596 | €34,596 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €430,898 | €409,464 | -€21,434 | -5.0% |
| Deferred charges and accrued income | 490/1 | €1,879 | €1,699 | -€180 | -9.6% |
| Total equity and liabilities | 10/49 | €1,147,185 | €1,120,947 | -€26,238 | -2.3% |
| Equity | 10/15 | €1,054,345 | €1,022,354 | -€31,991 | -3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €311,860 | €311,860 | = | 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 | €310,000 | €310,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €730,055 | €698,064 | -€31,991 | -4.4% |
| Investment grants | 15 | €6,230 | €6,230 | = | 0.0% |
| Amounts payable | 17/49 | €92,840 | €98,593 | +€5,753 | +6.2% |
| Amounts payable after more than one year | 17 | - | €1,820 | +€1,820 | |
| Other amounts payable | 178/9 | - | €1,820 | +€1,820 | |
| Amounts payable within one year | 42/48 | €92,840 | €96,773 | +€3,933 | +4.2% |
| Financial debts | 43 | €4,800 | - | -€4,800 | |
| Other loans | 439 | €4,800 | - | -€4,800 | |
| Trade debts | 44 | €42,336 | €52,504 | +€10,168 | +24.0% |
| Suppliers | 440/4 | €42,336 | €52,504 | +€10,168 | +24.0% |
| Taxes, remuneration and social security | 45 | €2,472 | €2,500 | +€28 | +1.1% |
| Remuneration and social security | 454/9 | €2,472 | €2,500 | +€28 | +1.1% |
| Other amounts payable | 47/48 | €43,232 | €41,769 | -€1,463 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,198 | €41,985 | -€4,213 | -9.1% |
| Other operating charges | 640/8 | €5,383 | €5,576 | +€193 | +3.6% |
| Gross operating margin | 9900 | €24,219 | €15,810 | -€8,409 | -34.7% |
| Operating profit (loss) | 9901 | -€27,362 | -€31,751 | -€4,389 | -16.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €320 | €240 | -€80 | -25.0% |
| Recurring financial charges | 65 | €320 | €240 | -€80 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,679 | -€31,991 | -€4,312 | -15.6% |
| Profit (loss) for the period | 9904 | -€27,679 | -€31,991 | -€4,312 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,679 | -€31,991 | -€4,312 | -15.6% |
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 13 October 2026 via checked.be.