O-BAL: 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-BAL
Largest movements
- Receivables within one year -€33,348
down €33,348 (-37.4%), from €89,255 to €55,907
of which Other amounts receivable: -€76,030
- Tangible fixed assets -€5,113
down €5,113 (-1.4%), from €368,991 to €363,878
of which Land and buildings: -€13,928
- Short-term financial debts -€40,000
down €40,000 (-100.0%), from €40,000 to €0
- Debts after one year -€14,585
down €14,585 (-5.3%), from €276,602 to €262,017
- Profit (loss) carried forward +€14,335
up €14,335 (+64.4%), from -€22,246 to -€7,911
- Other debts +€13,226
up €13,226 (+10.0%), from €132,413 to €145,639
- Trade debts -€9,873
down €9,873 (-99.5%), from €9,926 to €53
- Gross operating margin +€79,851
up €79,851, from -€9,220 to €70,630
- Depreciation +€26,048
up €26,048 (+476.6%), from €5,465 to €31,513
- Financial charges +€16,682
up €16,682 (+244.8%), from €6,816 to €23,498
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 | €471,009 | €436,897 | -€34,112 | -7.2% |
| Fixed assets | 21/28 | €368,991 | €363,878 | -€5,113 | -1.4% |
| Tangible fixed assets | 22/27 | €368,991 | €363,878 | -€5,113 | -1.4% |
| Land and buildings | 22 | €338,634 | €324,706 | -€13,928 | -4.1% |
| Plant, machinery and equipment | 23 | €30,358 | €20,222 | -€10,136 | -33.4% |
| Furniture and vehicles | 24 | - | €18,950 | +€18,950 | |
| Current assets | 29/58 | €102,018 | €73,018 | -€28,999 | -28.4% |
| Amounts receivable within one year | 40/41 | €89,255 | €55,907 | -€33,348 | -37.4% |
| Trade receivables | 40 | €9,600 | €52,283 | +€42,683 | +444.6% |
| Other amounts receivable | 41 | €79,655 | €3,625 | -€76,030 | -95.4% |
| Cash at bank and in hand | 54/58 | €12,454 | €16,902 | +€4,448 | +35.7% |
| Deferred charges and accrued income | 490/1 | €308 | €208 | -€100 | -32.4% |
| Total equity and liabilities | 10/49 | €471,009 | €436,897 | -€34,112 | -7.2% |
| Equity | 10/15 | -€2,246 | €12,089 | +€14,335 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,246 | -€7,911 | +€14,335 | +64.4% |
| Amounts payable | 17/49 | €473,255 | €424,808 | -€48,447 | -10.2% |
| Amounts payable after more than one year | 17 | €276,602 | €262,017 | -€14,585 | -5.3% |
| Financial debts | 170/4 | €276,602 | €262,017 | -€14,585 | -5.3% |
| Amounts payable within one year | 42/48 | €196,229 | €162,791 | -€33,438 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €13,890 | €14,585 | +€696 | +5.0% |
| Financial debts | 43 | €40,000 | €0 | -€40,000 | -100.0% |
| Credit institutions | 430/8 | €40,000 | €0 | -€40,000 | -100.0% |
| Trade debts | 44 | €9,926 | €53 | -€9,873 | -99.5% |
| Suppliers | 440/4 | €9,926 | €53 | -€9,873 | -99.5% |
| Taxes, remuneration and social security | 45 | - | €2,514 | +€2,514 | |
| Taxes | 450/3 | - | €2,514 | +€2,514 | |
| Other amounts payable | 47/48 | €132,413 | €145,639 | +€13,226 | +10.0% |
| Accrued charges and deferred income | 492/3 | €424 | €0 | -€424 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,465 | €31,513 | +€26,048 | +476.6% |
| Other operating charges | 640/8 | €745 | €1,285 | +€540 | +72.5% |
| Gross operating margin | 9900 | -€9,220 | €70,630 | +€79,851 | |
| Operating profit (loss) | 9901 | -€15,430 | €37,833 | +€53,263 | |
| Financial charges | 65/66B | €6,816 | €23,498 | +€16,682 | +244.8% |
| Recurring financial charges | 65 | €6,816 | €23,498 | +€16,682 | +244.8% |
| Profit (loss) for the period before taxes | 9903 | -€22,246 | €14,335 | +€36,580 | |
| Profit (loss) for the period | 9904 | -€22,246 | €14,335 | +€36,580 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,246 | €14,335 | +€36,580 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.