O'BARBU: 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'BARBU
Largest movements
- Tangible fixed assets +€10,345
up €10,345 (+318%), from €3,255 to €13,600
of which Furniture and vehicles: +€8,295
- Intangible fixed assets -€4,286
down €4,286 (-17.6%), from €24,286 to €20,000
- Cash -€1,686
down €1,686 (-2.5%), from €67,643 to €65,957
mainly Trade debts (-€14,051) and Investment in fixed assets (net) (-€12,374)
- Stocks and contracts +€1,601
new in 2025: €1,601
- Profit (loss) carried forward +€15,655
up €15,655 (+79.4%), from €19,729 to €35,384
- Trade debts -€14,051
down €14,051 (-82.3%), from €17,074 to €3,023
- Other debts +€3,791
up €3,791 (+11.5%), from €32,969 to €36,760
- Tax, wage and social debts +€1,333
up €1,333 (+5.0%), from €26,469 to €27,802
of which Remuneration and social security: +€1,055
- Gross operating margin -€54,916
down €54,916 (-29.4%), from €186,550 to €131,634
- Staff costs -€51,061
down €51,061 (-34.1%), from €149,548 to €98,488
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,241 | €104,036 | +€6,796 | +7.0% |
| Fixed assets | 21/28 | €27,935 | €33,995 | +€6,060 | +21.7% |
| Intangible fixed assets | 21 | €24,286 | €20,000 | -€4,286 | -17.6% |
| Tangible fixed assets | 22/27 | €3,255 | €13,600 | +€10,345 | +318% |
| Land and buildings | 22 | €3,255 | €0 | -€3,255 | -100% |
| Furniture and vehicles | 24 | - | €8,295 | +€8,295 | |
| Other tangible fixed assets | 26 | - | €5,305 | +€5,305 | |
| Financial fixed assets | 28 | €395 | €395 | = | 0.0% |
| Current assets | 29/58 | €69,305 | €70,041 | +€736 | +1.1% |
| Stocks and contracts in progress | 3 | - | €1,601 | +€1,601 | |
| Stocks | 30/36 | - | €1,601 | +€1,601 | |
| Amounts receivable within one year | 40/41 | €931 | €1,501 | +€571 | +61.3% |
| Trade receivables | 40 | €931 | €222 | -€708 | -76.1% |
| Other amounts receivable | 41 | - | €1,279 | +€1,279 | |
| Cash at bank and in hand | 54/58 | €67,643 | €65,957 | -€1,686 | -2.5% |
| Deferred charges and accrued income | 490/1 | €731 | €981 | +€250 | +34.2% |
| Total equity and liabilities | 10/49 | €97,241 | €104,036 | +€6,796 | +7.0% |
| Equity | 10/15 | €20,729 | €36,384 | +€15,655 | +75.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,729 | €35,384 | +€15,655 | +79.4% |
| Amounts payable | 17/49 | €76,512 | €67,652 | -€8,859 | -11.6% |
| Amounts payable within one year | 42/48 | €76,512 | €67,585 | -€8,926 | -11.7% |
| Trade debts | 44 | €17,074 | €3,023 | -€14,051 | -82.3% |
| Suppliers | 440/4 | €17,074 | €3,023 | -€14,051 | -82.3% |
| Taxes, remuneration and social security | 45 | €26,469 | €27,802 | +€1,333 | +5.0% |
| Taxes | 450/3 | €16,361 | €16,639 | +€278 | +1.7% |
| Remuneration and social security | 454/9 | €10,109 | €11,164 | +€1,055 | +10.4% |
| Other amounts payable | 47/48 | €32,969 | €36,760 | +€3,791 | +11.5% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Remuneration, social security and pensions | 62 | €149,548 | €98,488 | -€51,061 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,754 | €6,315 | +€560 | +9.7% |
| Other operating charges | 640/8 | €2,513 | €1,953 | -€560 | -22.3% |
| Gross operating margin | 9900 | €186,550 | €131,634 | -€54,916 | -29.4% |
| Operating profit (loss) | 9901 | €28,734 | €24,879 | -€3,855 | -13.4% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €2,816 | €3,167 | +€351 | +12.5% |
| Recurring financial charges | 65 | €2,816 | €3,167 | +€351 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €25,925 | €21,712 | -€4,213 | -16.3% |
| Income taxes | 67/77 | €6,197 | €5,224 | -€973 | -15.7% |
| Profit (loss) for the period | 9904 | €19,729 | €16,488 | -€3,240 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,729 | €16,488 | -€3,240 | -16.4% |
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 19 October 2026 via checked.be.