OB GEST: what changed
Two fiscal 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.
OB GEST
Largest movements
- Receivables within one year +€32,745
up €32,745 (+29.2%), from €112,070 to €144,815
of which Other amounts receivable: +€42,849
- Tangible fixed assets +€25,788
up €25,788 (+2.5%), from €1.0m to €1.1m
of which Land and buildings: +€25,788
- Receivables after one year -€14,994
down €14,994 (-8.7%), from €172,141 to €157,146
- Current investments +€14,839
new in 2025: €14,839
- Reserves +€113,636
up €113,636 (+356.7%), from €31,860 to €145,496
of which Distributable reserves: +€113,636
- Other debts +€63,025
up €63,025, from €0 to €63,025
- Profit (loss) carried forward -€61,696
down €61,696 (-11.8%), from €521,321 to €459,625
- Debts after one year -€58,916
down €58,916 (-8.3%), from €707,752 to €648,836
- Financial income +€13,990
up €13,990 (+8.3%), from €167,872 to €181,862
- Taxes +€11,295
up €11,295 (+5555.1%), from €203 to €11,499
- Depreciation +€10,198
up €10,198 (+17.2%), from €59,348 to €69,546
- Gross operating margin -€6,676
down €6,676 (-13.8%), from €48,478 to €41,801
- Financial charges -€2,430
down €2,430 (-8.6%), from €28,172 to €25,742
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 | €1,361,496 | €1,431,247 | +€69,751 | +5.1% |
| Fixed assets | 21/28 | €1,073,563 | €1,099,352 | +€25,788 | +2.4% |
| Tangible fixed assets | 22/27 | €1,048,563 | €1,074,352 | +€25,788 | +2.5% |
| Land and buildings | 22 | €1,048,563 | €1,074,352 | +€25,788 | +2.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €287,933 | €331,895 | +€43,963 | +15.3% |
| Amounts receivable after more than one year | 29 | €172,141 | €157,146 | -€14,994 | -8.7% |
| Trade receivables | 290 | €172,141 | €157,146 | -€14,994 | -8.7% |
| Amounts receivable within one year | 40/41 | €112,070 | €144,815 | +€32,745 | +29.2% |
| Trade receivables | 40 | €10,104 | €0 | -€10,104 | -100.0% |
| Other amounts receivable | 41 | €101,966 | €144,815 | +€42,849 | +42.0% |
| Current investments | 50/53 | - | €14,839 | +€14,839 | |
| Cash at bank and in hand | 54/58 | €2,890 | €13,015 | +€10,126 | +350.4% |
| Deferred charges and accrued income | 490/1 | €832 | €2,079 | +€1,246 | +149.8% |
| Total equity and liabilities | 10/49 | €1,361,496 | €1,431,247 | +€69,751 | +5.1% |
| Equity | 10/15 | €590,381 | €642,322 | +€51,941 | +8.8% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €31,860 | €145,496 | +€113,636 | +356.7% |
| 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 | €30,000 | €143,636 | +€113,636 | +378.8% |
| Profit (loss) carried forward | 14 | €521,321 | €459,625 | -€61,696 | -11.8% |
| Amounts payable | 17/49 | €771,115 | €788,925 | +€17,810 | +2.3% |
| Amounts payable after more than one year | 17 | €707,752 | €648,836 | -€58,916 | -8.3% |
| Financial debts | 170/4 | €707,752 | €648,836 | -€58,916 | -8.3% |
| Amounts payable within one year | 42/48 | €63,363 | €140,089 | +€76,725 | +121.1% |
| Current portion of amounts payable after more than one year | 42 | €60,242 | €62,397 | +€2,155 | +3.6% |
| Trade debts | 44 | €2,198 | €3,122 | +€925 | +42.1% |
| Suppliers | 440/4 | €2,198 | €3,122 | +€925 | +42.1% |
| Taxes, remuneration and social security | 45 | €923 | €11,544 | +€10,620 | +1150.0% |
| Taxes | 450/3 | €923 | €11,544 | +€10,620 | +1150.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €63,025 | +€63,025 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,348 | €69,546 | +€10,198 | +17.2% |
| Other operating charges | 640/8 | €1,610 | €1,911 | +€301 | +18.7% |
| Gross operating margin | 9900 | €48,478 | €41,801 | -€6,676 | -13.8% |
| Operating profit (loss) | 9901 | -€12,480 | -€29,656 | -€17,176 | -137.6% |
| Financial income | 75/76B | €167,872 | €181,862 | +€13,990 | +8.3% |
| Recurring financial income | 75 | €167,872 | €181,862 | +€13,990 | +8.3% |
| Financial charges | 65/66B | €28,172 | €25,742 | -€2,430 | -8.6% |
| Recurring financial charges | 65 | €28,172 | €25,742 | -€2,430 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €127,220 | €126,465 | -€756 | -0.6% |
| Income taxes | 67/77 | €203 | €11,499 | +€11,295 | +5555.1% |
| Profit (loss) for the period | 9904 | €127,017 | €114,966 | -€12,051 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €127,017 | €114,966 | -€12,051 | -9.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.