OB MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash +€40,120
up €40,120 (+48.3%), from €83,123 to €123,243
mainly Net result for the year (+€71,093) and Depreciation (+€15,103)
- Receivables within one year +€27,874
up €27,874 (+527.6%), from €5,283 to €33,158
of which Other amounts receivable: +€29,642
- Tangible fixed assets -€11,684
down €11,684 (-18.1%), from €64,546 to €52,862
of which Furniture and vehicles: -€11,416
- Profit (loss) carried forward +€71,093
up €71,093 (+112.9%), from €62,954 to €134,047
- Debts after one year -€11,110
down €11,110 (-26.4%), from €42,019 to €30,909
- Tax, wage and social debts -€2,726
down €2,726 (-8.3%), from €32,924 to €30,198
- Gross operating margin +€17,497
up €17,497 (+19.3%), from €90,689 to €108,186
- Depreciation +€9,337
up €9,337 (+161.9%), from €5,766 to €15,103
- Other operating charges -€2,489
down €2,489 (-76.5%), from €3,253 to €764
- Taxes +€2,432
up €2,432 (+14.5%), from €16,726 to €19,157
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 | €154,050 | €209,263 | +€55,213 | +35.8% |
| Fixed assets | 21/28 | €64,546 | €52,862 | -€11,684 | -18.1% |
| Tangible fixed assets | 22/27 | €64,546 | €52,862 | -€11,684 | -18.1% |
| Plant, machinery and equipment | 23 | €1,197 | €930 | -€267 | -22.3% |
| Furniture and vehicles | 24 | €63,349 | €51,932 | -€11,416 | -18.0% |
| Current assets | 29/58 | €89,504 | €156,401 | +€66,897 | +74.7% |
| Amounts receivable within one year | 40/41 | €5,283 | €33,158 | +€27,874 | +527.6% |
| Trade receivables | 40 | €5,283 | €3,515 | -€1,768 | -33.5% |
| Other amounts receivable | 41 | - | €29,642 | +€29,642 | |
| Cash at bank and in hand | 54/58 | €83,123 | €123,243 | +€40,120 | +48.3% |
| Deferred charges and accrued income | 490/1 | €1,098 | - | -€1,098 | |
| Total equity and liabilities | 10/49 | €154,050 | €209,263 | +€55,213 | +35.8% |
| Equity | 10/15 | €65,954 | €137,047 | +€71,093 | +107.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,954 | €134,047 | +€71,093 | +112.9% |
| Amounts payable | 17/49 | €88,096 | €72,216 | -€15,880 | -18.0% |
| Amounts payable after more than one year | 17 | €42,019 | €30,909 | -€11,110 | -26.4% |
| Financial debts | 170/4 | €42,019 | €30,909 | -€11,110 | -26.4% |
| Amounts payable within one year | 42/48 | €46,077 | €41,308 | -€4,770 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €10,662 | €11,110 | +€448 | +4.2% |
| Trade debts | 44 | €1,476 | - | -€1,476 | |
| Suppliers | 440/4 | €1,476 | - | -€1,476 | |
| Taxes, remuneration and social security | 45 | €32,924 | €30,198 | -€2,726 | -8.3% |
| Taxes | 450/3 | €32,924 | €30,198 | -€2,726 | -8.3% |
| Other amounts payable | 47/48 | €1,016 | - | -€1,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,766 | €15,103 | +€9,337 | +161.9% |
| Other operating charges | 640/8 | €3,253 | €764 | -€2,489 | -76.5% |
| Gross operating margin | 9900 | €90,689 | €108,186 | +€17,497 | +19.3% |
| Operating profit (loss) | 9901 | €81,670 | €92,319 | +€10,649 | +13.0% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,136 | €2,068 | +€933 | +82.1% |
| Recurring financial charges | 65 | €1,136 | €2,068 | +€933 | +82.1% |
| Profit (loss) for the period before taxes | 9903 | €80,538 | €90,250 | +€9,712 | +12.1% |
| Income taxes | 67/77 | €16,726 | €19,157 | +€2,432 | +14.5% |
| Profit (loss) for the period | 9904 | €63,813 | €71,093 | +€7,280 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €63,813 | €71,093 | +€7,280 | +11.4% |
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 8 October 2026 via checked.be.