OB Strategies: 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.
OB Strategies
Largest movements
- Cash +€55,073
up €55,073 (+26.6%), from €207,082 to €262,155
mainly Net result for the year (+€126,140) and Other debts (+€44,630)
- Receivables within one year -€4,503
down €4,503 (-7.8%), from €57,862 to €53,359
of which Trade receivables: -€4,503
- Other debts +€44,630
up €44,630 (+33.0%), from €135,076 to €179,707
- Profit (loss) carried forward +€35,550
up €35,550 (+39.2%), from €90,589 to €126,140
- Tax, wage and social debts -€31,659
down €31,659 (-91.5%), from €34,597 to €2,938
- Gross operating margin +€49,473
up €49,473 (+42.8%), from €115,692 to €165,165
- Taxes +€12,461
up €12,461 (+51.8%), from €24,067 to €36,528
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 | €266,334 | €316,478 | +€50,144 | +18.8% |
| Fixed assets | 21/28 | €1,391 | €965 | -€426 | -30.6% |
| Tangible fixed assets | 22/27 | €1,391 | €965 | -€426 | -30.6% |
| Furniture and vehicles | 24 | €1,391 | €965 | -€426 | -30.6% |
| Current assets | 29/58 | €264,944 | €315,513 | +€50,570 | +19.1% |
| Amounts receivable within one year | 40/41 | €57,862 | €53,359 | -€4,503 | -7.8% |
| Trade receivables | 40 | €46,929 | €42,425 | -€4,503 | -9.6% |
| Other amounts receivable | 41 | €10,933 | €10,933 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €207,082 | €262,155 | +€55,073 | +26.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €266,334 | €316,478 | +€50,144 | +18.8% |
| Equity | 10/15 | €93,819 | €129,958 | +€36,140 | +38.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €230 | €819 | +€589 | +257% |
| Distributable reserves | 133 | €230 | €819 | +€589 | +257% |
| Profit (loss) carried forward | 14 | €90,589 | €126,140 | +€35,550 | +39.2% |
| Amounts payable | 17/49 | €172,516 | €186,520 | +€14,004 | +8.1% |
| Amounts payable within one year | 42/48 | €172,516 | €184,328 | +€11,812 | +6.8% |
| Trade debts | 44 | €2,842 | €1,683 | -€1,159 | -40.8% |
| Suppliers | 440/4 | €2,842 | €1,683 | -€1,159 | -40.8% |
| Taxes, remuneration and social security | 45 | €34,597 | €2,938 | -€31,659 | -91.5% |
| Taxes | 450/3 | €34,597 | €2,938 | -€31,659 | -91.5% |
| Other amounts payable | 47/48 | €135,076 | €179,707 | +€44,630 | +33.0% |
| Accrued charges and deferred income | 492/3 | - | €2,192 | +€2,192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313 | €426 | +€113 | +36.2% |
| Other operating charges | 640/8 | €384 | €945 | +€561 | +146% |
| Gross operating margin | 9900 | €115,692 | €165,165 | +€49,473 | +42.8% |
| Operating profit (loss) | 9901 | €114,995 | €163,794 | +€48,799 | +42.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €339 | €1,127 | +€788 | +232% |
| Recurring financial charges | 65 | €339 | €1,127 | +€788 | +232% |
| Profit (loss) for the period before taxes | 9903 | €114,656 | €162,667 | +€48,011 | +41.9% |
| Income taxes | 67/77 | €24,067 | €36,528 | +€12,461 | +51.8% |
| Profit (loss) for the period | 9904 | €90,589 | €126,140 | +€35,550 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €90,589 | €126,140 | +€35,550 | +39.2% |
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 30 October 2026 via checked.be.