OBC: 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.
OBC
Largest movements
- Cash +€619,548
up €619,548 (+199.9%), from €309,943 to €929,491
mainly Current portion of long-term debt (+€1.4m) and Net result for the year (+€667,026)
- Receivables within one year +€568,591
up €568,591 (+126.0%), from €451,381 to €1.0m
of which Trade receivables: +€591,857
- Stocks and contracts +€390,480
up €390,480 (+4.0%), from €9.8m to €10.1m
- Receivables after one year -€335,377
down €335,377 (-11.1%), from €3.0m to €2.7m
- Debts after one year -€1.6m
down €1.6m (-39.3%), from €4.2m to €2.5m
of which Financial debts: -€1.8m
- Current portion of long-term debt +€1.4m
up €1.4m (+1263.1%), from €110,040 to €1.5m
- Reserves +€667,026
up €667,026 (+37.9%), from €1.8m to €2.4m
- Short-term financial debts +€649,783
up €649,783 (+113.2%), from €574,000 to €1.2m
- Tax, wage and social debts +€429,245
up €429,245 (+377.8%), from €113,622 to €542,868
- Gross operating margin +€487,729
up €487,729 (+69.7%), from €699,919 to €1.2m
- Taxes +€130,835
up €130,835 (+116.5%), from €112,262 to €243,097
- Financial charges +€41,827
up €41,827 (+13.4%), from €312,003 to €353,830
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 | €13,690,034 | €14,974,528 | +€1.3m | +9.4% |
| Fixed assets | 21/28 | €114,050 | €114,050 | = | 0.0% |
| Financial fixed assets | 28 | €114,050 | €114,050 | = | 0.0% |
| Current assets | 29/58 | €13,575,984 | €14,860,478 | +€1.3m | +9.5% |
| Amounts receivable after more than one year | 29 | €3,011,684 | €2,676,307 | -€335,377 | -11.1% |
| Other amounts receivable | 291 | €3,011,684 | €2,676,307 | -€335,377 | -11.1% |
| Stocks and contracts in progress | 3 | €9,756,197 | €10,146,677 | +€390,480 | +4.0% |
| Stocks | 30/36 | €9,756,197 | €10,146,677 | +€390,480 | +4.0% |
| Amounts receivable within one year | 40/41 | €451,381 | €1,019,972 | +€568,591 | +126.0% |
| Trade receivables | 40 | €358,352 | €950,209 | +€591,857 | +165.2% |
| Other amounts receivable | 41 | €93,029 | €69,763 | -€23,266 | -25.0% |
| Cash at bank and in hand | 54/58 | €309,943 | €929,491 | +€619,548 | +199.9% |
| Deferred charges and accrued income | 490/1 | €46,779 | €88,030 | +€41,251 | +88.2% |
| Total equity and liabilities | 10/49 | €13,690,034 | €14,974,528 | +€1.3m | +9.4% |
| Equity | 10/15 | €1,779,465 | €2,446,491 | +€667,026 | +37.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,759,465 | €2,426,491 | +€667,026 | +37.9% |
| Distributable reserves | 133 | €1,759,465 | €2,426,491 | +€667,026 | +37.9% |
| Amounts payable | 17/49 | €11,910,569 | €12,528,037 | +€617,468 | +5.2% |
| Amounts payable after more than one year | 17 | €4,176,460 | €2,535,358 | -€1.6m | -39.3% |
| Financial debts | 170/4 | €2,301,560 | €460,458 | -€1.8m | -80.0% |
| Other amounts payable | 178/9 | €1,874,900 | €2,074,900 | +€200,000 | +10.7% |
| Amounts payable within one year | 42/48 | €7,734,110 | €9,992,679 | +€2.3m | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €110,040 | €1,500,000 | +€1.4m | +1263.1% |
| Financial debts | 43 | €574,000 | €1,223,783 | +€649,783 | +113.2% |
| Credit institutions | 430/8 | €574,000 | €1,223,783 | +€649,783 | +113.2% |
| Trade debts | 44 | €222,160 | €152,617 | -€69,543 | -31.3% |
| Suppliers | 440/4 | €222,160 | €152,617 | -€69,543 | -31.3% |
| Advances received on contracts in progress | 46 | €6,598,008 | €6,265,639 | -€332,368 | -5.0% |
| Taxes, remuneration and social security | 45 | €113,622 | €542,868 | +€429,245 | +377.8% |
| Taxes | 450/3 | €113,622 | €542,868 | +€429,245 | +377.8% |
| Other amounts payable | 47/48 | €116,280 | €307,772 | +€191,492 | +164.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | - | -€230 | |
| Other operating charges | 640/8 | €5,220 | €6,311 | +€1,091 | +20.9% |
| Gross operating margin | 9900 | €699,919 | €1,187,649 | +€487,729 | +69.7% |
| Operating profit (loss) | 9901 | €694,469 | €1,181,337 | +€486,869 | +70.1% |
| Financial income | 75/76B | €81,688 | €82,616 | +€928 | +1.1% |
| Recurring financial income | 75 | €81,688 | €82,616 | +€928 | +1.1% |
| Financial charges | 65/66B | €312,003 | €353,830 | +€41,827 | +13.4% |
| Recurring financial charges | 65 | €312,003 | €353,830 | +€41,827 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €464,154 | €910,123 | +€445,969 | +96.1% |
| Income taxes | 67/77 | €112,262 | €243,097 | +€130,835 | +116.5% |
| Profit (loss) for the period | 9904 | €351,891 | €667,026 | +€315,134 | +89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €351,891 | €667,026 | +€315,134 | +89.6% |
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.