OBEA: what changed
OBEA
Largest movements
- Receivables within one year -€5,259
down €5,259 (-53.8%), from €9,783 to €4,523
of which Other amounts receivable: -€5,150
- Tangible fixed assets -€2,824
down €2,824 (-7.9%), from €35,563 to €32,739
of which Plant, machinery and equipment: -€2,719
- Cash -€1,336
down €1,336 (-17.8%), from €7,493 to €6,157
mainly Debts after one year (-€8,897) and Investment in fixed assets (net) (-€8,786)
- Debts after one year -€8,897
down €8,897 (-44.7%), from €19,921 to €11,024
- Other debts -€1,467
down €1,467 (-18.2%), from €8,047 to €6,580
- Trade debts +€1,374
up €1,374 (+39.5%), from €3,480 to €4,853
- Tax, wage and social debts -€550
no longer reported in 2025 (was €550)
- Other operating charges +€886
up €886 (+476%), from €186 to €1,072
- Depreciation +€758
up €758 (+7.0%), from €10,853 to €11,610
- Gross operating margin -€647
down €647 (-3.0%), from €21,402 to €20,756
- Financial income -€271
no longer reported in 2025 (was €271)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,984 | €44,076 | -€8,907 | -16.8% |
| Fixed assets | 21/28 | €35,563 | €32,739 | -€2,824 | -7.9% |
| Tangible fixed assets | 22/27 | €35,563 | €32,739 | -€2,824 | -7.9% |
| Plant, machinery and equipment | 23 | €4,032 | €1,313 | -€2,719 | -67.4% |
| Furniture and vehicles | 24 | €31,531 | €31,426 | -€105 | -0.3% |
| Current assets | 29/58 | €17,421 | €11,338 | -€6,083 | -34.9% |
| Amounts receivable within one year | 40/41 | €9,783 | €4,523 | -€5,259 | -53.8% |
| Trade receivables | 40 | €4,164 | €4,055 | -€109 | -2.6% |
| Other amounts receivable | 41 | €5,618 | €468 | -€5,150 | -91.7% |
| Cash at bank and in hand | 54/58 | €7,493 | €6,157 | -€1,336 | -17.8% |
| Deferred charges and accrued income | 490/1 | €145 | €658 | +€512 | +352% |
| Total equity and liabilities | 10/49 | €52,984 | €44,076 | -€8,907 | -16.8% |
| Equity | 10/15 | €12,570 | €12,722 | +€152 | +1.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Other | 1109/19 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €8,426 | €8,426 | = | 0.0% |
| Distributable reserves | 133 | €8,426 | €8,426 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144 | €295 | +€152 | +105% |
| Amounts payable | 17/49 | €40,413 | €31,354 | -€9,059 | -22.4% |
| Amounts payable after more than one year | 17 | €19,921 | €11,024 | -€8,897 | -44.7% |
| Financial debts | 170/4 | €19,921 | €11,024 | -€8,897 | -44.7% |
| Amounts payable within one year | 42/48 | €20,492 | €20,330 | -€162 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €8,415 | €8,897 | +€481 | +5.7% |
| Trade debts | 44 | €3,480 | €4,853 | +€1,374 | +39.5% |
| Suppliers | 440/4 | €3,480 | €4,853 | +€1,374 | +39.5% |
| Taxes, remuneration and social security | 45 | €550 | - | -€550 | |
| Taxes | 450/3 | €550 | - | -€550 | |
| Other amounts payable | 47/48 | €8,047 | €6,580 | -€1,467 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,853 | €11,610 | +€758 | +7.0% |
| Other operating charges | 640/8 | €186 | €1,072 | +€886 | +476% |
| Gross operating margin | 9900 | €21,402 | €20,756 | -€647 | -3.0% |
| Operating profit (loss) | 9901 | €10,364 | €8,073 | -€2,290 | -22.1% |
| Financial income | 75/76B | €271 | - | -€271 | |
| Recurring financial income | 75 | €271 | - | -€271 | |
| Financial charges | 65/66B | €1,532 | €1,422 | -€110 | -7.2% |
| Recurring financial charges | 65 | €1,532 | €1,422 | -€110 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €9,104 | €6,652 | -€2,452 | -26.9% |
| Income taxes | 67/77 | €912 | €1,000 | +€88 | +9.6% |
| Profit (loss) for the period | 9904 | €8,191 | €5,652 | -€2,540 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,191 | €5,652 | -€2,540 | -31.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.