OBGA Project Management Services: what changed
OBGA Project Management Services
Largest movements
- Cash -€21,008
down €21,008 (-95.1%), from €22,098 to €1,090
mainly Net result for the year (-€14,082) and Investment in fixed assets (net) (-€10,004)
- Tangible fixed assets +€8,297
up €8,297 (+1,098%), from €755 to €9,052
of which Furniture and vehicles: +€8,473
- Receivables within one year -€1,161
down €1,161 (-3.1%), from €37,645 to €36,483
of which Other amounts receivable: -€626
- Reserves -€14,082
down €14,082 (-27.0%), from €52,228 to €38,146
- Gross operating margin -€40,160
down €40,160, from €27,778 to -€12,382
- Taxes -€5,828
no longer reported in 2025 (was €5,828)
- Depreciation +€1,579
up €1,579 (+1,232%), from €128 to €1,707
- Financial charges +€1,221
up €1,221 (+276%), from €442 to €1,663
- Financial income +€717
up €717 (+59.1%), from €1,214 to €1,931
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 | €60,498 | €46,625 | -€13,873 | -22.9% |
| Fixed assets | 21/28 | €755 | €9,052 | +€8,297 | +1,098% |
| Tangible fixed assets | 22/27 | €755 | €9,052 | +€8,297 | +1,098% |
| Plant, machinery and equipment | 23 | €755 | €579 | -€177 | -23.4% |
| Furniture and vehicles | 24 | - | €8,473 | +€8,473 | |
| Current assets | 29/58 | €59,743 | €37,573 | -€22,170 | -37.1% |
| Amounts receivable within one year | 40/41 | €37,645 | €36,483 | -€1,161 | -3.1% |
| Trade receivables | 40 | €535 | - | -€535 | |
| Other amounts receivable | 41 | €37,110 | €36,483 | -€626 | -1.7% |
| Cash at bank and in hand | 54/58 | €22,098 | €1,090 | -€21,008 | -95.1% |
| Total equity and liabilities | 10/49 | €60,498 | €46,625 | -€13,873 | -22.9% |
| Equity | 10/15 | €54,228 | €40,146 | -€14,082 | -26.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €52,228 | €38,146 | -€14,082 | -27.0% |
| Distributable reserves | 133 | €52,228 | €38,146 | -€14,082 | -27.0% |
| Amounts payable | 17/49 | €6,270 | €6,479 | +€209 | +3.3% |
| Amounts payable within one year | 42/48 | €6,270 | €6,479 | +€209 | +3.3% |
| Trade debts | 44 | €442 | €651 | +€209 | +47.2% |
| Suppliers | 440/4 | €442 | €651 | +€209 | +47.2% |
| Taxes, remuneration and social security | 45 | €5,828 | €5,828 | = | 0.0% |
| Taxes | 450/3 | €5,828 | €5,828 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128 | €1,707 | +€1,579 | +1,232% |
| Other operating charges | 640/8 | €860 | €261 | -€599 | -69.7% |
| Gross operating margin | 9900 | €27,778 | -€12,382 | -€40,160 | |
| Operating profit (loss) | 9901 | €26,789 | -€14,350 | -€41,140 | |
| Financial income | 75/76B | €1,214 | €1,931 | +€717 | +59.1% |
| Recurring financial income | 75 | €1,214 | €1,931 | +€717 | +59.1% |
| Financial charges | 65/66B | €442 | €1,663 | +€1,221 | +276% |
| Recurring financial charges | 65 | €442 | €1,663 | +€1,221 | +276% |
| Profit (loss) for the period before taxes | 9903 | €27,562 | -€14,082 | -€41,643 | |
| Income taxes | 67/77 | €5,828 | - | -€5,828 | |
| Profit (loss) for the period | 9904 | €21,733 | -€14,082 | -€35,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,733 | -€14,082 | -€35,815 |
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 4 November 2026 via checked.be.