OBIN: 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.
OBIN
Largest movements
- Receivables within one year -€190,584
down €190,584 (-26.8%), from €710,771 to €520,186
of which Other amounts receivable: -€112,643
- Tangible fixed assets -€65,218
down €65,218 (-5.3%), from €1.2m to €1.2m
of which Plant, machinery and equipment: -€48,958
- Cash +€41,971
up €41,971 (+53.9%), from €77,882 to €119,853
mainly Receivables within one year (+€190,584) and Depreciation (+€136,645)
- Trade debts -€149,679
down €149,679 (-31.4%), from €476,666 to €326,987
- Reserves +€52,571
up €52,571 (+6.2%), from €843,691 to €896,262
- Debts after one year -€35,397
down €35,397 (-3.7%), from €956,502 to €921,105
- Other debts -€31,566
down €31,566 (-8.2%), from €386,909 to €355,343
- Gross operating margin +€23,449
up €23,449 (+6.1%), from €383,445 to €406,894
- Taxes +€9,286
up €9,286 (+58.6%), from €15,839 to €25,125
- Other operating charges +€5,983
up €5,983 (+60.8%), from €9,834 to €15,817
- Depreciation +€5,050
up €5,050 (+3.8%), from €131,596 to €136,645
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 | €3,067,440 | €2,878,235 | -€189,204 | -6.2% |
| Fixed assets | 21/28 | €1,240,916 | €1,174,136 | -€66,780 | -5.4% |
| Intangible fixed assets | 21 | €11,325 | €9,763 | -€1,562 | -13.8% |
| Tangible fixed assets | 22/27 | €1,227,840 | €1,162,623 | -€65,218 | -5.3% |
| Land and buildings | 22 | €920,342 | €899,569 | -€20,773 | -2.3% |
| Plant, machinery and equipment | 23 | €241,258 | €192,301 | -€48,958 | -20.3% |
| Furniture and vehicles | 24 | €54,292 | €70,753 | +€16,461 | +30.3% |
| Leasing and similar rights | 25 | €11,948 | €0 | -€11,948 | -100.0% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €1,826,524 | €1,704,100 | -€122,425 | -6.7% |
| Stocks and contracts in progress | 3 | €1,027,174 | €1,053,752 | +€26,578 | +2.6% |
| Stocks | 30/36 | €1,027,174 | €1,053,752 | +€26,578 | +2.6% |
| Amounts receivable within one year | 40/41 | €710,771 | €520,186 | -€190,584 | -26.8% |
| Trade receivables | 40 | €524,505 | €446,563 | -€77,942 | -14.9% |
| Other amounts receivable | 41 | €186,266 | €73,624 | -€112,643 | -60.5% |
| Cash at bank and in hand | 54/58 | €77,882 | €119,853 | +€41,971 | +53.9% |
| Deferred charges and accrued income | 490/1 | €10,698 | €10,309 | -€389 | -3.6% |
| Total equity and liabilities | 10/49 | €3,067,440 | €2,878,235 | -€189,204 | -6.2% |
| Equity | 10/15 | €863,691 | €916,262 | +€52,571 | +6.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €843,691 | €896,262 | +€52,571 | +6.2% |
| Distributable reserves | 133 | €843,691 | €896,262 | +€52,571 | +6.2% |
| Amounts payable | 17/49 | €2,203,749 | €1,961,973 | -€241,776 | -11.0% |
| Amounts payable after more than one year | 17 | €956,502 | €921,105 | -€35,397 | -3.7% |
| Financial debts | 170/4 | €956,502 | €921,105 | -€35,397 | -3.7% |
| Amounts payable within one year | 42/48 | €1,246,694 | €1,040,365 | -€206,329 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €103,329 | €81,583 | -€21,746 | -21.0% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Other loans | 439 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €476,666 | €326,987 | -€149,679 | -31.4% |
| Suppliers | 440/4 | €476,666 | €326,987 | -€149,679 | -31.4% |
| Advances received on contracts in progress | 46 | €22 | €0 | -€22 | -100.0% |
| Taxes, remuneration and social security | 45 | €29,768 | €26,452 | -€3,316 | -11.1% |
| Taxes | 450/3 | €7,175 | €2,684 | -€4,491 | -62.6% |
| Remuneration and social security | 454/9 | €22,593 | €23,767 | +€1,175 | +5.2% |
| Other amounts payable | 47/48 | €386,909 | €355,343 | -€31,566 | -8.2% |
| Accrued charges and deferred income | 492/3 | €553 | €503 | -€50 | -9.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €129,051 | €127,761 | -€1,290 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,596 | €136,645 | +€5,050 | +3.8% |
| Other operating charges | 640/8 | €9,834 | €15,817 | +€5,983 | +60.8% |
| Gross operating margin | 9900 | €383,445 | €406,894 | +€23,449 | +6.1% |
| Operating profit (loss) | 9901 | €112,965 | €126,671 | +€13,706 | +12.1% |
| Financial income | 75/76B | €3,076 | €7,065 | +€3,989 | +129.7% |
| Recurring financial income | 75 | €3,076 | €7,065 | +€3,989 | +129.7% |
| Financial charges | 65/66B | €59,354 | €56,040 | -€3,313 | -5.6% |
| Recurring financial charges | 65 | €59,354 | €56,040 | -€3,313 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €56,687 | €77,696 | +€21,009 | +37.1% |
| Income taxes | 67/77 | €15,839 | €25,125 | +€9,286 | +58.6% |
| Profit (loss) for the period | 9904 | €40,848 | €52,571 | +€11,723 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,848 | €52,571 | +€11,723 | +28.7% |
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 5 October 2026 via checked.be.