OBIPHAR: 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.
OBIPHAR
Largest movements
- Intangible fixed assets +€93,333
new in 2025: €93,333
- Cash +€3,401
up €3,401 (+2.9%), from €115,316 to €118,717
mainly Trade debts (+€100,000) and Depreciation (+€6,667)
- Trade debts +€100,000
new in 2025: €100,000
- Depreciation +€6,667
new in 2025: €6,667
- Gross operating margin -€3,412
down €3,412 (-35.0%), from €9,742 to €6,330
- Taxes -€2,218
no longer reported in 2025 (was €2,218)
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 | €120,068 | €218,848 | +€98,780 | +82.3% |
| Fixed assets | 21/28 | - | €93,333 | +€93,333 | |
| Intangible fixed assets | 21 | - | €93,333 | +€93,333 | |
| Current assets | 29/58 | €120,068 | €125,515 | +€5,447 | +4.5% |
| Amounts receivable within one year | 40/41 | €4,752 | €6,798 | +€2,046 | +43.1% |
| Other amounts receivable | 41 | €4,752 | €6,798 | +€2,046 | +43.1% |
| Cash at bank and in hand | 54/58 | €115,316 | €118,717 | +€3,401 | +2.9% |
| Total equity and liabilities | 10/49 | €120,068 | €218,848 | +€98,780 | +82.3% |
| Equity | 10/15 | €120,068 | €118,848 | -€1,220 | -1.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €4,399 | €4,399 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,399 | €4,399 | = | 0.0% |
| Legal reserve | 130 | €4,399 | €4,399 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,669 | €14,449 | -€1,220 | -7.8% |
| Amounts payable | 17/49 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | - | €100,000 | +€100,000 | |
| Bills of exchange payable | 441 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,667 | +€6,667 | |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €9,742 | €6,330 | -€3,412 | -35.0% |
| Operating profit (loss) | 9901 | €9,355 | -€737 | -€10,092 | |
| Financial charges | 65/66B | €483 | €483 | = | 0.0% |
| Recurring financial charges | 65 | €483 | €483 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €8,872 | -€1,220 | -€10,092 | |
| Income taxes | 67/77 | €2,218 | - | -€2,218 | |
| Profit (loss) for the period | 9904 | €6,654 | -€1,220 | -€7,874 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,654 | -€1,220 | -€7,874 |
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 3 October 2026 via checked.be.