OBJECTIF and Co: 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.
OBJECTIF and Co
Largest movements
- Receivables within one year -€10,257
down €10,257 (-25.7%), from €39,952 to €29,695
of which Trade receivables: -€10,165
- Intangible fixed assets -€6,000
down €6,000 (-50.0%), from €12,000 to €6,000
- Tangible fixed assets +€1,246
new in 2025: €1,246
- Cash +€709
up €709 (+7.4%), from €9,591 to €10,300
mainly Receivables within one year (+€10,257) and Investment in fixed assets (net) (+€4,754)
- Profit (loss) carried forward -€10,363
down €10,363 (-48.5%), from €21,358 to €10,995
- Trade debts -€2,401
down €2,401 (-20.6%), from €11,675 to €9,274
- Tax, wage and social debts -€1,249
down €1,249 (-29.4%), from €4,254 to €3,005
of which Taxes: -€1,234
- Other debts -€780
down €780 (-99.0%), from €788 to €8
- Gross operating margin -€24,207
down €24,207, from €21,558 to -€2,649
- Depreciation -€6,000
no longer reported in 2025 (was €6,000)
- Staff costs -€3,494
down €3,494 (-36.8%), from €9,494 to €6,000
- Taxes -€1,602
down €1,602, from €1,602 to -€0
- Other operating charges +€940
up €940 (+213.9%), from €439 to €1,379
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 | €62,035 | €47,241 | -€14,793 | -23.8% |
| Fixed assets | 21/28 | €12,000 | €7,246 | -€4,754 | -39.6% |
| Intangible fixed assets | 21 | €12,000 | €6,000 | -€6,000 | -50.0% |
| Tangible fixed assets | 22/27 | - | €1,246 | +€1,246 | |
| Furniture and vehicles | 24 | - | €1,246 | +€1,246 | |
| Current assets | 29/58 | €50,035 | €39,995 | -€10,039 | -20.1% |
| Amounts receivable within one year | 40/41 | €39,952 | €29,695 | -€10,257 | -25.7% |
| Trade receivables | 40 | €39,860 | €29,695 | -€10,165 | -25.5% |
| Other amounts receivable | 41 | €92 | - | -€92 | |
| Cash at bank and in hand | 54/58 | €9,591 | €10,300 | +€709 | +7.4% |
| Deferred charges and accrued income | 490/1 | €491 | - | -€491 | |
| Total equity and liabilities | 10/49 | €62,035 | €47,241 | -€14,793 | -23.8% |
| Equity | 10/15 | €45,318 | €34,955 | -€10,363 | -22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €5,360 | €5,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €21,358 | €10,995 | -€10,363 | -48.5% |
| Amounts payable | 17/49 | €16,716 | €12,286 | -€4,430 | -26.5% |
| Amounts payable within one year | 42/48 | €16,716 | €12,286 | -€4,430 | -26.5% |
| Trade debts | 44 | €11,675 | €9,274 | -€2,401 | -20.6% |
| Suppliers | 440/4 | €11,675 | €9,274 | -€2,401 | -20.6% |
| Taxes, remuneration and social security | 45 | €4,254 | €3,005 | -€1,249 | -29.4% |
| Taxes | 450/3 | €4,239 | €3,005 | -€1,234 | -29.1% |
| Remuneration and social security | 454/9 | €15 | - | -€15 | |
| Other amounts payable | 47/48 | €788 | €8 | -€780 | -99.0% |
| Remuneration, social security and pensions | 62 | €9,494 | €6,000 | -€3,494 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,000 | - | -€6,000 | |
| Other operating charges | 640/8 | €439 | €1,379 | +€940 | +213.9% |
| Gross operating margin | 9900 | €21,558 | -€2,649 | -€24,207 | |
| Operating profit (loss) | 9901 | €5,625 | -€10,027 | -€15,653 | |
| Financial income | 75/76B | €28 | €37 | +€10 | +35.5% |
| Recurring financial income | 75 | €28 | €37 | +€10 | +35.5% |
| Financial charges | 65/66B | €497 | €373 | -€124 | -24.9% |
| Recurring financial charges | 65 | €407 | €373 | -€34 | -8.3% |
| Non-recurring financial charges | 66B | €90 | - | -€90 | |
| Profit (loss) for the period before taxes | 9903 | €5,156 | -€10,363 | -€15,519 | |
| Income taxes | 67/77 | €1,602 | -€0 | -€1,602 | |
| Profit (loss) for the period | 9904 | €3,554 | -€10,363 | -€13,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,554 | -€10,363 | -€13,917 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.