OBJECTIV FINANCE: 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.
OBJECTIV FINANCE
Largest movements
- Cash -€22,609
down €22,609 (-99.8%), from €22,661 to €52
mainly Investment in fixed assets (net) (-€15,000) and Trade debts (-€12,288)
- Tangible fixed assets +€10,908
up €10,908 (+29.1%), from €37,443 to €48,351
of which Furniture and vehicles: +€13,984
- Trade debts -€12,288
down €12,288 (-95.4%), from €12,880 to €592
- Other debts +€10,329
up €10,329 (+3.2%), from €327,767 to €338,097
- Profit (loss) carried forward -€4,570
down €4,570 (-15.3%), from -€29,921 to -€34,491
- Turnover -€15,762
no longer reported in 2024 (was €15,762)
- Purchases and services -€12,756
no longer reported in 2024 (was €12,756)
- Gross operating margin -€3,323
down €3,323, from €3,006 to -€317
- Other operating charges -€549
down €549 (-100.0%), from €549 to €0
- Depreciation +€541
up €541 (+15.2%), from €3,551 to €4,092
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €334,242 | €326,198 | -€8,044 | -2.4% |
| Fixed assets | 21/28 | €37,443 | €48,351 | +€10,908 | +29.1% |
| Tangible fixed assets | 22/27 | €37,443 | €48,351 | +€10,908 | +29.1% |
| Land and buildings | 22 | €36,493 | €33,417 | -€3,076 | -8.4% |
| Furniture and vehicles | 24 | €950 | €14,934 | +€13,984 | +1472.0% |
| Current assets | 29/58 | €296,799 | €277,848 | -€18,952 | -6.4% |
| Amounts receivable within one year | 40/41 | €274,138 | €277,182 | +€3,044 | +1.1% |
| Trade receivables | 40 | - | €3,044 | +€3,044 | |
| Other amounts receivable | 41 | €274,138 | €274,138 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,661 | €52 | -€22,609 | -99.8% |
| Deferred charges and accrued income | 490/1 | - | €613 | +€613 | |
| Total equity and liabilities | 10/49 | €334,242 | €326,198 | -€8,044 | -2.4% |
| Equity | 10/15 | -€7,921 | -€12,491 | -€4,570 | -57.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100.0% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100.0% |
| Distributable reserves | 133 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | -€29,921 | -€34,491 | -€4,570 | -15.3% |
| Amounts payable | 17/49 | €342,163 | €338,689 | -€3,474 | -1.0% |
| Amounts payable within one year | 42/48 | €342,163 | €338,689 | -€3,474 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €1,515 | €0 | -€1,515 | -100.0% |
| Trade debts | 44 | €12,880 | €592 | -€12,288 | -95.4% |
| Suppliers | 440/4 | €12,880 | €592 | -€12,288 | -95.4% |
| Other amounts payable | 47/48 | €327,767 | €338,097 | +€10,329 | +3.2% |
| Turnover | 70 | €15,762 | - | -€15,762 | |
| Goods, raw materials, services and sundry goods | 60/61 | €12,756 | - | -€12,756 | |
| Remuneration, social security and pensions | 62 | €384 | €0 | -€384 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,551 | €4,092 | +€541 | +15.2% |
| Other operating charges | 640/8 | €549 | €0 | -€549 | -100.0% |
| Gross operating margin | 9900 | €3,006 | -€317 | -€3,323 | |
| Operating profit (loss) | 9901 | -€1,479 | -€4,410 | -€2,931 | -198.2% |
| Financial charges | 65/66B | €164 | €161 | -€4 | -2.2% |
| Recurring financial charges | 65 | €164 | €161 | -€4 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,643 | -€4,570 | -€2,927 | -178.2% |
| Profit (loss) for the period | 9904 | -€1,643 | -€4,570 | -€2,927 | -178.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,643 | -€4,570 | -€2,927 | -178.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.