OBJECTIV SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets -€12,867
down €12,867 (-11.0%), from €116,668 to €103,801
- Receivables within one year -€12,386
down €12,386 (-24.6%), from €50,355 to €37,969
of which Trade receivables: -€11,078
- Cash -€9,261
down €9,261 (-68.9%), from €13,442 to €4,181
mainly Trade debts (-€158,257) and Short-term financial debts (-€130,995)
- Other debts +€299,574
up €299,574 (+93.0%), from €322,088 to €621,663
- Trade debts -€158,257
down €158,257 (-97.4%), from €162,435 to €4,178
- Short-term financial debts -€130,995
down €130,995 (-89.1%), from €147,004 to €16,009
of which Other loans: -€147,004
- Profit (loss) carried forward -€43,031
down €43,031 (-6.0%), from -€718,555 to -€761,586
- Debts after one year -€1,892
down €1,892 (-100.0%), from €1,892 to €0
- Turnover -€75,853
no longer reported in 2024 (was €75,853)
- Purchases and services -€60,104
no longer reported in 2024 (was €60,104)
- Gross operating margin -€25,034
down €25,034, from €15,749 to -€9,285
- Financial charges +€8,519
up €8,519 (+735.4%), from €1,158 to €9,678
- Other operating charges +€1,007
up €1,007 (+14.7%), from €6,841 to €7,847
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 | €180,465 | €145,951 | -€34,514 | -19.1% |
| Fixed assets | 21/28 | €116,668 | €103,801 | -€12,867 | -11.0% |
| Tangible fixed assets | 22/27 | €116,668 | €103,801 | -€12,867 | -11.0% |
| Land and buildings | 22 | €96,635 | €90,737 | -€5,898 | -6.1% |
| Plant, machinery and equipment | 23 | €4,933 | €4,064 | -€869 | -17.6% |
| Furniture and vehicles | 24 | €15,100 | €9,000 | -€6,100 | -40.4% |
| Current assets | 29/58 | €63,797 | €42,150 | -€21,647 | -33.9% |
| Amounts receivable within one year | 40/41 | €50,355 | €37,969 | -€12,386 | -24.6% |
| Trade receivables | 40 | €49,047 | €37,969 | -€11,078 | -22.6% |
| Other amounts receivable | 41 | €1,308 | €0 | -€1,308 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,442 | €4,181 | -€9,261 | -68.9% |
| Total equity and liabilities | 10/49 | €180,465 | €145,951 | -€34,514 | -19.1% |
| Equity | 10/15 | -€452,955 | -€495,986 | -€43,031 | -9.5% |
| Contributions | 10/11 | €265,600 | €265,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€718,555 | -€761,586 | -€43,031 | -6.0% |
| Amounts payable | 17/49 | €633,420 | €641,937 | +€8,517 | +1.3% |
| Amounts payable after more than one year | 17 | €1,892 | €0 | -€1,892 | -100.0% |
| Financial debts | 170/4 | €1,892 | €0 | -€1,892 | -100.0% |
| Amounts payable within one year | 42/48 | €631,528 | €641,937 | +€10,410 | +1.6% |
| Financial debts | 43 | €147,004 | €16,009 | -€130,995 | -89.1% |
| Credit institutions | 430/8 | - | €16,009 | +€16,009 | |
| Other loans | 439 | €147,004 | €0 | -€147,004 | -100.0% |
| Trade debts | 44 | €162,435 | €4,178 | -€158,257 | -97.4% |
| Suppliers | 440/4 | €162,435 | €4,178 | -€158,257 | -97.4% |
| Taxes, remuneration and social security | 45 | - | €88 | +€88 | |
| Taxes | 450/3 | - | €88 | +€88 | |
| Other amounts payable | 47/48 | €322,088 | €621,663 | +€299,574 | +93.0% |
| Turnover | 70 | €75,853 | - | -€75,853 | |
| Goods, raw materials, services and sundry goods | 60/61 | €60,104 | - | -€60,104 | |
| Remuneration, social security and pensions | 62 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,749 | €16,021 | +€272 | +1.7% |
| Other operating charges | 640/8 | €6,841 | €7,847 | +€1,007 | +14.7% |
| Gross operating margin | 9900 | €15,749 | -€9,285 | -€25,034 | |
| Operating profit (loss) | 9901 | -€6,841 | -€33,353 | -€26,512 | -387.6% |
| Financial charges | 65/66B | €1,158 | €9,678 | +€8,519 | +735.4% |
| Recurring financial charges | 65 | €1,158 | €9,678 | +€8,519 | +735.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,999 | -€43,031 | -€35,032 | -437.9% |
| Profit (loss) for the period | 9904 | -€7,999 | -€43,031 | -€35,032 | -437.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,999 | -€43,031 | -€35,032 | -437.9% |
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 28 September 2026 via checked.be.