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Objet AB: 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.

What changed

Objet AB

BE 0797.304.465
NACE 47.711, Retail sale of women's outerwear
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€52,828
2024 · -€73,815+€20,987
Equity
-€169,732
2024 · -€116,903-€52,828
Cash
€7,555
2024 · €6,113+€1,442
Balance sheet total
€308,582
2024 · €325,151-€16,569

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€11,688

    down €11,688 (-11.4%), from €102,089 to €90,401

    of which Other tangible fixed assets: -€11,370

  • Receivables within one year -€6,750

    no longer reported in 2025 (was €6,750)

Equity and liabilities
  • Other debts +€76,086

    up €76,086 (+61.5%), from €123,656 to €199,741

  • Profit (loss) carried forward -€52,828

    down €52,828 (-33.7%), from -€156,903 to -€209,732

  • Debts after one year -€22,353

    down €22,353 (-37.3%), from €59,864 to €37,511

  • Trade debts -€17,143

    down €17,143 (-19.2%), from €89,057 to €71,915

Income statement
  • Staff costs -€12,010

    down €12,010 (-41.5%), from €28,949 to €16,938

  • Gross operating margin +€6,406

    up €6,406 (+35.9%), from -€17,862 to -€11,456

  • Financial charges -€2,609

    down €2,609 (-19.2%), from €13,561 to €10,952

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€73,815
Gross operating margin +€6,406
Staff costs +€12,010
Depreciation -€24
Other operating charges -€15
Financial income +€0
Financial charges +€2,609
Result 2025 -€52,828

Cash bridge derived

cash 2024 to 2025

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.

From operations +€24,118
Investment -€1,384
Financing -€21,291
Cash 2024 €6,113
Net result for the year -€52,828
Depreciation +€13,072
Stocks and contracts -€743
Receivables within one year +€6,750
Deferred charges and accrued income +€316
Trade debts -€17,143
Tax, wage and social debts -€1,485
Other debts +€76,086
Accrued charges and deferred income +€93
Investment in fixed assets (net) -€1,384
Debts after one year -€22,353
Current portion of long-term debt +€1,062
Cash 2025 €7,555
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €325,151 €308,582 -€16,569 -5.1%
Fixed assets 21/28 €102,089 €90,401 -€11,688 -11.4%
Tangible fixed assets 22/27 €102,089 €90,401 -€11,688 -11.4%
Plant, machinery and equipment 23 €4,521 €3,225 -€1,296 -28.7%
Furniture and vehicles 24 €604 €1,582 +€978 +161.7%
Other tangible fixed assets 26 €96,963 €85,594 -€11,370 -11.7%
Current assets 29/58 €223,062 €218,181 -€4,881 -2.2%
Stocks and contracts in progress 3 €209,702 €210,444 +€743 +0.4%
Stocks 30/36 €209,702 €210,444 +€743 +0.4%
Amounts receivable within one year 40/41 €6,750 - -€6,750
Trade receivables 40 €6,750 - -€6,750
Cash at bank and in hand 54/58 €6,113 €7,555 +€1,442 +23.6%
Deferred charges and accrued income 490/1 €498 €182 -€316 -63.4%
Total equity and liabilities 10/49 €325,151 €308,582 -€16,569 -5.1%
Equity 10/15 -€116,903 -€169,732 -€52,828 -45.2%
Contributions 10/11 €40,000 €40,000 = 0.0%
Profit (loss) carried forward 14 -€156,903 -€209,732 -€52,828 -33.7%
Amounts payable 17/49 €442,054 €478,314 +€36,260 +8.2%
Amounts payable after more than one year 17 €59,864 €37,511 -€22,353 -37.3%
Financial debts 170/4 €59,864 €37,511 -€22,353 -37.3%
Amounts payable within one year 42/48 €380,402 €438,922 +€58,520 +15.4%
Current portion of amounts payable after more than one year 42 €23,109 €24,171 +€1,062 +4.6%
Financial debts 43 €125,000 €125,000 = 0.0%
Credit institutions 430/8 €125,000 €125,000 = 0.0%
Trade debts 44 €89,057 €71,915 -€17,143 -19.2%
Suppliers 440/4 €89,057 €71,915 -€17,143 -19.2%
Taxes, remuneration and social security 45 €19,580 €18,095 -€1,485 -7.6%
Taxes 450/3 €13,288 €12,284 -€1,004 -7.6%
Remuneration and social security 454/9 €6,292 €5,811 -€481 -7.6%
Other amounts payable 47/48 €123,656 €199,741 +€76,086 +61.5%
Accrued charges and deferred income 492/3 €1,788 €1,881 +€93 +5.2%
Remuneration, social security and pensions 62 €28,949 €16,938 -€12,010 -41.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,048 €13,072 +€24 +0.2%
Other operating charges 640/8 €396 €411 +€15 +3.8%
Gross operating margin 9900 -€17,862 -€11,456 +€6,406 +35.9%
Operating profit (loss) 9901 -€60,254 -€41,877 +€18,377 +30.5%
Financial income 75/76B €0 €0 +€0 +4200.0%
Recurring financial income 75 €0 €0 +€0 +4200.0%
Financial charges 65/66B €13,561 €10,952 -€2,609 -19.2%
Recurring financial charges 65 €13,561 €10,952 -€2,609 -19.2%
Profit (loss) for the period before taxes 9903 -€73,815 -€52,828 +€20,987 +28.4%
Profit (loss) for the period 9904 -€73,815 -€52,828 +€20,987 +28.4%
Profit (loss) for the period to be appropriated 9905 -€73,815 -€52,828 +€20,987 +28.4%

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 28 September 2026 via checked.be.