OBLIVION: what changed
Two financial 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.
OBLIVION
Largest movements
- Receivables within one year +€153,592
up €153,592 (+106%), from €145,308 to €298,900
of which Other amounts receivable: +€153,685
- Cash -€132,876
down €132,876 (-49.9%), from €266,507 to €133,631
mainly Receivables within one year (-€153,592) and Net result for the year (-€101,780)
- Tangible fixed assets -€48,565
down €48,565 (-39.5%), from €122,901 to €74,337
of which Plant, machinery and equipment: -€65,705
- Stocks and contracts -€27,287
down €27,287 (-48.5%), from €56,259 to €28,971
- Profit (loss) carried forward -€101,780
down €101,780, from €46,663 to -€55,117
- Trade debts +€97,167
up €97,167 (+63.9%), from €152,048 to €249,216
- Current portion of long-term debt -€60,528
down €60,528 (-96.4%), from €62,757 to €2,229
- Gross operating margin -€306,668
down €306,668 (-40.6%), from €754,527 to €447,859
- Depreciation -€143,543
down €143,543 (-65.3%), from €219,760 to €76,217
- Taxes -€12,141
down €12,141 (-100%), from €12,141 to €0
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.
Derived cash bridge
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 | €618,751 | €561,143 | -€57,608 | -9.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €122,901 | €74,337 | -€48,565 | -39.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €122,901 | €74,337 | -€48,565 | -39.5% |
| Plant, machinery and equipment | 23 | €109,075 | €43,370 | -€65,705 | -60.2% |
| Furniture and vehicles | 24 | €13,826 | €30,966 | +€17,140 | +124% |
| Current assets | 29/58 | €495,850 | €486,807 | -€9,044 | -1.8% |
| Stocks and contracts in progress | 3 | €56,259 | €28,971 | -€27,287 | -48.5% |
| Stocks | 30/36 | €56,259 | €28,971 | -€27,287 | -48.5% |
| Amounts receivable within one year | 40/41 | €145,308 | €298,900 | +€153,592 | +106% |
| Trade receivables | 40 | €170 | €77 | -€93 | -54.8% |
| Other amounts receivable | 41 | €145,138 | €298,823 | +€153,685 | +106% |
| Cash at bank and in hand | 54/58 | €266,507 | €133,631 | -€132,876 | -49.9% |
| Deferred charges and accrued income | 490/1 | €27,777 | €25,304 | -€2,473 | -8.9% |
| Total equity and liabilities | 10/49 | €618,751 | €561,143 | -€57,608 | -9.3% |
| Equity | 10/15 | €336,663 | €234,883 | -€101,780 | -30.2% |
| Contributions | 10/11 | €290,000 | €290,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,663 | -€55,117 | -€101,780 | |
| Amounts payable | 17/49 | €282,089 | €326,261 | +€44,172 | +15.7% |
| Amounts payable after more than one year | 17 | €2,229 | €0 | -€2,229 | -100% |
| Financial debts | 170/4 | €2,229 | €0 | -€2,229 | -100% |
| Amounts payable within one year | 42/48 | €279,859 | €321,822 | +€41,963 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €62,757 | €2,229 | -€60,528 | -96.4% |
| Trade debts | 44 | €152,048 | €249,216 | +€97,167 | +63.9% |
| Suppliers | 440/4 | €152,048 | €249,216 | +€97,167 | +63.9% |
| Taxes, remuneration and social security | 45 | €64,005 | €69,395 | +€5,389 | +8.4% |
| Taxes | 450/3 | €3,130 | €381 | -€2,749 | -87.8% |
| Remuneration and social security | 454/9 | €60,875 | €69,013 | +€8,138 | +13.4% |
| Other amounts payable | 47/48 | €1,049 | €983 | -€66 | -6.3% |
| Accrued charges and deferred income | 492/3 | €0 | €4,438 | +€4,438 | |
| Remuneration, social security and pensions | 62 | €468,459 | €463,890 | -€4,568 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,760 | €76,217 | -€143,543 | -65.3% |
| Other operating charges | 640/8 | €11,933 | €13,255 | +€1,322 | +11.1% |
| Gross operating margin | 9900 | €754,527 | €447,859 | -€306,668 | -40.6% |
| Operating profit (loss) | 9901 | €54,376 | -€105,502 | -€159,878 | |
| Financial income | 75/76B | €1,479 | €5,217 | +€3,738 | +253% |
| Recurring financial income | 75 | €1,479 | €5,217 | +€3,738 | +253% |
| Financial charges | 65/66B | €8,102 | €1,494 | -€6,608 | -81.6% |
| Recurring financial charges | 65 | €8,102 | €1,494 | -€6,608 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | €47,753 | -€101,780 | -€149,532 | |
| Income taxes | 67/77 | €12,141 | €0 | -€12,141 | -100% |
| Profit (loss) for the period | 9904 | €35,612 | -€101,780 | -€137,392 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,612 | -€101,780 | -€137,392 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.