OBM Projects: 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.
OBM Projects
Largest movements
- Cash +€8,519
up €8,519 (+244%), from €3,495 to €12,014
mainly Receivables within one year (+€6,760) and Depreciation (+€3,783)
- Receivables within one year -€6,760
down €6,760 (-22.0%), from €30,681 to €23,922
- Tangible fixed assets -€3,783
down €3,783 (-27.8%), from €13,588 to €9,805
- Other debts -€7,560
no longer reported in 2025 (was €7,560)
- Profit (loss) carried forward +€3,447
up €3,447 (+4.7%), from -€72,596 to -€69,149
- Debts after one year +€2,114
up €2,114 (+2.3%), from €92,254 to €94,368
- Gross operating margin -€4,770
down €4,770 (-32.4%), from €14,709 to €9,939
- Taxes +€790
up €790 (+52.5%), from €1,504 to €2,294
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 | €52,052 | €49,811 | -€2,241 | -4.3% |
| Fixed assets | 21/28 | €13,588 | €9,805 | -€3,783 | -27.8% |
| Tangible fixed assets | 22/27 | €13,588 | €9,805 | -€3,783 | -27.8% |
| Furniture and vehicles | 24 | €13,588 | €9,805 | -€3,783 | -27.8% |
| Current assets | 29/58 | €38,465 | €40,006 | +€1,541 | +4.0% |
| Stocks and contracts in progress | 3 | €4,288 | €4,070 | -€218 | -5.1% |
| Stocks | 30/36 | €4,288 | €4,070 | -€218 | -5.1% |
| Amounts receivable within one year | 40/41 | €30,681 | €23,922 | -€6,760 | -22.0% |
| Trade receivables | 40 | €30,681 | €23,922 | -€6,760 | -22.0% |
| Cash at bank and in hand | 54/58 | €3,495 | €12,014 | +€8,519 | +244% |
| Total equity and liabilities | 10/49 | €52,052 | €49,811 | -€2,241 | -4.3% |
| Equity | 10/15 | -€52,145 | -€48,698 | +€3,447 | +6.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,596 | -€69,149 | +€3,447 | +4.7% |
| Amounts payable | 17/49 | €104,197 | €98,508 | -€5,689 | -5.5% |
| Amounts payable after more than one year | 17 | €92,254 | €94,368 | +€2,114 | +2.3% |
| Financial debts | 170/4 | €92,254 | €94,368 | +€2,114 | +2.3% |
| Amounts payable within one year | 42/48 | €11,944 | €4,141 | -€7,803 | -65.3% |
| Trade debts | 44 | €427 | €637 | +€210 | +49.3% |
| Suppliers | 440/4 | €427 | €637 | +€210 | +49.3% |
| Taxes, remuneration and social security | 45 | €3,957 | €3,504 | -€453 | -11.4% |
| Taxes | 450/3 | €3,957 | €3,504 | -€453 | -11.4% |
| Other amounts payable | 47/48 | €7,560 | - | -€7,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,783 | €3,783 | = | 0.0% |
| Other operating charges | 640/8 | €203 | €153 | -€50 | -24.5% |
| Gross operating margin | 9900 | €14,709 | €9,939 | -€4,770 | -32.4% |
| Operating profit (loss) | 9901 | €10,723 | €6,003 | -€4,720 | -44.0% |
| Financial charges | 65/66B | €318 | €261 | -€57 | -17.8% |
| Recurring financial charges | 65 | €318 | €261 | -€57 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €10,405 | €5,742 | -€4,663 | -44.8% |
| Income taxes | 67/77 | €1,504 | €2,294 | +€790 | +52.5% |
| Profit (loss) for the period | 9904 | €8,901 | €3,447 | -€5,453 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,901 | €3,447 | -€5,453 | -61.3% |
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 13 October 2026 via checked.be.