OBO BETTERMANN: 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.
What changed
OBO BETTERMANN
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €3.1m-€1.7m
Equity
€8.9m
2024 · €7.5m+€1.3m
Cash
€714,415
2024 · €601,443+€112,972
Balance sheet total
€12.2m
2024 · €12.6m-€408,226
Largest movements
Assets
- Tangible fixed assets -€286,005
down €286,005 (-3.5%), from €8.1m to €7.8m
of which Land and buildings: -€218,390
- Receivables within one year -€273,679
down €273,679 (-18.2%), from €1.5m to €1.2m
of which Trade receivables: -€230,028
Equity and liabilities
- Profit (loss) carried forward +€1.4m
up €1.4m (+31.9%), from €4.5m to €5.9m
- Debts after one year -€1.0m
down €1.0m (-80.0%), from €1.3m to €250,000
- Trade debts -€746,734
down €746,734 (-41.3%), from €1.8m to €1.1m
Income statement
- Goods and materials -€1.8m
down €1.8m (-11.5%), from €15.5m to €13.7m
of which Purchases: -€2.3m
- Services and other goods +€1.3m
up €1.3m (+59.6%), from €2.2m to €3.5m
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.
Result 2024
€3.1m
Turnover
+€37,325
Other operating income
-€49,906
Goods and materials
+€1.8m
Services and other goods
-€1.3m
Staff costs
-€57,959
Depreciation
-€79,851
Write-downs
+€31,642
Other operating charges
+€8,565
Other operating items
-€2.8m
Financial income
-€993
Financial charges
+€104,727
Taxes
-€124,459
Deferred taxes and other
+€686,853
Result 2025
€1.3m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.3m
Investment
-€194,379
Financing
-€1.0m
Cash 2024
€601,443
From operations (derived)
+€1.3m
Net result for the year
+€1.3m
Depreciation
+€484,653
Receivables after one year
+€3,600
Stocks and contracts
-€27,810
Receivables within one year
+€273,679
Deferred charges and accrued income
-€18,545
Provisions
-€34,926
Trade debts
-€746,734
Tax, wage and social debts
+€78,966
Other debts
-€30,903
Investment (derived)
-€194,379
Investment in fixed assets (net)
-€194,379
Financing
-€1.0m
Debts after one year
-€1.0m
Cash 2025
€714,415
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,577,147 | €12,168,920 | -€408,226 | -3.2% |
| Fixed assets | 21/28 | €8,084,106 | €7,793,832 | -€290,274 | -3.6% |
| Intangible fixed assets | 21 | €8,979 | €4,710 | -€4,269 | -47.5% |
| Tangible fixed assets | 22/27 | €8,075,127 | €7,789,122 | -€286,005 | -3.5% |
| Land and buildings | 22 | €7,309,399 | €7,091,009 | -€218,390 | -3.0% |
| Plant, machinery and equipment | 23 | €363,338 | €369,096 | +€5,758 | +1.6% |
| Furniture and vehicles | 24 | €387,606 | €329,017 | -€58,589 | -15.1% |
| Assets under construction and advance payments | 27 | €14,784 | - | -€14,784 | |
| Current assets | 29/58 | €4,493,040 | €4,375,088 | -€117,952 | -2.6% |
| Amounts receivable after more than one year | 29 | €5,200 | €1,600 | -€3,600 | -69.2% |
| Other amounts receivable | 291 | €5,200 | €1,600 | -€3,600 | -69.2% |
| Stocks and contracts in progress | 3 | €2,340,182 | €2,367,991 | +€27,810 | +1.2% |
| Stocks | 30/36 | €2,340,182 | €2,367,991 | +€27,810 | +1.2% |
| Goods purchased for resale | 34 | €2,340,182 | €2,367,991 | +€27,810 | +1.2% |
| Amounts receivable within one year | 40/41 | €1,503,459 | €1,229,780 | -€273,679 | -18.2% |
| Trade receivables | 40 | €1,448,013 | €1,217,985 | -€230,028 | -15.9% |
| Other amounts receivable | 41 | €55,446 | €11,795 | -€43,651 | -78.7% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €601,443 | €714,415 | +€112,972 | +18.8% |
| Deferred charges and accrued income | 490/1 | €42,757 | €61,302 | +€18,545 | +43.4% |
| Total equity and liabilities | 10/49 | €12,577,147 | €12,168,920 | -€408,226 | -3.2% |
| Equity | 10/15 | €7,537,403 | €8,862,774 | +€1.3m | +17.6% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €2,055,779 | €1,951,000 | -€104,779 | -5.1% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,955,779 | €1,851,000 | -€104,779 | -5.4% |
| Profit (loss) carried forward | 14 | €4,481,625 | €5,911,774 | +€1.4m | +31.9% |
| Provisions and deferred taxes | 16 | €651,926 | €617,000 | -€34,926 | -5.4% |
| Deferred taxes | 168 | €651,926 | €617,000 | -€34,926 | -5.4% |
| Amounts payable | 17/49 | €4,387,817 | €2,689,146 | -€1.7m | -38.7% |
| Amounts payable after more than one year | 17 | €1,250,000 | €250,000 | -€1.0m | -80.0% |
| Financial debts | 170/4 | €1,250,000 | €250,000 | -€1.0m | -80.0% |
| Other loans | 174 | €1,250,000 | €250,000 | -€1.0m | -80.0% |
| Amounts payable within one year | 42/48 | €3,137,817 | €2,439,146 | -€698,671 | -22.3% |
| Trade debts | 44 | €1,808,574 | €1,061,841 | -€746,734 | -41.3% |
| Suppliers | 440/4 | €1,808,574 | €1,061,841 | -€746,734 | -41.3% |
| Taxes, remuneration and social security | 45 | €298,340 | €377,306 | +€78,966 | +26.5% |
| Taxes | 450/3 | €130,122 | €223,474 | +€93,352 | +71.7% |
| Remuneration and social security | 454/9 | €168,218 | €153,832 | -€14,386 | -8.6% |
| Other amounts payable | 47/48 | €1,030,903 | €1,000,000 | -€30,903 | -3.0% |
| Operating income | 70/76A | €24,784,461 | €21,980,165 | -€2.8m | -11.3% |
| Turnover | 70 | €21,767,597 | €21,804,922 | +€37,325 | +0.2% |
| Other operating income | 74 | €222,757 | €172,851 | -€49,906 | -22.4% |
| Non-recurring operating income | 76A | €2,794,106 | €2,392 | -€2.8m | -99.9% |
| Operating charges | 60/66A | €20,052,928 | €19,663,451 | -€389,477 | -1.9% |
| Goods for resale, raw materials and consumables | 60 | €15,495,552 | €13,708,776 | -€1.8m | -11.5% |
| Purchases | 600/8 | €16,053,008 | €13,736,586 | -€2.3m | -14.4% |
| Change in stocks: decrease (increase) | 609 | -€557,456 | -€27,810 | +€529,646 | +95.0% |
| Services and other goods | 61 | €2,194,983 | €3,502,577 | +€1.3m | +59.6% |
| Remuneration, social security and pensions | 62 | €1,892,991 | €1,950,950 | +€57,959 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €404,801 | €484,653 | +€79,851 | +19.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,992 | -€21,650 | -€31,642 | |
| Other operating charges | 640/8 | €46,710 | €38,145 | -€8,565 | -18.3% |
| Non-recurring operating charges | 66A | €7,900 | - | -€7,900 | |
| Operating profit (loss) | 9901 | €4,731,533 | €2,316,714 | -€2.4m | -51.0% |
| Financial income | 75/76B | €7,473 | €6,480 | -€993 | -13.3% |
| Recurring financial income | 75 | €7,473 | €6,480 | -€993 | -13.3% |
| Income from current assets | 751 | €3,090 | €1,581 | -€1,510 | -48.9% |
| Other financial income | 752/9 | €4,383 | €4,899 | +€516 | +11.8% |
| Financial charges | 65/66B | €608,167 | €503,441 | -€104,727 | -17.2% |
| Recurring financial charges | 65 | €608,167 | €503,441 | -€104,727 | -17.2% |
| Debt charges | 650 | €195,267 | €95,253 | -€100,014 | -51.2% |
| Other financial charges | 652/9 | €412,901 | €408,187 | -€4,713 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €4,130,839 | €1,819,754 | -€2.3m | -55.9% |
| Transfer from deferred taxes | 780 | €46,600 | €34,926 | -€11,674 | -25.1% |
| Transfer to deferred taxes | 680 | €698,527 | - | -€698,527 | |
| Income taxes | 67/77 | €404,850 | €529,309 | +€124,459 | +30.7% |
| Taxes | 670/3 | €404,850 | €529,356 | +€124,506 | +30.8% |
| Tax adjustments and reversals of tax provisions | 77 | - | €47 | +€47 | |
| Profit (loss) for the period | 9904 | €3,074,063 | €1,325,371 | -€1.7m | -56.9% |
| Transfer from tax-exempt reserves | 789 | €139,801 | €104,779 | -€35,022 | -25.1% |
| Transfer to tax-exempt reserves | 689 | €2,095,580 | - | -€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,118,284 | €1,430,150 | +€311,866 | +27.9% |
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 16 October 2026 via checked.be.