OBOLEX: 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.
OBOLEX
Largest movements
- Tangible fixed assets +€9,943
up €9,943 (+117.1%), from €8,494 to €18,437
of which Furniture and vehicles: +€6,310
- Cash -€8,649
down €8,649 (-27.8%), from €31,124 to €22,475
mainly Investment in fixed assets (net) (-€12,364) and Other debts (-€8,316)
- Receivables within one year +€2,030
up €2,030 (+233.6%), from €869 to €2,898
of which Other amounts receivable: +€2,741
- Reserves +€11,825
up €11,825 (+51.6%), from €22,909 to €34,735
- Other debts -€8,316
down €8,316 (-72.6%), from €11,456 to €3,139
- Tax, wage and social debts -€562
down €562 (-16.9%), from €3,330 to €2,768
- Gross operating margin -€11,961
down €11,961 (-38.1%), from €31,362 to €19,402
- Taxes -€2,741
down €2,741 (-40.1%), from €6,844 to €4,103
- Depreciation +€1,966
up €1,966 (+431.8%), from €455 to €2,421
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.
Cash bridge derived
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 | €40,864 | €43,811 | +€2,947 | +7.2% |
| Fixed assets | 21/28 | €8,494 | €18,437 | +€9,943 | +117.1% |
| Tangible fixed assets | 22/27 | €8,494 | €18,437 | +€9,943 | +117.1% |
| Land and buildings | 22 | €5,740 | €5,544 | -€196 | -3.4% |
| Plant, machinery and equipment | 23 | - | €3,829 | +€3,829 | |
| Furniture and vehicles | 24 | €2,754 | €9,064 | +€6,310 | +229.1% |
| Current assets | 29/58 | €32,370 | €25,374 | -€6,996 | -21.6% |
| Amounts receivable within one year | 40/41 | €869 | €2,898 | +€2,030 | +233.6% |
| Trade receivables | 40 | €711 | - | -€711 | |
| Other amounts receivable | 41 | €157 | €2,898 | +€2,741 | +1742.7% |
| Cash at bank and in hand | 54/58 | €31,124 | €22,475 | -€8,649 | -27.8% |
| Deferred charges and accrued income | 490/1 | €377 | - | -€377 | |
| Total equity and liabilities | 10/49 | €40,864 | €43,811 | +€2,947 | +7.2% |
| Equity | 10/15 | €25,909 | €37,735 | +€11,825 | +45.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,909 | €34,735 | +€11,825 | +51.6% |
| Distributable reserves | 133 | €22,909 | €34,735 | +€11,825 | +51.6% |
| Amounts payable | 17/49 | €14,954 | €6,076 | -€8,878 | -59.4% |
| Amounts payable within one year | 42/48 | €14,954 | €6,076 | -€8,878 | -59.4% |
| Trade debts | 44 | €168 | €169 | +€0 | +0.1% |
| Suppliers | 440/4 | €168 | €169 | +€0 | +0.1% |
| Taxes, remuneration and social security | 45 | €3,330 | €2,768 | -€562 | -16.9% |
| Taxes | 450/3 | €3,330 | €2,768 | -€562 | -16.9% |
| Other amounts payable | 47/48 | €11,456 | €3,139 | -€8,316 | -72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €455 | €2,421 | +€1,966 | +431.8% |
| Other operating charges | 640/8 | €211 | €66 | -€145 | -68.9% |
| Gross operating margin | 9900 | €31,362 | €19,402 | -€11,961 | -38.1% |
| Operating profit (loss) | 9901 | €30,696 | €16,915 | -€13,781 | -44.9% |
| Financial charges | 65/66B | €109 | €153 | +€44 | +40.2% |
| Recurring financial charges | 65 | €109 | €153 | +€44 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €30,586 | €16,761 | -€13,825 | -45.2% |
| Income taxes | 67/77 | €6,844 | €4,103 | -€2,741 | -40.1% |
| Profit (loss) for the period | 9904 | €23,742 | €12,658 | -€11,084 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,742 | €12,658 | -€11,084 | -46.7% |
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 1 October 2026 via checked.be.