OBONBOUCHER: 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.
OBONBOUCHER
Largest movements
- Tangible fixed assets -€38,203
down €38,203 (-17.3%), from €221,419 to €183,216
of which Other tangible fixed assets: -€22,117
- Stocks and contracts +€4,305
up €4,305 (+41.1%), from €10,481 to €14,786
- Cash +€2,985
up €2,985 (+14.7%), from €20,364 to €23,349
mainly Trade debts (+€44,256) and Depreciation (+€38,203)
- Trade debts +€44,256
up €44,256 (+92.0%), from €48,097 to €92,354
- Debts after one year -€38,808
down €38,808 (-23.9%), from €162,048 to €123,240
- Profit (loss) carried forward -€37,577
down €37,577 (-88.3%), from -€42,573 to -€80,150
- Current portion of long-term debt +€2,840
up €2,840 (+7.9%), from €35,969 to €38,808
- Gross operating margin -€17,838
down €17,838 (-12.6%), from €141,924 to €124,086
- Depreciation +€2,214
up €2,214 (+6.2%), from €35,989 to €38,203
- Financial income -€1,576
down €1,576 (-97.9%), from €1,610 to €34
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 | €266,308 | €237,628 | -€28,680 | -10.8% |
| Fixed assets | 21/28 | €221,419 | €183,216 | -€38,203 | -17.3% |
| Tangible fixed assets | 22/27 | €221,419 | €183,216 | -€38,203 | -17.3% |
| Plant, machinery and equipment | 23 | €9,215 | €6,115 | -€3,100 | -33.6% |
| Furniture and vehicles | 24 | €50,513 | €37,527 | -€12,986 | -25.7% |
| Other tangible fixed assets | 26 | €161,691 | €139,574 | -€22,117 | -13.7% |
| Current assets | 29/58 | €44,889 | €54,412 | +€9,523 | +21.2% |
| Stocks and contracts in progress | 3 | €10,481 | €14,786 | +€4,305 | +41.1% |
| Stocks | 30/36 | €10,481 | €14,786 | +€4,305 | +41.1% |
| Amounts receivable within one year | 40/41 | €8,796 | €10,084 | +€1,288 | +14.6% |
| Trade receivables | 40 | €7,715 | €8,895 | +€1,181 | +15.3% |
| Other amounts receivable | 41 | €1,081 | €1,189 | +€108 | +10.0% |
| Cash at bank and in hand | 54/58 | €20,364 | €23,349 | +€2,985 | +14.7% |
| Deferred charges and accrued income | 490/1 | €5,249 | €6,193 | +€944 | +18.0% |
| Total equity and liabilities | 10/49 | €266,308 | €237,628 | -€28,680 | -10.8% |
| Equity | 10/15 | -€22,173 | -€59,750 | -€37,577 | -169.5% |
| Contributions | 10/11 | €20,400 | €20,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,573 | -€80,150 | -€37,577 | -88.3% |
| Amounts payable | 17/49 | €288,482 | €297,378 | +€8,896 | +3.1% |
| Amounts payable after more than one year | 17 | €162,048 | €123,240 | -€38,808 | -23.9% |
| Financial debts | 170/4 | €162,048 | €123,240 | -€38,808 | -23.9% |
| Amounts payable within one year | 42/48 | €126,433 | €174,138 | +€47,705 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €35,969 | €38,808 | +€2,840 | +7.9% |
| Trade debts | 44 | €48,097 | €92,354 | +€44,256 | +92.0% |
| Suppliers | 440/4 | €48,097 | €92,354 | +€44,256 | +92.0% |
| Taxes, remuneration and social security | 45 | €26,080 | €26,805 | +€725 | +2.8% |
| Taxes | 450/3 | €3,436 | €2,397 | -€1,040 | -30.3% |
| Remuneration and social security | 454/9 | €22,643 | €24,408 | +€1,765 | +7.8% |
| Other amounts payable | 47/48 | €16,287 | €16,171 | -€116 | -0.7% |
| Remuneration, social security and pensions | 62 | €118,321 | €117,743 | -€578 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,989 | €38,203 | +€2,214 | +6.2% |
| Other operating charges | 640/8 | €2,207 | €1,586 | -€621 | -28.2% |
| Gross operating margin | 9900 | €141,924 | €124,086 | -€17,838 | -12.6% |
| Operating profit (loss) | 9901 | -€14,594 | -€33,446 | -€18,852 | -129.2% |
| Financial income | 75/76B | €1,610 | €34 | -€1,576 | -97.9% |
| Recurring financial income | 75 | €1,610 | €34 | -€1,576 | -97.9% |
| Financial charges | 65/66B | €4,383 | €4,164 | -€219 | -5.0% |
| Recurring financial charges | 65 | €4,383 | €4,164 | -€219 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,367 | -€37,577 | -€20,210 | -116.4% |
| Profit (loss) for the period | 9904 | -€17,367 | -€37,577 | -€20,210 | -116.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,367 | -€37,577 | -€20,210 | -116.4% |
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 3 October 2026 via checked.be.