OBRASSEURS: what changed
What changed
OBRASSEURS
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€163,921
2024 · -€121,602-€42,320
Equity
€332,801
2024 · €496,722-€163,921
Cash
€1,666
2024 · €8,302-€6,636
Balance sheet total
€1.7m
2024 · €1.6m+€25,527
Largest movements
Assets
- Tangible fixed assets +€32,135
up €32,135 (+2.0%), from €1.6m to €1.7m
of which Land and buildings: +€22,459
Equity and liabilities
- Debts after one year +€184,500
up €184,500 (+17.5%), from €1.1m to €1.2m
- Profit (loss) carried forward -€163,921
down €163,921 (-32.6%), from -€503,278 to -€667,199
Income statement
- Other operating charges +€21,893
up €21,893 (+1,844%), from €1,188 to €23,081
- Depreciation +€14,861
up €14,861 (+13.9%), from €106,759 to €121,621
- Gross operating margin -€5,500
down €5,500 (-40.7%), from -€13,524 to -€19,024
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€121,602
Gross operating margin
-€5,500
Depreciation
-€14,861
Other operating charges
-€21,893
Financial income
-€15
Financial charges
-€50
Result 2025
-€163,921
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€37,380
Investment
-€153,756
Financing
+€184,500
Cash 2024
€8,302
From operations (derived)
-€37,380
Net result for the year
-€163,921
Depreciation
+€121,621
Smaller working-capital items
-€180
Trade debts
+€5,100
Investment (derived)
-€153,756
Investment in fixed assets (net)
-€153,756
Financing
+€184,500
Debts after one year
+€184,500
Cash 2025
€1,666
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,631,497 | €1,657,024 | +€25,527 | +1.6% |
| Fixed assets | 21/28 | €1,621,270 | €1,653,405 | +€32,135 | +2.0% |
| Tangible fixed assets | 22/27 | €1,621,270 | €1,653,405 | +€32,135 | +2.0% |
| Land and buildings | 22 | €1,621,270 | €1,643,728 | +€22,459 | +1.4% |
| Furniture and vehicles | 24 | - | €9,677 | +€9,677 | |
| Current assets | 29/58 | €10,227 | €3,619 | -€6,609 | -64.6% |
| Amounts receivable within one year | 40/41 | - | €11 | +€11 | |
| Other amounts receivable | 41 | - | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €8,302 | €1,666 | -€6,636 | -79.9% |
| Deferred charges and accrued income | 490/1 | €1,925 | €1,942 | +€17 | +0.9% |
| Total equity and liabilities | 10/49 | €1,631,497 | €1,657,024 | +€25,527 | +1.6% |
| Equity | 10/15 | €496,722 | €332,801 | -€163,921 | -33.0% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€503,278 | -€667,199 | -€163,921 | -32.6% |
| Amounts payable | 17/49 | €1,134,775 | €1,324,223 | +€189,448 | +16.7% |
| Amounts payable after more than one year | 17 | €1,056,500 | €1,241,000 | +€184,500 | +17.5% |
| Financial debts | 170/4 | €1,056,500 | €1,241,000 | +€184,500 | +17.5% |
| Amounts payable within one year | 42/48 | €78,275 | €83,223 | +€4,948 | +6.3% |
| Trade debts | 44 | €19,009 | €24,109 | +€5,100 | +26.8% |
| Suppliers | 440/4 | €19,009 | €24,109 | +€5,100 | +26.8% |
| Taxes, remuneration and social security | 45 | €3,962 | €3,810 | -€153 | -3.9% |
| Taxes | 450/3 | €3,962 | €3,810 | -€153 | -3.9% |
| Other amounts payable | 47/48 | €55,304 | €55,304 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,759 | €121,621 | +€14,861 | +13.9% |
| Other operating charges | 640/8 | €1,188 | €23,081 | +€21,893 | +1,844% |
| Gross operating margin | 9900 | -€13,524 | -€19,024 | -€5,500 | -40.7% |
| Operating profit (loss) | 9901 | -€121,471 | -€163,725 | -€42,255 | -34.8% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €146 | €196 | +€50 | +34.3% |
| Recurring financial charges | 65 | €146 | €196 | +€50 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | -€121,602 | -€163,921 | -€42,320 | -34.8% |
| Profit (loss) for the period | 9904 | -€121,602 | -€163,921 | -€42,320 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,602 | -€163,921 | -€42,320 | -34.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.