OBS4OPS: 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.
OBS4OPS
Largest movements
- Cash +€48,414
up €48,414 (+148.5%), from €32,595 to €81,008
mainly Net result for the year (+€49,675) and Deferred charges and accrued income (+€2,508)
- Receivables within one year +€2,674
up €2,674 (+22.7%), from €11,793 to €14,467
of which Other amounts receivable: +€1,568
- Deferred charges and accrued income -€2,508
down €2,508 (-97.9%), from €2,562 to €54
- Reserves +€88,822
new in 2025: €88,822
- Profit (loss) carried forward -€39,147
no longer reported in 2025 (was €39,147)
- Trade debts -€2,423
down €2,423 (-90.4%), from €2,680 to €257
- Tax, wage and social debts +€1,140
up €1,140 (+18.0%), from €6,323 to €7,463
- Gross operating margin +€16,762
up €16,762 (+33.8%), from €49,627 to €66,389
- Taxes +€3,231
up €3,231 (+31.7%), from €10,206 to €13,437
- Depreciation +€1,396
up €1,396 (+664.4%), from €210 to €1,606
- Financial charges +€1,129
up €1,129 (+1738.6%), from €65 to €1,194
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 | €50,650 | €99,043 | +€48,393 | +95.5% |
| Fixed assets | 21/28 | €3,701 | €3,514 | -€187 | -5.0% |
| Tangible fixed assets | 22/27 | €3,701 | €3,514 | -€187 | -5.0% |
| Plant, machinery and equipment | 23 | €2,955 | €2,545 | -€410 | -13.9% |
| Furniture and vehicles | 24 | €746 | €969 | +€223 | +29.9% |
| Current assets | 29/58 | €46,949 | €95,529 | +€48,579 | +103.5% |
| Amounts receivable within one year | 40/41 | €11,793 | €14,467 | +€2,674 | +22.7% |
| Trade receivables | 40 | €11,793 | €12,898 | +€1,106 | +9.4% |
| Other amounts receivable | 41 | - | €1,568 | +€1,568 | |
| Cash at bank and in hand | 54/58 | €32,595 | €81,008 | +€48,414 | +148.5% |
| Deferred charges and accrued income | 490/1 | €2,562 | €54 | -€2,508 | -97.9% |
| Total equity and liabilities | 10/49 | €50,650 | €99,043 | +€48,393 | +95.5% |
| Equity | 10/15 | €41,647 | €91,322 | +€49,675 | +119.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €88,822 | +€88,822 | |
| Distributable reserves | 133 | - | €88,822 | +€88,822 | |
| Profit (loss) carried forward | 14 | €39,147 | - | -€39,147 | |
| Amounts payable | 17/49 | €9,003 | €7,721 | -€1,283 | -14.2% |
| Amounts payable within one year | 42/48 | €9,003 | €7,721 | -€1,283 | -14.2% |
| Trade debts | 44 | €2,680 | €257 | -€2,423 | -90.4% |
| Suppliers | 440/4 | €2,680 | €257 | -€2,423 | -90.4% |
| Taxes, remuneration and social security | 45 | €6,323 | €7,463 | +€1,140 | +18.0% |
| Taxes | 450/3 | €6,323 | €7,463 | +€1,140 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €1,606 | +€1,396 | +664.4% |
| Other operating charges | 640/8 | - | €478 | +€478 | |
| Gross operating margin | 9900 | €49,627 | €66,389 | +€16,762 | +33.8% |
| Operating profit (loss) | 9901 | €49,417 | €64,306 | +€14,889 | +30.1% |
| Financial charges | 65/66B | €65 | €1,194 | +€1,129 | +1738.6% |
| Recurring financial charges | 65 | €65 | €1,194 | +€1,129 | +1738.6% |
| Profit (loss) for the period before taxes | 9903 | €49,352 | €63,112 | +€13,760 | +27.9% |
| Income taxes | 67/77 | €10,206 | €13,437 | +€3,231 | +31.7% |
| Profit (loss) for the period | 9904 | €39,147 | €49,675 | +€10,529 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,147 | €49,675 | +€10,529 | +26.9% |
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 29 September 2026 via checked.be.