OBSIDERI: 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.
OBSIDERI
Largest movements
- Receivables within one year -€27,606
down €27,606 (-23.4%), from €118,131 to €90,525
of which Other amounts receivable: -€19,992
- Tangible fixed assets -€10,421
down €10,421 (-24.7%), from €42,166 to €31,745
of which Plant, machinery and equipment: -€12,125
- Other debts -€27,526
down €27,526 (-12.4%), from €221,533 to €194,007
- Tax, wage and social debts -€22,224
down €22,224 (-98.5%), from €22,553 to €329
- Gross operating margin +€14,448
up €14,448 (+67.8%), from €21,322 to €35,770
- Financial charges +€13,885
up €13,885 (+254.7%), from €5,450 to €19,335
- Depreciation -€851
down €851 (-5.8%), from €14,670 to €13,819
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 | €706,784 | €660,098 | -€46,685 | -6.6% |
| Fixed assets | 21/28 | €42,166 | €31,745 | -€10,421 | -24.7% |
| Tangible fixed assets | 22/27 | €42,166 | €31,745 | -€10,421 | -24.7% |
| Plant, machinery and equipment | 23 | €38,596 | €26,472 | -€12,125 | -31.4% |
| Furniture and vehicles | 24 | €3,569 | €5,273 | +€1,703 | +47.7% |
| Current assets | 29/58 | €664,618 | €628,354 | -€36,264 | -5.5% |
| Stocks and contracts in progress | 3 | €408,741 | €408,741 | = | 0.0% |
| Stocks | 30/36 | €408,741 | €408,741 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €118,131 | €90,525 | -€27,606 | -23.4% |
| Trade receivables | 40 | €39,789 | €32,174 | -€7,615 | -19.1% |
| Other amounts receivable | 41 | €78,342 | €58,351 | -€19,992 | -25.5% |
| Cash at bank and in hand | 54/58 | €7,834 | €5,168 | -€2,667 | -34.0% |
| Deferred charges and accrued income | 490/1 | €129,911 | €123,920 | -€5,991 | -4.6% |
| Total equity and liabilities | 10/49 | €706,784 | €660,098 | -€46,685 | -6.6% |
| Equity | 10/15 | €103,423 | €104,636 | +€1,214 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €986 | €986 | = | 0.0% |
| Distributable reserves | 133 | €986 | €986 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,837 | €85,050 | +€1,214 | +1.4% |
| Amounts payable | 17/49 | €603,361 | €555,462 | -€47,899 | -7.9% |
| Amounts payable after more than one year | 17 | €8,335 | €8,712 | +€377 | +4.5% |
| Other amounts payable | 178/9 | €8,335 | €8,712 | +€377 | +4.5% |
| Amounts payable within one year | 42/48 | €549,085 | €500,809 | -€48,276 | -8.8% |
| Financial debts | 43 | €305,000 | €306,340 | +€1,340 | +0.4% |
| Credit institutions | 430/8 | €305,000 | €306,340 | +€1,340 | +0.4% |
| Trade debts | 44 | - | €133 | +€133 | |
| Suppliers | 440/4 | - | €133 | +€133 | |
| Taxes, remuneration and social security | 45 | €22,553 | €329 | -€22,224 | -98.5% |
| Taxes | 450/3 | €22,553 | €329 | -€22,224 | -98.5% |
| Other amounts payable | 47/48 | €221,533 | €194,007 | -€27,526 | -12.4% |
| Accrued charges and deferred income | 492/3 | €45,940 | €45,940 | = | 0.0% |
| Non-recurring operating income | 76A | €12,299 | - | -€12,299 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,670 | €13,819 | -€851 | -5.8% |
| Other operating charges | 640/8 | €1,270 | €1,073 | -€198 | -15.6% |
| Gross operating margin | 9900 | €21,322 | €35,770 | +€14,448 | +67.8% |
| Operating profit (loss) | 9901 | €5,382 | €20,878 | +€15,496 | +287.9% |
| Financial income | 75/76B | €108 | €0 | -€108 | -100.0% |
| Recurring financial income | 75 | €108 | €0 | -€108 | -100.0% |
| Financial charges | 65/66B | €5,450 | €19,335 | +€13,885 | +254.7% |
| Recurring financial charges | 65 | €5,450 | €19,335 | +€13,885 | +254.7% |
| Profit (loss) for the period before taxes | 9903 | €39 | €1,543 | +€1,503 | +3831.9% |
| Income taxes | 67/77 | -€17 | €329 | +€346 | |
| Profit (loss) for the period | 9904 | €56 | €1,214 | +€1,157 | +2054.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56 | €1,214 | +€1,157 | +2054.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.