OBSIN: what changed
Two financial 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.
OBSIN
Largest movements
- Receivables within one year -€55,117
down €55,117 (-15.0%), from €366,473 to €311,356
of which Trade receivables: -€46,971
- Cash +€42,612
up €42,612 (+140%), from €30,430 to €73,042
mainly Tax, wage and social debts (+€72,363) and Receivables within one year (+€55,117)
- Tangible fixed assets -€38,247
down €38,247 (-97.9%), from €39,067 to €819
of which Furniture and vehicles: -€26,144
- Deferred charges and accrued income +€14,074
up €14,074 (+2,332%), from €604 to €14,678
- Profit (loss) carried forward -€107,561
down €107,561 (-106%), from -€101,631 to -€209,192
- Tax, wage and social debts +€72,363
up €72,363 (+26.6%), from €271,801 to €344,164
of which Remuneration and social security: +€68,241
- Current portion of long-term debt -€54,916
down €54,916 (-54.1%), from €101,418 to €46,502
- Trade debts +€50,639
up €50,639 (+225%), from €22,516 to €73,155
- Debts after one year -€46,502
down €46,502 (-37.3%), from €124,590 to €78,088
- Staff costs -€331,547
down €331,547 (-19.8%), from €1.7m to €1.3m
- Gross operating margin -€301,475
down €301,475 (-18.6%), from €1.6m to €1.3m
- Financial charges +€18,942
up €18,942 (+78.3%), from €24,193 to €43,135
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.
Derived cash bridge
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 | €437,173 | €401,315 | -€35,858 | -8.2% |
| Fixed assets | 21/28 | €39,667 | €2,239 | -€37,427 | -94.4% |
| Tangible fixed assets | 22/27 | €39,067 | €819 | -€38,247 | -97.9% |
| Furniture and vehicles | 24 | €26,963 | €819 | -€26,144 | -97.0% |
| Other tangible fixed assets | 26 | €12,103 | - | -€12,103 | |
| Financial fixed assets | 28 | €600 | €1,420 | +€820 | +137% |
| Current assets | 29/58 | €397,506 | €399,075 | +€1,569 | +0.4% |
| Amounts receivable within one year | 40/41 | €366,473 | €311,356 | -€55,117 | -15.0% |
| Trade receivables | 40 | €330,213 | €283,242 | -€46,971 | -14.2% |
| Other amounts receivable | 41 | €36,260 | €28,114 | -€8,146 | -22.5% |
| Cash at bank and in hand | 54/58 | €30,430 | €73,042 | +€42,612 | +140% |
| Deferred charges and accrued income | 490/1 | €604 | €14,678 | +€14,074 | +2,332% |
| Total equity and liabilities | 10/49 | €437,173 | €401,315 | -€35,858 | -8.2% |
| Equity | 10/15 | -€83,287 | -€190,848 | -€107,561 | -129% |
| Contributions | 10/11 | €18,200 | €18,200 | = | 0.0% |
| Reserves | 13 | €144 | €144 | = | 0.0% |
| Non-distributable reserves | 130/1 | €144 | €144 | = | 0.0% |
| Reserves not available under the articles | 1311 | €144 | €144 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,631 | -€209,192 | -€107,561 | -106% |
| Amounts payable | 17/49 | €520,459 | €592,162 | +€71,703 | +13.8% |
| Amounts payable after more than one year | 17 | €124,590 | €78,088 | -€46,502 | -37.3% |
| Financial debts | 170/4 | €124,590 | €78,088 | -€46,502 | -37.3% |
| Amounts payable within one year | 42/48 | €395,869 | €507,558 | +€111,689 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €101,418 | €46,502 | -€54,916 | -54.1% |
| Financial debts | 43 | €134 | €43,737 | +€43,603 | +32,426% |
| Credit institutions | 430/8 | €134 | €43,737 | +€43,603 | +32,426% |
| Trade debts | 44 | €22,516 | €73,155 | +€50,639 | +225% |
| Suppliers | 440/4 | €22,516 | €73,155 | +€50,639 | +225% |
| Taxes, remuneration and social security | 45 | €271,801 | €344,164 | +€72,363 | +26.6% |
| Taxes | 450/3 | €95,144 | €99,266 | +€4,122 | +4.3% |
| Remuneration and social security | 454/9 | €176,657 | €244,898 | +€68,241 | +38.6% |
| Accrued charges and deferred income | 492/3 | - | €6,516 | +€6,516 | |
| Remuneration, social security and pensions | 62 | €1,675,430 | €1,343,883 | -€331,547 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,679 | €2,184 | -€11,495 | -84.0% |
| Other operating charges | 640/8 | €12,094 | €11,967 | -€127 | -1.0% |
| Non-recurring operating charges | 66A | €11,812 | €23,063 | +€11,251 | +95.2% |
| Gross operating margin | 9900 | €1,617,500 | €1,316,025 | -€301,475 | -18.6% |
| Operating profit (loss) | 9901 | -€95,514 | -€65,071 | +€30,443 | +31.9% |
| Financial income | 75/76B | €1,834 | €645 | -€1,189 | -64.8% |
| Recurring financial income | 75 | €1,834 | €645 | -€1,189 | -64.8% |
| Financial charges | 65/66B | €24,193 | €43,135 | +€18,942 | +78.3% |
| Recurring financial charges | 65 | €24,193 | €43,135 | +€18,942 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | -€117,873 | -€107,561 | +€10,312 | +8.7% |
| Profit (loss) for the period | 9904 | -€117,873 | -€107,561 | +€10,312 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€117,873 | -€107,561 | +€10,312 | +8.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.