Obskur: 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.
Obskur
Largest movements
- Tangible fixed assets -€4,961
down €4,961 (-31.7%), from €15,654 to €10,693
of which Plant, machinery and equipment: -€3,656
- Cash -€4,146
down €4,146 (-80.0%), from €5,185 to €1,038
mainly Trade debts (-€13,042) and Tax, wage and social debts (-€1,390)
- Deferred charges and accrued income -€1,709
down €1,709 (-32.5%), from €5,262 to €3,553
- Receivables within one year -€1,326
down €1,326 (-10.9%), from €12,158 to €10,831
- Trade debts -€13,042
down €13,042 (-94.3%), from €13,825 to €783
- Debts after one year +€1,550
up €1,550 (+7.8%), from €20,000 to €21,550
- Tax, wage and social debts -€1,390
down €1,390 (-12.9%), from €10,808 to €9,418
- Other debts +€1,086
up €1,086 (+193.3%), from €562 to €1,647
- Gross operating margin +€26,641
up €26,641, from -€16,511 to €10,131
- Financial charges -€981
down €981 (-21.4%), from €4,590 to €3,609
- Other operating charges -€521
down €521 (-28.5%), from €1,831 to €1,310
- Depreciation +€179
up €179 (+3.7%), from €4,782 to €4,961
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 | €49,258 | €37,115 | -€12,143 | -24.7% |
| Fixed assets | 21/28 | €16,654 | €11,693 | -€4,961 | -29.8% |
| Tangible fixed assets | 22/27 | €15,654 | €10,693 | -€4,961 | -31.7% |
| Plant, machinery and equipment | 23 | €12,250 | €8,594 | -€3,656 | -29.8% |
| Furniture and vehicles | 24 | €3,404 | €2,099 | -€1,305 | -38.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €32,604 | €25,422 | -€7,182 | -22.0% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,158 | €10,831 | -€1,326 | -10.9% |
| Trade receivables | 40 | €12,158 | €10,831 | -€1,326 | -10.9% |
| Cash at bank and in hand | 54/58 | €5,185 | €1,038 | -€4,146 | -80.0% |
| Deferred charges and accrued income | 490/1 | €5,262 | €3,553 | -€1,709 | -32.5% |
| Total equity and liabilities | 10/49 | €49,258 | €37,115 | -€12,143 | -24.7% |
| Equity | 10/15 | €2,463 | €2,517 | +€54 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,537 | €23,537 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,677 | €21,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,674 | -€39,620 | +€54 | +0.1% |
| Amounts payable | 17/49 | €46,794 | €34,598 | -€12,196 | -26.1% |
| Amounts payable after more than one year | 17 | €20,000 | €21,550 | +€1,550 | +7.8% |
| Financial debts | 170/4 | €20,000 | €21,550 | +€1,550 | +7.8% |
| Amounts payable within one year | 42/48 | €25,194 | €11,848 | -€13,346 | -53.0% |
| Trade debts | 44 | €13,825 | €783 | -€13,042 | -94.3% |
| Suppliers | 440/4 | €13,825 | €783 | -€13,042 | -94.3% |
| Taxes, remuneration and social security | 45 | €10,808 | €9,418 | -€1,390 | -12.9% |
| Taxes | 450/3 | €10,808 | €9,418 | -€1,390 | -12.9% |
| Other amounts payable | 47/48 | €562 | €1,647 | +€1,086 | +193.3% |
| Accrued charges and deferred income | 492/3 | €1,600 | €1,200 | -€400 | -25.0% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,782 | €4,961 | +€179 | +3.7% |
| Other operating charges | 640/8 | €1,831 | €1,310 | -€521 | -28.5% |
| Non-recurring operating charges | 66A | €219 | - | -€219 | |
| Gross operating margin | 9900 | -€16,511 | €10,131 | +€26,641 | |
| Operating profit (loss) | 9901 | -€23,343 | €3,860 | +€27,203 | |
| Financial charges | 65/66B | €4,590 | €3,609 | -€981 | -21.4% |
| Recurring financial charges | 65 | €4,590 | €3,609 | -€981 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,932 | €251 | +€28,184 | |
| Income taxes | 67/77 | €215 | €198 | -€18 | -8.2% |
| Profit (loss) for the period | 9904 | -€28,147 | €54 | +€28,201 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,147 | €54 | +€28,201 |
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 10 October 2026 via checked.be.