Obumex: 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.
What changed
Obumex
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€926,049
2024 · €830,240+€95,809
Equity
€4.5m
2024 · €3.1m+€1.4m
Cash
€477,934
2024 · €254,294+€223,640
Balance sheet total
€19.8m
2024 · €18.9m+€863,977
Largest movements
Assets
- Tangible fixed assets +€2.2m
up €2.2m (+59.1%), from €3.7m to €5.8m
of which Land and buildings: +€1.6m
- Receivables within one year -€1.7m
down €1.7m (-24.4%), from €7.0m to €5.3m
of which Trade receivables: -€1.2m
- Stocks and contracts +€231,900
up €231,900 (+6.4%), from €3.6m to €3.9m
of which Stocks: +€362,675
- Cash +€223,640
up €223,640 (+87.9%), from €254,294 to €477,934
mainly Receivables within one year (+€1.7m) and Net result for the year (+€926,049)
Equity and liabilities
- Advances received -€1.1m
down €1.1m (-18.3%), from €5.9m to €4.8m
- Revaluation surpluses +€928,937
up €928,937 (+50.7%), from €1.8m to €2.8m
- Other debts +€758,890
up €758,890 (+88.1%), from €861,110 to €1.6m
- Reserves +€422,794
up €422,794 (+209.9%), from €201,405 to €624,199
of which Distributable reserves: +€376,492
- Trade debts +€310,824
up €310,824 (+13.8%), from €2.2m to €2.6m
Income statement
- Turnover -€19.3m
down €19.3m (-41.7%), from €46.4m to €27.1m
- Goods and materials -€11.2m
down €11.2m (-46.0%), from €24.4m to €13.1m
of which Purchases: -€9.6m
- Staff costs -€4.5m
down €4.5m (-46.0%), from €9.9m to €5.3m
- Services and other goods -€4.5m
down €4.5m (-42.3%), from €10.7m to €6.2m
- Depreciation -€1.0m
down €1.0m (-58.3%), from €1.7m to €723,976
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.
Result 2024
€830,240
Turnover
-€19.3m
Other operating income
-€487,572
Goods and materials
+€11.2m
Services and other goods
+€4.5m
Staff costs
+€4.5m
Depreciation
+€1.0m
Write-downs
+€62,470
Provisions
-€528,206
Other operating charges
+€268,557
Other operating items
-€2.1m
Financial income
-€131,623
Financial charges
+€321,066
Taxes
+€701,698
Result 2025
€926,049
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.
From operations
+€2.8m
Investment
-€2.8m
Financing
+€258,804
Cash 2024
€254,294
From operations (derived)
+€2.8m
Net result for the year
+€926,049
Depreciation
+€723,976
Stocks and contracts
-€231,900
Receivables within one year
+€1.7m
Deferred charges and accrued income
-€61,156
Provisions
-€12,360
Trade debts
+€310,824
Tax, wage and social debts
-€267,147
Advances received
-€1.1m
Other debts
+€758,890
Accrued charges and deferred income
-€29,386
Investment (derived)
-€2.8m
Investment in fixed assets (net)
-€2.8m
Financing
+€258,804
Debts after one year
-€263,835
Current portion of long-term debt
-€103,043
Short-term financial debts
+€200,000
Contributions, distributions and other
+€425,682
Cash 2025
€477,934
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,908,446 | €19,772,423 | +€863,977 | +4.6% |
| Fixed assets | 21/28 | €4,152,446 | €6,219,306 | +€2.1m | +49.8% |
| Intangible fixed assets | 21 | €432,648 | €337,511 | -€95,137 | -22.0% |
| Tangible fixed assets | 22/27 | €3,656,670 | €5,818,668 | +€2.2m | +59.1% |
| Land and buildings | 22 | €3,090,643 | €4,736,228 | +€1.6m | +53.2% |
| Plant, machinery and equipment | 23 | €124,895 | €220,459 | +€95,564 | +76.5% |
| Furniture and vehicles | 24 | €108,946 | €290,379 | +€181,433 | +166.5% |
| Leasing and similar rights | 25 | €266,387 | €349,998 | +€83,611 | +31.4% |
| Other tangible fixed assets | 26 | €65,800 | €56,176 | -€9,624 | -14.6% |
| Assets under construction and advance payments | 27 | €0 | €165,428 | +€165,428 | |
| Financial fixed assets | 28 | €63,128 | €63,128 | = | 0.0% |
| Other financial fixed assets | 284/8 | €63,128 | €63,128 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €63,128 | €63,128 | = | 0.0% |
| Current assets | 29/58 | €14,756,000 | €13,553,117 | -€1.2m | -8.2% |
| Amounts receivable after more than one year | 29 | €3,500,000 | €3,500,000 | = | 0.0% |
| Other amounts receivable | 291 | €3,500,000 | €3,500,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,638,917 | €3,870,817 | +€231,900 | +6.4% |
| Stocks | 30/36 | €3,209,647 | €3,572,322 | +€362,675 | +11.3% |
| Raw materials and consumables | 30/31 | €1,283,030 | €1,312,134 | +€29,104 | +2.3% |
| Goods purchased for resale | 34 | €1,497,999 | €1,691,377 | +€193,378 | +12.9% |
| Advance payments | 36 | €428,617 | €568,811 | +€140,193 | +32.7% |
| Contracts in progress | 37 | €429,270 | €298,495 | -€130,775 | -30.5% |
| Amounts receivable within one year | 40/41 | €7,037,004 | €5,317,425 | -€1.7m | -24.4% |
| Trade receivables | 40 | €5,524,542 | €4,371,070 | -€1.2m | -20.9% |
| Other amounts receivable | 41 | €1,512,462 | €946,355 | -€566,108 | -37.4% |
| Cash at bank and in hand | 54/58 | €254,294 | €477,934 | +€223,640 | +87.9% |
| Deferred charges and accrued income | 490/1 | €325,785 | €386,941 | +€61,156 | +18.8% |
| Total equity and liabilities | 10/49 | €18,908,446 | €19,772,423 | +€863,977 | +4.6% |
| Equity | 10/15 | €3,133,716 | €4,485,447 | +€1.4m | +43.1% |
| Contributions | 10/11 | €1,101,840 | €1,101,840 | = | 0.0% |
| Capital | 10 | €1,101,840 | €1,101,840 | = | 0.0% |
| Issued capital | 100 | €1,101,840 | €1,101,840 | = | 0.0% |
| Revaluation surpluses | 12 | €1,830,471 | €2,759,408 | +€928,937 | +50.7% |
| Reserves | 13 | €201,405 | €624,199 | +€422,794 | +209.9% |
| Non-distributable reserves | 130/1 | €111,552 | €157,855 | +€46,302 | +41.5% |
| Legal reserve | 130 | €37,184 | €83,486 | +€46,302 | +124.5% |
| Other | 1319 | €74,368 | €74,368 | = | 0.0% |
| Tax-exempt reserves | 132 | €61,152 | €61,152 | = | 0.0% |
| Distributable reserves | 133 | €28,700 | €405,192 | +€376,492 | +1311.8% |
| Provisions and deferred taxes | 16 | €24,820 | €12,460 | -€12,360 | -49.8% |
| Provisions for liabilities and charges | 160/5 | €24,820 | €12,460 | -€12,360 | -49.8% |
| Taxes | 161 | €0 | - | = | |
| Environmental obligations | 163 | €24,820 | €12,460 | -€12,360 | -49.8% |
| Amounts payable | 17/49 | €15,749,910 | €15,274,516 | -€475,394 | -3.0% |
| Amounts payable after more than one year | 17 | €3,547,993 | €3,284,158 | -€263,835 | -7.4% |
| Financial debts | 170/4 | €3,547,993 | €3,284,158 | -€263,835 | -7.4% |
| Subordinated loans | 170 | €0 | - | = | |
| Leasing and similar obligations | 172 | €32,989 | €55,163 | +€22,174 | +67.2% |
| Credit institutions | 173 | €3,077,504 | €2,978,994 | -€98,509 | -3.2% |
| Other loans | 174 | €437,500 | €250,000 | -€187,500 | -42.9% |
| Amounts payable within one year | 42/48 | €11,984,597 | €11,802,424 | -€182,173 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €602,665 | €499,622 | -€103,043 | -17.1% |
| Financial debts | 43 | €700,000 | €900,000 | +€200,000 | +28.6% |
| Credit institutions | 430/8 | €700,000 | €900,000 | +€200,000 | +28.6% |
| Trade debts | 44 | €2,249,089 | €2,559,913 | +€310,824 | +13.8% |
| Suppliers | 440/4 | €2,249,089 | €2,559,913 | +€310,824 | +13.8% |
| Advances received on contracts in progress | 46 | €5,910,663 | €4,828,967 | -€1.1m | -18.3% |
| Taxes, remuneration and social security | 45 | €1,661,069 | €1,393,922 | -€267,147 | -16.1% |
| Taxes | 450/3 | €1,066,006 | €668,544 | -€397,461 | -37.3% |
| Remuneration and social security | 454/9 | €595,063 | €725,377 | +€130,314 | +21.9% |
| Other amounts payable | 47/48 | €861,110 | €1,620,000 | +€758,890 | +88.1% |
| Accrued charges and deferred income | 492/3 | €217,320 | €187,934 | -€29,386 | -13.5% |
| Operating income | 70/76A | €49,099,951 | €27,197,860 | -€21.9m | -44.6% |
| Turnover | 70 | €46,396,340 | €27,066,666 | -€19.3m | -41.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,536,762 | -€202,458 | -€1.7m | |
| Own construction capitalised | 72 | €348,701 | €0 | -€348,701 | -100.0% |
| Other operating income | 74 | €787,652 | €300,080 | -€487,572 | -61.9% |
| Non-recurring operating income | 76A | €30,495 | €33,572 | +€3,077 | +10.1% |
| Operating charges | 60/66A | €46,862,109 | €25,755,350 | -€21.1m | -45.0% |
| Goods for resale, raw materials and consumables | 60 | €24,350,986 | €13,146,203 | -€11.2m | -46.0% |
| Purchases | 600/8 | €22,855,860 | €13,282,561 | -€9.6m | -41.9% |
| Change in stocks: decrease (increase) | 609 | €1,495,126 | -€136,359 | -€1.6m | |
| Services and other goods | 61 | €10,683,075 | €6,163,577 | -€4.5m | -42.3% |
| Remuneration, social security and pensions | 62 | €9,897,011 | €5,347,508 | -€4.5m | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,736,770 | €723,976 | -€1.0m | -58.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €90,331 | €27,861 | -€62,470 | -69.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€540,566 | -€12,360 | +€528,206 | +97.7% |
| Other operating charges | 640/8 | €429,093 | €160,535 | -€268,557 | -62.6% |
| Non-recurring operating charges | 66A | €215,409 | €198,051 | -€17,359 | -8.1% |
| Operating profit (loss) | 9901 | €2,237,842 | €1,442,510 | -€795,332 | -35.5% |
| Financial income | 75/76B | €194,356 | €62,732 | -€131,623 | -67.7% |
| Recurring financial income | 75 | €194,356 | €62,732 | -€131,623 | -67.7% |
| Income from current assets | 751 | €117,882 | €52,782 | -€65,100 | -55.2% |
| Other financial income | 752/9 | €76,474 | €9,950 | -€66,524 | -87.0% |
| Financial charges | 65/66B | €453,180 | €132,114 | -€321,066 | -70.8% |
| Recurring financial charges | 65 | €453,180 | €132,114 | -€321,066 | -70.8% |
| Debt charges | 650 | €388,388 | €94,429 | -€293,959 | -75.7% |
| Other financial charges | 652/9 | €64,792 | €37,685 | -€27,107 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €1,979,017 | €1,373,128 | -€605,890 | -30.6% |
| Income taxes | 67/77 | €1,148,777 | €447,079 | -€701,698 | -61.1% |
| Taxes | 670/3 | €1,148,777 | €447,079 | -€701,698 | -61.1% |
| Profit (loss) for the period | 9904 | €830,240 | €926,049 | +€95,809 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €830,240 | €926,049 | +€95,809 | +11.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.