Oubaha Construct: 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.
Oubaha Construct
Largest movements
- Stocks and contracts +€30,000
new in 2024: €30,000
- Receivables within one year -€20,419
down €20,419 (-42.5%), from €48,095 to €27,676
of which Trade receivables: -€24,961
- Cash -€9,643
down €9,643 (-79.4%), from €12,145 to €2,502
mainly Stocks and contracts (-€30,000) and Tax, wage and social debts (-€3,528)
- Tangible fixed assets -€1,672
down €1,672 (-36.8%), from €4,545 to €2,873
- Tax, wage and social debts -€3,528
down €3,528 (-84.2%), from €4,189 to €660
- Profit (loss) carried forward +€1,586
up €1,586 (+4.4%), from €36,112 to €37,698
- Gross operating margin -€17,937
down €17,937 (-68.9%), from €26,034 to €8,097
- Taxes -€3,528
down €3,528 (-84.2%), from €4,189 to €660
- Financial income +€626
up €626 (+48.1%), from €1,301 to €1,926
- Other operating charges +€583
up €583 (+63.0%), from €925 to €1,508
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,459 | €63,517 | -€1,942 | -3.0% |
| Formation expenses | 20 | €352 | €144 | -€208 | -59.2% |
| Fixed assets | 21/28 | €4,545 | €2,873 | -€1,672 | -36.8% |
| Tangible fixed assets | 22/27 | €4,545 | €2,873 | -€1,672 | -36.8% |
| Furniture and vehicles | 24 | €4,545 | €2,873 | -€1,672 | -36.8% |
| Current assets | 29/58 | €60,562 | €60,500 | -€62 | -0.1% |
| Stocks and contracts in progress | 3 | - | €30,000 | +€30,000 | |
| Contracts in progress | 37 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €48,095 | €27,676 | -€20,419 | -42.5% |
| Trade receivables | 40 | €25,107 | €146 | -€24,961 | -99.4% |
| Other amounts receivable | 41 | €22,987 | €27,530 | +€4,542 | +19.8% |
| Cash at bank and in hand | 54/58 | €12,145 | €2,502 | -€9,643 | -79.4% |
| Deferred charges and accrued income | 490/1 | €322 | €322 | = | 0.0% |
| Total equity and liabilities | 10/49 | €65,459 | €63,517 | -€1,942 | -3.0% |
| Equity | 10/15 | €38,612 | €40,198 | +€1,586 | +4.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,112 | €37,698 | +€1,586 | +4.4% |
| Amounts payable | 17/49 | €26,847 | €23,319 | -€3,528 | -13.1% |
| Amounts payable within one year | 42/48 | €21,867 | €18,339 | -€3,528 | -16.1% |
| Advances received on contracts in progress | 46 | €17,679 | €17,679 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,189 | €660 | -€3,528 | -84.2% |
| Taxes | 450/3 | €4,189 | €660 | -€3,528 | -84.2% |
| Accrued charges and deferred income | 492/3 | €4,980 | €4,980 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,232 | €3,380 | +€149 | +4.6% |
| Other operating charges | 640/8 | €925 | €1,508 | +€583 | +63.0% |
| Gross operating margin | 9900 | €26,034 | €8,097 | -€17,937 | -68.9% |
| Operating profit (loss) | 9901 | €21,877 | €3,208 | -€18,668 | -85.3% |
| Financial income | 75/76B | €1,301 | €1,926 | +€626 | +48.1% |
| Recurring financial income | 75 | €1,301 | €1,926 | +€626 | +48.1% |
| Financial charges | 65/66B | €2,788 | €2,888 | +€100 | +3.6% |
| Recurring financial charges | 65 | €2,788 | €2,888 | +€100 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €20,389 | €2,247 | -€18,143 | -89.0% |
| Income taxes | 67/77 | €4,189 | €660 | -€3,528 | -84.2% |
| Profit (loss) for the period | 9904 | €16,201 | €1,586 | -€14,614 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,201 | €1,586 | -€14,614 | -90.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.