OUBARO: what changed
OUBARO
Largest movements
- Current investments +€128,885
up €128,885 (+79.9%), from €161,254 to €290,139
- Cash -€66,493
down €66,493 (-69.7%), from €95,403 to €28,910
mainly Contributions, distributions and other (-€189,892) and Current investments (-€128,885)
- Tangible fixed assets -€46,410
down €46,410 (-26.1%), from €177,884 to €131,474
of which Furniture and vehicles: -€49,786
- Receivables within one year -€42,543
down €42,543 (-46.6%), from €91,246 to €48,703
of which Other amounts receivable: -€48,785
- Deferred charges and accrued income -€9,281
down €9,281 (-79.3%), from €11,699 to €2,419
- Reserves -€46,525
down €46,525 (-9.6%), from €484,531 to €438,006
- Other debts +€13,415
up €13,415, from €0 to €13,415
- Gross operating margin +€51,588
up €51,588 (+21.6%), from €238,709 to €290,297
- Taxes +€14,084
up €14,084 (+21.9%), from €64,346 to €78,431
- Financial charges +€3,347
up €3,347 (+966%), from €347 to €3,693
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €537,486 | €501,644 | -€35,842 | -6.7% |
| Fixed assets | 21/28 | €177,884 | €131,474 | -€46,410 | -26.1% |
| Tangible fixed assets | 22/27 | €177,884 | €131,474 | -€46,410 | -26.1% |
| Furniture and vehicles | 24 | €83,520 | €33,734 | -€49,786 | -59.6% |
| Other tangible fixed assets | 26 | €94,363 | €97,740 | +€3,377 | +3.6% |
| Current assets | 29/58 | €359,602 | €370,170 | +€10,568 | +2.9% |
| Amounts receivable within one year | 40/41 | €91,246 | €48,703 | -€42,543 | -46.6% |
| Trade receivables | 40 | €42,246 | €48,488 | +€6,242 | +14.8% |
| Other amounts receivable | 41 | €49,000 | €215 | -€48,785 | -99.6% |
| Current investments | 50/53 | €161,254 | €290,139 | +€128,885 | +79.9% |
| Cash at bank and in hand | 54/58 | €95,403 | €28,910 | -€66,493 | -69.7% |
| Deferred charges and accrued income | 490/1 | €11,699 | €2,419 | -€9,281 | -79.3% |
| Total equity and liabilities | 10/49 | €537,486 | €501,644 | -€35,842 | -6.7% |
| Equity | 10/15 | €484,532 | €438,007 | -€46,525 | -9.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €484,531 | €438,006 | -€46,525 | -9.6% |
| Distributable reserves | 133 | €484,531 | €438,006 | -€46,525 | -9.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,953 | €63,637 | +€10,684 | +20.2% |
| Amounts payable within one year | 42/48 | €52,953 | €63,637 | +€10,684 | +20.2% |
| Trade debts | 44 | €6,725 | €5,170 | -€1,554 | -23.1% |
| Suppliers | 440/4 | €6,725 | €5,170 | -€1,554 | -23.1% |
| Taxes, remuneration and social security | 45 | €46,229 | €45,052 | -€1,176 | -2.5% |
| Taxes | 450/3 | €46,229 | €45,052 | -€1,176 | -2.5% |
| Other amounts payable | 47/48 | €0 | €13,415 | +€13,415 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,658 | €61,152 | +€2,495 | +4.3% |
| Other operating charges | 640/8 | €4,009 | €3,653 | -€356 | -8.9% |
| Gross operating margin | 9900 | €238,709 | €290,297 | +€51,588 | +21.6% |
| Operating profit (loss) | 9901 | €176,042 | €225,491 | +€49,449 | +28.1% |
| Financial income | 75/76B | €2,251 | €0 | -€2,251 | -100.0% |
| Recurring financial income | 75 | €2,251 | €0 | -€2,251 | -100.0% |
| Financial charges | 65/66B | €347 | €3,693 | +€3,347 | +966% |
| Recurring financial charges | 65 | €347 | €3,693 | +€3,347 | +966% |
| Profit (loss) for the period before taxes | 9903 | €177,946 | €221,798 | +€43,852 | +24.6% |
| Income taxes | 67/77 | €64,346 | €78,431 | +€14,084 | +21.9% |
| Profit (loss) for the period | 9904 | €113,600 | €143,367 | +€29,768 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €113,600 | €143,367 | +€29,768 | +26.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.