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OUBAY: 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

OUBAY

BE 0872.377.913
NACE 46.450, Wholesale of perfume and cosmetics
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€446
2024 · -€2,372+€2,818
Equity
-€21,007
2024 · -€41,453+€20,446
Cash
€2,014
2024 · €1,931+€83
Balance sheet total
€2,372
2024 · €2,100+€272

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€146

    up €146 (+152.4%), from €96 to €241

  • Cash +€83

    up €83 (+4.3%), from €1,931 to €2,014

    mainly Contributions, distributions and other (+€20,000) and Net result for the year (+€446)

  • Receivables within one year +€44

    up €44 (+60.0%), from €74 to €118

Equity and liabilities
  • Profit (loss) carried forward +€20,446

    up €20,446 (+42.9%), from -€47,689 to -€27,243

  • Other debts -€20,123

    down €20,123 (-48.0%), from €41,926 to €21,804

  • Tax, wage and social debts -€62

    down €62 (-4.1%), from €1,531 to €1,469

Income statement
  • Gross operating margin +€2,975

    up €2,975, from -€2,260 to €715

  • Taxes +€111

    new in 2025: €111

  • Financial charges +€91

    up €91 (+137.2%), from €66 to €157

  • Depreciation -€45

    no longer reported in 2025 (was €45)

From the 2024 result to the 2025 result

effect on the 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 -€2,372
Gross operating margin +€2,975
Depreciation +€45
Financial charges -€91
Taxes -€111
Result 2025 €446

Cash bridge derived

cash 2024 to 2025

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 -€19,917
Investment €0
Financing +€20,000
Cash 2024 €1,931
Net result for the year +€446
Stocks and contracts -€146
Smaller working-capital items -€33
Tax, wage and social debts -€62
Other debts -€20,123
Contributions, distributions and other +€20,000
Cash 2025 €2,014
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,100 €2,372 +€272 +13.0%
Current assets 29/58 €2,100 €2,372 +€272 +13.0%
Stocks and contracts in progress 3 €96 €241 +€146 +152.4%
Stocks 30/36 €96 €241 +€146 +152.4%
Amounts receivable within one year 40/41 €74 €118 +€44 +60.0%
Other amounts receivable 41 €74 €118 +€44 +60.0%
Cash at bank and in hand 54/58 €1,931 €2,014 +€83 +4.3%
Total equity and liabilities 10/49 €2,100 €2,372 +€272 +13.0%
Equity 10/15 -€41,453 -€21,007 +€20,446 +49.3%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €36 €36 = 0.0%
Non-distributable reserves 130/1 €36 €36 = 0.0%
Reserves not available under the articles 1311 €36 €36 = 0.0%
Profit (loss) carried forward 14 -€47,689 -€27,243 +€20,446 +42.9%
Amounts payable 17/49 €43,553 €23,380 -€20,174 -46.3%
Amounts payable within one year 42/48 €43,553 €23,380 -€20,174 -46.3%
Trade debts 44 €96 €107 +€11 +11.4%
Suppliers 440/4 €96 €107 +€11 +11.4%
Taxes, remuneration and social security 45 €1,531 €1,469 -€62 -4.1%
Taxes 450/3 €1,531 €1,469 -€62 -4.1%
Other amounts payable 47/48 €41,926 €21,804 -€20,123 -48.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €45 - -€45
Gross operating margin 9900 -€2,260 €715 +€2,975
Operating profit (loss) 9901 -€2,305 €715 +€3,020
Financial charges 65/66B €66 €157 +€91 +137.2%
Recurring financial charges 65 €66 €157 +€91 +137.2%
Profit (loss) for the period before taxes 9903 -€2,372 €557 +€2,929
Income taxes 67/77 - €111 +€111
Profit (loss) for the period 9904 -€2,372 €446 +€2,818
Profit (loss) for the period to be appropriated 9905 -€2,372 €446 +€2,818

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.