AS OFFICE: 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.
AS OFFICE
Largest movements
- Tangible fixed assets -€6,524
down €6,524 (-48.5%), from €13,443 to €6,919
of which Furniture and vehicles: -€5,859
- Deferred charges and accrued income +€2,986
up €2,986 (+237%), from €1,260 to €4,246
- Cash +€573
up €573 (+3.1%), from €18,278 to €18,851
mainly Depreciation (+€6,524) and Other debts (+€1,994)
- Current portion of long-term debt -€3,915
down €3,915 (-53.6%), from €7,300 to €3,385
- Debts after one year -€3,387
no longer reported in 2025 (was €3,387)
- Other debts +€1,994
up €1,994 (+86.5%), from €2,304 to €4,298
- Trade debts +€1,019
up €1,019 (+26.6%), from €3,825 to €4,844
- Accrued charges and deferred income +€600
new in 2025: €600
- Gross operating margin -€1,430
down €1,430 (-11.9%), from €11,992 to €10,562
- Other operating charges +€1,339
up €1,339 (+153%), from €874 to €2,213
- Taxes -€625
down €625 (-24.2%), from €2,585 to €1,960
- Financial income +€247
up €247 (+26.6%), from €930 to €1,177
- Depreciation +€188
up €188 (+3.0%), from €6,336 to €6,524
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.
Derived cash bridge
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 | €38,983 | €36,000 | -€2,983 | -7.7% |
| Fixed assets | 21/28 | €13,443 | €6,919 | -€6,524 | -48.5% |
| Tangible fixed assets | 22/27 | €13,443 | €6,919 | -€6,524 | -48.5% |
| Plant, machinery and equipment | 23 | €3,294 | €2,629 | -€665 | -20.2% |
| Furniture and vehicles | 24 | €10,149 | €4,290 | -€5,859 | -57.7% |
| Current assets | 29/58 | €25,540 | €29,081 | +€3,541 | +13.9% |
| Amounts receivable within one year | 40/41 | €6,002 | €5,984 | -€18 | -0.3% |
| Trade receivables | 40 | €5,409 | €4,911 | -€498 | -9.2% |
| Other amounts receivable | 41 | €593 | €1,073 | +€480 | +80.9% |
| Cash at bank and in hand | 54/58 | €18,278 | €18,851 | +€573 | +3.1% |
| Deferred charges and accrued income | 490/1 | €1,260 | €4,246 | +€2,986 | +237% |
| Total equity and liabilities | 10/49 | €38,983 | €36,000 | -€2,983 | -7.7% |
| Equity | 10/15 | €17,021 | €17,573 | +€552 | +3.2% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,500 | +€6,500 | |
| Share premium | 1100/10 | - | €6,500 | +€6,500 | |
| Reserves | 13 | €10,521 | €11,073 | +€552 | +5.2% |
| Distributable reserves | 133 | €10,521 | €11,073 | +€552 | +5.2% |
| Amounts payable | 17/49 | €21,962 | €18,427 | -€3,535 | -16.1% |
| Amounts payable after more than one year | 17 | €3,387 | - | -€3,387 | |
| Financial debts | 170/4 | €3,387 | - | -€3,387 | |
| Amounts payable within one year | 42/48 | €18,575 | €17,827 | -€748 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €7,300 | €3,385 | -€3,915 | -53.6% |
| Trade debts | 44 | €3,825 | €4,844 | +€1,019 | +26.6% |
| Suppliers | 440/4 | €3,825 | €4,844 | +€1,019 | +26.6% |
| Taxes, remuneration and social security | 45 | €5,146 | €5,300 | +€154 | +3.0% |
| Taxes | 450/3 | €5,146 | €5,300 | +€154 | +3.0% |
| Other amounts payable | 47/48 | €2,304 | €4,298 | +€1,994 | +86.5% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,336 | €6,524 | +€188 | +3.0% |
| Other operating charges | 640/8 | €874 | €2,213 | +€1,339 | +153% |
| Gross operating margin | 9900 | €11,992 | €10,562 | -€1,430 | -11.9% |
| Operating profit (loss) | 9901 | €4,782 | €1,825 | -€2,957 | -61.8% |
| Financial income | 75/76B | €930 | €1,177 | +€247 | +26.6% |
| Recurring financial income | 75 | €930 | €1,177 | +€247 | +26.6% |
| Financial charges | 65/66B | €575 | €490 | -€85 | -14.8% |
| Recurring financial charges | 65 | €575 | €490 | -€85 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €5,137 | €2,512 | -€2,625 | -51.1% |
| Income taxes | 67/77 | €2,585 | €1,960 | -€625 | -24.2% |
| Profit (loss) for the period | 9904 | €2,552 | €552 | -€2,000 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,552 | €552 | -€2,000 | -78.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.