BACKOFFICE EUROPE: 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.
BACKOFFICE EUROPE
Largest movements
- Receivables within one year -€90,580
down €90,580 (-49.0%), from €184,955 to €94,375
of which Other amounts receivable: -€66,987
- Cash -€15,367
down €15,367 (-8.0%), from €190,901 to €175,534
mainly Other debts (-€59,656) and Trade debts (-€36,254)
- Tangible fixed assets -€4,735
down €4,735 (-18.0%), from €26,274 to €21,539
of which Leasing and similar rights: -€7,671
- Other debts -€59,656
down €59,656 (-54.1%), from €110,298 to €50,642
- Trade debts -€36,254
down €36,254 (-93.7%), from €38,701 to €2,446
- Tax, wage and social debts -€11,268
down €11,268 (-73.5%), from €15,333 to €4,064
- Current portion of long-term debt -€6,749
down €6,749 (-100%), from €6,749 to €0
- Reserves +€4,119
up €4,119 (+2.0%), from €209,832 to €213,951
of which Distributable reserves: +€4,119
- Financial income -€7,028
down €7,028 (-52.2%), from €13,457 to €6,429
- Gross operating margin +€4,937
up €4,937 (+15.8%), from €31,262 to €36,200
- Financial charges +€4,674
up €4,674 (+24.4%), from €19,189 to €23,862
- Depreciation -€4,331
down €4,331 (-30.8%), from €14,052 to €9,722
- Taxes -€1,992
down €1,992 (-67.4%), from €2,953 to €961
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 | €404,914 | €294,389 | -€110,524 | -27.3% |
| Fixed assets | 21/28 | €26,274 | €21,539 | -€4,735 | -18.0% |
| Tangible fixed assets | 22/27 | €26,274 | €21,539 | -€4,735 | -18.0% |
| Furniture and vehicles | 24 | €0 | €1,165 | +€1,165 | |
| Leasing and similar rights | 25 | €7,671 | €0 | -€7,671 | -100% |
| Other tangible fixed assets | 26 | €18,603 | €20,374 | +€1,771 | +9.5% |
| Current assets | 29/58 | €378,639 | €272,850 | -€105,789 | -27.9% |
| Amounts receivable within one year | 40/41 | €184,955 | €94,375 | -€90,580 | -49.0% |
| Trade receivables | 40 | €60,614 | €37,020 | -€23,593 | -38.9% |
| Other amounts receivable | 41 | €124,342 | €57,355 | -€66,987 | -53.9% |
| Cash at bank and in hand | 54/58 | €190,901 | €175,534 | -€15,367 | -8.0% |
| Deferred charges and accrued income | 490/1 | €2,783 | €2,941 | +€158 | +5.7% |
| Total equity and liabilities | 10/49 | €404,914 | €294,389 | -€110,524 | -27.3% |
| Equity | 10/15 | €228,432 | €232,551 | +€4,119 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €209,832 | €213,951 | +€4,119 | +2.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €199,972 | €204,091 | +€4,119 | +2.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €176,481 | €61,838 | -€114,643 | -65.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €171,081 | €57,153 | -€113,928 | -66.6% |
| Current portion of amounts payable after more than one year | 42 | €6,749 | €0 | -€6,749 | -100% |
| Trade debts | 44 | €38,701 | €2,446 | -€36,254 | -93.7% |
| Suppliers | 440/4 | €38,701 | €2,446 | -€36,254 | -93.7% |
| Taxes, remuneration and social security | 45 | €15,333 | €4,064 | -€11,268 | -73.5% |
| Taxes | 450/3 | €15,333 | €4,064 | -€11,268 | -73.5% |
| Other amounts payable | 47/48 | €110,298 | €50,642 | -€59,656 | -54.1% |
| Accrued charges and deferred income | 492/3 | €5,400 | €4,685 | -€715 | -13.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,052 | €9,722 | -€4,331 | -30.8% |
| Other operating charges | 640/8 | €3,343 | €2,298 | -€1,044 | -31.2% |
| Gross operating margin | 9900 | €31,262 | €36,200 | +€4,937 | +15.8% |
| Operating profit (loss) | 9901 | €13,867 | €24,180 | +€10,312 | +74.4% |
| Financial income | 75/76B | €13,457 | €6,429 | -€7,028 | -52.2% |
| Recurring financial income | 75 | €13,457 | €6,429 | -€7,028 | -52.2% |
| Financial charges | 65/66B | €19,189 | €23,862 | +€4,674 | +24.4% |
| Recurring financial charges | 65 | €19,189 | €23,862 | +€4,674 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €8,136 | €6,747 | -€1,389 | -17.1% |
| Income taxes | 67/77 | €2,953 | €961 | -€1,992 | -67.4% |
| Profit (loss) for the period | 9904 | €5,183 | €5,785 | +€602 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,183 | €5,785 | +€602 | +11.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.