D-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.
What changed
D-OFFICE
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€70,247
2024 · -€266,517+€336,764
Equity
€1.9m
2024 · €1.8m+€70,247
Cash
€201,211
2024 · €112,319+€88,893
Balance sheet total
€5.7m
2024 · €6.4m-€618,656
Largest movements
Assets
- Receivables within one year -€615,638
down €615,638 (-31.2%), from €2.0m to €1.4m
of which Trade receivables: -€673,325
- Cash +€88,893
up €88,893 (+79.1%), from €112,319 to €201,211
mainly Receivables within one year (+€615,638) and Depreciation (+€152,061)
- Tangible fixed assets -€88,083
down €88,083 (-18.0%), from €489,157 to €401,073
of which Furniture and vehicles: -€56,457
Equity and liabilities
- Trade debts -€307,952
down €307,952 (-59.5%), from €517,408 to €209,456
- Other debts -€249,072
down €249,072 (-7.7%), from €3.2m to €3.0m
- Debts after one year -€104,991
down €104,991 (-32.4%), from €324,203 to €219,212
- Reserves +€70,247
up €70,247 (+4.0%), from €1.8m to €1.8m
of which Distributable reserves: +€70,247
Income statement
- Turnover +€680,860
up €680,860 (+35.1%), from €1.9m to €2.6m
- Services and other goods +€283,597
up €283,597 (+49.4%), from €574,329 to €857,925
- Staff costs +€50,808
up €50,808 (+3.6%), from €1.4m to €1.5m
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.
Result 2024
-€266,517
Turnover
+€680,860
Other operating income
-€23,814
Services and other goods
-€283,597
Staff costs
-€50,808
Depreciation
+€6,806
Other operating charges
+€3,047
Other operating items
-€3,810
Financial income
-€888
Financial charges
+€8,186
Taxes
+€781
Result 2025
€70,247
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€294,078
Investment
-€63,977
Financing
-€141,208
Cash 2024
€112,319
From operations (derived)
+€294,078
Net result for the year
+€70,247
Depreciation
+€152,061
Receivables within one year
+€615,638
Deferred charges and accrued income
+€3,828
Trade debts
-€307,952
Tax, wage and social debts
+€21,322
Other debts
-€249,072
Accrued charges and deferred income
-€11,994
Investment (derived)
-€63,977
Investment in fixed assets (net)
-€63,977
Financing
-€141,208
Debts after one year
-€104,991
Current portion of long-term debt
+€2,358
Short-term financial debts
-€38,575
Cash 2025
€201,211
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,368,444 | €5,749,788 | -€618,656 | -9.7% |
| Fixed assets | 21/28 | €4,278,376 | €4,190,292 | -€88,083 | -2.1% |
| Tangible fixed assets | 22/27 | €489,157 | €401,073 | -€88,083 | -18.0% |
| Plant, machinery and equipment | 23 | €22,079 | €11,244 | -€10,834 | -49.1% |
| Furniture and vehicles | 24 | €352,162 | €295,705 | -€56,457 | -16.0% |
| Leasing and similar rights | 25 | €114,916 | €94,124 | -€20,792 | -18.1% |
| Financial fixed assets | 28 | €3,789,219 | €3,789,219 | = | 0.0% |
| Affiliated companies | 280/1 | €3,789,219 | €3,789,219 | = | 0.0% |
| Participating interests | 280 | €3,789,219 | €3,789,219 | = | 0.0% |
| Current assets | 29/58 | €2,090,068 | €1,559,495 | -€530,573 | -25.4% |
| Amounts receivable within one year | 40/41 | €1,971,142 | €1,355,505 | -€615,638 | -31.2% |
| Trade receivables | 40 | €1,526,527 | €853,202 | -€673,325 | -44.1% |
| Other amounts receivable | 41 | €444,615 | €502,303 | +€57,687 | +13.0% |
| Cash at bank and in hand | 54/58 | €112,319 | €201,211 | +€88,893 | +79.1% |
| Deferred charges and accrued income | 490/1 | €6,607 | €2,779 | -€3,828 | -57.9% |
| Total equity and liabilities | 10/49 | €6,368,444 | €5,749,788 | -€618,656 | -9.7% |
| Equity | 10/15 | €1,820,493 | €1,890,739 | +€70,247 | +3.9% |
| Contributions | 10/11 | €62,061 | €62,061 | = | 0.0% |
| Reserves | 13 | €1,758,431 | €1,828,678 | +€70,247 | +4.0% |
| Non-distributable reserves | 130/1 | €21,749 | €21,749 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,749 | €21,749 | = | 0.0% |
| Distributable reserves | 133 | €1,736,682 | €1,806,929 | +€70,247 | +4.0% |
| Amounts payable | 17/49 | €4,547,951 | €3,859,048 | -€688,903 | -15.1% |
| Amounts payable after more than one year | 17 | €324,203 | €219,212 | -€104,991 | -32.4% |
| Financial debts | 170/4 | €324,203 | €219,212 | -€104,991 | -32.4% |
| Leasing and similar obligations | 172 | €81,408 | €61,212 | -€20,196 | -24.8% |
| Credit institutions | 173 | €242,795 | €158,000 | -€84,794 | -34.9% |
| Amounts payable within one year | 42/48 | €4,211,755 | €3,639,836 | -€571,919 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €116,827 | €119,185 | +€2,358 | +2.0% |
| Financial debts | 43 | €184,915 | €146,339 | -€38,575 | -20.9% |
| Credit institutions | 430/8 | €184,915 | €146,339 | -€38,575 | -20.9% |
| Trade debts | 44 | €517,408 | €209,456 | -€307,952 | -59.5% |
| Suppliers | 440/4 | €517,408 | €209,456 | -€307,952 | -59.5% |
| Taxes, remuneration and social security | 45 | €167,724 | €189,046 | +€21,322 | +12.7% |
| Taxes | 450/3 | €29,269 | €33,543 | +€4,274 | +14.6% |
| Remuneration and social security | 454/9 | €138,455 | €155,504 | +€17,048 | +12.3% |
| Other amounts payable | 47/48 | €3,224,882 | €2,975,810 | -€249,072 | -7.7% |
| Accrued charges and deferred income | 492/3 | €11,994 | - | -€11,994 | |
| Operating income | 70/76A | €2,010,705 | €2,664,151 | +€653,446 | +32.5% |
| Turnover | 70 | €1,938,746 | €2,619,605 | +€680,860 | +35.1% |
| Other operating income | 74 | €68,359 | €44,546 | -€23,814 | -34.8% |
| Non-recurring operating income | 76A | €3,600 | - | -€3,600 | |
| Operating charges | 60/66A | €2,162,477 | €2,487,239 | +€324,762 | +15.0% |
| Services and other goods | 61 | €574,329 | €857,925 | +€283,597 | +49.4% |
| Remuneration, social security and pensions | 62 | €1,411,748 | €1,462,556 | +€50,808 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,866 | €152,061 | -€6,806 | -4.3% |
| Other operating charges | 640/8 | €15,385 | €12,337 | -€3,047 | -19.8% |
| Non-recurring operating charges | 66A | €2,149 | €2,359 | +€210 | +9.8% |
| Operating profit (loss) | 9901 | -€151,772 | €176,913 | +€328,685 | |
| Financial income | 75/76B | €10,621 | €9,733 | -€888 | -8.4% |
| Recurring financial income | 75 | €10,621 | €9,733 | -€888 | -8.4% |
| Income from current assets | 751 | €10,083 | €9,671 | -€411 | -4.1% |
| Other financial income | 752/9 | €538 | €61 | -€477 | -88.6% |
| Financial charges | 65/66B | €122,600 | €114,414 | -€8,186 | -6.7% |
| Recurring financial charges | 65 | €122,600 | €114,414 | -€8,186 | -6.7% |
| Debt charges | 650 | €121,565 | €113,927 | -€7,637 | -6.3% |
| Other financial charges | 652/9 | €1,036 | €487 | -€549 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | -€263,751 | €72,231 | +€335,982 | |
| Income taxes | 67/77 | €2,766 | €1,984 | -€781 | -28.3% |
| Taxes | 670/3 | €2,766 | €1,984 | -€781 | -28.3% |
| Profit (loss) for the period | 9904 | -€266,517 | €70,247 | +€336,764 | |
| Profit (loss) for the period to be appropriated | 9905 | -€266,517 | €70,247 | +€336,764 |
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 16 October 2026 via checked.be.