Effective Office Solutions: 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.
Effective Office Solutions
Largest movements
- Cash -€80,933
down €80,933 (-18.2%), from €444,771 to €363,839
mainly Contributions, distributions and other (-€76,608) and Receivables within one year (-€62,919)
- Receivables within one year +€62,919
up €62,919 (+35.5%), from €177,252 to €240,171
of which Trade receivables: +€62,919
- Current investments +€59,747
up €59,747 (+19.9%), from €300,000 to €359,747
- Tangible fixed assets -€20,219
down €20,219 (-6.9%), from €291,125 to €270,906
of which Land and buildings: -€12,000
- Other debts +€71,288
up €71,288 (+82.0%), from €86,917 to €158,205
- Trade debts -€29,330
down €29,330 (-13.7%), from €214,560 to €185,230
- Financial income -€78,576
down €78,576 (-96.6%), from €81,364 to €2,788
of which Non-recurring financial income: -€80,057
- Taxes -€28,367
down €28,367 (-47.3%), from €60,026 to €31,659
- Write-downs +€17,805
no longer reported in 2025 (was -€17,805)
- Gross operating margin -€13,430
down €13,430 (-5.6%), from €240,255 to €226,826
- Staff costs -€8,454
down €8,454 (-7.5%), from €112,431 to €103,977
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 | €1,305,230 | €1,327,292 | +€22,061 | +1.7% |
| Fixed assets | 21/28 | €291,625 | €271,406 | -€20,219 | -6.9% |
| Tangible fixed assets | 22/27 | €291,125 | €270,906 | -€20,219 | -6.9% |
| Land and buildings | 22 | €264,010 | €252,010 | -€12,000 | -4.5% |
| Plant, machinery and equipment | 23 | €7,525 | €457 | -€7,068 | -93.9% |
| Furniture and vehicles | 24 | €19,591 | €18,439 | -€1,151 | -5.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,013,605 | €1,055,886 | +€42,280 | +4.2% |
| Stocks and contracts in progress | 3 | €90,000 | €90,000 | = | 0.0% |
| Stocks | 30/36 | €90,000 | €90,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €177,252 | €240,171 | +€62,919 | +35.5% |
| Trade receivables | 40 | €177,130 | €240,049 | +€62,919 | +35.5% |
| Other amounts receivable | 41 | €122 | €122 | = | 0.0% |
| Current investments | 50/53 | €300,000 | €359,747 | +€59,747 | +19.9% |
| Cash at bank and in hand | 54/58 | €444,771 | €363,839 | -€80,933 | -18.2% |
| Deferred charges and accrued income | 490/1 | €1,582 | €2,129 | +€547 | +34.6% |
| Total equity and liabilities | 10/49 | €1,305,230 | €1,327,292 | +€22,061 | +1.7% |
| Equity | 10/15 | €790,876 | €784,680 | -€6,196 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €572,131 | €566,910 | -€5,222 | -0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €570,271 | €565,050 | -€5,222 | -0.9% |
| Profit (loss) carried forward | 14 | €175,509 | €175,509 | = | 0.0% |
| Investment grants | 15 | €24,636 | €23,662 | -€974 | -4.0% |
| Provisions and deferred taxes | 16 | €32,140 | €26,326 | -€5,814 | -18.1% |
| Provisions for liabilities and charges | 160/5 | €32,140 | €26,326 | -€5,814 | -18.1% |
| Environmental obligations | 163 | €32,140 | €26,326 | -€5,814 | -18.1% |
| Amounts payable | 17/49 | €482,214 | €516,285 | +€34,071 | +7.1% |
| Amounts payable after more than one year | 17 | €86,759 | €84,408 | -€2,351 | -2.7% |
| Other amounts payable | 178/9 | €86,759 | €84,408 | -€2,351 | -2.7% |
| Amounts payable within one year | 42/48 | €395,455 | €431,877 | +€36,422 | +9.2% |
| Trade debts | 44 | €214,560 | €185,230 | -€29,330 | -13.7% |
| Suppliers | 440/4 | €214,560 | €185,230 | -€29,330 | -13.7% |
| Advances received on contracts in progress | 46 | €4,619 | €11,477 | +€6,858 | +148% |
| Taxes, remuneration and social security | 45 | €89,358 | €76,964 | -€12,394 | -13.9% |
| Taxes | 450/3 | €62,758 | €63,133 | +€375 | +0.6% |
| Remuneration and social security | 454/9 | €26,601 | €13,831 | -€12,770 | -48.0% |
| Other amounts payable | 47/48 | €86,917 | €158,205 | +€71,288 | +82.0% |
| Remuneration, social security and pensions | 62 | €112,431 | €103,977 | -€8,454 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,705 | €20,219 | -€6,486 | -24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,805 | - | +€17,805 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €199 | -€5,814 | -€6,013 | |
| Other operating charges | 640/8 | €5,773 | €5,164 | -€609 | -10.5% |
| Gross operating margin | 9900 | €240,255 | €226,826 | -€13,430 | -5.6% |
| Operating profit (loss) | 9901 | €112,952 | €103,279 | -€9,673 | -8.6% |
| Financial income | 75/76B | €81,364 | €2,788 | -€78,576 | -96.6% |
| Recurring financial income | 75 | €1,307 | €2,788 | +€1,481 | +113% |
| Non-recurring financial income | 76B | €80,057 | - | -€80,057 | |
| Financial charges | 65/66B | €2,987 | €3,997 | +€1,010 | +33.8% |
| Recurring financial charges | 65 | €2,987 | €3,997 | +€1,010 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €191,329 | €102,071 | -€89,258 | -46.7% |
| Income taxes | 67/77 | €60,026 | €31,659 | -€28,367 | -47.3% |
| Profit (loss) for the period | 9904 | €131,303 | €70,412 | -€60,891 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €131,303 | €70,412 | -€60,891 | -46.4% |
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 25 October 2026 via checked.be.