L'OFFICINA: what changed
What changed
L'OFFICINA
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€205,401
2024 · €138,380+€67,021
Equity
€399,771
2024 · €329,370+€70,401
Cash
€259,429
2024 · €170,463+€88,966
Balance sheet total
€1.9m
2024 · €1.8m+€28,846
Largest movements
Assets
- Cash +€88,966
up €88,966 (+52.2%), from €170,463 to €259,429
mainly Net result for the year (+€205,401) and Depreciation (+€65,005)
- Tangible fixed assets -€62,328
down €62,328 (-4.5%), from €1.4m to €1.3m
of which Land and buildings: -€45,831
Equity and liabilities
- Reserves +€347,771
up €347,771 (+1,087%), from €32,000 to €379,771
of which Distributable reserves: +€349,771
- Profit (loss) carried forward -€277,370
no longer reported in 2025 (was €277,370)
- Debts after one year -€44,635
down €44,635 (-4.2%), from €1.1m to €1.0m
- Other debts +€37,512
up €37,512 (+31.8%), from €117,817 to €155,329
Income statement
- Gross operating margin +€251,963
up €251,963 (+52.3%), from €481,558 to €733,521
- Staff costs +€94,493
up €94,493 (+44.5%), from €212,198 to €306,691
- Taxes +€32,395
up €32,395 (+69.9%), from €46,328 to €78,724
- Depreciation +€23,117
up €23,117 (+55.2%), from €41,889 to €65,005
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€138,380
Gross operating margin
+€251,963
Staff costs
-€94,493
Depreciation
-€23,117
Other operating charges
+€3,066
Other operating items
-€30,952
Financial income
+€78
Financial charges
-€7,128
Taxes
-€32,395
Result 2025
€205,401
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€270,557
Investment
-€3,702
Financing
-€177,889
Cash 2024
€170,463
From operations (derived)
+€270,557
Net result for the year
+€205,401
Depreciation
+€65,005
Stocks and contracts
-€4,205
Receivables within one year
+€6,390
Deferred charges and accrued income
-€3,369
Trade debts
-€10,773
Tax, wage and social debts
-€12,635
Advances received
-€12,786
Other debts
+€37,512
Accrued charges and deferred income
+€15
Investment (derived)
-€3,702
Investment in fixed assets (net)
-€3,702
Financing
-€177,889
Debts after one year
-€44,635
Current portion of long-term debt
+€1,746
Contributions, distributions and other
-€135,000
Cash 2025
€259,429
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,821,511 | €1,850,357 | +€28,846 | +1.6% |
| Fixed assets | 21/28 | €1,372,808 | €1,311,504 | -€61,304 | -4.5% |
| Intangible fixed assets | 21 | - | €1,025 | +€1,025 | |
| Tangible fixed assets | 22/27 | €1,372,690 | €1,310,362 | -€62,328 | -4.5% |
| Land and buildings | 22 | €1,340,442 | €1,294,611 | -€45,831 | -3.4% |
| Furniture and vehicles | 24 | €20,224 | €15,751 | -€4,473 | -22.1% |
| Other tangible fixed assets | 26 | €12,025 | - | -€12,025 | |
| Financial fixed assets | 28 | €117 | €117 | = | 0.0% |
| Current assets | 29/58 | €448,703 | €538,853 | +€90,150 | +20.1% |
| Stocks and contracts in progress | 3 | €96,174 | €100,378 | +€4,205 | +4.4% |
| Stocks | 30/36 | €96,174 | €100,378 | +€4,205 | +4.4% |
| Amounts receivable within one year | 40/41 | €179,698 | €173,309 | -€6,390 | -3.6% |
| Trade receivables | 40 | €179,561 | €173,309 | -€6,252 | -3.5% |
| Other amounts receivable | 41 | €137 | - | -€137 | |
| Cash at bank and in hand | 54/58 | €170,463 | €259,429 | +€88,966 | +52.2% |
| Deferred charges and accrued income | 490/1 | €2,368 | €5,737 | +€3,369 | +142% |
| Total equity and liabilities | 10/49 | €1,821,511 | €1,850,357 | +€28,846 | +1.6% |
| Equity | 10/15 | €329,370 | €399,771 | +€70,401 | +21.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €379,771 | +€347,771 | +1,087% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €30,000 | €379,771 | +€349,771 | +1,166% |
| Profit (loss) carried forward | 14 | €277,370 | - | -€277,370 | |
| Provisions and deferred taxes | 16 | €13,396 | €13,396 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €13,396 | €13,396 | = | 0.0% |
| Pensions and similar obligations | 160 | €13,396 | €13,396 | = | 0.0% |
| Amounts payable | 17/49 | €1,478,745 | €1,437,190 | -€41,555 | -2.8% |
| Amounts payable after more than one year | 17 | €1,062,266 | €1,017,631 | -€44,635 | -4.2% |
| Financial debts | 170/4 | €1,062,266 | €1,017,631 | -€44,635 | -4.2% |
| Amounts payable within one year | 42/48 | €416,480 | €419,544 | +€3,065 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €42,889 | €44,635 | +€1,746 | +4.1% |
| Trade debts | 44 | €110,834 | €100,062 | -€10,773 | -9.7% |
| Suppliers | 440/4 | €110,834 | €100,062 | -€10,773 | -9.7% |
| Advances received on contracts in progress | 46 | €12,786 | - | -€12,786 | |
| Taxes, remuneration and social security | 45 | €132,154 | €119,519 | -€12,635 | -9.6% |
| Taxes | 450/3 | €116,611 | €86,228 | -€30,383 | -26.1% |
| Remuneration and social security | 454/9 | €15,543 | €33,291 | +€17,748 | +114% |
| Other amounts payable | 47/48 | €117,817 | €155,329 | +€37,512 | +31.8% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Non-recurring operating income | 76A | - | €48,430 | +€48,430 | |
| Remuneration, social security and pensions | 62 | €212,198 | €306,691 | +€94,493 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,889 | €65,005 | +€23,117 | +55.2% |
| Other operating charges | 640/8 | €11,809 | €8,744 | -€3,066 | -26.0% |
| Non-recurring operating charges | 66A | - | €30,952 | +€30,952 | |
| Gross operating margin | 9900 | €481,558 | €733,521 | +€251,963 | +52.3% |
| Operating profit (loss) | 9901 | €215,661 | €322,129 | +€106,467 | +49.4% |
| Financial income | 75/76B | €274 | €351 | +€78 | +28.4% |
| Recurring financial income | 75 | €274 | €351 | +€78 | +28.4% |
| Financial charges | 65/66B | €31,227 | €38,355 | +€7,128 | +22.8% |
| Recurring financial charges | 65 | €31,227 | €38,355 | +€7,128 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €184,708 | €284,125 | +€99,416 | +53.8% |
| Income taxes | 67/77 | €46,328 | €78,724 | +€32,395 | +69.9% |
| Profit (loss) for the period | 9904 | €138,380 | €205,401 | +€67,021 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €138,380 | €205,401 | +€67,021 | +48.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.