OFA Belgium: 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.
OFA Belgium
Largest movements
- Receivables within one year +€28,227
up €28,227 (+177%), from €15,944 to €44,172
of which Trade receivables: +€28,831
- Cash -€6,920
down €6,920 (-26.2%), from €26,449 to €19,529
mainly Net result for the year (-€229,638) and Receivables within one year (-€28,227)
- Deferred charges and accrued income -€3,605
down €3,605 (-96.2%), from €3,748 to €143
- Financial fixed assets -€1,086
down €1,086 (-100%), from €1,086 to €0
- Profit (loss) carried forward -€229,638
down €229,638 (-54.1%), from -€424,860 to -€654,499
- Other debts +€207,138
up €207,138 (+75.2%), from €275,422 to €482,560
- Trade debts +€63,977
up €63,977 (+39.2%), from €163,033 to €227,010
- Tax, wage and social debts -€25,491
down €25,491 (-98.8%), from €25,789 to €298
of which Remuneration and social security: -€25,551
- Staff costs +€39,422
up €39,422 (+26.8%), from €147,154 to €186,576
- Gross operating margin +€11,461
up €11,461 (+21.4%), from -€53,549 to -€42,088
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 | €49,383 | €65,368 | +€15,985 | +32.4% |
| Formation expenses | 20 | €2,156 | €1,524 | -€631 | -29.3% |
| Fixed assets | 21/28 | €1,086 | €0 | -€1,086 | -100% |
| Financial fixed assets | 28 | €1,086 | €0 | -€1,086 | -100% |
| Current assets | 29/58 | €46,142 | €63,844 | +€17,702 | +38.4% |
| Amounts receivable within one year | 40/41 | €15,944 | €44,172 | +€28,227 | +177% |
| Trade receivables | 40 | €33 | €28,864 | +€28,831 | +87,102% |
| Other amounts receivable | 41 | €15,911 | €15,308 | -€603 | -3.8% |
| Cash at bank and in hand | 54/58 | €26,449 | €19,529 | -€6,920 | -26.2% |
| Deferred charges and accrued income | 490/1 | €3,748 | €143 | -€3,605 | -96.2% |
| Total equity and liabilities | 10/49 | €49,383 | €65,368 | +€15,985 | +32.4% |
| Equity | 10/15 | -€414,860 | -€644,499 | -€229,638 | -55.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€424,860 | -€654,499 | -€229,638 | -54.1% |
| Amounts payable | 17/49 | €464,244 | €709,867 | +€245,623 | +52.9% |
| Amounts payable within one year | 42/48 | €464,244 | €709,867 | +€245,623 | +52.9% |
| Trade debts | 44 | €163,033 | €227,010 | +€63,977 | +39.2% |
| Suppliers | 440/4 | €163,033 | €227,010 | +€63,977 | +39.2% |
| Taxes, remuneration and social security | 45 | €25,789 | €298 | -€25,491 | -98.8% |
| Taxes | 450/3 | €238 | €298 | +€60 | +25.3% |
| Remuneration and social security | 454/9 | €25,551 | €0 | -€25,551 | -100% |
| Other amounts payable | 47/48 | €275,422 | €482,560 | +€207,138 | +75.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €147,154 | €186,576 | +€39,422 | +26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €631 | €631 | = | 0.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€53,549 | -€42,088 | +€11,461 | +21.4% |
| Operating profit (loss) | 9901 | -€201,334 | -€229,295 | -€27,961 | -13.9% |
| Financial charges | 65/66B | €70 | €205 | +€135 | +192% |
| Recurring financial charges | 65 | €70 | €205 | +€135 | +192% |
| Profit (loss) for the period before taxes | 9903 | -€201,405 | -€229,500 | -€28,096 | -13.9% |
| Income taxes | 67/77 | €160 | €138 | -€22 | -13.8% |
| Profit (loss) for the period | 9904 | -€201,565 | -€229,638 | -€28,074 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€201,565 | -€229,638 | -€28,074 | -13.9% |
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 18 October 2026 via checked.be.