OFELIA: 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
OFELIA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€50,457
2024 · €45,874+€4,583
Equity
€459,380
2024 · €572,923-€113,543
Cash
€167,352
2024 · €120,722+€46,630
Balance sheet total
€773,597
2024 · €783,375-€9,778
Largest movements
Assets
- Cash +€46,630
up €46,630 (+38.6%), from €120,722 to €167,352
mainly Other debts (+€159,219) and Net result for the year (+€50,457)
- Receivables after one year -€40,337
down €40,337 (-35.1%), from €114,921 to €74,584
- Tangible fixed assets -€22,894
down €22,894 (-5.8%), from €395,658 to €372,763
of which Land and buildings: -€22,059
Equity and liabilities
- Other debts +€159,219
up €159,219 (+3,270%), from €4,869 to €164,089
- Reserves -€113,543
down €113,543 (-20.0%), from €566,723 to €453,180
of which Distributable reserves: -€104,310
- Debts after one year -€50,308
down €50,308 (-49.5%), from €101,584 to €51,276
Income statement
- Gross operating margin +€8,493
up €8,493 (+8.8%), from €95,997 to €104,490
- Financial income -€3,767
down €3,767 (-31.1%), from €12,119 to €8,352
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
€45,874
Gross operating margin
+€8,493
Depreciation
-€32
Other operating charges
+€344
Financial income
-€3,767
Financial charges
+€476
Taxes
-€931
Result 2025
€50,457
raises the resultlowers the result
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
+€266,110
Investment
-€4,713
Financing
-€214,767
Cash 2024
€120,722
From operations (derived)
+€266,110
Net result for the year
+€50,457
Depreciation
+€26,965
Receivables after one year
+€40,337
Receivables within one year
-€1,037
Deferred charges and accrued income
-€5,144
Provisions
-€2,308
Trade debts
+€1,667
Tax, wage and social debts
-€4,022
Other debts
+€159,219
Accrued charges and deferred income
-€23
Investment (derived)
-€4,713
Investment in fixed assets (net)
-€4,070
Current investments
-€642
Financing
-€214,767
Debts after one year
-€50,308
Current portion of long-term debt
-€459
Contributions, distributions and other
-€164,000
Cash 2025
€167,352
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €783,375 | €773,597 | -€9,778 | -1.2% |
| Fixed assets | 21/28 | €433,566 | €410,671 | -€22,894 | -5.3% |
| Tangible fixed assets | 22/27 | €395,658 | €372,763 | -€22,894 | -5.8% |
| Land and buildings | 22 | €393,879 | €371,820 | -€22,059 | -5.6% |
| Plant, machinery and equipment | 23 | €252 | €0 | -€252 | -100% |
| Furniture and vehicles | 24 | €1,527 | €943 | -€584 | -38.2% |
| Financial fixed assets | 28 | €37,908 | €37,908 | = | 0.0% |
| Current assets | 29/58 | €349,809 | €362,926 | +€13,117 | +3.7% |
| Amounts receivable after more than one year | 29 | €114,921 | €74,584 | -€40,337 | -35.1% |
| Other amounts receivable | 291 | €114,921 | €74,584 | -€40,337 | -35.1% |
| Amounts receivable within one year | 40/41 | €58,643 | €59,680 | +€1,037 | +1.8% |
| Trade receivables | 40 | €14,623 | €15,243 | +€620 | +4.2% |
| Other amounts receivable | 41 | €44,020 | €44,437 | +€417 | +0.9% |
| Current investments | 50/53 | €50,790 | €51,432 | +€642 | +1.3% |
| Cash at bank and in hand | 54/58 | €120,722 | €167,352 | +€46,630 | +38.6% |
| Deferred charges and accrued income | 490/1 | €4,733 | €9,877 | +€5,144 | +109% |
| Total equity and liabilities | 10/49 | €783,375 | €773,597 | -€9,778 | -1.2% |
| Equity | 10/15 | €572,923 | €459,380 | -€113,543 | -19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €566,723 | €453,180 | -€113,543 | -20.0% |
| Tax-exempt reserves | 132 | €121,230 | €111,997 | -€9,233 | -7.6% |
| Distributable reserves | 133 | €445,493 | €341,183 | -€104,310 | -23.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €30,307 | €27,999 | -€2,308 | -7.6% |
| Deferred taxes | 168 | €30,307 | €27,999 | -€2,308 | -7.6% |
| Amounts payable | 17/49 | €180,144 | €286,218 | +€106,074 | +58.9% |
| Amounts payable after more than one year | 17 | €101,584 | €51,276 | -€50,308 | -49.5% |
| Financial debts | 170/4 | €101,584 | €51,276 | -€50,308 | -49.5% |
| Amounts payable within one year | 42/48 | €75,956 | €232,361 | +€156,405 | +206% |
| Current portion of amounts payable after more than one year | 42 | €55,037 | €54,577 | -€459 | -0.8% |
| Trade debts | 44 | €5,557 | €7,224 | +€1,667 | +30.0% |
| Suppliers | 440/4 | €5,557 | €7,224 | +€1,667 | +30.0% |
| Taxes, remuneration and social security | 45 | €10,493 | €6,471 | -€4,022 | -38.3% |
| Taxes | 450/3 | €8,443 | €6,471 | -€1,972 | -23.4% |
| Remuneration and social security | 454/9 | €2,050 | €0 | -€2,050 | -100% |
| Other amounts payable | 47/48 | €4,869 | €164,089 | +€159,219 | +3,270% |
| Accrued charges and deferred income | 492/3 | €2,604 | €2,581 | -€23 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,933 | €26,965 | +€32 | +0.1% |
| Other operating charges | 640/8 | €8,468 | €8,124 | -€344 | -4.1% |
| Gross operating margin | 9900 | €95,997 | €104,490 | +€8,493 | +8.8% |
| Operating profit (loss) | 9901 | €60,596 | €69,401 | +€8,805 | +14.5% |
| Financial income | 75/76B | €12,119 | €8,352 | -€3,767 | -31.1% |
| Recurring financial income | 75 | €12,119 | €8,352 | -€3,767 | -31.1% |
| Financial charges | 65/66B | €5,250 | €4,774 | -€476 | -9.1% |
| Recurring financial charges | 65 | €5,250 | €4,774 | -€476 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €67,465 | €72,979 | +€5,514 | +8.2% |
| Transfer from deferred taxes | 780 | €2,308 | €2,308 | = | 0.0% |
| Income taxes | 67/77 | €23,899 | €24,831 | +€931 | +3.9% |
| Profit (loss) for the period | 9904 | €45,874 | €50,457 | +€4,583 | +10.0% |
| Transfer from tax-exempt reserves | 789 | €9,233 | €9,233 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,107 | €59,690 | +€4,583 | +8.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.