OFENFRISCH: 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.
OFENFRISCH
Largest movements
- Tangible fixed assets -€76,631
down €76,631 (-12.4%), from €618,099 to €541,468
- Cash +€62,980
up €62,980 (+98.8%), from €63,773 to €126,754
mainly Depreciation (+€81,931) and Other debts (+€63,513)
- Debts after one year -€64,041
down €64,041 (-17.7%), from €361,913 to €297,872
of which Financial debts: -€65,081
- Other debts +€63,513
up €63,513 (+412%), from €15,430 to €78,943
- Trade debts +€46,840
up €46,840 (+1,057%), from €4,432 to €51,272
- Reserves -€44,957
down €44,957 (-21.7%), from €206,733 to €161,776
- Current portion of long-term debt -€14,472
down €14,472 (-15.6%), from €92,596 to €78,125
- Staff costs +€38,758
up €38,758 (+19.3%), from €200,505 to €239,263
- Gross operating margin +€34,009
up €34,009 (+9.8%), from €347,059 to €381,068
- Financial income -€6,556
down €6,556 (-51.6%), from €12,710 to €6,155
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 | €741,012 | €731,303 | -€9,710 | -1.3% |
| Fixed assets | 21/28 | €618,099 | €541,468 | -€76,631 | -12.4% |
| Tangible fixed assets | 22/27 | €618,099 | €541,468 | -€76,631 | -12.4% |
| Land and buildings | 22 | €382,358 | €352,310 | -€30,048 | -7.9% |
| Plant, machinery and equipment | 23 | €183,908 | €154,020 | -€29,888 | -16.3% |
| Furniture and vehicles | 24 | €51,833 | €35,138 | -€16,695 | -32.2% |
| Current assets | 29/58 | €122,914 | €189,835 | +€66,921 | +54.4% |
| Stocks and contracts in progress | 3 | €16,503 | €15,433 | -€1,069 | -6.5% |
| Stocks | 30/36 | €16,503 | €15,433 | -€1,069 | -6.5% |
| Amounts receivable within one year | 40/41 | €33,120 | €33,815 | +€695 | +2.1% |
| Trade receivables | 40 | €31,134 | €25,907 | -€5,227 | -16.8% |
| Other amounts receivable | 41 | €1,986 | €7,908 | +€5,922 | +298% |
| Current investments | 50/53 | - | €4,117 | +€4,117 | |
| Cash at bank and in hand | 54/58 | €63,773 | €126,754 | +€62,980 | +98.8% |
| Deferred charges and accrued income | 490/1 | €9,518 | €9,716 | +€198 | +2.1% |
| Total equity and liabilities | 10/49 | €741,012 | €731,303 | -€9,710 | -1.3% |
| Equity | 10/15 | €230,871 | €180,376 | -€50,495 | -21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €206,733 | €161,776 | -€44,957 | -21.7% |
| Distributable reserves | 133 | €206,733 | €161,776 | -€44,957 | -21.7% |
| Investment grants | 15 | €5,538 | - | -€5,538 | |
| Amounts payable | 17/49 | €510,142 | €550,927 | +€40,785 | +8.0% |
| Amounts payable after more than one year | 17 | €361,913 | €297,872 | -€64,041 | -17.7% |
| Financial debts | 170/4 | €359,083 | €294,002 | -€65,081 | -18.1% |
| Other amounts payable | 178/9 | €2,830 | €3,870 | +€1,040 | +36.7% |
| Amounts payable within one year | 42/48 | €146,426 | €252,296 | +€105,870 | +72.3% |
| Current portion of amounts payable after more than one year | 42 | €92,596 | €78,125 | -€14,472 | -15.6% |
| Trade debts | 44 | €4,432 | €51,272 | +€46,840 | +1,057% |
| Suppliers | 440/4 | €4,432 | €51,272 | +€46,840 | +1,057% |
| Taxes, remuneration and social security | 45 | €33,968 | €43,958 | +€9,989 | +29.4% |
| Taxes | 450/3 | €6,318 | €9,682 | +€3,364 | +53.2% |
| Remuneration and social security | 454/9 | €27,650 | €34,276 | +€6,626 | +24.0% |
| Other amounts payable | 47/48 | €15,430 | €78,943 | +€63,513 | +412% |
| Accrued charges and deferred income | 492/3 | €1,803 | €759 | -€1,044 | -57.9% |
| Remuneration, social security and pensions | 62 | €200,505 | €239,263 | +€38,758 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,157 | €81,931 | +€1,774 | +2.2% |
| Other operating charges | 640/8 | €5,441 | €7,203 | +€1,761 | +32.4% |
| Gross operating margin | 9900 | €347,059 | €381,068 | +€34,009 | +9.8% |
| Operating profit (loss) | 9901 | €60,955 | €52,672 | -€8,284 | -13.6% |
| Financial income | 75/76B | €12,710 | €6,155 | -€6,556 | -51.6% |
| Recurring financial income | 75 | €12,710 | €6,155 | -€6,556 | -51.6% |
| Financial charges | 65/66B | €11,864 | €9,714 | -€2,151 | -18.1% |
| Recurring financial charges | 65 | €11,864 | €9,714 | -€2,151 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €61,801 | €49,113 | -€12,689 | -20.5% |
| Income taxes | 67/77 | €18,014 | €15,127 | -€2,887 | -16.0% |
| Profit (loss) for the period | 9904 | €43,788 | €33,986 | -€9,802 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,788 | €33,986 | -€9,802 | -22.4% |
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 26 October 2026 via checked.be.