OFF estate: what changed
Two fiscal 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.
OFF estate
Largest movements
- Stocks and contracts +€147,869
up €147,869 (+1405.9%), from €10,518 to €158,388
- Cash -€36,699
down €36,699 (-35.3%), from €104,053 to €67,354
mainly Stocks and contracts (-€147,869) and Tax, wage and social debts (-€43,247)
- Receivables within one year -€7,725
down €7,725 (-7.8%), from €98,634 to €90,909
of which Other amounts receivable: -€54,701
- Debts after one year +€120,245
up €120,245 (+4943.7%), from €2,432 to €122,677
- Current portion of long-term debt +€45,118
up €45,118 (+2126.6%), from €2,122 to €47,240
- Tax, wage and social debts -€43,247
down €43,247 (-78.0%), from €55,453 to €12,206
of which Taxes: -€43,052
- Trade debts -€19,575
down €19,575 (-77.5%), from €25,253 to €5,678
- Profit (loss) carried forward -€16,976
down €16,976 (-13.3%), from €127,182 to €110,205
- Gross operating margin -€85,470
down €85,470 (-64.3%), from €132,873 to €47,402
- Taxes -€16,870
down €16,870 (-83.9%), from €20,115 to €3,245
- Financial charges -€10,882
down €10,882 (-80.6%), from €13,509 to €2,627
- Staff costs +€9,983
up €9,983 (+35.9%), from €27,806 to €37,789
- Provisions +€7,969
up €7,969 (+120.3%), from €6,625 to €14,594
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.
Cash bridge derived
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 | €220,400 | €320,189 | +€99,789 | +45.3% |
| Fixed assets | 21/28 | €4,549 | €2,495 | -€2,054 | -45.1% |
| Tangible fixed assets | 22/27 | €4,549 | €2,495 | -€2,054 | -45.1% |
| Plant, machinery and equipment | 23 | €2,586 | €1,682 | -€904 | -35.0% |
| Furniture and vehicles | 24 | €1,962 | €813 | -€1,150 | -58.6% |
| Current assets | 29/58 | €215,851 | €317,694 | +€101,843 | +47.2% |
| Stocks and contracts in progress | 3 | €10,518 | €158,388 | +€147,869 | +1405.9% |
| Stocks | 30/36 | €10,518 | €158,388 | +€147,869 | +1405.9% |
| Amounts receivable within one year | 40/41 | €98,634 | €90,909 | -€7,725 | -7.8% |
| Trade receivables | 40 | €11,093 | €58,069 | +€46,976 | +423.5% |
| Other amounts receivable | 41 | €87,541 | €32,840 | -€54,701 | -62.5% |
| Cash at bank and in hand | 54/58 | €104,053 | €67,354 | -€36,699 | -35.3% |
| Deferred charges and accrued income | 490/1 | €2,646 | €1,044 | -€1,602 | -60.5% |
| Total equity and liabilities | 10/49 | €220,400 | €320,189 | +€99,789 | +45.3% |
| Equity | 10/15 | €127,682 | €110,705 | -€16,976 | -13.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,182 | €110,205 | -€16,976 | -13.3% |
| Provisions and deferred taxes | 16 | €6,625 | €21,219 | +€14,594 | +220.3% |
| Provisions for liabilities and charges | 160/5 | €6,625 | €21,219 | +€14,594 | +220.3% |
| Other liabilities and charges | 164/5 | €6,625 | €21,219 | +€14,594 | +220.3% |
| Amounts payable | 17/49 | €86,093 | €188,265 | +€102,172 | +118.7% |
| Amounts payable after more than one year | 17 | €2,432 | €122,677 | +€120,245 | +4943.7% |
| Financial debts | 170/4 | €2,432 | €122,677 | +€120,245 | +4943.7% |
| Amounts payable within one year | 42/48 | €83,661 | €65,124 | -€18,537 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €2,122 | €47,240 | +€45,118 | +2126.6% |
| Trade debts | 44 | €25,253 | €5,678 | -€19,575 | -77.5% |
| Suppliers | 440/4 | €25,253 | €5,678 | -€19,575 | -77.5% |
| Taxes, remuneration and social security | 45 | €55,453 | €12,206 | -€43,247 | -78.0% |
| Taxes | 450/3 | €48,321 | €5,269 | -€43,052 | -89.1% |
| Remuneration and social security | 454/9 | €7,132 | €6,937 | -€196 | -2.7% |
| Other amounts payable | 47/48 | €833 | €0 | -€833 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €464 | +€464 | |
| Remuneration, social security and pensions | 62 | €27,806 | €37,789 | +€9,983 | +35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,275 | €2,054 | +€778 | +61.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €6,625 | €14,594 | +€7,969 | +120.3% |
| Other operating charges | 640/8 | €6,429 | €6,135 | -€294 | -4.6% |
| Gross operating margin | 9900 | €132,873 | €47,402 | -€85,470 | -64.3% |
| Operating profit (loss) | 9901 | €90,737 | -€13,170 | -€103,907 | |
| Financial income | 75/76B | €2,261 | €2,065 | -€196 | -8.7% |
| Recurring financial income | 75 | €2,261 | €2,065 | -€196 | -8.7% |
| Financial charges | 65/66B | €13,509 | €2,627 | -€10,882 | -80.6% |
| Recurring financial charges | 65 | €13,509 | €2,627 | -€10,882 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | €79,489 | -€13,732 | -€93,221 | |
| Income taxes | 67/77 | €20,115 | €3,245 | -€16,870 | -83.9% |
| Profit (loss) for the period | 9904 | €59,374 | -€16,976 | -€76,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,374 | -€16,976 | -€76,350 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.