OFF Invest: 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 Invest
Largest movements
- Tangible fixed assets -€561,872
down €561,872 (-100.0%), from €561,872 to €0
of which Land and buildings: -€557,756
- Receivables within one year -€19,255
down €19,255 (-56.2%), from €34,255 to €15,000
of which Trade receivables: -€19,255
- Cash +€9,403
up €9,403 (+195.8%), from €4,802 to €14,205
mainly Investment in fixed assets (net) (+€561,872) and Receivables within one year (+€19,255)
- Current portion of long-term debt -€475,307
no longer reported in 2025 (was €475,307)
- Other debts -€92,188
down €92,188 (-95.6%), from €96,459 to €4,271
- Trade debts -€14,762
down €14,762 (-71.4%), from €20,675 to €5,912
- Profit (loss) carried forward +€12,010
up €12,010 (+60.8%), from -€19,738 to -€7,728
- Debts after one year -€6,090
no longer reported in 2025 (was €6,090)
of which Other amounts payable: -€6,090
- Financial charges +€24,682
up €24,682 (+3207.3%), from €770 to €25,452
- Gross operating margin +€23,187
up €23,187 (+106.0%), from €21,881 to €45,068
- Depreciation -€15,733
down €15,733 (-99.2%), from €15,856 to €124
- Other operating charges -€685
down €685 (-16.1%), from €4,256 to €3,571
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 | €601,208 | €29,360 | -€571,848 | -95.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €562,152 | €156 | -€561,996 | -100.0% |
| Intangible fixed assets | 21 | €279 | €156 | -€124 | -44.3% |
| Tangible fixed assets | 22/27 | €561,872 | €0 | -€561,872 | -100.0% |
| Land and buildings | 22 | €557,756 | €0 | -€557,756 | -100.0% |
| Furniture and vehicles | 24 | €4,116 | €0 | -€4,116 | -100.0% |
| Current assets | 29/58 | €39,056 | €29,205 | -€9,852 | -25.2% |
| Amounts receivable within one year | 40/41 | €34,255 | €15,000 | -€19,255 | -56.2% |
| Trade receivables | 40 | €19,255 | €0 | -€19,255 | -100.0% |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,802 | €14,205 | +€9,403 | +195.8% |
| Total equity and liabilities | 10/49 | €601,208 | €29,360 | -€571,848 | -95.1% |
| Equity | 10/15 | -€4,738 | €7,272 | +€12,010 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Outside capital | 11 | €15,000 | €15,000 | = | 0.0% |
| Other | 1109/19 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,738 | -€7,728 | +€12,010 | +60.8% |
| Provisions and deferred taxes | 16 | - | €3,913 | +€3,913 | |
| Provisions for liabilities and charges | 160/5 | - | €3,913 | +€3,913 | |
| Other liabilities and charges | 164/5 | - | €3,913 | +€3,913 | |
| Amounts payable | 17/49 | €605,947 | €18,175 | -€587,771 | -97.0% |
| Amounts payable after more than one year | 17 | €6,090 | - | -€6,090 | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €6,090 | - | -€6,090 | |
| Amounts payable within one year | 42/48 | €597,390 | €14,478 | -€582,911 | -97.6% |
| Current portion of amounts payable after more than one year | 42 | €475,307 | - | -€475,307 | |
| Trade debts | 44 | €20,675 | €5,912 | -€14,762 | -71.4% |
| Suppliers | 440/4 | €20,675 | €5,912 | -€14,762 | -71.4% |
| Taxes, remuneration and social security | 45 | €4,949 | €4,295 | -€654 | -13.2% |
| Taxes | 450/3 | €4,949 | €4,295 | -€654 | -13.2% |
| Other amounts payable | 47/48 | €96,459 | €4,271 | -€92,188 | -95.6% |
| Accrued charges and deferred income | 492/3 | €2,467 | €3,697 | +€1,230 | +49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,856 | €124 | -€15,733 | -99.2% |
| Other operating charges | 640/8 | €4,256 | €3,571 | -€685 | -16.1% |
| Non-recurring operating charges | 66A | - | €3,913 | +€3,913 | |
| Gross operating margin | 9900 | €21,881 | €45,068 | +€23,187 | +106.0% |
| Operating profit (loss) | 9901 | €1,769 | €37,460 | +€35,691 | +2017.5% |
| Financial income | 75/76B | €0 | €2 | +€1 | +397.1% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +397.1% |
| Financial charges | 65/66B | €770 | €25,452 | +€24,682 | +3207.3% |
| Recurring financial charges | 65 | €770 | €25,452 | +€24,682 | +3207.3% |
| Profit (loss) for the period before taxes | 9903 | €1,000 | €12,010 | +€11,010 | +1101.2% |
| Profit (loss) for the period | 9904 | €1,000 | €12,010 | +€11,010 | +1101.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,000 | €12,010 | +€11,010 | +1101.2% |
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 8 October 2026 via checked.be.