OFFICE 1829: 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.
OFFICE 1829
Largest movements
- Cash +€37,350
up €37,350 (+147%), from €25,396 to €62,746
mainly Net result for the year (+€21,806) and Depreciation (+€17,565)
- Tangible fixed assets -€16,053
down €16,053 (-20.8%), from €77,063 to €61,009
- Receivables within one year -€4,507
down €4,507 (-25.4%), from €17,717 to €13,209
of which Other amounts receivable: -€4,334
- Stocks and contracts +€3,535
up €3,535 (+161%), from €2,200 to €5,735
of which Stocks: +€3,135
- Reserves +€21,800
up €21,800 (+41.1%), from €53,100 to €74,900
- Debts after one year -€8,257
down €8,257 (-27.9%), from €29,549 to €21,293
- Other debts +€6,492
up €6,492 (+31.5%), from €20,606 to €27,098
- Trade debts -€3,102
down €3,102 (-51.8%), from €5,991 to €2,888
- Tax, wage and social debts +€2,452
up €2,452 (+35.9%), from €6,832 to €9,284
of which Taxes: +€2,452
- Gross operating margin +€20,542
up €20,542 (+78.1%), from €26,315 to €46,857
- Depreciation +€7,521
up €7,521 (+74.9%), from €10,043 to €17,565
- Taxes +€2,840
up €2,840 (+92.8%), from €3,061 to €5,901
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 | €125,125 | €144,824 | +€19,698 | +15.7% |
| Fixed assets | 21/28 | €77,063 | €61,009 | -€16,053 | -20.8% |
| Tangible fixed assets | 22/27 | €77,063 | €61,009 | -€16,053 | -20.8% |
| Furniture and vehicles | 24 | €77,063 | €61,009 | -€16,053 | -20.8% |
| Current assets | 29/58 | €48,063 | €83,814 | +€35,752 | +74.4% |
| Stocks and contracts in progress | 3 | €2,200 | €5,735 | +€3,535 | +161% |
| Stocks | 30/36 | - | €3,135 | +€3,135 | |
| Contracts in progress | 37 | €2,200 | €2,600 | +€400 | +18.2% |
| Amounts receivable within one year | 40/41 | €17,717 | €13,209 | -€4,507 | -25.4% |
| Trade receivables | 40 | €13,217 | €13,043 | -€174 | -1.3% |
| Other amounts receivable | 41 | €4,500 | €166 | -€4,334 | -96.3% |
| Cash at bank and in hand | 54/58 | €25,396 | €62,746 | +€37,350 | +147% |
| Deferred charges and accrued income | 490/1 | €2,750 | €2,124 | -€626 | -22.7% |
| Total equity and liabilities | 10/49 | €125,125 | €144,824 | +€19,698 | +15.7% |
| Equity | 10/15 | €54,197 | €76,003 | +€21,806 | +40.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €53,100 | €74,900 | +€21,800 | +41.1% |
| Distributable reserves | 133 | €53,100 | €74,900 | +€21,800 | +41.1% |
| Profit (loss) carried forward | 14 | €97 | €103 | +€6 | +6.2% |
| Amounts payable | 17/49 | €70,928 | €68,821 | -€2,108 | -3.0% |
| Amounts payable after more than one year | 17 | €29,549 | €21,293 | -€8,257 | -27.9% |
| Financial debts | 170/4 | €29,549 | €21,293 | -€8,257 | -27.9% |
| Amounts payable within one year | 42/48 | €41,379 | €47,528 | +€6,149 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €7,950 | €8,258 | +€307 | +3.9% |
| Trade debts | 44 | €5,991 | €2,888 | -€3,102 | -51.8% |
| Suppliers | 440/4 | €5,991 | €2,888 | -€3,102 | -51.8% |
| Taxes, remuneration and social security | 45 | €6,832 | €9,284 | +€2,452 | +35.9% |
| Taxes | 450/3 | €5,332 | €7,784 | +€2,452 | +46.0% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €20,606 | €27,098 | +€6,492 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,043 | €17,565 | +€7,521 | +74.9% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €26,315 | €46,857 | +€20,542 | +78.1% |
| Operating profit (loss) | 9901 | €16,271 | €28,892 | +€12,621 | +77.6% |
| Financial income | 75/76B | €352 | €168 | -€184 | -52.3% |
| Recurring financial income | 75 | €352 | €168 | -€184 | -52.3% |
| Financial charges | 65/66B | €1,075 | €1,354 | +€278 | +25.9% |
| Recurring financial charges | 65 | €1,075 | €1,354 | +€278 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €15,548 | €27,707 | +€12,159 | +78.2% |
| Income taxes | 67/77 | €3,061 | €5,901 | +€2,840 | +92.8% |
| Profit (loss) for the period | 9904 | €12,487 | €21,806 | +€9,319 | +74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,487 | €21,806 | +€9,319 | +74.6% |
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 25 October 2026 via checked.be.