Office 51: 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 51
Largest movements
- Receivables within one year +€21,000
up €21,000 (+117%), from €18,000 to €39,000
of which Other amounts receivable: +€21,000
- Tangible fixed assets -€17,920
down €17,920 (-11.1%), from €161,280 to €143,360
- Tax, wage and social debts +€6,013
up €6,013 (+182%), from €3,305 to €9,318
- Short-term financial debts -€5,530
down €5,530 (-53.5%), from €10,342 to €4,812
- Other debts +€3,000
up €3,000 (+3.4%), from €87,500 to €90,500
- Taxes +€1,013
up €1,013 (+17.5%), from €5,799 to €6,812
- Financial charges -€934
down €934 (-50.1%), from €1,867 to €932
- Gross operating margin +€901
up €901 (+1.9%), from €46,825 to €47,726
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,429 | €182,509 | +€3,080 | +1.7% |
| Fixed assets | 21/28 | €161,429 | €143,509 | -€17,920 | -11.1% |
| Tangible fixed assets | 22/27 | €161,280 | €143,360 | -€17,920 | -11.1% |
| Land and buildings | 22 | €161,280 | €143,360 | -€17,920 | -11.1% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €18,000 | €39,000 | +€21,000 | +117% |
| Amounts receivable within one year | 40/41 | €18,000 | €39,000 | +€21,000 | +117% |
| Trade receivables | 40 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 41 | €6,000 | €27,000 | +€21,000 | +350% |
| Total equity and liabilities | 10/49 | €179,429 | €182,509 | +€3,080 | +1.7% |
| Equity | 10/15 | €63,010 | €63,196 | +€186 | +0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €50,610 | €50,796 | +€186 | +0.4% |
| Distributable reserves | 133 | €50,610 | €50,796 | +€186 | +0.4% |
| Amounts payable | 17/49 | €116,419 | €119,313 | +€2,894 | +2.5% |
| Amounts payable within one year | 42/48 | €116,147 | €119,149 | +€3,002 | +2.6% |
| Financial debts | 43 | €10,342 | €4,812 | -€5,530 | -53.5% |
| Credit institutions | 430/8 | €10,342 | €4,812 | -€5,530 | -53.5% |
| Trade debts | 44 | €15,000 | €14,520 | -€480 | -3.2% |
| Suppliers | 440/4 | €15,000 | €14,520 | -€480 | -3.2% |
| Taxes, remuneration and social security | 45 | €3,305 | €9,318 | +€6,013 | +182% |
| Taxes | 450/3 | €3,305 | €9,318 | +€6,013 | +182% |
| Other amounts payable | 47/48 | €87,500 | €90,500 | +€3,000 | +3.4% |
| Accrued charges and deferred income | 492/3 | €272 | €164 | -€109 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,920 | €17,920 | = | 0.0% |
| Other operating charges | 640/8 | €3,902 | €3,876 | -€27 | -0.7% |
| Gross operating margin | 9900 | €46,825 | €47,726 | +€901 | +1.9% |
| Operating profit (loss) | 9901 | €25,002 | €25,930 | +€928 | +3.7% |
| Financial charges | 65/66B | €1,867 | €932 | -€934 | -50.1% |
| Recurring financial charges | 65 | €1,867 | €932 | -€934 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €23,136 | €24,998 | +€1,863 | +8.1% |
| Income taxes | 67/77 | €5,799 | €6,812 | +€1,013 | +17.5% |
| Profit (loss) for the period | 9904 | €17,336 | €18,186 | +€850 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,336 | €18,186 | +€850 | +4.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.