OFFICE DEVELOPMENT: 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.
OFFICE DEVELOPMENT
Largest movements
- Cash +€51,359
up €51,359 (+355.3%), from €14,456 to €65,815
mainly Net result for the year (+€89,968)
- Profit (loss) carried forward +€89,968
up €89,968 (+4.2%), from -€2.2m to -€2.1m
- Trade debts -€38,609
down €38,609 (-100.0%), from €38,609 to €0
- Depreciation -€38,567
down €38,567 (-100.0%), from €38,567 to €0
- Gross operating margin +€7,372
up €7,372 (+6.9%), from €106,829 to €114,201
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 | €89,070 | €140,429 | +€51,359 | +57.7% |
| Fixed assets | 21/28 | €74,614 | €74,614 | = | 0.0% |
| Tangible fixed assets | 22/27 | €74,614 | €74,614 | = | 0.0% |
| Land and buildings | 22 | €74,614 | €74,614 | = | 0.0% |
| Current assets | 29/58 | €14,456 | €65,815 | +€51,359 | +355.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,456 | €65,815 | +€51,359 | +355.3% |
| Total equity and liabilities | 10/49 | €89,070 | €140,429 | +€51,359 | +57.7% |
| Equity | 10/15 | -€210,415 | -€120,446 | +€89,968 | +42.8% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €1,581,436 | €1,581,436 | = | 0.0% |
| Non-distributable reserves | 130/1 | €72,608 | €72,608 | = | 0.0% |
| Legal reserve | 130 | €72,608 | €72,608 | = | 0.0% |
| Distributable reserves | 133 | €1,508,828 | €1,508,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,166,850 | -€2,076,882 | +€89,968 | +4.2% |
| Amounts payable | 17/49 | €299,484 | €260,875 | -€38,609 | -12.9% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,634 | €25 | -€38,609 | -99.9% |
| Trade debts | 44 | €38,609 | €0 | -€38,609 | -100.0% |
| Suppliers | 440/4 | €38,609 | €0 | -€38,609 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €25 | €25 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,850 | €10,850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,567 | €0 | -€38,567 | -100.0% |
| Other operating charges | 640/8 | €12,812 | €13,178 | +€366 | +2.9% |
| Gross operating margin | 9900 | €106,829 | €114,201 | +€7,372 | +6.9% |
| Operating profit (loss) | 9901 | €55,451 | €101,023 | +€45,573 | +82.2% |
| Financial charges | 65/66B | €11,285 | €11,055 | -€230 | -2.0% |
| Recurring financial charges | 65 | €11,285 | €11,055 | -€230 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €44,165 | €89,968 | +€45,803 | +103.7% |
| Profit (loss) for the period | 9904 | €44,165 | €89,968 | +€45,803 | +103.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,165 | €89,968 | +€45,803 | +103.7% |
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.