Skip to content

OFFICE EXPRESS: 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.

What changed

OFFICE EXPRESS

BE 0444.897.626
NACE 82.100, Office administrative and support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€35,123
2024 · -€36,122+€998
Equity
€2,493
2024 · €37,616-€35,123
Cash
€2,071
2024 · €19,003-€16,932
Balance sheet total
€386,522
2024 · €367,962+€18,560

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€35,947

    up €35,947 (+10.3%), from €348,504 to €384,451

    of which Land and buildings: +€36,341

  • Cash -€16,932

    down €16,932 (-89.1%), from €19,003 to €2,071

    mainly Debts after one year (-€112,479) and Investment in fixed assets (net) (-€49,719)

Equity and liabilities
  • Other debts +€173,602

    up €173,602 (+578.7%), from €30,000 to €203,602

  • Debts after one year -€112,479

    down €112,479 (-45.7%), from €246,079 to €133,600

  • Profit (loss) carried forward -€35,123

    down €35,123 (-225.5%), from -€15,577 to -€50,700

  • Trade debts -€6,665

    down €6,665 (-38.3%), from €17,408 to €10,743

Income statement
  • Gross operating margin +€4,863

    up €4,863 (+30.7%), from -€15,859 to -€10,996

  • Depreciation +€2,774

    up €2,774 (+25.2%), from €10,997 to €13,771

  • Taxes +€840

    no longer reported in 2025 (was -€840)

  • Financial charges +€190

    up €190 (+2.3%), from €8,394 to €8,584

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€36,122
Gross operating margin +€4,863
Depreciation -€2,774
Other operating charges -€60
Financial charges -€190
Taxes -€840
Result 2025 -€35,123

Cash bridge derived

cash 2024 to 2025

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.

From operations +€145,974
Investment -€49,719
Financing -€113,187
Cash 2024 €19,003
Net result for the year -€35,123
Depreciation +€13,771
Smaller working-capital items +€389
Trade debts -€6,665
Other debts +€173,602
Investment in fixed assets (net) -€49,719
Debts after one year -€112,479
Current portion of long-term debt -€708
Cash 2025 €2,071
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €367,962 €386,522 +€18,560 +5.0%
Fixed assets 21/28 €348,504 €384,451 +€35,947 +10.3%
Tangible fixed assets 22/27 €348,504 €384,451 +€35,947 +10.3%
Land and buildings 22 €347,186 €383,527 +€36,341 +10.5%
Furniture and vehicles 24 €1,318 €924 -€393 -29.9%
Current assets 29/58 €19,459 €2,071 -€17,387 -89.4%
Amounts receivable within one year 40/41 €185 - -€185
Trade receivables 40 €185 - -€185
Cash at bank and in hand 54/58 €19,003 €2,071 -€16,932 -89.1%
Deferred charges and accrued income 490/1 €270 - -€270
Total equity and liabilities 10/49 €367,962 €386,522 +€18,560 +5.0%
Equity 10/15 €37,616 €2,493 -€35,123 -93.4%
Contributions 10/11 €12,396 €12,396 = 0.0%
Reserves 13 €40,797 €40,797 = 0.0%
Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
Distributable reserves 133 €38,937 €38,937 = 0.0%
Profit (loss) carried forward 14 -€15,577 -€50,700 -€35,123 -225.5%
Amounts payable 17/49 €330,346 €384,030 +€53,683 +16.3%
Amounts payable after more than one year 17 €246,079 €133,600 -€112,479 -45.7%
Financial debts 170/4 €246,079 €133,600 -€112,479 -45.7%
Amounts payable within one year 42/48 €75,594 €241,823 +€166,229 +219.9%
Current portion of amounts payable after more than one year 42 €28,187 €27,479 -€708 -2.5%
Trade debts 44 €17,408 €10,743 -€6,665 -38.3%
Suppliers 440/4 €17,408 €10,743 -€6,665 -38.3%
Other amounts payable 47/48 €30,000 €203,602 +€173,602 +578.7%
Accrued charges and deferred income 492/3 €8,673 €8,606 -€67 -0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,997 €13,771 +€2,774 +25.2%
Other operating charges 640/8 €1,712 €1,772 +€60 +3.5%
Gross operating margin 9900 -€15,859 -€10,996 +€4,863 +30.7%
Operating profit (loss) 9901 -€28,567 -€26,539 +€2,029 +7.1%
Financial charges 65/66B €8,394 €8,584 +€190 +2.3%
Recurring financial charges 65 €8,394 €8,584 +€190 +2.3%
Profit (loss) for the period before taxes 9903 -€36,962 -€35,123 +€1,839 +5.0%
Income taxes 67/77 -€840 - +€840
Profit (loss) for the period 9904 -€36,122 -€35,123 +€998 +2.8%
Profit (loss) for the period to be appropriated 9905 -€36,122 -€35,123 +€998 +2.8%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.