OFFICE26: 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.
OFFICE26
Largest movements
- Cash -€88,361
down €88,361 (-32.2%), from €274,675 to €186,314
mainly Debts after one year (-€188,585) and Trade debts (-€77,381)
- Intangible fixed assets -€32,531
down €32,531 (-15.5%), from €210,414 to €177,883
- Tangible fixed assets +€23,721
up €23,721 (+5.6%), from €424,598 to €448,319
of which Land and buildings: +€378,718
- Debts after one year -€188,585
down €188,585 (-28.3%), from €667,056 to €478,470
- Reserves +€93,648
new in 2025: €93,648
- Profit (loss) carried forward +€79,782
up €79,782, from -€79,782 to €0
- Trade debts -€77,381
down €77,381 (-67.5%), from €114,562 to €37,181
- Current portion of long-term debt -€48,255
down €48,255 (-24.4%), from €197,787 to €149,532
- Gross operating margin +€193,660
up €193,660 (+125%), from €155,501 to €349,161
- Taxes +€47,219
new in 2025: €47,219
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 | €987,597 | €876,916 | -€110,680 | -11.2% |
| Fixed assets | 21/28 | €635,012 | €626,202 | -€8,810 | -1.4% |
| Intangible fixed assets | 21 | €210,414 | €177,883 | -€32,531 | -15.5% |
| Tangible fixed assets | 22/27 | €424,598 | €448,319 | +€23,721 | +5.6% |
| Land and buildings | 22 | €48,057 | €426,775 | +€378,718 | +788% |
| Plant, machinery and equipment | 23 | €25,332 | €20,637 | -€4,695 | -18.5% |
| Furniture and vehicles | 24 | €1,210 | €908 | -€303 | -25.0% |
| Other tangible fixed assets | 26 | €350,000 | €0 | -€350,000 | -100% |
| Current assets | 29/58 | €352,584 | €250,714 | -€101,871 | -28.9% |
| Amounts receivable within one year | 40/41 | €65,521 | €57,333 | -€8,188 | -12.5% |
| Trade receivables | 40 | €65,521 | €57,052 | -€8,469 | -12.9% |
| Other amounts receivable | 41 | €0 | €281 | +€281 | |
| Cash at bank and in hand | 54/58 | €274,675 | €186,314 | -€88,361 | -32.2% |
| Deferred charges and accrued income | 490/1 | €12,388 | €7,067 | -€5,321 | -43.0% |
| Total equity and liabilities | 10/49 | €987,597 | €876,916 | -€110,680 | -11.2% |
| Equity | 10/15 | -€61,182 | €112,248 | +€173,430 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €93,648 | +€93,648 | |
| Distributable reserves | 133 | - | €93,648 | +€93,648 | |
| Profit (loss) carried forward | 14 | -€79,782 | €0 | +€79,782 | |
| Amounts payable | 17/49 | €1,048,778 | €764,668 | -€284,111 | -27.1% |
| Amounts payable after more than one year | 17 | €667,056 | €478,470 | -€188,585 | -28.3% |
| Financial debts | 170/4 | €667,056 | €478,470 | -€188,585 | -28.3% |
| Amounts payable within one year | 42/48 | €323,516 | €212,342 | -€111,174 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €197,787 | €149,532 | -€48,255 | -24.4% |
| Trade debts | 44 | €114,562 | €37,181 | -€77,381 | -67.5% |
| Suppliers | 440/4 | €114,562 | €37,181 | -€77,381 | -67.5% |
| Taxes, remuneration and social security | 45 | €11,167 | €25,629 | +€14,462 | +130% |
| Taxes | 450/3 | €11,167 | €25,629 | +€14,462 | +130% |
| Accrued charges and deferred income | 492/3 | €58,206 | €73,855 | +€15,649 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,662 | €49,156 | +€1,493 | +3.1% |
| Other operating charges | 640/8 | €42,744 | €45,645 | +€2,902 | +6.8% |
| Non-recurring operating charges | 66A | €8,944 | €0 | -€8,944 | -100% |
| Gross operating margin | 9900 | €155,501 | €349,161 | +€193,660 | +125% |
| Operating profit (loss) | 9901 | €56,152 | €254,360 | +€198,209 | +353% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €32,023 | €33,711 | +€1,687 | +5.3% |
| Recurring financial charges | 65 | €32,023 | €33,711 | +€1,687 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €24,128 | €220,650 | +€196,521 | +814% |
| Income taxes | 67/77 | - | €47,219 | +€47,219 | |
| Profit (loss) for the period | 9904 | €24,128 | €173,430 | +€149,302 | +619% |
| Profit (loss) for the period to be appropriated | 9905 | €24,128 | €173,430 | +€149,302 | +619% |
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 20 October 2026 via checked.be.