OFFICE264: what changed
What changed
OFFICE264
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€34,201
2024 · €21,533+€12,668
Equity
€350,375
2024 · €316,174+€34,201
Cash
€22,954
2024 · €21,389+€1,565
Balance sheet total
€450,210
2024 · €472,543-€22,334
Largest movements
Assets
- Tangible fixed assets -€21,762
down €21,762 (-4.9%), from €443,028 to €421,266
Equity and liabilities
- Current portion of long-term debt -€42,161
down €42,161 (-100%), from €42,161 to €0
- Reserves +€34,000
up €34,000 (+30.2%), from €112,730 to €146,730
- Debts after one year -€23,600
down €23,600 (-21.4%), from €110,525 to €86,925
- Tax, wage and social debts +€5,215
up €5,215 (+211%), from €2,467 to €7,682
Income statement
- Gross operating margin +€9,291
up €9,291 (+12.7%), from €72,967 to €82,257
- Financial charges -€7,956
down €7,956 (-64.2%), from €12,396 to €4,440
- Taxes +€5,582
up €5,582 (+51.3%), from €10,887 to €16,469
- Other operating charges -€1,004
down €1,004 (-15.7%), from €6,389 to €5,385
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€21,533
Gross operating margin
+€9,291
Depreciation
+€0
Other operating charges
+€1,004
Financial income
-€1
Financial charges
+€7,956
Taxes
-€5,582
Result 2025
€34,201
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€67,326
Investment
€0
Financing
-€65,761
Cash 2024
€21,389
From operations (derived)
+€67,326
Net result for the year
+€34,201
Depreciation
+€21,762
Receivables within one year
+€2,310
Deferred charges and accrued income
-€173
Trade debts
+€1,421
Tax, wage and social debts
+€5,215
Other debts
+€2,590
Financing
-€65,761
Debts after one year
-€23,600
Current portion of long-term debt
-€42,161
Cash 2025
€22,954
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,543 | €450,210 | -€22,334 | -4.7% |
| Fixed assets | 21/28 | €445,330 | €423,568 | -€21,762 | -4.9% |
| Tangible fixed assets | 22/27 | €443,028 | €421,266 | -€21,762 | -4.9% |
| Land and buildings | 22 | €443,028 | €421,266 | -€21,762 | -4.9% |
| Financial fixed assets | 28 | €2,302 | €2,302 | = | 0.0% |
| Current assets | 29/58 | €27,213 | €26,642 | -€571 | -2.1% |
| Amounts receivable within one year | 40/41 | €5,825 | €3,515 | -€2,310 | -39.7% |
| Trade receivables | 40 | €1,981 | €3,302 | +€1,321 | +66.6% |
| Other amounts receivable | 41 | €3,843 | €213 | -€3,630 | -94.5% |
| Cash at bank and in hand | 54/58 | €21,389 | €22,954 | +€1,565 | +7.3% |
| Deferred charges and accrued income | 490/1 | - | €173 | +€173 | |
| Total equity and liabilities | 10/49 | €472,543 | €450,210 | -€22,334 | -4.7% |
| Equity | 10/15 | €316,174 | €350,375 | +€34,201 | +10.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €112,730 | €146,730 | +€34,000 | +30.2% |
| Distributable reserves | 133 | €112,730 | €146,730 | +€34,000 | +30.2% |
| Profit (loss) carried forward | 14 | €103,444 | €103,645 | +€201 | +0.2% |
| Amounts payable | 17/49 | €156,369 | €99,834 | -€56,535 | -36.2% |
| Amounts payable after more than one year | 17 | €110,525 | €86,925 | -€23,600 | -21.4% |
| Financial debts | 170/4 | €110,525 | €86,925 | -€23,600 | -21.4% |
| Amounts payable within one year | 42/48 | €45,844 | €12,909 | -€32,935 | -71.8% |
| Current portion of amounts payable after more than one year | 42 | €42,161 | €0 | -€42,161 | -100% |
| Trade debts | 44 | €1,216 | €2,637 | +€1,421 | +117% |
| Suppliers | 440/4 | €1,216 | €2,637 | +€1,421 | +117% |
| Taxes, remuneration and social security | 45 | €2,467 | €7,682 | +€5,215 | +211% |
| Taxes | 450/3 | €2,467 | €7,682 | +€5,215 | +211% |
| Other amounts payable | 47/48 | €0 | €2,590 | +€2,590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,762 | €21,762 | -€0 | 0.0% |
| Other operating charges | 640/8 | €6,389 | €5,385 | -€1,004 | -15.7% |
| Gross operating margin | 9900 | €72,967 | €82,257 | +€9,291 | +12.7% |
| Operating profit (loss) | 9901 | €44,815 | €55,110 | +€10,295 | +23.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €12,396 | €4,440 | -€7,956 | -64.2% |
| Recurring financial charges | 65 | €12,396 | €4,440 | -€7,956 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | €32,420 | €50,670 | +€18,250 | +56.3% |
| Income taxes | 67/77 | €10,887 | €16,469 | +€5,582 | +51.3% |
| Profit (loss) for the period | 9904 | €21,533 | €34,201 | +€12,668 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,533 | €34,201 | +€12,668 | +58.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.