Officeco: 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
Officeco
NACE 82.100, Office administrative and support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€118,253
2024 · €139,697-€21,444
Equity
€1.9m
2024 · €1.8m+€118,253
Cash
€29,199
2024 · €21,611+€7,588
Balance sheet total
€2.6m
2024 · €2.6m-€18,116
Largest movements
Assets
- Tangible fixed assets -€30,764
down €30,764 (-1.2%), from €2.5m to €2.5m
of which Land and buildings: -€103,146
Equity and liabilities
- Other debts -€182,670
down €182,670 (-26.3%), from €694,919 to €512,249
- Profit (loss) carried forward +€112,340
up €112,340 (+42.5%), from €264,265 to €376,605
Income statement
- Turnover -€49,020
down €49,020 (-4.9%), from €1.0m to €960,500
- Gross operating margin -€15,094
down €15,094 (-2.6%), from €582,837 to €567,743
- Purchases and services -€11,629
down €11,629 (-2.7%), from €435,771 to €424,142
- Depreciation +€11,353
up €11,353 (+6.4%), from €177,352 to €188,705
- Financial charges -€10,639
down €10,639 (-41.7%), from €25,486 to €14,847
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.
Result 2024
€139,697
Gross operating margin
-€15,094
Staff costs
-€7,376
Depreciation
-€11,353
Other operating charges
-€690
Financial income
-€0
Financial charges
+€10,639
Taxes
+€2,430
Result 2025
€118,253
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.
From operations
+€165,530
Investment
-€157,942
Financing
€0
Cash 2024
€21,611
From operations (derived)
+€165,530
Net result for the year
+€118,253
Depreciation
+€188,705
Receivables within one year
-€5,158
Deferred charges and accrued income
+€99
Trade debts
+€24,497
Tax, wage and social debts
+€17,248
Other debts
-€182,670
Accrued charges and deferred income
+€4,557
Investment (derived)
-€157,942
Investment in fixed assets (net)
-€157,942
Cash 2025
€29,199
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,568,747 | €2,550,631 | -€18,116 | -0.7% |
| Fixed assets | 21/28 | €2,534,963 | €2,504,200 | -€30,764 | -1.2% |
| Tangible fixed assets | 22/27 | €2,533,645 | €2,502,882 | -€30,764 | -1.2% |
| Land and buildings | 22 | €2,346,327 | €2,243,182 | -€103,146 | -4.4% |
| Plant, machinery and equipment | 23 | €33,301 | €62,368 | +€29,066 | +87.3% |
| Furniture and vehicles | 24 | €110,306 | €153,622 | +€43,316 | +39.3% |
| Other tangible fixed assets | 26 | €43,710 | €43,710 | = | 0.0% |
| Financial fixed assets | 28 | €1,318 | €1,318 | = | 0.0% |
| Current assets | 29/58 | €33,784 | €46,431 | +€12,647 | +37.4% |
| Amounts receivable within one year | 40/41 | €8,518 | €13,676 | +€5,158 | +60.6% |
| Trade receivables | 40 | €1,232 | €5,249 | +€4,017 | +326.0% |
| Other amounts receivable | 41 | €7,286 | €8,426 | +€1,140 | +15.7% |
| Cash at bank and in hand | 54/58 | €21,611 | €29,199 | +€7,588 | +35.1% |
| Deferred charges and accrued income | 490/1 | €3,655 | €3,556 | -€99 | -2.7% |
| Total equity and liabilities | 10/49 | €2,568,747 | €2,550,631 | -€18,116 | -0.7% |
| Equity | 10/15 | €1,797,317 | €1,915,570 | +€118,253 | +6.6% |
| Contributions | 10/11 | €1,515,636 | €1,515,636 | = | 0.0% |
| Capital | 10 | €1,515,636 | €1,515,636 | = | 0.0% |
| Issued capital | 100 | €1,515,636 | €1,515,636 | = | 0.0% |
| Reserves | 13 | €17,417 | €23,329 | +€5,913 | +33.9% |
| Non-distributable reserves | 130/1 | €17,417 | €23,329 | +€5,913 | +33.9% |
| Legal reserve | 130 | €17,417 | €23,329 | +€5,913 | +33.9% |
| Profit (loss) carried forward | 14 | €264,265 | €376,605 | +€112,340 | +42.5% |
| Amounts payable | 17/49 | €771,430 | €635,061 | -€136,369 | -17.7% |
| Amounts payable within one year | 42/48 | €763,422 | €622,497 | -€140,925 | -18.5% |
| Trade debts | 44 | €11,975 | €36,472 | +€24,497 | +204.6% |
| Suppliers | 440/4 | €11,975 | €36,472 | +€24,497 | +204.6% |
| Taxes, remuneration and social security | 45 | €56,528 | €73,776 | +€17,248 | +30.5% |
| Taxes | 450/3 | €37,110 | €53,118 | +€16,007 | +43.1% |
| Remuneration and social security | 454/9 | €19,418 | €20,658 | +€1,240 | +6.4% |
| Other amounts payable | 47/48 | €694,919 | €512,249 | -€182,670 | -26.3% |
| Accrued charges and deferred income | 492/3 | €8,008 | €12,564 | +€4,557 | +56.9% |
| Turnover | 70 | €1,009,520 | €960,500 | -€49,020 | -4.9% |
| Non-recurring operating income | 76A | - | €21,082 | +€21,082 | |
| Goods, raw materials, services and sundry goods | 60/61 | €435,771 | €424,142 | -€11,629 | -2.7% |
| Remuneration, social security and pensions | 62 | €166,352 | €173,729 | +€7,376 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,352 | €188,705 | +€11,353 | +6.4% |
| Other operating charges | 640/8 | €22,895 | €23,584 | +€690 | +3.0% |
| Gross operating margin | 9900 | €582,837 | €567,743 | -€15,094 | -2.6% |
| Operating profit (loss) | 9901 | €216,238 | €181,725 | -€34,513 | -16.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -33.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Financial charges | 65/66B | €25,486 | €14,847 | -€10,639 | -41.7% |
| Recurring financial charges | 65 | €25,486 | €14,847 | -€10,639 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €190,752 | €166,877 | -€23,875 | -12.5% |
| Income taxes | 67/77 | €51,055 | €48,625 | -€2,430 | -4.8% |
| Profit (loss) for the period | 9904 | €139,697 | €118,253 | -€21,444 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €139,697 | €118,253 | -€21,444 | -15.4% |
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 8 October 2026 via checked.be.