OFFICEFFECT: 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.
OFFICEFFECT
Largest movements
- Tangible fixed assets -€19,938
down €19,938 (-32.7%), from €60,976 to €41,038
of which Land and buildings: -€19,839
- Other debts +€81,244
up €81,244 (+136.9%), from €59,343 to €140,588
- Debts after one year -€48,000
no longer reported in 2025 (was €48,000)
- Current portion of long-term debt -€16,669
no longer reported in 2025 (was €16,669)
- Trade debts -€14,912
down €14,912 (-92.6%), from €16,107 to €1,195
- Provisions -€14,320
no longer reported in 2025 (was €14,320)
of which Provisions for liabilities and charges: -€9,050
- Provisions -€14,320
new in 2025: -€14,320
- Gross operating margin +€3,616
up €3,616, from -€2,232 to €1,385
- Financial income +€1,100
new in 2025: €1,100
- Other operating charges +€322
up €322 (+27.7%), from €1,159 to €1,480
- Financial charges +€252
up €252 (+77.3%), from €326 to €578
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 | €62,661 | €43,445 | -€19,217 | -30.7% |
| Fixed assets | 21/28 | €61,246 | €41,038 | -€20,208 | -33.0% |
| Intangible fixed assets | 21 | €270 | - | -€270 | |
| Tangible fixed assets | 22/27 | €60,976 | €41,038 | -€19,938 | -32.7% |
| Land and buildings | 22 | €54,914 | €35,075 | -€19,839 | -36.1% |
| Furniture and vehicles | 24 | €6,062 | €5,963 | -€99 | -1.6% |
| Current assets | 29/58 | €1,415 | €2,407 | +€991 | +70.0% |
| Amounts receivable within one year | 40/41 | €830 | €1,092 | +€262 | +31.6% |
| Trade receivables | 40 | €830 | €1,065 | +€235 | +28.3% |
| Other amounts receivable | 41 | - | €27 | +€27 | |
| Cash at bank and in hand | 54/58 | €537 | €962 | +€425 | +79.1% |
| Deferred charges and accrued income | 490/1 | €48 | €352 | +€304 | +628.3% |
| Total equity and liabilities | 10/49 | €62,661 | €43,445 | -€19,217 | -30.7% |
| Equity | 10/15 | -€93,324 | -€98,911 | -€5,587 | -6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€101,384 | -€106,971 | -€5,587 | -5.5% |
| Provisions and deferred taxes | 16 | €14,320 | - | -€14,320 | |
| Provisions for liabilities and charges | 160/5 | €9,050 | - | -€9,050 | |
| Major repairs and maintenance | 162 | €9,050 | - | -€9,050 | |
| Deferred taxes | 168 | €5,270 | - | -€5,270 | |
| Amounts payable | 17/49 | €141,666 | €142,355 | +€690 | +0.5% |
| Amounts payable after more than one year | 17 | €48,000 | - | -€48,000 | |
| Financial debts | 170/4 | €48,000 | - | -€48,000 | |
| Amounts payable within one year | 42/48 | €93,666 | €142,355 | +€48,690 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €16,669 | - | -€16,669 | |
| Trade debts | 44 | €16,107 | €1,195 | -€14,912 | -92.6% |
| Suppliers | 440/4 | €16,107 | €1,195 | -€14,912 | -92.6% |
| Taxes, remuneration and social security | 45 | €1,546 | €573 | -€973 | -62.9% |
| Taxes | 450/3 | €1,546 | €573 | -€973 | -62.9% |
| Other amounts payable | 47/48 | €59,343 | €140,588 | +€81,244 | +136.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,192 | €20,109 | -€83 | -0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€14,320 | -€14,320 | |
| Other operating charges | 640/8 | €1,159 | €1,480 | +€322 | +27.7% |
| Gross operating margin | 9900 | -€2,232 | €1,385 | +€3,616 | |
| Operating profit (loss) | 9901 | -€23,583 | -€5,885 | +€17,698 | +75.0% |
| Financial income | 75/76B | - | €1,100 | +€1,100 | |
| Recurring financial income | 75 | - | €1,100 | +€1,100 | |
| Financial charges | 65/66B | €326 | €578 | +€252 | +77.3% |
| Recurring financial charges | 65 | €326 | €578 | +€252 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,909 | -€5,362 | +€18,546 | +77.6% |
| Income taxes | 67/77 | €349 | €224 | -€125 | -35.7% |
| Profit (loss) for the period | 9904 | -€24,258 | -€5,587 | +€18,671 | +77.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,258 | -€5,587 | +€18,671 | +77.0% |
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 7 October 2026 via checked.be.