OFFICER: 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.
OFFICER
Largest movements
- Cash -€54,394
down €54,394 (-33.6%), from €161,961 to €107,567
mainly Contributions, distributions and other (-€343,795) and Receivables within one year (-€50,785)
- Receivables within one year +€50,785
up €50,785 (+20.2%), from €252,033 to €302,818
of which Other amounts receivable: +€86,030
- Deferred charges and accrued income -€5,901
down €5,901 (-70.9%), from €8,319 to €2,418
- Other debts +€313,795
up €313,795 (+1,046%), from €30,000 to €343,795
- Profit (loss) carried forward -€310,708
no longer reported in 2025 (was €310,708)
- Tax, wage and social debts -€13,098
down €13,098 (-22.0%), from €59,534 to €46,436
of which Taxes: -€13,489
- Gross operating margin -€56,540
down €56,540 (-23.8%), from €237,677 to €181,137
- Taxes -€6,780
down €6,780 (-35.5%), from €19,098 to €12,318
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 | €446,691 | €434,670 | -€12,021 | -2.7% |
| Fixed assets | 21/28 | €4,404 | €1,892 | -€2,512 | -57.0% |
| Tangible fixed assets | 22/27 | €4,404 | €1,892 | -€2,512 | -57.0% |
| Furniture and vehicles | 24 | €4,404 | €1,892 | -€2,512 | -57.0% |
| Current assets | 29/58 | €442,287 | €432,778 | -€9,509 | -2.2% |
| Stocks and contracts in progress | 3 | €19,975 | €19,975 | = | 0.0% |
| Stocks | 30/36 | €19,975 | €19,975 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €252,033 | €302,818 | +€50,785 | +20.2% |
| Trade receivables | 40 | €110,341 | €75,097 | -€35,244 | -31.9% |
| Other amounts receivable | 41 | €141,692 | €227,722 | +€86,030 | +60.7% |
| Cash at bank and in hand | 54/58 | €161,961 | €107,567 | -€54,394 | -33.6% |
| Deferred charges and accrued income | 490/1 | €8,319 | €2,418 | -€5,901 | -70.9% |
| Total equity and liabilities | 10/49 | €446,691 | €434,670 | -€12,021 | -2.7% |
| Equity | 10/15 | €331,168 | €20,460 | -€310,708 | -93.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €310,708 | - | -€310,708 | |
| Amounts payable | 17/49 | €115,523 | €414,210 | +€298,687 | +259% |
| Amounts payable within one year | 42/48 | €115,523 | €414,210 | +€298,687 | +259% |
| Trade debts | 44 | €25,989 | €23,979 | -€2,010 | -7.7% |
| Suppliers | 440/4 | €25,989 | €23,979 | -€2,010 | -7.7% |
| Taxes, remuneration and social security | 45 | €59,534 | €46,436 | -€13,098 | -22.0% |
| Taxes | 450/3 | €43,088 | €29,599 | -€13,489 | -31.3% |
| Remuneration and social security | 454/9 | €16,446 | €16,837 | +€390 | +2.4% |
| Other amounts payable | 47/48 | €30,000 | €343,795 | +€313,795 | +1,046% |
| Remuneration, social security and pensions | 62 | €133,351 | €133,063 | -€288 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €2,512 | +€1,892 | +306% |
| Other operating charges | 640/8 | €1,171 | €647 | -€523 | -44.7% |
| Gross operating margin | 9900 | €237,677 | €181,137 | -€56,540 | -23.8% |
| Operating profit (loss) | 9901 | €102,536 | €44,915 | -€57,621 | -56.2% |
| Financial income | 75/76B | €280 | €591 | +€311 | +111% |
| Recurring financial income | 75 | €280 | €591 | +€311 | +111% |
| Financial charges | 65/66B | €270 | €101 | -€170 | -62.8% |
| Recurring financial charges | 65 | €270 | €101 | -€170 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €102,546 | €45,406 | -€57,140 | -55.7% |
| Income taxes | 67/77 | €19,098 | €12,318 | -€6,780 | -35.5% |
| Profit (loss) for the period | 9904 | €83,448 | €33,087 | -€50,361 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,448 | €33,087 | -€50,361 | -60.3% |
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 13 October 2026 via checked.be.