OFFICIUM: 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
OFFICIUM
NACE 74.111, Design of textile patterns, clothing, jewellery, furniture and decorative items
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€88,841
2024 · €99,515-€10,674
Equity
€1.3m
2024 · €1.6m-€361,763
Cash
€414,711
2024 · €26,520+€388,192
Balance sheet total
€2.2m
2024 · €2.3m-€41,744
Largest movements
Assets
- Cash +€388,192
up €388,192 (+1463.8%), from €26,520 to €414,711
mainly Other debts (+€450,604) and Receivables after one year (+€315,000)
- Receivables after one year -€315,000
down €315,000 (-100.0%), from €315,000 to €0
- Tangible fixed assets -€131,977
down €131,977 (-7.6%), from €1.7m to €1.6m
of which Land and buildings: -€89,337
Equity and liabilities
- Other debts +€450,604
new in 2025: €450,604
- Reserves -€361,763
down €361,763 (-22.6%), from €1.6m to €1.2m
of which Distributable reserves: -€316,250
- Debts after one year -€117,794
down €117,794 (-41.0%), from €287,275 to €169,481
Income statement
- Gross operating margin -€43,714
down €43,714 (-12.6%), from €348,070 to €304,355
- Taxes -€12,250
down €12,250 (-16.5%), from €74,060 to €61,809
- Depreciation -€11,030
down €11,030 (-6.5%), from €168,594 to €157,564
- Financial charges -€6,008
down €6,008 (-37.9%), from €15,852 to €9,844
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
€99,515
Gross operating margin
-€43,714
Depreciation
+€11,030
Write-downs
+€1,798
Other operating charges
-€1,504
Other operating items
+€1,123
Financial income
+€2,381
Financial charges
+€6,008
Taxes
+€12,250
Deferred taxes and other
-€47
Result 2025
€88,841
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
+€970,436
Investment
-€25,587
Financing
-€556,658
Cash 2024
€26,520
From operations (derived)
+€970,436
Net result for the year
+€88,841
Depreciation
+€157,564
Receivables after one year
+€315,000
Receivables within one year
-€20,128
Deferred charges and accrued income
+€3,087
Provisions
-€11,378
Trade debts
-€1,363
Tax, wage and social debts
-€11,823
Other debts
+€450,604
Accrued charges and deferred income
+€34
Investment (derived)
-€25,587
Investment in fixed assets (net)
-€25,587
Financing
-€556,658
Debts after one year
-€117,794
Current portion of long-term debt
+€1,740
Short-term financial debts
+€10,000
Contributions, distributions and other
-€450,604
Cash 2025
€414,711
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,256,677 | €2,214,933 | -€41,744 | -1.8% |
| Fixed assets | 21/28 | €1,739,217 | €1,607,240 | -€131,977 | -7.6% |
| Tangible fixed assets | 22/27 | €1,739,187 | €1,607,210 | -€131,977 | -7.6% |
| Land and buildings | 22 | €1,617,769 | €1,528,432 | -€89,337 | -5.5% |
| Plant, machinery and equipment | 23 | €5,028 | €3,576 | -€1,452 | -28.9% |
| Furniture and vehicles | 24 | €116,391 | €75,202 | -€41,189 | -35.4% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €517,460 | €607,693 | +€90,233 | +17.4% |
| Amounts receivable after more than one year | 29 | €315,000 | €0 | -€315,000 | -100.0% |
| Other amounts receivable | 291 | €315,000 | €0 | -€315,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €164,358 | €184,486 | +€20,128 | +12.2% |
| Trade receivables | 40 | €54,523 | €36,876 | -€17,647 | -32.4% |
| Other amounts receivable | 41 | €109,835 | €147,610 | +€37,775 | +34.4% |
| Cash at bank and in hand | 54/58 | €26,520 | €414,711 | +€388,192 | +1463.8% |
| Deferred charges and accrued income | 490/1 | €11,582 | €8,496 | -€3,087 | -26.6% |
| Total equity and liabilities | 10/49 | €2,256,677 | €2,214,933 | -€41,744 | -1.8% |
| Equity | 10/15 | €1,619,299 | €1,257,535 | -€361,763 | -22.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,600,707 | €1,238,943 | -€361,763 | -22.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €438,580 | €393,067 | -€45,513 | -10.4% |
| Distributable reserves | 133 | €1,162,127 | €845,876 | -€316,250 | -27.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €140,684 | €129,305 | -€11,378 | -8.1% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €40,000 | €40,000 | = | 0.0% |
| Deferred taxes | 168 | €100,684 | €89,305 | -€11,378 | -11.3% |
| Amounts payable | 17/49 | €496,695 | €828,093 | +€331,398 | +66.7% |
| Amounts payable after more than one year | 17 | €287,275 | €169,481 | -€117,794 | -41.0% |
| Financial debts | 170/4 | €287,275 | €169,481 | -€117,794 | -41.0% |
| Amounts payable within one year | 42/48 | €203,203 | €652,360 | +€449,158 | +221.0% |
| Current portion of amounts payable after more than one year | 42 | €116,054 | €117,794 | +€1,740 | +1.5% |
| Financial debts | 43 | €60,000 | €70,000 | +€10,000 | +16.7% |
| Credit institutions | 430/8 | €60,000 | €70,000 | +€10,000 | +16.7% |
| Trade debts | 44 | €6,023 | €4,660 | -€1,363 | -22.6% |
| Suppliers | 440/4 | €6,023 | €4,660 | -€1,363 | -22.6% |
| Taxes, remuneration and social security | 45 | €21,125 | €9,302 | -€11,823 | -56.0% |
| Taxes | 450/3 | €21,125 | €9,302 | -€11,823 | -56.0% |
| Other amounts payable | 47/48 | - | €450,604 | +€450,604 | |
| Accrued charges and deferred income | 492/3 | €6,218 | €6,252 | +€34 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,594 | €157,564 | -€11,030 | -6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €124 | -€1,674 | -€1,798 | |
| Other operating charges | 640/8 | €5,883 | €7,387 | +€1,504 | +25.6% |
| Non-recurring operating charges | 66A | €1,123 | €0 | -€1,123 | -100.0% |
| Gross operating margin | 9900 | €348,070 | €304,355 | -€43,714 | -12.6% |
| Operating profit (loss) | 9901 | €172,345 | €141,078 | -€31,267 | -18.1% |
| Financial income | 75/76B | €5,656 | €8,037 | +€2,381 | +42.1% |
| Recurring financial income | 75 | €5,656 | €8,037 | +€2,381 | +42.1% |
| Financial charges | 65/66B | €15,852 | €9,844 | -€6,008 | -37.9% |
| Recurring financial charges | 65 | €15,852 | €9,844 | -€6,008 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €162,149 | €139,272 | -€22,878 | -14.1% |
| Transfer from deferred taxes | 780 | €11,425 | €11,378 | -€47 | -0.4% |
| Income taxes | 67/77 | €74,060 | €61,809 | -€12,250 | -16.5% |
| Profit (loss) for the period | 9904 | €99,515 | €88,841 | -€10,674 | -10.7% |
| Transfer from tax-exempt reserves | 789 | €45,699 | €45,513 | -€186 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €145,214 | €134,353 | -€10,860 | -7.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.