Offimac: 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.
Offimac
Largest movements
- Cash -€1.0m
down €1.0m (-70.0%), from €1.5m to €446,779
mainly Other debts (-€470,000) and Contributions, distributions and other (-€300,000)
- Receivables within one year -€210,300
down €210,300 (-19.3%), from €1.1m to €877,675
of which Trade receivables: -€245,765
- Intangible fixed assets +€129,247
up €129,247 (+287.5%), from €44,959 to €174,206
- Other debts -€470,000
down €470,000 (-100.0%), from €470,000 to €0
- Reserves -€272,299
down €272,299 (-37.6%), from €724,671 to €452,372
of which Distributable reserves: -€272,299
- Tax, wage and social debts -€260,805
down €260,805 (-47.0%), from €555,025 to €294,221
of which Taxes: -€231,318
- Trade debts -€101,859
down €101,859 (-29.2%), from €349,388 to €247,529
- Current portion of long-term debt +€84,526
up €84,526 (+349.1%), from €24,214 to €108,740
- Gross operating margin -€536,965
down €536,965 (-23.5%), from €2.3m to €1.7m
- Taxes -€174,204
down €174,204 (-87.2%), from €199,823 to €25,619
- Staff costs +€83,376
up €83,376 (+5.6%), from €1.5m to €1.6m
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 | €3,003,296 | €1,885,142 | -€1.1m | -37.2% |
| Fixed assets | 21/28 | €176,701 | €296,561 | +€119,860 | +67.8% |
| Intangible fixed assets | 21 | €44,959 | €174,206 | +€129,247 | +287.5% |
| Tangible fixed assets | 22/27 | €131,742 | €122,355 | -€9,388 | -7.1% |
| Land and buildings | 22 | €2,005 | €1,434 | -€572 | -28.5% |
| Plant, machinery and equipment | 23 | €10,778 | €8,338 | -€2,440 | -22.6% |
| Furniture and vehicles | 24 | €16,894 | €17,651 | +€757 | +4.5% |
| Leasing and similar rights | 25 | €3,258 | €18,620 | +€15,362 | +471.5% |
| Other tangible fixed assets | 26 | €98,807 | €76,312 | -€22,495 | -22.8% |
| Current assets | 29/58 | €2,826,594 | €1,588,581 | -€1.2m | -43.8% |
| Stocks and contracts in progress | 3 | €4,852 | €2,611 | -€2,241 | -46.2% |
| Stocks | 30/36 | €4,852 | €2,611 | -€2,241 | -46.2% |
| Amounts receivable within one year | 40/41 | €1,087,975 | €877,675 | -€210,300 | -19.3% |
| Trade receivables | 40 | €987,693 | €741,927 | -€245,765 | -24.9% |
| Other amounts receivable | 41 | €100,282 | €135,747 | +€35,465 | +35.4% |
| Cash at bank and in hand | 54/58 | €1,488,536 | €446,779 | -€1.0m | -70.0% |
| Deferred charges and accrued income | 490/1 | €245,231 | €261,516 | +€16,285 | +6.6% |
| Total equity and liabilities | 10/49 | €3,003,296 | €1,885,142 | -€1.1m | -37.2% |
| Equity | 10/15 | €786,644 | €514,345 | -€272,299 | -34.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €724,671 | €452,372 | -€272,299 | -37.6% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €718,474 | €446,174 | -€272,299 | -37.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,216,651 | €1,370,797 | -€845,854 | -38.2% |
| Amounts payable after more than one year | 17 | €30,847 | €29,783 | -€1,064 | -3.4% |
| Financial debts | 170/4 | €30,847 | €29,783 | -€1,064 | -3.4% |
| Amounts payable within one year | 42/48 | €1,481,762 | €650,490 | -€831,272 | -56.1% |
| Current portion of amounts payable after more than one year | 42 | €24,214 | €108,740 | +€84,526 | +349.1% |
| Financial debts | 43 | €83,134 | - | -€83,134 | |
| Credit institutions | 430/8 | €83,134 | - | -€83,134 | |
| Trade debts | 44 | €349,388 | €247,529 | -€101,859 | -29.2% |
| Suppliers | 440/4 | €349,388 | €247,529 | -€101,859 | -29.2% |
| Taxes, remuneration and social security | 45 | €555,025 | €294,221 | -€260,805 | -47.0% |
| Taxes | 450/3 | €297,139 | €65,821 | -€231,318 | -77.8% |
| Remuneration and social security | 454/9 | €257,886 | €228,399 | -€29,487 | -11.4% |
| Other amounts payable | 47/48 | €470,000 | €0 | -€470,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €704,042 | €690,524 | -€13,519 | -1.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,491,576 | €1,574,952 | +€83,376 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,956 | €52,501 | -€13,455 | -20.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €457 | -€5,164 | -€5,621 | |
| Other operating charges | 640/8 | €28,110 | €37,676 | +€9,566 | +34.0% |
| Gross operating margin | 9900 | €2,283,821 | €1,746,856 | -€536,965 | -23.5% |
| Operating profit (loss) | 9901 | €697,722 | €86,891 | -€610,831 | -87.5% |
| Financial income | 75/76B | €1 | €273 | +€271 | +23202.6% |
| Recurring financial income | 75 | €1 | €273 | +€271 | +23202.6% |
| Financial charges | 65/66B | €24,977 | €33,844 | +€8,867 | +35.5% |
| Recurring financial charges | 65 | €24,977 | €33,844 | +€8,867 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €672,746 | €53,320 | -€619,427 | -92.1% |
| Income taxes | 67/77 | €199,823 | €25,619 | -€174,204 | -87.2% |
| Profit (loss) for the period | 9904 | €472,923 | €27,701 | -€445,222 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €472,923 | €27,701 | -€445,222 | -94.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.