Offinco: 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.
Offinco
Largest movements
- Tangible fixed assets -€14,820
down €14,820 (-20.5%), from €72,371 to €57,551
of which Leasing and similar rights: -€14,012
- Deferred charges and accrued income -€7,489
down €7,489 (-91.7%), from €8,166 to €677
- Cash +€7,445
up €7,445 (+308.0%), from €2,417 to €9,861
mainly Depreciation (+€18,525) and Net result for the year (+€18,375)
- Other debts -€28,781
down €28,781 (-16.9%), from €170,203 to €141,421
- Reserves +€18,375
up €18,375 (+28.7%), from €64,126 to €82,501
- Debts after one year -€13,675
down €13,675 (-26.5%), from €51,581 to €37,906
- Tax, wage and social debts +€7,647
up €7,647 (+76.9%), from €9,945 to €17,592
- Gross operating margin +€44,338
up €44,338 (+223.5%), from €19,836 to €64,174
- Taxes +€12,538
up €12,538 (+274.7%), from €4,565 to €17,103
- Depreciation +€9,405
up €9,405 (+103.1%), from €9,121 to €18,525
- Other operating charges -€1,003
down €1,003 (-12.4%), from €8,062 to €7,059
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 | €329,073 | €313,201 | -€15,872 | -4.8% |
| Fixed assets | 21/28 | €298,842 | €284,022 | -€14,820 | -5.0% |
| Tangible fixed assets | 22/27 | €72,371 | €57,551 | -€14,820 | -20.5% |
| Plant, machinery and equipment | 23 | €832 | €248 | -€584 | -70.2% |
| Furniture and vehicles | 24 | €6,203 | €5,979 | -€224 | -3.6% |
| Leasing and similar rights | 25 | €65,336 | €51,324 | -€14,012 | -21.4% |
| Financial fixed assets | 28 | €226,472 | €226,472 | = | 0.0% |
| Current assets | 29/58 | €30,230 | €29,179 | -€1,052 | -3.5% |
| Amounts receivable within one year | 40/41 | €19,648 | €18,640 | -€1,008 | -5.1% |
| Trade receivables | 40 | €17,630 | €18,204 | +€575 | +3.3% |
| Other amounts receivable | 41 | €2,018 | €435 | -€1,582 | -78.4% |
| Cash at bank and in hand | 54/58 | €2,417 | €9,861 | +€7,445 | +308.0% |
| Deferred charges and accrued income | 490/1 | €8,166 | €677 | -€7,489 | -91.7% |
| Total equity and liabilities | 10/49 | €329,073 | €313,201 | -€15,872 | -4.8% |
| Equity | 10/15 | €84,126 | €102,501 | +€18,375 | +21.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €64,126 | €82,501 | +€18,375 | +28.7% |
| Distributable reserves | 133 | €64,126 | €82,501 | +€18,375 | +28.7% |
| Amounts payable | 17/49 | €244,947 | €210,700 | -€34,246 | -14.0% |
| Amounts payable after more than one year | 17 | €51,581 | €37,906 | -€13,675 | -26.5% |
| Financial debts | 170/4 | €51,581 | €37,906 | -€13,675 | -26.5% |
| Amounts payable within one year | 42/48 | €193,366 | €172,794 | -€20,571 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €13,151 | €13,675 | +€525 | +4.0% |
| Trade debts | 44 | €68 | €106 | +€39 | +57.2% |
| Suppliers | 440/4 | €68 | €106 | +€39 | +57.2% |
| Taxes, remuneration and social security | 45 | €9,945 | €17,592 | +€7,647 | +76.9% |
| Taxes | 450/3 | €9,945 | €17,592 | +€7,647 | +76.9% |
| Other amounts payable | 47/48 | €170,203 | €141,421 | -€28,781 | -16.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,121 | €18,525 | +€9,405 | +103.1% |
| Other operating charges | 640/8 | €8,062 | €7,059 | -€1,003 | -12.4% |
| Non-recurring operating charges | 66A | €8,704 | €0 | -€8,704 | -100.0% |
| Gross operating margin | 9900 | €19,836 | €64,174 | +€44,338 | +223.5% |
| Operating profit (loss) | 9901 | -€6,051 | €38,590 | +€44,641 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +2900.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2900.0% |
| Financial charges | 65/66B | €3,232 | €3,113 | -€119 | -3.7% |
| Recurring financial charges | 65 | €3,232 | €3,113 | -€119 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,283 | €35,477 | +€44,760 | |
| Income taxes | 67/77 | €4,565 | €17,103 | +€12,538 | +274.7% |
| Profit (loss) for the period | 9904 | -€13,847 | €18,375 | +€32,222 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,847 | €18,375 | +€32,222 |
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 1 October 2026 via checked.be.