OFFINI CARDS: 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
OFFINI CARDS
NACE 18.120, Other printing
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€29,787
2023 · €31,706-€61,494
Equity
€358,231
2023 · €388,018-€29,787
Cash
€54,418
2023 · €49,396+€5,023
Balance sheet total
€1.0m
2023 · €1.1m-€48,950
Largest movements
Assets
- Tangible fixed assets -€57,699
down €57,699 (-7.1%), from €813,724 to €756,026
of which Land and buildings: -€47,038
- Receivables within one year +€20,818
up €20,818 (+12.6%), from €165,602 to €186,420
of which Other amounts receivable: +€15,949
- Stocks and contracts -€12,159
down €12,159 (-24.1%), from €50,474 to €38,315
Equity and liabilities
- Debts after one year -€51,513
down €51,513 (-10.1%), from €511,468 to €459,955
- Trade debts +€40,659
up €40,659 (+37.2%), from €109,156 to €149,814
- Reserves -€29,787
down €29,787 (-8.1%), from €367,018 to €337,231
of which Distributable reserves: -€29,787
Income statement
- Gross operating margin -€43,446
down €43,446 (-17.8%), from €243,965 to €200,519
- Taxes +€17,170
up €17,170, from -€17,170 to €0
From the 2023 result to the 2024 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 2023
€31,706
Gross operating margin
-€43,446
Staff costs
+€1,395
Depreciation
-€2,422
Other operating charges
+€197
Financial income
+€518
Financial charges
-€566
Taxes
-€17,170
Result 2024
-€29,787
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€85,949
Investment
-€19,986
Financing
-€60,940
Cash 2023
€49,396
From operations (derived)
+€85,949
Net result for the year
-€29,787
Depreciation
+€78,045
Stocks and contracts
+€12,159
Receivables within one year
-€20,818
Deferred charges and accrued income
+€4,573
Trade debts
+€40,659
Tax, wage and social debts
+€1,119
Investment (derived)
-€19,986
Investment in fixed assets (net)
-€19,986
Financing
-€60,940
Debts after one year
-€51,513
Current portion of long-term debt
-€984
Short-term financial debts
-€8,443
Cash 2024
€54,418
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,088,980 | €1,040,030 | -€48,950 | -4.5% |
| Fixed assets | 21/28 | €818,734 | €760,676 | -€58,059 | -7.1% |
| Tangible fixed assets | 22/27 | €813,724 | €756,026 | -€57,699 | -7.1% |
| Land and buildings | 22 | €776,288 | €729,251 | -€47,038 | -6.1% |
| Plant, machinery and equipment | 23 | €23,021 | €16,527 | -€6,494 | -28.2% |
| Furniture and vehicles | 24 | €14,414 | €10,247 | -€4,167 | -28.9% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €5,010 | €4,650 | -€360 | -7.2% |
| Current assets | 29/58 | €270,246 | €279,355 | +€9,109 | +3.4% |
| Stocks and contracts in progress | 3 | €50,474 | €38,315 | -€12,159 | -24.1% |
| Stocks | 30/36 | €50,474 | €38,315 | -€12,159 | -24.1% |
| Amounts receivable within one year | 40/41 | €165,602 | €186,420 | +€20,818 | +12.6% |
| Trade receivables | 40 | €138,010 | €142,880 | +€4,870 | +3.5% |
| Other amounts receivable | 41 | €27,592 | €43,540 | +€15,949 | +57.8% |
| Cash at bank and in hand | 54/58 | €49,396 | €54,418 | +€5,023 | +10.2% |
| Deferred charges and accrued income | 490/1 | €4,775 | €201 | -€4,573 | -95.8% |
| Total equity and liabilities | 10/49 | €1,088,980 | €1,040,030 | -€48,950 | -4.5% |
| Equity | 10/15 | €388,018 | €358,231 | -€29,787 | -7.7% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €367,018 | €337,231 | -€29,787 | -8.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €21,122 | €21,122 | = | 0.0% |
| Distributable reserves | 133 | €345,896 | €316,109 | -€29,787 | -8.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €700,962 | €681,800 | -€19,163 | -2.7% |
| Amounts payable after more than one year | 17 | €511,468 | €459,955 | -€51,513 | -10.1% |
| Financial debts | 170/4 | €511,468 | €459,955 | -€51,513 | -10.1% |
| Amounts payable within one year | 42/48 | €189,494 | €221,844 | +€32,350 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €52,497 | €51,513 | -€984 | -1.9% |
| Financial debts | 43 | €8,443 | €0 | -€8,443 | -100.0% |
| Credit institutions | 430/8 | €8,443 | €0 | -€8,443 | -100.0% |
| Trade debts | 44 | €109,156 | €149,814 | +€40,659 | +37.2% |
| Suppliers | 440/4 | €109,156 | €149,814 | +€40,659 | +37.2% |
| Taxes, remuneration and social security | 45 | €18,898 | €20,017 | +€1,119 | +5.9% |
| Taxes | 450/3 | €10,218 | €4,822 | -€5,396 | -52.8% |
| Remuneration and social security | 454/9 | €8,680 | €15,195 | +€6,516 | +75.1% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €133,530 | €132,135 | -€1,395 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,623 | €78,045 | +€2,422 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €6,895 | €6,697 | -€197 | -2.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €243,965 | €200,519 | -€43,446 | -17.8% |
| Operating profit (loss) | 9901 | €27,917 | -€16,359 | -€44,275 | |
| Financial income | 75/76B | €1,336 | €1,853 | +€518 | +38.7% |
| Recurring financial income | 75 | €1,336 | €1,853 | +€518 | +38.7% |
| Financial charges | 65/66B | €14,716 | €15,282 | +€566 | +3.8% |
| Recurring financial charges | 65 | €14,716 | €15,282 | +€566 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €14,537 | -€29,787 | -€44,324 | |
| Income taxes | 67/77 | -€17,170 | €0 | +€17,170 | |
| Profit (loss) for the period | 9904 | €31,706 | -€29,787 | -€61,494 | |
| Transfer to tax-exempt reserves | 689 | €1,835 | €0 | -€1,835 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,871 | -€29,787 | -€59,659 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.