OFFSPRING: 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.
OFFSPRING
Largest movements
- Stocks and contracts -€50,100
down €50,100 (-38.9%), from €128,650 to €78,550
- Receivables within one year +€10,835
new in 2024: €10,835
of which Trade receivables: +€10,767
- Cash -€5,498
down €5,498 (-60.9%), from €9,034 to €3,535
mainly Other debts (-€100,209) and Net result for the year (-€13,996)
- Other debts -€100,209
down €100,209 (-99.0%), from €101,206 to €997
- Trade debts +€66,378
up €66,378 (+555.8%), from €11,943 to €78,321
- Profit (loss) carried forward -€13,996
down €13,996 (-83.7%), from -€16,722 to -€30,718
- Tax, wage and social debts +€3,064
up €3,064 (+14.4%), from €21,257 to €24,321
- Gross operating margin -€14,191
down €14,191, from €571 to -€13,620
- Other operating charges -€3,852
no longer reported in 2024 (was €3,852)
- Financial charges -€3,415
down €3,415 (-90.1%), from €3,791 to €376
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,684 | €92,921 | -€44,763 | -32.5% |
| Current assets | 29/58 | €137,684 | €92,921 | -€44,763 | -32.5% |
| Stocks and contracts in progress | 3 | €128,650 | €78,550 | -€50,100 | -38.9% |
| Stocks | 30/36 | €128,650 | €78,550 | -€50,100 | -38.9% |
| Amounts receivable within one year | 40/41 | - | €10,835 | +€10,835 | |
| Trade receivables | 40 | - | €10,767 | +€10,767 | |
| Other amounts receivable | 41 | - | €68 | +€68 | |
| Cash at bank and in hand | 54/58 | €9,034 | €3,535 | -€5,498 | -60.9% |
| Total equity and liabilities | 10/49 | €137,684 | €92,921 | -€44,763 | -32.5% |
| Equity | 10/15 | €3,278 | -€10,718 | -€13,996 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,722 | -€30,718 | -€13,996 | -83.7% |
| Amounts payable | 17/49 | €134,406 | €103,639 | -€30,767 | -22.9% |
| Amounts payable within one year | 42/48 | €134,406 | €103,639 | -€30,767 | -22.9% |
| Trade debts | 44 | €11,943 | €78,321 | +€66,378 | +555.8% |
| Suppliers | 440/4 | €11,943 | €78,321 | +€66,378 | +555.8% |
| Taxes, remuneration and social security | 45 | €21,257 | €24,321 | +€3,064 | +14.4% |
| Taxes | 450/3 | €21,257 | €24,321 | +€3,064 | +14.4% |
| Other amounts payable | 47/48 | €101,206 | €997 | -€100,209 | -99.0% |
| Other operating charges | 640/8 | €3,852 | - | -€3,852 | |
| Gross operating margin | 9900 | €571 | -€13,620 | -€14,191 | |
| Operating profit (loss) | 9901 | -€3,281 | -€13,620 | -€10,339 | -315.2% |
| Financial charges | 65/66B | €3,791 | €376 | -€3,415 | -90.1% |
| Recurring financial charges | 65 | €3,791 | €376 | -€3,415 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,072 | -€13,996 | -€6,924 | -97.9% |
| Profit (loss) for the period | 9904 | -€7,072 | -€13,996 | -€6,924 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,072 | -€13,996 | -€6,924 | -97.9% |
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 30 September 2026 via checked.be.