OFH: 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.
OFH
Largest movements
- Tangible fixed assets -€20,319
down €20,319 (-6.0%), from €337,848 to €317,529
of which Land and buildings: -€19,767
- Profit (loss) carried forward -€17,646
down €17,646 (-10.1%), from -€174,624 to -€192,270
- Gross operating margin +€1,541
up €1,541 (+172.6%), from €893 to €2,434
- Depreciation -€1,400
down €1,400 (-6.4%), from €21,718 to €20,319
- Other operating charges +€534
up €534 (+22.9%), from €2,331 to €2,865
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €346,632 | €325,823 | -€20,810 | -6.0% |
| Fixed assets | 21/28 | €337,848 | €317,529 | -€20,319 | -6.0% |
| Tangible fixed assets | 22/27 | €337,848 | €317,529 | -€20,319 | -6.0% |
| Land and buildings | 22 | €337,296 | €317,529 | -€19,767 | -5.9% |
| Plant, machinery and equipment | 23 | €551 | - | -€551 | |
| Current assets | 29/58 | €8,785 | €8,294 | -€491 | -5.6% |
| Cash at bank and in hand | 54/58 | €8,785 | €8,236 | -€549 | -6.2% |
| Deferred charges and accrued income | 490/1 | - | €58 | +€58 | |
| Total equity and liabilities | 10/49 | €346,632 | €325,823 | -€20,810 | -6.0% |
| Equity | 10/15 | -€26,653 | -€46,419 | -€19,766 | -74.2% |
| Contributions | 10/11 | €99,200 | €99,200 | = | 0.0% |
| Capital | 10 | €99,200 | €99,200 | = | 0.0% |
| Issued capital | 100 | €99,200 | €99,200 | = | 0.0% |
| Reserves | 13 | €48,771 | €46,651 | -€2,119 | -4.3% |
| Tax-exempt reserves | 132 | €35,324 | €33,205 | -€2,119 | -6.0% |
| Distributable reserves | 133 | €13,447 | €13,447 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,624 | -€192,270 | -€17,646 | -10.1% |
| Provisions and deferred taxes | 16 | €17,398 | €16,355 | -€1,044 | -6.0% |
| Deferred taxes | 168 | €17,398 | €16,355 | -€1,044 | -6.0% |
| Amounts payable | 17/49 | €355,887 | €355,887 | = | 0.0% |
| Amounts payable within one year | 42/48 | €355,887 | €355,887 | = | 0.0% |
| Other amounts payable | 47/48 | €355,887 | €355,887 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,718 | €20,319 | -€1,400 | -6.4% |
| Other operating charges | 640/8 | €2,331 | €2,865 | +€534 | +22.9% |
| Gross operating margin | 9900 | €893 | €2,434 | +€1,541 | +172.6% |
| Operating profit (loss) | 9901 | -€23,157 | -€20,750 | +€2,407 | +10.4% |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,217 | -€20,810 | +€2,407 | +10.4% |
| Transfer from deferred taxes | 780 | €1,111 | €1,044 | -€67 | -6.0% |
| Profit (loss) for the period | 9904 | -€22,106 | -€19,766 | +€2,340 | +10.6% |
| Transfer from tax-exempt reserves | 789 | €2,255 | €2,119 | -€135 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,851 | -€17,646 | +€2,205 | +11.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.