OFRESH: 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.
OFRESH
Largest movements
- Cash -€3,127
down €3,127 (-12.4%), from €25,316 to €22,189
mainly Trade debts (-€4,441) and Net result for the year (-€1,011)
- Receivables within one year -€1,620
down €1,620 (-87.7%), from €1,848 to €228
- Trade debts -€4,441
down €4,441 (-83.3%), from €5,332 to €891
- Profit (loss) carried forward -€1,011
down €1,011 (-33.2%), from €3,042 to €2,031
- Other debts +€706
new in 2024: €706
- Gross operating margin -€3,829
down €3,829, from €3,111 to -€719
- Depreciation -€1,616
no longer reported in 2024 (was €1,616)
- Financial charges -€1,307
down €1,307 (-83.3%), from €1,570 to €262
- Other operating charges -€449
down €449 (-93.7%), from €479 to €30
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 | €27,164 | €22,417 | -€4,746 | -17.5% |
| Current assets | 29/58 | €27,164 | €22,417 | -€4,746 | -17.5% |
| Amounts receivable within one year | 40/41 | €1,848 | €228 | -€1,620 | -87.7% |
| Other amounts receivable | 41 | €1,848 | €228 | -€1,620 | -87.7% |
| Cash at bank and in hand | 54/58 | €25,316 | €22,189 | -€3,127 | -12.4% |
| Total equity and liabilities | 10/49 | €27,164 | €22,417 | -€4,746 | -17.5% |
| Equity | 10/15 | €21,642 | €20,631 | -€1,011 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,042 | €2,031 | -€1,011 | -33.2% |
| Amounts payable | 17/49 | €5,522 | €1,786 | -€3,735 | -67.6% |
| Amounts payable within one year | 42/48 | €5,522 | €1,786 | -€3,735 | -67.6% |
| Trade debts | 44 | €5,332 | €891 | -€4,441 | -83.3% |
| Suppliers | 440/4 | €5,332 | €891 | -€4,441 | -83.3% |
| Taxes, remuneration and social security | 45 | €190 | €190 | = | 0.0% |
| Taxes | 450/3 | €190 | €190 | = | 0.0% |
| Other amounts payable | 47/48 | - | €706 | +€706 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,616 | - | -€1,616 | |
| Other operating charges | 640/8 | €479 | €30 | -€449 | -93.7% |
| Gross operating margin | 9900 | €3,111 | -€719 | -€3,829 | |
| Operating profit (loss) | 9901 | €1,015 | -€749 | -€1,764 | |
| Financial charges | 65/66B | €1,570 | €262 | -€1,307 | -83.3% |
| Recurring financial charges | 65 | €1,570 | €262 | -€1,307 | -83.3% |
| Profit (loss) for the period before taxes | 9903 | -€555 | -€1,011 | -€456 | -82.2% |
| Profit (loss) for the period | 9904 | -€555 | -€1,011 | -€456 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€555 | -€1,011 | -€456 | -82.2% |
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 28 September 2026 via checked.be.