Ofriends: 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.
Ofriends
Largest movements
- Tangible fixed assets -€43,877
down €43,877 (-16.4%), from €267,570 to €223,694
of which Plant, machinery and equipment: -€33,666
- Cash -€7,276
down €7,276 (-16.2%), from €45,015 to €37,739
mainly Debts after one year (-€62,472) and Trade debts (-€24,810)
- Intangible fixed assets -€5,000
down €5,000 (-13.7%), from €36,556 to €31,556
- Debts after one year -€62,472
down €62,472 (-34.6%), from €180,360 to €117,888
- Short-term financial debts +€30,700
up €30,700 (+19.1%), from €160,943 to €191,643
- Trade debts -€24,810
down €24,810 (-50.3%), from €49,278 to €24,468
- Profit (loss) carried forward -€10,704
down €10,704 (-17.5%), from -€61,002 to -€71,706
- Tax, wage and social debts +€4,298
up €4,298 (+31.9%), from €13,466 to €17,765
of which Taxes: +€3,460
- Staff costs +€25,448
up €25,448 (+12.3%), from €207,340 to €232,788
- Gross operating margin +€3,372
up €3,372 (+1.2%), from €280,464 to €283,837
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 | €410,283 | €352,620 | -€57,664 | -14.1% |
| Formation expenses | 20 | €479 | €265 | -€213 | -44.6% |
| Fixed assets | 21/28 | €309,527 | €260,650 | -€48,877 | -15.8% |
| Intangible fixed assets | 21 | €36,556 | €31,556 | -€5,000 | -13.7% |
| Tangible fixed assets | 22/27 | €267,570 | €223,694 | -€43,877 | -16.4% |
| Plant, machinery and equipment | 23 | €209,511 | €175,845 | -€33,666 | -16.1% |
| Furniture and vehicles | 24 | €43,395 | €35,185 | -€8,211 | -18.9% |
| Other tangible fixed assets | 26 | €14,664 | €12,664 | -€2,000 | -13.6% |
| Financial fixed assets | 28 | €5,400 | €5,400 | = | 0.0% |
| Current assets | 29/58 | €100,278 | €91,704 | -€8,574 | -8.6% |
| Stocks and contracts in progress | 3 | €8,983 | €7,154 | -€1,829 | -20.4% |
| Stocks | 30/36 | €8,983 | €7,154 | -€1,829 | -20.4% |
| Amounts receivable within one year | 40/41 | €43,747 | €46,084 | +€2,337 | +5.3% |
| Trade receivables | 40 | €17,261 | €25,662 | +€8,401 | +48.7% |
| Other amounts receivable | 41 | €26,486 | €20,422 | -€6,064 | -22.9% |
| Cash at bank and in hand | 54/58 | €45,015 | €37,739 | -€7,276 | -16.2% |
| Deferred charges and accrued income | 490/1 | €2,534 | €728 | -€1,806 | -71.3% |
| Total equity and liabilities | 10/49 | €410,283 | €352,620 | -€57,664 | -14.1% |
| Equity | 10/15 | -€55,002 | -€65,706 | -€10,704 | -19.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,002 | -€71,706 | -€10,704 | -17.5% |
| Amounts payable | 17/49 | €465,286 | €418,326 | -€46,960 | -10.1% |
| Amounts payable after more than one year | 17 | €180,360 | €117,888 | -€62,472 | -34.6% |
| Financial debts | 170/4 | €180,360 | €117,888 | -€62,472 | -34.6% |
| Amounts payable within one year | 42/48 | €284,926 | €300,438 | +€15,512 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €61,213 | €62,472 | +€1,259 | +2.1% |
| Financial debts | 43 | €160,943 | €191,643 | +€30,700 | +19.1% |
| Other loans | 439 | €160,943 | €191,643 | +€30,700 | +19.1% |
| Trade debts | 44 | €49,278 | €24,468 | -€24,810 | -50.3% |
| Suppliers | 440/4 | €49,278 | €24,468 | -€24,810 | -50.3% |
| Advances received on contracts in progress | 46 | - | €4,062 | +€4,062 | |
| Taxes, remuneration and social security | 45 | €13,466 | €17,765 | +€4,298 | +31.9% |
| Taxes | 450/3 | €2,170 | €5,631 | +€3,460 | +159.4% |
| Remuneration and social security | 454/9 | €11,296 | €12,134 | +€838 | +7.4% |
| Other amounts payable | 47/48 | €26 | €27 | +€2 | +6.3% |
| Remuneration, social security and pensions | 62 | €207,340 | €232,788 | +€25,448 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,631 | €51,706 | +€75 | +0.1% |
| Other operating charges | 640/8 | €1,073 | €937 | -€136 | -12.7% |
| Non-recurring operating charges | 66A | €10,796 | €239 | -€10,557 | -97.8% |
| Gross operating margin | 9900 | €280,464 | €283,837 | +€3,372 | +1.2% |
| Operating profit (loss) | 9901 | €9,624 | -€1,834 | -€11,458 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +4975.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +4975.0% |
| Financial charges | 65/66B | €9,248 | €8,872 | -€376 | -4.1% |
| Recurring financial charges | 65 | €9,248 | €8,872 | -€376 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €376 | -€10,704 | -€11,080 | |
| Profit (loss) for the period | 9904 | €376 | -€10,704 | -€11,080 | |
| Profit (loss) for the period to be appropriated | 9905 | €376 | -€10,704 | -€11,080 |
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 3 October 2026 via checked.be.