PRIVATE OFFICE GROUP: what changed
Two financial 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.
PRIVATE OFFICE GROUP
Largest movements
- Receivables within one year -€12,347
down €12,347 (-17.1%), from €72,240 to €59,893
of which Trade receivables: -€17,184
- Cash +€9,142
up €9,142 (+27.0%), from €33,806 to €42,948
mainly Receivables within one year (+€12,347) and Trade debts (+€1,042)
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€962
down €962 (-80.6%), from €1,194 to €232
- Gross operating margin +€766
up €766 (+23.0%), from -€3,330 to -€2,564
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.
Derived cash bridge
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 | €505,136 | €501,931 | -€3,205 | -0.6% |
| Fixed assets | 21/28 | €399,089 | €399,089 | = | 0.0% |
| Financial fixed assets | 28 | €399,089 | €399,089 | = | 0.0% |
| Current assets | 29/58 | €106,047 | €102,841 | -€3,205 | -3.0% |
| Amounts receivable within one year | 40/41 | €72,240 | €59,893 | -€12,347 | -17.1% |
| Trade receivables | 40 | €41,204 | €24,020 | -€17,184 | -41.7% |
| Other amounts receivable | 41 | €31,036 | €35,873 | +€4,837 | +15.6% |
| Cash at bank and in hand | 54/58 | €33,806 | €42,948 | +€9,142 | +27.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €505,136 | €501,931 | -€3,205 | -0.6% |
| Equity | 10/15 | €425,515 | €422,199 | -€3,315 | -0.8% |
| Contributions | 10/11 | €330,330 | €330,330 | = | 0.0% |
| Reserves | 13 | €81,030 | €81,030 | = | 0.0% |
| Distributable reserves | 133 | €81,030 | €81,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,154 | €10,839 | -€3,315 | -23.4% |
| Amounts payable | 17/49 | €79,621 | €79,732 | +€110 | +0.1% |
| Amounts payable within one year | 42/48 | €78,690 | €79,732 | +€1,042 | +1.3% |
| Trade debts | 44 | €78,650 | €79,692 | +€1,042 | +1.3% |
| Suppliers | 440/4 | €78,650 | €79,692 | +€1,042 | +1.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €40 | €40 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €931 | €0 | -€931 | -100% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€3,330 | -€2,564 | +€766 | +23.0% |
| Operating profit (loss) | 9901 | -€3,836 | -€3,084 | +€752 | +19.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,194 | €232 | -€962 | -80.6% |
| Recurring financial charges | 65 | €1,194 | €232 | -€962 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,029 | -€3,315 | +€1,714 | +34.1% |
| Profit (loss) for the period | 9904 | -€5,029 | -€3,315 | +€1,714 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,029 | -€3,315 | +€1,714 | +34.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.