The Offix: 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.
The Offix
Largest movements
- Receivables within one year +€105,916
up €105,916 (+29.0%), from €365,187 to €471,104
of which Trade receivables: +€105,916
- Tangible fixed assets -€23,815
down €23,815 (-33.0%), from €72,121 to €48,306
- Cash -€9,633
down €9,633 (-82.9%), from €11,624 to €1,991
mainly Receivables within one year (-€105,916) and Trade debts (-€12,315)
- Intangible fixed assets -€6,776
down €6,776 (-25.9%), from €26,148 to €19,372
- Profit (loss) carried forward +€88,602
up €88,602 (+15.3%), from -€579,659 to -€491,056
- Trade debts -€12,315
down €12,315 (-32.0%), from €38,504 to €26,189
- Other debts -€10,683
down €10,683 (-2.1%), from €497,807 to €487,124
- Gross operating margin -€20,831
down €20,831 (-13.4%), from €155,130 to €134,299
- Financial charges -€1,734
down €1,734 (-11.5%), from €15,026 to €13,292
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 | €476,573 | €542,082 | +€65,509 | +13.7% |
| Fixed assets | 21/28 | €98,269 | €67,678 | -€30,591 | -31.1% |
| Intangible fixed assets | 21 | €26,148 | €19,372 | -€6,776 | -25.9% |
| Tangible fixed assets | 22/27 | €72,121 | €48,306 | -€23,815 | -33.0% |
| Furniture and vehicles | 24 | €72,121 | €48,306 | -€23,815 | -33.0% |
| Current assets | 29/58 | €378,304 | €474,404 | +€96,100 | +25.4% |
| Amounts receivable within one year | 40/41 | €365,187 | €471,104 | +€105,916 | +29.0% |
| Trade receivables | 40 | €364,402 | €470,319 | +€105,916 | +29.1% |
| Other amounts receivable | 41 | €785 | €785 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,624 | €1,991 | -€9,633 | -82.9% |
| Deferred charges and accrued income | 490/1 | €1,493 | €1,309 | -€183 | -12.3% |
| Total equity and liabilities | 10/49 | €476,573 | €542,082 | +€65,509 | +13.7% |
| Equity | 10/15 | -€561,059 | -€472,456 | +€88,602 | +15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€579,659 | -€491,056 | +€88,602 | +15.3% |
| Amounts payable | 17/49 | €1,037,632 | €1,014,538 | -€23,094 | -2.2% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Financial debts | 170/4 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €537,632 | €514,538 | -€23,094 | -4.3% |
| Trade debts | 44 | €38,504 | €26,189 | -€12,315 | -32.0% |
| Suppliers | 440/4 | €38,504 | €26,189 | -€12,315 | -32.0% |
| Taxes, remuneration and social security | 45 | €1,321 | €1,225 | -€96 | -7.2% |
| Taxes | 450/3 | €1,321 | €1,225 | -€96 | -7.2% |
| Other amounts payable | 47/48 | €497,807 | €487,124 | -€10,683 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,174 | €31,721 | +€1,547 | +5.1% |
| Other operating charges | 640/8 | €635 | €641 | +€7 | +1.0% |
| Gross operating margin | 9900 | €155,130 | €134,299 | -€20,831 | -13.4% |
| Operating profit (loss) | 9901 | €124,322 | €101,937 | -€22,385 | -18.0% |
| Financial income | 75/76B | €1,042 | €394 | -€648 | -62.1% |
| Recurring financial income | 75 | €1,042 | €394 | -€648 | -62.1% |
| Financial charges | 65/66B | €15,026 | €13,292 | -€1,734 | -11.5% |
| Recurring financial charges | 65 | €15,026 | €13,292 | -€1,734 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €110,338 | €89,039 | -€21,299 | -19.3% |
| Income taxes | 67/77 | €1,336 | €437 | -€900 | -67.3% |
| Profit (loss) for the period | 9904 | €109,001 | €88,602 | -€20,399 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €109,001 | €88,602 | -€20,399 | -18.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.