A.S. OPHTA: 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.
A.S. OPHTA
Largest movements
- Cash -€47,123
down €47,123 (-92.3%), from €51,059 to €3,936
mainly Trade debts (-€71,359) and Investment in fixed assets (net) (-€54,880)
- Tangible fixed assets -€11,762
down €11,762 (-2.5%), from €474,232 to €462,470
of which Land and buildings: -€29,276
- Trade debts -€71,359
down €71,359 (-97.4%), from €73,300 to €1,941
- Current portion of long-term debt +€46,777
up €46,777 (+1,446%), from €3,236 to €50,013
- Debts after one year +€22,291
up €22,291 (+80.6%), from €27,661 to €49,952
of which Financial debts: +€25,688
- Profit (loss) carried forward -€21,721
down €21,721 (-66.6%), from €32,600 to €10,879
- Provisions -€20,953
down €20,953 (-6.1%), from €344,781 to €323,828
- Depreciation +€13,188
up €13,188 (+24.7%), from €53,454 to €66,642
- Gross operating margin -€3,335
down €3,335 (-3.4%), from €99,415 to €96,080
- Other operating charges -€2,076
down €2,076 (-42.1%), from €4,931 to €2,855
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 | €536,016 | €479,233 | -€56,783 | -10.6% |
| Fixed assets | 21/28 | €474,232 | €462,470 | -€11,762 | -2.5% |
| Tangible fixed assets | 22/27 | €474,232 | €462,470 | -€11,762 | -2.5% |
| Land and buildings | 22 | €271,596 | €242,320 | -€29,276 | -10.8% |
| Plant, machinery and equipment | 23 | €49,884 | €82,627 | +€32,743 | +65.6% |
| Furniture and vehicles | 24 | €1,085 | €5,856 | +€4,771 | +440% |
| Leasing and similar rights | 25 | €151,667 | €131,667 | -€20,000 | -13.2% |
| Current assets | 29/58 | €61,784 | €16,763 | -€45,021 | -72.9% |
| Amounts receivable within one year | 40/41 | €872 | €2,479 | +€1,607 | +184% |
| Trade receivables | 40 | €872 | €2,479 | +€1,607 | +184% |
| Cash at bank and in hand | 54/58 | €51,059 | €3,936 | -€47,123 | -92.3% |
| Deferred charges and accrued income | 490/1 | €9,853 | €10,348 | +€495 | +5.0% |
| Total equity and liabilities | 10/49 | €536,016 | €479,233 | -€56,783 | -10.6% |
| Equity | 10/15 | €66,344 | €42,263 | -€24,081 | -36.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,600 | €10,879 | -€21,721 | -66.6% |
| Investment grants | 15 | €19,484 | €17,124 | -€2,360 | -12.1% |
| Provisions and deferred taxes | 16 | €344,781 | €323,828 | -€20,953 | -6.1% |
| Provisions for liabilities and charges | 160/5 | €344,781 | €323,828 | -€20,953 | -6.1% |
| Other liabilities and charges | 164/5 | €344,781 | €323,828 | -€20,953 | -6.1% |
| Amounts payable | 17/49 | €124,891 | €113,142 | -€11,749 | -9.4% |
| Amounts payable after more than one year | 17 | €27,661 | €49,952 | +€22,291 | +80.6% |
| Financial debts | 170/4 | - | €25,688 | +€25,688 | |
| Other amounts payable | 178/9 | €27,661 | €24,264 | -€3,397 | -12.3% |
| Amounts payable within one year | 42/48 | €97,230 | €63,190 | -€34,040 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €3,236 | €50,013 | +€46,777 | +1,446% |
| Trade debts | 44 | €73,300 | €1,941 | -€71,359 | -97.4% |
| Suppliers | 440/4 | €73,300 | €1,941 | -€71,359 | -97.4% |
| Taxes, remuneration and social security | 45 | €20,694 | €11,236 | -€9,458 | -45.7% |
| Taxes | 450/3 | €20,694 | €11,236 | -€9,458 | -45.7% |
| Non-recurring operating income | 76A | €19,351 | €20,952 | +€1,601 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,454 | €66,642 | +€13,188 | +24.7% |
| Other operating charges | 640/8 | €4,931 | €2,855 | -€2,076 | -42.1% |
| Gross operating margin | 9900 | €99,415 | €96,080 | -€3,335 | -3.4% |
| Operating profit (loss) | 9901 | €41,030 | €26,583 | -€14,447 | -35.2% |
| Financial income | 75/76B | €1,840 | €2,361 | +€521 | +28.3% |
| Recurring financial income | 75 | €1,840 | €2,361 | +€521 | +28.3% |
| Financial charges | 65/66B | €50,773 | €50,413 | -€360 | -0.7% |
| Recurring financial charges | 65 | €50,773 | €50,413 | -€360 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,903 | -€21,469 | -€13,566 | -172% |
| Income taxes | 67/77 | €250 | €253 | +€3 | +1.2% |
| Profit (loss) for the period | 9904 | -€8,153 | -€21,722 | -€13,569 | -166% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,153 | -€21,722 | -€13,569 | -166% |
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 18 October 2026 via checked.be.