BART OPDENCAMP: what changed
BART OPDENCAMP
Largest movements
- Tangible fixed assets -€31,137
down €31,137 (-37.8%), from €82,274 to €51,137
of which Furniture and vehicles: -€16,520
- Receivables within one year +€20,759
up €20,759 (+497%), from €4,179 to €24,939
of which Trade receivables: +€18,533
- Cash +€4,622
up €4,622 (+4.0%), from €114,398 to €119,020
mainly Net result for the year (+€33,713) and Depreciation (+€31,137)
- Reserves +€7,398
up €7,398 (+4.5%), from €165,114 to €172,512
- Debts after one year -€5,957
down €5,957 (-51.9%), from €11,487 to €5,531
- Current portion of long-term debt -€4,733
down €4,733 (-44.3%), from €10,689 to €5,957
- Tax, wage and social debts -€2,595
down €2,595 (-32.3%), from €8,027 to €5,432
of which Taxes: -€2,772
- Gross operating margin +€19,683
up €19,683 (+18.6%), from €105,897 to €125,581
- Staff costs +€7,116
up €7,116 (+17.4%), from €40,907 to €48,023
- Depreciation +€1,613
up €1,613 (+5.5%), from €29,525 to €31,137
- Taxes +€1,342
up €1,342 (+12.2%), from €10,994 to €12,336
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,018 | €195,095 | -€5,923 | -2.9% |
| Fixed assets | 21/28 | €82,274 | €51,137 | -€31,137 | -37.8% |
| Tangible fixed assets | 22/27 | €82,274 | €51,137 | -€31,137 | -37.8% |
| Land and buildings | 22 | €4,731 | €3,980 | -€750 | -15.9% |
| Plant, machinery and equipment | 23 | €31,837 | €19,148 | -€12,689 | -39.9% |
| Furniture and vehicles | 24 | €35,906 | €19,386 | -€16,520 | -46.0% |
| Other tangible fixed assets | 26 | €9,800 | €8,622 | -€1,178 | -12.0% |
| Current assets | 29/58 | €118,744 | €143,959 | +€25,214 | +21.2% |
| Amounts receivable within one year | 40/41 | €4,179 | €24,939 | +€20,759 | +497% |
| Trade receivables | 40 | €3,994 | €22,527 | +€18,533 | +464% |
| Other amounts receivable | 41 | €186 | €2,412 | +€2,226 | +1,200% |
| Cash at bank and in hand | 54/58 | €114,398 | €119,020 | +€4,622 | +4.0% |
| Deferred charges and accrued income | 490/1 | €166 | - | -€166 | |
| Total equity and liabilities | 10/49 | €201,018 | €195,095 | -€5,923 | -2.9% |
| Equity | 10/15 | €165,114 | €172,512 | +€7,398 | +4.5% |
| Reserves | 13 | €165,114 | €172,512 | +€7,398 | +4.5% |
| Distributable reserves | 133 | €165,114 | €172,512 | +€7,398 | +4.5% |
| Amounts payable | 17/49 | €35,904 | €22,584 | -€13,321 | -37.1% |
| Amounts payable after more than one year | 17 | €11,487 | €5,531 | -€5,957 | -51.9% |
| Financial debts | 170/4 | €11,487 | €5,531 | -€5,957 | -51.9% |
| Amounts payable within one year | 42/48 | €24,417 | €17,053 | -€7,364 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €10,689 | €5,957 | -€4,733 | -44.3% |
| Trade debts | 44 | €5,481 | €5,191 | -€290 | -5.3% |
| Suppliers | 440/4 | €5,481 | €5,191 | -€290 | -5.3% |
| Taxes, remuneration and social security | 45 | €8,027 | €5,432 | -€2,595 | -32.3% |
| Taxes | 450/3 | €2,884 | €113 | -€2,772 | -96.1% |
| Remuneration and social security | 454/9 | €5,143 | €5,320 | +€177 | +3.4% |
| Other amounts payable | 47/48 | €219 | €473 | +€253 | +115% |
| Remuneration, social security and pensions | 62 | €40,907 | €48,023 | +€7,116 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,525 | €31,137 | +€1,613 | +5.5% |
| Other operating charges | 640/8 | €1,068 | €1,099 | +€32 | +3.0% |
| Gross operating margin | 9900 | €105,897 | €125,581 | +€19,683 | +18.6% |
| Operating profit (loss) | 9901 | €34,397 | €45,321 | +€10,923 | +31.8% |
| Financial income | 75/76B | €1,539 | €1,007 | -€533 | -34.6% |
| Recurring financial income | 75 | €1,539 | €1,007 | -€533 | -34.6% |
| Financial charges | 65/66B | €726 | €278 | -€448 | -61.7% |
| Recurring financial charges | 65 | €726 | €278 | -€448 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €35,211 | €46,049 | +€10,838 | +30.8% |
| Income taxes | 67/77 | €10,994 | €12,336 | +€1,342 | +12.2% |
| Profit (loss) for the period | 9904 | €24,217 | €33,713 | +€9,496 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,217 | €33,713 | +€9,496 | +39.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.