I.C. OPPENHEIM: 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.
I.C. OPPENHEIM
Largest movements
- Cash -€255,646
down €255,646 (-66.7%), from €383,439 to €127,793
mainly Other debts (-€114,403) and Tax, wage and social debts (-€56,971)
- Tangible fixed assets +€29,633
up €29,633 (+51.6%), from €57,379 to €87,012
of which Land and buildings: +€27,481
- Other debts -€114,403
no longer reported in 2025 (was €114,403)
- Tax, wage and social debts -€56,971
no longer reported in 2025 (was €56,971)
of which Taxes: -€55,991
- Profit (loss) carried forward -€45,323
new in 2025: -€45,323
- Accrued charges and deferred income -€9,414
down €9,414 (-97.9%), from €9,612 to €198
- Gross operating margin -€705,595
down €705,595, from €669,564 to -€36,031
- Other operating charges -€139,440
down €139,440 (-97.3%), from €143,243 to €3,802
- Taxes -€56,129
no longer reported in 2025 (was €56,129)
- Financial charges -€9,342
down €9,342 (-96.7%), from €9,662 to €320
- Staff costs -€7,618
down €7,618 (-92.9%), from €8,201 to €583
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 | €490,278 | €264,034 | -€226,244 | -46.1% |
| Fixed assets | 21/28 | €57,959 | €87,592 | +€29,633 | +51.1% |
| Tangible fixed assets | 22/27 | €57,379 | €87,012 | +€29,633 | +51.6% |
| Land and buildings | 22 | €46,375 | €73,856 | +€27,481 | +59.3% |
| Furniture and vehicles | 24 | €2,823 | €4,974 | +€2,152 | +76.2% |
| Other tangible fixed assets | 26 | €8,181 | €8,181 | = | 0.0% |
| Financial fixed assets | 28 | €580 | €580 | = | 0.0% |
| Current assets | 29/58 | €432,319 | €176,442 | -€255,876 | -59.2% |
| Amounts receivable within one year | 40/41 | €43,567 | €43,041 | -€526 | -1.2% |
| Other amounts receivable | 41 | €43,567 | €43,041 | -€526 | -1.2% |
| Cash at bank and in hand | 54/58 | €383,439 | €127,793 | -€255,646 | -66.7% |
| Deferred charges and accrued income | 490/1 | €5,312 | €5,608 | +€296 | +5.6% |
| Total equity and liabilities | 10/49 | €490,278 | €264,034 | -€226,244 | -46.1% |
| Equity | 10/15 | €305,897 | €260,574 | -€45,323 | -14.8% |
| Contributions | 10/11 | €161,511 | €161,511 | = | 0.0% |
| Reserves | 13 | €144,386 | €144,386 | = | 0.0% |
| Non-distributable reserves | 130/1 | €137,582 | €137,582 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,832 | €9,832 | = | 0.0% |
| Other | 1319 | €127,750 | €127,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,805 | €6,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€45,323 | -€45,323 | |
| Amounts payable | 17/49 | €184,381 | €3,460 | -€180,921 | -98.1% |
| Amounts payable within one year | 42/48 | €174,768 | €3,262 | -€171,507 | -98.1% |
| Trade debts | 44 | €3,394 | €3,262 | -€132 | -3.9% |
| Suppliers | 440/4 | €3,394 | €3,262 | -€132 | -3.9% |
| Taxes, remuneration and social security | 45 | €56,971 | - | -€56,971 | |
| Taxes | 450/3 | €55,991 | - | -€55,991 | |
| Remuneration and social security | 454/9 | €980 | - | -€980 | |
| Other amounts payable | 47/48 | €114,403 | - | -€114,403 | |
| Accrued charges and deferred income | 492/3 | €9,612 | €198 | -€9,414 | -97.9% |
| Non-recurring operating income | 76A | €707,823 | - | -€707,823 | |
| Remuneration, social security and pensions | 62 | €8,201 | €583 | -€7,618 | -92.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,247 | €10,568 | +€3,322 | +45.8% |
| Other operating charges | 640/8 | €143,243 | €3,802 | -€139,440 | -97.3% |
| Gross operating margin | 9900 | €669,564 | -€36,031 | -€705,595 | |
| Operating profit (loss) | 9901 | €510,873 | -€50,985 | -€561,858 | |
| Financial income | 75/76B | €5,176 | €5,982 | +€806 | +15.6% |
| Recurring financial income | 75 | €5,176 | €5,982 | +€806 | +15.6% |
| Financial charges | 65/66B | €9,662 | €320 | -€9,342 | -96.7% |
| Recurring financial charges | 65 | €9,662 | €320 | -€9,342 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €506,388 | -€45,323 | -€551,711 | |
| Income taxes | 67/77 | €56,129 | - | -€56,129 | |
| Profit (loss) for the period | 9904 | €450,259 | -€45,323 | -€495,582 | |
| Profit (loss) for the period to be appropriated | 9905 | €450,259 | -€45,323 | -€495,582 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.