L' OPPORTUNITE: 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.
L' OPPORTUNITE
Largest movements
- Tangible fixed assets -€54,015
down €54,015 (-12.3%), from €437,718 to €383,703
of which Furniture and vehicles: -€36,634
- Receivables within one year -€25,547
down €25,547 (-13.8%), from €184,609 to €159,062
of which Trade receivables: -€22,274
- Trade debts -€51,668
down €51,668 (-96.9%), from €53,297 to €1,629
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Debts after one year -€20,804
down €20,804 (-10.0%), from €208,375 to €187,571
- Reserves +€15,897
up €15,897 (+4.8%), from €330,549 to €346,446
of which Distributable reserves: +€15,897
- Current portion of long-term debt -€9,349
down €9,349 (-32.9%), from €28,445 to €19,096
- Write-downs -€10,890
new in 2025: -€10,890
- Gross operating margin +€10,498
up €10,498 (+13.5%), from €77,836 to €88,334
- Other operating charges +€9,758
up €9,758 (+156%), from €6,245 to €16,003
- Financial charges +€4,162
up €4,162 (+272%), from €1,527 to €5,689
- Taxes +€2,026
up €2,026 (+36.2%), from €5,594 to €7,620
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 | €672,405 | €588,516 | -€83,889 | -12.5% |
| Fixed assets | 21/28 | €437,718 | €383,703 | -€54,015 | -12.3% |
| Tangible fixed assets | 22/27 | €437,718 | €383,703 | -€54,015 | -12.3% |
| Land and buildings | 22 | €381,113 | €363,732 | -€17,381 | -4.6% |
| Furniture and vehicles | 24 | €56,604 | €19,971 | -€36,634 | -64.7% |
| Current assets | 29/58 | €234,687 | €204,813 | -€29,875 | -12.7% |
| Amounts receivable within one year | 40/41 | €184,609 | €159,062 | -€25,547 | -13.8% |
| Trade receivables | 40 | €107,429 | €85,155 | -€22,274 | -20.7% |
| Other amounts receivable | 41 | €77,180 | €73,906 | -€3,273 | -4.2% |
| Cash at bank and in hand | 54/58 | €39,888 | €41,954 | +€2,066 | +5.2% |
| Deferred charges and accrued income | 490/1 | €10,190 | €3,797 | -€6,393 | -62.7% |
| Total equity and liabilities | 10/49 | €672,405 | €588,516 | -€83,889 | -12.5% |
| Equity | 10/15 | €349,284 | €365,181 | +€15,897 | +4.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €330,549 | €346,446 | +€15,897 | +4.8% |
| Tax-exempt reserves | 132 | €13,403 | €13,403 | = | 0.0% |
| Distributable reserves | 133 | €317,147 | €333,043 | +€15,897 | +5.0% |
| Profit (loss) carried forward | 14 | €6,335 | €6,335 | = | 0.0% |
| Amounts payable | 17/49 | €323,121 | €223,335 | -€99,786 | -30.9% |
| Amounts payable after more than one year | 17 | €208,375 | €187,571 | -€20,804 | -10.0% |
| Financial debts | 170/4 | €208,375 | €187,571 | -€20,804 | -10.0% |
| Amounts payable within one year | 42/48 | €114,746 | €35,764 | -€78,982 | -68.8% |
| Current portion of amounts payable after more than one year | 42 | €28,445 | €19,096 | -€9,349 | -32.9% |
| Trade debts | 44 | €53,297 | €1,629 | -€51,668 | -96.9% |
| Suppliers | 440/4 | €53,297 | €1,629 | -€51,668 | -96.9% |
| Advances received on contracts in progress | 46 | - | €9,184 | +€9,184 | |
| Taxes, remuneration and social security | 45 | €3,005 | €5,856 | +€2,851 | +94.9% |
| Taxes | 450/3 | €1,505 | €4,465 | +€2,960 | +197% |
| Remuneration and social security | 454/9 | €1,500 | €1,391 | -€109 | -7.3% |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,800 | €54,015 | -€785 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€10,890 | -€10,890 | |
| Other operating charges | 640/8 | €6,245 | €16,003 | +€9,758 | +156% |
| Gross operating margin | 9900 | €77,836 | €88,334 | +€10,498 | +13.5% |
| Operating profit (loss) | 9901 | €16,791 | €29,206 | +€12,415 | +73.9% |
| Financial income | 75/76B | €1,029 | - | -€1,029 | |
| Recurring financial income | 75 | €1,029 | - | -€1,029 | |
| Financial charges | 65/66B | €1,527 | €5,689 | +€4,162 | +272% |
| Recurring financial charges | 65 | €1,527 | €5,689 | +€4,162 | +272% |
| Profit (loss) for the period before taxes | 9903 | €16,292 | €23,517 | +€7,225 | +44.3% |
| Income taxes | 67/77 | €5,594 | €7,620 | +€2,026 | +36.2% |
| Profit (loss) for the period | 9904 | €10,699 | €15,897 | +€5,198 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,699 | €15,897 | +€5,198 | +48.6% |
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 26 October 2026 via checked.be.