LNOPPEN: 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.
LNOPPEN
Largest movements
- Cash +€63,757
up €63,757 (+282%), from €22,635 to €86,391
mainly Other debts (+€127,772) and Trade debts (+€110,500)
- Receivables within one year +€61,363
up €61,363 (+169%), from €36,343 to €97,707
of which Trade receivables: +€61,363
- Tangible fixed assets +€43,364
new in 2025: €43,364
of which Land and buildings: +€22,231
- Deferred charges and accrued income +€41,980
up €41,980 (+5,912%), from €710 to €42,690
- Stocks and contracts +€3,521
new in 2025: €3,521
- Other debts +€127,772
up €127,772 (+693%), from €18,438 to €146,210
- Trade debts +€110,500
up €110,500 (+45,224%), from €244 to €110,744
- Profit (loss) carried forward -€22,625
down €22,625 (-87.2%), from €25,953 to €3,328
- Staff costs +€86,546
new in 2025: €86,546
- Gross operating margin +€49,263
up €49,263 (+196%), from €25,076 to €74,339
- Depreciation +€7,187
new in 2025: €7,187
- Other operating charges +€2,406
up €2,406 (+2,039%), from €118 to €2,524
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 | €67,488 | €283,473 | +€215,985 | +320% |
| Fixed assets | 21/28 | €7,800 | €53,164 | +€45,364 | +582% |
| Tangible fixed assets | 22/27 | - | €43,364 | +€43,364 | |
| Land and buildings | 22 | - | €22,231 | +€22,231 | |
| Plant, machinery and equipment | 23 | - | €21,133 | +€21,133 | |
| Financial fixed assets | 28 | €7,800 | €9,800 | +€2,000 | +25.6% |
| Current assets | 29/58 | €59,688 | €230,309 | +€170,621 | +286% |
| Stocks and contracts in progress | 3 | - | €3,521 | +€3,521 | |
| Stocks | 30/36 | - | €3,521 | +€3,521 | |
| Amounts receivable within one year | 40/41 | €36,343 | €97,707 | +€61,363 | +169% |
| Trade receivables | 40 | €36,171 | €97,534 | +€61,363 | +170% |
| Other amounts receivable | 41 | €172 | €172 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,635 | €86,391 | +€63,757 | +282% |
| Deferred charges and accrued income | 490/1 | €710 | €42,690 | +€41,980 | +5,912% |
| Total equity and liabilities | 10/49 | €67,488 | €283,473 | +€215,985 | +320% |
| Equity | 10/15 | €47,953 | €25,328 | -€22,625 | -47.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,953 | €3,328 | -€22,625 | -87.2% |
| Amounts payable | 17/49 | €19,535 | €258,144 | +€238,610 | +1,221% |
| Amounts payable within one year | 42/48 | €19,535 | €258,144 | +€238,610 | +1,221% |
| Trade debts | 44 | €244 | €110,744 | +€110,500 | +45,224% |
| Suppliers | 440/4 | €244 | €110,744 | +€110,500 | +45,224% |
| Taxes, remuneration and social security | 45 | €853 | €1,190 | +€337 | +39.6% |
| Taxes | 450/3 | €853 | €1,190 | +€337 | +39.6% |
| Other amounts payable | 47/48 | €18,438 | €146,210 | +€127,772 | +693% |
| Remuneration, social security and pensions | 62 | - | €86,546 | +€86,546 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,187 | +€7,187 | |
| Other operating charges | 640/8 | €118 | €2,524 | +€2,406 | +2,039% |
| Gross operating margin | 9900 | €25,076 | €74,339 | +€49,263 | +196% |
| Operating profit (loss) | 9901 | €24,958 | -€21,918 | -€46,876 | |
| Financial charges | 65/66B | €840 | €707 | -€133 | -15.9% |
| Recurring financial charges | 65 | €840 | €707 | -€133 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €24,118 | -€22,625 | -€46,743 | |
| Profit (loss) for the period | 9904 | €24,118 | -€22,625 | -€46,743 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,118 | -€22,625 | -€46,743 |
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 27 October 2026 via checked.be.