O.P.TECHNICS: 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.
O.P.TECHNICS
Largest movements
- Cash +€60,344
up €60,344 (+54.9%), from €109,939 to €170,283
mainly Net result for the year (+€75,203) and Depreciation (+€14,609)
- Stocks and contracts -€11,466
down €11,466 (-18.2%), from €63,118 to €51,652
- Receivables within one year +€11,050
up €11,050 (+124%), from €8,928 to €19,978
of which Trade receivables: +€8,354
- Reserves +€75,000
up €75,000 (+64.7%), from €115,860 to €190,860
of which Distributable reserves: +€190,860
- Debts after one year -€23,090
down €23,090 (-23.6%), from €97,713 to €74,624
- Tax, wage and social debts +€11,668
up €11,668 (+131%), from €8,926 to €20,595
- Current portion of long-term debt -€7,390
down €7,390 (-18.0%), from €41,047 to €33,657
- Gross operating margin +€30,377
up €30,377 (+29.9%), from €101,523 to €131,900
- Taxes +€8,605
up €8,605 (+40.3%), from €21,361 to €29,966
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 | €416,631 | €471,951 | +€55,320 | +13.3% |
| Fixed assets | 21/28 | €232,386 | €227,777 | -€4,609 | -2.0% |
| Tangible fixed assets | 22/27 | €232,386 | €227,777 | -€4,609 | -2.0% |
| Land and buildings | 22 | €230,961 | €217,811 | -€13,149 | -5.7% |
| Plant, machinery and equipment | 23 | - | €9,167 | +€9,167 | |
| Furniture and vehicles | 24 | €1,425 | €799 | -€626 | -43.9% |
| Current assets | 29/58 | €184,246 | €244,174 | +€59,929 | +32.5% |
| Stocks and contracts in progress | 3 | €63,118 | €51,652 | -€11,466 | -18.2% |
| Stocks | 30/36 | €63,118 | €51,652 | -€11,466 | -18.2% |
| Amounts receivable within one year | 40/41 | €8,928 | €19,978 | +€11,050 | +124% |
| Trade receivables | 40 | €3,136 | €11,490 | +€8,354 | +266% |
| Other amounts receivable | 41 | €5,792 | €8,488 | +€2,696 | +46.6% |
| Cash at bank and in hand | 54/58 | €109,939 | €170,283 | +€60,344 | +54.9% |
| Deferred charges and accrued income | 490/1 | €2,261 | €2,261 | = | 0.0% |
| Total equity and liabilities | 10/49 | €416,631 | €471,951 | +€55,320 | +13.3% |
| Equity | 10/15 | €262,632 | €337,835 | +€75,203 | +28.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,860 | €190,860 | +€75,000 | +64.7% |
| Non-distributable reserves | 130/1 | €115,860 | - | -€115,860 | |
| Reserves not available under the articles | 1311 | €115,860 | - | -€115,860 | |
| Distributable reserves | 133 | - | €190,860 | +€190,860 | |
| Profit (loss) carried forward | 14 | €128,172 | €128,375 | +€203 | +0.2% |
| Amounts payable | 17/49 | €153,999 | €134,117 | -€19,883 | -12.9% |
| Amounts payable after more than one year | 17 | €97,713 | €74,624 | -€23,090 | -23.6% |
| Financial debts | 170/4 | €97,713 | €74,624 | -€23,090 | -23.6% |
| Amounts payable within one year | 42/48 | €56,286 | €59,493 | +€3,207 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €41,047 | €33,657 | -€7,390 | -18.0% |
| Trade debts | 44 | €2,409 | €3,672 | +€1,263 | +52.4% |
| Suppliers | 440/4 | €2,409 | €3,672 | +€1,263 | +52.4% |
| Advances received on contracts in progress | 46 | €2,334 | - | -€2,334 | |
| Taxes, remuneration and social security | 45 | €8,926 | €20,595 | +€11,668 | +131% |
| Taxes | 450/3 | €8,926 | €20,595 | +€11,668 | +131% |
| Other amounts payable | 47/48 | €1,570 | €1,570 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,279 | €14,609 | +€330 | +2.3% |
| Other operating charges | 640/8 | €8,704 | €9,338 | +€634 | +7.3% |
| Gross operating margin | 9900 | €101,523 | €131,900 | +€30,377 | +29.9% |
| Operating profit (loss) | 9901 | €78,540 | €107,953 | +€29,413 | +37.5% |
| Financial income | 75/76B | €590 | €753 | +€163 | +27.6% |
| Recurring financial income | 75 | €590 | €753 | +€163 | +27.6% |
| Financial charges | 65/66B | €3,866 | €3,537 | -€330 | -8.5% |
| Recurring financial charges | 65 | €3,866 | €3,537 | -€330 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €75,263 | €105,169 | +€29,906 | +39.7% |
| Income taxes | 67/77 | €21,361 | €29,966 | +€8,605 | +40.3% |
| Profit (loss) for the period | 9904 | €53,902 | €75,203 | +€21,301 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,902 | €75,203 | +€21,301 | +39.5% |
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 13 October 2026 via checked.be.