OP DE BEECK: 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.
OP DE BEECK
Largest movements
- Tangible fixed assets +€27,314
up €27,314 (+110.9%), from €24,634 to €51,948
of which Furniture and vehicles: +€27,888
- Receivables within one year -€14,381
down €14,381 (-13.5%), from €106,694 to €92,313
of which Trade receivables: -€12,625
- Deferred charges and accrued income -€3,785
down €3,785 (-73.3%), from €5,164 to €1,380
- Cash +€3,152
up €3,152 (+3.1%), from €100,373 to €103,525
mainly Debts after one year (+€17,810) and Receivables within one year (+€14,381)
- Other debts -€25,292
down €25,292 (-39.6%), from €63,812 to €38,520
- Debts after one year +€17,810
new in 2025: €17,810
- Current portion of long-term debt +€8,001
up €8,001 (+106.8%), from €7,494 to €15,496
- Trade debts +€5,700
up €5,700 (+13.4%), from €42,693 to €48,393
- Reserves +€4,000
up €4,000 (+8.3%), from €48,000 to €52,000
- Depreciation -€13,067
down €13,067 (-48.0%), from €27,242 to €14,175
- Gross operating margin -€12,869
down €12,869 (-8.0%), from €160,510 to €147,641
- Staff costs +€8,678
up €8,678 (+9.2%), from €94,176 to €102,853
- Taxes -€4,012
down €4,012 (-35.8%), from €11,216 to €7,205
- Write-downs +€3,851
new in 2025: €3,851
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.
Cash bridge derived
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 | €249,451 | €262,380 | +€12,929 | +5.2% |
| Fixed assets | 21/28 | €28,004 | €55,313 | +€27,309 | +97.5% |
| Tangible fixed assets | 22/27 | €24,634 | €51,948 | +€27,314 | +110.9% |
| Plant, machinery and equipment | 23 | €4,715 | €6,009 | +€1,294 | +27.4% |
| Furniture and vehicles | 24 | €8,834 | €36,722 | +€27,888 | +315.7% |
| Other tangible fixed assets | 26 | €11,085 | €9,217 | -€1,868 | -16.9% |
| Financial fixed assets | 28 | €3,370 | €3,365 | -€5 | -0.1% |
| Current assets | 29/58 | €221,447 | €207,067 | -€14,380 | -6.5% |
| Stocks and contracts in progress | 3 | €9,216 | €9,849 | +€633 | +6.9% |
| Stocks | 30/36 | €9,216 | €9,849 | +€633 | +6.9% |
| Amounts receivable within one year | 40/41 | €106,694 | €92,313 | -€14,381 | -13.5% |
| Trade receivables | 40 | €101,489 | €88,864 | -€12,625 | -12.4% |
| Other amounts receivable | 41 | €5,205 | €3,449 | -€1,755 | -33.7% |
| Cash at bank and in hand | 54/58 | €100,373 | €103,525 | +€3,152 | +3.1% |
| Deferred charges and accrued income | 490/1 | €5,164 | €1,380 | -€3,785 | -73.3% |
| Total equity and liabilities | 10/49 | €249,451 | €262,380 | +€12,929 | +5.2% |
| Equity | 10/15 | €117,331 | €121,862 | +€4,530 | +3.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €48,000 | €52,000 | +€4,000 | +8.3% |
| Distributable reserves | 133 | €48,000 | €52,000 | +€4,000 | +8.3% |
| Profit (loss) carried forward | 14 | €48,871 | €49,402 | +€530 | +1.1% |
| Amounts payable | 17/49 | €132,120 | €140,518 | +€8,398 | +6.4% |
| Amounts payable after more than one year | 17 | - | €17,810 | +€17,810 | |
| Financial debts | 170/4 | - | €17,810 | +€17,810 | |
| Amounts payable within one year | 42/48 | €132,058 | €122,349 | -€9,709 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €7,494 | €15,496 | +€8,001 | +106.8% |
| Trade debts | 44 | €42,693 | €48,393 | +€5,700 | +13.4% |
| Suppliers | 440/4 | €42,693 | €48,393 | +€5,700 | +13.4% |
| Taxes, remuneration and social security | 45 | €18,058 | €19,939 | +€1,881 | +10.4% |
| Taxes | 450/3 | €3,846 | €4,065 | +€219 | +5.7% |
| Remuneration and social security | 454/9 | €14,212 | €15,874 | +€1,662 | +11.7% |
| Other amounts payable | 47/48 | €63,812 | €38,520 | -€25,292 | -39.6% |
| Accrued charges and deferred income | 492/3 | €62 | €359 | +€298 | +482.4% |
| Non-recurring operating income | 76A | €1,977 | €3,839 | +€1,863 | +94.2% |
| Remuneration, social security and pensions | 62 | €94,176 | €102,853 | +€8,678 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,242 | €14,175 | -€13,067 | -48.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,851 | +€3,851 | |
| Other operating charges | 640/8 | €6,211 | €3,745 | -€2,466 | -39.7% |
| Non-recurring operating charges | 66A | €1,677 | €352 | -€1,324 | -79.0% |
| Gross operating margin | 9900 | €160,510 | €147,641 | -€12,869 | -8.0% |
| Operating profit (loss) | 9901 | €31,205 | €22,665 | -€8,541 | -27.4% |
| Financial income | 75/76B | €241 | €1,016 | +€774 | +321.3% |
| Recurring financial income | 75 | €241 | €1,016 | +€774 | +321.3% |
| Financial charges | 65/66B | €2,048 | €3,945 | +€1,897 | +92.7% |
| Recurring financial charges | 65 | €2,048 | €3,945 | +€1,897 | +92.7% |
| Profit (loss) for the period before taxes | 9903 | €29,399 | €19,735 | -€9,664 | -32.9% |
| Income taxes | 67/77 | €11,216 | €7,205 | -€4,012 | -35.8% |
| Profit (loss) for the period | 9904 | €18,182 | €12,530 | -€5,652 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,182 | €12,530 | -€5,652 | -31.1% |
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 11 October 2026 via checked.be.