OP MAAT PROJECTEN: what changed
OP MAAT PROJECTEN
Largest movements
- Cash +€13,276
up €13,276 (+53.4%), from €24,853 to €38,129
mainly Other debts (+€30,240) and Net result for the year (+€24,625)
- Tangible fixed assets -€11,319
down €11,319 (-36.9%), from €30,704 to €19,385
- Receivables within one year -€4,835
down €4,835 (-29.6%), from €16,310 to €11,475
of which Other amounts receivable: -€3,035
- Stocks and contracts -€2,415
no longer reported in 2025 (was €2,415)
- Reserves -€30,293
down €30,293 (-91.6%), from €33,054 to €2,761
- Other debts +€30,240
new in 2025: €30,240
- Debts after one year -€10,985
down €10,985 (-55.8%), from €19,677 to €8,693
- Tax, wage and social debts +€9,727
up €9,727 (+597%), from €1,630 to €11,357
of which Taxes: +€9,727
- Trade debts -€4,249
down €4,249 (-86.4%), from €4,916 to €668
- Gross operating margin +€12,042
up €12,042 (+33.3%), from €36,213 to €48,255
- Taxes +€4,526
up €4,526 (+81.0%), from €5,589 to €10,115
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,092 | €69,831 | -€5,262 | -7.0% |
| Fixed assets | 21/28 | €30,704 | €19,385 | -€11,319 | -36.9% |
| Tangible fixed assets | 22/27 | €30,704 | €19,385 | -€11,319 | -36.9% |
| Furniture and vehicles | 24 | €30,704 | €19,385 | -€11,319 | -36.9% |
| Current assets | 29/58 | €44,388 | €50,446 | +€6,057 | +13.6% |
| Stocks and contracts in progress | 3 | €2,415 | - | -€2,415 | |
| Stocks | 30/36 | €2,415 | - | -€2,415 | |
| Amounts receivable within one year | 40/41 | €16,310 | €11,475 | -€4,835 | -29.6% |
| Trade receivables | 40 | €13,040 | €11,240 | -€1,800 | -13.8% |
| Other amounts receivable | 41 | €3,270 | €235 | -€3,035 | -92.8% |
| Cash at bank and in hand | 54/58 | €24,853 | €38,129 | +€13,276 | +53.4% |
| Deferred charges and accrued income | 490/1 | €810 | €841 | +€31 | +3.8% |
| Total equity and liabilities | 10/49 | €75,092 | €69,831 | -€5,262 | -7.0% |
| Equity | 10/15 | €38,054 | €7,761 | -€30,293 | -79.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,054 | €2,761 | -€30,293 | -91.6% |
| Distributable reserves | 133 | €33,054 | €2,761 | -€30,293 | -91.6% |
| Amounts payable | 17/49 | €37,038 | €62,069 | +€25,031 | +67.6% |
| Amounts payable after more than one year | 17 | €19,677 | €8,693 | -€10,985 | -55.8% |
| Financial debts | 170/4 | €19,677 | €8,693 | -€10,985 | -55.8% |
| Amounts payable within one year | 42/48 | €17,235 | €53,249 | +€36,014 | +209% |
| Current portion of amounts payable after more than one year | 42 | €10,689 | €10,985 | +€296 | +2.8% |
| Trade debts | 44 | €4,916 | €668 | -€4,249 | -86.4% |
| Suppliers | 440/4 | €4,916 | €668 | -€4,249 | -86.4% |
| Taxes, remuneration and social security | 45 | €1,630 | €11,357 | +€9,727 | +597% |
| Taxes | 450/3 | - | €9,727 | +€9,727 | |
| Remuneration and social security | 454/9 | €1,630 | €1,630 | = | 0.0% |
| Other amounts payable | 47/48 | - | €30,240 | +€30,240 | |
| Accrued charges and deferred income | 492/3 | €126 | €128 | +€2 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,319 | €11,319 | = | 0.0% |
| Other operating charges | 640/8 | €1,375 | €1,299 | -€76 | -5.5% |
| Gross operating margin | 9900 | €36,213 | €48,255 | +€12,042 | +33.3% |
| Operating profit (loss) | 9901 | €23,518 | €35,637 | +€12,118 | +51.5% |
| Financial charges | 65/66B | €1,189 | €897 | -€292 | -24.5% |
| Recurring financial charges | 65 | €1,189 | €897 | -€292 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €22,329 | €34,739 | +€12,410 | +55.6% |
| Income taxes | 67/77 | €5,589 | €10,115 | +€4,526 | +81.0% |
| Profit (loss) for the period | 9904 | €16,741 | €24,625 | +€7,884 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,741 | €24,625 | +€7,884 | +47.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.