OP 'T MAOS: 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 'T MAOS
Largest movements
- Cash -€76,491
down €76,491 (-85.1%), from €89,910 to €13,419
mainly Other debts (-€67,031) and Investment in fixed assets (net) (-€31,474)
- Tangible fixed assets +€18,010
up €18,010 (+21.2%), from €85,018 to €103,028
of which Leasing and similar rights: +€27,897
- Current investments +€5,483
new in 2024: €5,483
- Receivables within one year +€3,779
up €3,779 (+238%), from €1,591 to €5,370
of which Other amounts receivable: +€4,112
- Deferred charges and accrued income +€2,211
new in 2024: €2,211
- Other debts -€67,031
down €67,031 (-49.1%), from €136,440 to €69,409
- Debts after one year +€19,720
new in 2024: €19,720
- Current portion of long-term debt +€4,553
new in 2024: €4,553
- Tax, wage and social debts -€3,299
down €3,299 (-61.7%), from €5,349 to €2,051
of which Taxes: -€4,049
- Gross operating margin -€83,480
down €83,480 (-86.4%), from €96,615 to €13,135
- Depreciation +€3,594
up €3,594 (+36.4%), from €9,870 to €13,464
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,519 | €129,512 | -€47,007 | -26.6% |
| Fixed assets | 21/28 | €85,018 | €103,028 | +€18,010 | +21.2% |
| Tangible fixed assets | 22/27 | €85,018 | €103,028 | +€18,010 | +21.2% |
| Plant, machinery and equipment | 23 | €84,218 | €74,632 | -€9,587 | -11.4% |
| Furniture and vehicles | 24 | €799 | €499 | -€300 | -37.6% |
| Leasing and similar rights | 25 | - | €27,897 | +€27,897 | |
| Current assets | 29/58 | €91,502 | €26,484 | -€65,018 | -71.1% |
| Amounts receivable within one year | 40/41 | €1,591 | €5,370 | +€3,779 | +238% |
| Trade receivables | 40 | €1,591 | €1,259 | -€332 | -20.9% |
| Other amounts receivable | 41 | - | €4,112 | +€4,112 | |
| Current investments | 50/53 | - | €5,483 | +€5,483 | |
| Cash at bank and in hand | 54/58 | €89,910 | €13,419 | -€76,491 | -85.1% |
| Deferred charges and accrued income | 490/1 | - | €2,211 | +€2,211 | |
| Total equity and liabilities | 10/49 | €176,519 | €129,512 | -€47,007 | -26.6% |
| Equity | 10/15 | €34,007 | €32,438 | -€1,568 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,407 | €15,407 | = | 0.0% |
| Distributable reserves | 133 | €15,407 | €15,407 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,568 | -€1,568 | |
| Amounts payable | 17/49 | €142,513 | €97,074 | -€45,439 | -31.9% |
| Amounts payable after more than one year | 17 | - | €19,720 | +€19,720 | |
| Financial debts | 170/4 | - | €19,720 | +€19,720 | |
| Amounts payable within one year | 42/48 | €142,513 | €77,354 | -€65,159 | -45.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,553 | +€4,553 | |
| Trade debts | 44 | €723 | €1,341 | +€618 | +85.5% |
| Suppliers | 440/4 | €723 | €1,341 | +€618 | +85.5% |
| Taxes, remuneration and social security | 45 | €5,349 | €2,051 | -€3,299 | -61.7% |
| Taxes | 450/3 | €5,349 | €1,301 | -€4,049 | -75.7% |
| Remuneration and social security | 454/9 | - | €750 | +€750 | |
| Other amounts payable | 47/48 | €136,440 | €69,409 | -€67,031 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,870 | €13,464 | +€3,594 | +36.4% |
| Other operating charges | 640/8 | €446 | €786 | +€339 | +76.0% |
| Non-recurring operating charges | 66A | €83,753 | - | -€83,753 | |
| Gross operating margin | 9900 | €96,615 | €13,135 | -€83,480 | -86.4% |
| Operating profit (loss) | 9901 | €2,546 | -€1,114 | -€3,660 | |
| Financial income | 75/76B | €197 | €380 | +€184 | +93.4% |
| Recurring financial income | 75 | €197 | €380 | +€184 | +93.4% |
| Financial charges | 65/66B | €44 | €834 | +€790 | +1,796% |
| Recurring financial charges | 65 | €44 | €834 | +€790 | +1,796% |
| Profit (loss) for the period before taxes | 9903 | €2,698 | -€1,568 | -€4,267 | |
| Income taxes | 67/77 | €813 | - | -€813 | |
| Profit (loss) for the period | 9904 | €1,885 | -€1,568 | -€3,454 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,885 | -€1,568 | -€3,454 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.