OP.TA.: what changed
Two fiscal 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.TA.
Largest movements
- Receivables within one year +€6,882
up €6,882 (+47.0%), from €14,638 to €21,521
of which Trade receivables: +€4,791
- Tangible fixed assets -€1,384
down €1,384 (-51.3%), from €2,696 to €1,312
of which Furniture and vehicles: -€750
- Cash +€1,116
up €1,116 (+15.6%), from €7,169 to €8,285
mainly Trade debts (+€3,599) and Tax, wage and social debts (+€1,852)
- Trade debts +€3,599
up €3,599 (+79.1%), from €4,548 to €8,147
- Tax, wage and social debts +€1,852
up €1,852 (+86.1%), from €2,152 to €4,004
- Reserves +€1,164
up €1,164 (+10.0%), from €11,603 to €12,767
of which Distributable reserves: +€1,164
- Gross operating margin -€1,332
down €1,332 (-30.8%), from €4,318 to €2,987
- Other operating charges -€385
down €385 (-76.3%), from €505 to €120
- Taxes -€241
down €241 (-26.8%), from €900 to €659
- Financial income -€62
down €62 (-13.7%), from €453 to €391
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 | €24,503 | €31,118 | +€6,615 | +27.0% |
| Fixed assets | 21/28 | €2,696 | €1,312 | -€1,384 | -51.3% |
| Tangible fixed assets | 22/27 | €2,696 | €1,312 | -€1,384 | -51.3% |
| Plant, machinery and equipment | 23 | €142 | - | -€142 | |
| Furniture and vehicles | 24 | €1,373 | €624 | -€750 | -54.6% |
| Other tangible fixed assets | 26 | €1,181 | €689 | -€492 | -41.7% |
| Current assets | 29/58 | €21,807 | €29,805 | +€7,999 | +36.7% |
| Amounts receivable within one year | 40/41 | €14,638 | €21,521 | +€6,882 | +47.0% |
| Trade receivables | 40 | €8,471 | €13,262 | +€4,791 | +56.6% |
| Other amounts receivable | 41 | €6,167 | €8,259 | +€2,092 | +33.9% |
| Cash at bank and in hand | 54/58 | €7,169 | €8,285 | +€1,116 | +15.6% |
| Total equity and liabilities | 10/49 | €24,503 | €31,118 | +€6,615 | +27.0% |
| Equity | 10/15 | €17,803 | €18,967 | +€1,164 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,603 | €12,767 | +€1,164 | +10.0% |
| Tax-exempt reserves | 132 | €330 | €330 | = | 0.0% |
| Distributable reserves | 133 | €11,273 | €12,437 | +€1,164 | +10.3% |
| Amounts payable | 17/49 | €6,700 | €12,151 | +€5,451 | +81.4% |
| Amounts payable within one year | 42/48 | €6,700 | €12,151 | +€5,451 | +81.4% |
| Trade debts | 44 | €4,548 | €8,147 | +€3,599 | +79.1% |
| Suppliers | 440/4 | €4,548 | €8,147 | +€3,599 | +79.1% |
| Taxes, remuneration and social security | 45 | €2,152 | €4,004 | +€1,852 | +86.1% |
| Taxes | 450/3 | €2,152 | €4,004 | +€1,852 | +86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,382 | €1,384 | +€1 | +0.1% |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | €4,318 | €2,987 | -€1,332 | -30.8% |
| Operating profit (loss) | 9901 | €2,431 | €1,483 | -€948 | -39.0% |
| Financial income | 75/76B | €453 | €391 | -€62 | -13.7% |
| Recurring financial income | 75 | €453 | €391 | -€62 | -13.7% |
| Financial charges | 65/66B | €77 | €51 | -€26 | -34.2% |
| Recurring financial charges | 65 | €77 | €51 | -€26 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €2,807 | €1,823 | -€984 | -35.0% |
| Income taxes | 67/77 | €900 | €659 | -€241 | -26.8% |
| Profit (loss) for the period | 9904 | €1,907 | €1,164 | -€743 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,907 | €1,164 | -€743 | -39.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.