Opal Orthopaedics: 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.
Opal Orthopaedics
Largest movements
- Deferred charges and accrued income +€28,933
up €28,933 (+407%), from €7,103 to €36,036
- Tangible fixed assets -€10,000
down €10,000 (-34.1%), from €29,288 to €19,288
- Cash +€8,460
up €8,460 (+1,136%), from €744 to €9,204
mainly Other debts (+€21,525) and Depreciation (+€10,000)
- Other debts +€21,525
up €21,525 (+68.8%), from €31,270 to €52,794
- Trade debts +€7,016
up €7,016 (+79.7%), from €8,805 to €15,820
- Profit (loss) carried forward -€1,794
down €1,794 (-22.6%), from -€7,943 to -€9,737
- Tax, wage and social debts +€711
up €711 (+16,009%), from €4 to €715
- Gross operating margin +€17,334
up €17,334, from -€6,832 to €10,501
- Depreciation +€9,288
up €9,288 (+1,304%), from €712 to €10,000
- Other operating charges +€1,132
up €1,132 (+292%), from €387 to €1,519
- Taxes +€711
up €711 (+16,009%), from €4 to €715
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 | €37,136 | €64,593 | +€27,458 | +73.9% |
| Fixed assets | 21/28 | €29,288 | €19,353 | -€9,935 | -33.9% |
| Tangible fixed assets | 22/27 | €29,288 | €19,288 | -€10,000 | -34.1% |
| Furniture and vehicles | 24 | €29,288 | €19,288 | -€10,000 | -34.1% |
| Financial fixed assets | 28 | - | €65 | +€65 | |
| Current assets | 29/58 | €7,848 | €45,241 | +€37,393 | +476% |
| Cash at bank and in hand | 54/58 | €744 | €9,204 | +€8,460 | +1,136% |
| Deferred charges and accrued income | 490/1 | €7,103 | €36,036 | +€28,933 | +407% |
| Total equity and liabilities | 10/49 | €37,136 | €64,593 | +€27,458 | +73.9% |
| Equity | 10/15 | -€2,943 | -€4,737 | -€1,794 | -60.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,943 | -€9,737 | -€1,794 | -22.6% |
| Amounts payable | 17/49 | €40,079 | €69,330 | +€29,251 | +73.0% |
| Amounts payable within one year | 42/48 | €40,079 | €69,330 | +€29,251 | +73.0% |
| Trade debts | 44 | €8,805 | €15,820 | +€7,016 | +79.7% |
| Suppliers | 440/4 | €8,805 | €15,820 | +€7,016 | +79.7% |
| Taxes, remuneration and social security | 45 | €4 | €715 | +€711 | +16,009% |
| Taxes | 450/3 | €4 | €715 | +€711 | +16,009% |
| Other amounts payable | 47/48 | €31,270 | €52,794 | +€21,525 | +68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €712 | €10,000 | +€9,288 | +1,304% |
| Other operating charges | 640/8 | €387 | €1,519 | +€1,132 | +292% |
| Gross operating margin | 9900 | -€6,832 | €10,501 | +€17,334 | |
| Operating profit (loss) | 9901 | -€7,932 | -€1,018 | +€6,914 | +87.2% |
| Financial charges | 65/66B | €7 | €60 | +€54 | +788% |
| Recurring financial charges | 65 | €7 | €60 | +€54 | +788% |
| Profit (loss) for the period before taxes | 9903 | -€7,939 | -€1,078 | +€6,861 | +86.4% |
| Income taxes | 67/77 | €4 | €715 | +€711 | +16,009% |
| Profit (loss) for the period | 9904 | -€7,943 | -€1,794 | +€6,150 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,943 | -€1,794 | +€6,150 | +77.4% |
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.