OPAL-SYSTEMS: 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-SYSTEMS
Largest movements
- Current investments -€225,000
down €225,000 (-27.3%), from €825,000 to €600,000
- Receivables within one year +€14,231
up €14,231 (+8.6%), from €165,489 to €179,720
of which Trade receivables: +€19,642
- Profit (loss) carried forward -€84,152
down €84,152 (-18.0%), from €468,644 to €384,492
- Other debts -€57,000
down €57,000 (-74.0%), from €77,000 to €20,000
- Advances received -€40,096
down €40,096 (-25.6%), from €156,506 to €116,409
- Trade debts -€20,572
down €20,572 (-53.3%), from €38,578 to €18,006
- Gross operating margin -€220,348
down €220,348 (-69.3%), from €318,022 to €97,673
- Staff costs -€49,688
down €49,688 (-22.0%), from €225,674 to €175,985
- Taxes -€10,492
down €10,492 (-96.0%), from €10,932 to €440
- Financial income -€7,202
down €7,202 (-31.4%), from €22,948 to €15,746
- Other operating charges -€5,501
down €5,501 (-67.9%), from €8,097 to €2,596
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 | €1,149,756 | €944,685 | -€205,071 | -17.8% |
| Fixed assets | 21/28 | €60,294 | €58,085 | -€2,209 | -3.7% |
| Tangible fixed assets | 22/27 | €34,384 | €32,175 | -€2,209 | -6.4% |
| Plant, machinery and equipment | 23 | €103 | €19 | -€84 | -81.7% |
| Furniture and vehicles | 24 | €34,282 | €17,381 | -€16,900 | -49.3% |
| Assets under construction and advance payments | 27 | - | €14,775 | +€14,775 | |
| Financial fixed assets | 28 | €25,910 | €25,910 | = | 0.0% |
| Current assets | 29/58 | €1,089,462 | €886,601 | -€202,861 | -18.6% |
| Stocks and contracts in progress | 3 | €29,646 | €26,029 | -€3,617 | -12.2% |
| Stocks | 30/36 | €29,646 | €26,029 | -€3,617 | -12.2% |
| Amounts receivable within one year | 40/41 | €165,489 | €179,720 | +€14,231 | +8.6% |
| Trade receivables | 40 | €113,614 | €133,256 | +€19,642 | +17.3% |
| Other amounts receivable | 41 | €51,875 | €46,464 | -€5,412 | -10.4% |
| Current investments | 50/53 | €825,000 | €600,000 | -€225,000 | -27.3% |
| Cash at bank and in hand | 54/58 | €53,462 | €61,024 | +€7,562 | +14.1% |
| Deferred charges and accrued income | 490/1 | €15,865 | €19,827 | +€3,962 | +25.0% |
| Total equity and liabilities | 10/49 | €1,149,756 | €944,685 | -€205,071 | -17.8% |
| Equity | 10/15 | €855,844 | €771,692 | -€84,152 | -9.8% |
| Contributions | 10/11 | €352,000 | €352,000 | = | 0.0% |
| Capital | 10 | €352,000 | €352,000 | = | 0.0% |
| Issued capital | 100 | €352,000 | €352,000 | = | 0.0% |
| Reserves | 13 | €35,200 | €35,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,200 | €35,200 | = | 0.0% |
| Legal reserve | 130 | €35,200 | €35,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €468,644 | €384,492 | -€84,152 | -18.0% |
| Amounts payable | 17/49 | €293,912 | €172,994 | -€120,918 | -41.1% |
| Amounts payable within one year | 42/48 | €280,574 | €157,764 | -€122,810 | -43.8% |
| Trade debts | 44 | €38,578 | €18,006 | -€20,572 | -53.3% |
| Suppliers | 440/4 | €38,578 | €18,006 | -€20,572 | -53.3% |
| Advances received on contracts in progress | 46 | €156,506 | €116,409 | -€40,096 | -25.6% |
| Taxes, remuneration and social security | 45 | €8,490 | €3,348 | -€5,142 | -60.6% |
| Taxes | 450/3 | €8,490 | €3,348 | -€5,142 | -60.6% |
| Other amounts payable | 47/48 | €77,000 | €20,000 | -€57,000 | -74.0% |
| Accrued charges and deferred income | 492/3 | €13,339 | €15,230 | +€1,892 | +14.2% |
| Remuneration, social security and pensions | 62 | €225,674 | €175,985 | -€49,688 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,387 | €16,984 | +€597 | +3.6% |
| Other operating charges | 640/8 | €8,097 | €2,596 | -€5,501 | -67.9% |
| Gross operating margin | 9900 | €318,022 | €97,673 | -€220,348 | -69.3% |
| Operating profit (loss) | 9901 | €67,864 | -€97,892 | -€165,756 | |
| Financial income | 75/76B | €22,948 | €15,746 | -€7,202 | -31.4% |
| Recurring financial income | 75 | €22,948 | €15,746 | -€7,202 | -31.4% |
| Financial charges | 65/66B | €1,483 | €1,566 | +€83 | +5.6% |
| Recurring financial charges | 65 | €1,483 | €1,566 | +€83 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €89,328 | -€83,712 | -€173,041 | |
| Income taxes | 67/77 | €10,932 | €440 | -€10,492 | -96.0% |
| Profit (loss) for the period | 9904 | €78,396 | -€84,152 | -€162,548 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,396 | -€84,152 | -€162,548 |
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 30 October 2026 via checked.be.