OPALINE: what changed
OPALINE
Largest movements
- Cash -€8,230
down €8,230 (-50.0%), from €16,456 to €8,226
mainly Other debts (-€12,295) and Trade debts (-€7,248)
- Receivables within one year -€6,875
down €6,875 (-78.3%), from €8,783 to €1,908
of which Trade receivables: -€5,344
- Tangible fixed assets -€4,149
down €4,149 (-22.8%), from €18,185 to €14,036
- Deferred charges and accrued income -€1,196
down €1,196 (-55.7%), from €2,147 to €952
- Current investments +€1,061
up €1,061 (+2.1%), from €51,239 to €52,300
- Other debts -€12,295
down €12,295 (-89.2%), from €13,785 to €1,490
- Profit (loss) carried forward +€10,230
up €10,230 (+19.6%), from €52,268 to €62,498
- Trade debts -€7,248
down €7,248 (-87.0%), from €8,329 to €1,082
- Tax, wage and social debts -€5,421
down €5,421 (-40.6%), from €13,363 to €7,942
of which Taxes: -€10,489
- Current portion of long-term debt -€4,000
no longer reported in 2025 (was €4,000)
- Staff costs -€4,275
down €4,275 (-9.2%), from €46,490 to €42,215
- Depreciation -€2,598
down €2,598 (-38.5%), from €6,746 to €4,149
- Taxes +€1,473
up €1,473 (+86.1%), from €1,711 to €3,184
- Gross operating margin +€1,408
up €1,408 (+2.4%), from €59,646 to €61,054
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 | €101,797 | €83,063 | -€18,733 | -18.4% |
| Fixed assets | 21/28 | €18,351 | €14,202 | -€4,149 | -22.6% |
| Tangible fixed assets | 22/27 | €18,185 | €14,036 | -€4,149 | -22.8% |
| Land and buildings | 22 | €7,587 | €7,390 | -€197 | -2.6% |
| Plant, machinery and equipment | 23 | €5,350 | €3,326 | -€2,024 | -37.8% |
| Furniture and vehicles | 24 | €5,248 | €3,320 | -€1,928 | -36.7% |
| Financial fixed assets | 28 | €166 | €166 | = | 0.0% |
| Current assets | 29/58 | €83,446 | €68,861 | -€14,585 | -17.5% |
| Stocks and contracts in progress | 3 | €4,820 | €5,475 | +€655 | +13.6% |
| Stocks | 30/36 | €4,820 | €5,475 | +€655 | +13.6% |
| Amounts receivable within one year | 40/41 | €8,783 | €1,908 | -€6,875 | -78.3% |
| Trade receivables | 40 | €6,075 | €730 | -€5,344 | -88.0% |
| Other amounts receivable | 41 | €2,708 | €1,178 | -€1,530 | -56.5% |
| Current investments | 50/53 | €51,239 | €52,300 | +€1,061 | +2.1% |
| Cash at bank and in hand | 54/58 | €16,456 | €8,226 | -€8,230 | -50.0% |
| Deferred charges and accrued income | 490/1 | €2,147 | €952 | -€1,196 | -55.7% |
| Total equity and liabilities | 10/49 | €101,797 | €83,063 | -€18,733 | -18.4% |
| Equity | 10/15 | €62,319 | €72,549 | +€10,230 | +16.4% |
| Contributions | 10/11 | €8,192 | €8,192 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,268 | €62,498 | +€10,230 | +19.6% |
| Amounts payable | 17/49 | €39,478 | €10,514 | -€28,963 | -73.4% |
| Amounts payable within one year | 42/48 | €39,478 | €10,514 | -€28,963 | -73.4% |
| Current portion of amounts payable after more than one year | 42 | €4,000 | - | -€4,000 | |
| Trade debts | 44 | €8,329 | €1,082 | -€7,248 | -87.0% |
| Suppliers | 440/4 | €8,329 | €1,082 | -€7,248 | -87.0% |
| Taxes, remuneration and social security | 45 | €13,363 | €7,942 | -€5,421 | -40.6% |
| Taxes | 450/3 | €13,363 | €2,874 | -€10,489 | -78.5% |
| Remuneration and social security | 454/9 | - | €5,068 | +€5,068 | |
| Other amounts payable | 47/48 | €13,785 | €1,490 | -€12,295 | -89.2% |
| Remuneration, social security and pensions | 62 | €46,490 | €42,215 | -€4,275 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,746 | €4,149 | -€2,598 | -38.5% |
| Other operating charges | 640/8 | €1,200 | €1,330 | +€130 | +10.8% |
| Gross operating margin | 9900 | €59,646 | €61,054 | +€1,408 | +2.4% |
| Operating profit (loss) | 9901 | €5,210 | €13,360 | +€8,150 | +156% |
| Financial income | 75/76B | €749 | €702 | -€47 | -6.2% |
| Recurring financial income | 75 | €749 | €702 | -€47 | -6.2% |
| Financial charges | 65/66B | €292 | €649 | +€357 | +122% |
| Recurring financial charges | 65 | €292 | €649 | +€357 | +122% |
| Profit (loss) for the period before taxes | 9903 | €5,667 | €13,414 | +€7,747 | +137% |
| Income taxes | 67/77 | €1,711 | €3,184 | +€1,473 | +86.1% |
| Profit (loss) for the period | 9904 | €3,956 | €10,230 | +€6,274 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €3,956 | €10,230 | +€6,274 | +159% |
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 1 November 2026 via checked.be.