OPALINE: 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.
OPALINE
Largest movements
- Cash +€268,473
up €268,473 (+98.8%), from €271,804 to €540,276
mainly Net result for the year (+€299,238) and Depreciation (+€133,968)
- Tangible fixed assets -€158,790
down €158,790 (-24.6%), from €644,706 to €485,917
of which Other tangible fixed assets: -€80,566
- Profit (loss) carried forward +€299,238
up €299,238 (+35.7%), from €838,691 to €1.1m
- Debts within one year -€93,038
down €93,038 (-16.8%), from €552,419 to €459,381
of which Trade debts: -€131,577
- Debts after one year -€74,189
down €74,189 (-70.7%), from €104,971 to €30,782
- Staff costs -€104,982
down €104,982 (-6.9%), from €1.5m to €1.4m
- Gross operating margin -€71,265
down €71,265 (-3.6%), from €2.0m to €1.9m
- Depreciation -€39,128
down €39,128 (-22.6%), from €173,096 to €133,968
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 | €1,496,081 | €1,630,367 | +€134,286 | +9.0% |
| Fixed assets | 21/28 | €657,471 | €510,419 | -€147,052 | -22.4% |
| Intangible fixed assets | 21 | €12,585 | €24,322 | +€11,738 | +93.3% |
| Tangible fixed assets | 22/27 | €644,706 | €485,917 | -€158,790 | -24.6% |
| Land and buildings | 22 | €177,849 | €142,265 | -€35,584 | -20.0% |
| Plant, machinery and equipment | 23 | €63,412 | €39,814 | -€23,599 | -37.2% |
| Furniture and vehicles | 24 | €72,471 | €53,430 | -€19,041 | -26.3% |
| Other tangible fixed assets | 26 | €330,974 | €250,408 | -€80,566 | -24.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €838,610 | €1,119,948 | +€281,338 | +33.5% |
| Amounts receivable within one year | 40/41 | €545,959 | €559,772 | +€13,813 | +2.5% |
| Trade receivables | 40 | €545,959 | €559,772 | +€13,813 | +2.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €271,804 | €540,276 | +€268,473 | +98.8% |
| Deferred charges and accrued income | 490/1 | €20,847 | €19,900 | -€948 | -4.5% |
| Total equity and liabilities | 10/49 | €1,496,081 | €1,630,367 | +€134,286 | +9.0% |
| Equity | 10/15 | €838,691 | €1,137,929 | +€299,238 | +35.7% |
| Profit (loss) carried forward | 14 | €838,691 | €1,137,929 | +€299,238 | +35.7% |
| Amounts payable | 17/49 | €657,390 | €492,438 | -€164,953 | -25.1% |
| Amounts payable after more than one year | 17 | €104,971 | €30,782 | -€74,189 | -70.7% |
| Financial debts | 170/4 | €104,971 | €30,782 | -€74,189 | -70.7% |
| Amounts payable within one year | 42/48 | €552,419 | €459,381 | -€93,038 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €85,455 | €74,189 | -€11,265 | -13.2% |
| Trade debts | 44 | €248,090 | €116,513 | -€131,577 | -53.0% |
| Suppliers | 440/4 | €248,090 | €116,513 | -€131,577 | -53.0% |
| Taxes, remuneration and social security | 45 | €217,087 | €243,189 | +€26,102 | +12.0% |
| Taxes | 450/3 | €8,262 | €11,230 | +€2,968 | +35.9% |
| Remuneration and social security | 454/9 | €208,825 | €231,959 | +€23,134 | +11.1% |
| Accrued charges and deferred income | 492/3 | €0 | €2,275 | +€2,275 | |
| Remuneration, social security and pensions | 62 | €1,517,003 | €1,412,021 | -€104,982 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,096 | €133,968 | -€39,128 | -22.6% |
| Other operating charges | 640/8 | €11,773 | €9,561 | -€2,212 | -18.8% |
| Non-recurring operating charges | 66A | €0 | €38,110 | +€38,110 | |
| Gross operating margin | 9900 | €1,973,829 | €1,902,564 | -€71,265 | -3.6% |
| Operating profit (loss) | 9901 | €271,957 | €308,905 | +€36,947 | +13.6% |
| Financial income | 75/76B | €35 | €70 | +€34 | +96.9% |
| Recurring financial income | 75 | €35 | €70 | +€34 | +96.9% |
| Financial charges | 65/66B | €12,180 | €9,465 | -€2,715 | -22.3% |
| Recurring financial charges | 65 | €12,180 | €9,465 | -€2,715 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €259,813 | €299,510 | +€39,697 | +15.3% |
| Income taxes | 67/77 | €287 | €271 | -€16 | -5.5% |
| Profit (loss) for the period | 9904 | €259,526 | €299,238 | +€39,713 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €259,526 | €299,238 | +€39,713 | +15.3% |
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 5 October 2026 via checked.be.