OPALYS: 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.
OPALYS
Largest movements
- Cash +€131,415
up €131,415 (+563.6%), from €23,319 to €154,734
mainly Trade debts (+€92,598) and Tax, wage and social debts (+€75,245)
- Receivables within one year +€95,978
up €95,978 (+55.9%), from €171,769 to €267,747
of which Trade receivables: +€96,199
- Trade debts +€92,598
up €92,598 (+113.2%), from €81,803 to €174,402
- Tax, wage and social debts +€75,245
up €75,245 (+166.0%), from €45,337 to €120,582
of which Taxes: +€39,065
- Other debts +€46,926
up €46,926 (+78.2%), from €60,000 to €106,926
- Profit (loss) carried forward +€9,539
up €9,539 (+44.2%), from -€21,588 to -€12,049
- Gross operating margin +€368,366
up €368,366 (+271.3%), from €135,755 to €504,121
- Staff costs +€319,525
up €319,525 (+220.5%), from €144,937 to €464,462
- Taxes +€9,854
up €9,854 (+2403.1%), from €410 to €10,265
- Financial charges +€7,529
up €7,529 (+91.6%), from €8,218 to €15,747
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 | €220,425 | €443,401 | +€222,976 | +101.2% |
| Fixed assets | 21/28 | €13,730 | €12,019 | -€1,711 | -12.5% |
| Intangible fixed assets | 21 | €3,980 | €3,052 | -€928 | -23.3% |
| Tangible fixed assets | 22/27 | €1,750 | €967 | -€783 | -44.7% |
| Furniture and vehicles | 24 | €1,750 | €967 | -€783 | -44.7% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €206,695 | €431,382 | +€224,687 | +108.7% |
| Amounts receivable within one year | 40/41 | €171,769 | €267,747 | +€95,978 | +55.9% |
| Trade receivables | 40 | €165,899 | €262,098 | +€96,199 | +58.0% |
| Other amounts receivable | 41 | €5,871 | €5,649 | -€222 | -3.8% |
| Cash at bank and in hand | 54/58 | €23,319 | €154,734 | +€131,415 | +563.6% |
| Deferred charges and accrued income | 490/1 | €11,606 | €8,901 | -€2,705 | -23.3% |
| Total equity and liabilities | 10/49 | €220,425 | €443,401 | +€222,976 | +101.2% |
| Equity | 10/15 | €28,412 | €37,951 | +€9,539 | +33.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,588 | -€12,049 | +€9,539 | +44.2% |
| Amounts payable | 17/49 | €192,013 | €405,450 | +€213,438 | +111.2% |
| Amounts payable within one year | 42/48 | €187,141 | €401,910 | +€214,769 | +114.8% |
| Trade debts | 44 | €81,803 | €174,402 | +€92,598 | +113.2% |
| Suppliers | 440/4 | €81,803 | €174,402 | +€92,598 | +113.2% |
| Taxes, remuneration and social security | 45 | €45,337 | €120,582 | +€75,245 | +166.0% |
| Taxes | 450/3 | €21,765 | €60,830 | +€39,065 | +179.5% |
| Remuneration and social security | 454/9 | €23,572 | €59,753 | +€36,180 | +153.5% |
| Other amounts payable | 47/48 | €60,000 | €106,926 | +€46,926 | +78.2% |
| Accrued charges and deferred income | 492/3 | €4,872 | €3,540 | -€1,332 | -27.3% |
| Remuneration, social security and pensions | 62 | €144,937 | €464,462 | +€319,525 | +220.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,473 | €1,711 | -€762 | -30.8% |
| Other operating charges | 640/8 | €1,425 | €2,526 | +€1,101 | +77.3% |
| Gross operating margin | 9900 | €135,755 | €504,121 | +€368,366 | +271.3% |
| Operating profit (loss) | 9901 | -€13,079 | €35,422 | +€48,502 | |
| Financial income | 75/76B | €120 | €128 | +€8 | +6.6% |
| Recurring financial income | 75 | €120 | €128 | +€8 | +6.6% |
| Financial charges | 65/66B | €8,218 | €15,747 | +€7,529 | +91.6% |
| Recurring financial charges | 65 | €8,218 | €15,747 | +€7,529 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,178 | €19,803 | +€40,981 | |
| Income taxes | 67/77 | €410 | €10,265 | +€9,854 | +2403.1% |
| Profit (loss) for the period | 9904 | -€21,588 | €9,539 | +€31,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,588 | €9,539 | +€31,126 |
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 28 September 2026 via checked.be.