OPAYRA: 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.
OPAYRA
Largest movements
- Cash +€40,323
up €40,323 (+12.3%), from €327,764 to €368,087
mainly Net result for the year (+€58,235) and Other debts (+€11,416)
- Tangible fixed assets -€10,234
down €10,234 (-5.2%), from €195,272 to €185,038
- Reserves +€37,737
up €37,737 (+7.8%), from €484,840 to €522,577
- Tax, wage and social debts -€16,445
down €16,445 (-77.2%), from €21,310 to €4,865
- Other debts +€11,416
up €11,416 (+121%), from €9,432 to €20,848
- Gross operating margin -€18,247
down €18,247 (-17.5%), from €104,350 to €86,103
- Taxes -€9,528
down €9,528 (-33.8%), from €28,205 to €18,677
- Other operating charges +€2,093
up €2,093 (+181%), from €1,156 to €3,249
- Financial income +€1,893
up €1,893 (+69.3%), from €2,732 to €4,625
of which Financial income: +€1,755
- Depreciation -€1,076
down €1,076 (-9.5%), from €11,310 to €10,234
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 | €634,041 | €666,549 | +€32,508 | +5.1% |
| Fixed assets | 21/28 | €195,272 | €185,038 | -€10,234 | -5.2% |
| Tangible fixed assets | 22/27 | €195,272 | €185,038 | -€10,234 | -5.2% |
| Land and buildings | 22 | €195,272 | €185,038 | -€10,234 | -5.2% |
| Current assets | 29/58 | €438,769 | €481,511 | +€42,742 | +9.7% |
| Amounts receivable within one year | 40/41 | €33,536 | €35,979 | +€2,443 | +7.3% |
| Trade receivables | 40 | €29,055 | €28,320 | -€735 | -2.5% |
| Other amounts receivable | 41 | €4,481 | €7,659 | +€3,178 | +70.9% |
| Current investments | 50/53 | €77,406 | €77,406 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €327,764 | €368,087 | +€40,323 | +12.3% |
| Deferred charges and accrued income | 490/1 | €63 | €39 | -€24 | -38.1% |
| Total equity and liabilities | 10/49 | €634,041 | €666,549 | +€32,508 | +5.1% |
| Equity | 10/15 | €602,440 | €640,177 | +€37,737 | +6.3% |
| Contributions | 10/11 | €117,600 | €117,600 | = | 0.0% |
| Reserves | 13 | €484,840 | €522,577 | +€37,737 | +7.8% |
| Distributable reserves | 133 | €484,840 | €522,577 | +€37,737 | +7.8% |
| Amounts payable | 17/49 | €31,601 | €26,372 | -€5,229 | -16.5% |
| Amounts payable within one year | 42/48 | €31,582 | €26,360 | -€5,222 | -16.5% |
| Trade debts | 44 | €840 | €647 | -€193 | -23.0% |
| Suppliers | 440/4 | €840 | €647 | -€193 | -23.0% |
| Taxes, remuneration and social security | 45 | €21,310 | €4,865 | -€16,445 | -77.2% |
| Taxes | 450/3 | €21,310 | €4,865 | -€16,445 | -77.2% |
| Other amounts payable | 47/48 | €9,432 | €20,848 | +€11,416 | +121% |
| Accrued charges and deferred income | 492/3 | €19 | €12 | -€7 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,310 | €10,234 | -€1,076 | -9.5% |
| Other operating charges | 640/8 | €1,156 | €3,249 | +€2,093 | +181% |
| Gross operating margin | 9900 | €104,350 | €86,103 | -€18,247 | -17.5% |
| Operating profit (loss) | 9901 | €91,884 | €72,620 | -€19,264 | -21.0% |
| Financial income | 75/76B | €2,732 | €4,625 | +€1,893 | +69.3% |
| Recurring financial income | 75 | €199 | €1,954 | +€1,755 | +882% |
| Non-recurring financial income | 76B | €2,533 | €2,671 | +€138 | +5.4% |
| Financial charges | 65/66B | €292 | €333 | +€41 | +14.0% |
| Recurring financial charges | 65 | €292 | €333 | +€41 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €94,324 | €76,912 | -€17,412 | -18.5% |
| Income taxes | 67/77 | €28,205 | €18,677 | -€9,528 | -33.8% |
| Profit (loss) for the period | 9904 | €66,119 | €58,235 | -€7,884 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,119 | €58,235 | -€7,884 | -11.9% |
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 23 October 2026 via checked.be.