OPB MANAGEMENT: 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.
OPB MANAGEMENT
Largest movements
- Tangible fixed assets -€4,529
down €4,529 (-21.3%), from €21,253 to €16,723
of which Other tangible fixed assets: -€4,300
- Cash +€3,428
up €3,428 (+62.1%), from €5,516 to €8,943
mainly Depreciation (+€4,529) and Other debts (+€1,088)
- Receivables within one year -€683
down €683 (-9.7%), from €7,009 to €6,326
of which Trade receivables: -€772
- Profit (loss) carried forward -€2,941
down €2,941 (-45.4%), from -€6,482 to -€9,423
- Other debts +€1,088
up €1,088 (+165.3%), from €658 to €1,746
- Tax, wage and social debts +€623
new in 2025: €623
- Trade debts -€555
down €555 (-71.9%), from €772 to €217
- Gross operating margin +€5,109
up €5,109, from -€3,406 to €1,702
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 | €37,728 | €35,943 | -€1,785 | -4.7% |
| Fixed assets | 21/28 | €22,003 | €17,473 | -€4,529 | -20.6% |
| Tangible fixed assets | 22/27 | €21,253 | €16,723 | -€4,529 | -21.3% |
| Land and buildings | 22 | €9,004 | €9,004 | = | 0.0% |
| Furniture and vehicles | 24 | €268 | €38 | -€229 | -85.7% |
| Other tangible fixed assets | 26 | €11,981 | €7,681 | -€4,300 | -35.9% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €15,725 | €18,470 | +€2,744 | +17.5% |
| Amounts receivable after more than one year | 29 | €3,200 | €3,200 | = | 0.0% |
| Other amounts receivable | 291 | €3,200 | €3,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,009 | €6,326 | -€683 | -9.7% |
| Trade receivables | 40 | €4,598 | €3,826 | -€772 | -16.8% |
| Other amounts receivable | 41 | €2,411 | €2,500 | +€89 | +3.7% |
| Cash at bank and in hand | 54/58 | €5,516 | €8,943 | +€3,428 | +62.1% |
| Total equity and liabilities | 10/49 | €37,728 | €35,943 | -€1,785 | -4.7% |
| Equity | 10/15 | €36,298 | €33,357 | -€2,941 | -8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,580 | €36,580 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €34,720 | €34,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,482 | -€9,423 | -€2,941 | -45.4% |
| Amounts payable | 17/49 | €1,430 | €2,586 | +€1,156 | +80.9% |
| Amounts payable within one year | 42/48 | €1,430 | €2,586 | +€1,156 | +80.9% |
| Trade debts | 44 | €772 | €217 | -€555 | -71.9% |
| Suppliers | 440/4 | €772 | €217 | -€555 | -71.9% |
| Taxes, remuneration and social security | 45 | - | €623 | +€623 | |
| Taxes | 450/3 | - | €623 | +€623 | |
| Other amounts payable | 47/48 | €658 | €1,746 | +€1,088 | +165.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,529 | €4,529 | = | 0.0% |
| Gross operating margin | 9900 | -€3,406 | €1,702 | +€5,109 | |
| Operating profit (loss) | 9901 | -€7,935 | -€2,827 | +€5,109 | +64.4% |
| Financial charges | 65/66B | €123 | €114 | -€8 | -6.8% |
| Recurring financial charges | 65 | €123 | €114 | -€8 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,058 | -€2,941 | +€5,117 | +63.5% |
| Profit (loss) for the period | 9904 | -€8,058 | -€2,941 | +€5,117 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,058 | -€2,941 | +€5,117 | +63.5% |
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 9 October 2026 via checked.be.