OpDeForten: 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.
OpDeForten
Largest movements
- Cash +€24,979
up €24,979 (+71.9%), from €34,720 to €59,699
mainly Depreciation (+€27,996) and Net result for the year (+€19,464)
- Tangible fixed assets -€3,767
down €3,767 (-2.4%), from €158,750 to €154,982
of which Plant, machinery and equipment: -€9,690
- Debts after one year -€15,841
down €15,841 (-15.5%), from €102,321 to €86,480
- Other debts +€11,911
up €11,911 (+87.8%), from €13,574 to €25,485
- Trade debts +€10,636
up €10,636 (+1,233%), from €862 to €11,498
- Reserves +€9,464
up €9,464 (+68.9%), from €13,743 to €23,207
- Tax, wage and social debts +€3,114
up €3,114 (+164%), from €1,895 to €5,009
- Gross operating margin +€5,958
up €5,958 (+12.7%), from €46,975 to €52,933
- Depreciation +€2,784
up €2,784 (+11.0%), from €25,213 to €27,996
- Taxes +€1,219
up €1,219 (+64.3%), from €1,895 to €3,114
- Financial charges -€752
down €752 (-26.5%), from €2,837 to €2,085
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 | €198,040 | €218,831 | +€20,791 | +10.5% |
| Formation expenses | 20 | €399 | €173 | -€226 | -56.7% |
| Fixed assets | 21/28 | €159,201 | €155,282 | -€3,918 | -2.5% |
| Intangible fixed assets | 21 | €151 | - | -€151 | |
| Tangible fixed assets | 22/27 | €158,750 | €154,982 | -€3,767 | -2.4% |
| Plant, machinery and equipment | 23 | €158,750 | €149,060 | -€9,690 | -6.1% |
| Furniture and vehicles | 24 | - | €5,923 | +€5,923 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €38,440 | €63,376 | +€24,935 | +64.9% |
| Amounts receivable within one year | 40/41 | €3,389 | €3,339 | -€50 | -1.5% |
| Trade receivables | 40 | €3,084 | €1,293 | -€1,791 | -58.1% |
| Other amounts receivable | 41 | €305 | €2,046 | +€1,741 | +570% |
| Cash at bank and in hand | 54/58 | €34,720 | €59,699 | +€24,979 | +71.9% |
| Deferred charges and accrued income | 490/1 | €331 | €337 | +€7 | +2.0% |
| Total equity and liabilities | 10/49 | €198,040 | €218,831 | +€20,791 | +10.5% |
| Equity | 10/15 | €63,743 | €73,207 | +€9,464 | +14.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €13,743 | €23,207 | +€9,464 | +68.9% |
| Distributable reserves | 133 | €13,743 | €23,207 | +€9,464 | +68.9% |
| Amounts payable | 17/49 | €134,297 | €145,624 | +€11,327 | +8.4% |
| Amounts payable after more than one year | 17 | €102,321 | €86,480 | -€15,841 | -15.5% |
| Financial debts | 170/4 | €102,321 | €86,480 | -€15,841 | -15.5% |
| Amounts payable within one year | 42/48 | €31,977 | €59,144 | +€27,168 | +85.0% |
| Current portion of amounts payable after more than one year | 42 | €15,645 | €17,152 | +€1,507 | +9.6% |
| Trade debts | 44 | €862 | €11,498 | +€10,636 | +1,233% |
| Suppliers | 440/4 | €862 | €11,498 | +€10,636 | +1,233% |
| Taxes, remuneration and social security | 45 | €1,895 | €5,009 | +€3,114 | +164% |
| Taxes | 450/3 | €1,895 | €5,009 | +€3,114 | +164% |
| Other amounts payable | 47/48 | €13,574 | €25,485 | +€11,911 | +87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,213 | €27,996 | +€2,784 | +11.0% |
| Other operating charges | 640/8 | €752 | €274 | -€477 | -63.5% |
| Gross operating margin | 9900 | €46,975 | €52,933 | +€5,958 | +12.7% |
| Operating profit (loss) | 9901 | €21,010 | €24,662 | +€3,652 | +17.4% |
| Financial income | 75/76B | €37 | €0 | -€36 | -98.9% |
| Recurring financial income | 75 | €37 | €0 | -€36 | -98.9% |
| Financial charges | 65/66B | €2,837 | €2,085 | -€752 | -26.5% |
| Recurring financial charges | 65 | €2,837 | €2,085 | -€752 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €18,210 | €22,578 | +€4,368 | +24.0% |
| Income taxes | 67/77 | €1,895 | €3,114 | +€1,219 | +64.3% |
| Profit (loss) for the period | 9904 | €16,315 | €19,464 | +€3,149 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,315 | €19,464 | +€3,149 | +19.3% |
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 25 October 2026 via checked.be.