OPELIMAX: 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.
OPELIMAX
Largest movements
- Receivables within one year -€39,327
down €39,327 (-26.5%), from €148,613 to €109,286
of which Other amounts receivable: -€32,369
- Cash -€32,517
down €32,517 (-28.6%), from €113,732 to €81,214
mainly Net result for the year (-€91,329) and Current portion of long-term debt (-€61,584)
- Tangible fixed assets -€16,910
down €16,910 (-26.8%), from €63,201 to €46,290
of which Plant, machinery and equipment: -€13,564
- Intangible fixed assets -€8,444
down €8,444 (-26.7%), from €31,666 to €23,222
- Stocks and contracts -€4,863
down €4,863 (-21.1%), from €23,002 to €18,140
- Profit (loss) carried forward -€91,329
down €91,329 (-54.3%), from -€168,123 to -€259,452
- Current portion of long-term debt -€61,584
down €61,584 (-100%), from €61,584 to €0
- Trade debts +€45,228
up €45,228 (+14.4%), from €314,663 to €359,891
- Other debts +€6,602
up €6,602 (+107%), from €6,174 to €12,776
- Gross operating margin +€410,775
up €410,775 (+41.8%), from €982,660 to €1.4m
- Staff costs +€379,825
up €379,825 (+36.8%), from €1.0m to €1.4m
- Depreciation -€80,844
down €80,844 (-72.7%), from €111,164 to €30,321
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 | €398,041 | €295,367 | -€102,674 | -25.8% |
| Fixed assets | 21/28 | €96,206 | €70,851 | -€25,355 | -26.4% |
| Intangible fixed assets | 21 | €31,666 | €23,222 | -€8,444 | -26.7% |
| Tangible fixed assets | 22/27 | €63,201 | €46,290 | -€16,910 | -26.8% |
| Plant, machinery and equipment | 23 | €39,912 | €26,348 | -€13,564 | -34.0% |
| Furniture and vehicles | 24 | €23,289 | €19,942 | -€3,347 | -14.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,339 | €1,339 | = | 0.0% |
| Current assets | 29/58 | €301,836 | €224,517 | -€77,319 | -25.6% |
| Stocks and contracts in progress | 3 | €23,002 | €18,140 | -€4,863 | -21.1% |
| Stocks | 30/36 | €23,002 | €18,140 | -€4,863 | -21.1% |
| Amounts receivable within one year | 40/41 | €148,613 | €109,286 | -€39,327 | -26.5% |
| Trade receivables | 40 | €13,590 | €6,632 | -€6,958 | -51.2% |
| Other amounts receivable | 41 | €135,023 | €102,655 | -€32,369 | -24.0% |
| Cash at bank and in hand | 54/58 | €113,732 | €81,214 | -€32,517 | -28.6% |
| Deferred charges and accrued income | 490/1 | €16,488 | €15,876 | -€612 | -3.7% |
| Total equity and liabilities | 10/49 | €398,041 | €295,367 | -€102,674 | -25.8% |
| Equity | 10/15 | -€160,066 | -€251,395 | -€91,329 | -57.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,123 | -€259,452 | -€91,329 | -54.3% |
| Amounts payable | 17/49 | €558,107 | €546,763 | -€11,345 | -2.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €558,107 | €546,763 | -€11,345 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €61,584 | €0 | -€61,584 | -100% |
| Trade debts | 44 | €314,663 | €359,891 | +€45,228 | +14.4% |
| Suppliers | 440/4 | €314,663 | €359,891 | +€45,228 | +14.4% |
| Taxes, remuneration and social security | 45 | €175,686 | €174,096 | -€1,590 | -0.9% |
| Taxes | 450/3 | €3,103 | €3,684 | +€581 | +18.7% |
| Remuneration and social security | 454/9 | €172,583 | €170,412 | -€2,171 | -1.3% |
| Other amounts payable | 47/48 | €6,174 | €12,776 | +€6,602 | +107% |
| Remuneration, social security and pensions | 62 | €1,032,313 | €1,412,137 | +€379,825 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,164 | €30,321 | -€80,844 | -72.7% |
| Other operating charges | 640/8 | €39,674 | €29,225 | -€10,448 | -26.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €982,660 | €1,393,435 | +€410,775 | +41.8% |
| Operating profit (loss) | 9901 | -€200,490 | -€78,249 | +€122,242 | +61.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,259 | €12,904 | +€5,645 | +77.8% |
| Recurring financial charges | 65 | €7,259 | €12,904 | +€5,645 | +77.8% |
| Profit (loss) for the period before taxes | 9903 | -€207,749 | -€91,153 | +€116,596 | +56.1% |
| Income taxes | 67/77 | €98 | €176 | +€78 | +80.3% |
| Profit (loss) for the period | 9904 | -€207,847 | -€91,329 | +€116,518 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€207,847 | -€91,329 | +€116,518 | +56.1% |
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.