OPEN C: 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.
OPEN C
Largest movements
- Cash -€14,771
down €14,771 (-86.4%), from €17,088 to €2,317
mainly Receivables within one year (-€14,194) and Other debts (-€7,617)
- Receivables within one year +€14,194
up €14,194 (+47.2%), from €30,081 to €44,276
of which Trade receivables: +€10,273
- Tangible fixed assets -€3,666
down €3,666 (-4.4%), from €83,989 to €80,322
of which Land and buildings: -€2,387
- Reserves +€11,801
up €11,801 (+15.0%), from €78,672 to €90,473
of which Distributable reserves: +€11,801
- Other debts -€7,617
down €7,617 (-100.0%), from €7,617 to €0
- Debts after one year -€6,572
down €6,572 (-100.0%), from €6,572 to €0
- Current portion of long-term debt -€6,398
down €6,398 (-49.3%), from €12,970 to €6,572
- Tax, wage and social debts +€5,584
up €5,584 (+45.1%), from €12,392 to €17,976
of which Remuneration and social security: +€3,750
- Gross operating margin -€3,837
down €3,837 (-13.8%), from €27,847 to €24,010
- Financial charges -€1,311
down €1,311 (-44.8%), from €2,925 to €1,614
- Depreciation -€1,301
down €1,301 (-26.2%), from €4,968 to €3,666
- Taxes -€410
down €410 (-6.4%), from €6,415 to €6,006
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 | €131,280 | €127,041 | -€4,239 | -3.2% |
| Fixed assets | 21/28 | €83,989 | €80,322 | -€3,666 | -4.4% |
| Tangible fixed assets | 22/27 | €83,989 | €80,322 | -€3,666 | -4.4% |
| Land and buildings | 22 | €81,677 | €79,290 | -€2,387 | -2.9% |
| Furniture and vehicles | 24 | €2,312 | €1,032 | -€1,279 | -55.3% |
| Current assets | 29/58 | €47,291 | €46,719 | -€573 | -1.2% |
| Amounts receivable within one year | 40/41 | €30,081 | €44,276 | +€14,194 | +47.2% |
| Trade receivables | 40 | €29,092 | €39,365 | +€10,273 | +35.3% |
| Other amounts receivable | 41 | €989 | €4,911 | +€3,921 | +396.3% |
| Cash at bank and in hand | 54/58 | €17,088 | €2,317 | -€14,771 | -86.4% |
| Deferred charges and accrued income | 490/1 | €122 | €126 | +€4 | +3.5% |
| Total equity and liabilities | 10/49 | €131,280 | €127,041 | -€4,239 | -3.2% |
| Equity | 10/15 | €88,709 | €100,511 | +€11,801 | +13.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,672 | €90,473 | +€11,801 | +15.0% |
| 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 | €76,812 | €88,613 | +€11,801 | +15.4% |
| Profit (loss) carried forward | 14 | €3,837 | €3,837 | = | 0.0% |
| Amounts payable | 17/49 | €42,571 | €26,530 | -€16,040 | -37.7% |
| Amounts payable after more than one year | 17 | €6,572 | €0 | -€6,572 | -100.0% |
| Financial debts | 170/4 | €6,572 | €0 | -€6,572 | -100.0% |
| Amounts payable within one year | 42/48 | €35,998 | €26,530 | -€9,468 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €12,970 | €6,572 | -€6,398 | -49.3% |
| Financial debts | 43 | €864 | €572 | -€292 | -33.8% |
| Credit institutions | 430/8 | €864 | €572 | -€292 | -33.8% |
| Trade debts | 44 | €2,155 | €1,410 | -€745 | -34.6% |
| Suppliers | 440/4 | €2,155 | €1,410 | -€745 | -34.6% |
| Taxes, remuneration and social security | 45 | €12,392 | €17,976 | +€5,584 | +45.1% |
| Taxes | 450/3 | €12,392 | €14,226 | +€1,834 | +14.8% |
| Remuneration and social security | 454/9 | - | €3,750 | +€3,750 | |
| Other amounts payable | 47/48 | €7,617 | €0 | -€7,617 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,968 | €3,666 | -€1,301 | -26.2% |
| Other operating charges | 640/8 | €960 | €923 | -€37 | -3.8% |
| Non-recurring operating charges | 66A | €342 | €0 | -€342 | -100.0% |
| Gross operating margin | 9900 | €27,847 | €24,010 | -€3,837 | -13.8% |
| Operating profit (loss) | 9901 | €21,577 | €19,420 | -€2,157 | -10.0% |
| Financial income | 75/76B | €0 | €1 | +€1 | +3433.3% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +3433.3% |
| Financial charges | 65/66B | €2,925 | €1,614 | -€1,311 | -44.8% |
| Recurring financial charges | 65 | €2,925 | €1,614 | -€1,311 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €18,652 | €17,807 | -€845 | -4.5% |
| Income taxes | 67/77 | €6,415 | €6,006 | -€410 | -6.4% |
| Profit (loss) for the period | 9904 | €12,237 | €11,801 | -€435 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,237 | €11,801 | -€435 | -3.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.