OPEN DATABASE ASSOCIATES: 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 DATABASE ASSOCIATES
Largest movements
- Current investments +€96,307
new in 2025: €96,307
- Cash -€94,349
down €94,349 (-37.3%), from €252,919 to €158,569
mainly Current investments (-€96,307) and Contributions, distributions and other (-€45,535)
- Tax, wage and social debts +€13,954
up €13,954 (+148%), from €9,439 to €23,393
of which Taxes: +€8,751
- Other debts -€10,000
down €10,000 (-100%), from €10,000 to €0
- Financial charges +€7,036
up €7,036 (+2,201%), from €320 to €7,356
- Gross operating margin +€3,749
up €3,749 (+5.6%), from €66,521 to €70,270
- Taxes +€3,635
up €3,635 (+23.7%), from €15,348 to €18,983
- Financial income +€2,712
up €2,712 (+440%), from €616 to €3,328
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 | €307,411 | €310,768 | +€3,357 | +1.1% |
| Fixed assets | 21/28 | €4,619 | €4,744 | +€125 | +2.7% |
| Tangible fixed assets | 22/27 | €3,674 | €3,799 | +€125 | +3.4% |
| Plant, machinery and equipment | 23 | - | €1,407 | +€1,407 | |
| Furniture and vehicles | 24 | €3,674 | €2,392 | -€1,281 | -34.9% |
| Financial fixed assets | 28 | €945 | €945 | = | 0.0% |
| Current assets | 29/58 | €302,792 | €306,024 | +€3,232 | +1.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €47,486 | €47,535 | +€49 | +0.1% |
| Trade receivables | 40 | €10,930 | €34,737 | +€23,807 | +218% |
| Other amounts receivable | 41 | €36,556 | €12,799 | -€23,757 | -65.0% |
| Current investments | 50/53 | - | €96,307 | +€96,307 | |
| Cash at bank and in hand | 54/58 | €252,919 | €158,569 | -€94,349 | -37.3% |
| Deferred charges and accrued income | 490/1 | €2,387 | €3,612 | +€1,225 | +51.3% |
| Total equity and liabilities | 10/49 | €307,411 | €310,768 | +€3,357 | +1.1% |
| Equity | 10/15 | €287,519 | €286,412 | -€1,107 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €281,319 | €280,212 | -€1,107 | -0.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €281,319 | €280,212 | -€1,107 | -0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,892 | €24,356 | +€4,464 | +22.4% |
| Amounts payable within one year | 42/48 | €19,892 | €23,856 | +€3,964 | +19.9% |
| Trade debts | 44 | €454 | €463 | +€9 | +2.0% |
| Suppliers | 440/4 | €454 | €463 | +€9 | +2.0% |
| Taxes, remuneration and social security | 45 | €9,439 | €23,393 | +€13,954 | +148% |
| Taxes | 450/3 | €9,439 | €18,189 | +€8,751 | +92.7% |
| Remuneration and social security | 454/9 | - | €5,204 | +€5,204 | |
| Other amounts payable | 47/48 | €10,000 | €0 | -€10,000 | -100% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,575 | €2,171 | -€405 | -15.7% |
| Other operating charges | 640/8 | €545 | €660 | +€116 | +21.2% |
| Gross operating margin | 9900 | €66,521 | €70,270 | +€3,749 | +5.6% |
| Operating profit (loss) | 9901 | €63,401 | €67,440 | +€4,038 | +6.4% |
| Financial income | 75/76B | €616 | €3,328 | +€2,712 | +440% |
| Recurring financial income | 75 | €616 | €3,328 | +€2,712 | +440% |
| Financial charges | 65/66B | €320 | €7,356 | +€7,036 | +2,201% |
| Recurring financial charges | 65 | €320 | €7,356 | +€7,036 | +2,201% |
| Profit (loss) for the period before taxes | 9903 | €63,698 | €63,411 | -€286 | -0.4% |
| Income taxes | 67/77 | €15,348 | €18,983 | +€3,635 | +23.7% |
| Profit (loss) for the period | 9904 | €48,350 | €44,429 | -€3,921 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,350 | €44,429 | -€3,921 | -8.1% |
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 13 October 2026 via checked.be.