OPEN VELD: 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 VELD
Largest movements
- Cash +€29,995
up €29,995 (+27.2%), from €110,196 to €140,191
mainly Net result for the year (+€51,844) and Depreciation (+€486)
- Receivables within one year +€1,945
up €1,945 (+11.1%), from €17,549 to €19,495
of which Other amounts receivable: +€1,455
- Reserves +€51,844
up €51,844 (+76.2%), from €68,000 to €119,844
- Other debts -€15,671
down €15,671 (-51.3%), from €30,539 to €14,868
- Tax, wage and social debts -€3,155
down €3,155 (-39.8%), from €7,917 to €4,763
of which Taxes: -€3,599
- Gross operating margin +€1,583
up €1,583 (+2.3%), from €69,623 to €71,206
- Taxes +€1,378
up €1,378 (+7.8%), from €17,604 to €18,982
- Financial income +€934
up €934, from €0 to €934
- Other operating charges -€792
down €792 (-56.9%), from €1,391 to €599
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 | €128,001 | €160,791 | +€32,789 | +25.6% |
| Fixed assets | 21/28 | €146 | €685 | +€538 | +368% |
| Tangible fixed assets | 22/27 | €146 | €685 | +€538 | +368% |
| Plant, machinery and equipment | 23 | €0 | €685 | +€685 | |
| Furniture and vehicles | 24 | €146 | - | -€146 | |
| Current assets | 29/58 | €127,855 | €160,106 | +€32,251 | +25.2% |
| Amounts receivable within one year | 40/41 | €17,549 | €19,495 | +€1,945 | +11.1% |
| Trade receivables | 40 | €12,803 | €13,294 | +€491 | +3.8% |
| Other amounts receivable | 41 | €4,746 | €6,201 | +€1,455 | +30.6% |
| Cash at bank and in hand | 54/58 | €110,196 | €140,191 | +€29,995 | +27.2% |
| Deferred charges and accrued income | 490/1 | €110 | €421 | +€311 | +282% |
| Total equity and liabilities | 10/49 | €128,001 | €160,791 | +€32,789 | +25.6% |
| Equity | 10/15 | €87,479 | €139,323 | +€51,844 | +59.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,000 | €119,844 | +€51,844 | +76.2% |
| Distributable reserves | 133 | €68,000 | €119,844 | +€51,844 | +76.2% |
| Profit (loss) carried forward | 14 | €879 | €879 | = | 0.0% |
| Amounts payable | 17/49 | €40,522 | €21,468 | -€19,054 | -47.0% |
| Amounts payable within one year | 42/48 | €40,522 | €21,468 | -€19,054 | -47.0% |
| Trade debts | 44 | €2,067 | €1,837 | -€229 | -11.1% |
| Suppliers | 440/4 | €2,067 | €1,837 | -€229 | -11.1% |
| Taxes, remuneration and social security | 45 | €7,917 | €4,763 | -€3,155 | -39.8% |
| Taxes | 450/3 | €6,612 | €3,013 | -€3,599 | -54.4% |
| Remuneration and social security | 454/9 | €1,305 | €1,750 | +€444 | +34.0% |
| Other amounts payable | 47/48 | €30,539 | €14,868 | -€15,671 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615 | €486 | -€129 | -21.0% |
| Other operating charges | 640/8 | €1,391 | €599 | -€792 | -56.9% |
| Non-recurring operating charges | 66A | €1,259 | - | -€1,259 | |
| Gross operating margin | 9900 | €69,623 | €71,206 | +€1,583 | +2.3% |
| Operating profit (loss) | 9901 | €66,358 | €70,121 | +€3,763 | +5.7% |
| Financial income | 75/76B | €0 | €934 | +€934 | |
| Recurring financial income | 75 | €0 | €934 | +€934 | |
| Financial charges | 65/66B | €147 | €230 | +€83 | +56.6% |
| Recurring financial charges | 65 | €147 | €230 | +€83 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €66,211 | €70,826 | +€4,614 | +7.0% |
| Income taxes | 67/77 | €17,604 | €18,982 | +€1,378 | +7.8% |
| Profit (loss) for the period | 9904 | €48,608 | €51,844 | +€3,236 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,608 | €51,844 | +€3,236 | +6.7% |
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.