OPEN2MARKET: 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.
OPEN2MARKET
Largest movements
- Cash +€60,025
up €60,025 (+92.8%), from €64,686 to €124,711
mainly Net result for the year (+€62,615) and Receivables within one year (+€6,290)
- Receivables within one year -€6,290
down €6,290 (-15.1%), from €41,624 to €35,334
of which Trade receivables: -€18,933
- Reserves +€47,852
up €47,852 (+37.0%), from €129,290 to €177,143
- Tax, wage and social debts +€5,519
up €5,519 (+17.1%), from €32,287 to €37,806
- Gross operating margin +€29,799
up €29,799 (+46.7%), from €63,750 to €93,550
- Taxes +€9,267
up €9,267 (+52.2%), from €17,761 to €27,028
- Depreciation -€1,988
down €1,988 (-77.9%), from €2,551 to €563
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 | €163,227 | €217,830 | +€54,602 | +33.5% |
| Fixed assets | 21/28 | €1,712 | €1,149 | -€563 | -32.9% |
| Tangible fixed assets | 22/27 | €1,712 | €1,149 | -€563 | -32.9% |
| Land and buildings | 22 | €87 | €0 | -€87 | -100.0% |
| Furniture and vehicles | 24 | €1,625 | €1,149 | -€476 | -29.3% |
| Current assets | 29/58 | €161,515 | €216,681 | +€55,165 | +34.2% |
| Amounts receivable after more than one year | 29 | €54,805 | €56,636 | +€1,831 | +3.3% |
| Other amounts receivable | 291 | €54,805 | €56,636 | +€1,831 | +3.3% |
| Amounts receivable within one year | 40/41 | €41,624 | €35,334 | -€6,290 | -15.1% |
| Trade receivables | 40 | €31,974 | €13,041 | -€18,933 | -59.2% |
| Other amounts receivable | 41 | €9,650 | €22,293 | +€12,643 | +131.0% |
| Cash at bank and in hand | 54/58 | €64,686 | €124,711 | +€60,025 | +92.8% |
| Deferred charges and accrued income | 490/1 | €400 | €0 | -€400 | -100.0% |
| Total equity and liabilities | 10/49 | €163,227 | €217,830 | +€54,602 | +33.5% |
| Equity | 10/15 | €129,290 | €177,143 | +€47,852 | +37.0% |
| Reserves | 13 | €129,290 | €177,143 | +€47,852 | +37.0% |
| Distributable reserves | 133 | €129,290 | €177,143 | +€47,852 | +37.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,937 | €40,687 | +€6,750 | +19.9% |
| Amounts payable within one year | 42/48 | €33,937 | €40,687 | +€6,750 | +19.9% |
| Trade debts | 44 | €1,650 | €2,881 | +€1,231 | +74.6% |
| Suppliers | 440/4 | €1,650 | €2,881 | +€1,231 | +74.6% |
| Taxes, remuneration and social security | 45 | €32,287 | €37,806 | +€5,519 | +17.1% |
| Taxes | 450/3 | €32,287 | €37,806 | +€5,519 | +17.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,551 | €563 | -€1,988 | -77.9% |
| Other operating charges | 640/8 | €1,714 | €1,757 | +€42 | +2.5% |
| Gross operating margin | 9900 | €63,750 | €93,550 | +€29,799 | +46.7% |
| Operating profit (loss) | 9901 | €59,485 | €91,230 | +€31,745 | +53.4% |
| Financial income | 75/76B | €1,898 | €2,696 | +€798 | +42.0% |
| Recurring financial income | 75 | €1,898 | €2,696 | +€798 | +42.0% |
| Financial charges | 65/66B | €4,781 | €4,283 | -€498 | -10.4% |
| Recurring financial charges | 65 | €4,781 | €4,283 | -€498 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €56,602 | €89,643 | +€33,041 | +58.4% |
| Income taxes | 67/77 | €17,761 | €27,028 | +€9,267 | +52.2% |
| Profit (loss) for the period | 9904 | €38,841 | €62,615 | +€23,774 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,841 | €62,615 | +€23,774 | +61.2% |
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 9 October 2026 via checked.be.