OpenFiberNet: what changed
Two fiscal 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.
OpenFiberNet
Largest movements
- Receivables within one year +€6,740
up €6,740 (+53.4%), from €12,617 to €19,356
of which Trade receivables: +€5,625
- Tangible fixed assets +€2,703
up €2,703 (+9.6%), from €28,217 to €30,919
of which Furniture and vehicles: +€4,381
- Cash +€1,845
up €1,845 (+5.2%), from €35,253 to €37,097
mainly Other debts (+€13,528) and Net result for the year (+€12,362)
- Reserves -€13,894
down €13,894 (-36.4%), from €38,175 to €24,281
- Other debts +€13,528
up €13,528 (+99.1%), from €13,651 to €27,179
- Tax, wage and social debts +€5,620
up €5,620 (+178.0%), from €3,158 to €8,778
- Debts after one year +€4,545
new in 2025: €4,545
- Current portion of long-term debt +€3,026
new in 2025: €3,026
- Gross operating margin -€2,132
down €2,132 (-6.3%), from €33,923 to €31,791
- Depreciation -€953
down €953 (-9.7%), from €9,805 to €8,852
- Financial charges +€592
up €592 (+16.9%), from €3,513 to €4,105
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 | €82,063 | €93,580 | +€11,517 | +14.0% |
| Fixed assets | 21/28 | €28,217 | €30,919 | +€2,703 | +9.6% |
| Tangible fixed assets | 22/27 | €28,217 | €30,919 | +€2,703 | +9.6% |
| Plant, machinery and equipment | 23 | €968 | €543 | -€425 | -43.9% |
| Furniture and vehicles | 24 | €15,180 | €19,561 | +€4,381 | +28.9% |
| Other tangible fixed assets | 26 | €12,069 | €10,816 | -€1,253 | -10.4% |
| Current assets | 29/58 | €53,846 | €62,661 | +€8,815 | +16.4% |
| Amounts receivable within one year | 40/41 | €12,617 | €19,356 | +€6,740 | +53.4% |
| Trade receivables | 40 | €12,584 | €18,209 | +€5,625 | +44.7% |
| Other amounts receivable | 41 | €33 | €1,147 | +€1,115 | +3417.1% |
| Cash at bank and in hand | 54/58 | €35,253 | €37,097 | +€1,845 | +5.2% |
| Deferred charges and accrued income | 490/1 | €5,977 | €6,207 | +€230 | +3.8% |
| Total equity and liabilities | 10/49 | €82,063 | €93,580 | +€11,517 | +14.0% |
| Equity | 10/15 | €56,775 | €42,881 | -€13,894 | -24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,175 | €24,281 | -€13,894 | -36.4% |
| Distributable reserves | 133 | €38,175 | €24,281 | -€13,894 | -36.4% |
| Amounts payable | 17/49 | €25,288 | €50,699 | +€25,411 | +100.5% |
| Amounts payable after more than one year | 17 | - | €4,545 | +€4,545 | |
| Financial debts | 170/4 | - | €4,545 | +€4,545 | |
| Amounts payable within one year | 42/48 | €25,288 | €46,155 | +€20,866 | +82.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,026 | +€3,026 | |
| Financial debts | 43 | €3,014 | €3,879 | +€864 | +28.7% |
| Credit institutions | 430/8 | €66 | €58 | -€8 | -12.2% |
| Other loans | 439 | €2,948 | €3,821 | +€872 | +29.6% |
| Trade debts | 44 | €5,465 | €3,293 | -€2,172 | -39.7% |
| Suppliers | 440/4 | €5,465 | €3,293 | -€2,172 | -39.7% |
| Taxes, remuneration and social security | 45 | €3,158 | €8,778 | +€5,620 | +178.0% |
| Taxes | 450/3 | €3,158 | €8,778 | +€5,620 | +178.0% |
| Other amounts payable | 47/48 | €13,651 | €27,179 | +€13,528 | +99.1% |
| Non-recurring operating income | 76A | €725 | €9,445 | +€8,720 | +1203.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,805 | €8,852 | -€953 | -9.7% |
| Other operating charges | 640/8 | €860 | €842 | -€18 | -2.1% |
| Non-recurring operating charges | 66A | - | €210 | +€210 | |
| Gross operating margin | 9900 | €33,923 | €31,791 | -€2,132 | -6.3% |
| Operating profit (loss) | 9901 | €23,258 | €21,888 | -€1,370 | -5.9% |
| Financial income | 75/76B | €6 | €3 | -€4 | -59.0% |
| Recurring financial income | 75 | €6 | €3 | -€4 | -59.0% |
| Financial charges | 65/66B | €3,513 | €4,105 | +€592 | +16.9% |
| Recurring financial charges | 65 | €3,513 | €4,105 | +€592 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €19,751 | €17,785 | -€1,966 | -10.0% |
| Income taxes | 67/77 | €5,289 | €5,423 | +€135 | +2.5% |
| Profit (loss) for the period | 9904 | €14,463 | €12,362 | -€2,101 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,463 | €12,362 | -€2,101 | -14.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.