OPERA UNO: 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.
OPERA UNO
Largest movements
- Receivables within one year +€7,973
up €7,973 (+43.2%), from €18,472 to €26,445
of which Other amounts receivable: +€6,162
- Cash +€2,358
up €2,358 (+76.7%), from €3,076 to €5,433
mainly Short-term financial debts (+€9,621) and Trade debts (+€8,264)
- Stocks and contracts -€1,090
down €1,090 (-25.6%), from €4,261 to €3,171
- Short-term financial debts +€9,621
up €9,621 (+83.0%), from €11,595 to €21,216
- Trade debts +€8,264
up €8,264 (+128.8%), from €6,417 to €14,681
- Current portion of long-term debt -€7,251
down €7,251 (-74.1%), from €9,788 to €2,537
- Debts after one year -€2,537
down €2,537 (-100.0%), from €2,537 to €0
- Staff costs +€6,855
up €6,855 (+9.3%), from €74,008 to €80,863
- Other operating charges +€4,773
up €4,773 (+130.0%), from €3,670 to €8,443
- Taxes +€4,141
up €4,141 (+117.5%), from €3,523 to €7,664
- Gross operating margin +€1,988
up €1,988 (+1.7%), from €116,532 to €118,520
- Financial charges +€1,805
up €1,805 (+9.9%), from €18,263 to €20,068
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 | €87,186 | €96,267 | +€9,081 | +10.4% |
| Fixed assets | 21/28 | €2,260 | €2,087 | -€173 | -7.7% |
| Tangible fixed assets | 22/27 | €2,260 | €2,087 | -€173 | -7.7% |
| Plant, machinery and equipment | 23 | - | €957 | +€957 | |
| Other tangible fixed assets | 26 | €2,260 | €1,130 | -€1,130 | -50.0% |
| Current assets | 29/58 | €84,926 | €94,180 | +€9,254 | +10.9% |
| Amounts receivable after more than one year | 29 | €58,875 | €58,875 | = | 0.0% |
| Trade receivables | 290 | €58,875 | - | -€58,875 | |
| Other amounts receivable | 291 | - | €58,875 | +€58,875 | |
| Stocks and contracts in progress | 3 | €4,261 | €3,171 | -€1,090 | -25.6% |
| Stocks | 30/36 | €4,261 | €3,171 | -€1,090 | -25.6% |
| Amounts receivable within one year | 40/41 | €18,472 | €26,445 | +€7,973 | +43.2% |
| Trade receivables | 40 | - | €1,811 | +€1,811 | |
| Other amounts receivable | 41 | €18,472 | €24,634 | +€6,162 | +33.4% |
| Cash at bank and in hand | 54/58 | €3,076 | €5,433 | +€2,358 | +76.7% |
| Deferred charges and accrued income | 490/1 | €243 | €257 | +€13 | +5.5% |
| Total equity and liabilities | 10/49 | €87,186 | €96,267 | +€9,081 | +10.4% |
| Equity | 10/15 | €37,447 | €37,705 | +€258 | +0.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | - | -€6,197 | |
| Other | 1109/19 | €6,197 | - | -€6,197 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,390 | €29,648 | +€258 | +0.9% |
| Amounts payable | 17/49 | €49,739 | €58,562 | +€8,823 | +17.7% |
| Amounts payable after more than one year | 17 | €2,537 | €0 | -€2,537 | -100.0% |
| Financial debts | 170/4 | €2,537 | €0 | -€2,537 | -100.0% |
| Amounts payable within one year | 42/48 | €47,203 | €58,562 | +€11,359 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €9,788 | €2,537 | -€7,251 | -74.1% |
| Financial debts | 43 | €11,595 | €21,216 | +€9,621 | +83.0% |
| Credit institutions | 430/8 | €11,595 | €21,216 | +€9,621 | +83.0% |
| Trade debts | 44 | €6,417 | €14,681 | +€8,264 | +128.8% |
| Suppliers | 440/4 | €6,417 | €14,681 | +€8,264 | +128.8% |
| Taxes, remuneration and social security | 45 | €19,402 | €20,128 | +€725 | +3.7% |
| Taxes | 450/3 | €12,425 | €13,949 | +€1,523 | +12.3% |
| Remuneration and social security | 454/9 | €6,977 | €6,179 | -€798 | -11.4% |
| Remuneration, social security and pensions | 62 | €74,008 | €80,863 | +€6,855 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,130 | €1,223 | +€93 | +8.2% |
| Other operating charges | 640/8 | €3,670 | €8,443 | +€4,773 | +130.0% |
| Gross operating margin | 9900 | €116,532 | €118,520 | +€1,988 | +1.7% |
| Operating profit (loss) | 9901 | €37,724 | €27,991 | -€9,733 | -25.8% |
| Financial charges | 65/66B | €18,263 | €20,068 | +€1,805 | +9.9% |
| Recurring financial charges | 65 | €18,263 | €20,068 | +€1,805 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €19,461 | €7,923 | -€11,538 | -59.3% |
| Income taxes | 67/77 | €3,523 | €7,664 | +€4,141 | +117.5% |
| Profit (loss) for the period | 9904 | €15,938 | €258 | -€15,679 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,938 | €258 | -€15,679 | -98.4% |
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 11 October 2026 via checked.be.