Opération,Design, Security,Creation: 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.
Opération,Design, Security,Creation
Largest movements
- Cash +€49,390
new in 2025: €49,390
mainly Net result for the year (+€65,856) and Depreciation (+€9,146)
- Receivables within one year +€21,596
up €21,596 (+2011.7%), from €1,074 to €22,670
of which Trade receivables: +€18,938
- Intangible fixed assets -€7,130
down €7,130 (-100.0%), from €7,130 to €0
- Tangible fixed assets +€784
up €784 (+18.0%), from €4,361 to €5,145
- Profit (loss) carried forward +€65,856
up €65,856 (+37.1%), from -€177,651 to -€111,795
- Tax, wage and social debts +€3,072
up €3,072 (+1031.3%), from €298 to €3,370
- Short-term financial debts -€1,789
down €1,789 (-12.2%), from €14,681 to €12,892
- Trade debts -€1,420
down €1,420 (-75.4%), from €1,883 to €463
- Advances received -€975
down €975 (-100.0%), from €975 to €0
- Gross operating margin +€73,487
up €73,487 (+3034.2%), from €2,422 to €75,909
- Other operating charges -€1,445
down €1,445 (-93.1%), from €1,551 to €106
- Financial charges -€1,320
down €1,320 (-62.2%), from €2,121 to €801
- Depreciation +€918
up €918 (+11.2%), from €8,228 to €9,146
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 | €12,864 | €77,504 | +€64,640 | +502.5% |
| Fixed assets | 21/28 | €11,790 | €5,445 | -€6,346 | -53.8% |
| Intangible fixed assets | 21 | €7,130 | €0 | -€7,130 | -100.0% |
| Tangible fixed assets | 22/27 | €4,361 | €5,145 | +€784 | +18.0% |
| Furniture and vehicles | 24 | €4,361 | €5,145 | +€784 | +18.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €1,074 | €72,060 | +€70,986 | +6612.3% |
| Amounts receivable within one year | 40/41 | €1,074 | €22,670 | +€21,596 | +2011.7% |
| Trade receivables | 40 | €163 | €19,101 | +€18,938 | +11594.1% |
| Other amounts receivable | 41 | €910 | €3,569 | +€2,658 | +292.1% |
| Cash at bank and in hand | 54/58 | - | €49,390 | +€49,390 | |
| Total equity and liabilities | 10/49 | €12,864 | €77,504 | +€64,640 | +502.5% |
| Equity | 10/15 | -€157,191 | -€91,335 | +€65,856 | +41.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,651 | -€111,795 | +€65,856 | +37.1% |
| Amounts payable | 17/49 | €170,055 | €168,840 | -€1,215 | -0.7% |
| Amounts payable within one year | 42/48 | €170,055 | €168,840 | -€1,215 | -0.7% |
| Financial debts | 43 | €14,681 | €12,892 | -€1,789 | -12.2% |
| Credit institutions | 430/8 | €14,681 | €12,892 | -€1,789 | -12.2% |
| Trade debts | 44 | €1,883 | €463 | -€1,420 | -75.4% |
| Suppliers | 440/4 | €1,883 | €463 | -€1,420 | -75.4% |
| Advances received on contracts in progress | 46 | €975 | €0 | -€975 | -100.0% |
| Taxes, remuneration and social security | 45 | €298 | €3,370 | +€3,072 | +1031.3% |
| Taxes | 450/3 | €298 | €3,370 | +€3,072 | +1031.3% |
| Other amounts payable | 47/48 | €152,219 | €152,115 | -€104 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,228 | €9,146 | +€918 | +11.2% |
| Other operating charges | 640/8 | €1,551 | €106 | -€1,445 | -93.1% |
| Gross operating margin | 9900 | €2,422 | €75,909 | +€73,487 | +3034.2% |
| Operating profit (loss) | 9901 | -€7,357 | €66,657 | +€74,014 | |
| Financial charges | 65/66B | €2,121 | €801 | -€1,320 | -62.2% |
| Recurring financial charges | 65 | €2,121 | €801 | -€1,320 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,478 | €65,856 | +€75,333 | |
| Income taxes | 67/77 | €53 | €0 | -€53 | -100.0% |
| Profit (loss) for the period | 9904 | -€9,531 | €65,856 | +€75,387 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,531 | €65,856 | +€75,387 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.