OPERIO: 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.
OPERIO
Largest movements
- Current investments +€146,192
up €146,192 (+95.2%), from €153,535 to €299,727
- Cash -€98,558
down €98,558 (-67.8%), from €145,418 to €46,861
mainly Current investments (-€146,192) and Contributions, distributions and other (-€50,000)
- Receivables within one year +€10,838
up €10,838 (+30.7%), from €35,302 to €46,140
of which Trade receivables: +€9,859
- Other debts +€50,000
up €50,000 (+3339.8%), from €1,497 to €51,497
- Reserves +€16,173
up €16,173 (+5.3%), from €304,706 to €320,880
- Trade debts -€4,728
down €4,728 (-40.0%), from €11,805 to €7,077
- Tax, wage and social debts -€4,393
down €4,393 (-29.5%), from €14,883 to €10,490
- Gross operating margin -€21,606
down €21,606 (-18.2%), from €118,524 to €96,918
- Taxes -€9,431
down €9,431 (-23.2%), from €40,592 to €31,161
- Financial income -€3,322
down €3,322 (-66.0%), from €5,031 to €1,709
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 | €335,892 | €393,227 | +€57,335 | +17.1% |
| Fixed assets | 21/28 | €923 | €499 | -€424 | -46.0% |
| Tangible fixed assets | 22/27 | €923 | €499 | -€424 | -46.0% |
| Furniture and vehicles | 24 | €923 | €499 | -€424 | -46.0% |
| Current assets | 29/58 | €334,969 | €392,728 | +€57,759 | +17.2% |
| Amounts receivable within one year | 40/41 | €35,302 | €46,140 | +€10,838 | +30.7% |
| Trade receivables | 40 | €31,548 | €41,407 | +€9,859 | +31.2% |
| Other amounts receivable | 41 | €3,754 | €4,733 | +€979 | +26.1% |
| Current investments | 50/53 | €153,535 | €299,727 | +€146,192 | +95.2% |
| Cash at bank and in hand | 54/58 | €145,418 | €46,861 | -€98,558 | -67.8% |
| Deferred charges and accrued income | 490/1 | €713 | €0 | -€713 | -100.0% |
| Total equity and liabilities | 10/49 | €335,892 | €393,227 | +€57,335 | +17.1% |
| Equity | 10/15 | €307,706 | €323,880 | +€16,173 | +5.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €304,706 | €320,880 | +€16,173 | +5.3% |
| Distributable reserves | 133 | €304,706 | €320,880 | +€16,173 | +5.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €28,185 | €69,347 | +€41,162 | +146.0% |
| Amounts payable within one year | 42/48 | €28,185 | €69,064 | +€40,879 | +145.0% |
| Trade debts | 44 | €11,805 | €7,077 | -€4,728 | -40.0% |
| Suppliers | 440/4 | €11,805 | €7,077 | -€4,728 | -40.0% |
| Taxes, remuneration and social security | 45 | €14,883 | €10,490 | -€4,393 | -29.5% |
| Taxes | 450/3 | €14,883 | €10,490 | -€4,393 | -29.5% |
| Other amounts payable | 47/48 | €1,497 | €51,497 | +€50,000 | +3339.8% |
| Accrued charges and deferred income | 492/3 | - | €283 | +€283 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €424 | +€25 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €412 | €450 | +€37 | +9.1% |
| Gross operating margin | 9900 | €118,524 | €96,918 | -€21,606 | -18.2% |
| Operating profit (loss) | 9901 | €117,712 | €96,044 | -€21,668 | -18.4% |
| Financial income | 75/76B | €5,031 | €1,709 | -€3,322 | -66.0% |
| Recurring financial income | 75 | €5,031 | €1,709 | -€3,322 | -66.0% |
| Financial charges | 65/66B | €188 | €419 | +€231 | +122.8% |
| Recurring financial charges | 65 | €188 | €419 | +€231 | +122.8% |
| Profit (loss) for the period before taxes | 9903 | €122,555 | €97,334 | -€25,222 | -20.6% |
| Income taxes | 67/77 | €40,592 | €31,161 | -€9,431 | -23.2% |
| Profit (loss) for the period | 9904 | €81,964 | €66,173 | -€15,791 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €81,964 | €66,173 | -€15,791 | -19.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.