OPERIS: 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.
OPERIS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€137,382
up €137,382 (+12.5%), from €1.1m to €1.2m
- Tax, wage and social debts -€63,927
down €63,927 (-42.8%), from €149,278 to €85,351
of which Remuneration and social security: -€40,375
- Current portion of long-term debt -€33,388
down €33,388 (-42.9%), from €77,818 to €44,430
- Profit (loss) carried forward -€31,652
down €31,652 (-108%), from -€29,201 to -€60,853
- Gross operating margin -€83,083
down €83,083 (-77.8%), from €106,835 to €23,751
- Staff costs -€80,362
down €80,362 (-78.5%), from €102,325 to €21,962
- Other operating charges -€18,386
down €18,386 (-68.0%), from €27,024 to €8,638
- Financial charges +€12,609
up €12,609 (+114%), from €11,107 to €23,716
of which Non-recurring financial charges: +€17,387
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,583,825 | €1,594,095 | +€10,269 | +0.6% |
| Fixed assets | 21/28 | €1,381,944 | €1,381,277 | -€667 | 0.0% |
| Tangible fixed assets | 22/27 | €1,944 | €1,277 | -€667 | -34.3% |
| Plant, machinery and equipment | 23 | €1,944 | €1,277 | -€667 | -34.3% |
| Financial fixed assets | 28 | €1,380,000 | €1,380,000 | = | 0.0% |
| Current assets | 29/58 | €201,882 | €212,818 | +€10,936 | +5.4% |
| Amounts receivable within one year | 40/41 | €201,882 | €212,818 | +€10,936 | +5.4% |
| Trade receivables | 40 | €183,800 | €211,400 | +€27,600 | +15.0% |
| Other amounts receivable | 41 | €18,082 | €1,418 | -€16,664 | -92.2% |
| Total equity and liabilities | 10/49 | €1,583,825 | €1,594,095 | +€10,269 | +0.6% |
| Equity | 10/15 | €26,999 | -€4,653 | -€31,652 | |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Contributions outside capital | 11 | €56,200 | €56,200 | = | 0.0% |
| Other | 1109/19 | €56,200 | €56,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,201 | -€60,853 | -€31,652 | -108% |
| Amounts payable | 17/49 | €1,556,826 | €1,598,748 | +€41,921 | +2.7% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,406,826 | €1,448,748 | +€41,921 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €77,818 | €44,430 | -€33,388 | -42.9% |
| Financial debts | 43 | €5,252 | €5,266 | +€14 | +0.3% |
| Credit institutions | 430/8 | €5,252 | €5,266 | +€14 | +0.3% |
| Trade debts | 44 | €79,317 | €81,158 | +€1,841 | +2.3% |
| Suppliers | 440/4 | €79,317 | €81,158 | +€1,841 | +2.3% |
| Taxes, remuneration and social security | 45 | €149,278 | €85,351 | -€63,927 | -42.8% |
| Taxes | 450/3 | €67,852 | €44,300 | -€23,552 | -34.7% |
| Remuneration and social security | 454/9 | €81,425 | €41,051 | -€40,375 | -49.6% |
| Other amounts payable | 47/48 | €1,095,161 | €1,232,543 | +€137,382 | +12.5% |
| Non-recurring operating income | 76A | - | €843 | +€843 | |
| Remuneration, social security and pensions | 62 | €102,325 | €21,962 | -€80,362 | -78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56 | €667 | +€610 | +1,081% |
| Other operating charges | 640/8 | €27,024 | €8,638 | -€18,386 | -68.0% |
| Non-recurring operating charges | 66A | €2,070 | €420 | -€1,650 | -79.7% |
| Gross operating margin | 9900 | €106,835 | €23,751 | -€83,083 | -77.8% |
| Operating profit (loss) | 9901 | -€24,641 | -€7,936 | +€16,705 | +67.8% |
| Financial charges | 65/66B | €11,107 | €23,716 | +€12,609 | +114% |
| Recurring financial charges | 65 | €11,107 | €6,330 | -€4,778 | -43.0% |
| Non-recurring financial charges | 66B | - | €17,387 | +€17,387 | |
| Profit (loss) for the period before taxes | 9903 | -€35,748 | -€31,652 | +€4,096 | +11.5% |
| Income taxes | 67/77 | €681 | - | -€681 | |
| Profit (loss) for the period | 9904 | -€36,429 | -€31,652 | +€4,777 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,429 | -€31,652 | +€4,777 | +13.1% |
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 25 October 2026 via checked.be.