Operoso: 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.
Operoso
Largest movements
- Cash +€55,043
up €55,043 (+165.7%), from €33,209 to €88,252
mainly Net result for the year (+€44,149) and Depreciation (+€12,632)
- Tangible fixed assets -€16,893
down €16,893 (-30.3%), from €55,717 to €38,824
of which Furniture and vehicles: -€16,449
- Receivables within one year -€5,492
down €5,492 (-30.7%), from €17,906 to €12,414
of which Trade receivables: -€5,325
- Current investments +€3,967
new in 2025: €3,967
- Profit (loss) carried forward +€44,149
up €44,149 (+104.9%), from €42,106 to €86,254
- Debts after one year -€11,281
down €11,281 (-32.2%), from €35,088 to €23,807
- Tax, wage and social debts +€3,175
up €3,175 (+17.3%), from €18,357 to €21,533
of which Taxes: +€3,175
- Gross operating margin +€6,270
up €6,270 (+9.6%), from €65,090 to €71,360
- Depreciation +€2,586
up €2,586 (+25.7%), from €10,045 to €12,632
- Taxes +€1,573
up €1,573 (+14.4%), from €10,955 to €12,527
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 | €108,378 | €144,786 | +€36,408 | +33.6% |
| Fixed assets | 21/28 | €55,967 | €39,074 | -€16,893 | -30.2% |
| Tangible fixed assets | 22/27 | €55,717 | €38,824 | -€16,893 | -30.3% |
| Plant, machinery and equipment | 23 | €2,733 | €2,289 | -€444 | -16.2% |
| Furniture and vehicles | 24 | €52,983 | €36,534 | -€16,449 | -31.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €52,411 | €105,712 | +€53,301 | +101.7% |
| Amounts receivable within one year | 40/41 | €17,906 | €12,414 | -€5,492 | -30.7% |
| Trade receivables | 40 | €17,739 | €12,414 | -€5,325 | -30.0% |
| Other amounts receivable | 41 | €167 | - | -€167 | |
| Current investments | 50/53 | - | €3,967 | +€3,967 | |
| Cash at bank and in hand | 54/58 | €33,209 | €88,252 | +€55,043 | +165.7% |
| Deferred charges and accrued income | 490/1 | €1,296 | €1,080 | -€216 | -16.7% |
| Total equity and liabilities | 10/49 | €108,378 | €144,786 | +€36,408 | +33.6% |
| Equity | 10/15 | €44,106 | €88,254 | +€44,149 | +100.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,106 | €86,254 | +€44,149 | +104.9% |
| Amounts payable | 17/49 | €64,272 | €56,531 | -€7,741 | -12.0% |
| Amounts payable after more than one year | 17 | €35,088 | €23,807 | -€11,281 | -32.2% |
| Financial debts | 170/4 | €35,088 | €23,807 | -€11,281 | -32.2% |
| Amounts payable within one year | 42/48 | €29,184 | €32,725 | +€3,540 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €10,062 | €10,427 | +€366 | +3.6% |
| Trade debts | 44 | €765 | €642 | -€123 | -16.1% |
| Suppliers | 440/4 | €765 | €642 | -€123 | -16.1% |
| Taxes, remuneration and social security | 45 | €18,357 | €21,533 | +€3,175 | +17.3% |
| Taxes | 450/3 | €16,657 | €19,833 | +€3,175 | +19.1% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | - | €122 | +€122 | |
| Non-recurring operating income | 76A | - | €1,029 | +€1,029 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,045 | €12,632 | +€2,586 | +25.7% |
| Other operating charges | 640/8 | €528 | €563 | +€35 | +6.6% |
| Gross operating margin | 9900 | €65,090 | €71,360 | +€6,270 | +9.6% |
| Operating profit (loss) | 9901 | €54,516 | €58,165 | +€3,649 | +6.7% |
| Financial charges | 65/66B | €1,456 | €1,489 | +€33 | +2.3% |
| Recurring financial charges | 65 | €1,456 | €1,489 | +€33 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €53,060 | €56,676 | +€3,616 | +6.8% |
| Income taxes | 67/77 | €10,955 | €12,527 | +€1,573 | +14.4% |
| Profit (loss) for the period | 9904 | €42,106 | €44,149 | +€2,043 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,106 | €44,149 | +€2,043 | +4.9% |
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 2 October 2026 via checked.be.