OPEX ANTWERP: 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.
OPEX ANTWERP
Largest movements
- Receivables within one year +€278,144
up €278,144 (+22.2%), from €1.3m to €1.5m
of which Other amounts receivable: +€368,196
- Tangible fixed assets -€199,924
down €199,924 (-3.5%), from €5.8m to €5.6m
- Trade debts +€166,520
up €166,520 (+1,009%), from €16,504 to €183,024
- Other debts -€120,000
no longer reported in 2025 (was €120,000)
- Gross operating margin -€98,649
down €98,649 (-23.8%), from €414,473 to €315,824
- Depreciation +€7,564
up €7,564 (+2.7%), from €277,147 to €284,711
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
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 | €7,180,166 | €7,249,098 | +€68,932 | +1.0% |
| Fixed assets | 21/28 | €5,794,564 | €5,594,641 | -€199,924 | -3.5% |
| Tangible fixed assets | 22/27 | €5,794,564 | €5,594,641 | -€199,924 | -3.5% |
| Land and buildings | 22 | €5,794,564 | €5,594,641 | -€199,924 | -3.5% |
| Current assets | 29/58 | €1,385,602 | €1,654,457 | +€268,855 | +19.4% |
| Amounts receivable within one year | 40/41 | €1,252,211 | €1,530,355 | +€278,144 | +22.2% |
| Trade receivables | 40 | €90,052 | - | -€90,052 | |
| Other amounts receivable | 41 | €1,162,159 | €1,530,355 | +€368,196 | +31.7% |
| Cash at bank and in hand | 54/58 | €133,391 | €80,533 | -€52,858 | -39.6% |
| Deferred charges and accrued income | 490/1 | - | €43,569 | +€43,569 | |
| Total equity and liabilities | 10/49 | €7,180,166 | €7,249,098 | +€68,932 | +1.0% |
| Equity | 10/15 | €7,041,027 | €7,060,726 | +€19,699 | +0.3% |
| Contributions | 10/11 | €7,000,000 | €7,000,000 | = | 0.0% |
| Capital | 10 | €7,000,000 | €7,000,000 | = | 0.0% |
| Issued capital | 100 | €7,000,000 | €7,000,000 | = | 0.0% |
| Reserves | 13 | €41,027 | €60,726 | +€19,699 | +48.0% |
| Non-distributable reserves | 130/1 | €41,027 | €60,726 | +€19,699 | +48.0% |
| Legal reserve | 130 | €41,027 | €60,726 | +€19,699 | +48.0% |
| Amounts payable | 17/49 | €139,139 | €188,372 | +€49,232 | +35.4% |
| Amounts payable within one year | 42/48 | €139,139 | €188,372 | +€49,232 | +35.4% |
| Trade debts | 44 | €16,504 | €183,024 | +€166,520 | +1,009% |
| Suppliers | 440/4 | €16,504 | €183,024 | +€166,520 | +1,009% |
| Taxes, remuneration and social security | 45 | €2,635 | €5,347 | +€2,712 | +103% |
| Taxes | 450/3 | €2,635 | €5,347 | +€2,712 | +103% |
| Other amounts payable | 47/48 | €120,000 | - | -€120,000 | |
| Non-recurring operating income | 76A | - | €1,234 | +€1,234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,147 | €284,711 | +€7,564 | +2.7% |
| Other operating charges | 640/8 | €17,317 | €17,884 | +€568 | +3.3% |
| Non-recurring operating charges | 66A | - | €1,287 | +€1,287 | |
| Gross operating margin | 9900 | €414,473 | €315,824 | -€98,649 | -23.8% |
| Operating profit (loss) | 9901 | €120,009 | €11,942 | -€108,067 | -90.0% |
| Financial income | 75/76B | €11,259 | €13,396 | +€2,136 | +19.0% |
| Recurring financial income | 75 | €11,259 | €13,396 | +€2,136 | +19.0% |
| Financial charges | 65/66B | €1,599 | €291 | -€1,308 | -81.8% |
| Recurring financial charges | 65 | €1,599 | €291 | -€1,308 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | €129,670 | €25,047 | -€104,623 | -80.7% |
| Income taxes | 67/77 | €2,635 | €5,347 | +€2,712 | +103% |
| Profit (loss) for the period | 9904 | €127,035 | €19,699 | -€107,335 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €127,035 | €19,699 | -€107,335 | -84.5% |
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 21 October 2026 via checked.be.