OPEX PARTNER: 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 PARTNER
Largest movements
- Cash +€95,486
up €95,486 (+2,031%), from €4,701 to €100,187
mainly Net result for the year (+€64,682) and Receivables within one year (+€43,047)
- Receivables within one year -€43,047
down €43,047 (-86.2%), from €49,950 to €6,902
of which Trade receivables: -€43,051
- Tangible fixed assets -€6,978
down €6,978 (-17.7%), from €39,373 to €32,395
of which Furniture and vehicles: -€7,940
- Reserves +€64,682
up €64,682 (+124%), from €52,313 to €116,995
- Other debts -€18,204
down €18,204 (-98.3%), from €18,520 to €316
- Gross operating margin +€21,386
up €21,386 (+29.8%), from €71,668 to €93,054
- Depreciation +€4,976
up €4,976 (+84.1%), from €5,914 to €10,889
- Taxes +€3,924
up €3,924 (+29.9%), from €13,124 to €17,048
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 | €94,024 | €139,599 | +€45,575 | +48.5% |
| Fixed assets | 21/28 | €39,373 | €32,395 | -€6,978 | -17.7% |
| Tangible fixed assets | 22/27 | €39,373 | €32,395 | -€6,978 | -17.7% |
| Plant, machinery and equipment | 23 | €1,445 | €883 | -€562 | -38.9% |
| Furniture and vehicles | 24 | €27,367 | €19,427 | -€7,940 | -29.0% |
| Other tangible fixed assets | 26 | €10,561 | €12,085 | +€1,524 | +14.4% |
| Current assets | 29/58 | €54,651 | €107,204 | +€52,553 | +96.2% |
| Amounts receivable within one year | 40/41 | €49,950 | €6,902 | -€43,047 | -86.2% |
| Trade receivables | 40 | €49,949 | €6,898 | -€43,051 | -86.2% |
| Other amounts receivable | 41 | €1 | €4 | +€3 | +327% |
| Cash at bank and in hand | 54/58 | €4,701 | €100,187 | +€95,486 | +2,031% |
| Deferred charges and accrued income | 490/1 | - | €115 | +€115 | |
| Total equity and liabilities | 10/49 | €94,024 | €139,599 | +€45,575 | +48.5% |
| Equity | 10/15 | €54,813 | €119,495 | +€64,682 | +118% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €52,313 | €116,995 | +€64,682 | +124% |
| Distributable reserves | 133 | €52,313 | €116,995 | +€64,682 | +124% |
| Amounts payable | 17/49 | €39,211 | €20,104 | -€19,107 | -48.7% |
| Amounts payable within one year | 42/48 | €38,963 | €19,494 | -€19,469 | -50.0% |
| Trade debts | 44 | €1,150 | €1,206 | +€56 | +4.9% |
| Suppliers | 440/4 | €1,150 | €1,206 | +€56 | +4.9% |
| Taxes, remuneration and social security | 45 | €19,293 | €17,972 | -€1,321 | -6.8% |
| Taxes | 450/3 | €17,668 | €17,972 | +€304 | +1.7% |
| Remuneration and social security | 454/9 | €1,625 | - | -€1,625 | |
| Other amounts payable | 47/48 | €18,520 | €316 | -€18,204 | -98.3% |
| Accrued charges and deferred income | 492/3 | €248 | €611 | +€362 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,914 | €10,889 | +€4,976 | +84.1% |
| Other operating charges | 640/8 | €311 | €387 | +€76 | +24.3% |
| Gross operating margin | 9900 | €71,668 | €93,054 | +€21,386 | +29.8% |
| Operating profit (loss) | 9901 | €65,443 | €81,778 | +€16,334 | +25.0% |
| Financial charges | 65/66B | €6 | €48 | +€41 | +680% |
| Recurring financial charges | 65 | €6 | €48 | +€41 | +680% |
| Profit (loss) for the period before taxes | 9903 | €65,437 | €81,730 | +€16,293 | +24.9% |
| Income taxes | 67/77 | €13,124 | €17,048 | +€3,924 | +29.9% |
| Profit (loss) for the period | 9904 | €52,313 | €64,682 | +€12,369 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,313 | €64,682 | +€12,369 | +23.6% |
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 17 October 2026 via checked.be.