OPHELIA: 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.
OPHELIA
Largest movements
- Tangible fixed assets -€2,549
down €2,549 (-5.3%), from €48,388 to €45,839
of which Plant, machinery and equipment: -€2,345
- Receivables within one year -€2,275
down €2,275 (-100%), from €2,275 to €0
- Trade debts -€2,247
down €2,247 (-73.3%), from €3,066 to €820
- Profit (loss) carried forward -€2,060
down €2,060 (-4.7%), from -€43,757 to -€45,817
- Gross operating margin +€1,071
up €1,071 (+48.1%), from €2,227 to €3,298
- Financial charges -€639
down €639 (-77.7%), from €823 to €184
- Financial income -€103
down €103 (-99.8%), from €103 to €0
- Other operating charges +€36
up €36 (+1.4%), from €2,590 to €2,626
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 | €53,901 | €49,595 | -€4,307 | -8.0% |
| Fixed assets | 21/28 | €48,388 | €45,839 | -€2,549 | -5.3% |
| Tangible fixed assets | 22/27 | €48,388 | €45,839 | -€2,549 | -5.3% |
| Land and buildings | 22 | €37,654 | €37,450 | -€204 | -0.5% |
| Plant, machinery and equipment | 23 | €10,733 | €8,389 | -€2,345 | -21.8% |
| Current assets | 29/58 | €5,514 | €3,756 | -€1,758 | -31.9% |
| Amounts receivable within one year | 40/41 | €2,275 | €0 | -€2,275 | -100% |
| Trade receivables | 40 | €2,275 | €0 | -€2,275 | -100% |
| Cash at bank and in hand | 54/58 | €1,595 | €2,035 | +€440 | +27.6% |
| Deferred charges and accrued income | 490/1 | €1,644 | €1,721 | +€77 | +4.7% |
| Total equity and liabilities | 10/49 | €53,901 | €49,595 | -€4,307 | -8.0% |
| Equity | 10/15 | €32,643 | €30,583 | -€2,060 | -6.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €14,900 | €14,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,750 | €8,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,757 | -€45,817 | -€2,060 | -4.7% |
| Amounts payable | 17/49 | €21,258 | €19,012 | -€2,247 | -10.6% |
| Amounts payable within one year | 42/48 | €21,258 | €19,012 | -€2,247 | -10.6% |
| Trade debts | 44 | €3,066 | €820 | -€2,247 | -73.3% |
| Suppliers | 440/4 | €3,066 | €820 | -€2,247 | -73.3% |
| Other amounts payable | 47/48 | €18,192 | €18,192 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,549 | €2,549 | = | 0.0% |
| Other operating charges | 640/8 | €2,590 | €2,626 | +€36 | +1.4% |
| Gross operating margin | 9900 | €2,227 | €3,298 | +€1,071 | +48.1% |
| Operating profit (loss) | 9901 | -€2,912 | -€1,877 | +€1,035 | +35.5% |
| Financial income | 75/76B | €103 | €0 | -€103 | -99.8% |
| Recurring financial income | 75 | €103 | €0 | -€103 | -99.8% |
| Financial charges | 65/66B | €823 | €184 | -€639 | -77.7% |
| Recurring financial charges | 65 | €823 | €184 | -€639 | -77.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,632 | -€2,060 | +€1,571 | +43.3% |
| Profit (loss) for the period | 9904 | -€3,632 | -€2,060 | +€1,571 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,632 | -€2,060 | +€1,571 | +43.3% |
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 18 October 2026 via checked.be.