OPHES: 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.
OPHES
Largest movements
- Cash +€234,666
up €234,666 (+169.3%), from €138,641 to €373,307
mainly Net result for the year (+€190,909) and Tax, wage and social debts (+€56,673)
- Deferred charges and accrued income +€9,942
up €9,942 (+17.4%), from €57,142 to €67,084
- Reserves +€338,000
new in 2025: €338,000
- Profit (loss) carried forward -€147,091
down €147,091 (-99.4%), from €147,967 to €877
- Tax, wage and social debts +€56,673
up €56,673 (+130.2%), from €43,516 to €100,188
of which Taxes: +€59,423
- Gross operating margin +€58,487
up €58,487 (+30.5%), from €192,036 to €250,522
- Taxes +€15,507
up €15,507 (+35.3%), from €43,916 to €59,423
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 | €195,783 | €442,065 | +€246,282 | +125.8% |
| Current assets | 29/58 | €195,783 | €442,065 | +€246,282 | +125.8% |
| Amounts receivable within one year | 40/41 | - | €1,674 | +€1,674 | |
| Trade receivables | 40 | - | €1,378 | +€1,378 | |
| Other amounts receivable | 41 | - | €296 | +€296 | |
| Cash at bank and in hand | 54/58 | €138,641 | €373,307 | +€234,666 | +169.3% |
| Deferred charges and accrued income | 490/1 | €57,142 | €67,084 | +€9,942 | +17.4% |
| Total equity and liabilities | 10/49 | €195,783 | €442,065 | +€246,282 | +125.8% |
| Equity | 10/15 | €150,967 | €341,877 | +€190,909 | +126.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €338,000 | +€338,000 | |
| Distributable reserves | 133 | - | €338,000 | +€338,000 | |
| Profit (loss) carried forward | 14 | €147,967 | €877 | -€147,091 | -99.4% |
| Amounts payable | 17/49 | €44,816 | €100,188 | +€55,373 | +123.6% |
| Amounts payable within one year | 42/48 | €44,816 | €100,188 | +€55,373 | +123.6% |
| Taxes, remuneration and social security | 45 | €43,516 | €100,188 | +€56,673 | +130.2% |
| Taxes | 450/3 | €40,766 | €100,188 | +€59,423 | +145.8% |
| Remuneration and social security | 454/9 | €2,750 | - | -€2,750 | |
| Other amounts payable | 47/48 | €1,300 | - | -€1,300 | |
| Gross operating margin | 9900 | €192,036 | €250,522 | +€58,487 | +30.5% |
| Operating profit (loss) | 9901 | €192,036 | €250,522 | +€58,487 | +30.5% |
| Financial charges | 65/66B | €153 | €190 | +€37 | +24.5% |
| Recurring financial charges | 65 | €153 | €190 | +€37 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €191,883 | €250,332 | +€58,449 | +30.5% |
| Income taxes | 67/77 | €43,916 | €59,423 | +€15,507 | +35.3% |
| Profit (loss) for the period | 9904 | €147,967 | €190,909 | +€42,942 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €147,967 | €190,909 | +€42,942 | +29.0% |
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 29 September 2026 via checked.be.