OPHETHOM: 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.
OPHETHOM
Largest movements
- Receivables within one year +€11,470
up €11,470 (+21.2%), from €54,038 to €65,508
of which Other amounts receivable: +€12,030
- Cash -€6,227
down €6,227 (-4.1%), from €151,237 to €145,011
mainly Receivables within one year (-€11,470) and Tax, wage and social debts (-€3,563)
- Tangible fixed assets -€4,902
down €4,902 (-45.9%), from €10,676 to €5,774
- Tax, wage and social debts -€3,563
down €3,563 (-55.2%), from €6,454 to €2,890
- Trade debts +€3,250
up €3,250 (+139.3%), from €2,334 to €5,584
- Gross operating margin -€6,504
down €6,504 (-52.8%), from €12,309 to €5,805
- Taxes -€923
down €923 (-28.4%), from €3,245 to €2,322
- Write-downs -€899
no longer reported in 2024 (was €899)
- Financial income +€756
up €756 (+31.2%), from €2,419 to €3,175
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,043 | €219,664 | +€621 | +0.3% |
| Fixed assets | 21/28 | €10,676 | €5,774 | -€4,902 | -45.9% |
| Tangible fixed assets | 22/27 | €10,676 | €5,774 | -€4,902 | -45.9% |
| Furniture and vehicles | 24 | €10,676 | €5,774 | -€4,902 | -45.9% |
| Current assets | 29/58 | €208,367 | €213,890 | +€5,524 | +2.7% |
| Stocks and contracts in progress | 3 | €673 | €198 | -€475 | -70.6% |
| Stocks | 30/36 | €673 | €198 | -€475 | -70.6% |
| Amounts receivable within one year | 40/41 | €54,038 | €65,508 | +€11,470 | +21.2% |
| Trade receivables | 40 | €3,733 | €3,173 | -€560 | -15.0% |
| Other amounts receivable | 41 | €50,305 | €62,335 | +€12,030 | +23.9% |
| Cash at bank and in hand | 54/58 | €151,237 | €145,011 | -€6,227 | -4.1% |
| Deferred charges and accrued income | 490/1 | €2,419 | €3,174 | +€755 | +31.2% |
| Total equity and liabilities | 10/49 | €219,043 | €219,664 | +€621 | +0.3% |
| Equity | 10/15 | €210,255 | €211,190 | +€934 | +0.4% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Capital | 10 | €72,000 | €72,000 | = | 0.0% |
| Issued capital | 100 | €72,000 | €72,000 | = | 0.0% |
| Reserves | 13 | €106,417 | €107,317 | +€900 | +0.8% |
| Non-distributable reserves | 130/1 | €7,200 | €7,200 | = | 0.0% |
| Legal reserve | 130 | €7,200 | €7,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,253 | €14,253 | = | 0.0% |
| Distributable reserves | 133 | €84,964 | €85,864 | +€900 | +1.1% |
| Profit (loss) carried forward | 14 | €31,838 | €31,873 | +€34 | +0.1% |
| Amounts payable | 17/49 | €8,787 | €8,474 | -€313 | -3.6% |
| Amounts payable within one year | 42/48 | €8,787 | €8,474 | -€313 | -3.6% |
| Trade debts | 44 | €2,334 | €5,584 | +€3,250 | +139.3% |
| Suppliers | 440/4 | €2,334 | €5,584 | +€3,250 | +139.3% |
| Taxes, remuneration and social security | 45 | €6,454 | €2,890 | -€3,563 | -55.2% |
| Taxes | 450/3 | €6,454 | €2,890 | -€3,563 | -55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,902 | €4,902 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €899 | - | -€899 | |
| Other operating charges | 640/8 | €580 | €599 | +€20 | +3.4% |
| Non-recurring operating charges | 66A | €75 | - | -€75 | |
| Gross operating margin | 9900 | €12,309 | €5,805 | -€6,504 | -52.8% |
| Operating profit (loss) | 9901 | €5,853 | €303 | -€5,550 | -94.8% |
| Financial income | 75/76B | €2,419 | €3,175 | +€756 | +31.2% |
| Recurring financial income | 75 | €2,419 | €3,175 | +€756 | +31.2% |
| Financial charges | 65/66B | €213 | €220 | +€7 | +3.3% |
| Recurring financial charges | 65 | €213 | €220 | +€7 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €8,058 | €3,257 | -€4,801 | -59.6% |
| Income taxes | 67/77 | €3,245 | €2,322 | -€923 | -28.4% |
| Profit (loss) for the period | 9904 | €4,813 | €934 | -€3,878 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,813 | €934 | -€3,878 | -80.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.