OPHIRA: 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.
OPHIRA
Largest movements
- Tangible fixed assets -€39,220
down €39,220 (-12.7%), from €308,601 to €269,380
of which Land and buildings: -€38,344
- Debts after one year -€39,759
down €39,759 (-16.3%), from €244,517 to €204,758
- Other debts +€10,646
up €10,646 (+2.5%), from €418,516 to €429,162
- Gross operating margin -€9,618
down €9,618 (-17.6%), from €54,608 to €44,989
- Depreciation +€1,726
up €1,726 (+5.1%), from €33,675 to €35,401
- Financial charges -€1,698
down €1,698 (-12.0%), from €14,178 to €12,479
- Financial income +€899
new in 2025: €899
- Other operating charges -€570
down €570 (-23.1%), from €2,472 to €1,901
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 | €818,637 | €779,019 | -€39,619 | -4.8% |
| Fixed assets | 21/28 | €808,601 | €769,380 | -€39,220 | -4.9% |
| Tangible fixed assets | 22/27 | €308,601 | €269,380 | -€39,220 | -12.7% |
| Land and buildings | 22 | €298,417 | €260,073 | -€38,344 | -12.8% |
| Plant, machinery and equipment | 23 | €10,184 | €9,307 | -€876 | -8.6% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €10,037 | €9,638 | -€398 | -4.0% |
| Amounts receivable within one year | 40/41 | €7,646 | €7,212 | -€435 | -5.7% |
| Trade receivables | 40 | €635 | - | -€635 | |
| Other amounts receivable | 41 | €7,011 | €7,212 | +€200 | +2.9% |
| Cash at bank and in hand | 54/58 | €1,351 | €1,332 | -€19 | -1.4% |
| Deferred charges and accrued income | 490/1 | €1,039 | €1,094 | +€55 | +5.3% |
| Total equity and liabilities | 10/49 | €818,637 | €779,019 | -€39,619 | -4.8% |
| Equity | 10/15 | €109,206 | €105,313 | -€3,893 | -3.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €59,206 | €55,313 | -€3,893 | -6.6% |
| Distributable reserves | 133 | €59,206 | €55,313 | -€3,893 | -6.6% |
| Amounts payable | 17/49 | €709,432 | €673,706 | -€35,726 | -5.0% |
| Amounts payable after more than one year | 17 | €244,517 | €204,758 | -€39,759 | -16.3% |
| Financial debts | 170/4 | €244,517 | €204,758 | -€39,759 | -16.3% |
| Amounts payable within one year | 42/48 | €464,915 | €468,948 | +€4,033 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €43,625 | €39,759 | -€3,866 | -8.9% |
| Trade debts | 44 | €790 | €27 | -€763 | -96.6% |
| Suppliers | 440/4 | €790 | €27 | -€763 | -96.6% |
| Taxes, remuneration and social security | 45 | €1,984 | €0 | -€1,984 | -100.0% |
| Taxes | 450/3 | €1,984 | €0 | -€1,984 | -100.0% |
| Other amounts payable | 47/48 | €418,516 | €429,162 | +€10,646 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,675 | €35,401 | +€1,726 | +5.1% |
| Other operating charges | 640/8 | €2,472 | €1,901 | -€570 | -23.1% |
| Gross operating margin | 9900 | €54,608 | €44,989 | -€9,618 | -17.6% |
| Operating profit (loss) | 9901 | €18,461 | €7,687 | -€10,774 | -58.4% |
| Financial income | 75/76B | - | €899 | +€899 | |
| Recurring financial income | 75 | - | €899 | +€899 | |
| Financial charges | 65/66B | €14,178 | €12,479 | -€1,698 | -12.0% |
| Recurring financial charges | 65 | €14,178 | €12,479 | -€1,698 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €4,283 | -€3,893 | -€8,176 | |
| Income taxes | 67/77 | €566 | €0 | -€566 | -100.0% |
| Profit (loss) for the period | 9904 | €3,718 | -€3,893 | -€7,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,718 | -€3,893 | -€7,610 |
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 8 October 2026 via checked.be.