OPHOROS: 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.
OPHOROS
Largest movements
- Cash +€14,083
up €14,083 (+129.6%), from €10,864 to €24,947
mainly Depreciation (+€44,193) and Net result for the year (+€18,730)
- Intangible fixed assets -€11,420
down €11,420 (-21.5%), from €53,169 to €41,749
- Tangible fixed assets -€6,056
down €6,056 (-5.4%), from €111,207 to €105,151
of which Plant, machinery and equipment: -€22,905
- Profit (loss) carried forward +€18,730
up €18,730 (+77.7%), from -€24,119 to -€5,389
- Trade debts -€18,674
down €18,674 (-69.1%), from €27,029 to €8,355
- Debts after one year -€11,150
down €11,150 (-9.7%), from €115,393 to €104,243
- Current portion of long-term debt +€10,335
up €10,335 (+40.5%), from €25,541 to €35,876
- Tax, wage and social debts -€8,529
down €8,529 (-53.4%), from €15,975 to €7,446
of which Remuneration and social security: -€15,900
- Gross operating margin +€65,145
up €65,145 (+1007.1%), from €6,469 to €71,613
- Depreciation +€26,541
up €26,541 (+150.4%), from €17,652 to €44,193
- Financial charges +€3,903
up €3,903 (+135.9%), from €2,873 to €6,775
- Taxes +€1,173
up €1,173 (+5862750.0%), from €0 to €1,173
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 | €213,228 | €210,629 | -€2,599 | -1.2% |
| Fixed assets | 21/28 | €164,375 | €146,899 | -€17,476 | -10.6% |
| Intangible fixed assets | 21 | €53,169 | €41,749 | -€11,420 | -21.5% |
| Tangible fixed assets | 22/27 | €111,207 | €105,151 | -€6,056 | -5.4% |
| Plant, machinery and equipment | 23 | €110,165 | €87,260 | -€22,905 | -20.8% |
| Furniture and vehicles | 24 | €1,042 | €17,891 | +€16,849 | +1616.6% |
| Current assets | 29/58 | €48,852 | €63,730 | +€14,877 | +30.5% |
| Amounts receivable within one year | 40/41 | €37,989 | €38,783 | +€794 | +2.1% |
| Trade receivables | 40 | €33,669 | €37,912 | +€4,242 | +12.6% |
| Other amounts receivable | 41 | €4,319 | €871 | -€3,448 | -79.8% |
| Cash at bank and in hand | 54/58 | €10,864 | €24,947 | +€14,083 | +129.6% |
| Total equity and liabilities | 10/49 | €213,228 | €210,629 | -€2,599 | -1.2% |
| Equity | 10/15 | -€22,119 | -€3,389 | +€18,730 | +84.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,119 | -€5,389 | +€18,730 | +77.7% |
| Amounts payable | 17/49 | €235,347 | €214,018 | -€21,329 | -9.1% |
| Amounts payable after more than one year | 17 | €115,393 | €104,243 | -€11,150 | -9.7% |
| Financial debts | 170/4 | €115,393 | €104,243 | -€11,150 | -9.7% |
| Amounts payable within one year | 42/48 | €119,955 | €109,776 | -€10,179 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €25,541 | €35,876 | +€10,335 | +40.5% |
| Trade debts | 44 | €27,029 | €8,355 | -€18,674 | -69.1% |
| Suppliers | 440/4 | €27,029 | €8,355 | -€18,674 | -69.1% |
| Taxes, remuneration and social security | 45 | €15,975 | €7,446 | -€8,529 | -53.4% |
| Taxes | 450/3 | €75 | €7,446 | +€7,371 | +9861.3% |
| Remuneration and social security | 454/9 | €15,900 | - | -€15,900 | |
| Other amounts payable | 47/48 | €51,410 | €58,098 | +€6,688 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,652 | €44,193 | +€26,541 | +150.4% |
| Other operating charges | 640/8 | €1,075 | €839 | -€236 | -21.9% |
| Gross operating margin | 9900 | €6,469 | €71,613 | +€65,145 | +1007.1% |
| Operating profit (loss) | 9901 | -€12,258 | €26,581 | +€38,839 | |
| Financial income | 75/76B | €28 | €97 | +€69 | +247.8% |
| Recurring financial income | 75 | €28 | €97 | +€69 | +247.8% |
| Financial charges | 65/66B | €2,873 | €6,775 | +€3,903 | +135.9% |
| Recurring financial charges | 65 | €2,873 | €6,775 | +€3,903 | +135.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,103 | €19,903 | +€35,005 | |
| Income taxes | 67/77 | €0 | €1,173 | +€1,173 | +5862750.0% |
| Profit (loss) for the period | 9904 | -€15,103 | €18,730 | +€33,833 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,103 | €18,730 | +€33,833 |
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 12 October 2026 via checked.be.