OPHTA 6: 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.
OPHTA 6
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash +€46,584
up €46,584 (+6.1%), from €767,441 to €814,026
mainly Net result for the year (+€157,966) and Other debts (+€80,796)
- Receivables within one year +€22,559
new in 2025: €22,559
of which Trade receivables: +€21,418
- Reserves +€90,832
up €90,832 (+16.6%), from €546,469 to €637,300
of which Distributable reserves: +€157,966
- Other debts +€80,796
up €80,796 (+68.7%), from €117,575 to €198,371
- Tax, wage and social debts -€11,016
down €11,016 (-34.4%), from €32,006 to €20,990
of which Taxes: -€9,173
- Gross operating margin +€31,454
up €31,454 (+13.0%), from €242,563 to €274,017
- Taxes +€11,981
up €11,981 (+19.1%), from €62,881 to €74,863
- Financial income -€9,800
down €9,800 (-93.4%), from €10,491 to €690
- Depreciation -€5,814
down €5,814 (-43.6%), from €13,325 to €7,511
- Financial charges +€4,526
up €4,526 (+55.5%), from €8,149 to €12,675
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 | €800,863 | €968,277 | +€167,414 | +20.9% |
| Fixed assets | 21/28 | €27,310 | €29,366 | +€2,056 | +7.5% |
| Tangible fixed assets | 22/27 | €27,310 | €29,366 | +€2,056 | +7.5% |
| Plant, machinery and equipment | 23 | €781 | €836 | +€55 | +7.0% |
| Furniture and vehicles | 24 | €26,529 | €20,516 | -€6,013 | -22.7% |
| Other tangible fixed assets | 26 | - | €8,014 | +€8,014 | |
| Current assets | 29/58 | €773,553 | €938,912 | +€165,358 | +21.4% |
| Amounts receivable within one year | 40/41 | - | €22,559 | +€22,559 | |
| Trade receivables | 40 | - | €21,418 | +€21,418 | |
| Other amounts receivable | 41 | - | €1,141 | +€1,141 | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €767,441 | €814,026 | +€46,584 | +6.1% |
| Deferred charges and accrued income | 490/1 | €6,112 | €2,327 | -€3,785 | -61.9% |
| Total equity and liabilities | 10/49 | €800,863 | €968,277 | +€167,414 | +20.9% |
| Equity | 10/15 | €639,469 | €730,300 | +€90,832 | +14.2% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €546,469 | €637,300 | +€90,832 | +16.6% |
| Tax-exempt reserves | 132 | €67,135 | - | -€67,135 | |
| Distributable reserves | 133 | €479,334 | €637,300 | +€157,966 | +33.0% |
| Amounts payable | 17/49 | €161,395 | €237,977 | +€76,583 | +47.5% |
| Amounts payable within one year | 42/48 | €153,345 | €225,644 | +€72,299 | +47.1% |
| Trade debts | 44 | €3,764 | €6,283 | +€2,519 | +66.9% |
| Suppliers | 440/4 | €3,764 | €6,283 | +€2,519 | +66.9% |
| Taxes, remuneration and social security | 45 | €32,006 | €20,990 | -€11,016 | -34.4% |
| Taxes | 450/3 | €24,970 | €15,797 | -€9,173 | -36.7% |
| Remuneration and social security | 454/9 | €7,037 | €5,194 | -€1,843 | -26.2% |
| Other amounts payable | 47/48 | €117,575 | €198,371 | +€80,796 | +68.7% |
| Accrued charges and deferred income | 492/3 | €8,050 | €12,333 | +€4,284 | +53.2% |
| Remuneration, social security and pensions | 62 | €21,178 | €21,630 | +€452 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,325 | €7,511 | -€5,814 | -43.6% |
| Other operating charges | 640/8 | €546 | €62 | -€484 | -88.6% |
| Gross operating margin | 9900 | €242,563 | €274,017 | +€31,454 | +13.0% |
| Operating profit (loss) | 9901 | €207,514 | €244,814 | +€37,299 | +18.0% |
| Financial income | 75/76B | €10,491 | €690 | -€9,800 | -93.4% |
| Recurring financial income | 75 | €10,491 | €690 | -€9,800 | -93.4% |
| Financial charges | 65/66B | €8,149 | €12,675 | +€4,526 | +55.5% |
| Recurring financial charges | 65 | €8,149 | €12,675 | +€4,526 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | €209,856 | €232,829 | +€22,973 | +10.9% |
| Income taxes | 67/77 | €62,881 | €74,863 | +€11,981 | +19.1% |
| Profit (loss) for the period | 9904 | €146,974 | €157,966 | +€10,992 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €146,974 | €157,966 | +€10,992 | +7.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.