OPHTA BEAUDUIN: 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.
OPHTA BEAUDUIN
Largest movements
- Current investments +€266,382
up €266,382 (+31.2%), from €853,724 to €1.1m
- Reserves +€129,732
up €129,732 (+12.6%), from €1.0m to €1.2m
- Other debts +€96,831
up €96,831 (+120.7%), from €80,250 to €177,082
- Tax, wage and social debts +€35,917
up €35,917 (+133.5%), from €26,901 to €62,818
- Financial income +€17,980
up €17,980 (+432.2%), from €4,160 to €22,140
- Depreciation +€6,971
up €6,971 (+20.9%), from €33,303 to €40,274
- Taxes +€6,393
up €6,393 (+6.8%), from €93,550 to €99,943
- Gross operating margin +€6,221
up €6,221 (+1.8%), from €342,729 to €348,950
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 | €1,486,842 | €1,753,133 | +€266,291 | +17.9% |
| Fixed assets | 21/28 | €270,825 | €281,822 | +€10,997 | +4.1% |
| Tangible fixed assets | 22/27 | €270,825 | €281,822 | +€10,997 | +4.1% |
| Land and buildings | 22 | €185,506 | €221,176 | +€35,671 | +19.2% |
| Plant, machinery and equipment | 23 | €24,131 | €14,225 | -€9,905 | -41.0% |
| Furniture and vehicles | 24 | €61,189 | €46,420 | -€14,768 | -24.1% |
| Current assets | 29/58 | €1,216,017 | €1,471,311 | +€255,294 | +21.0% |
| Amounts receivable within one year | 40/41 | €1,200 | €1,200 | = | 0.0% |
| Trade receivables | 40 | €1,200 | €1,200 | = | 0.0% |
| Current investments | 50/53 | €853,724 | €1,120,106 | +€266,382 | +31.2% |
| Cash at bank and in hand | 54/58 | €361,092 | €350,005 | -€11,087 | -3.1% |
| Total equity and liabilities | 10/49 | €1,486,842 | €1,753,133 | +€266,291 | +17.9% |
| Equity | 10/15 | €1,371,592 | €1,501,324 | +€129,732 | +9.5% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €1,032,881 | €1,162,613 | +€129,732 | +12.6% |
| Distributable reserves | 133 | €1,032,881 | €1,162,613 | +€129,732 | +12.6% |
| Profit (loss) carried forward | 14 | €324,451 | €324,451 | = | 0.0% |
| Amounts payable | 17/49 | €115,250 | €251,809 | +€136,559 | +118.5% |
| Amounts payable within one year | 42/48 | €115,250 | €251,809 | +€136,559 | +118.5% |
| Trade debts | 44 | €8,099 | €11,910 | +€3,811 | +47.1% |
| Suppliers | 440/4 | €8,099 | €11,910 | +€3,811 | +47.1% |
| Taxes, remuneration and social security | 45 | €26,901 | €62,818 | +€35,917 | +133.5% |
| Taxes | 450/3 | €26,901 | €62,818 | +€35,917 | +133.5% |
| Other amounts payable | 47/48 | €80,250 | €177,082 | +€96,831 | +120.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,303 | €40,274 | +€6,971 | +20.9% |
| Other operating charges | 640/8 | €6,033 | €4,908 | -€1,125 | -18.7% |
| Non-recurring operating charges | 66A | - | €196 | +€196 | |
| Gross operating margin | 9900 | €342,729 | €348,950 | +€6,221 | +1.8% |
| Operating profit (loss) | 9901 | €303,393 | €303,572 | +€179 | +0.1% |
| Financial income | 75/76B | €4,160 | €22,140 | +€17,980 | +432.2% |
| Recurring financial income | 75 | €4,160 | €22,140 | +€17,980 | +432.2% |
| Financial charges | 65/66B | €949 | €969 | +€20 | +2.1% |
| Recurring financial charges | 65 | €949 | €969 | +€20 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €306,604 | €324,743 | +€18,139 | +5.9% |
| Income taxes | 67/77 | €93,550 | €99,943 | +€6,393 | +6.8% |
| Profit (loss) for the period | 9904 | €213,054 | €224,801 | +€11,746 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €213,054 | €224,801 | +€11,746 | +5.5% |
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 3 October 2026 via checked.be.