OPHTA T.C.: 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 T.C.
Largest movements
- Tangible fixed assets -€48,331
down €48,331 (-2.6%), from €1.9m to €1.8m
of which Land and buildings: -€34,020
- Cash -€24,821
down €24,821 (-33.9%), from €73,229 to €48,408
mainly Debts after one year (-€113,950) and Contributions, distributions and other (-€43,688)
- Debts after one year -€113,950
down €113,950 (-9.9%), from €1.2m to €1.0m
of which Financial debts: -€113,950
- Reserves -€37,318
down €37,318 (-14.1%), from €264,516 to €227,198
of which Distributable reserves: -€35,071
- Other debts +€34,475
up €34,475 (+19.5%), from €177,036 to €211,511
- Financial charges -€12,359
down €12,359 (-22.9%), from €54,046 to €41,686
- Taxes +€9,885
up €9,885 (+97.8%), from €10,110 to €19,995
- Other operating charges +€3,936
up €3,936 (+120%), from €3,288 to €7,223
- Depreciation -€2,530
down €2,530 (-2.7%), from €93,799 to €91,269
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 | €2,073,719 | €1,978,742 | -€94,977 | -4.6% |
| Fixed assets | 21/28 | €1,884,603 | €1,836,272 | -€48,331 | -2.6% |
| Tangible fixed assets | 22/27 | €1,884,578 | €1,836,247 | -€48,331 | -2.6% |
| Land and buildings | 22 | €1,745,176 | €1,711,156 | -€34,020 | -1.9% |
| Plant, machinery and equipment | 23 | €51,756 | €57,212 | +€5,456 | +10.5% |
| Furniture and vehicles | 24 | €85,225 | €65,774 | -€19,451 | -22.8% |
| Other tangible fixed assets | 26 | €2,420 | €2,104 | -€316 | -13.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €189,116 | €142,471 | -€46,645 | -24.7% |
| Amounts receivable within one year | 40/41 | €17,923 | - | -€17,923 | |
| Trade receivables | 40 | €17,923 | - | -€17,923 | |
| Current investments | 50/53 | €86,393 | €86,393 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,229 | €48,408 | -€24,821 | -33.9% |
| Deferred charges and accrued income | 490/1 | €11,571 | €7,670 | -€3,901 | -33.7% |
| Total equity and liabilities | 10/49 | €2,073,719 | €1,978,742 | -€94,977 | -4.6% |
| Equity | 10/15 | €580,884 | €552,764 | -€28,120 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €264,516 | €227,198 | -€37,318 | -14.1% |
| Non-distributable reserves | 130/1 | €88,253 | €88,253 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Own shares acquired | 1312 | €86,393 | €86,393 | = | 0.0% |
| Tax-exempt reserves | 132 | €69,647 | €67,400 | -€2,247 | -3.2% |
| Distributable reserves | 133 | €106,616 | €71,545 | -€35,071 | -32.9% |
| Profit (loss) carried forward | 14 | €297,768 | €306,965 | +€9,197 | +3.1% |
| Provisions and deferred taxes | 16 | €17,412 | €16,850 | -€562 | -3.2% |
| Deferred taxes | 168 | €17,412 | €16,850 | -€562 | -3.2% |
| Amounts payable | 17/49 | €1,475,423 | €1,409,128 | -€66,295 | -4.5% |
| Amounts payable after more than one year | 17 | €1,154,693 | €1,040,743 | -€113,950 | -9.9% |
| Financial debts | 170/4 | €1,152,793 | €1,038,843 | -€113,950 | -9.9% |
| Other amounts payable | 178/9 | €1,900 | €1,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €318,064 | €363,481 | +€45,417 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €121,111 | €127,496 | +€6,384 | +5.3% |
| Trade debts | 44 | €9,866 | €8,755 | -€1,111 | -11.3% |
| Suppliers | 440/4 | €9,866 | €8,755 | -€1,111 | -11.3% |
| Taxes, remuneration and social security | 45 | €10,051 | €15,720 | +€5,669 | +56.4% |
| Taxes | 450/3 | €10,051 | €15,720 | +€5,669 | +56.4% |
| Other amounts payable | 47/48 | €177,036 | €211,511 | +€34,475 | +19.5% |
| Accrued charges and deferred income | 492/3 | €2,666 | €4,904 | +€2,238 | +83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,799 | €91,269 | -€2,530 | -2.7% |
| Other operating charges | 640/8 | €3,288 | €7,223 | +€3,936 | +120% |
| Non-recurring operating charges | 66A | - | €261 | +€261 | |
| Gross operating margin | 9900 | €173,353 | €174,813 | +€1,461 | +0.8% |
| Operating profit (loss) | 9901 | €76,266 | €76,060 | -€206 | -0.3% |
| Financial income | 75/76B | €502 | €626 | +€124 | +24.7% |
| Recurring financial income | 75 | €502 | €626 | +€124 | +24.7% |
| Financial charges | 65/66B | €54,046 | €41,686 | -€12,359 | -22.9% |
| Recurring financial charges | 65 | €54,046 | €41,686 | -€12,359 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €22,723 | €35,001 | +€12,278 | +54.0% |
| Transfer from deferred taxes | 780 | €562 | €562 | = | 0.0% |
| Income taxes | 67/77 | €10,110 | €19,995 | +€9,885 | +97.8% |
| Profit (loss) for the period | 9904 | €13,175 | €15,568 | +€2,393 | +18.2% |
| Transfer from tax-exempt reserves | 789 | €2,247 | €2,247 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,422 | €17,814 | +€2,393 | +15.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.