OPHTADERM: 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.
OPHTADERM
Largest movements
- Tangible fixed assets +€75,421
up €75,421 (+12.2%), from €617,424 to €692,844
of which Leasing and similar rights: +€53,925
- Receivables within one year -€37,069
down €37,069 (-42.6%), from €86,981 to €49,912
- Reserves +€60,000
up €60,000 (+21.4%), from €281,000 to €341,000
- Tax, wage and social debts +€15,329
up €15,329 (+72.1%), from €21,265 to €36,594
of which Taxes: +€15,504
- Current portion of long-term debt -€12,740
down €12,740 (-57.7%), from €22,067 to €9,327
- Other debts -€8,792
down €8,792 (-4.4%), from €198,268 to €189,476
- Taxes +€7,103
up €7,103 (+38.6%), from €18,402 to €25,504
- Financial charges +€5,022
up €5,022 (+66.0%), from €7,612 to €12,634
- Gross operating margin -€4,398
down €4,398 (-2.8%), from €155,134 to €150,736
- Depreciation -€3,160
down €3,160 (-9.9%), from €32,044 to €28,884
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 | €788,123 | €833,770 | +€45,648 | +5.8% |
| Fixed assets | 21/28 | €637,324 | €712,744 | +€75,421 | +11.8% |
| Tangible fixed assets | 22/27 | €617,424 | €692,844 | +€75,421 | +12.2% |
| Land and buildings | 22 | €597,627 | €610,420 | +€12,793 | +2.1% |
| Furniture and vehicles | 24 | €9,248 | €3,671 | -€5,577 | -60.3% |
| Leasing and similar rights | 25 | - | €53,925 | +€53,925 | |
| Other tangible fixed assets | 26 | €10,548 | €24,829 | +€14,280 | +135.4% |
| Financial fixed assets | 28 | €19,900 | €19,900 | = | 0.0% |
| Current assets | 29/58 | €150,799 | €121,026 | -€29,773 | -19.7% |
| Amounts receivable within one year | 40/41 | €86,981 | €49,912 | -€37,069 | -42.6% |
| Trade receivables | 40 | €86,981 | €49,912 | -€37,069 | -42.6% |
| Cash at bank and in hand | 54/58 | €62,526 | €67,315 | +€4,790 | +7.7% |
| Deferred charges and accrued income | 490/1 | €1,293 | €3,798 | +€2,506 | +193.9% |
| Total equity and liabilities | 10/49 | €788,123 | €833,770 | +€45,648 | +5.8% |
| Equity | 10/15 | €310,970 | €370,000 | +€59,031 | +19.0% |
| Contributions | 10/11 | €27,940 | €27,940 | = | 0.0% |
| Reserves | 13 | €281,000 | €341,000 | +€60,000 | +21.4% |
| Distributable reserves | 133 | €281,000 | €341,000 | +€60,000 | +21.4% |
| Profit (loss) carried forward | 14 | €2,030 | €1,060 | -€969 | -47.8% |
| Amounts payable | 17/49 | €477,153 | €463,770 | -€13,383 | -2.8% |
| Amounts payable after more than one year | 17 | €226,881 | €222,761 | -€4,120 | -1.8% |
| Financial debts | 170/4 | €226,881 | €222,761 | -€4,120 | -1.8% |
| Amounts payable within one year | 42/48 | €250,272 | €241,009 | -€9,263 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €22,067 | €9,327 | -€12,740 | -57.7% |
| Trade debts | 44 | €8,671 | €5,611 | -€3,060 | -35.3% |
| Suppliers | 440/4 | €8,671 | €5,611 | -€3,060 | -35.3% |
| Taxes, remuneration and social security | 45 | €21,265 | €36,594 | +€15,329 | +72.1% |
| Taxes | 450/3 | €20,750 | €36,254 | +€15,504 | +74.7% |
| Remuneration and social security | 454/9 | €515 | €340 | -€175 | -34.0% |
| Other amounts payable | 47/48 | €198,268 | €189,476 | -€8,792 | -4.4% |
| Remuneration, social security and pensions | 62 | €15,802 | €17,020 | +€1,219 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,044 | €28,884 | -€3,160 | -9.9% |
| Other operating charges | 640/8 | €3,710 | €4,700 | +€990 | +26.7% |
| Non-recurring operating charges | 66A | - | €3,008 | +€3,008 | |
| Gross operating margin | 9900 | €155,134 | €150,736 | -€4,398 | -2.8% |
| Operating profit (loss) | 9901 | €103,578 | €97,124 | -€6,455 | -6.2% |
| Financial income | 75/76B | €1,461 | €45 | -€1,416 | -96.9% |
| Recurring financial income | 75 | €1,461 | €45 | -€1,416 | -96.9% |
| Financial charges | 65/66B | €7,612 | €12,634 | +€5,022 | +66.0% |
| Recurring financial charges | 65 | €7,612 | €12,634 | +€5,022 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | €97,427 | €84,535 | -€12,893 | -13.2% |
| Income taxes | 67/77 | €18,402 | €25,504 | +€7,103 | +38.6% |
| Profit (loss) for the period | 9904 | €79,026 | €59,031 | -€19,995 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,026 | €59,031 | -€19,995 | -25.3% |
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 9 October 2026 via checked.be.