OphtAdF: 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.
OphtAdF
Largest movements
- Cash -€128,125
down €128,125 (-48.1%), from €266,279 to €138,154
mainly Contributions, distributions and other (-€237,370) and Other debts (-€99,686)
- Deferred charges and accrued income +€19,688
up €19,688 (+31.8%), from €61,986 to €81,674
- Tangible fixed assets -€14,841
down €14,841 (-11.4%), from €130,262 to €115,422
of which Land and buildings: -€8,309
- Other debts -€99,686
down €99,686 (-27.7%), from €359,339 to €259,654
- Debts after one year -€12,024
down €12,024 (-18.7%), from €64,449 to €52,425
- Tax, wage and social debts -€8,988
down €8,988 (-58.3%), from €15,418 to €6,430
of which Taxes: -€9,208
- Gross operating margin +€63,588
up €63,588 (+21.7%), from €292,605 to €356,192
- Taxes +€15,543
up €15,543 (+26.3%), from €59,208 to €74,752
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 | €476,691 | €352,335 | -€124,356 | -26.1% |
| Fixed assets | 21/28 | €130,262 | €115,422 | -€14,841 | -11.4% |
| Tangible fixed assets | 22/27 | €130,262 | €115,422 | -€14,841 | -11.4% |
| Land and buildings | 22 | €115,792 | €107,482 | -€8,309 | -7.2% |
| Plant, machinery and equipment | 23 | €14,471 | €7,940 | -€6,531 | -45.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €346,429 | €236,913 | -€109,516 | -31.6% |
| Amounts receivable within one year | 40/41 | €18,163 | €17,085 | -€1,078 | -5.9% |
| Trade receivables | 40 | €18,163 | €16,837 | -€1,327 | -7.3% |
| Other amounts receivable | 41 | €0 | €248 | +€248 | |
| Cash at bank and in hand | 54/58 | €266,279 | €138,154 | -€128,125 | -48.1% |
| Deferred charges and accrued income | 490/1 | €61,986 | €81,674 | +€19,688 | +31.8% |
| Total equity and liabilities | 10/49 | €476,691 | €352,335 | -€124,356 | -26.1% |
| Equity | 10/15 | €20,502 | €20,462 | -€40 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42 | €2 | -€40 | -95.3% |
| Amounts payable | 17/49 | €456,189 | €331,873 | -€124,317 | -27.3% |
| Amounts payable after more than one year | 17 | €64,449 | €52,425 | -€12,024 | -18.7% |
| Financial debts | 170/4 | €64,449 | €52,425 | -€12,024 | -18.7% |
| Amounts payable within one year | 42/48 | €391,678 | €279,395 | -€112,283 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €12,896 | €13,021 | +€126 | +1.0% |
| Trade debts | 44 | €4,024 | €290 | -€3,734 | -92.8% |
| Suppliers | 440/4 | €4,024 | €290 | -€3,734 | -92.8% |
| Taxes, remuneration and social security | 45 | €15,418 | €6,430 | -€8,988 | -58.3% |
| Taxes | 450/3 | €9,208 | €0 | -€9,208 | -100.0% |
| Remuneration and social security | 454/9 | €6,210 | €6,430 | +€220 | +3.5% |
| Other amounts payable | 47/48 | €359,339 | €259,654 | -€99,686 | -27.7% |
| Accrued charges and deferred income | 492/3 | €63 | €53 | -€10 | -15.4% |
| Remuneration, social security and pensions | 62 | €24,584 | €25,178 | +€593 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,849 | €14,841 | +€992 | +7.2% |
| Other operating charges | 640/8 | €2,811 | €2,605 | -€206 | -7.3% |
| Gross operating margin | 9900 | €292,605 | €356,192 | +€63,588 | +21.7% |
| Operating profit (loss) | 9901 | €251,360 | €313,569 | +€62,209 | +24.7% |
| Financial charges | 65/66B | €1,584 | €1,487 | -€97 | -6.1% |
| Recurring financial charges | 65 | €1,584 | €1,487 | -€97 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €249,777 | €312,082 | +€62,305 | +24.9% |
| Income taxes | 67/77 | €59,208 | €74,752 | +€15,543 | +26.3% |
| Profit (loss) for the period | 9904 | €190,568 | €237,330 | +€46,762 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €190,568 | €237,330 | +€46,762 | +24.5% |
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 5 October 2026 via checked.be.