Ophtala: 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.
Ophtala
Largest movements
- Tangible fixed assets +€379,346
up €379,346 (+462.4%), from €82,038 to €461,383
of which Land and buildings: +€297,935
- Receivables within one year -€87,260
no longer reported in 2025 (was €87,260)
- Cash -€63,179
down €63,179 (-67.9%), from €93,073 to €29,894
mainly Investment in fixed assets (net) (-€403,893) and Other debts (-€156,054)
- Deferred charges and accrued income +€16,524
up €16,524 (+875.8%), from €1,887 to €18,411
- Intangible fixed assets -€8,000
no longer reported in 2025 (was €8,000)
- Debts after one year +€216,966
new in 2025: €216,966
- Other debts -€156,054
down €156,054 (-88.7%), from €175,938 to €19,884
- Trade debts +€82,064
up €82,064 (+2846.4%), from €2,883 to €84,947
- Tax, wage and social debts +€58,885
up €58,885 (+141.4%), from €41,640 to €100,525
- Reserves +€54,150
up €54,150 (+2911.3%), from €1,860 to €56,010
of which Distributable reserves: +€54,150
- Depreciation -€120,356
down €120,356 (-78.7%), from €152,904 to €32,548
- Other operating charges +€45,331
up €45,331 (+3842.2%), from €1,180 to €46,511
- Taxes +€18,944
up €18,944 (+47.5%), from €39,907 to €58,851
- Gross operating margin -€15,726
down €15,726 (-4.9%), from €323,200 to €307,474
- Financial charges +€7,264
up €7,264 (+374.6%), from €1,939 to €9,204
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 | €272,257 | €509,688 | +€237,431 | +87.2% |
| Fixed assets | 21/28 | €90,038 | €461,383 | +€371,346 | +412.4% |
| Intangible fixed assets | 21 | €8,000 | - | -€8,000 | |
| Tangible fixed assets | 22/27 | €82,038 | €461,383 | +€379,346 | +462.4% |
| Land and buildings | 22 | €13,388 | €311,322 | +€297,935 | +2225.5% |
| Furniture and vehicles | 24 | €22,167 | €20,110 | -€2,057 | -9.3% |
| Other tangible fixed assets | 26 | €46,483 | €129,951 | +€83,468 | +179.6% |
| Current assets | 29/58 | €182,220 | €48,305 | -€133,915 | -73.5% |
| Amounts receivable within one year | 40/41 | €87,260 | - | -€87,260 | |
| Other amounts receivable | 41 | €87,260 | - | -€87,260 | |
| Cash at bank and in hand | 54/58 | €93,073 | €29,894 | -€63,179 | -67.9% |
| Deferred charges and accrued income | 490/1 | €1,887 | €18,411 | +€16,524 | +875.8% |
| Total equity and liabilities | 10/49 | €272,257 | €509,688 | +€237,431 | +87.2% |
| Equity | 10/15 | €20,460 | €74,610 | +€54,150 | +264.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €56,010 | +€54,150 | +2911.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €54,150 | +€54,150 | |
| Amounts payable | 17/49 | €251,797 | €435,078 | +€183,281 | +72.8% |
| Amounts payable after more than one year | 17 | - | €216,966 | +€216,966 | |
| Financial debts | 170/4 | - | €216,966 | +€216,966 | |
| Amounts payable within one year | 42/48 | €251,797 | €218,113 | -€33,684 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €31,337 | €12,756 | -€18,580 | -59.3% |
| Trade debts | 44 | €2,883 | €84,947 | +€82,064 | +2846.4% |
| Suppliers | 440/4 | €2,883 | €84,947 | +€82,064 | +2846.4% |
| Taxes, remuneration and social security | 45 | €41,640 | €100,525 | +€58,885 | +141.4% |
| Taxes | 450/3 | €41,640 | €100,525 | +€58,885 | +141.4% |
| Other amounts payable | 47/48 | €175,938 | €19,884 | -€156,054 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,904 | €32,548 | -€120,356 | -78.7% |
| Other operating charges | 640/8 | €1,180 | €46,511 | +€45,331 | +3842.2% |
| Gross operating margin | 9900 | €323,200 | €307,474 | -€15,726 | -4.9% |
| Operating profit (loss) | 9901 | €169,117 | €228,416 | +€59,299 | +35.1% |
| Financial income | 75/76B | €2,679 | €2,789 | +€110 | +4.1% |
| Recurring financial income | 75 | €2,679 | €2,789 | +€110 | +4.1% |
| Financial charges | 65/66B | €1,939 | €9,204 | +€7,264 | +374.6% |
| Recurring financial charges | 65 | €1,939 | €9,204 | +€7,264 | +374.6% |
| Profit (loss) for the period before taxes | 9903 | €169,856 | €222,001 | +€52,145 | +30.7% |
| Income taxes | 67/77 | €39,907 | €58,851 | +€18,944 | +47.5% |
| Profit (loss) for the period | 9904 | €129,950 | €163,150 | +€33,200 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €129,950 | €163,150 | +€33,200 | +25.5% |
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 12 October 2026 via checked.be.