OPHTASENS: 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.
OPHTASENS
Largest movements
- Cash +€84,065
up €84,065 (+49.3%), from €170,495 to €254,561
mainly Net result for the year (+€54,853) and Other debts (+€54,566)
- Deferred charges and accrued income -€20,610
down €20,610 (-76.0%), from €27,119 to €6,509
- Receivables within one year -€3,700
down €3,700 (-85.2%), from €4,344 to €643
- Other debts +€54,566
up €54,566 (+50,314%), from €108 to €54,674
- Tax, wage and social debts +€13,125
up €13,125 (+96.4%), from €13,610 to €26,735
- Trade debts -€9,988
down €9,988 (-81.8%), from €12,207 to €2,219
- Gross operating margin -€54,555
down €54,555 (-39.7%), from €137,386 to €82,831
- Taxes -€22,172
down €22,172 (-56.7%), from €39,089 to €16,918
- Depreciation +€5,812
up €5,812 (+195%), from €2,987 to €8,799
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 | €235,573 | €293,275 | +€57,703 | +24.5% |
| Fixed assets | 21/28 | €33,615 | €31,563 | -€2,053 | -6.1% |
| Intangible fixed assets | 21 | €5,008 | €4,006 | -€1,002 | -20.0% |
| Tangible fixed assets | 22/27 | €28,607 | €27,557 | -€1,050 | -3.7% |
| Plant, machinery and equipment | 23 | €11,671 | €10,076 | -€1,594 | -13.7% |
| Furniture and vehicles | 24 | €4,398 | €4,694 | +€296 | +6.7% |
| Other tangible fixed assets | 26 | €12,539 | €12,787 | +€248 | +2.0% |
| Current assets | 29/58 | €201,958 | €261,713 | +€59,755 | +29.6% |
| Amounts receivable within one year | 40/41 | €4,344 | €643 | -€3,700 | -85.2% |
| Other amounts receivable | 41 | €4,344 | €643 | -€3,700 | -85.2% |
| Cash at bank and in hand | 54/58 | €170,495 | €254,561 | +€84,065 | +49.3% |
| Deferred charges and accrued income | 490/1 | €27,119 | €6,509 | -€20,610 | -76.0% |
| Total equity and liabilities | 10/49 | €235,573 | €293,275 | +€57,703 | +24.5% |
| Equity | 10/15 | €209,648 | €209,648 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €204,648 | €204,648 | = | 0.0% |
| Distributable reserves | 133 | €204,648 | €204,648 | = | 0.0% |
| Amounts payable | 17/49 | €25,925 | €83,628 | +€57,703 | +223% |
| Amounts payable within one year | 42/48 | €25,925 | €83,628 | +€57,703 | +223% |
| Trade debts | 44 | €12,207 | €2,219 | -€9,988 | -81.8% |
| Suppliers | 440/4 | €12,207 | €2,219 | -€9,988 | -81.8% |
| Taxes, remuneration and social security | 45 | €13,610 | €26,735 | +€13,125 | +96.4% |
| Taxes | 450/3 | €13,610 | €26,735 | +€13,125 | +96.4% |
| Other amounts payable | 47/48 | €108 | €54,674 | +€54,566 | +50,314% |
| Remuneration, social security and pensions | 62 | €879 | €1,520 | +€642 | +73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,987 | €8,799 | +€5,812 | +195% |
| Other operating charges | 640/8 | €481 | €677 | +€196 | +40.7% |
| Gross operating margin | 9900 | €137,386 | €82,831 | -€54,555 | -39.7% |
| Operating profit (loss) | 9901 | €133,040 | €71,835 | -€61,205 | -46.0% |
| Financial income | 75/76B | €23 | €13 | -€10 | -42.8% |
| Recurring financial income | 75 | €23 | €13 | -€10 | -42.8% |
| Financial charges | 65/66B | €114 | €78 | -€37 | -32.1% |
| Recurring financial charges | 65 | €114 | €78 | -€37 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €132,949 | €71,771 | -€61,178 | -46.0% |
| Income taxes | 67/77 | €39,089 | €16,918 | -€22,172 | -56.7% |
| Profit (loss) for the period | 9904 | €93,860 | €54,853 | -€39,007 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,860 | €54,853 | -€39,007 | -41.6% |
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 15 October 2026 via checked.be.