OPHTASER sprl: 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.
OPHTASER sprl
Largest movements
- Receivables after one year -€282,750
down €282,750 (-93.8%), from €301,439 to €18,689
- Cash -€91,234
down €91,234 (-26.4%), from €345,850 to €254,616
mainly Contributions, distributions and other (-€375,000) and Receivables within one year (-€78,279)
- Receivables within one year +€78,279
new in 2025: €78,279
- Tangible fixed assets -€9,779
down €9,779 (-9.9%), from €98,739 to €88,961
of which Land and buildings: -€9,115
- Deferred charges and accrued income -€9,400
down €9,400 (-13.8%), from €67,868 to €58,469
- Profit (loss) carried forward -€240,203
down €240,203 (-50.9%), from €471,571 to €231,368
- Tax, wage and social debts -€54,837
down €54,837 (-28.6%), from €191,952 to €137,115
of which Taxes: -€58,606
- Trade debts -€9,036
down €9,036 (-45.7%), from €19,794 to €10,757
- Gross operating margin -€118,150
down €118,150 (-39.3%), from €300,450 to €182,300
- Taxes -€35,936
down €35,936 (-47.9%), from €75,021 to €39,085
- Financial income -€4,670
down €4,670 (-26.7%), from €17,521 to €12,852
- Other operating charges +€3,215
up €3,215 (+266%), from €1,209 to €4,424
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 | €813,897 | €499,013 | -€314,884 | -38.7% |
| Fixed assets | 21/28 | €98,739 | €88,961 | -€9,779 | -9.9% |
| Tangible fixed assets | 22/27 | €98,739 | €88,961 | -€9,779 | -9.9% |
| Land and buildings | 22 | €78,213 | €69,098 | -€9,115 | -11.7% |
| Plant, machinery and equipment | 23 | €12,561 | €11,336 | -€1,225 | -9.8% |
| Furniture and vehicles | 24 | €3,561 | €6,324 | +€2,764 | +77.6% |
| Other tangible fixed assets | 26 | €4,405 | €2,203 | -€2,202 | -50.0% |
| Current assets | 29/58 | €715,157 | €410,053 | -€305,105 | -42.7% |
| Amounts receivable after more than one year | 29 | €301,439 | €18,689 | -€282,750 | -93.8% |
| Other amounts receivable | 291 | €301,439 | €18,689 | -€282,750 | -93.8% |
| Amounts receivable within one year | 40/41 | - | €78,279 | +€78,279 | |
| Other amounts receivable | 41 | - | €78,279 | +€78,279 | |
| Cash at bank and in hand | 54/58 | €345,850 | €254,616 | -€91,234 | -26.4% |
| Deferred charges and accrued income | 490/1 | €67,868 | €58,469 | -€9,400 | -13.8% |
| Total equity and liabilities | 10/49 | €813,897 | €499,013 | -€314,884 | -38.7% |
| Equity | 10/15 | €492,031 | €251,828 | -€240,203 | -48.8% |
| 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 | €471,571 | €231,368 | -€240,203 | -50.9% |
| Amounts payable | 17/49 | €321,866 | €247,186 | -€74,680 | -23.2% |
| Amounts payable after more than one year | 17 | €38,548 | €32,661 | -€5,887 | -15.3% |
| Financial debts | 170/4 | €38,548 | €32,661 | -€5,887 | -15.3% |
| Amounts payable within one year | 42/48 | €282,033 | €214,524 | -€67,509 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €10,288 | €6,652 | -€3,636 | -35.3% |
| Trade debts | 44 | €19,794 | €10,757 | -€9,036 | -45.7% |
| Suppliers | 440/4 | €19,794 | €10,757 | -€9,036 | -45.7% |
| Taxes, remuneration and social security | 45 | €191,952 | €137,115 | -€54,837 | -28.6% |
| Taxes | 450/3 | €191,952 | €133,346 | -€58,606 | -30.5% |
| Remuneration and social security | 454/9 | - | €3,769 | +€3,769 | |
| Other amounts payable | 47/48 | €60,000 | €60,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,284 | - | -€1,284 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,960 | €14,301 | +€341 | +2.4% |
| Other operating charges | 640/8 | €1,209 | €4,424 | +€3,215 | +266% |
| Gross operating margin | 9900 | €300,450 | €182,300 | -€118,150 | -39.3% |
| Operating profit (loss) | 9901 | €285,282 | €163,575 | -€121,707 | -42.7% |
| Financial income | 75/76B | €17,521 | €12,852 | -€4,670 | -26.7% |
| Recurring financial income | 75 | €17,521 | €12,852 | -€4,670 | -26.7% |
| Financial charges | 65/66B | €1,197 | €2,544 | +€1,347 | +113% |
| Recurring financial charges | 65 | €1,197 | €2,544 | +€1,347 | +113% |
| Profit (loss) for the period before taxes | 9903 | €301,606 | €173,882 | -€127,724 | -42.3% |
| Income taxes | 67/77 | €75,021 | €39,085 | -€35,936 | -47.9% |
| Profit (loss) for the period | 9904 | €226,584 | €134,797 | -€91,788 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €226,584 | €134,797 | -€91,788 | -40.5% |
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 1 November 2026 via checked.be.