OPIO: 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.
OPIO
Largest movements
- Cash -€83,774
down €83,774 (-45.9%), from €182,634 to €98,860
mainly Net result for the year (-€81,498) and Other debts (-€39,028)
- Tangible fixed assets -€31,142
down €31,142 (-3.2%), from €976,139 to €944,997
of which Land and buildings: -€37,525
- Receivables within one year -€23,541
down €23,541 (-98.5%), from €23,896 to €354
of which Other amounts receivable: -€23,896
- Profit (loss) carried forward -€81,498
down €81,498 (-8.9%), from €911,620 to €830,121
- Other debts -€39,028
down €39,028 (-100%), from €39,028 to €0
- Current portion of long-term debt -€19,202
down €19,202 (-100%), from €19,202 to €0
- Financial income -€749,169
no longer reported in 2025 (was €749,169)
of which Non-recurring financial income: -€749,169
- Taxes -€156,111
down €156,111, from €156,110 to -€1
- Purchases and services -€34,130
down €34,130 (-33.5%), from €101,968 to €67,838
- Staff costs -€12,374
down €12,374, from €12,168 to -€206
- Gross operating margin +€10,802
up €10,802 (+35.1%), from -€30,761 to -€19,958
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 | €1,378,888 | €1,240,617 | -€138,270 | -10.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,166,314 | €1,135,172 | -€31,142 | -2.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €976,139 | €944,997 | -€31,142 | -3.2% |
| Land and buildings | 22 | €954,813 | €917,288 | -€37,525 | -3.9% |
| Furniture and vehicles | 24 | €21,325 | €27,709 | +€6,383 | +29.9% |
| Financial fixed assets | 28 | €190,175 | €190,175 | = | 0.0% |
| Current assets | 29/58 | €212,574 | €105,446 | -€107,128 | -50.4% |
| Amounts receivable within one year | 40/41 | €23,896 | €354 | -€23,541 | -98.5% |
| Trade receivables | 40 | €0 | €354 | +€354 | |
| Other amounts receivable | 41 | €23,896 | €0 | -€23,896 | -100% |
| Current investments | 50/53 | €2,890 | €2,890 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €182,634 | €98,860 | -€83,774 | -45.9% |
| Deferred charges and accrued income | 490/1 | €3,155 | €3,342 | +€187 | +5.9% |
| Total equity and liabilities | 10/49 | €1,378,888 | €1,240,617 | -€138,270 | -10.0% |
| Equity | 10/15 | €1,316,027 | €1,234,529 | -€81,498 | -6.2% |
| Contributions | 10/11 | €173,525 | €173,525 | = | 0.0% |
| Capital | 10 | €173,525 | €173,525 | = | 0.0% |
| Issued capital | 100 | €173,525 | €173,525 | = | 0.0% |
| Revaluation surpluses | 12 | €189,175 | €189,175 | = | 0.0% |
| Reserves | 13 | €41,707 | €41,707 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,353 | €17,353 | = | 0.0% |
| Legal reserve | 130 | €17,353 | €17,353 | = | 0.0% |
| Distributable reserves | 133 | €24,355 | €24,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | €911,620 | €830,121 | -€81,498 | -8.9% |
| Amounts payable | 17/49 | €62,861 | €6,089 | -€56,772 | -90.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €62,861 | €6,089 | -€56,772 | -90.3% |
| Current portion of amounts payable after more than one year | 42 | €19,202 | €0 | -€19,202 | -100% |
| Trade debts | 44 | €4,631 | €6,042 | +€1,411 | +30.5% |
| Suppliers | 440/4 | €4,631 | €6,042 | +€1,411 | +30.5% |
| Taxes, remuneration and social security | 45 | €0 | €47 | +€47 | |
| Taxes | 450/3 | €0 | €47 | +€47 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €39,028 | €0 | -€39,028 | -100% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Turnover | 70 | €10,066 | €2,463 | -€7,603 | -75.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €101,968 | €67,838 | -€34,130 | -33.5% |
| Remuneration, social security and pensions | 62 | €12,168 | -€206 | -€12,374 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,843 | €50,069 | -€2,774 | -5.2% |
| Other operating charges | 640/8 | €16,657 | €8,426 | -€8,231 | -49.4% |
| Gross operating margin | 9900 | -€30,761 | -€19,958 | +€10,802 | +35.1% |
| Operating profit (loss) | 9901 | -€112,428 | -€78,247 | +€34,181 | +30.4% |
| Financial income | 75/76B | €749,169 | - | -€749,169 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €749,169 | - | -€749,169 | |
| Financial charges | 65/66B | €4,744 | €3,252 | -€1,492 | -31.5% |
| Recurring financial charges | 65 | €4,744 | €3,252 | -€1,492 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €631,997 | -€81,499 | -€713,496 | |
| Income taxes | 67/77 | €156,110 | -€1 | -€156,111 | |
| Profit (loss) for the period | 9904 | €475,887 | -€81,498 | -€557,385 | |
| Profit (loss) for the period to be appropriated | 9905 | €475,887 | -€81,498 | -€557,385 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.