OPIR: 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.
OPIR
Largest movements
- Stocks and contracts -€95,989
down €95,989 (-27.1%), from €354,696 to €258,707
- Receivables within one year +€71,987
up €71,987 (+49.2%), from €146,415 to €218,402
of which Other amounts receivable: +€48,281
- Cash +€7,606
up €7,606 (+161489.0%), from €5 to €7,611
mainly Stocks and contracts (+€95,989) and Net result for the year (+€27,883)
- Other debts -€35,689
down €35,689 (-8.4%), from €427,391 to €391,702
- Profit (loss) carried forward +€27,883
up €27,883 (+18.9%), from -€147,631 to -€119,747
- Trade debts -€9,705
down €9,705 (-100.0%), from €9,705 to €0
- Gross operating margin +€19,791
up €19,791 (+138.8%), from €14,262 to €34,053
- Financial charges -€595
down €595 (-22.3%), from €2,668 to €2,073
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 | €510,800 | €492,371 | -€18,428 | -3.6% |
| Fixed assets | 21/28 | €7,440 | €4,893 | -€2,548 | -34.2% |
| Tangible fixed assets | 22/27 | €7,440 | €4,893 | -€2,548 | -34.2% |
| Furniture and vehicles | 24 | €7,440 | €4,893 | -€2,548 | -34.2% |
| Current assets | 29/58 | €503,359 | €487,479 | -€15,881 | -3.2% |
| Stocks and contracts in progress | 3 | €354,696 | €258,707 | -€95,989 | -27.1% |
| Stocks | 30/36 | €354,696 | €258,707 | -€95,989 | -27.1% |
| Amounts receivable within one year | 40/41 | €146,415 | €218,402 | +€71,987 | +49.2% |
| Trade receivables | 40 | €34,557 | €58,264 | +€23,707 | +68.6% |
| Other amounts receivable | 41 | €111,858 | €160,138 | +€48,281 | +43.2% |
| Cash at bank and in hand | 54/58 | €5 | €7,611 | +€7,606 | +161489.0% |
| Deferred charges and accrued income | 490/1 | €2,244 | €2,759 | +€515 | +23.0% |
| Total equity and liabilities | 10/49 | €510,800 | €492,371 | -€18,428 | -3.6% |
| Equity | 10/15 | €71,932 | €99,815 | +€27,883 | +38.8% |
| Contributions | 10/11 | €203,907 | €203,907 | = | 0.0% |
| Capital | 10 | €203,907 | €203,907 | = | 0.0% |
| Issued capital | 100 | €203,907 | €203,907 | = | 0.0% |
| Reserves | 13 | €15,655 | €15,655 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,655 | €15,655 | = | 0.0% |
| Legal reserve | 130 | €15,655 | €15,655 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,631 | -€119,747 | +€27,883 | +18.9% |
| Amounts payable | 17/49 | €438,868 | €392,556 | -€46,311 | -10.6% |
| Amounts payable within one year | 42/48 | €437,963 | €392,556 | -€45,406 | -10.4% |
| Trade debts | 44 | €9,705 | €0 | -€9,705 | -100.0% |
| Suppliers | 440/4 | €9,705 | €0 | -€9,705 | -100.0% |
| Taxes, remuneration and social security | 45 | €867 | €855 | -€12 | -1.4% |
| Taxes | 450/3 | €867 | €855 | -€12 | -1.4% |
| Other amounts payable | 47/48 | €427,391 | €391,702 | -€35,689 | -8.4% |
| Accrued charges and deferred income | 492/3 | €905 | €0 | -€905 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,548 | €2,548 | = | 0.0% |
| Other operating charges | 640/8 | €795 | €695 | -€100 | -12.6% |
| Gross operating margin | 9900 | €14,262 | €34,053 | +€19,791 | +138.8% |
| Operating profit (loss) | 9901 | €10,919 | €30,811 | +€19,892 | +182.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,668 | €2,073 | -€595 | -22.3% |
| Recurring financial charges | 65 | €2,668 | €2,073 | -€595 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €8,251 | €28,738 | +€20,487 | +248.3% |
| Income taxes | 67/77 | €867 | €855 | -€12 | -1.4% |
| Profit (loss) for the period | 9904 | €7,384 | €27,883 | +€20,499 | +277.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,384 | €27,883 | +€20,499 | +277.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.