OPIS: 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.
OPIS
Largest movements
- Cash +€324,886
up €324,886 (+1,003%), from €32,399 to €357,285
mainly Current investments (+€225,000) and Net result for the year (+€62,548)
- Current investments -€225,000
no longer reported in 2025 (was €225,000)
- Receivables within one year -€48,308
down €48,308 (-42.5%), from €113,663 to €65,355
of which Trade receivables: -€61,431
- Tangible fixed assets -€42,969
down €42,969 (-25.9%), from €166,149 to €123,181
- Profit (loss) carried forward +€62,548
new in 2025: €62,548
- Debts after one year -€27,578
down €27,578 (-24.2%), from €113,759 to €86,181
- Tax, wage and social debts -€19,682
down €19,682 (-54.9%), from €35,860 to €16,178
of which Taxes: -€22,737
- Current portion of long-term debt -€12,908
down €12,908 (-31.9%), from €40,487 to €27,578
- Gross operating margin -€90,094
down €90,094 (-41.1%), from €219,153 to €129,059
- Taxes -€25,490
down €25,490 (-59.0%), from €43,233 to €17,743
- Depreciation +€24,782
up €24,782 (+119%), from €20,795 to €45,577
- Financial charges +€3,803
up €3,803 (+238%), from €1,598 to €5,401
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 | €542,128 | €551,143 | +€9,015 | +1.7% |
| Fixed assets | 21/28 | €166,149 | €123,181 | -€42,969 | -25.9% |
| Tangible fixed assets | 22/27 | €166,149 | €123,181 | -€42,969 | -25.9% |
| Leasing and similar rights | 25 | €166,149 | €123,181 | -€42,969 | -25.9% |
| Current assets | 29/58 | €375,979 | €427,962 | +€51,983 | +13.8% |
| Amounts receivable within one year | 40/41 | €113,663 | €65,355 | -€48,308 | -42.5% |
| Trade receivables | 40 | €113,663 | €52,231 | -€61,431 | -54.0% |
| Other amounts receivable | 41 | - | €13,124 | +€13,124 | |
| Current investments | 50/53 | €225,000 | - | -€225,000 | |
| Cash at bank and in hand | 54/58 | €32,399 | €357,285 | +€324,886 | +1,003% |
| Deferred charges and accrued income | 490/1 | €4,917 | €5,322 | +€405 | +8.2% |
| Total equity and liabilities | 10/49 | €542,128 | €551,143 | +€9,015 | +1.7% |
| Equity | 10/15 | €323,918 | €386,466 | +€62,548 | +19.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €318,918 | €318,918 | = | 0.0% |
| Distributable reserves | 133 | €318,918 | €318,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €62,548 | +€62,548 | |
| Amounts payable | 17/49 | €218,210 | €164,677 | -€53,533 | -24.5% |
| Amounts payable after more than one year | 17 | €113,759 | €86,181 | -€27,578 | -24.2% |
| Financial debts | 170/4 | €113,759 | €86,181 | -€27,578 | -24.2% |
| Amounts payable within one year | 42/48 | €104,450 | €78,496 | -€25,954 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €40,487 | €27,578 | -€12,908 | -31.9% |
| Trade debts | 44 | €9,933 | €15,419 | +€5,486 | +55.2% |
| Suppliers | 440/4 | €9,933 | €15,419 | +€5,486 | +55.2% |
| Taxes, remuneration and social security | 45 | €35,860 | €16,178 | -€19,682 | -54.9% |
| Taxes | 450/3 | €33,679 | €10,942 | -€22,737 | -67.5% |
| Remuneration and social security | 454/9 | €2,181 | €5,236 | +€3,055 | +140% |
| Other amounts payable | 47/48 | €18,171 | €19,321 | +€1,150 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,795 | €45,577 | +€24,782 | +119% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €219,153 | €129,059 | -€90,094 | -41.1% |
| Operating profit (loss) | 9901 | €197,971 | €83,082 | -€114,888 | -58.0% |
| Financial income | 75/76B | €4,735 | €2,609 | -€2,126 | -44.9% |
| Recurring financial income | 75 | €4,735 | €2,609 | -€2,126 | -44.9% |
| Financial charges | 65/66B | €1,598 | €5,401 | +€3,803 | +238% |
| Recurring financial charges | 65 | €1,598 | €5,401 | +€3,803 | +238% |
| Profit (loss) for the period before taxes | 9903 | €201,107 | €80,290 | -€120,817 | -60.1% |
| Income taxes | 67/77 | €43,233 | €17,743 | -€25,490 | -59.0% |
| Profit (loss) for the period | 9904 | €157,874 | €62,548 | -€95,326 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €157,874 | €62,548 | -€95,326 | -60.4% |
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.