OPITZ A.: what changed
Two fiscal 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.
OPITZ A.
Largest movements
- Cash -€13,439
down €13,439 (-42.1%), from €31,929 to €18,490
mainly Investment in fixed assets (net) (-€20,364) and Contributions, distributions and other (-€20,000)
- Receivables within one year -€5,819
down €5,819 (-12.8%), from €45,316 to €39,496
of which Other amounts receivable: -€7,054
- Tangible fixed assets -€4,507
down €4,507 (-7.6%), from €59,092 to €54,585
- Profit (loss) carried forward -€20,000
down €20,000 (-38.8%), from €51,523 to €31,523
- Debts after one year -€8,587
down €8,587 (-81.6%), from €10,524 to €1,937
- Trade debts -€8,303
down €8,303 (-90.6%), from €9,162 to €859
- Reserves +€7,905
up €7,905 (+43.6%), from €18,150 to €26,055
- Current portion of long-term debt -€7,066
down €7,066 (-41.7%), from €16,930 to €9,864
- Gross operating margin -€24,946
down €24,946 (-40.3%), from €61,927 to €36,981
- Depreciation -€7,983
down €7,983 (-24.3%), from €32,855 to €24,871
- Taxes -€6,457
down €6,457 (-73.9%), from €8,744 to €2,286
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 | €152,642 | €129,050 | -€23,592 | -15.5% |
| Fixed assets | 21/28 | €74,092 | €69,585 | -€4,507 | -6.1% |
| Tangible fixed assets | 22/27 | €59,092 | €54,585 | -€4,507 | -7.6% |
| Plant, machinery and equipment | 23 | €8,009 | €6,008 | -€2,001 | -25.0% |
| Furniture and vehicles | 24 | €43,959 | €43,400 | -€559 | -1.3% |
| Other tangible fixed assets | 26 | €7,124 | €5,177 | -€1,947 | -27.3% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €78,550 | €59,466 | -€19,085 | -24.3% |
| Amounts receivable within one year | 40/41 | €45,316 | €39,496 | -€5,819 | -12.8% |
| Trade receivables | 40 | €38,262 | €39,496 | +€1,235 | +3.2% |
| Other amounts receivable | 41 | €7,054 | - | -€7,054 | |
| Cash at bank and in hand | 54/58 | €31,929 | €18,490 | -€13,439 | -42.1% |
| Deferred charges and accrued income | 490/1 | €1,306 | €1,480 | +€174 | +13.3% |
| Total equity and liabilities | 10/49 | €152,642 | €129,050 | -€23,592 | -15.5% |
| Equity | 10/15 | €84,033 | €71,938 | -€12,095 | -14.4% |
| Contributions | 10/11 | €14,360 | €14,360 | = | 0.0% |
| Reserves | 13 | €18,150 | €26,055 | +€7,905 | +43.6% |
| Distributable reserves | 133 | €18,150 | €26,055 | +€7,905 | +43.6% |
| Profit (loss) carried forward | 14 | €51,523 | €31,523 | -€20,000 | -38.8% |
| Amounts payable | 17/49 | €68,609 | €57,112 | -€11,497 | -16.8% |
| Amounts payable after more than one year | 17 | €10,524 | €1,937 | -€8,587 | -81.6% |
| Financial debts | 170/4 | €10,524 | €1,937 | -€8,587 | -81.6% |
| Amounts payable within one year | 42/48 | €55,816 | €52,119 | -€3,697 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €16,930 | €9,864 | -€7,066 | -41.7% |
| Trade debts | 44 | €9,162 | €859 | -€8,303 | -90.6% |
| Suppliers | 440/4 | €9,162 | €859 | -€8,303 | -90.6% |
| Taxes, remuneration and social security | 45 | €8,224 | €12,987 | +€4,762 | +57.9% |
| Taxes | 450/3 | €8,224 | €10,487 | +€2,262 | +27.5% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €21,500 | €28,410 | +€6,910 | +32.1% |
| Accrued charges and deferred income | 492/3 | €2,269 | €3,055 | +€786 | +34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,855 | €24,871 | -€7,983 | -24.3% |
| Other operating charges | 640/8 | €727 | €377 | -€350 | -48.1% |
| Gross operating margin | 9900 | €61,927 | €36,981 | -€24,946 | -40.3% |
| Operating profit (loss) | 9901 | €28,345 | €11,733 | -€16,613 | -58.6% |
| Financial income | 75/76B | €64 | €79 | +€15 | +24.1% |
| Recurring financial income | 75 | €64 | €79 | +€15 | +24.1% |
| Financial charges | 65/66B | €1,514 | €1,621 | +€106 | +7.0% |
| Recurring financial charges | 65 | €1,514 | €1,621 | +€106 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €26,895 | €10,192 | -€16,703 | -62.1% |
| Income taxes | 67/77 | €8,744 | €2,286 | -€6,457 | -73.9% |
| Profit (loss) for the period | 9904 | €18,151 | €7,905 | -€10,246 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,151 | €7,905 | -€10,246 | -56.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.