OPJ PROMOTIONS: what changed
OPJ PROMOTIONS
Largest movements
- Receivables within one year -€45,276
down €45,276 (-86.3%), from €52,475 to €7,199
of which Other amounts receivable: -€40,000
- Tangible fixed assets +€24,072
up €24,072 (+10.1%), from €238,597 to €262,669
of which Furniture and vehicles: +€31,216
- Cash +€18,218
up €18,218 (+107%), from €17,100 to €35,319
mainly Net result for the year (+€120,215) and Receivables within one year (+€45,276)
- Reserves +€80,662
up €80,662 (+113%), from €71,538 to €152,200
of which Distributable reserves: +€80,662
- Short-term financial debts -€60,000
down €60,000 (-100%), from €60,000 to €0
- Current portion of long-term debt -€41,502
down €41,502 (-17.1%), from €242,655 to €201,153
- Profit (loss) carried forward +€39,554
up €39,554, from -€39,554 to €0
- Other debts -€27,729
down €27,729 (-24.4%), from €113,844 to €86,116
- Financial income +€134,139
up €134,139 (+12,894%), from €1,040 to €135,179
- Other operating charges -€19,375
down €19,375 (-89.1%), from €21,744 to €2,368
- Gross operating margin -€15,187
down €15,187 (-34.1%), from €44,516 to €29,329
- Financial charges +€12,864
up €12,864 (+118%), from €10,888 to €23,752
- Depreciation -€12,063
down €12,063 (-57.7%), from €20,914 to €8,850
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €588,416 | €584,387 | -€4,028 | -0.7% |
| Fixed assets | 21/28 | €516,377 | €540,448 | +€24,072 | +4.7% |
| Tangible fixed assets | 22/27 | €238,597 | €262,669 | +€24,072 | +10.1% |
| Land and buildings | 22 | €197,845 | €190,859 | -€6,986 | -3.5% |
| Plant, machinery and equipment | 23 | €159 | €0 | -€159 | -100% |
| Furniture and vehicles | 24 | €40,593 | €71,810 | +€31,216 | +76.9% |
| Financial fixed assets | 28 | €277,780 | €277,780 | = | 0.0% |
| Current assets | 29/58 | €72,039 | €43,939 | -€28,100 | -39.0% |
| Amounts receivable within one year | 40/41 | €52,475 | €7,199 | -€45,276 | -86.3% |
| Trade receivables | 40 | €12,475 | €7,199 | -€5,276 | -42.3% |
| Other amounts receivable | 41 | €40,000 | €0 | -€40,000 | -100% |
| Cash at bank and in hand | 54/58 | €17,100 | €35,319 | +€18,218 | +107% |
| Deferred charges and accrued income | 490/1 | €2,464 | €1,421 | -€1,043 | -42.3% |
| Total equity and liabilities | 10/49 | €588,416 | €584,387 | -€4,028 | -0.7% |
| Equity | 10/15 | €50,584 | €170,800 | +€120,215 | +238% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,538 | €152,200 | +€80,662 | +113% |
| Tax-exempt reserves | 132 | €77 | €77 | = | 0.0% |
| Distributable reserves | 133 | €71,461 | €152,122 | +€80,662 | +113% |
| Profit (loss) carried forward | 14 | -€39,554 | €0 | +€39,554 | |
| Amounts payable | 17/49 | €537,831 | €413,588 | -€124,244 | -23.1% |
| Amounts payable after more than one year | 17 | €106,074 | €104,921 | -€1,153 | -1.1% |
| Financial debts | 170/4 | €106,074 | €104,921 | -€1,153 | -1.1% |
| Amounts payable within one year | 42/48 | €429,471 | €302,180 | -€127,291 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €242,655 | €201,153 | -€41,502 | -17.1% |
| Financial debts | 43 | €60,000 | €0 | -€60,000 | -100% |
| Credit institutions | 430/8 | €60,000 | €0 | -€60,000 | -100% |
| Trade debts | 44 | €6,647 | €5,344 | -€1,302 | -19.6% |
| Suppliers | 440/4 | €6,647 | €5,344 | -€1,302 | -19.6% |
| Taxes, remuneration and social security | 45 | €6,325 | €9,567 | +€3,242 | +51.3% |
| Taxes | 450/3 | €3,373 | €6,595 | +€3,222 | +95.5% |
| Remuneration and social security | 454/9 | €2,952 | €2,972 | +€20 | +0.7% |
| Other amounts payable | 47/48 | €113,844 | €86,116 | -€27,729 | -24.4% |
| Accrued charges and deferred income | 492/3 | €2,287 | €6,487 | +€4,200 | +184% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,914 | €8,850 | -€12,063 | -57.7% |
| Other operating charges | 640/8 | €21,744 | €2,368 | -€19,375 | -89.1% |
| Non-recurring operating charges | 66A | - | €9,060 | +€9,060 | |
| Gross operating margin | 9900 | €44,516 | €29,329 | -€15,187 | -34.1% |
| Operating profit (loss) | 9901 | €1,859 | €9,050 | +€7,191 | +387% |
| Financial income | 75/76B | €1,040 | €135,179 | +€134,139 | +12,894% |
| Recurring financial income | 75 | €1,040 | €135,179 | +€134,139 | +12,894% |
| Financial charges | 65/66B | €10,888 | €23,752 | +€12,864 | +118% |
| Recurring financial charges | 65 | €10,888 | €23,752 | +€12,864 | +118% |
| Profit (loss) for the period before taxes | 9903 | -€7,988 | €120,478 | +€128,466 | |
| Income taxes | 67/77 | €280 | €262 | -€18 | -6.3% |
| Profit (loss) for the period | 9904 | -€8,268 | €120,215 | +€128,483 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,268 | €120,215 | +€128,483 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.