Opmerkelijk: 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.
Opmerkelijk
Largest movements
- Receivables within one year +€21,403
up €21,403 (+56.7%), from €37,763 to €59,166
of which Trade receivables: +€33,653
- Deferred charges and accrued income +€15,948
up €15,948 (+77.9%), from €20,466 to €36,413
- Cash -€12,903
down €12,903 (-45.7%), from €28,223 to €15,320
mainly Receivables within one year (-€21,403) and Deferred charges and accrued income (-€15,948)
- Tangible fixed assets -€4,587
down €4,587 (-19.5%), from €23,560 to €18,972
of which Land and buildings: -€4,520
- Stocks and contracts +€3,339
up €3,339 (+141%), from €2,363 to €5,702
- Short-term financial debts +€18,007
new in 2025: €18,007
- Tax, wage and social debts +€8,951
up €8,951 (+88.3%), from €10,142 to €19,093
of which Remuneration and social security: +€5,452
- Profit (loss) carried forward +€4,961
up €4,961 (+137%), from €3,626 to €8,586
- Other debts -€2,265
down €2,265 (-74.7%), from €3,032 to €766
- Debts after one year -€1,412
down €1,412 (-100%), from €1,412 to €0
- Staff costs +€34,187
up €34,187 (+39.5%), from €86,462 to €120,649
- Gross operating margin +€34,011
up €34,011 (+30.9%), from €110,014 to €144,025
- Depreciation -€1,696
down €1,696 (-18.6%), from €9,133 to €7,437
- Financial charges +€1,614
up €1,614 (+81.3%), from €1,986 to €3,600
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 | €113,274 | €139,389 | +€26,115 | +23.1% |
| Fixed assets | 21/28 | €24,459 | €22,787 | -€1,673 | -6.8% |
| Intangible fixed assets | 21 | €900 | €3,814 | +€2,915 | +324% |
| Tangible fixed assets | 22/27 | €23,560 | €18,972 | -€4,587 | -19.5% |
| Land and buildings | 22 | €21,748 | €17,228 | -€4,520 | -20.8% |
| Furniture and vehicles | 24 | €1,811 | €1,744 | -€67 | -3.7% |
| Current assets | 29/58 | €88,815 | €116,602 | +€27,787 | +31.3% |
| Stocks and contracts in progress | 3 | €2,363 | €5,702 | +€3,339 | +141% |
| Stocks | 30/36 | €2,363 | €5,702 | +€3,339 | +141% |
| Amounts receivable within one year | 40/41 | €37,763 | €59,166 | +€21,403 | +56.7% |
| Trade receivables | 40 | €25,513 | €59,166 | +€33,653 | +132% |
| Other amounts receivable | 41 | €12,250 | €0 | -€12,250 | -100% |
| Cash at bank and in hand | 54/58 | €28,223 | €15,320 | -€12,903 | -45.7% |
| Deferred charges and accrued income | 490/1 | €20,466 | €36,413 | +€15,948 | +77.9% |
| Total equity and liabilities | 10/49 | €113,274 | €139,389 | +€26,115 | +23.1% |
| Equity | 10/15 | €61,679 | €66,640 | +€4,961 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,454 | €39,454 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €39,454 | €39,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,626 | €8,586 | +€4,961 | +137% |
| Amounts payable | 17/49 | €51,595 | €72,749 | +€21,154 | +41.0% |
| Amounts payable after more than one year | 17 | €1,412 | €0 | -€1,412 | -100% |
| Financial debts | 170/4 | €1,412 | €0 | -€1,412 | -100% |
| Amounts payable within one year | 42/48 | €49,967 | €72,297 | +€22,330 | +44.7% |
| Current portion of amounts payable after more than one year | 42 | €4,187 | €3,095 | -€1,092 | -26.1% |
| Financial debts | 43 | - | €18,007 | +€18,007 | |
| Credit institutions | 430/8 | - | €18,007 | +€18,007 | |
| Trade debts | 44 | €32,607 | €31,337 | -€1,270 | -3.9% |
| Suppliers | 440/4 | €32,607 | €31,337 | -€1,270 | -3.9% |
| Taxes, remuneration and social security | 45 | €10,142 | €19,093 | +€8,951 | +88.3% |
| Taxes | 450/3 | €3,419 | €6,917 | +€3,498 | +102% |
| Remuneration and social security | 454/9 | €6,723 | €12,176 | +€5,452 | +81.1% |
| Other amounts payable | 47/48 | €3,032 | €766 | -€2,265 | -74.7% |
| Accrued charges and deferred income | 492/3 | €216 | €451 | +€236 | +109% |
| Remuneration, social security and pensions | 62 | €86,462 | €120,649 | +€34,187 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,133 | €7,437 | -€1,696 | -18.6% |
| Other operating charges | 640/8 | €2,413 | €1,091 | -€1,322 | -54.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €110,014 | €144,025 | +€34,011 | +30.9% |
| Operating profit (loss) | 9901 | €12,006 | €14,848 | +€2,842 | +23.7% |
| Financial income | 75/76B | €710 | €261 | -€448 | -63.2% |
| Recurring financial income | 75 | €710 | €261 | -€448 | -63.2% |
| Financial charges | 65/66B | €1,986 | €3,600 | +€1,614 | +81.3% |
| Recurring financial charges | 65 | €1,986 | €3,600 | +€1,614 | +81.3% |
| Profit (loss) for the period before taxes | 9903 | €10,730 | €11,509 | +€779 | +7.3% |
| Income taxes | 67/77 | €7,698 | €6,549 | -€1,150 | -14.9% |
| Profit (loss) for the period | 9904 | €3,032 | €4,961 | +€1,929 | +63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,032 | €4,961 | +€1,929 | +63.6% |
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 21 October 2026 via checked.be.