OPPAC: 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.
What changed
OPPAC
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€326,754
2024 · €249,469+€77,285
Equity
€10.7m
2024 · €10.4m+€326,754
Cash
€28,043
2024 · €132,943-€104,900
Balance sheet total
€12.8m
2024 · €12.3m+€488,292
Largest movements
Assets
- Financial fixed assets +€476,378
up €476,378 (+6.6%), from €7.3m to €7.7m
Equity and liabilities
- Reserves +€300,000
up €300,000 (+3.0%), from €10.1m to €10.4m
of which Distributable reserves: +€300,000
- Other debts +€173,778
up €173,778 (+6403.0%), from €2,714 to €176,492
Income statement
- Financial charges -€39,419
down €39,419 (-38.5%), from €102,501 to €63,082
- Gross operating margin +€37,178
up €37,178, from -€9,234 to €27,944
- Financial income +€10,067
up €10,067 (+2.7%), from €374,464 to €384,531
of which Financial income: +€31,133
- Taxes +€9,507
up €9,507 (+80.0%), from €11,879 to €21,386
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.
Result 2024
€249,469
Gross operating margin
+€37,178
Other operating charges
+€128
Financial income
+€10,067
Financial charges
+€39,419
Taxes
-€9,507
Result 2025
€326,754
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.
From operations
+€391,339
Investment
-€482,211
Financing
-€14,028
Cash 2024
€132,943
From operations (derived)
+€391,339
Net result for the year
+€326,754
Receivables within one year
-€110,791
Smaller working-capital items
-€614
Trade debts
-€4,174
Tax, wage and social debts
+€6,386
Other debts
+€173,778
Investment (derived)
-€482,211
Investment in fixed assets (net)
-€476,378
Current investments
-€5,833
Financing
-€14,028
Current portion of long-term debt
-€14,039
Short-term financial debts
+€11
Cash 2025
€28,043
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,271,401 | €12,759,693 | +€488,292 | +4.0% |
| Fixed assets | 21/28 | €7,251,101 | €7,727,479 | +€476,378 | +6.6% |
| Financial fixed assets | 28 | €7,251,101 | €7,727,479 | +€476,378 | +6.6% |
| Current assets | 29/58 | €5,020,300 | €5,032,214 | +€11,914 | +0.2% |
| Amounts receivable after more than one year | 29 | €324,555 | €324,555 | = | 0.0% |
| Other amounts receivable | 291 | €324,555 | €324,555 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €570,778 | €681,569 | +€110,791 | +19.4% |
| Trade receivables | 40 | - | €6,738 | +€6,738 | |
| Other amounts receivable | 41 | €570,778 | €674,831 | +€104,053 | +18.2% |
| Current investments | 50/53 | €3,992,024 | €3,997,857 | +€5,833 | +0.1% |
| Cash at bank and in hand | 54/58 | €132,943 | €28,043 | -€104,900 | -78.9% |
| Deferred charges and accrued income | 490/1 | €0 | €190 | +€190 | |
| Total equity and liabilities | 10/49 | €12,271,401 | €12,759,693 | +€488,292 | +4.0% |
| Equity | 10/15 | €10,387,136 | €10,713,890 | +€326,754 | +3.1% |
| Contributions | 10/11 | €247,157 | €247,157 | = | 0.0% |
| Capital | 10 | €247,157 | €247,157 | = | 0.0% |
| Issued capital | 100 | €247,157 | €247,157 | = | 0.0% |
| Reserves | 13 | €10,135,256 | €10,435,256 | +€300,000 | +3.0% |
| Non-distributable reserves | 130/1 | €3,816,461 | €3,816,461 | = | 0.0% |
| Legal reserve | 130 | €24,716 | €24,716 | = | 0.0% |
| Own shares acquired | 1312 | €3,791,745 | €3,791,745 | = | 0.0% |
| Distributable reserves | 133 | €6,318,795 | €6,618,795 | +€300,000 | +4.7% |
| Profit (loss) carried forward | 14 | €4,723 | €31,477 | +€26,754 | +566.5% |
| Amounts payable | 17/49 | €1,884,265 | €2,045,803 | +€161,538 | +8.6% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,678,862 | €1,840,824 | +€161,962 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €14,039 | €0 | -€14,039 | -100.0% |
| Financial debts | 43 | €1,600,003 | €1,600,014 | +€11 | 0.0% |
| Credit institutions | 430/8 | - | €1,600,014 | +€1.6m | |
| Other loans | 439 | €1,600,003 | - | -€1.6m | |
| Trade debts | 44 | €62,106 | €57,932 | -€4,174 | -6.7% |
| Suppliers | 440/4 | €62,106 | €57,932 | -€4,174 | -6.7% |
| Taxes, remuneration and social security | 45 | - | €6,386 | +€6,386 | |
| Taxes | 450/3 | - | €6,386 | +€6,386 | |
| Other amounts payable | 47/48 | €2,714 | €176,492 | +€173,778 | +6403.0% |
| Accrued charges and deferred income | 492/3 | €5,403 | €4,979 | -€424 | -7.8% |
| Other operating charges | 640/8 | €1,381 | €1,253 | -€128 | -9.3% |
| Gross operating margin | 9900 | -€9,234 | €27,944 | +€37,178 | |
| Operating profit (loss) | 9901 | -€10,615 | €26,691 | +€37,306 | |
| Financial income | 75/76B | €374,464 | €384,531 | +€10,067 | +2.7% |
| Recurring financial income | 75 | €353,398 | €384,531 | +€31,133 | +8.8% |
| Non-recurring financial income | 76B | €21,066 | €0 | -€21,066 | -100.0% |
| Financial charges | 65/66B | €102,501 | €63,082 | -€39,419 | -38.5% |
| Recurring financial charges | 65 | €102,501 | €63,082 | -€39,419 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €261,348 | €348,140 | +€86,792 | +33.2% |
| Income taxes | 67/77 | €11,879 | €21,386 | +€9,507 | +80.0% |
| Profit (loss) for the period | 9904 | €249,469 | €326,754 | +€77,285 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €249,469 | €326,754 | +€77,285 | +31.0% |
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 8 October 2026 via checked.be.