OPPEM PLANT: 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.
OPPEM PLANT
Largest movements
- Current investments +€42,000
up €42,000 (+50.0%), from €84,050 to €126,049
- Receivables within one year -€34,336
down €34,336 (-24.3%), from €141,043 to €106,707
of which Trade receivables: -€43,320
- Cash -€10,098
down €10,098 (-6.2%), from €162,634 to €152,536
mainly Trade debts (-€49,188) and Current investments (-€42,000)
- Trade debts -€49,188
down €49,188 (-85.4%), from €57,620 to €8,432
- Debts after one year -€40,500
down €40,500 (-100%), from €40,500 to €0
- Current portion of long-term debt +€40,500
new in 2025: €40,500
- Reserves +€32,461
up €32,461 (+15.0%), from €216,255 to €248,716
of which Distributable reserves: +€32,461
- Accrued charges and deferred income +€6,930
up €6,930 (+71.8%), from €9,645 to €16,575
- Gross operating margin -€21,469
down €21,469 (-15.6%), from €137,483 to €116,013
- Staff costs +€8,447
up €8,447 (+19.9%), from €42,551 to €50,998
- Taxes -€7,271
down €7,271 (-36.7%), from €19,834 to €12,563
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 | €420,968 | €413,698 | -€7,270 | -1.7% |
| Fixed assets | 21/28 | €21,909 | €19,984 | -€1,925 | -8.8% |
| Intangible fixed assets | 21 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Tangible fixed assets | 22/27 | €18,909 | €17,984 | -€925 | -4.9% |
| Plant, machinery and equipment | 23 | €2,921 | €8,209 | +€5,288 | +181% |
| Furniture and vehicles | 24 | €15,988 | €9,775 | -€6,213 | -38.9% |
| Current assets | 29/58 | €399,059 | €393,714 | -€5,345 | -1.3% |
| Stocks and contracts in progress | 3 | €9,750 | €7,550 | -€2,200 | -22.6% |
| Stocks | 30/36 | €9,750 | €7,550 | -€2,200 | -22.6% |
| Amounts receivable within one year | 40/41 | €141,043 | €106,707 | -€34,336 | -24.3% |
| Trade receivables | 40 | €141,043 | €97,723 | -€43,320 | -30.7% |
| Other amounts receivable | 41 | €0 | €8,985 | +€8,985 | |
| Current investments | 50/53 | €84,050 | €126,049 | +€42,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €162,634 | €152,536 | -€10,098 | -6.2% |
| Deferred charges and accrued income | 490/1 | €1,582 | €871 | -€710 | -44.9% |
| Total equity and liabilities | 10/49 | €420,968 | €413,698 | -€7,270 | -1.7% |
| Equity | 10/15 | €223,652 | €256,113 | +€32,461 | +14.5% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €216,255 | €248,716 | +€32,461 | +15.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,100 | €1,100 | = | 0.0% |
| Distributable reserves | 133 | €213,205 | €245,666 | +€32,461 | +15.2% |
| Profit (loss) carried forward | 14 | €897 | €897 | = | 0.0% |
| Amounts payable | 17/49 | €197,316 | €157,586 | -€39,730 | -20.1% |
| Amounts payable after more than one year | 17 | €40,500 | €0 | -€40,500 | -100% |
| Financial debts | 170/4 | €40,500 | €0 | -€40,500 | -100% |
| Amounts payable within one year | 42/48 | €147,171 | €141,011 | -€6,160 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | - | €40,500 | +€40,500 | |
| Trade debts | 44 | €57,620 | €8,432 | -€49,188 | -85.4% |
| Suppliers | 440/4 | €57,620 | €8,432 | -€49,188 | -85.4% |
| Taxes, remuneration and social security | 45 | €8,709 | €6,577 | -€2,132 | -24.5% |
| Taxes | 450/3 | €3,642 | €496 | -€3,146 | -86.4% |
| Remuneration and social security | 454/9 | €5,067 | €6,081 | +€1,014 | +20.0% |
| Other amounts payable | 47/48 | €80,842 | €85,502 | +€4,660 | +5.8% |
| Accrued charges and deferred income | 492/3 | €9,645 | €16,575 | +€6,930 | +71.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €42,551 | €50,998 | +€8,447 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,867 | €8,370 | -€497 | -5.6% |
| Other operating charges | 640/8 | €827 | €1,299 | +€472 | +57.1% |
| Gross operating margin | 9900 | €137,483 | €116,013 | -€21,469 | -15.6% |
| Operating profit (loss) | 9901 | €85,238 | €55,346 | -€29,892 | -35.1% |
| Financial income | 75/76B | €121 | €4 | -€117 | -97.0% |
| Recurring financial income | 75 | €121 | €4 | -€117 | -97.0% |
| Financial charges | 65/66B | €7,834 | €7,326 | -€507 | -6.5% |
| Recurring financial charges | 65 | €7,834 | €7,326 | -€507 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €77,525 | €48,024 | -€29,501 | -38.1% |
| Income taxes | 67/77 | €19,834 | €12,563 | -€7,271 | -36.7% |
| Profit (loss) for the period | 9904 | €57,691 | €35,461 | -€22,230 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,691 | €35,461 | -€22,230 | -38.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.