Opportuna: 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.
Opportuna
Largest movements
- Tangible fixed assets +€780,868
up €780,868 (+95.0%), from €822,282 to €1.6m
of which Land and buildings: +€772,984
- Cash -€51,092
down €51,092 (-85.3%), from €59,877 to €8,786
mainly Investment in fixed assets (net) (-€816,359) and Receivables within one year (-€2,549)
- Debts after one year +€556,705
up €556,705 (+116.9%), from €476,202 to €1.0m
- Other debts +€114,414
up €114,414 (+32.2%), from €355,780 to €470,194
- Current portion of long-term debt +€38,874
new in 2026: €38,874
- Profit (loss) carried forward +€19,474
up €19,474 (+49.6%), from €39,282 to €58,756
- Gross operating margin +€65,396
up €65,396 (+239.8%), from €27,268 to €92,664
- Financial charges +€24,046
up €24,046 (+492.4%), from €4,883 to €28,929
- Depreciation +€17,415
up €17,415 (+96.3%), from €18,077 to €35,492
- Other operating charges -€10,764
down €10,764 (-58.8%), from €18,305 to €7,542
- Taxes +€1,227
new in 2026: €1,227
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €882,282 | €1,614,606 | +€732,325 | +83.0% |
| Fixed assets | 21/28 | €822,282 | €1,603,150 | +€780,868 | +95.0% |
| Tangible fixed assets | 22/27 | €822,282 | €1,603,150 | +€780,868 | +95.0% |
| Land and buildings | 22 | €822,282 | €1,595,267 | +€772,984 | +94.0% |
| Plant, machinery and equipment | 23 | - | €7,883 | +€7,883 | |
| Current assets | 29/58 | €59,999 | €11,456 | -€48,543 | -80.9% |
| Amounts receivable within one year | 40/41 | €122 | €2,670 | +€2,549 | +2090.0% |
| Other amounts receivable | 41 | €122 | €2,670 | +€2,549 | +2090.0% |
| Cash at bank and in hand | 54/58 | €59,877 | €8,786 | -€51,092 | -85.3% |
| Total equity and liabilities | 10/49 | €882,282 | €1,614,606 | +€732,325 | +83.0% |
| Equity | 10/15 | €50,299 | €69,773 | +€19,474 | +38.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,017 | €1,017 | = | 0.0% |
| Distributable reserves | 133 | €1,017 | €1,017 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,282 | €58,756 | +€19,474 | +49.6% |
| Amounts payable | 17/49 | €831,983 | €1,544,833 | +€712,851 | +85.7% |
| Amounts payable after more than one year | 17 | €476,202 | €1,032,908 | +€556,705 | +116.9% |
| Financial debts | 170/4 | €476,202 | €1,032,908 | +€556,705 | +116.9% |
| Amounts payable within one year | 42/48 | €355,780 | €511,926 | +€156,145 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | - | €38,874 | +€38,874 | |
| Trade debts | 44 | - | €1,630 | +€1,630 | |
| Suppliers | 440/4 | - | €1,630 | +€1,630 | |
| Taxes, remuneration and social security | 45 | - | €1,227 | +€1,227 | |
| Taxes | 450/3 | - | €1,227 | +€1,227 | |
| Other amounts payable | 47/48 | €355,780 | €470,194 | +€114,414 | +32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,077 | €35,492 | +€17,415 | +96.3% |
| Other operating charges | 640/8 | €18,305 | €7,542 | -€10,764 | -58.8% |
| Gross operating margin | 9900 | €27,268 | €92,664 | +€65,396 | +239.8% |
| Operating profit (loss) | 9901 | -€9,114 | €49,631 | +€58,745 | |
| Financial charges | 65/66B | €4,883 | €28,929 | +€24,046 | +492.4% |
| Recurring financial charges | 65 | €4,883 | €28,929 | +€24,046 | +492.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,997 | €20,701 | +€34,698 | |
| Income taxes | 67/77 | - | €1,227 | +€1,227 | |
| Profit (loss) for the period | 9904 | -€13,997 | €19,474 | +€33,471 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,997 | €19,474 | +€33,471 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.