OPPORTUUN: 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.
OPPORTUUN
Largest movements
- Tangible fixed assets +€236,797
up €236,797 (+55.2%), from €429,160 to €665,957
of which Land and buildings: +€236,469
- Receivables within one year -€139,403
down €139,403 (-41.9%), from €332,579 to €193,176
of which Trade receivables: -€132,498
- Cash +€85,901
up €85,901 (+103%), from €83,750 to €169,651
mainly Debts after one year (+€150,151) and Receivables within one year (+€139,403)
- Debts after one year +€150,151
up €150,151 (+51.6%), from €291,076 to €441,227
- Reserves -€75,999
down €75,999 (-6.5%), from €1.2m to €1.1m
of which Distributable reserves: -€64,558
- Other debts +€62,410
up €62,410 (+435%), from €14,350 to €76,760
- Current portion of long-term debt +€46,871
up €46,871 (+1,221%), from €3,840 to €50,711
- Gross operating margin -€112,313
down €112,313 (-71.6%), from €156,833 to €44,520
- Taxes -€31,537
down €31,537 (-95.2%), from €33,111 to €1,575
- Other operating charges -€20,484
down €20,484 (-88.6%), from €23,125 to €2,641
- Depreciation +€18,967
up €18,967 (+552%), from €3,439 to €22,406
- Financial charges +€10,321
up €10,321 (+103%), from €10,017 to €20,338
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 | €1,575,350 | €1,760,919 | +€185,569 | +11.8% |
| Fixed assets | 21/28 | €974,560 | €1,211,357 | +€236,797 | +24.3% |
| Tangible fixed assets | 22/27 | €429,160 | €665,957 | +€236,797 | +55.2% |
| Land and buildings | 22 | €428,612 | €665,081 | +€236,469 | +55.2% |
| Furniture and vehicles | 24 | €549 | €876 | +€327 | +59.7% |
| Financial fixed assets | 28 | €545,400 | €545,400 | = | 0.0% |
| Current assets | 29/58 | €600,790 | €549,562 | -€51,228 | -8.5% |
| Stocks and contracts in progress | 3 | €182,962 | €184,730 | +€1,769 | +1.0% |
| Stocks | 30/36 | €182,962 | €184,730 | +€1,769 | +1.0% |
| Amounts receivable within one year | 40/41 | €332,579 | €193,176 | -€139,403 | -41.9% |
| Trade receivables | 40 | €224,991 | €92,493 | -€132,498 | -58.9% |
| Other amounts receivable | 41 | €107,588 | €100,682 | -€6,905 | -6.4% |
| Cash at bank and in hand | 54/58 | €83,750 | €169,651 | +€85,901 | +103% |
| Deferred charges and accrued income | 490/1 | €1,499 | €2,005 | +€505 | +33.7% |
| Total equity and liabilities | 10/49 | €1,575,350 | €1,760,919 | +€185,569 | +11.8% |
| Equity | 10/15 | €1,194,194 | €1,118,194 | -€75,999 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,172,311 | €1,096,312 | -€75,999 | -6.5% |
| Tax-exempt reserves | 132 | €203,996 | €192,555 | -€11,442 | -5.6% |
| Distributable reserves | 133 | €968,315 | €903,757 | -€64,558 | -6.7% |
| Profit (loss) carried forward | 14 | €3,282 | €3,282 | = | 0.0% |
| Provisions and deferred taxes | 16 | €51,358 | €48,378 | -€2,980 | -5.8% |
| Deferred taxes | 168 | €51,358 | €48,378 | -€2,980 | -5.8% |
| Amounts payable | 17/49 | €329,798 | €594,346 | +€264,548 | +80.2% |
| Amounts payable after more than one year | 17 | €291,076 | €441,227 | +€150,151 | +51.6% |
| Financial debts | 170/4 | €291,076 | €441,227 | +€150,151 | +51.6% |
| Amounts payable within one year | 42/48 | €38,722 | €152,494 | +€113,772 | +294% |
| Current portion of amounts payable after more than one year | 42 | €3,840 | €50,711 | +€46,871 | +1,221% |
| Trade debts | 44 | €2,500 | €15,018 | +€12,518 | +501% |
| Suppliers | 440/4 | €2,500 | €15,018 | +€12,518 | +501% |
| Taxes, remuneration and social security | 45 | €18,033 | €10,006 | -€8,027 | -44.5% |
| Taxes | 450/3 | €16,427 | €8,400 | -€8,027 | -48.9% |
| Remuneration and social security | 454/9 | €1,606 | €1,606 | = | 0.0% |
| Other amounts payable | 47/48 | €14,350 | €76,760 | +€62,410 | +435% |
| Accrued charges and deferred income | 492/3 | - | €625 | +€625 | |
| Non-recurring operating income | 76A | €78,821 | €15,800 | -€63,021 | -80.0% |
| Remuneration, social security and pensions | 62 | -€1,579 | - | +€1,579 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,439 | €22,406 | +€18,967 | +552% |
| Other operating charges | 640/8 | €23,125 | €2,641 | -€20,484 | -88.6% |
| Non-recurring operating charges | 66A | €3,434 | - | -€3,434 | |
| Gross operating margin | 9900 | €156,833 | €44,520 | -€112,313 | -71.6% |
| Operating profit (loss) | 9901 | €128,413 | €19,472 | -€108,941 | -84.8% |
| Financial income | 75/76B | €2,037 | €3,764 | +€1,728 | +84.8% |
| Recurring financial income | 75 | €2,037 | €3,764 | +€1,728 | +84.8% |
| Financial charges | 65/66B | €10,017 | €20,338 | +€10,321 | +103% |
| Recurring financial charges | 65 | €10,017 | €20,338 | +€10,321 | +103% |
| Profit (loss) for the period before taxes | 9903 | €120,432 | €2,898 | -€117,534 | -97.6% |
| Transfer from deferred taxes | 780 | €562 | €2,980 | +€2,418 | +430% |
| Income taxes | 67/77 | €33,111 | €1,575 | -€31,537 | -95.2% |
| Profit (loss) for the period | 9904 | €87,883 | €4,304 | -€83,579 | -95.1% |
| Transfer from tax-exempt reserves | 789 | €1,770 | €11,442 | +€9,671 | +546% |
| Profit (loss) for the period to be appropriated | 9905 | €89,653 | €15,746 | -€73,908 | -82.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.