OpRecht: 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.
OpRecht
Largest movements
- Tangible fixed assets -€74,178
down €74,178 (-3.6%), from €2.1m to €2.0m
of which Land and buildings: -€43,242
- Investment grants -€71,238
down €71,238 (-3.5%), from €2.1m to €2.0m
- Purchases and services -€12,601
down €12,601 (-34.0%), from €37,053 to €24,451
- Other operating charges +€9,524
up €9,524 (+100%), from €9,494 to €19,018
- Staff costs -€9,522
down €9,522 (-15.4%), from €61,759 to €52,237
- Gross operating margin +€8,435
up €8,435 (+3.8%), from €220,866 to €229,301
- Taxes -€5,522
no longer reported in 2025 (was €5,522)
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 | €2,090,764 | €2,021,470 | -€69,294 | -3.3% |
| Fixed assets | 21/28 | €2,068,855 | €1,994,677 | -€74,178 | -3.6% |
| Tangible fixed assets | 22/27 | €2,068,847 | €1,994,669 | -€74,178 | -3.6% |
| Land and buildings | 22 | €1,984,100 | €1,940,858 | -€43,242 | -2.2% |
| Plant, machinery and equipment | 23 | €7,066 | €6,229 | -€837 | -11.8% |
| Furniture and vehicles | 24 | €77,681 | €47,583 | -€30,099 | -38.7% |
| Financial fixed assets | 28 | €8 | €8 | = | 0.0% |
| Current assets | 29/58 | €21,909 | €26,793 | +€4,884 | +22.3% |
| Amounts receivable within one year | 40/41 | €1,044 | - | -€1,044 | |
| Other amounts receivable | 41 | €1,044 | - | -€1,044 | |
| Cash at bank and in hand | 54/58 | €19,653 | €24,952 | +€5,299 | +27.0% |
| Deferred charges and accrued income | 490/1 | €1,212 | €1,842 | +€630 | +51.9% |
| Total equity and liabilities | 10/49 | €2,090,764 | €2,021,470 | -€69,294 | -3.3% |
| Equity | 10/15 | €2,065,430 | €2,006,807 | -€58,623 | -2.8% |
| Profit (loss) carried forward | 14 | €12,662 | €25,277 | +€12,615 | +99.6% |
| Investment grants | 15 | €2,052,768 | €1,981,530 | -€71,238 | -3.5% |
| Amounts payable | 17/49 | €25,334 | €14,663 | -€10,671 | -42.1% |
| Amounts payable within one year | 42/48 | €24,985 | €14,663 | -€10,322 | -41.3% |
| Trade debts | 44 | €5,288 | €104 | -€5,185 | -98.0% |
| Suppliers | 440/4 | €5,288 | €104 | -€5,185 | -98.0% |
| Taxes, remuneration and social security | 45 | €19,697 | €14,559 | -€5,138 | -26.1% |
| Taxes | 450/3 | €1,297 | €1,469 | +€172 | +13.3% |
| Remuneration and social security | 454/9 | €18,400 | €13,090 | -€5,310 | -28.9% |
| Accrued charges and deferred income | 492/3 | €349 | - | -€349 | |
| Membership fees, donations, legacies and grants | 73 | €257,463 | €252,248 | -€5,215 | -2.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,053 | €24,451 | -€12,601 | -34.0% |
| Remuneration, social security and pensions | 62 | €61,759 | €52,237 | -€9,522 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,401 | €145,131 | +€4,730 | +3.4% |
| Other operating charges | 640/8 | €9,494 | €19,018 | +€9,524 | +100% |
| Gross operating margin | 9900 | €220,866 | €229,301 | +€8,435 | +3.8% |
| Operating profit (loss) | 9901 | €9,212 | €12,916 | +€3,703 | +40.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €196 | €301 | +€105 | +53.7% |
| Recurring financial charges | 65 | €196 | €301 | +€105 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | €9,017 | €12,615 | +€3,598 | +39.9% |
| Income taxes | 67/77 | €5,522 | - | -€5,522 | |
| Profit (loss) for the period | 9904 | €3,495 | €12,615 | +€9,120 | +261% |
| Profit (loss) for the period to be appropriated | 9905 | €3,495 | €12,615 | +€9,120 | +261% |
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 30 October 2026 via checked.be.