OPRES: 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.
OPRES
Largest movements
- Cash -€61,143
down €61,143 (-43.1%), from €141,736 to €80,593
mainly Contributions, distributions and other (-€65,000) and Other debts (-€28,000)
- Tangible fixed assets -€46,328
down €46,328 (-9.5%), from €486,838 to €440,510
of which Land and buildings: -€29,563
- Receivables within one year -€25,283
down €25,283 (-28.8%), from €87,700 to €62,416
of which Other amounts receivable: -€24,296
- Reserves -€52,500
down €52,500 (-12.4%), from €421,860 to €369,360
- Other debts -€28,000
no longer reported in 2025 (was €28,000)
- Debts after one year -€20,425
down €20,425 (-16.1%), from €127,243 to €106,818
- Current portion of long-term debt -€16,438
down €16,438 (-44.6%), from €36,863 to €20,425
- Tax, wage and social debts -€16,034
down €16,034 (-96.0%), from €16,696 to €661
- Gross operating margin -€36,530
down €36,530 (-31.3%), from €116,658 to €80,128
- Depreciation +€2,247
up €2,247 (+4.0%), from €56,160 to €58,407
- Taxes -€1,911
down €1,911 (-21.6%), from €8,837 to €6,926
- Financial charges -€1,524
down €1,524 (-30.8%), from €4,951 to €3,427
- Other operating charges +€1,240
up €1,240 (+26.6%), from €4,666 to €5,907
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €902,533 | €767,868 | -€134,665 | -14.9% |
| Fixed assets | 21/28 | €501,937 | €452,417 | -€49,519 | -9.9% |
| Intangible fixed assets | 21 | €13,930 | €11,008 | -€2,922 | -21.0% |
| Tangible fixed assets | 22/27 | €486,838 | €440,510 | -€46,328 | -9.5% |
| Land and buildings | 22 | €401,134 | €371,571 | -€29,563 | -7.4% |
| Plant, machinery and equipment | 23 | €1,002 | €614 | -€388 | -38.7% |
| Furniture and vehicles | 24 | €84,702 | €68,325 | -€16,377 | -19.3% |
| Financial fixed assets | 28 | €1,169 | €900 | -€269 | -23.0% |
| Current assets | 29/58 | €400,596 | €315,451 | -€85,146 | -21.3% |
| Amounts receivable after more than one year | 29 | €166,660 | €166,660 | = | 0.0% |
| Other amounts receivable | 291 | €166,660 | €166,660 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €87,700 | €62,416 | -€25,283 | -28.8% |
| Trade receivables | 40 | €988 | - | -€988 | |
| Other amounts receivable | 41 | €86,712 | €62,416 | -€24,296 | -28.0% |
| Cash at bank and in hand | 54/58 | €141,736 | €80,593 | -€61,143 | -43.1% |
| Deferred charges and accrued income | 490/1 | €4,500 | €5,781 | +€1,280 | +28.5% |
| Total equity and liabilities | 10/49 | €902,533 | €767,868 | -€134,665 | -14.9% |
| Equity | 10/15 | €686,158 | €633,745 | -€52,412 | -7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €421,860 | €369,360 | -€52,500 | -12.4% |
| Distributable reserves | 133 | €421,860 | €369,360 | -€52,500 | -12.4% |
| Profit (loss) carried forward | 14 | €245,698 | €245,785 | +€88 | 0.0% |
| Amounts payable | 17/49 | €216,375 | €134,123 | -€82,252 | -38.0% |
| Amounts payable after more than one year | 17 | €127,243 | €106,818 | -€20,425 | -16.1% |
| Financial debts | 170/4 | €127,243 | €106,818 | -€20,425 | -16.1% |
| Amounts payable within one year | 42/48 | €88,920 | €26,102 | -€62,818 | -70.6% |
| Current portion of amounts payable after more than one year | 42 | €36,863 | €20,425 | -€16,438 | -44.6% |
| Trade debts | 44 | €7,361 | €5,016 | -€2,346 | -31.9% |
| Suppliers | 440/4 | €7,361 | €5,016 | -€2,346 | -31.9% |
| Taxes, remuneration and social security | 45 | €16,696 | €661 | -€16,034 | -96.0% |
| Taxes | 450/3 | €16,696 | €661 | -€16,034 | -96.0% |
| Other amounts payable | 47/48 | €28,000 | - | -€28,000 | |
| Accrued charges and deferred income | 492/3 | €212 | €1,203 | +€991 | +466.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,160 | €58,407 | +€2,247 | +4.0% |
| Other operating charges | 640/8 | €4,666 | €5,907 | +€1,240 | +26.6% |
| Gross operating margin | 9900 | €116,658 | €80,128 | -€36,530 | -31.3% |
| Operating profit (loss) | 9901 | €55,832 | €15,815 | -€40,018 | -71.7% |
| Financial income | 75/76B | €7,891 | €7,126 | -€765 | -9.7% |
| Recurring financial income | 75 | €7,891 | €7,126 | -€765 | -9.7% |
| Financial charges | 65/66B | €4,951 | €3,427 | -€1,524 | -30.8% |
| Recurring financial charges | 65 | €4,951 | €3,427 | -€1,524 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €58,772 | €19,514 | -€39,259 | -66.8% |
| Income taxes | 67/77 | €8,837 | €6,926 | -€1,911 | -21.6% |
| Profit (loss) for the period | 9904 | €49,936 | €12,588 | -€37,348 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,936 | €12,588 | -€37,348 | -74.8% |
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 9 October 2026 via checked.be.