OPS CARGO AVIATION: 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.
OPS CARGO AVIATION
Largest movements
- Receivables within one year +€68,716
up €68,716 (+134%), from €51,468 to €120,184
of which Other amounts receivable: +€48,196
- Cash +€19,080
up €19,080 (+212%), from €9,017 to €28,097
mainly Trade debts (+€81,220) and Tax, wage and social debts (+€21,705)
- Tangible fixed assets +€2,260
up €2,260 (+167%), from €1,351 to €3,611
- Trade debts +€81,220
up €81,220 (+356%), from €22,839 to €104,059
- Tax, wage and social debts +€21,705
up €21,705 (+59.5%), from €36,505 to €58,210
of which Taxes: +€22,129
- Profit (loss) carried forward -€12,869
down €12,869 (-2,539%), from -€507 to -€13,376
- Gross operating margin +€107,874
up €107,874 (+65.0%), from €166,079 to €273,953
- Staff costs +€103,008
up €103,008 (+62.1%), from €165,942 to €268,950
- Other operating charges +€11,812
new in 2025: €11,812
- Financial charges +€5,927
up €5,927 (+1,195%), from €496 to €6,423
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 | €61,836 | €151,892 | +€90,056 | +146% |
| Fixed assets | 21/28 | €1,351 | €3,611 | +€2,260 | +167% |
| Tangible fixed assets | 22/27 | €1,351 | €3,611 | +€2,260 | +167% |
| Furniture and vehicles | 24 | €1,351 | €3,611 | +€2,260 | +167% |
| Current assets | 29/58 | €60,485 | €148,281 | +€87,796 | +145% |
| Amounts receivable within one year | 40/41 | €51,468 | €120,184 | +€68,716 | +134% |
| Trade receivables | 40 | €46,097 | €66,617 | +€20,520 | +44.5% |
| Other amounts receivable | 41 | €5,371 | €53,567 | +€48,196 | +897% |
| Cash at bank and in hand | 54/58 | €9,017 | €28,097 | +€19,080 | +212% |
| Total equity and liabilities | 10/49 | €61,836 | €151,892 | +€90,056 | +146% |
| Equity | 10/15 | €2,493 | -€10,376 | -€12,869 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€507 | -€13,376 | -€12,869 | -2,539% |
| Amounts payable | 17/49 | €59,343 | €162,268 | +€102,925 | +173% |
| Amounts payable within one year | 42/48 | €59,343 | €162,268 | +€102,925 | +173% |
| Trade debts | 44 | €22,839 | €104,059 | +€81,220 | +356% |
| Suppliers | 440/4 | €22,839 | €104,059 | +€81,220 | +356% |
| Taxes, remuneration and social security | 45 | €36,505 | €58,210 | +€21,705 | +59.5% |
| Taxes | 450/3 | €15,242 | €37,371 | +€22,129 | +145% |
| Remuneration and social security | 454/9 | €21,263 | €20,838 | -€424 | -2.0% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €165,942 | €268,950 | +€103,008 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149 | €314 | +€165 | +111% |
| Other operating charges | 640/8 | - | €11,812 | +€11,812 | |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €166,079 | €273,953 | +€107,874 | +65.0% |
| Operating profit (loss) | 9901 | -€11 | -€7,250 | -€7,239 | -65,930% |
| Financial income | 75/76B | €0 | €804 | +€804 | +1,340,483% |
| Recurring financial income | 75 | €0 | €795 | +€795 | +1,324,733% |
| Non-recurring financial income | 76B | - | €9 | +€9 | |
| Financial charges | 65/66B | €496 | €6,423 | +€5,927 | +1,195% |
| Recurring financial charges | 65 | €496 | €6,423 | +€5,927 | +1,195% |
| Profit (loss) for the period before taxes | 9903 | -€507 | -€12,869 | -€12,362 | -2,439% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€507 | -€12,869 | -€12,362 | -2,439% |
| Profit (loss) for the period to be appropriated | 9905 | -€507 | -€12,869 | -€12,362 | -2,439% |
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 25 October 2026 via checked.be.