Opsinjoor: what changed
What changed
Opsinjoor
NACE 10.712, Artisanal bread and fresh pastry making
filed annual accounts (NBB)
Net result for the year
€11,371
2024 · €123,198-€111,827
Equity
€143,663
2024 · €277,973-€134,309
Cash
€129,488
2024 · €142,007-€12,519
Balance sheet total
€403,361
2024 · €579,674-€176,313
Largest movements
Assets
- Receivables after one year -€126,677
down €126,677 (-100%), from €126,677 to €0
- Tangible fixed assets -€31,485
down €31,485 (-11.1%), from €282,642 to €251,158
of which Plant, machinery and equipment: -€16,177
- Cash -€12,519
down €12,519 (-8.8%), from €142,007 to €129,488
mainly Contributions, distributions and other (-€145,680) and Debts after one year (-€35,787)
Equity and liabilities
- Reserves -€119,512
down €119,512 (-53.6%), from €222,973 to €103,461
of which Distributable reserves: -€119,512
- Debts after one year -€35,787
down €35,787 (-19.1%), from €187,835 to €152,048
- Contributions -€14,798
down €14,798 (-26.9%), from €55,000 to €40,202
Income statement
- Gross operating margin -€152,582
down €152,582 (-36.6%), from €416,449 to €263,867
- Taxes -€45,150
down €45,150 (-89.7%), from €50,358 to €5,208
- Depreciation +€15,880
up €15,880 (+42.5%), from €37,344 to €53,224
- Staff costs -€10,011
down €10,011 (-5.3%), from €187,850 to €177,839
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€123,198
Gross operating margin
-€152,582
Staff costs
+€10,011
Depreciation
-€15,880
Other operating charges
+€1,136
Financial income
+€408
Financial charges
-€70
Taxes
+€45,150
Result 2025
€11,371
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€193,406
Investment
-€21,740
Financing
-€184,186
Cash 2024
€142,007
From operations (derived)
+€193,406
Net result for the year
+€11,371
Depreciation
+€53,224
Receivables after one year
+€126,677
Stocks and contracts
-€1,375
Receivables within one year
+€4,713
Deferred charges and accrued income
+€2,294
Trade debts
-€956
Tax, wage and social debts
-€1,692
Accrued charges and deferred income
-€850
Investment (derived)
-€21,740
Investment in fixed assets (net)
-€21,740
Financing
-€184,186
Debts after one year
-€35,787
Current portion of long-term debt
-€2,633
Short-term financial debts
-€85
Contributions, distributions and other
-€145,680
Cash 2025
€129,488
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €579,674 | €403,361 | -€176,313 | -30.4% |
| Fixed assets | 21/28 | €282,692 | €251,207 | -€31,485 | -11.1% |
| Tangible fixed assets | 22/27 | €282,642 | €251,158 | -€31,485 | -11.1% |
| Land and buildings | 22 | €132,338 | €121,065 | -€11,273 | -8.5% |
| Plant, machinery and equipment | 23 | €140,466 | €124,289 | -€16,177 | -11.5% |
| Furniture and vehicles | 24 | €9,839 | €5,804 | -€4,035 | -41.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €296,983 | €152,154 | -€144,828 | -48.8% |
| Amounts receivable after more than one year | 29 | €126,677 | €0 | -€126,677 | -100% |
| Other amounts receivable | 291 | €126,677 | €0 | -€126,677 | -100% |
| Stocks and contracts in progress | 3 | €11,025 | €12,400 | +€1,375 | +12.5% |
| Stocks | 30/36 | €11,025 | €12,400 | +€1,375 | +12.5% |
| Amounts receivable within one year | 40/41 | €14,418 | €9,705 | -€4,713 | -32.7% |
| Trade receivables | 40 | €2,214 | €3,685 | +€1,471 | +66.4% |
| Other amounts receivable | 41 | €12,204 | €6,019 | -€6,184 | -50.7% |
| Cash at bank and in hand | 54/58 | €142,007 | €129,488 | -€12,519 | -8.8% |
| Deferred charges and accrued income | 490/1 | €2,855 | €562 | -€2,294 | -80.3% |
| Total equity and liabilities | 10/49 | €579,674 | €403,361 | -€176,313 | -30.4% |
| Equity | 10/15 | €277,973 | €143,663 | -€134,309 | -48.3% |
| Contributions | 10/11 | €55,000 | €40,202 | -€14,798 | -26.9% |
| Reserves | 13 | €222,973 | €103,461 | -€119,512 | -53.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €222,973 | €103,461 | -€119,512 | -53.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €301,702 | €259,698 | -€42,004 | -13.9% |
| Amounts payable after more than one year | 17 | €187,835 | €152,048 | -€35,787 | -19.1% |
| Financial debts | 170/4 | €187,835 | €152,048 | -€35,787 | -19.1% |
| Amounts payable within one year | 42/48 | €113,017 | €107,650 | -€5,366 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €38,420 | €35,787 | -€2,633 | -6.9% |
| Financial debts | 43 | €6,215 | €6,130 | -€85 | -1.4% |
| Credit institutions | 430/8 | €6,215 | €6,130 | -€85 | -1.4% |
| Trade debts | 44 | €35,932 | €34,976 | -€956 | -2.7% |
| Suppliers | 440/4 | €35,932 | €34,976 | -€956 | -2.7% |
| Taxes, remuneration and social security | 45 | €32,449 | €30,758 | -€1,692 | -5.2% |
| Taxes | 450/3 | €7,169 | €2,491 | -€4,677 | -65.2% |
| Remuneration and social security | 454/9 | €25,281 | €28,266 | +€2,986 | +11.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €850 | €0 | -€850 | -100% |
| Remuneration, social security and pensions | 62 | €187,850 | €177,839 | -€10,011 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,344 | €53,224 | +€15,880 | +42.5% |
| Other operating charges | 640/8 | €5,284 | €4,149 | -€1,136 | -21.5% |
| Gross operating margin | 9900 | €416,449 | €263,867 | -€152,582 | -36.6% |
| Operating profit (loss) | 9901 | €185,970 | €28,655 | -€157,315 | -84.6% |
| Financial income | 75/76B | €173 | €580 | +€408 | +236% |
| Recurring financial income | 75 | €173 | €580 | +€408 | +236% |
| Financial charges | 65/66B | €12,586 | €12,656 | +€70 | +0.6% |
| Recurring financial charges | 65 | €12,586 | €12,656 | +€70 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €173,556 | €16,579 | -€156,977 | -90.4% |
| Income taxes | 67/77 | €50,358 | €5,208 | -€45,150 | -89.7% |
| Profit (loss) for the period | 9904 | €123,198 | €11,371 | -€111,827 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €123,198 | €11,371 | -€111,827 | -90.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.