OPSLAG PLUS: what changed
Two fiscal 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.
OPSLAG PLUS
Largest movements
- Tangible fixed assets +€487,057
up €487,057 (+428.9%), from €113,568 to €600,625
of which Land and buildings: +€498,775
- Stocks and contracts -€129,534
down €129,534 (-92.8%), from €139,566 to €10,033
- Cash -€22,852
down €22,852 (-18.5%), from €123,720 to €100,868
mainly Investment in fixed assets (net) (-€496,068) and Other debts (-€14,969)
- Receivables within one year -€18,633
down €18,633 (-54.8%), from €33,980 to €15,347
of which Trade receivables: -€25,519
- Debts after one year +€259,295
new in 2025: €259,295
- Trade debts +€54,013
up €54,013 (+258.2%), from €20,919 to €74,932
- Current portion of long-term debt +€30,210
up €30,210 (+760.4%), from €3,973 to €34,183
- Other debts -€14,969
down €14,969 (-68.2%), from €21,964 to €6,995
- Reserves -€10,828
down €10,828 (-3.2%), from €339,277 to €328,449
of which Non-distributable reserves: -€25,179
- Turnover -€342,488
no longer reported in 2025 (was €342,488)
- Purchases and services -€285,343
no longer reported in 2025 (was €285,343)
- Gross operating margin -€63,132
down €63,132, from €57,145 to -€5,987
- Write-downs -€30,894
down €30,894, from €15,447 to -€15,447
- Taxes -€9,817
down €9,817 (-100.0%), from €9,817 to €0
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 | €419,646 | €737,284 | +€317,638 | +75.7% |
| Fixed assets | 21/28 | €121,202 | €608,259 | +€487,057 | +401.9% |
| Tangible fixed assets | 22/27 | €113,568 | €600,625 | +€487,057 | +428.9% |
| Land and buildings | 22 | €85,646 | €584,421 | +€498,775 | +582.4% |
| Plant, machinery and equipment | 23 | €21,575 | €13,164 | -€8,411 | -39.0% |
| Furniture and vehicles | 24 | €6,347 | €3,039 | -€3,308 | -52.1% |
| Financial fixed assets | 28 | €7,634 | €7,634 | -€0 | 0.0% |
| Current assets | 29/58 | €298,444 | €129,025 | -€169,419 | -56.8% |
| Stocks and contracts in progress | 3 | €139,566 | €10,033 | -€129,534 | -92.8% |
| Stocks | 30/36 | €139,566 | €10,033 | -€129,534 | -92.8% |
| Amounts receivable within one year | 40/41 | €33,980 | €15,347 | -€18,633 | -54.8% |
| Trade receivables | 40 | €26,254 | €735 | -€25,519 | -97.2% |
| Other amounts receivable | 41 | €7,726 | €14,612 | +€6,886 | +89.1% |
| Cash at bank and in hand | 54/58 | €123,720 | €100,868 | -€22,852 | -18.5% |
| Deferred charges and accrued income | 490/1 | €1,178 | €2,777 | +€1,599 | +135.8% |
| Total equity and liabilities | 10/49 | €419,646 | €737,284 | +€317,638 | +75.7% |
| Equity | 10/15 | €364,066 | €353,238 | -€10,828 | -3.0% |
| Contributions | 10/11 | €24,789 | €24,789 | +€0 | 0.0% |
| Reserves | 13 | €339,277 | €328,449 | -€10,828 | -3.2% |
| Non-distributable reserves | 130/1 | €25,179 | €0 | -€25,179 | -100.0% |
| Reserves not available under the articles | 1311 | €2,479 | €0 | -€2,479 | -100.0% |
| Other | 1319 | €22,700 | €0 | -€22,700 | -100.0% |
| Distributable reserves | 133 | €314,098 | €328,449 | +€14,351 | +4.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €55,580 | €384,045 | +€328,465 | +591.0% |
| Amounts payable after more than one year | 17 | - | €259,295 | +€259,295 | |
| Financial debts | 170/4 | - | €259,295 | +€259,295 | |
| Amounts payable within one year | 42/48 | €55,580 | €124,751 | +€69,171 | +124.5% |
| Current portion of amounts payable after more than one year | 42 | €3,973 | €34,183 | +€30,210 | +760.4% |
| Financial debts | 43 | - | €2,148 | +€2,148 | |
| Credit institutions | 430/8 | - | €2,148 | +€2,148 | |
| Trade debts | 44 | €20,919 | €74,932 | +€54,013 | +258.2% |
| Suppliers | 440/4 | €20,919 | €74,932 | +€54,013 | +258.2% |
| Taxes, remuneration and social security | 45 | €8,724 | €6,492 | -€2,232 | -25.6% |
| Taxes | 450/3 | €8,724 | €25 | -€8,699 | -99.7% |
| Remuneration and social security | 454/9 | - | €6,467 | +€6,467 | |
| Other amounts payable | 47/48 | €21,964 | €6,995 | -€14,969 | -68.2% |
| Turnover | 70 | €342,488 | - | -€342,488 | |
| Goods, raw materials, services and sundry goods | 60/61 | €285,343 | - | -€285,343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,966 | €9,011 | -€955 | -9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,447 | -€15,447 | -€30,894 | |
| Other operating charges | 640/8 | €6,140 | €9,077 | +€2,937 | +47.8% |
| Gross operating margin | 9900 | €57,145 | -€5,987 | -€63,132 | |
| Operating profit (loss) | 9901 | €25,592 | -€8,628 | -€34,220 | |
| Financial income | 75/76B | €811 | €2,541 | +€1,730 | +213.3% |
| Recurring financial income | 75 | €297 | €2,541 | +€2,244 | +755.4% |
| Non-recurring financial income | 76B | €514 | €0 | -€514 | -100.0% |
| Financial charges | 65/66B | €630 | €4,741 | +€4,111 | +652.5% |
| Recurring financial charges | 65 | €630 | €4,741 | +€4,111 | +652.5% |
| Profit (loss) for the period before taxes | 9903 | €25,773 | -€10,829 | -€36,602 | |
| Income taxes | 67/77 | €9,817 | €0 | -€9,817 | -100.0% |
| Profit (loss) for the period | 9904 | €15,956 | -€10,829 | -€26,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,956 | -€10,829 | -€26,785 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.