OPSOMER: 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.
OPSOMER
Largest movements
- Tangible fixed assets -€73,509
down €73,509 (-30.2%), from €243,202 to €169,693
of which Furniture and vehicles: -€37,858
- Cash -€50,109
down €50,109 (-36.9%), from €135,637 to €85,527
mainly Other debts (-€98,334) and Debts after one year (-€70,360)
- Receivables within one year +€43,292
up €43,292 (+28.8%), from €150,496 to €193,789
of which Trade receivables: +€32,111
- Deferred charges and accrued income -€20,179
down €20,179 (-41.0%), from €49,183 to €29,004
- Stocks and contracts +€9,555
up €9,555 (+17.1%), from €55,853 to €65,408
- Other debts -€98,334
down €98,334 (-98.3%), from €100,000 to €1,666
- Reserves +€76,902
up €76,902 (+81.1%), from €94,859 to €171,761
- Debts after one year -€70,360
down €70,360 (-30.8%), from €228,181 to €157,820
- Current portion of long-term debt -€15,492
down €15,492 (-15.9%), from €97,515 to €82,023
- Tax, wage and social debts +€11,910
up €11,910 (+41.1%), from €28,975 to €40,884
of which Taxes: +€11,157
- Gross operating margin -€28,283
down €28,283 (-9.6%), from €294,149 to €265,866
- Staff costs +€6,789
up €6,789 (+11.0%), from €61,751 to €68,540
- Financial charges -€4,708
down €4,708 (-29.9%), from €15,747 to €11,039
- Taxes -€4,342
down €4,342 (-11.4%), from €37,988 to €33,646
- Financial income +€3,717
up €3,717 (+54.5%), from €6,823 to €10,539
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 | €636,266 | €545,316 | -€90,950 | -14.3% |
| Fixed assets | 21/28 | €245,097 | €171,588 | -€73,509 | -30.0% |
| Tangible fixed assets | 22/27 | €243,202 | €169,693 | -€73,509 | -30.2% |
| Land and buildings | 22 | €151,092 | €120,924 | -€30,168 | -20.0% |
| Plant, machinery and equipment | 23 | €20,709 | €15,226 | -€5,483 | -26.5% |
| Furniture and vehicles | 24 | €71,401 | €33,543 | -€37,858 | -53.0% |
| Financial fixed assets | 28 | €1,895 | €1,895 | = | 0.0% |
| Current assets | 29/58 | €391,169 | €373,728 | -€17,441 | -4.5% |
| Stocks and contracts in progress | 3 | €55,853 | €65,408 | +€9,555 | +17.1% |
| Stocks | 30/36 | €55,853 | €65,408 | +€9,555 | +17.1% |
| Amounts receivable within one year | 40/41 | €150,496 | €193,789 | +€43,292 | +28.8% |
| Trade receivables | 40 | €31,818 | €63,929 | +€32,111 | +101% |
| Other amounts receivable | 41 | €118,678 | €129,859 | +€11,182 | +9.4% |
| Cash at bank and in hand | 54/58 | €135,637 | €85,527 | -€50,109 | -36.9% |
| Deferred charges and accrued income | 490/1 | €49,183 | €29,004 | -€20,179 | -41.0% |
| Total equity and liabilities | 10/49 | €636,266 | €545,316 | -€90,950 | -14.3% |
| Equity | 10/15 | €122,681 | €197,917 | +€75,236 | +61.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,859 | €171,761 | +€76,902 | +81.1% |
| Distributable reserves | 133 | €94,859 | €171,761 | +€76,902 | +81.1% |
| Profit (loss) carried forward | 14 | €9,222 | €7,556 | -€1,666 | -18.1% |
| Amounts payable | 17/49 | €513,585 | €347,398 | -€166,186 | -32.4% |
| Amounts payable after more than one year | 17 | €228,181 | €157,820 | -€70,360 | -30.8% |
| Financial debts | 170/4 | €228,181 | €157,820 | -€70,360 | -30.8% |
| Amounts payable within one year | 42/48 | €284,322 | €188,495 | -€95,826 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €97,515 | €82,023 | -€15,492 | -15.9% |
| Trade debts | 44 | €57,832 | €63,922 | +€6,090 | +10.5% |
| Suppliers | 440/4 | €57,832 | €63,922 | +€6,090 | +10.5% |
| Taxes, remuneration and social security | 45 | €28,975 | €40,884 | +€11,910 | +41.1% |
| Taxes | 450/3 | €21,644 | €32,801 | +€11,157 | +51.5% |
| Remuneration and social security | 454/9 | €7,331 | €8,083 | +€753 | +10.3% |
| Other amounts payable | 47/48 | €100,000 | €1,666 | -€98,334 | -98.3% |
| Accrued charges and deferred income | 492/3 | €1,083 | €1,083 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €61,751 | €68,540 | +€6,789 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,380 | €78,494 | +€1,113 | +1.4% |
| Other operating charges | 640/8 | €7,908 | €7,784 | -€124 | -1.6% |
| Gross operating margin | 9900 | €294,149 | €265,866 | -€28,283 | -9.6% |
| Operating profit (loss) | 9901 | €147,110 | €111,048 | -€36,061 | -24.5% |
| Financial income | 75/76B | €6,823 | €10,539 | +€3,717 | +54.5% |
| Recurring financial income | 75 | €6,823 | €10,539 | +€3,717 | +54.5% |
| Financial charges | 65/66B | €15,747 | €11,039 | -€4,708 | -29.9% |
| Recurring financial charges | 65 | €15,747 | €11,039 | -€4,708 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €138,186 | €110,549 | -€27,637 | -20.0% |
| Income taxes | 67/77 | €37,988 | €33,646 | -€4,342 | -11.4% |
| Profit (loss) for the period | 9904 | €100,198 | €76,902 | -€23,295 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €100,198 | €76,902 | -€23,295 | -23.2% |
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 20 October 2026 via checked.be.