OPSY: 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.
OPSY
Largest movements
- Receivables after one year +€25,600
up €25,600 (+74.4%), from €34,400 to €60,000
of which Other amounts receivable: +€60,000
- Cash +€12,203
up €12,203 (+14.4%), from €85,000 to €97,203
mainly Net result for the year (+€52,604) and Depreciation (+€7,218)
- Deferred charges and accrued income +€10,275
up €10,275 (+1331.9%), from €771 to €11,046
- Receivables within one year +€8,913
up €8,913 (+12578.9%), from €71 to €8,984
of which Trade receivables: +€8,984
- Tangible fixed assets -€7,218
down €7,218 (-42.4%), from €17,042 to €9,824
of which Furniture and vehicles: -€5,478
- Reserves +€52,600
up €52,600 (+50.6%), from €104,000 to €156,600
- Tax, wage and social debts -€3,630
down €3,630 (-13.5%), from €26,869 to €23,239
of which Taxes: -€3,630
- Gross operating margin -€5,433
down €5,433 (-6.8%), from €80,239 to €74,806
- Taxes -€1,062
down €1,062 (-6.8%), from €15,596 to €14,534
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 | €137,285 | €187,057 | +€49,772 | +36.3% |
| Fixed assets | 21/28 | €17,042 | €9,824 | -€7,218 | -42.4% |
| Tangible fixed assets | 22/27 | €17,042 | €9,824 | -€7,218 | -42.4% |
| Plant, machinery and equipment | 23 | €4,764 | €3,025 | -€1,740 | -36.5% |
| Furniture and vehicles | 24 | €12,277 | €6,799 | -€5,478 | -44.6% |
| Current assets | 29/58 | €120,243 | €177,233 | +€56,990 | +47.4% |
| Amounts receivable after more than one year | 29 | €34,400 | €60,000 | +€25,600 | +74.4% |
| Trade receivables | 290 | €34,400 | - | -€34,400 | |
| Other amounts receivable | 291 | - | €60,000 | +€60,000 | |
| Amounts receivable within one year | 40/41 | €71 | €8,984 | +€8,913 | +12578.9% |
| Trade receivables | 40 | - | €8,984 | +€8,984 | |
| Other amounts receivable | 41 | €71 | - | -€71 | |
| Cash at bank and in hand | 54/58 | €85,000 | €97,203 | +€12,203 | +14.4% |
| Deferred charges and accrued income | 490/1 | €771 | €11,046 | +€10,275 | +1331.9% |
| Total equity and liabilities | 10/49 | €137,285 | €187,057 | +€49,772 | +36.3% |
| Equity | 10/15 | €109,776 | €162,380 | +€52,604 | +47.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €104,000 | €156,600 | +€52,600 | +50.6% |
| Distributable reserves | 133 | €104,000 | €156,600 | +€52,600 | +50.6% |
| Profit (loss) carried forward | 14 | €776 | €780 | +€4 | +0.5% |
| Amounts payable | 17/49 | €27,508 | €24,677 | -€2,832 | -10.3% |
| Amounts payable within one year | 42/48 | €27,508 | €24,677 | -€2,832 | -10.3% |
| Trade debts | 44 | €408 | €1,164 | +€756 | +185.1% |
| Suppliers | 440/4 | €408 | €1,164 | +€756 | +185.1% |
| Taxes, remuneration and social security | 45 | €26,869 | €23,239 | -€3,630 | -13.5% |
| Taxes | 450/3 | €24,619 | €20,989 | -€3,630 | -14.7% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €232 | €274 | +€42 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,057 | €7,218 | +€161 | +2.3% |
| Other operating charges | 640/8 | €237 | €390 | +€152 | +64.1% |
| Gross operating margin | 9900 | €80,239 | €74,806 | -€5,433 | -6.8% |
| Operating profit (loss) | 9901 | €72,945 | €67,199 | -€5,746 | -7.9% |
| Financial charges | 65/66B | €54 | €60 | +€6 | +11.4% |
| Recurring financial charges | 65 | €54 | €60 | +€6 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €72,891 | €67,139 | -€5,752 | -7.9% |
| Income taxes | 67/77 | €15,596 | €14,534 | -€1,062 | -6.8% |
| Profit (loss) for the period | 9904 | €57,295 | €52,604 | -€4,690 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,295 | €52,604 | -€4,690 | -8.2% |
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 7 October 2026 via checked.be.