OPTA: 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.
What changed
OPTA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€427,336
2024 · €740,254-€312,918
Equity
€8.4m
2024 · €8.1m+€280,456
Cash
€315,073
2024 · €437,030-€121,958
Balance sheet total
€11.6m
2024 · €11.3m+€248,372
Largest movements
Assets
- Financial fixed assets -€1.2m
down €1.2m (-46.2%), from €2.5m to €1.4m
- Receivables within one year +€895,682
up €895,682 (+23.7%), from €3.8m to €4.7m
of which Other amounts receivable: +€794,893
- Receivables after one year +€499,200
new in 2025: €499,200
- Current investments -€491,357
down €491,357 (-31.5%), from €1.6m to €1.1m
- Stocks and contracts +€385,730
new in 2025: €385,730
Equity and liabilities
- Other debts -€404,736
down €404,736 (-53.3%), from €759,388 to €354,652
- Debts after one year +€246,541
up €246,541 (+22.8%), from €1.1m to €1.3m
- Profit (loss) carried forward +€197,298
up €197,298 (+23.5%), from €838,937 to €1.0m
Income statement
- Gross operating margin -€438,845
down €438,845 (-33.2%), from €1.3m to €881,944
- Taxes -€135,735
down €135,735 (-52.3%), from €259,631 to €123,896
- Financial charges -€54,478
down €54,478 (-40.5%), from €134,514 to €80,036
- Financial income -€28,034
down €28,034 (-28.1%), from €99,892 to €71,858
- Depreciation +€17,593
up €17,593 (+17.0%), from €103,324 to €120,917
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.
Result 2024
€740,254
Gross operating margin
-€438,845
Staff costs
-€5,602
Depreciation
-€17,593
Other operating charges
-€14,245
Other operating items
-€1,797
Financial income
-€28,034
Financial charges
+€54,478
Taxes
+€135,735
Deferred taxes and other
+€2,985
Result 2025
€427,336
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.6m
Investment
+€1.3m
Financing
+€182,568
Cash 2024
€437,030
From operations (derived)
-€1.6m
Net result for the year
+€427,336
Depreciation
+€120,917
Receivables after one year
-€499,200
Stocks and contracts
-€385,730
Receivables within one year
-€895,682
Deferred charges and accrued income
-€10,245
Provisions
-€7,975
Trade debts
+€63,400
Tax, wage and social debts
+€889
Other debts
-€404,736
Accrued charges and deferred income
-€13,110
Investment (derived)
+€1.3m
Investment in fixed assets (net)
+€808,254
Current investments
+€491,357
Financing
+€182,568
Debts after one year
+€246,541
Current portion of long-term debt
-€14,094
Short-term financial debts
+€97,000
Contributions, distributions and other
-€146,880
Cash 2025
€315,073
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,346,352 | €11,594,725 | +€248,372 | +2.2% |
| Fixed assets | 21/28 | €5,565,742 | €4,636,571 | -€929,171 | -16.7% |
| Tangible fixed assets | 22/27 | €3,016,926 | €3,264,690 | +€247,765 | +8.2% |
| Land and buildings | 22 | €2,766,275 | €3,040,552 | +€274,277 | +9.9% |
| Plant, machinery and equipment | 23 | €110,706 | €84,194 | -€26,512 | -23.9% |
| Other tangible fixed assets | 26 | €139,945 | €139,945 | = | 0.0% |
| Financial fixed assets | 28 | €2,548,816 | €1,371,880 | -€1.2m | -46.2% |
| Current assets | 29/58 | €5,780,611 | €6,958,154 | +€1.2m | +20.4% |
| Amounts receivable after more than one year | 29 | - | €499,200 | +€499,200 | |
| Other amounts receivable | 291 | - | €499,200 | +€499,200 | |
| Stocks and contracts in progress | 3 | - | €385,730 | +€385,730 | |
| Stocks | 30/36 | - | €385,730 | +€385,730 | |
| Amounts receivable within one year | 40/41 | €3,778,318 | €4,674,001 | +€895,682 | +23.7% |
| Trade receivables | 40 | €181,904 | €282,694 | +€100,789 | +55.4% |
| Other amounts receivable | 41 | €3,596,414 | €4,391,307 | +€794,893 | +22.1% |
| Current investments | 50/53 | €1,560,046 | €1,068,689 | -€491,357 | -31.5% |
| Cash at bank and in hand | 54/58 | €437,030 | €315,073 | -€121,958 | -27.9% |
| Deferred charges and accrued income | 490/1 | €5,216 | €15,461 | +€10,245 | +196% |
| Total equity and liabilities | 10/49 | €11,346,352 | €11,594,725 | +€248,372 | +2.2% |
| Equity | 10/15 | €8,110,716 | €8,391,172 | +€280,456 | +3.5% |
| Contributions | 10/11 | €145,300 | €145,300 | = | 0.0% |
| Capital | 10 | €90,107 | €90,107 | = | 0.0% |
| Issued capital | 100 | €90,107 | €90,107 | = | 0.0% |
| Contributions outside capital | 11 | €55,193 | €55,193 | = | 0.0% |
| Share premium | 1100/10 | €55,193 | €55,193 | = | 0.0% |
| Reserves | 13 | €7,126,479 | €7,209,637 | +€83,158 | +1.2% |
| Non-distributable reserves | 130/1 | €210,481 | €210,481 | = | 0.0% |
| Legal reserve | 130 | €210,481 | €210,481 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,415,998 | €2,499,156 | +€83,158 | +3.4% |
| Distributable reserves | 133 | €4,500,000 | €4,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €838,937 | €1,036,235 | +€197,298 | +23.5% |
| Provisions and deferred taxes | 16 | €805,333 | €797,358 | -€7,975 | -1.0% |
| Deferred taxes | 168 | €805,333 | €797,358 | -€7,975 | -1.0% |
| Amounts payable | 17/49 | €2,430,303 | €2,406,194 | -€24,109 | -1.0% |
| Amounts payable after more than one year | 17 | €1,083,136 | €1,329,677 | +€246,541 | +22.8% |
| Financial debts | 170/4 | €1,083,136 | €1,329,677 | +€246,541 | +22.8% |
| Amounts payable within one year | 42/48 | €1,316,213 | €1,058,673 | -€257,540 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €380,786 | €366,692 | -€14,094 | -3.7% |
| Financial debts | 43 | - | €97,000 | +€97,000 | |
| Credit institutions | 430/8 | - | €97,000 | +€97,000 | |
| Trade debts | 44 | €24,273 | €87,673 | +€63,400 | +261% |
| Suppliers | 440/4 | €24,273 | €87,673 | +€63,400 | +261% |
| Taxes, remuneration and social security | 45 | €151,766 | €152,655 | +€889 | +0.6% |
| Taxes | 450/3 | €130,080 | €130,049 | -€31 | 0.0% |
| Remuneration and social security | 454/9 | €21,686 | €22,607 | +€921 | +4.2% |
| Other amounts payable | 47/48 | €759,388 | €354,652 | -€404,736 | -53.3% |
| Accrued charges and deferred income | 492/3 | €30,954 | €17,844 | -€13,110 | -42.4% |
| Non-recurring operating income | 76A | - | €13,933 | +€13,933 | |
| Remuneration, social security and pensions | 62 | €125,425 | €131,027 | +€5,602 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,324 | €120,917 | +€17,593 | +17.0% |
| Other operating charges | 640/8 | €62,523 | €76,768 | +€14,245 | +22.8% |
| Non-recurring operating charges | 66A | - | €1,797 | +€1,797 | |
| Gross operating margin | 9900 | €1,320,789 | €881,944 | -€438,845 | -33.2% |
| Operating profit (loss) | 9901 | €1,029,517 | €551,435 | -€478,082 | -46.4% |
| Financial income | 75/76B | €99,892 | €71,858 | -€28,034 | -28.1% |
| Recurring financial income | 75 | €99,892 | €71,858 | -€28,034 | -28.1% |
| Financial charges | 65/66B | €134,514 | €80,036 | -€54,478 | -40.5% |
| Recurring financial charges | 65 | €134,514 | €80,036 | -€54,478 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €994,895 | €543,257 | -€451,638 | -45.4% |
| Transfer from deferred taxes | 780 | €4,990 | €7,975 | +€2,985 | +59.8% |
| Income taxes | 67/77 | €259,631 | €123,896 | -€135,735 | -52.3% |
| Profit (loss) for the period | 9904 | €740,254 | €427,336 | -€312,918 | -42.3% |
| Transfer from tax-exempt reserves | 789 | €14,970 | €23,924 | +€8,954 | +59.8% |
| Transfer to tax-exempt reserves | 689 | - | €107,082 | +€107,082 | |
| Profit (loss) for the period to be appropriated | 9905 | €755,224 | €344,178 | -€411,046 | -54.4% |
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 15 October 2026 via checked.be.