OPTEM: 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.
OPTEM
Largest movements
- Tangible fixed assets -€11,940
down €11,940 (-11.5%), from €103,594 to €91,654
of which Land and buildings: -€7,246
- Cash -€3,929
down €3,929 (-77.1%), from €5,096 to €1,167
mainly Other debts (-€14,538) and Net result for the year (-€5,609)
- Receivables within one year +€2,500
new in 2025: €2,500
- Other debts -€14,538
down €14,538 (-8.2%), from €178,092 to €163,554
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Profit (loss) carried forward -€5,609
down €5,609 (-6.8%), from -€82,281 to -€87,890
- Gross operating margin +€2,605
up €2,605 (+46.3%), from €5,627 to €8,232
- Other operating charges +€740
up €740 (+75.9%), from €975 to €1,715
- Depreciation +€713
up €713 (+6.3%), from €11,228 to €11,940
- Financial charges +€125
up €125 (+208%), from €60 to €185
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 | €108,690 | €95,321 | -€13,369 | -12.3% |
| Fixed assets | 21/28 | €103,594 | €91,654 | -€11,940 | -11.5% |
| Tangible fixed assets | 22/27 | €103,594 | €91,654 | -€11,940 | -11.5% |
| Land and buildings | 22 | €88,767 | €81,520 | -€7,246 | -8.2% |
| Plant, machinery and equipment | 23 | €14,828 | €10,133 | -€4,694 | -31.7% |
| Current assets | 29/58 | €5,096 | €3,667 | -€1,429 | -28.0% |
| Amounts receivable within one year | 40/41 | - | €2,500 | +€2,500 | |
| Trade receivables | 40 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €5,096 | €1,167 | -€3,929 | -77.1% |
| Total equity and liabilities | 10/49 | €108,690 | €95,321 | -€13,369 | -12.3% |
| Equity | 10/15 | -€69,881 | -€69,290 | +€591 | +0.8% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Profit (loss) carried forward | 14 | -€82,281 | -€87,890 | -€5,609 | -6.8% |
| Amounts payable | 17/49 | €178,571 | €164,611 | -€13,960 | -7.8% |
| Amounts payable within one year | 42/48 | €178,571 | €164,611 | -€13,960 | -7.8% |
| Trade debts | 44 | €480 | €1,057 | +€578 | +120% |
| Suppliers | 440/4 | €480 | €1,057 | +€578 | +120% |
| Other amounts payable | 47/48 | €178,092 | €163,554 | -€14,538 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,228 | €11,940 | +€713 | +6.3% |
| Other operating charges | 640/8 | €975 | €1,715 | +€740 | +75.9% |
| Gross operating margin | 9900 | €5,627 | €8,232 | +€2,605 | +46.3% |
| Operating profit (loss) | 9901 | -€6,576 | -€5,424 | +€1,153 | +17.5% |
| Financial charges | 65/66B | €60 | €185 | +€125 | +208% |
| Recurring financial charges | 65 | €60 | €185 | +€125 | +208% |
| Profit (loss) for the period before taxes | 9903 | -€6,636 | -€5,609 | +€1,028 | +15.5% |
| Profit (loss) for the period | 9904 | -€6,636 | -€5,609 | +€1,028 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,636 | -€5,609 | +€1,028 | +15.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.