Opulence: 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.
Opulence
Largest movements
- Receivables after one year +€150,230
up €150,230 (+82.8%), from €181,371 to €331,601
- Intangible fixed assets +€35,234
up €35,234 (+1700.5%), from €2,072 to €37,306
- Tangible fixed assets +€9,563
up €9,563 (+509.5%), from €1,877 to €11,440
of which Furniture and vehicles: +€9,158
- Cash -€8,227
down €8,227 (-25.1%), from €32,809 to €24,581
mainly Receivables after one year (-€150,230) and Investment in fixed assets (net) (-€47,913)
- Deferred charges and accrued income -€4,422
down €4,422 (-30.5%), from €14,496 to €10,074
- Profit (loss) carried forward +€146,541
up €146,541 (+82.6%), from €177,328 to €323,869
- Tax, wage and social debts +€25,492
up €25,492 (+50.1%), from €50,923 to €76,415
- Trade debts +€10,345
up €10,345 (+753.6%), from €1,373 to €11,718
- Gross operating margin -€7,505
down €7,505 (-3.8%), from €199,764 to €192,259
- Depreciation +€2,373
up €2,373 (+319.4%), from €743 to €3,116
- Taxes -€2,299
down €2,299 (-5.1%), from €44,926 to €42,627
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 | €232,624 | €415,002 | +€182,378 | +78.4% |
| Fixed assets | 21/28 | €3,949 | €48,746 | +€44,797 | +1134.4% |
| Intangible fixed assets | 21 | €2,072 | €37,306 | +€35,234 | +1700.5% |
| Tangible fixed assets | 22/27 | €1,877 | €11,440 | +€9,563 | +509.5% |
| Plant, machinery and equipment | 23 | €1,877 | €2,282 | +€405 | +21.6% |
| Furniture and vehicles | 24 | - | €9,158 | +€9,158 | |
| Current assets | 29/58 | €228,675 | €366,256 | +€137,581 | +60.2% |
| Amounts receivable after more than one year | 29 | €181,371 | €331,601 | +€150,230 | +82.8% |
| Other amounts receivable | 291 | €181,371 | €331,601 | +€150,230 | +82.8% |
| Cash at bank and in hand | 54/58 | €32,809 | €24,581 | -€8,227 | -25.1% |
| Deferred charges and accrued income | 490/1 | €14,496 | €10,074 | -€4,422 | -30.5% |
| Total equity and liabilities | 10/49 | €232,624 | €415,002 | +€182,378 | +78.4% |
| Equity | 10/15 | €180,328 | €326,869 | +€146,541 | +81.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,328 | €323,869 | +€146,541 | +82.6% |
| Amounts payable | 17/49 | €52,296 | €88,133 | +€35,837 | +68.5% |
| Amounts payable within one year | 42/48 | €52,296 | €88,133 | +€35,837 | +68.5% |
| Trade debts | 44 | €1,373 | €11,718 | +€10,345 | +753.6% |
| Suppliers | 440/4 | €1,373 | €11,718 | +€10,345 | +753.6% |
| Taxes, remuneration and social security | 45 | €50,923 | €76,415 | +€25,492 | +50.1% |
| Taxes | 450/3 | €50,923 | €76,415 | +€25,492 | +50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €743 | €3,116 | +€2,373 | +319.4% |
| Other operating charges | 640/8 | €402 | €537 | +€135 | +33.6% |
| Gross operating margin | 9900 | €199,764 | €192,259 | -€7,505 | -3.8% |
| Operating profit (loss) | 9901 | €198,619 | €188,606 | -€10,013 | -5.0% |
| Financial income | 75/76B | €164 | €1,465 | +€1,301 | +791.4% |
| Recurring financial income | 75 | €164 | €1,465 | +€1,301 | +791.4% |
| Financial charges | 65/66B | €155 | €904 | +€749 | +484.0% |
| Recurring financial charges | 65 | €155 | €904 | +€749 | +484.0% |
| Profit (loss) for the period before taxes | 9903 | €198,629 | €189,168 | -€9,461 | -4.8% |
| Income taxes | 67/77 | €44,926 | €42,627 | -€2,299 | -5.1% |
| Profit (loss) for the period | 9904 | €153,703 | €146,541 | -€7,162 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €153,703 | €146,541 | -€7,162 | -4.7% |
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 29 September 2026 via checked.be.