OPUS: 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.
OPUS
Largest movements
- Tangible fixed assets +€239,976
up €239,976 (+440.2%), from €54,511 to €294,487
of which Land and buildings: +€260,000
- Receivables within one year +€59,200
up €59,200 (+1170.8%), from €5,056 to €64,257
of which Other amounts receivable: +€56,456
- Cash +€17,388
up €17,388 (+48.8%), from €35,658 to €53,047
mainly Other debts (+€265,692) and Net result for the year (+€34,775)
- Stocks and contracts +€5,126
up €5,126 (+28.3%), from €18,124 to €23,250
- Other debts +€265,692
up €265,692 (+247.6%), from €107,286 to €372,977
- Profit (loss) carried forward +€34,775
up €34,775, from -€17,536 to €17,239
- Trade debts +€12,847
up €12,847 (+177.5%), from €7,236 to €20,082
- Accrued charges and deferred income +€8,273
up €8,273 (+149.2%), from €5,544 to €13,817
- Gross operating margin +€24,643
up €24,643 (+61.0%), from €40,376 to €65,018
- Financial charges +€6,514
up €6,514 (+2397.8%), from €272 to €6,786
- Taxes +€766
new in 2025: €766
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 | €114,148 | €435,093 | +€320,946 | +281.2% |
| Formation expenses | 20 | €678 | €53 | -€625 | -92.2% |
| Fixed assets | 21/28 | €54,511 | €294,487 | +€239,976 | +440.2% |
| Tangible fixed assets | 22/27 | €54,511 | €294,487 | +€239,976 | +440.2% |
| Land and buildings | 22 | - | €260,000 | +€260,000 | |
| Plant, machinery and equipment | 23 | €54,511 | €34,487 | -€20,024 | -36.7% |
| Current assets | 29/58 | €58,959 | €140,554 | +€81,595 | +138.4% |
| Stocks and contracts in progress | 3 | €18,124 | €23,250 | +€5,126 | +28.3% |
| Stocks | 30/36 | €18,124 | €23,250 | +€5,126 | +28.3% |
| Amounts receivable within one year | 40/41 | €5,056 | €64,257 | +€59,200 | +1170.8% |
| Trade receivables | 40 | €5,056 | €7,801 | +€2,745 | +54.3% |
| Other amounts receivable | 41 | - | €56,456 | +€56,456 | |
| Cash at bank and in hand | 54/58 | €35,658 | €53,047 | +€17,388 | +48.8% |
| Deferred charges and accrued income | 490/1 | €120 | - | -€120 | |
| Total equity and liabilities | 10/49 | €114,148 | €435,093 | +€320,946 | +281.2% |
| Equity | 10/15 | -€7,536 | €27,239 | +€34,775 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,536 | €17,239 | +€34,775 | |
| Amounts payable | 17/49 | €121,683 | €407,854 | +€286,171 | +235.2% |
| Amounts payable within one year | 42/48 | €116,139 | €394,037 | +€277,898 | +239.3% |
| Trade debts | 44 | €7,236 | €20,082 | +€12,847 | +177.5% |
| Suppliers | 440/4 | €7,236 | €20,082 | +€12,847 | +177.5% |
| Taxes, remuneration and social security | 45 | €1,618 | €977 | -€641 | -39.6% |
| Taxes | 450/3 | €1,618 | €977 | -€641 | -39.6% |
| Other amounts payable | 47/48 | €107,286 | €372,977 | +€265,692 | +247.6% |
| Accrued charges and deferred income | 492/3 | €5,544 | €13,817 | +€8,273 | +149.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,463 | €21,974 | +€511 | +2.4% |
| Other operating charges | 640/8 | €393 | €717 | +€324 | +82.4% |
| Gross operating margin | 9900 | €40,376 | €65,018 | +€24,643 | +61.0% |
| Operating profit (loss) | 9901 | €18,519 | €42,327 | +€23,807 | +128.6% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €272 | €6,786 | +€6,514 | +2397.8% |
| Recurring financial charges | 65 | €272 | €6,786 | +€6,514 | +2397.8% |
| Profit (loss) for the period before taxes | 9903 | €18,265 | €35,541 | +€17,275 | +94.6% |
| Income taxes | 67/77 | - | €766 | +€766 | |
| Profit (loss) for the period | 9904 | €18,265 | €34,775 | +€16,510 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,265 | €34,775 | +€16,510 | +90.4% |
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 12 October 2026 via checked.be.