OPUS 10: 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.
OPUS 10
Largest movements
- Cash +€24,256
up €24,256 (+36.4%), from €66,617 to €90,872
mainly Net result for the year (+€35,731) and Depreciation (+€15,285)
- Receivables within one year +€23,139
up €23,139 (+84.6%), from €27,346 to €50,485
of which Other amounts receivable: +€24,891
- Tangible fixed assets +€13,497
up €13,497 (+103.9%), from €12,986 to €26,483
of which Furniture and vehicles: +€16,350
- Reserves +€23,591
up €23,591 (+69.4%), from €33,981 to €57,572
of which Distributable reserves: +€23,591
- Tax, wage and social debts +€14,140
up €14,140 (+39.6%), from €35,743 to €49,883
of which Taxes: +€16,627
- Other debts +€12,140
new in 2025: €12,140
- Trade debts +€11,677
up €11,677 (+42.9%), from €27,233 to €38,911
- Gross operating margin +€59,577
up €59,577 (+44.0%), from €135,354 to €194,931
- Taxes +€13,905
new in 2025: €13,905
- Staff costs +€8,487
up €8,487 (+7.3%), from €116,780 to €125,267
- Depreciation +€3,576
up €3,576 (+30.5%), from €11,709 to €15,285
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 | €118,023 | €179,529 | +€61,507 | +52.1% |
| Fixed assets | 21/28 | €22,166 | €35,663 | +€13,497 | +60.9% |
| Tangible fixed assets | 22/27 | €12,986 | €26,483 | +€13,497 | +103.9% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €16,350 | +€16,350 | |
| Other tangible fixed assets | 26 | €12,986 | €10,133 | -€2,853 | -22.0% |
| Financial fixed assets | 28 | €9,180 | €9,180 | = | 0.0% |
| Current assets | 29/58 | €95,857 | €143,866 | +€48,010 | +50.1% |
| Amounts receivable within one year | 40/41 | €27,346 | €50,485 | +€23,139 | +84.6% |
| Trade receivables | 40 | €1,970 | €218 | -€1,752 | -88.9% |
| Other amounts receivable | 41 | €25,376 | €50,267 | +€24,891 | +98.1% |
| Cash at bank and in hand | 54/58 | €66,617 | €90,872 | +€24,256 | +36.4% |
| Deferred charges and accrued income | 490/1 | €1,894 | €2,509 | +€614 | +32.4% |
| Total equity and liabilities | 10/49 | €118,023 | €179,529 | +€61,507 | +52.1% |
| Equity | 10/15 | €54,115 | €77,706 | +€23,591 | +43.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €33,981 | €57,572 | +€23,591 | +69.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,121 | €55,712 | +€23,591 | +73.4% |
| Profit (loss) carried forward | 14 | €7,733 | €7,733 | = | 0.0% |
| Amounts payable | 17/49 | €63,908 | €101,824 | +€37,916 | +59.3% |
| Amounts payable within one year | 42/48 | €63,333 | €101,359 | +€38,026 | +60.0% |
| Financial debts | 43 | €357 | €426 | +€69 | +19.2% |
| Credit institutions | 430/8 | €357 | €426 | +€69 | +19.2% |
| Trade debts | 44 | €27,233 | €38,911 | +€11,677 | +42.9% |
| Suppliers | 440/4 | €27,233 | €38,911 | +€11,677 | +42.9% |
| Taxes, remuneration and social security | 45 | €35,743 | €49,883 | +€14,140 | +39.6% |
| Taxes | 450/3 | €20,007 | €36,635 | +€16,627 | +83.1% |
| Remuneration and social security | 454/9 | €15,735 | €13,248 | -€2,487 | -15.8% |
| Other amounts payable | 47/48 | - | €12,140 | +€12,140 | |
| Accrued charges and deferred income | 492/3 | €575 | €465 | -€110 | -19.1% |
| Non-recurring operating income | 76A | €196 | €0 | -€196 | -100.0% |
| Remuneration, social security and pensions | 62 | €116,780 | €125,267 | +€8,487 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,709 | €15,285 | +€3,576 | +30.5% |
| Other operating charges | 640/8 | €2,032 | €1,802 | -€231 | -11.3% |
| Non-recurring operating charges | 66A | €3,400 | €0 | -€3,400 | -100.0% |
| Gross operating margin | 9900 | €135,354 | €194,931 | +€59,577 | +44.0% |
| Operating profit (loss) | 9901 | €1,432 | €52,577 | +€51,145 | +3570.7% |
| Financial income | 75/76B | €0 | €36 | +€36 | |
| Recurring financial income | 75 | €0 | €36 | +€36 | |
| Financial charges | 65/66B | €2,168 | €2,978 | +€810 | +37.4% |
| Recurring financial charges | 65 | €2,168 | €2,978 | +€810 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | -€735 | €49,636 | +€50,371 | |
| Income taxes | 67/77 | - | €13,905 | +€13,905 | |
| Profit (loss) for the period | 9904 | -€735 | €35,731 | +€36,466 | |
| Profit (loss) for the period to be appropriated | 9905 | -€735 | €35,731 | +€36,466 |
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.