OPUS 400: 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 400
Largest movements
- Receivables within one year -€8,150
down €8,150 (-70.2%), from €11,603 to €3,454
of which Trade receivables: -€9,337
- Cash +€2,146
up €2,146 (+1.6%), from €130,674 to €132,820
mainly Receivables within one year (+€8,150) and Net result for the year (+€6,823)
- Other debts -€7,618
no longer reported in 2025 (was €7,618)
- Reserves +€6,800
up €6,800 (+33.3%), from €20,400 to €27,200
- Tax, wage and social debts -€4,307
down €4,307 (-31.0%), from €13,874 to €9,566
of which Taxes: -€4,534
- Trade debts -€2,312
no longer reported in 2025 (was €2,312)
- Gross operating margin -€9,034
down €9,034 (-46.5%), from €19,422 to €10,388
- Taxes -€3,947
down €3,947 (-62.3%), from €6,335 to €2,388
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 | €144,505 | €137,091 | -€7,414 | -5.1% |
| Fixed assets | 21/28 | €377 | €42 | -€335 | -88.8% |
| Tangible fixed assets | 22/27 | €377 | €42 | -€335 | -88.8% |
| Furniture and vehicles | 24 | €377 | €42 | -€335 | -88.8% |
| Current assets | 29/58 | €144,127 | €137,048 | -€7,079 | -4.9% |
| Stocks and contracts in progress | 3 | €775 | €775 | = | 0.0% |
| Stocks | 30/36 | €775 | €775 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,603 | €3,454 | -€8,150 | -70.2% |
| Trade receivables | 40 | €10,144 | €808 | -€9,337 | -92.0% |
| Other amounts receivable | 41 | €1,459 | €2,646 | +€1,187 | +81.3% |
| Cash at bank and in hand | 54/58 | €130,674 | €132,820 | +€2,146 | +1.6% |
| Deferred charges and accrued income | 490/1 | €1,076 | - | -€1,076 | |
| Total equity and liabilities | 10/49 | €144,505 | €137,091 | -€7,414 | -5.1% |
| Equity | 10/15 | €120,531 | €127,354 | +€6,823 | +5.7% |
| Reserves | 13 | €20,400 | €27,200 | +€6,800 | +33.3% |
| Distributable reserves | 133 | €20,400 | €27,200 | +€6,800 | +33.3% |
| Profit (loss) carried forward | 14 | €100,131 | €100,154 | +€23 | 0.0% |
| Amounts payable | 17/49 | €23,973 | €9,736 | -€14,237 | -59.4% |
| Amounts payable after more than one year | 17 | €170 | €170 | = | 0.0% |
| Other amounts payable | 178/9 | €170 | €170 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,803 | €9,566 | -€14,237 | -59.8% |
| Trade debts | 44 | €2,312 | - | -€2,312 | |
| Suppliers | 440/4 | €2,312 | - | -€2,312 | |
| Taxes, remuneration and social security | 45 | €13,874 | €9,566 | -€4,307 | -31.0% |
| Taxes | 450/3 | €5,054 | €520 | -€4,534 | -89.7% |
| Remuneration and social security | 454/9 | €8,820 | €9,046 | +€226 | +2.6% |
| Other amounts payable | 47/48 | €7,618 | - | -€7,618 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335 | €335 | = | 0.0% |
| Other operating charges | 640/8 | €943 | €1,068 | +€125 | +13.2% |
| Gross operating margin | 9900 | €19,422 | €10,388 | -€9,034 | -46.5% |
| Operating profit (loss) | 9901 | €18,144 | €8,985 | -€9,159 | -50.5% |
| Financial income | 75/76B | €197 | €337 | +€140 | +71.2% |
| Recurring financial income | 75 | €197 | €337 | +€140 | +71.2% |
| Financial charges | 65/66B | €88 | €111 | +€23 | +26.5% |
| Recurring financial charges | 65 | €88 | €111 | +€23 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €18,253 | €9,211 | -€9,042 | -49.5% |
| Income taxes | 67/77 | €6,335 | €2,388 | -€3,947 | -62.3% |
| Profit (loss) for the period | 9904 | €11,918 | €6,823 | -€5,095 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,918 | €6,823 | -€5,095 | -42.8% |
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 6 October 2026 via checked.be.