OPUS CONSULT: 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 CONSULT
Largest movements
- Current investments -€50,282
down €50,282 (-100.0%), from €50,282 to €0
- Receivables within one year +€22,865
up €22,865 (+252.8%), from €9,045 to €31,910
of which Trade receivables: +€16,929
- Tangible fixed assets -€21,964
down €21,964 (-9.7%), from €227,070 to €205,106
of which Furniture and vehicles: -€16,784
- Receivables after one year -€4,538
down €4,538 (-9.6%), from €47,295 to €42,757
- Other debts -€35,107
down €35,107 (-65.6%), from €53,545 to €18,437
- Reserves +€32,776
up €32,776 (+11.2%), from €293,734 to €326,510
- Debts after one year -€26,095
down €26,095 (-100.0%), from €26,095 to €0
- Current portion of long-term debt -€10,469
down €10,469 (-100.0%), from €10,469 to €0
- Short-term financial debts -€7,885
down €7,885 (-98.9%), from €7,970 to €85
- Gross operating margin -€34,268
down €34,268 (-32.7%), from €104,913 to €70,645
- Taxes -€9,048
down €9,048 (-38.4%), from €23,541 to €14,493
- Financial charges -€2,191
down €2,191 (-33.5%), from €6,546 to €4,355
- Financial income -€1,507
down €1,507 (-43.7%), from €3,452 to €1,945
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 | €425,565 | €370,414 | -€55,151 | -13.0% |
| Fixed assets | 21/28 | €227,070 | €205,106 | -€21,964 | -9.7% |
| Tangible fixed assets | 22/27 | €227,070 | €205,106 | -€21,964 | -9.7% |
| Land and buildings | 22 | €172,568 | €167,801 | -€4,767 | -2.8% |
| Plant, machinery and equipment | 23 | €413 | €0 | -€413 | -100.0% |
| Furniture and vehicles | 24 | €54,089 | €37,305 | -€16,784 | -31.0% |
| Current assets | 29/58 | €198,495 | €165,308 | -€33,187 | -16.7% |
| Amounts receivable after more than one year | 29 | €47,295 | €42,757 | -€4,538 | -9.6% |
| Other amounts receivable | 291 | €47,295 | €42,757 | -€4,538 | -9.6% |
| Amounts receivable within one year | 40/41 | €9,045 | €31,910 | +€22,865 | +252.8% |
| Trade receivables | 40 | €4,575 | €21,504 | +€16,929 | +370.0% |
| Other amounts receivable | 41 | €4,470 | €10,406 | +€5,936 | +132.8% |
| Current investments | 50/53 | €50,282 | €0 | -€50,282 | -100.0% |
| Cash at bank and in hand | 54/58 | €91,111 | €89,275 | -€1,836 | -2.0% |
| Deferred charges and accrued income | 490/1 | €763 | €1,366 | +€603 | +79.0% |
| Total equity and liabilities | 10/49 | €425,565 | €370,414 | -€55,151 | -13.0% |
| Equity | 10/15 | €306,234 | €339,010 | +€32,776 | +10.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €293,734 | €326,510 | +€32,776 | +11.2% |
| Distributable reserves | 133 | €293,734 | €326,510 | +€32,776 | +11.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €119,332 | €31,404 | -€87,928 | -73.7% |
| Amounts payable after more than one year | 17 | €26,095 | €0 | -€26,095 | -100.0% |
| Financial debts | 170/4 | €26,095 | €0 | -€26,095 | -100.0% |
| Amounts payable within one year | 42/48 | €87,906 | €27,823 | -€60,083 | -68.3% |
| Current portion of amounts payable after more than one year | 42 | €10,469 | €0 | -€10,469 | -100.0% |
| Financial debts | 43 | €7,970 | €85 | -€7,885 | -98.9% |
| Credit institutions | 430/8 | €7,970 | €85 | -€7,885 | -98.9% |
| Trade debts | 44 | €2,018 | €2,607 | +€589 | +29.2% |
| Suppliers | 440/4 | €2,018 | €2,607 | +€589 | +29.2% |
| Taxes, remuneration and social security | 45 | €13,904 | €6,694 | -€7,210 | -51.9% |
| Taxes | 450/3 | €13,904 | €4,997 | -€8,907 | -64.1% |
| Remuneration and social security | 454/9 | €0 | €1,697 | +€1,697 | |
| Other amounts payable | 47/48 | €53,545 | €18,437 | -€35,107 | -65.6% |
| Accrued charges and deferred income | 492/3 | €5,330 | €3,581 | -€1,749 | -32.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,430 | €16,697 | -€733 | -4.2% |
| Other operating charges | 640/8 | €1,788 | €1,138 | -€650 | -36.3% |
| Non-recurring operating charges | 66A | - | €2,297 | +€2,297 | |
| Gross operating margin | 9900 | €104,913 | €70,645 | -€34,268 | -32.7% |
| Operating profit (loss) | 9901 | €85,695 | €50,513 | -€35,182 | -41.1% |
| Financial income | 75/76B | €3,452 | €1,945 | -€1,507 | -43.7% |
| Recurring financial income | 75 | €3,452 | €1,945 | -€1,507 | -43.7% |
| Financial charges | 65/66B | €6,546 | €4,355 | -€2,191 | -33.5% |
| Recurring financial charges | 65 | €6,546 | €4,355 | -€2,191 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €82,600 | €48,102 | -€34,498 | -41.8% |
| Income taxes | 67/77 | €23,541 | €14,493 | -€9,048 | -38.4% |
| Profit (loss) for the period | 9904 | €59,060 | €33,609 | -€25,450 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,060 | €33,609 | -€25,450 | -43.1% |
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 3 October 2026 via checked.be.