OPUS GROUP: 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 GROUP
Largest movements
- Receivables within one year -€84,691
down €84,691 (-20.0%), from €424,164 to €339,472
of which Trade receivables: -€178,911
- Cash -€72,693
down €72,693 (-61.7%), from €117,815 to €45,122
mainly Current portion of long-term debt (-€66,384) and Accrued charges and deferred income (-€51,942)
- Tangible fixed assets -€34,615
down €34,615 (-9.0%), from €383,120 to €348,505
of which Land and buildings: -€35,953
- Current portion of long-term debt -€66,384
down €66,384 (-54.4%), from €121,947 to €55,563
- Accrued charges and deferred income -€51,942
down €51,942 (-87.0%), from €59,728 to €7,787
- Short-term financial debts -€37,207
down €37,207 (-27.1%), from €137,207 to €100,000
of which Other loans: -€27,207
- Debts after one year -€25,646
down €25,646 (-8.2%), from €313,487 to €287,841
- Tax, wage and social debts -€16,392
down €16,392 (-9.3%), from €176,533 to €160,141
of which Remuneration and social security: -€45,530
- Gross operating margin -€272,558
down €272,558 (-16.5%), from €1.7m to €1.4m
- Staff costs -€258,975
down €258,975 (-16.7%), from €1.6m to €1.3m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,015,362 | €826,396 | -€188,967 | -18.6% |
| Formation expenses | 20 | €318 | €0 | -€318 | -100.0% |
| Fixed assets | 21/28 | €385,875 | €350,605 | -€35,270 | -9.1% |
| Intangible fixed assets | 21 | €655 | €0 | -€655 | -100.0% |
| Tangible fixed assets | 22/27 | €383,120 | €348,505 | -€34,615 | -9.0% |
| Land and buildings | 22 | €335,739 | €299,785 | -€35,953 | -10.7% |
| Plant, machinery and equipment | 23 | €46,961 | €45,093 | -€1,868 | -4.0% |
| Furniture and vehicles | 24 | €420 | €3,627 | +€3,207 | +762.9% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €629,168 | €475,790 | -€153,378 | -24.4% |
| Amounts receivable after more than one year | 29 | €28,500 | €28,500 | = | 0.0% |
| Trade receivables | 290 | €28,500 | €28,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €424,164 | €339,472 | -€84,691 | -20.0% |
| Trade receivables | 40 | €331,450 | €152,539 | -€178,911 | -54.0% |
| Other amounts receivable | 41 | €92,714 | €186,933 | +€94,220 | +101.6% |
| Cash at bank and in hand | 54/58 | €117,815 | €45,122 | -€72,693 | -61.7% |
| Deferred charges and accrued income | 490/1 | €58,690 | €62,696 | +€4,006 | +6.8% |
| Total equity and liabilities | 10/49 | €1,015,362 | €826,396 | -€188,967 | -18.6% |
| Equity | 10/15 | €202,318 | €204,902 | +€2,584 | +1.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €177,318 | €179,902 | +€2,584 | +1.5% |
| Distributable reserves | 133 | €177,318 | €179,902 | +€2,584 | +1.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €813,044 | €621,493 | -€191,551 | -23.6% |
| Amounts payable after more than one year | 17 | €313,487 | €287,841 | -€25,646 | -8.2% |
| Financial debts | 170/4 | €313,487 | €287,841 | -€25,646 | -8.2% |
| Amounts payable within one year | 42/48 | €439,829 | €325,866 | -€113,964 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €121,947 | €55,563 | -€66,384 | -54.4% |
| Financial debts | 43 | €137,207 | €100,000 | -€37,207 | -27.1% |
| Credit institutions | 430/8 | €110,000 | €100,000 | -€10,000 | -9.1% |
| Other loans | 439 | €27,207 | - | -€27,207 | |
| Trade debts | 44 | €4,143 | €10,161 | +€6,019 | +145.3% |
| Suppliers | 440/4 | €4,143 | €10,161 | +€6,019 | +145.3% |
| Taxes, remuneration and social security | 45 | €176,533 | €160,141 | -€16,392 | -9.3% |
| Taxes | 450/3 | €45,826 | €74,964 | +€29,139 | +63.6% |
| Remuneration and social security | 454/9 | €130,707 | €85,177 | -€45,530 | -34.8% |
| Accrued charges and deferred income | 492/3 | €59,728 | €7,787 | -€51,942 | -87.0% |
| Remuneration, social security and pensions | 62 | €1,554,726 | €1,295,751 | -€258,975 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,367 | €48,123 | +€756 | +1.6% |
| Other operating charges | 640/8 | €7,016 | €4,189 | -€2,827 | -40.3% |
| Gross operating margin | 9900 | €1,651,449 | €1,378,891 | -€272,558 | -16.5% |
| Operating profit (loss) | 9901 | €42,341 | €30,828 | -€11,513 | -27.2% |
| Financial income | 75/76B | €2,024 | €6,929 | +€4,905 | +242.4% |
| Recurring financial income | 75 | €2,024 | €6,929 | +€4,905 | +242.4% |
| Financial charges | 65/66B | €18,472 | €26,603 | +€8,131 | +44.0% |
| Recurring financial charges | 65 | €18,472 | €26,603 | +€8,131 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €25,893 | €11,154 | -€14,739 | -56.9% |
| Income taxes | 67/77 | €12,011 | €8,570 | -€3,441 | -28.6% |
| Profit (loss) for the period | 9904 | €13,882 | €2,584 | -€11,298 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,882 | €2,584 | -€11,298 | -81.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.