OpWeg: 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.
OpWeg
Largest movements
- Receivables within one year -€63,509
down €63,509 (-25.7%), from €247,358 to €183,850
- Cash -€61,908
down €61,908 (-13.8%), from €449,130 to €387,222
mainly Net result for the year (-€183,056) and Investment in fixed assets (net) (-€37,694)
- Tangible fixed assets +€15,195
up €15,195 (+12.1%), from €125,090 to €140,285
of which Other tangible fixed assets: +€15,089
- Profit (loss) carried forward -€212,789
down €212,789 (-67.4%), from €315,747 to €102,958
- Debts within one year +€86,439
up €86,439 (+23.1%), from €374,729 to €461,167
of which Tax, wage and social debts: +€85,447
- Reserves +€29,733
up €29,733 (+17.3%), from €171,691 to €201,425
- Staff costs +€298,521
up €298,521 (+12.0%), from €2.5m to €2.8m
- Gross operating margin +€268,226
up €268,226 (+10.5%), from €2.5m to €2.8m
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 | €940,925 | €837,674 | -€103,252 | -11.0% |
| Fixed assets | 21/28 | €125,090 | €144,111 | +€19,020 | +15.2% |
| Intangible fixed assets | 21 | - | €2,506 | +€2,506 | |
| Tangible fixed assets | 22/27 | €125,090 | €140,285 | +€15,195 | +12.1% |
| Land and buildings | 22 | €6,816 | €5,655 | -€1,161 | -17.0% |
| Furniture and vehicles | 24 | €8,398 | €9,665 | +€1,267 | +15.1% |
| Other tangible fixed assets | 26 | €109,875 | €124,964 | +€15,089 | +13.7% |
| Financial fixed assets | 28 | - | €1,320 | +€1,320 | |
| Current assets | 29/58 | €815,835 | €693,563 | -€122,272 | -15.0% |
| Amounts receivable within one year | 40/41 | €247,358 | €183,850 | -€63,509 | -25.7% |
| Trade receivables | 40 | €247,358 | €183,850 | -€63,509 | -25.7% |
| Current investments | 50/53 | €103,585 | €103,585 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €449,130 | €387,222 | -€61,908 | -13.8% |
| Deferred charges and accrued income | 490/1 | €15,762 | €18,907 | +€3,145 | +20.0% |
| Total equity and liabilities | 10/49 | €940,925 | €837,674 | -€103,252 | -11.0% |
| Equity | 10/15 | €487,438 | €304,382 | -€183,056 | -37.6% |
| Reserves | 13 | €171,691 | €201,425 | +€29,733 | +17.3% |
| Profit (loss) carried forward | 14 | €315,747 | €102,958 | -€212,789 | -67.4% |
| Amounts payable | 17/49 | €453,487 | €533,292 | +€79,804 | +17.6% |
| Amounts payable after more than one year | 17 | €78,759 | €72,031 | -€6,728 | -8.5% |
| Financial debts | 170/4 | €78,759 | €72,031 | -€6,728 | -8.5% |
| Amounts payable within one year | 42/48 | €374,729 | €461,167 | +€86,439 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €6,403 | €6,728 | +€325 | +5.1% |
| Trade debts | 44 | €17,174 | €16,565 | -€609 | -3.5% |
| Suppliers | 440/4 | €17,174 | €16,565 | -€609 | -3.5% |
| Taxes, remuneration and social security | 45 | €350,177 | €435,624 | +€85,447 | +24.4% |
| Taxes | 450/3 | €26,152 | €39,961 | +€13,809 | +52.8% |
| Remuneration and social security | 454/9 | €324,025 | €395,663 | +€71,638 | +22.1% |
| Accrued charges and deferred income | 492/3 | - | €94 | +€94 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,478,303 | €2,776,824 | +€298,521 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,310 | €18,673 | -€636 | -3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €41,236 | €37,410 | -€3,827 | -9.3% |
| Non-recurring operating charges | 66A | €31,663 | €160,401 | +€128,738 | +406.6% |
| Gross operating margin | 9900 | €2,546,472 | €2,814,697 | +€268,226 | +10.5% |
| Operating profit (loss) | 9901 | -€24,040 | -€178,611 | -€154,570 | -643.0% |
| Financial income | 75/76B | €65 | €8 | -€57 | -88.0% |
| Recurring financial income | 75 | €65 | €8 | -€57 | -88.0% |
| Financial charges | 65/66B | €4,666 | €4,453 | -€213 | -4.6% |
| Recurring financial charges | 65 | €4,666 | €4,453 | -€213 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,642 | -€183,056 | -€154,414 | -539.1% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€28,642 | -€183,056 | -€154,414 | -539.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,642 | -€183,056 | -€154,414 | -539.1% |
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 2 October 2026 via checked.be.