ROB OPALFVENS: what changed
Two financial 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.
ROB OPALFVENS
Largest movements
- Current investments -€140,081
down €140,081 (-70.0%), from €200,000 to €59,919
- Cash +€31,193
up €31,193 (+10.3%), from €303,808 to €335,001
mainly Current investments (+€140,081) and Net result for the year (+€107,459)
- Receivables within one year +€13,406
up €13,406 (+57.9%), from €23,158 to €36,563
of which Trade receivables: +€13,406
- Other debts -€67,584
down €67,584 (-42.2%), from €160,113 to €92,529
- Tax, wage and social debts -€27,247
down €27,247 (-67.6%), from €40,297 to €13,049
- Gross operating margin -€68,738
down €68,738 (-34.7%), from €198,117 to €129,379
- Taxes -€17,765
down €17,765 (-37.7%), from €47,157 to €29,392
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.
Derived cash bridge
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 | €527,860 | €432,166 | -€95,694 | -18.1% |
| Fixed assets | 21/28 | €795 | €548 | -€247 | -31.0% |
| Tangible fixed assets | 22/27 | €795 | €548 | -€247 | -31.0% |
| Furniture and vehicles | 24 | €795 | €548 | -€247 | -31.0% |
| Current assets | 29/58 | €527,065 | €431,618 | -€95,447 | -18.1% |
| Amounts receivable within one year | 40/41 | €23,158 | €36,563 | +€13,406 | +57.9% |
| Trade receivables | 40 | €17,278 | €30,684 | +€13,406 | +77.6% |
| Other amounts receivable | 41 | €5,880 | €5,880 | = | 0.0% |
| Current investments | 50/53 | €200,000 | €59,919 | -€140,081 | -70.0% |
| Cash at bank and in hand | 54/58 | €303,808 | €335,001 | +€31,193 | +10.3% |
| Deferred charges and accrued income | 490/1 | €99 | €134 | +€35 | +35.7% |
| Total equity and liabilities | 10/49 | €527,860 | €432,166 | -€95,694 | -18.1% |
| Equity | 10/15 | €326,367 | €326,367 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €323,867 | €323,867 | = | 0.0% |
| Distributable reserves | 133 | €323,867 | €323,867 | = | 0.0% |
| Amounts payable | 17/49 | €201,493 | €105,800 | -€95,694 | -47.5% |
| Amounts payable within one year | 42/48 | €201,493 | €105,800 | -€95,694 | -47.5% |
| Trade debts | 44 | €1,084 | €221 | -€863 | -79.6% |
| Suppliers | 440/4 | €1,084 | €221 | -€863 | -79.6% |
| Taxes, remuneration and social security | 45 | €40,297 | €13,049 | -€27,247 | -67.6% |
| Taxes | 450/3 | €40,297 | €13,049 | -€27,247 | -67.6% |
| Other amounts payable | 47/48 | €160,113 | €92,529 | -€67,584 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247 | €247 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €198,117 | €129,379 | -€68,738 | -34.7% |
| Operating profit (loss) | 9901 | €197,483 | €128,732 | -€68,751 | -34.8% |
| Financial income | 75/76B | €10,123 | €8,392 | -€1,730 | -17.1% |
| Recurring financial income | 75 | €10,123 | €8,392 | -€1,730 | -17.1% |
| Financial charges | 65/66B | €117 | €273 | +€156 | +133% |
| Recurring financial charges | 65 | €117 | €273 | +€156 | +133% |
| Profit (loss) for the period before taxes | 9903 | €207,488 | €136,851 | -€70,637 | -34.0% |
| Income taxes | 67/77 | €47,157 | €29,392 | -€17,765 | -37.7% |
| Profit (loss) for the period | 9904 | €160,331 | €107,459 | -€52,872 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €160,331 | €107,459 | -€52,872 | -33.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.