THE OPEN GROUP: 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.
THE OPEN GROUP
Largest movements
- Cash +€6,166
up €6,166 (+74.5%), from €8,277 to €14,443
mainly Tax, wage and social debts (+€3,780) and Net result for the year (+€3,106)
- Receivables within one year +€5,074
up €5,074 (+338%), from €1,503 to €6,577
of which Trade receivables: +€5,866
- Deferred charges and accrued income -€1,998
no longer reported in 2026 (was €1,998)
- Tax, wage and social debts +€3,780
up €3,780 (+2,059%), from €184 to €3,964
- Profit (loss) carried forward +€3,106
up €3,106 (+84.4%), from €3,679 to €6,785
- Other debts +€2,357
up €2,357 (+384%), from €614 to €2,971
- Gross operating margin +€4,362
up €4,362 (+329%), from €1,327 to €5,689
- Taxes +€1,942
up €1,942 (+1,058%), from €184 to €2,126
- Depreciation -€221
no longer reported in 2026 (was €221)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,777 | €21,020 | +€9,243 | +78.5% |
| Current assets | 29/58 | €11,777 | €21,020 | +€9,243 | +78.5% |
| Amounts receivable within one year | 40/41 | €1,503 | €6,577 | +€5,074 | +338% |
| Trade receivables | 40 | €711 | €6,577 | +€5,866 | +825% |
| Other amounts receivable | 41 | €792 | - | -€792 | |
| Cash at bank and in hand | 54/58 | €8,277 | €14,443 | +€6,166 | +74.5% |
| Deferred charges and accrued income | 490/1 | €1,998 | - | -€1,998 | |
| Total equity and liabilities | 10/49 | €11,777 | €21,020 | +€9,243 | +78.5% |
| Equity | 10/15 | €10,979 | €14,085 | +€3,106 | +28.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,100 | €1,100 | = | 0.0% |
| Distributable reserves | 133 | €1,100 | €1,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,679 | €6,785 | +€3,106 | +84.4% |
| Amounts payable | 17/49 | €798 | €6,935 | +€6,137 | +769% |
| Amounts payable within one year | 42/48 | €798 | €6,935 | +€6,137 | +769% |
| Taxes, remuneration and social security | 45 | €184 | €3,964 | +€3,780 | +2,059% |
| Taxes | 450/3 | €184 | €3,964 | +€3,780 | +2,059% |
| Other amounts payable | 47/48 | €614 | €2,971 | +€2,357 | +384% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221 | - | -€221 | |
| Other operating charges | 640/8 | €387 | €411 | +€24 | +6.2% |
| Gross operating margin | 9900 | €1,327 | €5,689 | +€4,362 | +329% |
| Operating profit (loss) | 9901 | €719 | €5,277 | +€4,559 | +634% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €674 | €5,232 | +€4,559 | +677% |
| Income taxes | 67/77 | €184 | €2,126 | +€1,942 | +1,058% |
| Profit (loss) for the period | 9904 | €490 | €3,106 | +€2,616 | +534% |
| Profit (loss) for the period to be appropriated | 9905 | €490 | €3,106 | +€2,616 | +534% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.