Opcore: what changed
What changed
Opcore
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€113,041
2024 · €86,598+€26,443
Equity
€288,312
2024 · €341,253-€52,941
Cash
€256,339
2024 · €220,123+€36,216
Balance sheet total
€421,803
2024 · €376,688+€45,115
Largest movements
Assets
- Cash +€36,216
up €36,216 (+16.5%), from €220,123 to €256,339
mainly Other debts (+€116,247) and Net result for the year (+€113,041)
- Tangible fixed assets +€18,689
up €18,689 (+382%), from €4,887 to €23,576
of which Other tangible fixed assets: +€20,174
- Receivables within one year -€13,242
down €13,242 (-70.4%), from €18,806 to €5,563
of which Other amounts receivable: -€14,902
Equity and liabilities
- Other debts +€116,247
new in 2025: €116,247
- Profit (loss) carried forward -€52,941
no longer reported in 2025 (was €52,941)
- Tax, wage and social debts -€19,367
down €19,367 (-57.2%), from €33,883 to €14,517
of which Taxes: -€19,320
Income statement
- Gross operating margin +€29,946
up €29,946 (+26.2%), from €114,515 to €144,462
- Taxes +€2,326
up €2,326 (+7.9%), from €29,275 to €31,601
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€86,598
Gross operating margin
+€29,946
Depreciation
-€1,267
Other operating charges
+€285
Other operating items
-€477
Financial income
+€281
Financial charges
-€0
Taxes
-€2,326
Result 2025
€113,041
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€223,615
Investment
-€21,417
Financing
-€165,982
Cash 2024
€220,123
From operations (derived)
+€223,615
Net result for the year
+€113,041
Depreciation
+€2,728
Receivables after one year
-€3,453
Receivables within one year
+€13,242
Trade debts
+€1,176
Tax, wage and social debts
-€19,367
Other debts
+€116,247
Investment (derived)
-€21,417
Investment in fixed assets (net)
-€21,417
Financing
-€165,982
Contributions, distributions and other
-€165,982
Cash 2025
€256,339
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €376,688 | €421,803 | +€45,115 | +12.0% |
| Fixed assets | 21/28 | €4,957 | €23,646 | +€18,689 | +377% |
| Tangible fixed assets | 22/27 | €4,887 | €23,576 | +€18,689 | +382% |
| Plant, machinery and equipment | 23 | €3,298 | €2,223 | -€1,076 | -32.6% |
| Furniture and vehicles | 24 | €1,589 | €1,179 | -€410 | -25.8% |
| Other tangible fixed assets | 26 | - | €20,174 | +€20,174 | |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €371,731 | €398,158 | +€26,426 | +7.1% |
| Amounts receivable after more than one year | 29 | €132,803 | €136,256 | +€3,453 | +2.6% |
| Other amounts receivable | 291 | €132,803 | €136,256 | +€3,453 | +2.6% |
| Amounts receivable within one year | 40/41 | €18,806 | €5,563 | -€13,242 | -70.4% |
| Trade receivables | 40 | - | €1,660 | +€1,660 | |
| Other amounts receivable | 41 | €18,806 | €3,904 | -€14,902 | -79.2% |
| Cash at bank and in hand | 54/58 | €220,123 | €256,339 | +€36,216 | +16.5% |
| Total equity and liabilities | 10/49 | €376,688 | €421,803 | +€45,115 | +12.0% |
| Equity | 10/15 | €341,253 | €288,312 | -€52,941 | -15.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €287,312 | €287,312 | = | 0.0% |
| Distributable reserves | 133 | €287,312 | €287,312 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,941 | - | -€52,941 | |
| Amounts payable | 17/49 | €35,435 | €133,491 | +€98,056 | +277% |
| Amounts payable within one year | 42/48 | €35,435 | €133,491 | +€98,056 | +277% |
| Trade debts | 44 | €1,551 | €2,727 | +€1,176 | +75.8% |
| Suppliers | 440/4 | €1,551 | €2,727 | +€1,176 | +75.8% |
| Taxes, remuneration and social security | 45 | €33,883 | €14,517 | -€19,367 | -57.2% |
| Taxes | 450/3 | €31,664 | €12,344 | -€19,320 | -61.0% |
| Remuneration and social security | 454/9 | €2,220 | €2,173 | -€47 | -2.1% |
| Other amounts payable | 47/48 | - | €116,247 | +€116,247 | |
| Non-recurring operating income | 76A | - | €5,960 | +€5,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,461 | €2,728 | +€1,267 | +86.7% |
| Other operating charges | 640/8 | €487 | €201 | -€285 | -58.6% |
| Non-recurring operating charges | 66A | - | €477 | +€477 | |
| Gross operating margin | 9900 | €114,515 | €144,462 | +€29,946 | +26.2% |
| Operating profit (loss) | 9901 | €112,568 | €141,056 | +€28,488 | +25.3% |
| Financial income | 75/76B | €3,365 | €3,646 | +€281 | +8.3% |
| Recurring financial income | 75 | €3,365 | €3,646 | +€281 | +8.3% |
| Financial charges | 65/66B | €60 | €60 | +€0 | +0.2% |
| Recurring financial charges | 65 | €60 | €60 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €115,873 | €144,642 | +€28,769 | +24.8% |
| Income taxes | 67/77 | €29,275 | €31,601 | +€2,326 | +7.9% |
| Profit (loss) for the period | 9904 | €86,598 | €113,041 | +€26,443 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86,598 | €113,041 | +€26,443 | +30.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.