Opus Ost: what changed
Opus Ost
Largest movements
- Tangible fixed assets +€94,143
up €94,143 (+232%), from €40,589 to €134,732
of which Plant, machinery and equipment: +€106,809
- Cash +€38,034
up €38,034 (+15,649%), from €243 to €38,278
mainly Debts after one year (+€298,107) and Trade debts (+€33,041)
- Receivables within one year +€16,039
up €16,039 (+281%), from €5,712 to €21,751
of which Other amounts receivable: +€16,160
- Intangible fixed assets +€11,880
new in 2025: €11,880
- Debts after one year +€298,107
up €298,107 (+1,591%), from €18,740 to €316,848
- Other debts -€113,175
down €113,175 (-99.1%), from €114,158 to €983
- Profit (loss) carried forward -€60,960
down €60,960 (-55.3%), from -€110,261 to -€171,222
- Trade debts +€33,041
up €33,041 (+4,325%), from €764 to €33,805
- Short-term financial debts +€2,431
up €2,431 (+4,353%), from €56 to €2,487
- Gross operating margin +€13,396
up €13,396 (+31.1%), from -€43,130 to -€29,735
- Depreciation +€12,646
up €12,646 (+75.9%), from €16,657 to €29,303
- Other operating charges +€563
up €563 (+108%), from €520 to €1,083
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,739 | €206,836 | +€160,097 | +343% |
| Fixed assets | 21/28 | €40,784 | €146,807 | +€106,023 | +260% |
| Intangible fixed assets | 21 | - | €11,880 | +€11,880 | |
| Tangible fixed assets | 22/27 | €40,589 | €134,732 | +€94,143 | +232% |
| Land and buildings | 22 | €2,041 | €1,627 | -€414 | -20.3% |
| Plant, machinery and equipment | 23 | €17,239 | €124,048 | +€106,809 | +620% |
| Furniture and vehicles | 24 | €21,309 | €9,057 | -€12,252 | -57.5% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €5,955 | €60,029 | +€54,073 | +908% |
| Amounts receivable within one year | 40/41 | €5,712 | €21,751 | +€16,039 | +281% |
| Trade receivables | 40 | €121 | - | -€121 | |
| Other amounts receivable | 41 | €5,591 | €21,751 | +€16,160 | +289% |
| Cash at bank and in hand | 54/58 | €243 | €38,278 | +€38,034 | +15,649% |
| Total equity and liabilities | 10/49 | €46,739 | €206,836 | +€160,097 | +343% |
| Equity | 10/15 | -€96,001 | -€156,962 | -€60,960 | -63.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,261 | -€171,222 | -€60,960 | -55.3% |
| Amounts payable | 17/49 | €142,741 | €363,798 | +€221,057 | +155% |
| Amounts payable after more than one year | 17 | €18,740 | €316,848 | +€298,107 | +1,591% |
| Financial debts | 170/4 | €18,740 | €316,848 | +€298,107 | +1,591% |
| Amounts payable within one year | 42/48 | €124,000 | €46,950 | -€77,051 | -62.1% |
| Current portion of amounts payable after more than one year | 42 | €7,690 | €7,893 | +€203 | +2.6% |
| Financial debts | 43 | €56 | €2,487 | +€2,431 | +4,353% |
| Credit institutions | 430/8 | €56 | €2,487 | +€2,431 | +4,353% |
| Trade debts | 44 | €764 | €33,805 | +€33,041 | +4,325% |
| Suppliers | 440/4 | €764 | €33,805 | +€33,041 | +4,325% |
| Taxes, remuneration and social security | 45 | €1,333 | €1,783 | +€450 | +33.8% |
| Taxes | 450/3 | €132 | €0 | -€132 | -100% |
| Remuneration and social security | 454/9 | €1,202 | €1,783 | +€582 | +48.4% |
| Other amounts payable | 47/48 | €114,158 | €983 | -€113,175 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,657 | €29,303 | +€12,646 | +75.9% |
| Other operating charges | 640/8 | €520 | €1,083 | +€563 | +108% |
| Non-recurring operating charges | 66A | - | -€13,500 | -€13,500 | |
| Gross operating margin | 9900 | -€43,130 | -€29,735 | +€13,396 | +31.1% |
| Operating profit (loss) | 9901 | -€60,308 | -€46,621 | +€13,687 | +22.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €977 | €783 | -€194 | -19.8% |
| Recurring financial charges | 65 | €977 | €783 | -€194 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€61,285 | -€47,404 | +€13,881 | +22.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€61,285 | -€47,404 | +€13,881 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,285 | -€47,404 | +€13,881 | +22.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.