AT Optic: 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.
AT Optic
Largest movements
- Tangible fixed assets -€16,803
down €16,803 (-11.0%), from €152,418 to €135,616
of which Land and buildings: -€15,399
- Receivables within one year -€4,994
down €4,994 (-72.3%), from €6,910 to €1,915
of which Other amounts receivable: -€6,165
- Debts after one year -€26,624
down €26,624 (-15.6%), from €170,772 to €144,148
- Profit (loss) carried forward +€12,266
up €12,266 (+65.7%), from -€18,658 to -€6,392
- Tax, wage and social debts -€7,740
down €7,740 (-92.6%), from €8,359 to €619
of which Taxes: -€4,740
- Trade debts +€5,427
up €5,427 (+59.2%), from €9,160 to €14,587
- Investment grants -€4,822
no longer reported in 2025 (was €4,822)
- Gross operating margin +€16,189
up €16,189 (+83.7%), from €19,331 to €35,520
- Financial income +€3,327
up €3,327 (+218.6%), from €1,522 to €4,849
- Other operating charges +€2,047
up €2,047 (+391.0%), from €524 to €2,570
- Staff costs -€831
no longer reported in 2025 (was €831)
- Taxes +€603
up €603, from -€39 to €564
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.
Cash bridge derived
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 | €219,068 | €198,187 | -€20,882 | -9.5% |
| Fixed assets | 21/28 | €152,518 | €135,616 | -€16,903 | -11.1% |
| Tangible fixed assets | 22/27 | €152,418 | €135,616 | -€16,803 | -11.0% |
| Land and buildings | 22 | €146,434 | €131,035 | -€15,399 | -10.5% |
| Plant, machinery and equipment | 23 | €5,005 | €620 | -€4,385 | -87.6% |
| Furniture and vehicles | 24 | €979 | €3,960 | +€2,981 | +304.4% |
| Financial fixed assets | 28 | €100 | - | -€100 | |
| Current assets | 29/58 | €66,550 | €62,571 | -€3,979 | -6.0% |
| Stocks and contracts in progress | 3 | €34,147 | €33,933 | -€214 | -0.6% |
| Stocks | 30/36 | €34,147 | €33,933 | -€214 | -0.6% |
| Amounts receivable within one year | 40/41 | €6,910 | €1,915 | -€4,994 | -72.3% |
| Trade receivables | 40 | €143 | €1,314 | +€1,171 | +816.4% |
| Other amounts receivable | 41 | €6,766 | €601 | -€6,165 | -91.1% |
| Cash at bank and in hand | 54/58 | €24,849 | €25,422 | +€574 | +2.3% |
| Deferred charges and accrued income | 490/1 | €644 | €1,300 | +€656 | +101.8% |
| Total equity and liabilities | 10/49 | €219,068 | €198,187 | -€20,882 | -9.5% |
| Equity | 10/15 | €4,764 | €12,208 | +€7,444 | +156.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,658 | -€6,392 | +€12,266 | +65.7% |
| Investment grants | 15 | €4,822 | - | -€4,822 | |
| Amounts payable | 17/49 | €214,304 | €185,978 | -€28,326 | -13.2% |
| Amounts payable after more than one year | 17 | €170,772 | €144,148 | -€26,624 | -15.6% |
| Financial debts | 170/4 | €170,772 | €144,148 | -€26,624 | -15.6% |
| Amounts payable within one year | 42/48 | €43,532 | €41,830 | -€1,702 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €24,336 | €26,624 | +€2,288 | +9.4% |
| Trade debts | 44 | €9,160 | €14,587 | +€5,427 | +59.2% |
| Suppliers | 440/4 | €9,160 | €14,587 | +€5,427 | +59.2% |
| Taxes, remuneration and social security | 45 | €8,359 | €619 | -€7,740 | -92.6% |
| Taxes | 450/3 | €5,359 | €619 | -€4,740 | -88.5% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €1,677 | - | -€1,677 | |
| Remuneration, social security and pensions | 62 | €831 | - | -€831 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,773 | €20,486 | -€287 | -1.4% |
| Other operating charges | 640/8 | €524 | €2,570 | +€2,047 | +391.0% |
| Gross operating margin | 9900 | €19,331 | €35,520 | +€16,189 | +83.7% |
| Operating profit (loss) | 9901 | -€2,797 | €12,464 | +€15,261 | |
| Financial income | 75/76B | €1,522 | €4,849 | +€3,327 | +218.6% |
| Recurring financial income | 75 | €1,522 | €4,849 | +€3,327 | +218.6% |
| Financial charges | 65/66B | €4,746 | €4,483 | -€263 | -5.5% |
| Recurring financial charges | 65 | €4,746 | €4,483 | -€263 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,021 | €12,830 | +€18,851 | |
| Income taxes | 67/77 | -€39 | €564 | +€603 | |
| Profit (loss) for the period | 9904 | -€5,982 | €12,266 | +€18,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,982 | €12,266 | +€18,248 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.