b-Optimal: 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.
b-Optimal
Largest movements
- Cash +€85,777
up €85,777 (+119%), from €72,003 to €157,780
mainly Current investments (+€60,000) and Net result for the year (+€40,802)
- Current investments -€60,000
no longer reported in 2025 (was €60,000)
- Receivables within one year +€9,889
up €9,889 (+131%), from €7,553 to €17,442
of which Trade receivables: +€10,235
- Reserves +€25,482
up €25,482 (+29.0%), from €87,948 to €113,430
of which Distributable reserves: +€25,482
- Tax, wage and social debts +€11,125
up €11,125 (+216%), from €5,146 to €16,272
of which Taxes: +€11,108
- Gross operating margin +€39,243
up €39,243 (+199%), from €19,678 to €58,921
- Taxes +€11,070
up €11,070 (+179%), from €6,172 to €17,242
- Other operating charges -€4,132
down €4,132 (-76.4%), from €5,411 to €1,279
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 | €140,873 | €177,840 | +€36,967 | +26.2% |
| Fixed assets | 21/28 | - | €963 | +€963 | |
| Tangible fixed assets | 22/27 | - | €963 | +€963 | |
| Furniture and vehicles | 24 | - | €963 | +€963 | |
| Current assets | 29/58 | €140,873 | €176,877 | +€36,004 | +25.6% |
| Amounts receivable within one year | 40/41 | €7,553 | €17,442 | +€9,889 | +131% |
| Trade receivables | 40 | - | €10,235 | +€10,235 | |
| Other amounts receivable | 41 | €7,553 | €7,207 | -€346 | -4.6% |
| Current investments | 50/53 | €60,000 | - | -€60,000 | |
| Cash at bank and in hand | 54/58 | €72,003 | €157,780 | +€85,777 | +119% |
| Deferred charges and accrued income | 490/1 | €1,317 | €1,655 | +€338 | +25.7% |
| Total equity and liabilities | 10/49 | €140,873 | €177,840 | +€36,967 | +26.2% |
| Equity | 10/15 | €134,960 | €160,442 | +€25,482 | +18.9% |
| Contributions | 10/11 | €6,150 | €6,150 | = | 0.0% |
| Capital | 10 | €6,150 | €6,150 | = | 0.0% |
| Issued capital | 100 | €6,150 | €6,150 | = | 0.0% |
| Reserves | 13 | €87,948 | €113,430 | +€25,482 | +29.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €86,093 | €111,575 | +€25,482 | +29.6% |
| Profit (loss) carried forward | 14 | €40,862 | €40,862 | = | 0.0% |
| Amounts payable | 17/49 | €5,914 | €17,398 | +€11,484 | +194% |
| Amounts payable within one year | 42/48 | €5,914 | €17,398 | +€11,484 | +194% |
| Trade debts | 44 | €767 | €1,126 | +€359 | +46.8% |
| Suppliers | 440/4 | €767 | €1,126 | +€359 | +46.8% |
| Taxes, remuneration and social security | 45 | €5,146 | €16,272 | +€11,125 | +216% |
| Taxes | 450/3 | €2,748 | €13,856 | +€11,108 | +404% |
| Remuneration and social security | 454/9 | €2,399 | €2,416 | +€17 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €126 | +€126 | |
| Other operating charges | 640/8 | €5,411 | €1,279 | -€4,132 | -76.4% |
| Gross operating margin | 9900 | €19,678 | €58,921 | +€39,243 | +199% |
| Operating profit (loss) | 9901 | €14,267 | €57,516 | +€43,249 | +303% |
| Financial income | 75/76B | €1,213 | €1,554 | +€341 | +28.1% |
| Recurring financial income | 75 | €1,213 | €1,554 | +€341 | +28.1% |
| Financial charges | 65/66B | €1,162 | €1,026 | -€136 | -11.7% |
| Recurring financial charges | 65 | €1,162 | €1,026 | -€136 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €14,318 | €58,044 | +€43,726 | +305% |
| Income taxes | 67/77 | €6,172 | €17,242 | +€11,070 | +179% |
| Profit (loss) for the period | 9904 | €8,146 | €40,802 | +€32,656 | +401% |
| Profit (loss) for the period to be appropriated | 9905 | €8,146 | €40,802 | +€32,656 | +401% |
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 13 October 2026 via checked.be.