BOSTEELS OPTIEK: 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.
BOSTEELS OPTIEK
Largest movements
- Cash +€88,876
up €88,876 (+77.1%), from €115,339 to €204,215
- Stocks and contracts -€57,800
no longer reported in 2025 (was €57,800)
- Tangible fixed assets -€43,606
no longer reported in 2025 (was €43,606)
of which Other tangible fixed assets: -€35,769
- Receivables within one year -€19,988
down €19,988 (-73.7%), from €27,103 to €7,115
of which Other amounts receivable: -€16,406
- Reserves +€55,831
up €55,831 (+46.7%), from €119,618 to €175,449
- Tax, wage and social debts -€45,538
down €45,538 (-99.9%), from €45,598 to €60
of which Taxes: -€38,651
- Profit (loss) carried forward -€19,179
new in 2025: -€19,179
- Trade debts -€16,927
down €16,927 (-77.2%), from €21,927 to €5,000
- Current portion of long-term debt -€6,705
no longer reported in 2025 (was €6,705)
- Gross operating margin -€101,863
down €101,863, from €89,605 to -€12,258
- Staff costs -€38,544
down €38,544 (-89.4%), from €43,092 to €4,549
- Taxes -€10,305
down €10,305 (-99.4%), from €10,365 to €60
- Depreciation -€6,470
no longer reported in 2025 (was €6,470)
- Write-downs -€2,979
no longer reported in 2025 (was €2,979)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,848 | €211,330 | -€32,518 | -13.3% |
| Fixed assets | 21/28 | €43,606 | - | -€43,606 | |
| Tangible fixed assets | 22/27 | €43,606 | - | -€43,606 | |
| Furniture and vehicles | 24 | €7,837 | - | -€7,837 | |
| Other tangible fixed assets | 26 | €35,769 | - | -€35,769 | |
| Current assets | 29/58 | €200,242 | €211,330 | +€11,088 | +5.5% |
| Stocks and contracts in progress | 3 | €57,800 | - | -€57,800 | |
| Stocks | 30/36 | €57,800 | - | -€57,800 | |
| Amounts receivable within one year | 40/41 | €27,103 | €7,115 | -€19,988 | -73.7% |
| Trade receivables | 40 | €3,583 | - | -€3,583 | |
| Other amounts receivable | 41 | €23,520 | €7,115 | -€16,406 | -69.8% |
| Cash at bank and in hand | 54/58 | €115,339 | €204,215 | +€88,876 | +77.1% |
| Total equity and liabilities | 10/49 | €243,848 | €211,330 | -€32,518 | -13.3% |
| Equity | 10/15 | €169,618 | €206,270 | +€36,652 | +21.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €119,618 | €175,449 | +€55,831 | +46.7% |
| Distributable reserves | 133 | €119,618 | €175,449 | +€55,831 | +46.7% |
| Profit (loss) carried forward | 14 | - | -€19,179 | -€19,179 | |
| Amounts payable | 17/49 | €74,230 | €5,060 | -€69,170 | -93.2% |
| Amounts payable within one year | 42/48 | €74,230 | €5,060 | -€69,170 | -93.2% |
| Current portion of amounts payable after more than one year | 42 | €6,705 | - | -€6,705 | |
| Trade debts | 44 | €21,927 | €5,000 | -€16,927 | -77.2% |
| Suppliers | 440/4 | €21,927 | €5,000 | -€16,927 | -77.2% |
| Taxes, remuneration and social security | 45 | €45,598 | €60 | -€45,538 | -99.9% |
| Taxes | 450/3 | €38,711 | €60 | -€38,651 | -99.8% |
| Remuneration and social security | 454/9 | €6,887 | - | -€6,887 | |
| Remuneration, social security and pensions | 62 | €43,092 | €4,549 | -€38,544 | -89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,470 | - | -€6,470 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,979 | - | -€2,979 | |
| Other operating charges | 640/8 | €2,917 | €2,464 | -€453 | -15.5% |
| Gross operating margin | 9900 | €89,605 | -€12,258 | -€101,863 | |
| Operating profit (loss) | 9901 | €34,146 | -€19,271 | -€53,417 | |
| Financial income | 75/76B | €448 | €303 | -€144 | -32.2% |
| Recurring financial income | 75 | €448 | €303 | -€144 | -32.2% |
| Financial charges | 65/66B | €164 | €152 | -€12 | -7.3% |
| Recurring financial charges | 65 | €164 | €152 | -€12 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €34,430 | -€19,119 | -€53,549 | |
| Income taxes | 67/77 | €10,365 | €60 | -€10,305 | -99.4% |
| Profit (loss) for the period | 9904 | €24,065 | -€19,179 | -€43,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,065 | -€19,179 | -€43,244 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.