C.B. 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.
C.B. OPTIC
Largest movements
- Tangible fixed assets +€217,056
up €217,056 (+194.9%), from €111,394 to €328,450
of which Other tangible fixed assets: +€220,100
- Current investments -€200,388
down €200,388 (-50.1%), from €400,000 to €199,612
- Stocks and contracts +€84,496
up €84,496 (+99.1%), from €85,275 to €169,771
- Cash +€37,439
up €37,439 (+83.7%), from €44,704 to €82,143
mainly Current investments (+€200,388) and Debts after one year (+€179,351)
- Financial fixed assets +€15,390
up €15,390 (+7695.0%), from €200 to €15,590
- Debts after one year +€179,351
up €179,351 (+428.9%), from €41,818 to €221,169
- Other debts -€72,350
down €72,350 (-70.5%), from €102,696 to €30,346
- Current portion of long-term debt +€36,503
up €36,503 (+182.7%), from €19,982 to €56,485
- Trade debts -€31,409
down €31,409 (-13.5%), from €231,977 to €200,568
- Reserves +€19,800
up €19,800 (+8.1%), from €243,984 to €263,784
- Staff costs +€93,167
up €93,167 (+38.9%), from €239,339 to €332,506
- Gross operating margin +€85,030
up €85,030 (+27.2%), from €312,443 to €397,473
- Depreciation +€19,466
up €19,466 (+503.6%), from €3,865 to €23,331
- Taxes -€11,248
down €11,248 (-81.5%), from €13,795 to €2,546
- Financial charges +€5,380
up €5,380 (+61.5%), from €8,744 to €14,123
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 | €721,164 | €873,815 | +€152,651 | +21.2% |
| Fixed assets | 21/28 | €111,594 | €344,040 | +€232,446 | +208.3% |
| Tangible fixed assets | 22/27 | €111,394 | €328,450 | +€217,056 | +194.9% |
| Plant, machinery and equipment | 23 | €1,574 | €776 | -€798 | -50.7% |
| Furniture and vehicles | 24 | €6,298 | €4,052 | -€2,246 | -35.7% |
| Other tangible fixed assets | 26 | €103,522 | €323,622 | +€220,100 | +212.6% |
| Financial fixed assets | 28 | €200 | €15,590 | +€15,390 | +7695.0% |
| Current assets | 29/58 | €609,570 | €529,775 | -€79,795 | -13.1% |
| Stocks and contracts in progress | 3 | €85,275 | €169,771 | +€84,496 | +99.1% |
| Stocks | 30/36 | €85,275 | €169,771 | +€84,496 | +99.1% |
| Amounts receivable within one year | 40/41 | €54,996 | €52,066 | -€2,930 | -5.3% |
| Trade receivables | 40 | €40,913 | €5,454 | -€35,459 | -86.7% |
| Other amounts receivable | 41 | €14,083 | €46,612 | +€32,529 | +231.0% |
| Current investments | 50/53 | €400,000 | €199,612 | -€200,388 | -50.1% |
| Cash at bank and in hand | 54/58 | €44,704 | €82,143 | +€37,439 | +83.7% |
| Deferred charges and accrued income | 490/1 | €24,595 | €26,184 | +€1,589 | +6.5% |
| Total equity and liabilities | 10/49 | €721,164 | €873,815 | +€152,651 | +21.2% |
| Equity | 10/15 | €262,675 | €282,454 | +€19,780 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €243,984 | €263,784 | +€19,800 | +8.1% |
| Distributable reserves | 133 | €243,984 | €263,784 | +€19,800 | +8.1% |
| Profit (loss) carried forward | 14 | €91 | €71 | -€20 | -22.2% |
| Amounts payable | 17/49 | €458,489 | €591,361 | +€132,872 | +29.0% |
| Amounts payable after more than one year | 17 | €41,818 | €221,169 | +€179,351 | +428.9% |
| Financial debts | 170/4 | €41,818 | €221,169 | +€179,351 | +428.9% |
| Amounts payable within one year | 42/48 | €414,874 | €366,134 | -€48,740 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €19,982 | €56,485 | +€36,503 | +182.7% |
| Trade debts | 44 | €231,977 | €200,568 | -€31,409 | -13.5% |
| Suppliers | 440/4 | €231,977 | €200,568 | -€31,409 | -13.5% |
| Taxes, remuneration and social security | 45 | €60,219 | €78,735 | +€18,516 | +30.7% |
| Taxes | 450/3 | €24,028 | €26,468 | +€2,440 | +10.2% |
| Remuneration and social security | 454/9 | €36,191 | €52,268 | +€16,076 | +44.4% |
| Other amounts payable | 47/48 | €102,696 | €30,346 | -€72,350 | -70.5% |
| Accrued charges and deferred income | 492/3 | €1,798 | €4,058 | +€2,260 | +125.7% |
| Remuneration, social security and pensions | 62 | €239,339 | €332,506 | +€93,167 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,865 | €23,331 | +€19,466 | +503.6% |
| Other operating charges | 640/8 | €5,470 | €5,646 | +€176 | +3.2% |
| Gross operating margin | 9900 | €312,443 | €397,473 | +€85,030 | +27.2% |
| Operating profit (loss) | 9901 | €63,769 | €35,990 | -€27,779 | -43.6% |
| Financial income | 75/76B | €182 | €460 | +€277 | +152.1% |
| Recurring financial income | 75 | €182 | €460 | +€277 | +152.1% |
| Financial charges | 65/66B | €8,744 | €14,123 | +€5,380 | +61.5% |
| Recurring financial charges | 65 | €8,744 | €14,123 | +€5,380 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €55,208 | €22,326 | -€32,882 | -59.6% |
| Income taxes | 67/77 | €13,795 | €2,546 | -€11,248 | -81.5% |
| Profit (loss) for the period | 9904 | €41,413 | €19,780 | -€21,633 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,413 | €19,780 | -€21,633 | -52.2% |
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 4 October 2026 via checked.be.