CODE OPTIQUE: 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.
CODE OPTIQUE
Largest movements
- Cash +€10,718
up €10,718 (+20.8%), from €51,463 to €62,181
mainly Net result for the year (+€19,831) and Other debts (+€15,134)
- Tangible fixed assets -€3,230
down €3,230 (-43.6%), from €7,404 to €4,174
of which Furniture and vehicles: -€2,930
- Stocks and contracts -€2,166
down €2,166 (-2.4%), from €89,389 to €87,222
- Other debts +€15,134
up €15,134 (+131.7%), from €11,494 to €26,628
- Reserves -€6,169
down €6,169 (-5.7%), from €107,843 to €101,674
of which Distributable reserves: -€6,169
- Accrued charges and deferred income -€2,542
down €2,542 (-60.2%), from €4,222 to €1,680
- Tax, wage and social debts -€2,163
down €2,163 (-30.0%), from €7,207 to €5,043
- Gross operating margin -€6,094
down €6,094 (-15.7%), from €38,890 to €32,795
- Taxes -€2,137
down €2,137 (-18.7%), from €11,411 to €9,274
- Depreciation +€740
up €740 (+29.7%), from €2,490 to €3,230
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,217 | €157,620 | +€5,402 | +3.5% |
| Fixed assets | 21/28 | €8,877 | €5,647 | -€3,230 | -36.4% |
| Tangible fixed assets | 22/27 | €7,404 | €4,174 | -€3,230 | -43.6% |
| Plant, machinery and equipment | 23 | €856 | €556 | -€300 | -35.0% |
| Furniture and vehicles | 24 | €6,548 | €3,617 | -€2,930 | -44.8% |
| Financial fixed assets | 28 | €1,473 | €1,473 | = | 0.0% |
| Current assets | 29/58 | €143,341 | €151,973 | +€8,633 | +6.0% |
| Stocks and contracts in progress | 3 | €89,389 | €87,222 | -€2,166 | -2.4% |
| Stocks | 30/36 | €89,389 | €87,222 | -€2,166 | -2.4% |
| Amounts receivable within one year | 40/41 | €2,043 | €1,740 | -€303 | -14.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,043 | €1,740 | -€303 | -14.8% |
| Cash at bank and in hand | 54/58 | €51,463 | €62,181 | +€10,718 | +20.8% |
| Deferred charges and accrued income | 490/1 | €446 | €830 | +€384 | +86.0% |
| Total equity and liabilities | 10/49 | €152,217 | €157,620 | +€5,402 | +3.5% |
| Equity | 10/15 | €126,869 | €120,700 | -€6,169 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,843 | €101,674 | -€6,169 | -5.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €105,983 | €99,814 | -€6,169 | -5.8% |
| Profit (loss) carried forward | 14 | €426 | €426 | = | 0.0% |
| Amounts payable | 17/49 | €25,348 | €36,920 | +€11,572 | +45.7% |
| Amounts payable within one year | 42/48 | €21,126 | €35,240 | +€14,114 | +66.8% |
| Trade debts | 44 | €2,425 | €3,568 | +€1,143 | +47.1% |
| Suppliers | 440/4 | €2,425 | €3,568 | +€1,143 | +47.1% |
| Taxes, remuneration and social security | 45 | €7,207 | €5,043 | -€2,163 | -30.0% |
| Taxes | 450/3 | €7,207 | €5,043 | -€2,163 | -30.0% |
| Other amounts payable | 47/48 | €11,494 | €26,628 | +€15,134 | +131.7% |
| Accrued charges and deferred income | 492/3 | €4,222 | €1,680 | -€2,542 | -60.2% |
| Remuneration, social security and pensions | 62 | €53 | €55 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,490 | €3,230 | +€740 | +29.7% |
| Other operating charges | 640/8 | €662 | €841 | +€179 | +27.0% |
| Gross operating margin | 9900 | €38,890 | €32,795 | -€6,094 | -15.7% |
| Operating profit (loss) | 9901 | €35,684 | €28,669 | -€7,015 | -19.7% |
| Financial income | 75/76B | €123 | €508 | +€385 | +312.6% |
| Recurring financial income | 75 | €123 | €508 | +€385 | +312.6% |
| Financial charges | 65/66B | €59 | €73 | +€13 | +22.5% |
| Recurring financial charges | 65 | €59 | €73 | +€13 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €35,748 | €29,105 | -€6,643 | -18.6% |
| Income taxes | 67/77 | €11,411 | €9,274 | -€2,137 | -18.7% |
| Profit (loss) for the period | 9904 | €24,337 | €19,831 | -€4,507 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,337 | €19,831 | -€4,507 | -18.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.