E-OPTICS: 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.
E-OPTICS
Largest movements
- Cash +€195,910
up €195,910 (+3021.7%), from €6,483 to €202,394
mainly Investment in fixed assets (net) (+€93,176) and Net result for the year (+€58,481)
- Tangible fixed assets -€94,684
no longer reported in 2025 (was €94,684)
of which Land and buildings: -€86,978
- Stocks and contracts -€38,890
no longer reported in 2025 (was €38,890)
- Receivables within one year -€3,107
no longer reported in 2025 (was €3,107)
of which Other amounts receivable: -€3,016
- Reserves +€58,480
up €58,480 (+132.0%), from €44,300 to €102,780
of which Distributable reserves: +€58,480
- Current portion of long-term debt -€19,012
no longer reported in 2025 (was €19,012)
- Tax, wage and social debts +€9,528
up €9,528 (+536.3%), from €1,777 to €11,304
- Other debts +€9,323
new in 2025: €9,323
- Financial income +€112,065
up €112,065 (+144227.7%), from €78 to €112,143
of which Non-recurring financial income: +€111,813
- Gross operating margin -€42,075
down €42,075, from €21,481 to -€20,594
- Taxes +€26,374
up €26,374 (+1484.5%), from €1,777 to €28,150
- Depreciation -€8,384
down €8,384 (-82.6%), from €10,155 to €1,771
- Financial charges -€1,343
down €1,343 (-73.7%), from €1,820 to €478
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 | €144,064 | €202,394 | +€58,330 | +40.5% |
| Fixed assets | 21/28 | €94,947 | - | -€94,947 | |
| Tangible fixed assets | 22/27 | €94,684 | - | -€94,684 | |
| Land and buildings | 22 | €86,978 | - | -€86,978 | |
| Plant, machinery and equipment | 23 | €4,200 | - | -€4,200 | |
| Furniture and vehicles | 24 | €3,507 | - | -€3,507 | |
| Financial fixed assets | 28 | €263 | - | -€263 | |
| Current assets | 29/58 | €49,117 | €202,394 | +€153,277 | +312.1% |
| Stocks and contracts in progress | 3 | €38,890 | - | -€38,890 | |
| Stocks | 30/36 | €38,890 | - | -€38,890 | |
| Amounts receivable within one year | 40/41 | €3,107 | - | -€3,107 | |
| Trade receivables | 40 | €92 | - | -€92 | |
| Other amounts receivable | 41 | €3,016 | - | -€3,016 | |
| Cash at bank and in hand | 54/58 | €6,483 | €202,394 | +€195,910 | +3021.7% |
| Deferred charges and accrued income | 490/1 | €636 | - | -€636 | |
| Total equity and liabilities | 10/49 | €144,064 | €202,394 | +€58,330 | +40.5% |
| Equity | 10/15 | €121,155 | €179,637 | +€58,481 | +48.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Outside capital | 11 | €75,000 | €75,000 | = | 0.0% |
| Other | 1109/19 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €44,300 | €102,780 | +€58,480 | +132.0% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €39,800 | €98,280 | +€58,480 | +146.9% |
| Profit (loss) carried forward | 14 | €1,855 | €1,857 | +€1 | +0.1% |
| Amounts payable | 17/49 | €22,908 | €22,757 | -€151 | -0.7% |
| Amounts payable within one year | 42/48 | €22,908 | €22,757 | -€151 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €19,012 | - | -€19,012 | |
| Trade debts | 44 | €2,119 | €2,130 | +€10 | +0.5% |
| Suppliers | 440/4 | €2,119 | €2,130 | +€10 | +0.5% |
| Taxes, remuneration and social security | 45 | €1,777 | €11,304 | +€9,528 | +536.3% |
| Taxes | 450/3 | €1,777 | €11,304 | +€9,528 | +536.3% |
| Other amounts payable | 47/48 | - | €9,323 | +€9,323 | |
| Non-recurring operating income | 76A | - | €3,438 | +€3,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,155 | €1,771 | -€8,384 | -82.6% |
| Other operating charges | 640/8 | €2,477 | €2,668 | +€191 | +7.7% |
| Gross operating margin | 9900 | €21,481 | -€20,594 | -€42,075 | |
| Operating profit (loss) | 9901 | €8,849 | -€25,033 | -€33,882 | |
| Financial income | 75/76B | €78 | €112,143 | +€112,065 | +144227.7% |
| Recurring financial income | 75 | €78 | €329 | +€252 | +324.0% |
| Non-recurring financial income | 76B | - | €111,813 | +€111,813 | |
| Financial charges | 65/66B | €1,820 | €478 | -€1,343 | -73.7% |
| Recurring financial charges | 65 | €1,820 | €478 | -€1,343 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | €7,106 | €86,632 | +€79,525 | +1119.1% |
| Income taxes | 67/77 | €1,777 | €28,150 | +€26,374 | +1484.5% |
| Profit (loss) for the period | 9904 | €5,330 | €58,481 | +€53,152 | +997.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,330 | €58,481 | +€53,152 | +997.3% |
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 3 October 2026 via checked.be.