GEN 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.
GEN OPTIC
Largest movements
- Tangible fixed assets -€6,309
down €6,309 (-36.1%), from €17,476 to €11,167
of which Plant, machinery and equipment: -€5,800
- Stocks and contracts +€2,867
up €2,867 (+6.4%), from €44,853 to €47,720
- Debts after one year -€6,164
down €6,164 (-53.7%), from €11,487 to €5,323
- Short-term financial debts -€4,613
down €4,613 (-96.2%), from €4,795 to €183
- Trade debts +€3,746
up €3,746 (+60.3%), from €6,217 to €9,963
- Other debts +€2,733
up €2,733 (+6.9%), from €39,695 to €42,428
- Tax, wage and social debts +€1,843
up €1,843 (+24.9%), from €7,416 to €9,259
of which Taxes: +€1,826
- Gross operating margin +€3,130
up €3,130 (+40.8%), from €7,680 to €10,810
- Taxes +€1,415
up €1,415 (+157.8%), from €897 to €2,312
- Financial charges -€891
down €891 (-26.3%), from €3,386 to €2,495
- Depreciation +€213
up €213 (+3.5%), from €6,096 to €6,309
- Other operating charges +€207
up €207 (+18.3%), from €1,136 to €1,343
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 | €62,463 | €59,011 | -€3,452 | -5.5% |
| Fixed assets | 21/28 | €17,501 | €11,192 | -€6,309 | -36.1% |
| Tangible fixed assets | 22/27 | €17,476 | €11,167 | -€6,309 | -36.1% |
| Plant, machinery and equipment | 23 | €15,986 | €10,186 | -€5,800 | -36.3% |
| Furniture and vehicles | 24 | €1,211 | €899 | -€311 | -25.7% |
| Other tangible fixed assets | 26 | €279 | €82 | -€198 | -70.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €44,963 | €47,820 | +€2,857 | +6.4% |
| Stocks and contracts in progress | 3 | €44,853 | €47,720 | +€2,867 | +6.4% |
| Stocks | 30/36 | €44,853 | €47,720 | +€2,867 | +6.4% |
| Current investments | 50/53 | €12 | €12 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97 | €87 | -€10 | -10.3% |
| Total equity and liabilities | 10/49 | €62,463 | €59,011 | -€3,452 | -5.5% |
| Equity | 10/15 | -€13,075 | -€14,309 | -€1,233 | -9.4% |
| Contributions | 10/11 | €43,492 | €43,492 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,427 | -€59,660 | -€1,233 | -2.1% |
| Amounts payable | 17/49 | €75,539 | €73,320 | -€2,219 | -2.9% |
| Amounts payable after more than one year | 17 | €11,487 | €5,323 | -€6,164 | -53.7% |
| Financial debts | 170/4 | €11,487 | €5,323 | -€6,164 | -53.7% |
| Amounts payable within one year | 42/48 | €64,051 | €67,997 | +€3,945 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €5,928 | €6,164 | +€236 | +4.0% |
| Financial debts | 43 | €4,795 | €183 | -€4,613 | -96.2% |
| Credit institutions | 430/8 | €4,795 | €183 | -€4,613 | -96.2% |
| Trade debts | 44 | €6,217 | €9,963 | +€3,746 | +60.3% |
| Suppliers | 440/4 | €6,217 | €9,963 | +€3,746 | +60.3% |
| Taxes, remuneration and social security | 45 | €7,416 | €9,259 | +€1,843 | +24.9% |
| Taxes | 450/3 | €5,881 | €7,707 | +€1,826 | +31.0% |
| Remuneration and social security | 454/9 | €1,534 | €1,551 | +€17 | +1.1% |
| Other amounts payable | 47/48 | €39,695 | €42,428 | +€2,733 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,096 | €6,309 | +€213 | +3.5% |
| Other operating charges | 640/8 | €1,136 | €1,343 | +€207 | +18.3% |
| Gross operating margin | 9900 | €7,680 | €10,810 | +€3,130 | +40.8% |
| Operating profit (loss) | 9901 | €448 | €3,158 | +€2,710 | +605.6% |
| Financial income | 75/76B | €209 | €416 | +€207 | +99.2% |
| Recurring financial income | 75 | €209 | €416 | +€207 | +99.2% |
| Financial charges | 65/66B | €3,386 | €2,495 | -€891 | -26.3% |
| Recurring financial charges | 65 | €3,386 | €2,495 | -€891 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,729 | €1,079 | +€3,808 | |
| Income taxes | 67/77 | €897 | €2,312 | +€1,415 | +157.8% |
| Profit (loss) for the period | 9904 | -€3,626 | -€1,233 | +€2,393 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,626 | -€1,233 | +€2,393 | +66.0% |
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 8 October 2026 via checked.be.