OPTEC: 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.
What changed
OPTEC
NACE 26.510, Manufacture of computer, electronic and optical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€849,773
2024 · -€513,953-€335,820
Equity
€307,380
2024 · -€532,956+€840,336
Cash
€261,205
2024 · €104,780+€156,425
Balance sheet total
€6.4m
2024 · €5.5m+€884,262
Largest movements
Assets
- Stocks and contracts +€612,694
up €612,694 (+41.4%), from €1.5m to €2.1m
of which Contracts in progress: +€673,227
- Tangible fixed assets +€354,315
up €354,315 (+27.2%), from €1.3m to €1.7m
of which Land and buildings: +€391,893
- Cash +€156,425
up €156,425 (+149.3%), from €104,780 to €261,205
mainly Contributions, distributions and other (+€1.7m) and Advances received (+€1.3m)
- Intangible fixed assets -€108,231
down €108,231 (-9.7%), from €1.1m to €1.0m
- Receivables within one year -€93,112
down €93,112 (-6.9%), from €1.4m to €1.3m
of which Trade receivables: -€489,436
Equity and liabilities
- Debts after one year -€1.3m
down €1.3m (-55.3%), from €2.4m to €1.1m
of which Financial debts: -€1.3m
- Advances received +€1.3m
up €1.3m (+258.6%), from €494,871 to €1.8m
- Trade debts +€476,259
up €476,259 (+54.7%), from €870,161 to €1.3m
- Revaluation surpluses +€445,881
new in 2025: €445,881
- Contributions +€264,551
up €264,551 (+92.1%), from €287,281 to €551,832
Income statement
- Gross operating margin -€455,313
down €455,313 (-25.2%), from €1.8m to €1.4m
- Depreciation -€230,255
down €230,255 (-29.8%), from €773,060 to €542,806
- Financial income -€164,880
down €164,880 (-92.7%), from €177,897 to €13,017
- Staff costs -€163,635
down €163,635 (-10.8%), from €1.5m to €1.4m
- Provisions +€63,763
no longer reported in 2025 (was -€63,763)
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.
Result 2024
-€513,953
Gross operating margin
-€455,313
Staff costs
+€163,635
Depreciation
+€230,255
Write-downs
-€13,954
Provisions
-€63,763
Other operating charges
-€7,972
Other operating items
+€264
Financial income
-€164,880
Financial charges
-€17,713
Taxes
-€6,380
Result 2025
-€849,773
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.
From operations
+€769,524
Investment
-€788,580
Financing
+€175,480
Cash 2024
€104,780
From operations (derived)
+€769,524
Net result for the year
-€849,773
Depreciation
+€542,806
Receivables after one year
+€30,494
Stocks and contracts
-€612,694
Receivables within one year
+€93,112
Deferred charges and accrued income
+€7,025
Provisions
-€330
Trade debts
+€476,259
Tax, wage and social debts
-€116,903
Advances received
+€1.3m
Other debts
-€66,541
Accrued charges and deferred income
-€13,803
Investment (derived)
-€788,580
Investment in fixed assets (net)
-€788,580
Financing
+€175,480
Debts after one year
-€1.3m
Current portion of long-term debt
-€163,303
Short-term financial debts
-€33,128
Contributions, distributions and other
+€1.7m
Cash 2025
€261,205
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,499,419 | €6,383,680 | +€884,262 | +16.1% |
| Formation expenses | 20 | €908 | €599 | -€309 | -34.1% |
| Fixed assets | 21/28 | €2,417,871 | €2,663,955 | +€246,084 | +10.2% |
| Intangible fixed assets | 21 | €1,117,318 | €1,009,087 | -€108,231 | -9.7% |
| Tangible fixed assets | 22/27 | €1,300,553 | €1,654,868 | +€354,315 | +27.2% |
| Land and buildings | 22 | €875,029 | €1,266,923 | +€391,893 | +44.8% |
| Plant, machinery and equipment | 23 | €255,847 | €171,502 | -€84,345 | -33.0% |
| Furniture and vehicles | 24 | €21,177 | €12,743 | -€8,434 | -39.8% |
| Leasing and similar rights | 25 | €148,500 | €148,500 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €55,200 | +€55,200 | |
| Current assets | 29/58 | €3,080,639 | €3,719,127 | +€638,488 | +20.7% |
| Amounts receivable after more than one year | 29 | €99,390 | €68,896 | -€30,494 | -30.7% |
| Other amounts receivable | 291 | €99,390 | €68,896 | -€30,494 | -30.7% |
| Stocks and contracts in progress | 3 | €1,480,450 | €2,093,144 | +€612,694 | +41.4% |
| Stocks | 30/36 | €806,140 | €745,607 | -€60,533 | -7.5% |
| Contracts in progress | 37 | €674,310 | €1,347,537 | +€673,227 | +99.8% |
| Amounts receivable within one year | 40/41 | €1,356,040 | €1,262,928 | -€93,112 | -6.9% |
| Trade receivables | 40 | €1,180,399 | €690,963 | -€489,436 | -41.5% |
| Other amounts receivable | 41 | €175,641 | €571,965 | +€396,324 | +225.6% |
| Cash at bank and in hand | 54/58 | €104,780 | €261,205 | +€156,425 | +149.3% |
| Deferred charges and accrued income | 490/1 | €39,980 | €32,954 | -€7,025 | -17.6% |
| Total equity and liabilities | 10/49 | €5,499,419 | €6,383,680 | +€884,262 | +16.1% |
| Equity | 10/15 | -€532,956 | €307,380 | +€840,336 | |
| Contributions | 10/11 | €287,281 | €551,832 | +€264,551 | +92.1% |
| Capital | 10 | €287,281 | €551,832 | +€264,551 | +92.1% |
| Issued capital | 100 | €287,281 | €551,832 | +€264,551 | +92.1% |
| Revaluation surpluses | 12 | - | €445,881 | +€445,881 | |
| Reserves | 13 | €27,931 | €83,114 | +€55,183 | +197.6% |
| Non-distributable reserves | 130/1 | €27,931 | €83,114 | +€55,183 | +197.6% |
| Legal reserve | 130 | €27,931 | €27,931 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €55,183 | +€55,183 | |
| Profit (loss) carried forward | 14 | -€930,266 | -€849,773 | +€80,492 | +8.7% |
| Investment grants | 15 | €82,099 | €76,327 | -€5,772 | -7.0% |
| Provisions and deferred taxes | 16 | €2,001 | €1,671 | -€330 | -16.5% |
| Deferred taxes | 168 | €2,001 | €1,671 | -€330 | -16.5% |
| Amounts payable | 17/49 | €6,030,373 | €6,074,629 | +€44,256 | +0.7% |
| Amounts payable after more than one year | 17 | €2,383,349 | €1,065,150 | -€1.3m | -55.3% |
| Financial debts | 170/4 | €2,333,349 | €1,025,150 | -€1.3m | -56.1% |
| Trade debts | 175 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Amounts payable within one year | 42/48 | €3,618,653 | €4,994,910 | +€1.4m | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €299,921 | €136,618 | -€163,303 | -54.4% |
| Financial debts | 43 | €1,564,310 | €1,531,183 | -€33,128 | -2.1% |
| Credit institutions | 430/8 | €1,564,310 | €1,531,183 | -€33,128 | -2.1% |
| Trade debts | 44 | €870,161 | €1,346,420 | +€476,259 | +54.7% |
| Suppliers | 440/4 | €870,161 | €1,346,420 | +€476,259 | +54.7% |
| Advances received on contracts in progress | 46 | €494,871 | €1,774,743 | +€1.3m | +258.6% |
| Taxes, remuneration and social security | 45 | €322,849 | €205,946 | -€116,903 | -36.2% |
| Taxes | 450/3 | €41,739 | €26,146 | -€15,593 | -37.4% |
| Remuneration and social security | 454/9 | €281,110 | €179,800 | -€101,310 | -36.0% |
| Other amounts payable | 47/48 | €66,541 | - | -€66,541 | |
| Accrued charges and deferred income | 492/3 | €28,372 | €14,569 | -€13,803 | -48.6% |
| Remuneration, social security and pensions | 62 | €1,516,048 | €1,352,413 | -€163,635 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €773,060 | €542,806 | -€230,255 | -29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €51,393 | €65,346 | +€13,954 | +27.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€63,763 | - | +€63,763 | |
| Other operating charges | 640/8 | €15,137 | €23,109 | +€7,972 | +52.7% |
| Non-recurring operating charges | 66A | €276 | €12 | -€264 | -95.6% |
| Gross operating margin | 9900 | €1,806,646 | €1,351,334 | -€455,313 | -25.2% |
| Operating profit (loss) | 9901 | -€485,506 | -€632,352 | -€146,847 | -30.2% |
| Financial income | 75/76B | €177,897 | €13,017 | -€164,880 | -92.7% |
| Recurring financial income | 75 | €177,897 | €13,017 | -€164,880 | -92.7% |
| Financial charges | 65/66B | €230,189 | €247,903 | +€17,713 | +7.7% |
| Recurring financial charges | 65 | €230,189 | €247,903 | +€17,713 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€537,798 | -€867,238 | -€329,440 | -61.3% |
| Transfer from deferred taxes | 780 | €330 | €330 | = | 0.0% |
| Income taxes | 67/77 | -€23,515 | -€17,135 | +€6,380 | +27.1% |
| Profit (loss) for the period | 9904 | -€513,953 | -€849,773 | -€335,820 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€513,953 | -€849,773 | -€335,820 | -65.3% |
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 4 October 2026 via checked.be.