OPTIBEL: what changed
Two financial 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.
OPTIBEL
Largest movements
- Cash -€9,219
down €9,219 (-97.0%), from €9,507 to €288
mainly Stocks and contracts (-€7,396) and Tax, wage and social debts (-€2,535)
- Stocks and contracts +€7,396
up €7,396 (+14.8%), from €50,003 to €57,399
- Tax, wage and social debts -€2,535
down €2,535 (-73.6%), from €3,442 to €908
- Other debts +€1,804
up €1,804 (+4.4%), from €40,737 to €42,541
- Accrued charges and deferred income -€1,300
down €1,300 (-100%), from €1,300 to €0
- Gross operating margin -€13,971
down €13,971 (-90.9%), from €15,368 to €1,396
- Depreciation -€601
down €601 (-86.7%), from €693 to €92
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.
Derived cash bridge
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 | €67,223 | €65,569 | -€1,654 | -2.5% |
| Fixed assets | 21/28 | €3,674 | €3,582 | -€92 | -2.5% |
| Tangible fixed assets | 22/27 | €3,674 | €3,582 | -€92 | -2.5% |
| Other tangible fixed assets | 26 | €3,674 | €3,582 | -€92 | -2.5% |
| Current assets | 29/58 | €63,549 | €61,987 | -€1,561 | -2.5% |
| Stocks and contracts in progress | 3 | €50,003 | €57,399 | +€7,396 | +14.8% |
| Stocks | 30/36 | €50,003 | €57,399 | +€7,396 | +14.8% |
| Amounts receivable within one year | 40/41 | €4,039 | €4,300 | +€262 | +6.5% |
| Trade receivables | 40 | €4,039 | €4,300 | +€262 | +6.5% |
| Cash at bank and in hand | 54/58 | €9,507 | €288 | -€9,219 | -97.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €67,223 | €65,569 | -€1,654 | -2.5% |
| Equity | 10/15 | €17,990 | €18,318 | +€329 | +1.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,320 | €6,320 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,109 | €6,109 | = | 0.0% |
| Distributable reserves | 133 | €211 | €211 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,922 | -€6,593 | +€329 | +4.8% |
| Amounts payable | 17/49 | €49,233 | €47,251 | -€1,983 | -4.0% |
| Amounts payable within one year | 42/48 | €47,933 | €47,251 | -€683 | -1.4% |
| Trade debts | 44 | €3,754 | €3,802 | +€48 | +1.3% |
| Suppliers | 440/4 | €3,754 | €3,802 | +€48 | +1.3% |
| Taxes, remuneration and social security | 45 | €3,442 | €908 | -€2,535 | -73.6% |
| Taxes | 450/3 | €3,442 | €908 | -€2,535 | -73.6% |
| Other amounts payable | 47/48 | €40,737 | €42,541 | +€1,804 | +4.4% |
| Accrued charges and deferred income | 492/3 | €1,300 | €0 | -€1,300 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €693 | €92 | -€601 | -86.7% |
| Other operating charges | 640/8 | €502 | €654 | +€151 | +30.1% |
| Gross operating margin | 9900 | €15,368 | €1,396 | -€13,971 | -90.9% |
| Operating profit (loss) | 9901 | €14,172 | €650 | -€13,522 | -95.4% |
| Financial income | 75/76B | €12 | €1 | -€12 | -95.1% |
| Recurring financial income | 75 | €12 | €1 | -€12 | -95.1% |
| Financial charges | 65/66B | €264 | €322 | +€58 | +22.2% |
| Recurring financial charges | 65 | €264 | €322 | +€58 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €13,920 | €329 | -€13,591 | -97.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €13,920 | €329 | -€13,591 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,920 | €329 | -€13,591 | -97.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.