OPTIC 2009: 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.
OPTIC 2009
Largest movements
- Tangible fixed assets +€107,460
up €107,460 (+288%), from €37,254 to €144,715
of which Other tangible fixed assets: +€111,894
- Stocks and contracts -€5,894
down €5,894 (-6.5%), from €90,548 to €84,654
- Other debts +€60,151
new in 2025: €60,151
- Reserves -€55,388
down €55,388 (-27.4%), from €202,296 to €146,908
of which Distributable reserves: -€55,388
- Trade debts +€48,811
up €48,811 (+271%), from €17,984 to €66,795
- Debts after one year +€47,177
up €47,177 (+375%), from €12,581 to €59,758
- Current portion of long-term debt +€7,514
up €7,514 (+90.9%), from €8,262 to €15,775
- Gross operating margin -€43,951
down €43,951 (-66.1%), from €66,464 to €22,513
- Taxes -€11,673
down €11,673 (-89.5%), from €13,036 to €1,363
- Depreciation -€6,607
down €6,607 (-31.6%), from €20,876 to €14,269
- Financial income +€2,689
up €2,689 (+128%), from €2,097 to €4,786
of which Financial income: +€2,689
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 | €273,151 | €377,676 | +€104,525 | +38.3% |
| Fixed assets | 21/28 | €37,254 | €144,715 | +€107,460 | +288% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €37,254 | €144,715 | +€107,460 | +288% |
| Plant, machinery and equipment | 23 | €5,453 | €8,547 | +€3,095 | +56.8% |
| Furniture and vehicles | 24 | €28,817 | €21,289 | -€7,528 | -26.1% |
| Other tangible fixed assets | 26 | €2,984 | €114,878 | +€111,894 | +3,749% |
| Current assets | 29/58 | €235,897 | €232,962 | -€2,935 | -1.2% |
| Stocks and contracts in progress | 3 | €90,548 | €84,654 | -€5,894 | -6.5% |
| Stocks | 30/36 | €90,548 | €84,654 | -€5,894 | -6.5% |
| Amounts receivable within one year | 40/41 | €13,000 | €15,922 | +€2,922 | +22.5% |
| Trade receivables | 40 | €4,125 | €2,885 | -€1,240 | -30.0% |
| Other amounts receivable | 41 | €8,875 | €13,037 | +€4,162 | +46.9% |
| Cash at bank and in hand | 54/58 | €127,949 | €126,318 | -€1,631 | -1.3% |
| Deferred charges and accrued income | 490/1 | €4,400 | €6,068 | +€1,667 | +37.9% |
| Total equity and liabilities | 10/49 | €273,151 | €377,676 | +€104,525 | +38.3% |
| Equity | 10/15 | €220,896 | €165,508 | -€55,388 | -25.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,296 | €146,908 | -€55,388 | -27.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €202,296 | €146,908 | -€55,388 | -27.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,255 | €212,168 | +€159,913 | +306% |
| Amounts payable after more than one year | 17 | €12,581 | €59,758 | +€47,177 | +375% |
| Financial debts | 170/4 | €12,581 | €59,758 | +€47,177 | +375% |
| Amounts payable within one year | 42/48 | €39,645 | €151,984 | +€112,339 | +283% |
| Current portion of amounts payable after more than one year | 42 | €8,262 | €15,775 | +€7,514 | +90.9% |
| Financial debts | 43 | €425 | €1,693 | +€1,268 | +298% |
| Credit institutions | 430/8 | €425 | €1,693 | +€1,268 | +298% |
| Trade debts | 44 | €17,984 | €66,795 | +€48,811 | +271% |
| Suppliers | 440/4 | €17,984 | €66,795 | +€48,811 | +271% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €12,974 | €7,569 | -€5,404 | -41.7% |
| Taxes | 450/3 | €12,974 | €7,569 | -€5,404 | -41.7% |
| Other amounts payable | 47/48 | - | €60,151 | +€60,151 | |
| Accrued charges and deferred income | 492/3 | €30 | €427 | +€397 | +1,319% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,876 | €14,269 | -€6,607 | -31.6% |
| Other operating charges | 640/8 | €1,419 | €847 | -€572 | -40.3% |
| Gross operating margin | 9900 | €66,464 | €22,513 | -€43,951 | -66.1% |
| Operating profit (loss) | 9901 | €44,169 | €7,397 | -€36,772 | -83.3% |
| Financial income | 75/76B | €2,097 | €4,786 | +€2,689 | +128% |
| Recurring financial income | 75 | €2,097 | €4,786 | +€2,689 | +128% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,230 | €2,890 | +€660 | +29.6% |
| Recurring financial charges | 65 | €2,230 | €2,890 | +€660 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €44,036 | €9,293 | -€34,743 | -78.9% |
| Income taxes | 67/77 | €13,036 | €1,363 | -€11,673 | -89.5% |
| Profit (loss) for the period | 9904 | €31,000 | €7,930 | -€23,070 | -74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,000 | €7,930 | -€23,070 | -74.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.