OPTIC BARCHON: 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.
OPTIC BARCHON
Largest movements
- Tangible fixed assets +€19,560
up €19,560 (+38.1%), from €51,290 to €70,850
of which Furniture and vehicles: +€20,075
- Receivables within one year +€16,777
up €16,777 (+177.0%), from €9,481 to €26,258
of which Other amounts receivable: +€15,346
- Cash -€13,382
down €13,382 (-3.6%), from €375,161 to €361,778
mainly Contributions, distributions and other (-€200,000) and Investment in fixed assets (net) (-€34,853)
- Stocks and contracts +€12,106
up €12,106 (+10.8%), from €112,608 to €124,714
- Debts after one year +€24,803
new in 2025: €24,803
- Other debts +€19,471
up €19,471 (+10.8%), from €180,529 to €200,000
- Current portion of long-term debt -€10,719
down €10,719 (-62.4%), from €17,180 to €6,461
- Trade debts -€8,732
down €8,732 (-11.5%), from €76,168 to €67,435
- Tax, wage and social debts +€7,006
up €7,006 (+30.7%), from €22,838 to €29,844
of which Remuneration and social security: +€7,145
- Gross operating margin +€81,282
up €81,282 (+17.4%), from €467,486 to €548,768
- Staff costs +€47,508
up €47,508 (+23.5%), from €201,769 to €249,276
- Taxes +€8,167
up €8,167 (+12.3%), from €66,444 to €74,611
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 | €550,289 | €588,654 | +€38,365 | +7.0% |
| Fixed assets | 21/28 | €51,515 | €71,075 | +€19,560 | +38.0% |
| Tangible fixed assets | 22/27 | €51,290 | €70,850 | +€19,560 | +38.1% |
| Land and buildings | 22 | €515 | - | -€515 | |
| Furniture and vehicles | 24 | €50,775 | €70,850 | +€20,075 | +39.5% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €498,774 | €517,578 | +€18,805 | +3.8% |
| Stocks and contracts in progress | 3 | €112,608 | €124,714 | +€12,106 | +10.8% |
| Stocks | 30/36 | €112,608 | €124,714 | +€12,106 | +10.8% |
| Amounts receivable within one year | 40/41 | €9,481 | €26,258 | +€16,777 | +177.0% |
| Trade receivables | 40 | - | €1,431 | +€1,431 | |
| Other amounts receivable | 41 | €9,481 | €24,827 | +€15,346 | +161.9% |
| Cash at bank and in hand | 54/58 | €375,161 | €361,778 | -€13,382 | -3.6% |
| Deferred charges and accrued income | 490/1 | €1,524 | €4,828 | +€3,304 | +216.9% |
| Total equity and liabilities | 10/49 | €550,289 | €588,654 | +€38,365 | +7.0% |
| Equity | 10/15 | €253,574 | €260,110 | +€6,536 | +2.6% |
| Contributions | 10/11 | €22,600 | €22,600 | = | 0.0% |
| Reserves | 13 | €202,726 | €202,726 | = | 0.0% |
| Distributable reserves | 133 | €202,726 | €202,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,248 | €34,784 | +€6,536 | +23.1% |
| Amounts payable | 17/49 | €296,714 | €328,544 | +€31,829 | +10.7% |
| Amounts payable after more than one year | 17 | - | €24,803 | +€24,803 | |
| Financial debts | 170/4 | - | €24,803 | +€24,803 | |
| Amounts payable within one year | 42/48 | €296,714 | €303,740 | +€7,026 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €17,180 | €6,461 | -€10,719 | -62.4% |
| Trade debts | 44 | €76,168 | €67,435 | -€8,732 | -11.5% |
| Suppliers | 440/4 | €76,168 | €67,435 | -€8,732 | -11.5% |
| Taxes, remuneration and social security | 45 | €22,838 | €29,844 | +€7,006 | +30.7% |
| Taxes | 450/3 | €139 | - | -€139 | |
| Remuneration and social security | 454/9 | €22,699 | €29,844 | +€7,145 | +31.5% |
| Other amounts payable | 47/48 | €180,529 | €200,000 | +€19,471 | +10.8% |
| Non-recurring operating income | 76A | €452 | €191 | -€261 | -57.8% |
| Remuneration, social security and pensions | 62 | €201,769 | €249,276 | +€47,508 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,135 | €15,292 | +€157 | +1.0% |
| Other operating charges | 640/8 | €848 | €661 | -€187 | -22.1% |
| Non-recurring operating charges | 66A | €327 | €310 | -€17 | -5.3% |
| Gross operating margin | 9900 | €467,486 | €548,768 | +€81,282 | +17.4% |
| Operating profit (loss) | 9901 | €249,407 | €283,229 | +€33,822 | +13.6% |
| Financial income | 75/76B | €1,767 | €2,133 | +€366 | +20.7% |
| Recurring financial income | 75 | €1,767 | €2,133 | +€366 | +20.7% |
| Financial charges | 65/66B | €3,416 | €4,215 | +€800 | +23.4% |
| Recurring financial charges | 65 | €3,416 | €4,215 | +€800 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €247,759 | €281,147 | +€33,388 | +13.5% |
| Income taxes | 67/77 | €66,444 | €74,611 | +€8,167 | +12.3% |
| Profit (loss) for the period | 9904 | €181,315 | €206,536 | +€25,221 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €181,315 | €206,536 | +€25,221 | +13.9% |
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 2 October 2026 via checked.be.