OPTIC DEMEY: 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 DEMEY
Largest movements
- Tangible fixed assets +€26,392
up €26,392 (+283.1%), from €9,323 to €35,716
of which Assets under construction and advance payments: +€28,260
- Cash -€10,122
no longer reported in 2025 (was €10,122)
mainly Investment in fixed assets (net) (-€30,110) and Net result for the year (-€7,886)
- Receivables within one year +€6,404
up €6,404 (+14.0%), from €45,708 to €52,112
- Stocks and contracts -€4,816
down €4,816 (-26.6%), from €18,090 to €13,273
- Debts after one year +€27,268
up €27,268 (+362.5%), from €7,523 to €34,790
of which Trade debts: +€34,195
- Profit (loss) carried forward -€7,886
down €7,886 (-24.1%), from €32,718 to €24,832
- Trade debts -€6,305
down €6,305 (-63.9%), from €9,862 to €3,556
- Tax, wage and social debts +€3,332
up €3,332 (+45.0%), from €7,397 to €10,729
of which Remuneration and social security: +€4,500
- Gross operating margin -€10,169
down €10,169, from €4,903 to -€5,266
- Write-downs -€5,437
down €5,437, from €1,332 to -€4,105
- Staff costs -€3,777
no longer reported in 2025 (was €3,777)
- Financial charges -€1,764
down €1,764 (-30.0%), from €5,872 to €4,108
- Financial income +€1,205
up €1,205 (+140.5%), from €857 to €2,062
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 | €84,596 | €101,838 | +€17,242 | +20.4% |
| Fixed assets | 21/28 | €9,373 | €35,716 | +€26,342 | +281.0% |
| Tangible fixed assets | 22/27 | €9,323 | €35,716 | +€26,392 | +283.1% |
| Furniture and vehicles | 24 | €1,598 | €1,117 | -€481 | -30.1% |
| Other tangible fixed assets | 26 | €7,726 | €6,339 | -€1,387 | -17.9% |
| Assets under construction and advance payments | 27 | - | €28,260 | +€28,260 | |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €75,223 | €66,122 | -€9,101 | -12.1% |
| Stocks and contracts in progress | 3 | €18,090 | €13,273 | -€4,816 | -26.6% |
| Stocks | 30/36 | €18,090 | €13,273 | -€4,816 | -26.6% |
| Amounts receivable within one year | 40/41 | €45,708 | €52,112 | +€6,404 | +14.0% |
| Other amounts receivable | 41 | €45,708 | €52,112 | +€6,404 | +14.0% |
| Current investments | 50/53 | €57 | - | -€57 | |
| Cash at bank and in hand | 54/58 | €10,122 | - | -€10,122 | |
| Deferred charges and accrued income | 490/1 | €1,247 | €737 | -€510 | -40.9% |
| Total equity and liabilities | 10/49 | €84,596 | €101,838 | +€17,242 | +20.4% |
| Equity | 10/15 | €53,177 | €45,291 | -€7,886 | -14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €32,718 | €24,832 | -€7,886 | -24.1% |
| Amounts payable | 17/49 | €31,419 | €56,547 | +€25,128 | +80.0% |
| Amounts payable after more than one year | 17 | €7,523 | €34,790 | +€27,268 | +362.5% |
| Financial debts | 170/4 | €7,523 | €596 | -€6,927 | -92.1% |
| Trade debts | 175 | - | €34,195 | +€34,195 | |
| Amounts payable within one year | 42/48 | €23,896 | €21,757 | -€2,140 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €6,638 | €6,926 | +€288 | +4.3% |
| Financial debts | 43 | - | €546 | +€546 | |
| Credit institutions | 430/8 | - | €546 | +€546 | |
| Trade debts | 44 | €9,862 | €3,556 | -€6,305 | -63.9% |
| Suppliers | 440/4 | €9,862 | €3,556 | -€6,305 | -63.9% |
| Taxes, remuneration and social security | 45 | €7,397 | €10,729 | +€3,332 | +45.0% |
| Taxes | 450/3 | €7,397 | €6,229 | -€1,168 | -15.8% |
| Remuneration and social security | 454/9 | - | €4,500 | +€4,500 | |
| Remuneration, social security and pensions | 62 | €3,777 | - | -€3,777 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,542 | €3,768 | +€226 | +6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,332 | -€4,105 | -€5,437 | |
| Other operating charges | 640/8 | €348 | €718 | +€370 | +106.5% |
| Gross operating margin | 9900 | €4,903 | -€5,266 | -€10,169 | |
| Operating profit (loss) | 9901 | -€4,096 | -€5,646 | -€1,550 | -37.9% |
| Financial income | 75/76B | €857 | €2,062 | +€1,205 | +140.5% |
| Recurring financial income | 75 | €857 | €2,062 | +€1,205 | +140.5% |
| Financial charges | 65/66B | €5,872 | €4,108 | -€1,764 | -30.0% |
| Recurring financial charges | 65 | €5,872 | €4,108 | -€1,764 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,110 | -€7,692 | +€1,418 | +15.6% |
| Income taxes | 67/77 | €294 | €194 | -€100 | -34.1% |
| Profit (loss) for the period | 9904 | -€9,405 | -€7,886 | +€1,518 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,405 | -€7,886 | +€1,518 | +16.1% |
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 5 October 2026 via checked.be.