OPTIC WERY: 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 WERY
Largest movements
- Current investments -€73,945
down €73,945 (-12.2%), from €607,526 to €533,582
- Tangible fixed assets +€68,124
up €68,124 (+137.5%), from €49,532 to €117,656
of which Plant, machinery and equipment: +€70,375
- Cash -€58,081
down €58,081 (-34.6%), from €167,647 to €109,565
mainly Contributions, distributions and other (-€230,000) and Investment in fixed assets (net) (-€80,825)
- Receivables within one year +€14,691
new in 2025: €14,691
of which Other amounts receivable: +€14,535
- Profit (loss) carried forward -€212,076
down €212,076 (-60.9%), from €348,497 to €136,421
- Reserves +€90,000
up €90,000 (+21.0%), from €428,577 to €518,577
of which Distributable reserves: +€90,000
- Debts after one year +€52,452
new in 2025: €52,452
- Tax, wage and social debts -€27,578
down €27,578 (-26.9%), from €102,536 to €74,958
of which Taxes: -€28,269
- Current portion of long-term debt +€24,390
new in 2025: €24,390
- Gross operating margin -€48,565
down €48,565 (-11.0%), from €441,597 to €393,032
- Taxes -€42,696
down €42,696 (-58.2%), from €73,409 to €30,712
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 | €1,010,638 | €969,443 | -€41,194 | -4.1% |
| Fixed assets | 21/28 | €49,532 | €117,656 | +€68,124 | +137.5% |
| Tangible fixed assets | 22/27 | €49,532 | €117,656 | +€68,124 | +137.5% |
| Plant, machinery and equipment | 23 | €42,694 | €113,069 | +€70,375 | +164.8% |
| Furniture and vehicles | 24 | €6,838 | €4,587 | -€2,251 | -32.9% |
| Current assets | 29/58 | €961,106 | €851,788 | -€109,318 | -11.4% |
| Stocks and contracts in progress | 3 | €185,933 | €193,950 | +€8,017 | +4.3% |
| Stocks | 30/36 | €185,933 | €193,950 | +€8,017 | +4.3% |
| Amounts receivable within one year | 40/41 | - | €14,691 | +€14,691 | |
| Trade receivables | 40 | - | €156 | +€156 | |
| Other amounts receivable | 41 | - | €14,535 | +€14,535 | |
| Current investments | 50/53 | €607,526 | €533,582 | -€73,945 | -12.2% |
| Cash at bank and in hand | 54/58 | €167,647 | €109,565 | -€58,081 | -34.6% |
| Total equity and liabilities | 10/49 | €1,010,638 | €969,443 | -€41,194 | -4.1% |
| Equity | 10/15 | €842,075 | €719,999 | -€122,076 | -14.5% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €428,577 | €518,577 | +€90,000 | +21.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €77,137 | €77,137 | = | 0.0% |
| Distributable reserves | 133 | €344,940 | €434,940 | +€90,000 | +26.1% |
| Profit (loss) carried forward | 14 | €348,497 | €136,421 | -€212,076 | -60.9% |
| Amounts payable | 17/49 | €168,563 | €249,445 | +€80,882 | +48.0% |
| Amounts payable after more than one year | 17 | - | €52,452 | +€52,452 | |
| Financial debts | 170/4 | - | €52,452 | +€52,452 | |
| Amounts payable within one year | 42/48 | €168,563 | €196,992 | +€28,429 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | - | €24,390 | +€24,390 | |
| Financial debts | 43 | - | €13,613 | +€13,613 | |
| Credit institutions | 430/8 | - | €13,613 | +€13,613 | |
| Trade debts | 44 | €50,732 | €72,232 | +€21,501 | +42.4% |
| Suppliers | 440/4 | €50,732 | €72,232 | +€21,501 | +42.4% |
| Advances received on contracts in progress | 46 | €2,349 | €4,875 | +€2,526 | +107.5% |
| Taxes, remuneration and social security | 45 | €102,536 | €74,958 | -€27,578 | -26.9% |
| Taxes | 450/3 | €58,843 | €30,574 | -€28,269 | -48.0% |
| Remuneration and social security | 454/9 | €43,693 | €44,384 | +€691 | +1.6% |
| Other amounts payable | 47/48 | €12,946 | €6,923 | -€6,022 | -46.5% |
| Remuneration, social security and pensions | 62 | €231,358 | €232,575 | +€1,217 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,600 | €12,701 | +€1,102 | +9.5% |
| Other operating charges | 640/8 | €5,119 | €5,769 | +€650 | +12.7% |
| Gross operating margin | 9900 | €441,597 | €393,032 | -€48,565 | -11.0% |
| Operating profit (loss) | 9901 | €193,521 | €141,987 | -€51,533 | -26.6% |
| Financial income | 75/76B | €1,489 | €403 | -€1,086 | -72.9% |
| Recurring financial income | 75 | €1,489 | €403 | -€1,086 | -72.9% |
| Financial charges | 65/66B | €2,658 | €3,754 | +€1,096 | +41.2% |
| Recurring financial charges | 65 | €2,658 | €3,754 | +€1,096 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | €192,351 | €138,636 | -€53,715 | -27.9% |
| Income taxes | 67/77 | €73,409 | €30,712 | -€42,696 | -58.2% |
| Profit (loss) for the period | 9904 | €118,942 | €107,924 | -€11,018 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €118,942 | €107,924 | -€11,018 | -9.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.