Opticor: 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.
Opticor
Largest movements
- Cash +€41,892
up €41,892 (+189.4%), from €22,115 to €64,007
mainly Trade debts (+€51,686) and Net result for the year (+€46,511)
- Receivables within one year +€34,595
up €34,595 (+50.8%), from €68,049 to €102,645
of which Trade receivables: +€35,008
- Tangible fixed assets +€3,586
up €3,586 (+12.4%), from €28,879 to €32,465
- Trade debts +€51,686
up €51,686 (+183.1%), from €28,221 to €79,908
- Other debts +€30,000
up €30,000 (+200.0%), from €15,000 to €45,000
- Debts after one year -€8,201
down €8,201 (-43.2%), from €18,987 to €10,786
- Tax, wage and social debts +€4,378
up €4,378 (+18.4%), from €23,767 to €28,145
of which Remuneration and social security: +€5,364
- Gross operating margin +€42,222
up €42,222 (+46.6%), from €90,577 to €132,800
- Staff costs +€34,040
up €34,040 (+121.6%), from €27,993 to €62,033
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 | €120,296 | €200,034 | +€79,738 | +66.3% |
| Formation expenses | 20 | €598 | €356 | -€242 | -40.4% |
| Fixed assets | 21/28 | €28,879 | €32,465 | +€3,586 | +12.4% |
| Tangible fixed assets | 22/27 | €28,879 | €32,465 | +€3,586 | +12.4% |
| Furniture and vehicles | 24 | €28,879 | €32,465 | +€3,586 | +12.4% |
| Current assets | 29/58 | €90,819 | €167,212 | +€76,394 | +84.1% |
| Amounts receivable within one year | 40/41 | €68,049 | €102,645 | +€34,595 | +50.8% |
| Trade receivables | 40 | €67,616 | €102,624 | +€35,008 | +51.8% |
| Other amounts receivable | 41 | €433 | €20 | -€413 | -95.3% |
| Cash at bank and in hand | 54/58 | €22,115 | €64,007 | +€41,892 | +189.4% |
| Deferred charges and accrued income | 490/1 | €655 | €561 | -€94 | -14.3% |
| Total equity and liabilities | 10/49 | €120,296 | €200,034 | +€79,738 | +66.3% |
| Equity | 10/15 | €26,482 | €27,994 | +€1,511 | +5.7% |
| Contributions | 10/11 | €3,360 | €3,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,122 | €24,634 | +€1,511 | +6.5% |
| Amounts payable | 17/49 | €93,813 | €172,040 | +€78,227 | +83.4% |
| Amounts payable after more than one year | 17 | €18,987 | €10,786 | -€8,201 | -43.2% |
| Financial debts | 170/4 | €18,987 | €10,786 | -€8,201 | -43.2% |
| Amounts payable within one year | 42/48 | €74,826 | €161,254 | +€86,427 | +115.5% |
| Current portion of amounts payable after more than one year | 42 | €7,838 | €8,201 | +€363 | +4.6% |
| Trade debts | 44 | €28,221 | €79,908 | +€51,686 | +183.1% |
| Suppliers | 440/4 | €28,221 | €79,908 | +€51,686 | +183.1% |
| Taxes, remuneration and social security | 45 | €23,767 | €28,145 | +€4,378 | +18.4% |
| Taxes | 450/3 | €18,537 | €17,551 | -€986 | -5.3% |
| Remuneration and social security | 454/9 | €5,230 | €10,594 | +€5,364 | +102.6% |
| Other amounts payable | 47/48 | €15,000 | €45,000 | +€30,000 | +200.0% |
| Remuneration, social security and pensions | 62 | €27,993 | €62,033 | +€34,040 | +121.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,441 | €10,324 | +€883 | +9.4% |
| Other operating charges | 640/8 | €1,394 | €799 | -€595 | -42.7% |
| Gross operating margin | 9900 | €90,577 | €132,800 | +€42,222 | +46.6% |
| Operating profit (loss) | 9901 | €51,749 | €59,644 | +€7,895 | +15.3% |
| Financial income | 75/76B | €1,193 | €0 | -€1,193 | -100.0% |
| Recurring financial income | 75 | €1,193 | €0 | -€1,193 | -100.0% |
| Financial charges | 65/66B | €1,656 | €1,217 | -€439 | -26.5% |
| Recurring financial charges | 65 | €1,656 | €1,217 | -€439 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €51,286 | €58,427 | +€7,140 | +13.9% |
| Income taxes | 67/77 | €10,687 | €11,916 | +€1,228 | +11.5% |
| Profit (loss) for the period | 9904 | €40,599 | €46,511 | +€5,912 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,599 | €46,511 | +€5,912 | +14.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.