OPTIEK GEERTRUI: 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.
OPTIEK GEERTRUI
Largest movements
- Cash +€111,969
up €111,969 (+25.4%), from €440,646 to €552,615
mainly Net result for the year (+€87,217) and Tax, wage and social debts (+€32,063)
- Tangible fixed assets -€12,464
down €12,464 (-35.8%), from €34,785 to €22,321
of which Land and buildings: -€9,672
- Stocks and contracts +€7,335
up €7,335 (+12.6%), from €58,270 to €65,605
- Reserves +€87,217
up €87,217 (+23.8%), from €366,842 to €454,059
of which Distributable reserves: +€89,077
- Tax, wage and social debts +€32,063
up €32,063 (+170%), from €18,912 to €50,974
of which Taxes: +€32,503
- Trade debts -€26,963
down €26,963 (-63.9%), from €42,219 to €15,257
- Other debts +€14,843
up €14,843 (+99.2%), from €14,967 to €29,810
- Gross operating margin +€69,177
up €69,177 (+55.6%), from €124,485 to €193,663
- Taxes +€23,218
up €23,218 (+98.9%), from €23,482 to €46,700
- Staff costs +€2,391
up €2,391 (+7.1%), from €33,852 to €36,243
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 | €533,702 | €641,014 | +€107,313 | +20.1% |
| Fixed assets | 21/28 | €34,785 | €22,321 | -€12,464 | -35.8% |
| Tangible fixed assets | 22/27 | €34,785 | €22,321 | -€12,464 | -35.8% |
| Land and buildings | 22 | €23,869 | €14,197 | -€9,672 | -40.5% |
| Plant, machinery and equipment | 23 | €5,877 | - | -€5,877 | |
| Furniture and vehicles | 24 | €5,040 | €8,124 | +€3,084 | +61.2% |
| Current assets | 29/58 | €498,916 | €618,694 | +€119,777 | +24.0% |
| Stocks and contracts in progress | 3 | €58,270 | €65,605 | +€7,335 | +12.6% |
| Stocks | 30/36 | €58,270 | €65,605 | +€7,335 | +12.6% |
| Amounts receivable within one year | 40/41 | - | €473 | +€473 | |
| Trade receivables | 40 | - | €282 | +€282 | |
| Other amounts receivable | 41 | - | €191 | +€191 | |
| Cash at bank and in hand | 54/58 | €440,646 | €552,615 | +€111,969 | +25.4% |
| Total equity and liabilities | 10/49 | €533,702 | €641,014 | +€107,313 | +20.1% |
| Equity | 10/15 | €385,442 | €472,659 | +€87,217 | +22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €366,842 | €454,059 | +€87,217 | +23.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €364,982 | €454,059 | +€89,077 | +24.4% |
| Amounts payable | 17/49 | €148,259 | €168,355 | +€20,096 | +13.6% |
| Amounts payable after more than one year | 17 | €68,780 | €68,780 | = | 0.0% |
| Financial debts | 170/4 | €68,780 | €68,780 | = | 0.0% |
| Amounts payable within one year | 42/48 | €79,479 | €99,575 | +€20,096 | +25.3% |
| Financial debts | 43 | €3,382 | €3,534 | +€152 | +4.5% |
| Other loans | 439 | €3,382 | €3,534 | +€152 | +4.5% |
| Trade debts | 44 | €42,219 | €15,257 | -€26,963 | -63.9% |
| Suppliers | 440/4 | €42,219 | €15,257 | -€26,963 | -63.9% |
| Taxes, remuneration and social security | 45 | €18,912 | €50,974 | +€32,063 | +170% |
| Taxes | 450/3 | €12,610 | €45,113 | +€32,503 | +258% |
| Remuneration and social security | 454/9 | €6,301 | €5,861 | -€440 | -7.0% |
| Other amounts payable | 47/48 | €14,967 | €29,810 | +€14,843 | +99.2% |
| Remuneration, social security and pensions | 62 | €33,852 | €36,243 | +€2,391 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,272 | €20,699 | -€573 | -2.7% |
| Other operating charges | 640/8 | €2,597 | €3,606 | +€1,010 | +38.9% |
| Gross operating margin | 9900 | €124,485 | €193,663 | +€69,177 | +55.6% |
| Operating profit (loss) | 9901 | €66,764 | €133,114 | +€66,350 | +99.4% |
| Financial income | 75/76B | €2,385 | €3,870 | +€1,485 | +62.3% |
| Recurring financial income | 75 | €2,385 | €3,870 | +€1,485 | +62.3% |
| Financial charges | 65/66B | €2,654 | €3,067 | +€414 | +15.6% |
| Recurring financial charges | 65 | €2,654 | €3,067 | +€414 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €66,496 | €133,917 | +€67,421 | +101% |
| Income taxes | 67/77 | €23,482 | €46,700 | +€23,218 | +98.9% |
| Profit (loss) for the period | 9904 | €43,014 | €87,217 | +€44,203 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €43,014 | €87,217 | +€44,203 | +103% |
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 24 October 2026 via checked.be.