OPTIEK MARK PAULY: what changed
OPTIEK MARK PAULY
Largest movements
- Tangible fixed assets -€20,308
down €20,308 (-37.9%), from €53,639 to €33,331
of which Furniture and vehicles: -€15,609
- Receivables within one year -€17,029
down €17,029 (-25.2%), from €67,548 to €50,520
of which Other amounts receivable: -€17,370
- Cash -€9,583
down €9,583 (-95.7%), from €10,014 to €431
mainly Debts after one year (-€26,212) and Current portion of long-term debt (-€18,018)
- Debts after one year -€26,212
down €26,212 (-76.1%), from €34,466 to €8,254
- Current portion of long-term debt -€18,018
down €18,018 (-56.8%), from €31,729 to €13,712
- Short-term financial debts -€16,408
down €16,408 (-61.5%), from €26,661 to €10,253
- Trade debts +€11,343
up €11,343 (+7.9%), from €142,831 to €154,173
- Profit (loss) carried forward +€3,650
up €3,650 (+10.2%), from -€35,895 to -€32,245
- Gross operating margin +€21,365
up €21,365 (+164%), from €13,061 to €34,426
- Other operating charges -€3,358
down €3,358 (-38.5%), from €8,723 to €5,366
- Depreciation -€1,447
down €1,447 (-6.7%), from €21,755 to €20,308
- Financial charges -€906
down €906 (-18.2%), from €4,985 to €4,079
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,886 | €231,585 | -€44,302 | -16.1% |
| Fixed assets | 21/28 | €54,139 | €33,831 | -€20,308 | -37.5% |
| Tangible fixed assets | 22/27 | €53,639 | €33,331 | -€20,308 | -37.9% |
| Plant, machinery and equipment | 23 | €9,108 | €6,425 | -€2,683 | -29.5% |
| Furniture and vehicles | 24 | €33,848 | €18,239 | -€15,609 | -46.1% |
| Other tangible fixed assets | 26 | €10,682 | €8,667 | -€2,015 | -18.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €221,747 | €197,754 | -€23,994 | -10.8% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €113,790 | €115,046 | +€1,256 | +1.1% |
| Stocks | 30/36 | €113,790 | €115,046 | +€1,256 | +1.1% |
| Amounts receivable within one year | 40/41 | €67,548 | €50,520 | -€17,029 | -25.2% |
| Trade receivables | 40 | - | €341 | +€341 | |
| Other amounts receivable | 41 | €67,548 | €50,178 | -€17,370 | -25.7% |
| Cash at bank and in hand | 54/58 | €10,014 | €431 | -€9,583 | -95.7% |
| Deferred charges and accrued income | 490/1 | €395 | €1,757 | +€1,362 | +345% |
| Total equity and liabilities | 10/49 | €275,886 | €231,585 | -€44,302 | -16.1% |
| Equity | 10/15 | €33,525 | €37,176 | +€3,650 | +10.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €7,447 | €7,447 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,895 | -€32,245 | +€3,650 | +10.2% |
| Amounts payable | 17/49 | €242,361 | €194,409 | -€47,952 | -19.8% |
| Amounts payable after more than one year | 17 | €34,466 | €8,254 | -€26,212 | -76.1% |
| Financial debts | 170/4 | €34,466 | €8,254 | -€26,212 | -76.1% |
| Amounts payable within one year | 42/48 | €207,895 | €186,155 | -€21,740 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €31,729 | €13,712 | -€18,018 | -56.8% |
| Financial debts | 43 | €26,661 | €10,253 | -€16,408 | -61.5% |
| Credit institutions | 430/8 | €26,661 | €10,253 | -€16,408 | -61.5% |
| Trade debts | 44 | €142,831 | €154,173 | +€11,343 | +7.9% |
| Suppliers | 440/4 | €142,831 | €154,173 | +€11,343 | +7.9% |
| Taxes, remuneration and social security | 45 | €6,674 | €8,017 | +€1,343 | +20.1% |
| Taxes | 450/3 | €6,674 | €8,017 | +€1,343 | +20.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,755 | €20,308 | -€1,447 | -6.7% |
| Other operating charges | 640/8 | €8,723 | €5,366 | -€3,358 | -38.5% |
| Non-recurring operating charges | 66A | - | €775 | +€775 | |
| Gross operating margin | 9900 | €13,061 | €34,426 | +€21,365 | +164% |
| Operating profit (loss) | 9901 | -€17,417 | €7,977 | +€25,395 | |
| Financial income | 75/76B | €129 | €396 | +€266 | +206% |
| Recurring financial income | 75 | €129 | €396 | +€266 | +206% |
| Financial charges | 65/66B | €4,985 | €4,079 | -€906 | -18.2% |
| Recurring financial charges | 65 | €4,985 | €4,079 | -€906 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,273 | €4,294 | +€26,567 | |
| Income taxes | 67/77 | €672 | €644 | -€28 | -4.2% |
| Profit (loss) for the period | 9904 | -€22,945 | €3,650 | +€26,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,945 | €3,650 | +€26,595 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.