OPTIEK SAEY: 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 SAEY
Largest movements
- Current investments +€45,000
up €45,000 (+11.8%), from €380,000 to €425,000
- Cash -€19,272
down €19,272 (-28.0%), from €68,759 to €49,487
mainly Current investments (-€45,000) and Contributions, distributions and other (-€33,000)
- Receivables after one year -€10,600
no longer reported in 2025 (was €10,600)
- Stocks and contracts +€10,183
up €10,183 (+21.2%), from €48,020 to €58,203
- Reserves +€17,623
up €17,623 (+3.8%), from €464,388 to €482,011
- Tax, wage and social debts +€9,172
up €9,172 (+135%), from €6,792 to €15,964
of which Taxes: +€4,960
- Other debts -€7,721
down €7,721 (-23.4%), from €32,982 to €25,261
- Depreciation -€16,091
down €16,091 (-82.7%), from €19,458 to €3,368
- Gross operating margin +€14,403
up €14,403 (+12.2%), from €117,908 to €132,310
- Staff costs +€9,452
up €9,452 (+21.5%), from €43,870 to €53,322
- Taxes +€5,017
up €5,017 (+27.0%), from €18,587 to €23,604
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 | €536,850 | €560,481 | +€23,632 | +4.4% |
| Fixed assets | 21/28 | €8,094 | €4,726 | -€3,368 | -41.6% |
| Tangible fixed assets | 22/27 | €8,094 | €4,726 | -€3,368 | -41.6% |
| Plant, machinery and equipment | 23 | €7,464 | €4,476 | -€2,988 | -40.0% |
| Furniture and vehicles | 24 | €630 | €251 | -€379 | -60.2% |
| Current assets | 29/58 | €528,756 | €555,755 | +€26,999 | +5.1% |
| Amounts receivable after more than one year | 29 | €10,600 | - | -€10,600 | |
| Other amounts receivable | 291 | €10,600 | - | -€10,600 | |
| Stocks and contracts in progress | 3 | €48,020 | €58,203 | +€10,183 | +21.2% |
| Stocks | 30/36 | €48,020 | €58,203 | +€10,183 | +21.2% |
| Amounts receivable within one year | 40/41 | €21,377 | €23,065 | +€1,688 | +7.9% |
| Trade receivables | 40 | €855 | €3,863 | +€3,008 | +352% |
| Other amounts receivable | 41 | €20,522 | €19,203 | -€1,319 | -6.4% |
| Current investments | 50/53 | €380,000 | €425,000 | +€45,000 | +11.8% |
| Cash at bank and in hand | 54/58 | €68,759 | €49,487 | -€19,272 | -28.0% |
| Total equity and liabilities | 10/49 | €536,850 | €560,481 | +€23,632 | +4.4% |
| Equity | 10/15 | €482,988 | €500,611 | +€17,623 | +3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €464,388 | €482,011 | +€17,623 | +3.8% |
| Distributable reserves | 133 | €464,388 | €482,011 | +€17,623 | +3.8% |
| Amounts payable | 17/49 | €53,861 | €59,870 | +€6,008 | +11.2% |
| Amounts payable within one year | 42/48 | €53,861 | €59,870 | +€6,008 | +11.2% |
| Trade debts | 44 | €14,087 | €18,645 | +€4,558 | +32.4% |
| Suppliers | 440/4 | €14,087 | €18,645 | +€4,558 | +32.4% |
| Taxes, remuneration and social security | 45 | €6,792 | €15,964 | +€9,172 | +135% |
| Taxes | 450/3 | €5,015 | €9,975 | +€4,960 | +98.9% |
| Remuneration and social security | 454/9 | €1,776 | €5,989 | +€4,212 | +237% |
| Other amounts payable | 47/48 | €32,982 | €25,261 | -€7,721 | -23.4% |
| Remuneration, social security and pensions | 62 | €43,870 | €53,322 | +€9,452 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,458 | €3,368 | -€16,091 | -82.7% |
| Gross operating margin | 9900 | €117,908 | €132,310 | +€14,403 | +12.2% |
| Operating profit (loss) | 9901 | €54,579 | €75,621 | +€21,042 | +38.6% |
| Financial income | 75/76B | €1,329 | €1,108 | -€221 | -16.6% |
| Recurring financial income | 75 | €1,329 | €1,108 | -€221 | -16.6% |
| Financial charges | 65/66B | €3,318 | €2,502 | -€816 | -24.6% |
| Recurring financial charges | 65 | €3,318 | €2,502 | -€816 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €52,590 | €74,227 | +€21,637 | +41.1% |
| Income taxes | 67/77 | €18,587 | €23,604 | +€5,017 | +27.0% |
| Profit (loss) for the period | 9904 | €34,003 | €50,623 | +€16,620 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,003 | €50,623 | +€16,620 | +48.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.