Optiek T: 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 T
Largest movements
- Intangible fixed assets +€175,368
up €175,368 (+15.1%), from €1.2m to €1.3m
- Cash +€170,276
up €170,276 (+112%), from €151,836 to €322,111
mainly Debts after one year (+€333,370) and Depreciation (+€225,721)
- Tangible fixed assets +€124,139
up €124,139 (+2,746%), from €4,520 to €128,659
of which Land and buildings: +€124,845
- Stocks and contracts +€86,748
up €86,748 (+86.2%), from €100,683 to €187,431
- Debts after one year +€333,370
up €333,370 (+35.7%), from €935,089 to €1.3m
- Current portion of long-term debt +€109,899
up €109,899 (+66.4%), from €165,421 to €275,320
- Trade debts +€42,705
up €42,705 (+154%), from €27,697 to €70,402
- Tax, wage and social debts +€42,668
up €42,668 (+221%), from €19,283 to €61,951
of which Taxes: +€26,454
- Other debts +€24,000
up €24,000 (+24.0%), from €100,000 to €124,000
- Gross operating margin -€122,184
down €122,184 (-17.5%), from €698,609 to €576,426
- Depreciation -€106,234
down €106,234 (-32.0%), from €331,955 to €225,721
- Financial charges -€28,977
down €28,977 (-41.6%), from €69,665 to €40,688
- Staff costs -€14,587
down €14,587 (-9.0%), from €162,017 to €147,430
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,436,697 | €1,998,930 | +€562,232 | +39.1% |
| Fixed assets | 21/28 | €1,181,228 | €1,480,735 | +€299,507 | +25.4% |
| Intangible fixed assets | 21 | €1,164,666 | €1,340,034 | +€175,368 | +15.1% |
| Tangible fixed assets | 22/27 | €4,520 | €128,659 | +€124,139 | +2,746% |
| Land and buildings | 22 | - | €124,845 | +€124,845 | |
| Plant, machinery and equipment | 23 | €4,344 | €3,814 | -€530 | -12.2% |
| Other tangible fixed assets | 26 | €176 | €0 | -€176 | -100% |
| Financial fixed assets | 28 | €12,042 | €12,042 | = | 0.0% |
| Current assets | 29/58 | €255,470 | €518,195 | +€262,725 | +103% |
| Stocks and contracts in progress | 3 | €100,683 | €187,431 | +€86,748 | +86.2% |
| Stocks | 30/36 | €100,683 | €187,431 | +€86,748 | +86.2% |
| Amounts receivable within one year | 40/41 | - | €3,212 | +€3,212 | |
| Trade receivables | 40 | - | €3,212 | +€3,212 | |
| Cash at bank and in hand | 54/58 | €151,836 | €322,111 | +€170,276 | +112% |
| Deferred charges and accrued income | 490/1 | €2,952 | €5,440 | +€2,489 | +84.3% |
| Total equity and liabilities | 10/49 | €1,436,697 | €1,998,930 | +€562,232 | +39.1% |
| Equity | 10/15 | €181,795 | €180,291 | -€1,505 | -0.8% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €1,795 | €291 | -€1,505 | -83.8% |
| Distributable reserves | 133 | €1,795 | €291 | -€1,505 | -83.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,254,902 | €1,818,639 | +€563,737 | +44.9% |
| Amounts payable after more than one year | 17 | €935,089 | €1,268,459 | +€333,370 | +35.7% |
| Financial debts | 170/4 | €935,089 | €1,268,459 | +€333,370 | +35.7% |
| Amounts payable within one year | 42/48 | €319,322 | €550,180 | +€230,858 | +72.3% |
| Current portion of amounts payable after more than one year | 42 | €165,421 | €275,320 | +€109,899 | +66.4% |
| Trade debts | 44 | €27,697 | €70,402 | +€42,705 | +154% |
| Suppliers | 440/4 | €27,697 | €70,402 | +€42,705 | +154% |
| Advances received on contracts in progress | 46 | €6,921 | €18,507 | +€11,586 | +167% |
| Taxes, remuneration and social security | 45 | €19,283 | €61,951 | +€42,668 | +221% |
| Taxes | 450/3 | €8,322 | €34,776 | +€26,454 | +318% |
| Remuneration and social security | 454/9 | €10,961 | €27,175 | +€16,214 | +148% |
| Other amounts payable | 47/48 | €100,000 | €124,000 | +€24,000 | +24.0% |
| Accrued charges and deferred income | 492/3 | €491 | €0 | -€491 | -100% |
| Remuneration, social security and pensions | 62 | €162,017 | €147,430 | -€14,587 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331,955 | €225,721 | -€106,234 | -32.0% |
| Other operating charges | 640/8 | €1,442 | €1,113 | -€329 | -22.8% |
| Gross operating margin | 9900 | €698,609 | €576,426 | -€122,184 | -17.5% |
| Operating profit (loss) | 9901 | €203,196 | €202,162 | -€1,033 | -0.5% |
| Financial income | 75/76B | €3,514 | €3,104 | -€409 | -11.6% |
| Recurring financial income | 75 | €3,514 | €3,104 | -€409 | -11.6% |
| Financial charges | 65/66B | €69,665 | €40,688 | -€28,977 | -41.6% |
| Recurring financial charges | 65 | €69,665 | €40,688 | -€28,977 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €137,044 | €164,579 | +€27,535 | +20.1% |
| Income taxes | 67/77 | €35,249 | €42,084 | +€6,834 | +19.4% |
| Profit (loss) for the period | 9904 | €101,795 | €122,495 | +€20,700 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €101,795 | €122,495 | +€20,700 | +20.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.