OPTIEK TRAP: 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 TRAP
Largest movements
- Tangible fixed assets -€67,408
down €67,408 (-23.7%), from €284,559 to €217,151
- Cash +€18,551
up €18,551 (+195%), from €9,532 to €28,084
mainly Depreciation (+€77,107) and Net result for the year (+€15,391)
- Receivables within one year +€12,441
up €12,441 (+241%), from €5,159 to €17,600
- Stocks and contracts -€11,299
down €11,299 (-8.0%), from €140,999 to €129,700
- Intangible fixed assets -€7,561
down €7,561 (-28.6%), from €26,436 to €18,874
- Debts after one year -€59,370
down €59,370 (-21.4%), from €278,047 to €218,677
- Profit (loss) carried forward +€15,391
up €15,391 (+59.6%), from -€25,805 to -€10,414
- Tax, wage and social debts +€10,375
up €10,375 (+25.7%), from €40,367 to €50,741
of which Taxes: +€13,097
- Other debts -€9,809
down €9,809 (-50.3%), from €19,491 to €9,682
- Trade debts -€7,631
down €7,631 (-15.1%), from €50,481 to €42,851
- Gross operating margin +€64,766
up €64,766 (+29.6%), from €219,126 to €283,892
- Taxes +€8,675
up €8,675 (+2,060%), from €421 to €9,096
- Write-downs +€6,567
no longer reported in 2025 (was -€6,567)
- Depreciation +€5,802
up €5,802 (+8.1%), from €71,305 to €77,107
- Staff costs +€4,252
up €4,252 (+2.5%), from €170,974 to €175,226
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 | €499,604 | €439,530 | -€60,074 | -12.0% |
| Fixed assets | 21/28 | €311,985 | €237,015 | -€74,970 | -24.0% |
| Intangible fixed assets | 21 | €26,436 | €18,874 | -€7,561 | -28.6% |
| Tangible fixed assets | 22/27 | €284,559 | €217,151 | -€67,408 | -23.7% |
| Land and buildings | 22 | €99,413 | €86,986 | -€12,427 | -12.5% |
| Plant, machinery and equipment | 23 | €55,887 | €39,550 | -€16,337 | -29.2% |
| Furniture and vehicles | 24 | €90,609 | €65,489 | -€25,121 | -27.7% |
| Other tangible fixed assets | 26 | €38,650 | €25,126 | -€13,524 | -35.0% |
| Financial fixed assets | 28 | €990 | €990 | = | 0.0% |
| Current assets | 29/58 | €187,619 | €202,515 | +€14,896 | +7.9% |
| Stocks and contracts in progress | 3 | €140,999 | €129,700 | -€11,299 | -8.0% |
| Stocks | 30/36 | €140,999 | €129,700 | -€11,299 | -8.0% |
| Amounts receivable within one year | 40/41 | €5,159 | €17,600 | +€12,441 | +241% |
| Trade receivables | 40 | €5,159 | €17,600 | +€12,441 | +241% |
| Cash at bank and in hand | 54/58 | €9,532 | €28,084 | +€18,551 | +195% |
| Deferred charges and accrued income | 490/1 | €31,929 | €27,132 | -€4,797 | -15.0% |
| Total equity and liabilities | 10/49 | €499,604 | €439,530 | -€60,074 | -12.0% |
| Equity | 10/15 | €43,695 | €59,086 | +€15,391 | +35.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €49,500 | €49,500 | = | 0.0% |
| Distributable reserves | 133 | €49,500 | €49,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,805 | -€10,414 | +€15,391 | +59.6% |
| Amounts payable | 17/49 | €455,909 | €380,445 | -€75,465 | -16.6% |
| Amounts payable after more than one year | 17 | €278,047 | €218,677 | -€59,370 | -21.4% |
| Financial debts | 170/4 | €278,047 | €218,677 | -€59,370 | -21.4% |
| Amounts payable within one year | 42/48 | €172,426 | €161,767 | -€10,658 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €55,524 | €58,494 | +€2,969 | +5.3% |
| Financial debts | 43 | €6,563 | - | -€6,563 | |
| Credit institutions | 430/8 | €6,563 | - | -€6,563 | |
| Trade debts | 44 | €50,481 | €42,851 | -€7,631 | -15.1% |
| Suppliers | 440/4 | €50,481 | €42,851 | -€7,631 | -15.1% |
| Taxes, remuneration and social security | 45 | €40,367 | €50,741 | +€10,375 | +25.7% |
| Taxes | 450/3 | €18,460 | €31,558 | +€13,097 | +70.9% |
| Remuneration and social security | 454/9 | €21,906 | €19,184 | -€2,722 | -12.4% |
| Other amounts payable | 47/48 | €19,491 | €9,682 | -€9,809 | -50.3% |
| Accrued charges and deferred income | 492/3 | €5,436 | - | -€5,436 | |
| Non-recurring operating income | 76A | €5,500 | €6,636 | +€1,136 | +20.7% |
| Remuneration, social security and pensions | 62 | €170,974 | €175,226 | +€4,252 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,305 | €77,107 | +€5,802 | +8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,567 | - | +€6,567 | |
| Other operating charges | 640/8 | €4,068 | €2,757 | -€1,311 | -32.2% |
| Gross operating margin | 9900 | €219,126 | €283,892 | +€64,766 | +29.6% |
| Operating profit (loss) | 9901 | -€20,654 | €28,802 | +€49,456 | |
| Financial income | 75/76B | €3,750 | €4,727 | +€977 | +26.0% |
| Recurring financial income | 75 | €3,750 | €4,727 | +€977 | +26.0% |
| Financial charges | 65/66B | €10,807 | €9,042 | -€1,766 | -16.3% |
| Recurring financial charges | 65 | €10,807 | €9,042 | -€1,766 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€27,711 | €24,487 | +€52,199 | |
| Income taxes | 67/77 | €421 | €9,096 | +€8,675 | +2,060% |
| Profit (loss) for the period | 9904 | -€28,132 | €15,391 | +€43,523 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,132 | €15,391 | +€43,523 |
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 20 October 2026 via checked.be.