OPTIEK VAN NESTE: 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 VAN NESTE
Largest movements
- Cash +€146,650
up €146,650 (+247%), from €59,321 to €205,971
mainly Receivables within one year (+€127,002) and Net result for the year (+€94,513)
- Receivables within one year -€127,002
down €127,002 (-66.6%), from €190,744 to €63,742
of which Other amounts receivable: -€129,680
- Tangible fixed assets -€15,980
down €15,980 (-9.9%), from €161,126 to €145,146
of which Plant, machinery and equipment: -€18,911
- Deferred charges and accrued income +€9,142
up €9,142 (+39.8%), from €22,960 to €32,101
- Other debts -€79,519
down €79,519 (-73.6%), from €108,089 to €28,570
- Reserves +€65,430
up €65,430 (+26.7%), from €245,000 to €310,430
of which Distributable reserves: +€65,430
- Tax, wage and social debts -€30,415
down €30,415 (-20.9%), from €145,736 to €115,321
of which Taxes: -€18,113
- Short-term financial debts +€27,647
up €27,647 (+78.6%), from €35,163 to €62,811
- Trade debts +€23,122
up €23,122 (+37.4%), from €61,800 to €84,922
- Gross operating margin -€47,209
down €47,209 (-6.3%), from €748,469 to €701,260
- Taxes -€16,191
down €16,191 (-32.8%), from €49,421 to €33,230
- Staff costs +€10,840
up €10,840 (+2.3%), from €480,371 to €491,211
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 | €633,702 | €649,554 | +€15,851 | +2.5% |
| Fixed assets | 21/28 | €169,691 | €151,948 | -€17,743 | -10.5% |
| Intangible fixed assets | 21 | €5,879 | €3,381 | -€2,498 | -42.5% |
| Tangible fixed assets | 22/27 | €161,126 | €145,146 | -€15,980 | -9.9% |
| Plant, machinery and equipment | 23 | €85,918 | €67,007 | -€18,911 | -22.0% |
| Furniture and vehicles | 24 | €75,209 | €78,139 | +€2,931 | +3.9% |
| Financial fixed assets | 28 | €2,686 | €3,420 | +€735 | +27.4% |
| Current assets | 29/58 | €464,011 | €497,606 | +€33,595 | +7.2% |
| Stocks and contracts in progress | 3 | €190,987 | €195,792 | +€4,805 | +2.5% |
| Stocks | 30/36 | €190,987 | €195,792 | +€4,805 | +2.5% |
| Amounts receivable within one year | 40/41 | €190,744 | €63,742 | -€127,002 | -66.6% |
| Trade receivables | 40 | €30,222 | €32,900 | +€2,678 | +8.9% |
| Other amounts receivable | 41 | €160,522 | €30,842 | -€129,680 | -80.8% |
| Cash at bank and in hand | 54/58 | €59,321 | €205,971 | +€146,650 | +247% |
| Deferred charges and accrued income | 490/1 | €22,960 | €32,101 | +€9,142 | +39.8% |
| Total equity and liabilities | 10/49 | €633,702 | €649,554 | +€15,851 | +2.5% |
| Equity | 10/15 | €265,195 | €331,138 | +€65,943 | +24.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €245,000 | €310,430 | +€65,430 | +26.7% |
| Non-distributable reserves | 130/1 | €11,000 | €11,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €234,000 | €299,430 | +€65,430 | +28.0% |
| Profit (loss) carried forward | 14 | €195 | €708 | +€513 | +263% |
| Amounts payable | 17/49 | €368,507 | €318,415 | -€50,092 | -13.6% |
| Amounts payable after more than one year | 17 | - | €16,982 | +€16,982 | |
| Financial debts | 170/4 | - | €16,982 | +€16,982 | |
| Amounts payable within one year | 42/48 | €368,507 | €301,434 | -€67,074 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €17,719 | €9,810 | -€7,909 | -44.6% |
| Financial debts | 43 | €35,163 | €62,811 | +€27,647 | +78.6% |
| Credit institutions | 430/8 | €35,163 | €62,811 | +€27,647 | +78.6% |
| Trade debts | 44 | €61,800 | €84,922 | +€23,122 | +37.4% |
| Suppliers | 440/4 | €61,800 | €84,922 | +€23,122 | +37.4% |
| Taxes, remuneration and social security | 45 | €145,736 | €115,321 | -€30,415 | -20.9% |
| Taxes | 450/3 | €77,142 | €59,029 | -€18,113 | -23.5% |
| Remuneration and social security | 454/9 | €68,593 | €56,292 | -€12,302 | -17.9% |
| Other amounts payable | 47/48 | €108,089 | €28,570 | -€79,519 | -73.6% |
| Non-recurring operating income | 76A | €149,859 | €8,762 | -€141,097 | -94.2% |
| Remuneration, social security and pensions | 62 | €480,371 | €491,211 | +€10,840 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,334 | €79,334 | -€1,999 | -2.5% |
| Other operating charges | 640/8 | €6,880 | €5,750 | -€1,131 | -16.4% |
| Gross operating margin | 9900 | €748,469 | €701,260 | -€47,209 | -6.3% |
| Operating profit (loss) | 9901 | €179,884 | €124,965 | -€54,919 | -30.5% |
| Financial income | 75/76B | €7,650 | €7,873 | +€223 | +2.9% |
| Recurring financial income | 75 | €7,650 | €7,873 | +€223 | +2.9% |
| Financial charges | 65/66B | €7,285 | €5,095 | -€2,190 | -30.1% |
| Recurring financial charges | 65 | €7,285 | €5,095 | -€2,190 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €180,249 | €127,743 | -€52,506 | -29.1% |
| Income taxes | 67/77 | €49,421 | €33,230 | -€16,191 | -32.8% |
| Profit (loss) for the period | 9904 | €130,828 | €94,513 | -€36,315 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €130,828 | €94,513 | -€36,315 | -27.8% |
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 28 October 2026 via checked.be.