OPTIEK VANOVERSCHELDE: 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 VANOVERSCHELDE
Largest movements
- Tangible fixed assets -€21,868
down €21,868 (-14.9%), from €146,410 to €124,542
- Cash +€15,811
up €15,811 (+13.8%), from €114,893 to €130,704
mainly Net result for the year (+€35,416) and Depreciation (+€27,913)
- Reserves +€146,786
up €146,786 (+70.0%), from €209,696 to €356,483
of which Distributable reserves: +€146,786
- Profit (loss) carried forward -€126,871
no longer reported in 2025 (was €126,871)
- Debts after one year -€13,883
down €13,883 (-55.0%), from €25,237 to €11,353
- Trade debts -€11,556
down €11,556 (-43.3%), from €26,693 to €15,136
- Current portion of long-term debt -€6,259
down €6,259 (-27.2%), from €23,049 to €16,790
- Gross operating margin +€8,062
up €8,062 (+5.8%), from €138,380 to €146,442
- Staff costs +€6,503
up €6,503 (+12.7%), from €51,239 to €57,742
- Taxes +€5,265
up €5,265 (+31.6%), from €16,649 to €21,914
- Depreciation +€3,156
up €3,156 (+12.7%), from €24,757 to €27,913
- Other operating charges +€1,548
up €1,548 (+47.4%), from €3,266 to €4,814
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 | €473,251 | €466,731 | -€6,519 | -1.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €148,270 | €126,402 | -€21,868 | -14.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €146,410 | €124,542 | -€21,868 | -14.9% |
| Land and buildings | 22 | €78,769 | €70,157 | -€8,613 | -10.9% |
| Plant, machinery and equipment | 23 | €19,779 | €13,755 | -€6,024 | -30.5% |
| Furniture and vehicles | 24 | €47,862 | €40,631 | -€7,231 | -15.1% |
| Financial fixed assets | 28 | €1,860 | €1,860 | = | 0.0% |
| Current assets | 29/58 | €324,980 | €340,329 | +€15,349 | +4.7% |
| Stocks and contracts in progress | 3 | €55,056 | €54,805 | -€251 | -0.5% |
| Stocks | 30/36 | €55,056 | €54,805 | -€251 | -0.5% |
| Amounts receivable within one year | 40/41 | €4,861 | €1,589 | -€3,273 | -67.3% |
| Trade receivables | 40 | €2,615 | €1,589 | -€1,026 | -39.2% |
| Other amounts receivable | 41 | €2,247 | - | -€2,247 | |
| Current investments | 50/53 | €150,000 | €151,849 | +€1,849 | +1.2% |
| Cash at bank and in hand | 54/58 | €114,893 | €130,704 | +€15,811 | +13.8% |
| Deferred charges and accrued income | 490/1 | €170 | €1,383 | +€1,212 | +712% |
| Total equity and liabilities | 10/49 | €473,251 | €466,731 | -€6,519 | -1.4% |
| Equity | 10/15 | €370,653 | €390,568 | +€19,915 | +5.4% |
| Contributions | 10/11 | €34,085 | €34,085 | = | 0.0% |
| Reserves | 13 | €209,696 | €356,483 | +€146,786 | +70.0% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €196,696 | €343,483 | +€146,786 | +74.6% |
| Profit (loss) carried forward | 14 | €126,871 | - | -€126,871 | |
| Amounts payable | 17/49 | €102,597 | €76,164 | -€26,434 | -25.8% |
| Amounts payable after more than one year | 17 | €25,237 | €11,353 | -€13,883 | -55.0% |
| Financial debts | 170/4 | €25,237 | €11,353 | -€13,883 | -55.0% |
| Amounts payable within one year | 42/48 | €77,361 | €64,810 | -€12,550 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €23,049 | €16,790 | -€6,259 | -27.2% |
| Trade debts | 44 | €26,693 | €15,136 | -€11,556 | -43.3% |
| Suppliers | 440/4 | €26,693 | €15,136 | -€11,556 | -43.3% |
| Taxes, remuneration and social security | 45 | €27,618 | €30,724 | +€3,105 | +11.2% |
| Taxes | 450/3 | €19,655 | €22,096 | +€2,441 | +12.4% |
| Remuneration and social security | 454/9 | €7,963 | €8,628 | +€665 | +8.3% |
| Other amounts payable | 47/48 | - | €2,160 | +€2,160 | |
| Remuneration, social security and pensions | 62 | €51,239 | €57,742 | +€6,503 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,757 | €27,913 | +€3,156 | +12.7% |
| Other operating charges | 640/8 | €3,266 | €4,814 | +€1,548 | +47.4% |
| Gross operating margin | 9900 | €138,380 | €146,442 | +€8,062 | +5.8% |
| Operating profit (loss) | 9901 | €59,118 | €55,973 | -€3,146 | -5.3% |
| Financial income | 75/76B | €3,496 | €4,828 | +€1,332 | +38.1% |
| Recurring financial income | 75 | €3,496 | €4,828 | +€1,332 | +38.1% |
| Financial charges | 65/66B | €3,280 | €3,471 | +€191 | +5.8% |
| Recurring financial charges | 65 | €3,280 | €3,471 | +€191 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €59,335 | €57,330 | -€2,005 | -3.4% |
| Income taxes | 67/77 | €16,649 | €21,914 | +€5,265 | +31.6% |
| Profit (loss) for the period | 9904 | €42,686 | €35,416 | -€7,271 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,686 | €35,416 | -€7,271 | -17.0% |
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 16 October 2026 via checked.be.