OPTIFA: what changed
Two fiscal 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.
OPTIFA
Largest movements
- Receivables within one year +€80,499
up €80,499, from €0 to €80,499
of which Other amounts receivable: +€80,499
- Current investments -€70,000
down €70,000 (-100.0%), from €70,000 to €0
- Cash +€56,662
up €56,662 (+173.1%), from €32,742 to €89,404
mainly Net result for the year (+€72,835) and Current investments (+€70,000)
- Tangible fixed assets -€12,906
down €12,906 (-14.1%), from €91,627 to €78,721
of which Furniture and vehicles: -€12,123
- Reserves +€72,835
up €72,835 (+86.0%), from €84,693 to €157,527
of which Distributable reserves: +€74,335
- Current portion of long-term debt -€7,052
down €7,052 (-74.2%), from €9,500 to €2,448
- Other debts -€5,769
down €5,769 (-100.0%), from €5,769 to €0
- Trade debts -€3,182
down €3,182 (-57.9%), from €5,498 to €2,316
- Gross operating margin +€30,379
up €30,379 (+28.6%), from €106,103 to €136,481
- Taxes +€11,002
up €11,002 (+38.8%), from €28,355 to €39,357
- Financial income +€2,460
up €2,460 (+712.2%), from €345 to €2,805
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.
Cash bridge derived
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 | €195,517 | €249,489 | +€53,971 | +27.6% |
| Fixed assets | 21/28 | €91,627 | €78,721 | -€12,906 | -14.1% |
| Tangible fixed assets | 22/27 | €91,627 | €78,721 | -€12,906 | -14.1% |
| Land and buildings | 22 | €18,081 | €18,081 | = | 0.0% |
| Plant, machinery and equipment | 23 | €39,565 | €38,782 | -€783 | -2.0% |
| Furniture and vehicles | 24 | €33,981 | €21,859 | -€12,123 | -35.7% |
| Current assets | 29/58 | €103,890 | €170,767 | +€66,877 | +64.4% |
| Amounts receivable within one year | 40/41 | €0 | €80,499 | +€80,499 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €80,499 | +€80,499 | |
| Current investments | 50/53 | €70,000 | €0 | -€70,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €32,742 | €89,404 | +€56,662 | +173.1% |
| Deferred charges and accrued income | 490/1 | €1,147 | €864 | -€283 | -24.7% |
| Total equity and liabilities | 10/49 | €195,517 | €249,489 | +€53,971 | +27.6% |
| Equity | 10/15 | €154,957 | €227,792 | +€72,835 | +47.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €84,693 | €157,527 | +€72,835 | +86.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Distributable reserves | 133 | €81,693 | €156,027 | +€74,335 | +91.0% |
| Profit (loss) carried forward | 14 | €51,265 | €51,265 | = | 0.0% |
| Provisions and deferred taxes | 16 | €750 | €375 | -€375 | -50.0% |
| Deferred taxes | 168 | €750 | €375 | -€375 | -50.0% |
| Amounts payable | 17/49 | €39,810 | €21,321 | -€18,488 | -46.4% |
| Amounts payable after more than one year | 17 | €2,448 | €0 | -€2,448 | -100.0% |
| Financial debts | 170/4 | €2,448 | €0 | -€2,448 | -100.0% |
| Amounts payable within one year | 42/48 | €36,871 | €20,922 | -€15,949 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | €9,500 | €2,448 | -€7,052 | -74.2% |
| Trade debts | 44 | €5,498 | €2,316 | -€3,182 | -57.9% |
| Suppliers | 440/4 | €5,498 | €2,316 | -€3,182 | -57.9% |
| Taxes, remuneration and social security | 45 | €16,104 | €16,158 | +€55 | +0.3% |
| Taxes | 450/3 | €16,104 | €16,158 | +€55 | +0.3% |
| Other amounts payable | 47/48 | €5,769 | €0 | -€5,769 | -100.0% |
| Accrued charges and deferred income | 492/3 | €491 | €400 | -€91 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,812 | €23,532 | -€280 | -1.2% |
| Other operating charges | 640/8 | €3,357 | €3,402 | +€45 | +1.3% |
| Gross operating margin | 9900 | €106,103 | €136,481 | +€30,379 | +28.6% |
| Operating profit (loss) | 9901 | €78,934 | €109,547 | +€30,614 | +38.8% |
| Financial income | 75/76B | €345 | €2,805 | +€2,460 | +712.2% |
| Recurring financial income | 75 | €345 | €2,805 | +€2,460 | +712.2% |
| Financial charges | 65/66B | €1,539 | €535 | -€1,003 | -65.2% |
| Recurring financial charges | 65 | €1,539 | €535 | -€1,003 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €77,741 | €111,817 | +€34,076 | +43.8% |
| Transfer from deferred taxes | 780 | €375 | €375 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €28,355 | €39,357 | +€11,002 | +38.8% |
| Profit (loss) for the period | 9904 | €49,761 | €72,835 | +€23,074 | +46.4% |
| Transfer from tax-exempt reserves | 789 | €1,500 | €1,500 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €51,261 | €74,335 | +€23,074 | +45.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.