OPTIFAR: 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.
OPTIFAR
Largest movements
- Receivables within one year +€165,703
up €165,703 (+17.6%), from €943,874 to €1.1m
of which Other amounts receivable: +€177,003
- Tangible fixed assets +€22,434
up €22,434 (+60.6%), from €37,021 to €59,455
of which Plant, machinery and equipment: +€23,029
- Reserves +€113,520
up €113,520 (+13.9%), from €816,931 to €930,451
of which Distributable reserves: +€113,520
- Trade debts +€40,150
up €40,150 (+44.6%), from €89,963 to €130,112
- Short-term financial debts +€37,500
new in 2024: €37,500
- Other debts +€33,775
up €33,775 (+9.8%), from €343,480 to €377,255
- Staff costs +€29,866
up €29,866 (+14.3%), from €209,079 to €238,944
- Gross operating margin +€13,074
up €13,074 (+3.3%), from €401,110 to €414,183
- Taxes -€5,816
down €5,816 (-12.6%), from €46,251 to €40,435
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,320,183 | €1,540,810 | +€220,627 | +16.7% |
| Fixed assets | 21/28 | €42,186 | €64,620 | +€22,434 | +53.2% |
| Tangible fixed assets | 22/27 | €37,021 | €59,455 | +€22,434 | +60.6% |
| Plant, machinery and equipment | 23 | €33,885 | €56,914 | +€23,029 | +68.0% |
| Furniture and vehicles | 24 | €1,987 | €1,392 | -€595 | -29.9% |
| Other tangible fixed assets | 26 | €1,150 | €1,150 | = | 0.0% |
| Financial fixed assets | 28 | €5,164 | €5,164 | = | 0.0% |
| Current assets | 29/58 | €1,277,997 | €1,476,190 | +€198,193 | +15.5% |
| Stocks and contracts in progress | 3 | €314,182 | €328,910 | +€14,728 | +4.7% |
| Stocks | 30/36 | €314,182 | €328,910 | +€14,728 | +4.7% |
| Amounts receivable within one year | 40/41 | €943,874 | €1,109,578 | +€165,703 | +17.6% |
| Trade receivables | 40 | €215,567 | €204,267 | -€11,300 | -5.2% |
| Other amounts receivable | 41 | €728,308 | €905,311 | +€177,003 | +24.3% |
| Cash at bank and in hand | 54/58 | €11,625 | €17,757 | +€6,132 | +52.7% |
| Deferred charges and accrued income | 490/1 | €8,316 | €19,946 | +€11,630 | +139.9% |
| Total equity and liabilities | 10/49 | €1,320,183 | €1,540,810 | +€220,627 | +16.7% |
| Equity | 10/15 | €849,428 | €962,948 | +€113,520 | +13.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €816,931 | €930,451 | +€113,520 | +13.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €814,931 | €928,451 | +€113,520 | +13.9% |
| Profit (loss) carried forward | 14 | €12,497 | €12,497 | = | 0.0% |
| Amounts payable | 17/49 | €470,755 | €577,862 | +€107,107 | +22.8% |
| Amounts payable within one year | 42/48 | €467,955 | €573,972 | +€106,018 | +22.7% |
| Financial debts | 43 | - | €37,500 | +€37,500 | |
| Credit institutions | 430/8 | - | €37,500 | +€37,500 | |
| Trade debts | 44 | €89,963 | €130,112 | +€40,150 | +44.6% |
| Suppliers | 440/4 | €89,963 | €130,112 | +€40,150 | +44.6% |
| Taxes, remuneration and social security | 45 | €34,512 | €29,105 | -€5,407 | -15.7% |
| Taxes | 450/3 | €1,254 | €1,973 | +€720 | +57.4% |
| Remuneration and social security | 454/9 | €33,259 | €27,132 | -€6,127 | -18.4% |
| Other amounts payable | 47/48 | €343,480 | €377,255 | +€33,775 | +9.8% |
| Accrued charges and deferred income | 492/3 | €2,800 | €3,889 | +€1,089 | +38.9% |
| Non-recurring operating income | 76A | €1,723 | €1,344 | -€380 | -22.0% |
| Remuneration, social security and pensions | 62 | €209,079 | €238,944 | +€29,866 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,324 | €18,016 | +€2,691 | +17.6% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | €401,110 | €414,183 | +€13,074 | +3.3% |
| Operating profit (loss) | 9901 | €175,747 | €156,256 | -€19,491 | -11.1% |
| Financial income | 75/76B | €4,550 | €2,758 | -€1,792 | -39.4% |
| Recurring financial income | 75 | €4,550 | €2,758 | -€1,792 | -39.4% |
| Financial charges | 65/66B | €4,115 | €5,059 | +€944 | +22.9% |
| Recurring financial charges | 65 | €4,115 | €5,059 | +€944 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €176,182 | €153,955 | -€22,226 | -12.6% |
| Income taxes | 67/77 | €46,251 | €40,435 | -€5,816 | -12.6% |
| Profit (loss) for the period | 9904 | €129,931 | €113,520 | -€16,411 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €129,931 | €113,520 | -€16,411 | -12.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.