OPTIMA HORIZONS: 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.
OPTIMA HORIZONS
Largest movements
- Receivables after one year +€12,100
new in 2025: €12,100
- Stocks and contracts +€6,993
up €6,993 (+2,797%), from €250 to €7,243
of which Contracts in progress: +€7,243
- Tangible fixed assets -€6,193
no longer reported in 2025 (was €6,193)
of which Plant, machinery and equipment: -€5,242
- Intangible fixed assets +€5,757
new in 2025: €5,757
- Cash -€4,805
down €4,805 (-63.3%), from €7,585 to €2,780
mainly Receivables after one year (-€12,100) and Current portion of long-term debt (-€7,500)
- Profit (loss) carried forward +€18,936
up €18,936, from -€150 to €18,786
- Current portion of long-term debt -€7,500
no longer reported in 2025 (was €7,500)
- Contributions -€6,041
down €6,041 (-66.8%), from €9,041 to €3,000
- Tax, wage and social debts +€2,188
up €2,188 (+115%), from €1,899 to €4,087
- Trade debts +€2,007
new in 2025: €2,007
- Purchases and services -€18,959
down €18,959 (-27.1%), from €69,859 to €50,900
- Gross operating margin +€18,936
up €18,936, from -€150 to €18,786
- Turnover -€799
down €799 (-1.1%), from €69,708 to €68,909
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 | €18,290 | €27,880 | +€9,590 | +52.4% |
| Fixed assets | 21/28 | €6,193 | €5,757 | -€436 | -7.0% |
| Intangible fixed assets | 21 | - | €5,757 | +€5,757 | |
| Tangible fixed assets | 22/27 | €6,193 | - | -€6,193 | |
| Plant, machinery and equipment | 23 | €5,242 | - | -€5,242 | |
| Furniture and vehicles | 24 | €951 | - | -€951 | |
| Current assets | 29/58 | €12,097 | €22,123 | +€10,026 | +82.9% |
| Amounts receivable after more than one year | 29 | - | €12,100 | +€12,100 | |
| Trade receivables | 290 | - | €12,100 | +€12,100 | |
| Stocks and contracts in progress | 3 | €250 | €7,243 | +€6,993 | +2,797% |
| Stocks | 30/36 | €250 | - | -€250 | |
| Contracts in progress | 37 | - | €7,243 | +€7,243 | |
| Amounts receivable within one year | 40/41 | €4,262 | - | -€4,262 | |
| Trade receivables | 40 | €4,062 | - | -€4,062 | |
| Other amounts receivable | 41 | €200 | - | -€200 | |
| Cash at bank and in hand | 54/58 | €7,585 | €2,780 | -€4,805 | -63.3% |
| Total equity and liabilities | 10/49 | €18,290 | €27,880 | +€9,590 | +52.4% |
| Equity | 10/15 | €8,891 | €21,786 | +€12,895 | +145% |
| Contributions | 10/11 | €9,041 | €3,000 | -€6,041 | -66.8% |
| Capital | 10 | €9,041 | €3,000 | -€6,041 | -66.8% |
| Issued capital | 100 | €9,041 | €3,000 | -€6,041 | -66.8% |
| Profit (loss) carried forward | 14 | -€150 | €18,786 | +€18,936 | |
| Amounts payable | 17/49 | €9,399 | €6,094 | -€3,305 | -35.2% |
| Amounts payable within one year | 42/48 | €9,399 | €6,094 | -€3,305 | -35.2% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | - | -€7,500 | |
| Trade debts | 44 | - | €2,007 | +€2,007 | |
| Suppliers | 440/4 | - | €2,007 | +€2,007 | |
| Taxes, remuneration and social security | 45 | €1,899 | €4,087 | +€2,188 | +115% |
| Taxes | 450/3 | €1,899 | €4,087 | +€2,188 | +115% |
| Turnover | 70 | €69,708 | €68,909 | -€799 | -1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €69,859 | €50,900 | -€18,959 | -27.1% |
| Gross operating margin | 9900 | -€150 | €18,786 | +€18,936 | |
| Operating profit (loss) | 9901 | -€150 | €18,786 | +€18,936 | |
| Profit (loss) for the period before taxes | 9903 | -€150 | €18,786 | +€18,936 | |
| Profit (loss) for the period | 9904 | -€150 | €18,786 | +€18,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€150 | €18,786 | +€18,936 |
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 26 October 2026 via checked.be.