OPTIMADE: 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.
OPTIMADE
Largest movements
- Receivables within one year +€869,492
up €869,492 (+83.8%), from €1.0m to €1.9m
of which Trade receivables: +€814,402
- Tangible fixed assets +€37,519
up €37,519 (+57.4%), from €65,407 to €102,927
- Profit (loss) carried forward +€714,347
up €714,347 (+70.2%), from €1.0m to €1.7m
- Trade debts +€270,863
up €270,863 (+54.8%), from €494,428 to €765,291
- Current portion of long-term debt -€96,631
down €96,631 (-36.6%), from €263,898 to €167,267
- Tax, wage and social debts -€67,594
down €67,594 (-99.9%), from €67,689 to €95
- Accrued charges and deferred income +€58,241
up €58,241 (+263.1%), from €22,138 to €80,379
- Gross operating margin +€178,519
up €178,519 (+17.0%), from €1.1m to €1.2m
- Taxes +€38,918
up €38,918 (+14.6%), from €266,277 to €305,195
- Depreciation +€17,919
up €17,919 (+120.0%), from €14,929 to €32,848
- Financial income +€15,397
up €15,397 (+1865.9%), from €825 to €16,222
- Financial charges +€14,454
up €14,454 (+145.0%), from €9,970 to €24,425
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 | €2,080,264 | €2,952,052 | +€871,788 | +41.9% |
| Fixed assets | 21/28 | €72,346 | €105,393 | +€33,047 | +45.7% |
| Tangible fixed assets | 22/27 | €65,407 | €102,927 | +€37,519 | +57.4% |
| Plant, machinery and equipment | 23 | €40,926 | €58,847 | +€17,921 | +43.8% |
| Furniture and vehicles | 24 | €24,481 | €40,430 | +€15,949 | +65.1% |
| Other tangible fixed assets | 26 | €0 | €3,650 | +€3,650 | +36498900.0% |
| Financial fixed assets | 28 | €6,938 | €2,466 | -€4,472 | -64.5% |
| Current assets | 29/58 | €2,007,918 | €2,846,659 | +€838,741 | +41.8% |
| Amounts receivable after more than one year | 29 | €5,000 | - | -€5,000 | |
| Trade receivables | 290 | €5,000 | - | -€5,000 | |
| Stocks and contracts in progress | 3 | €12,579 | €1,028 | -€11,551 | -91.8% |
| Stocks | 30/36 | €12,579 | €1,028 | -€11,551 | -91.8% |
| Amounts receivable within one year | 40/41 | €1,038,193 | €1,907,685 | +€869,492 | +83.8% |
| Trade receivables | 40 | €750,643 | €1,565,045 | +€814,402 | +108.5% |
| Other amounts receivable | 41 | €287,550 | €342,640 | +€55,090 | +19.2% |
| Cash at bank and in hand | 54/58 | €929,316 | €905,561 | -€23,755 | -2.6% |
| Deferred charges and accrued income | 490/1 | €22,830 | €32,384 | +€9,554 | +41.8% |
| Total equity and liabilities | 10/49 | €2,080,264 | €2,952,052 | +€871,788 | +41.9% |
| Equity | 10/15 | €1,130,854 | €1,845,201 | +€714,347 | +63.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €51,844 | €51,844 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,168 | €4,168 | = | 0.0% |
| Legal reserve | 130 | €4,168 | €4,168 | = | 0.0% |
| Distributable reserves | 133 | €47,675 | €47,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,017,511 | €1,731,858 | +€714,347 | +70.2% |
| Amounts payable | 17/49 | €949,410 | €1,106,851 | +€157,441 | +16.6% |
| Amounts payable after more than one year | 17 | €91,175 | €93,086 | +€1,911 | +2.1% |
| Other amounts payable | 178/9 | €91,175 | €93,086 | +€1,911 | +2.1% |
| Amounts payable within one year | 42/48 | €836,097 | €933,386 | +€97,288 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €263,898 | €167,267 | -€96,631 | -36.6% |
| Trade debts | 44 | €494,428 | €765,291 | +€270,863 | +54.8% |
| Suppliers | 440/4 | €494,428 | €765,291 | +€270,863 | +54.8% |
| Taxes, remuneration and social security | 45 | €67,689 | €95 | -€67,594 | -99.9% |
| Taxes | 450/3 | €67,689 | €95 | -€67,594 | -99.9% |
| Other amounts payable | 47/48 | €10,083 | €732 | -€9,351 | -92.7% |
| Accrued charges and deferred income | 492/3 | €22,138 | €80,379 | +€58,241 | +263.1% |
| Non-recurring operating income | 76A | - | €9,351 | +€9,351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,929 | €32,848 | +€17,919 | +120.0% |
| Other operating charges | 640/8 | €9,911 | €9,662 | -€249 | -2.5% |
| Gross operating margin | 9900 | €1,051,735 | €1,230,254 | +€178,519 | +17.0% |
| Operating profit (loss) | 9901 | €1,026,896 | €1,187,745 | +€160,849 | +15.7% |
| Financial income | 75/76B | €825 | €16,222 | +€15,397 | +1865.9% |
| Recurring financial income | 75 | €825 | €16,222 | +€15,397 | +1865.9% |
| Financial charges | 65/66B | €9,970 | €24,425 | +€14,454 | +145.0% |
| Recurring financial charges | 65 | €9,970 | €24,425 | +€14,454 | +145.0% |
| Profit (loss) for the period before taxes | 9903 | €1,017,751 | €1,179,542 | +€161,791 | +15.9% |
| Income taxes | 67/77 | €266,277 | €305,195 | +€38,918 | +14.6% |
| Profit (loss) for the period | 9904 | €751,474 | €874,347 | +€122,873 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €751,474 | €874,347 | +€122,873 | +16.4% |
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 30 September 2026 via checked.be.