OPTIMAL DESIGN: 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.
OPTIMAL DESIGN
Largest movements
- Receivables within one year -€1,290
down €1,290 (-11.0%), from €11,710 to €10,420
of which Other amounts receivable: -€1,290
- Cash -€1,000
down €1,000 (-88.0%), from €1,136 to €137
- Deferred charges and accrued income -€674
no longer reported in 2025 (was €674)
- Profit (loss) carried forward -€15,532
down €15,532 (-14.1%), from -€110,098 to -€125,630
- Other debts +€11,346
up €11,346 (+19.6%), from €57,919 to €69,265
- Short-term financial debts +€1,075
up €1,075 (+12.2%), from €8,802 to €9,878
- Gross operating margin +€14,680
up €14,680 (+70.5%), from -€20,822 to -€6,142
- Other operating charges -€307
down €307 (-30.4%), from €1,010 to €703
- Financial charges -€264
down €264 (-17.5%), from €1,510 to €1,246
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,520 | €10,557 | -€2,963 | -21.9% |
| Current assets | 29/58 | €13,520 | €10,557 | -€2,963 | -21.9% |
| Amounts receivable within one year | 40/41 | €11,710 | €10,420 | -€1,290 | -11.0% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,710 | €420 | -€1,290 | -75.4% |
| Cash at bank and in hand | 54/58 | €1,136 | €137 | -€1,000 | -88.0% |
| Deferred charges and accrued income | 490/1 | €674 | - | -€674 | |
| Total equity and liabilities | 10/49 | €13,520 | €10,557 | -€2,963 | -21.9% |
| Equity | 10/15 | -€54,901 | -€70,433 | -€15,532 | -28.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €27,509 | €27,509 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,759 | €8,759 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Other | 1319 | €6,900 | €6,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,098 | -€125,630 | -€15,532 | -14.1% |
| Investment grants | 15 | €9,097 | €9,097 | = | 0.0% |
| Amounts payable | 17/49 | €68,421 | €80,989 | +€12,569 | +18.4% |
| Amounts payable within one year | 42/48 | €68,421 | €80,989 | +€12,569 | +18.4% |
| Financial debts | 43 | €8,802 | €9,878 | +€1,075 | +12.2% |
| Credit institutions | 430/8 | €8,802 | €9,878 | +€1,075 | +12.2% |
| Trade debts | 44 | €1,557 | €1,613 | +€56 | +3.6% |
| Suppliers | 440/4 | €1,557 | €1,613 | +€56 | +3.6% |
| Taxes, remuneration and social security | 45 | €142 | €233 | +€92 | +65.0% |
| Taxes | 450/3 | €142 | €233 | +€92 | +65.0% |
| Other amounts payable | 47/48 | €57,919 | €69,265 | +€11,346 | +19.6% |
| Other operating charges | 640/8 | €1,010 | €703 | -€307 | -30.4% |
| Gross operating margin | 9900 | -€20,822 | -€6,142 | +€14,680 | +70.5% |
| Operating profit (loss) | 9901 | -€21,831 | -€6,845 | +€14,987 | +68.6% |
| Financial income | 75/76B | €0 | €3 | +€3 | +29,900% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +29,900% |
| Financial charges | 65/66B | €1,510 | €1,246 | -€264 | -17.5% |
| Recurring financial charges | 65 | €1,510 | €1,246 | -€264 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,341 | -€8,088 | +€15,254 | +65.4% |
| Income taxes | 67/77 | - | €189 | +€189 | |
| Profit (loss) for the period | 9904 | -€23,341 | -€8,277 | +€15,064 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,341 | -€8,277 | +€15,064 | +64.5% |
Source: filed annual accounts (NBB), financial years ended 30 December 2023 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.