OPTIMAL RECOVER: 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 RECOVER
Largest movements
- Cash +€35,038
up €35,038 (+15.0%), from €233,650 to €268,687
mainly Other debts (+€16,278) and Net result for the year (+€14,362)
- Receivables within one year -€5,950
down €5,950 (-14.2%), from €41,815 to €35,865
of which Other amounts receivable: -€7,916
- Other debts +€16,278
up €16,278 (+13.5%), from €120,325 to €136,603
- Reserves +€14,362
up €14,362 (+12.3%), from €116,350 to €130,712
- Trade debts -€3,294
down €3,294 (-33.3%), from €9,876 to €6,583
- Gross operating margin -€33,030
down €33,030 (-15.4%), from €214,626 to €181,596
- Staff costs +€14,804
up €14,804 (+10.9%), from €135,885 to €150,688
- Taxes -€2,948
down €2,948 (-19.0%), from €15,510 to €12,562
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 | €291,120 | €318,238 | +€27,118 | +9.3% |
| Fixed assets | 21/28 | €9,692 | €10,323 | +€630 | +6.5% |
| Tangible fixed assets | 22/27 | €8,742 | €9,373 | +€630 | +7.2% |
| Plant, machinery and equipment | 23 | €7,723 | €5,626 | -€2,097 | -27.1% |
| Furniture and vehicles | 24 | €771 | €3,622 | +€2,851 | +370% |
| Other tangible fixed assets | 26 | €248 | €124 | -€124 | -50.0% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €281,428 | €307,915 | +€26,488 | +9.4% |
| Amounts receivable within one year | 40/41 | €41,815 | €35,865 | -€5,950 | -14.2% |
| Trade receivables | 40 | €12,720 | €14,686 | +€1,966 | +15.5% |
| Other amounts receivable | 41 | €29,095 | €21,179 | -€7,916 | -27.2% |
| Cash at bank and in hand | 54/58 | €233,650 | €268,687 | +€35,038 | +15.0% |
| Deferred charges and accrued income | 490/1 | €5,963 | €3,363 | -€2,600 | -43.6% |
| Total equity and liabilities | 10/49 | €291,120 | €318,238 | +€27,118 | +9.3% |
| Equity | 10/15 | €135,291 | €149,653 | +€14,362 | +10.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €116,350 | €130,712 | +€14,362 | +12.3% |
| Distributable reserves | 133 | €116,350 | €130,712 | +€14,362 | +12.3% |
| Profit (loss) carried forward | 14 | €349 | €349 | = | 0.0% |
| Amounts payable | 17/49 | €155,829 | €168,584 | +€12,756 | +8.2% |
| Amounts payable within one year | 42/48 | €155,829 | €168,584 | +€12,756 | +8.2% |
| Trade debts | 44 | €9,876 | €6,583 | -€3,294 | -33.3% |
| Suppliers | 440/4 | €9,876 | €6,583 | -€3,294 | -33.3% |
| Taxes, remuneration and social security | 45 | €25,627 | €25,398 | -€229 | -0.9% |
| Taxes | 450/3 | €640 | €5,883 | +€5,243 | +819% |
| Remuneration and social security | 454/9 | €24,987 | €19,515 | -€5,471 | -21.9% |
| Other amounts payable | 47/48 | €120,325 | €136,603 | +€16,278 | +13.5% |
| Remuneration, social security and pensions | 62 | €135,885 | €150,688 | +€14,804 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,913 | €2,811 | -€102 | -3.5% |
| Other operating charges | 640/8 | €1,875 | €1,953 | +€78 | +4.2% |
| Gross operating margin | 9900 | €214,626 | €181,596 | -€33,030 | -15.4% |
| Operating profit (loss) | 9901 | €73,954 | €26,144 | -€47,809 | -64.6% |
| Financial income | 75/76B | €211 | €987 | +€777 | +369% |
| Recurring financial income | 75 | €211 | €987 | +€777 | +369% |
| Financial charges | 65/66B | €164 | €208 | +€44 | +26.8% |
| Recurring financial charges | 65 | €164 | €125 | -€39 | -23.8% |
| Non-recurring financial charges | 66B | - | €83 | +€83 | |
| Profit (loss) for the period before taxes | 9903 | €74,000 | €26,924 | -€47,076 | -63.6% |
| Income taxes | 67/77 | €15,510 | €12,562 | -€2,948 | -19.0% |
| Profit (loss) for the period | 9904 | €58,490 | €14,362 | -€44,128 | -75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,490 | €14,362 | -€44,128 | -75.4% |
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 24 October 2026 via checked.be.