OPTIMAR: 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.
OPTIMAR
Largest movements
- Tangible fixed assets -€53,552
down €53,552 (-17.6%), from €303,489 to €249,937
- Cash +€50,803
up €50,803 (+43.2%), from €117,583 to €168,386
mainly Net result for the year (+€100,284) and Other debts (+€92,560)
- Receivables within one year -€36,014
down €36,014 (-33.2%), from €108,338 to €72,325
of which Other amounts receivable: -€44,996
- Stocks and contracts +€17,356
up €17,356 (+26.9%), from €64,579 to €81,935
- Other debts +€92,560
up €92,560 (+203.9%), from €45,390 to €137,950
- Reserves -€37,670
down €37,670 (-15.0%), from €250,556 to €212,886
of which Distributable reserves: -€37,670
- Contributions -€37,184
no longer reported in 2025 (was €37,184)
- Debts after one year -€33,803
down €33,803 (-29.9%), from €112,875 to €79,072
- Trade debts -€10,061
down €10,061 (-27.8%), from €36,194 to €26,132
- Gross operating margin +€47,120
up €47,120 (+18.1%), from €260,918 to €308,038
- Taxes +€14,335
up €14,335 (+47.4%), from €30,229 to €44,564
- Depreciation +€5,498
up €5,498 (+10.2%), from €54,032 to €59,530
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.
Cash bridge derived
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 | €605,382 | €582,319 | -€23,063 | -3.8% |
| Fixed assets | 21/28 | €304,798 | €251,246 | -€53,552 | -17.6% |
| Tangible fixed assets | 22/27 | €303,489 | €249,937 | -€53,552 | -17.6% |
| Land and buildings | 22 | €100,538 | €100,365 | -€174 | -0.2% |
| Plant, machinery and equipment | 23 | €73,014 | €55,555 | -€17,460 | -23.9% |
| Furniture and vehicles | 24 | €2,551 | €1,707 | -€843 | -33.1% |
| Leasing and similar rights | 25 | €70,217 | €50,730 | -€19,486 | -27.8% |
| Other tangible fixed assets | 26 | €57,169 | €41,581 | -€15,589 | -27.3% |
| Financial fixed assets | 28 | €1,309 | €1,309 | = | 0.0% |
| Current assets | 29/58 | €300,584 | €331,072 | +€30,489 | +10.1% |
| Stocks and contracts in progress | 3 | €64,579 | €81,935 | +€17,356 | +26.9% |
| Stocks | 30/36 | €64,579 | €81,935 | +€17,356 | +26.9% |
| Amounts receivable within one year | 40/41 | €108,338 | €72,325 | -€36,014 | -33.2% |
| Trade receivables | 40 | €39,464 | €48,446 | +€8,982 | +22.8% |
| Other amounts receivable | 41 | €68,875 | €23,879 | -€44,996 | -65.3% |
| Cash at bank and in hand | 54/58 | €117,583 | €168,386 | +€50,803 | +43.2% |
| Deferred charges and accrued income | 490/1 | €10,083 | €8,426 | -€1,657 | -16.4% |
| Total equity and liabilities | 10/49 | €605,382 | €582,319 | -€23,063 | -3.8% |
| Equity | 10/15 | €287,742 | €212,892 | -€74,850 | -26.0% |
| Contributions | 10/11 | €37,184 | - | -€37,184 | |
| Reserves | 13 | €250,556 | €212,886 | -€37,670 | -15.0% |
| Tax-exempt reserves | 132 | €3,966 | €3,966 | = | 0.0% |
| Distributable reserves | 133 | €246,590 | €208,920 | -€37,670 | -15.3% |
| Profit (loss) carried forward | 14 | €2 | €5 | +€4 | +248.7% |
| Amounts payable | 17/49 | €317,640 | €369,427 | +€51,787 | +16.3% |
| Amounts payable after more than one year | 17 | €112,875 | €79,072 | -€33,803 | -29.9% |
| Financial debts | 170/4 | €112,875 | €79,072 | -€33,803 | -29.9% |
| Amounts payable within one year | 42/48 | €204,765 | €290,354 | +€85,590 | +41.8% |
| Current portion of amounts payable after more than one year | 42 | €33,080 | €33,803 | +€723 | +2.2% |
| Trade debts | 44 | €36,194 | €26,132 | -€10,061 | -27.8% |
| Suppliers | 440/4 | €36,194 | €26,132 | -€10,061 | -27.8% |
| Advances received on contracts in progress | 46 | €50,000 | €42,857 | -€7,143 | -14.3% |
| Taxes, remuneration and social security | 45 | €40,101 | €49,612 | +€9,511 | +23.7% |
| Taxes | 450/3 | €30,375 | €38,635 | +€8,260 | +27.2% |
| Remuneration and social security | 454/9 | €9,725 | €10,977 | +€1,252 | +12.9% |
| Other amounts payable | 47/48 | €45,390 | €137,950 | +€92,560 | +203.9% |
| Non-recurring operating income | 76A | €4,000 | €11,312 | +€7,312 | +182.8% |
| Remuneration, social security and pensions | 62 | €97,666 | €99,080 | +€1,414 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,032 | €59,530 | +€5,498 | +10.2% |
| Other operating charges | 640/8 | €1,801 | €3,463 | +€1,662 | +92.3% |
| Gross operating margin | 9900 | €260,918 | €308,038 | +€47,120 | +18.1% |
| Operating profit (loss) | 9901 | €107,419 | €145,965 | +€38,546 | +35.9% |
| Financial income | 75/76B | €3,119 | €3,057 | -€61 | -2.0% |
| Recurring financial income | 75 | €3,119 | €3,057 | -€61 | -2.0% |
| Financial charges | 65/66B | €5,868 | €4,175 | -€1,694 | -28.9% |
| Recurring financial charges | 65 | €5,868 | €4,175 | -€1,694 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €104,670 | €144,848 | +€40,178 | +38.4% |
| Income taxes | 67/77 | €30,229 | €44,564 | +€14,335 | +47.4% |
| Profit (loss) for the period | 9904 | €74,441 | €100,284 | +€25,843 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,441 | €100,284 | +€25,843 | +34.7% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.