OPTIMAX: 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.
OPTIMAX
Largest movements
- Cash +€38,065
up €38,065 (+35.3%), from €107,869 to €145,934
mainly Other debts (+€45,037) and Net result for the year (+€43,021)
- Current investments +€15,825
up €15,825 (+6.2%), from €253,913 to €269,737
- Stocks and contracts -€6,769
down €6,769 (-7.2%), from €94,032 to €87,262
- Other debts +€45,037
up €45,037 (+111.9%), from €40,261 to €85,299
- Trade debts +€10,171
up €10,171 (+95.7%), from €10,625 to €20,796
- Gross operating margin +€5,463
up €5,463 (+3.0%), from €181,654 to €187,117
- Taxes -€2,740
down €2,740 (-14.1%), from €19,415 to €16,674
- Write-downs +€2,624
up €2,624 (+60.5%), from -€4,337 to -€1,712
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 | €496,521 | €546,449 | +€49,928 | +10.1% |
| Fixed assets | 21/28 | €40,691 | €43,515 | +€2,824 | +6.9% |
| Tangible fixed assets | 22/27 | €40,291 | €43,115 | +€2,824 | +7.0% |
| Plant, machinery and equipment | 23 | €18,752 | €15,911 | -€2,841 | -15.1% |
| Furniture and vehicles | 24 | €19,058 | €25,070 | +€6,013 | +31.6% |
| Other tangible fixed assets | 26 | €2,481 | €2,133 | -€347 | -14.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €455,830 | €502,934 | +€47,103 | +10.3% |
| Stocks and contracts in progress | 3 | €94,032 | €87,262 | -€6,769 | -7.2% |
| Stocks | 30/36 | €94,032 | €87,262 | -€6,769 | -7.2% |
| Amounts receivable within one year | 40/41 | €17 | - | -€17 | |
| Other amounts receivable | 41 | €17 | - | -€17 | |
| Current investments | 50/53 | €253,913 | €269,737 | +€15,825 | +6.2% |
| Cash at bank and in hand | 54/58 | €107,869 | €145,934 | +€38,065 | +35.3% |
| Total equity and liabilities | 10/49 | €496,521 | €546,449 | +€49,928 | +10.1% |
| Equity | 10/15 | €409,027 | €405,893 | -€3,134 | -0.8% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €191,856 | €188,722 | -€3,134 | -1.6% |
| Tax-exempt reserves | 132 | €5,532 | €5,532 | = | 0.0% |
| Distributable reserves | 133 | €186,325 | €183,190 | -€3,134 | -1.7% |
| Profit (loss) carried forward | 14 | €210,963 | €210,963 | = | 0.0% |
| Amounts payable | 17/49 | €87,494 | €140,556 | +€53,062 | +60.6% |
| Amounts payable within one year | 42/48 | €87,494 | €140,556 | +€53,062 | +60.6% |
| Trade debts | 44 | €10,625 | €20,796 | +€10,171 | +95.7% |
| Suppliers | 440/4 | €10,625 | €20,796 | +€10,171 | +95.7% |
| Taxes, remuneration and social security | 45 | €36,608 | €34,461 | -€2,147 | -5.9% |
| Taxes | 450/3 | €22,539 | €19,921 | -€2,618 | -11.6% |
| Remuneration and social security | 454/9 | €14,069 | €14,541 | +€471 | +3.4% |
| Other amounts payable | 47/48 | €40,261 | €85,299 | +€45,037 | +111.9% |
| Remuneration, social security and pensions | 62 | €110,488 | €111,703 | +€1,215 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,224 | €17,166 | +€942 | +5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,337 | -€1,712 | +€2,624 | +60.5% |
| Other operating charges | 640/8 | €971 | €908 | -€63 | -6.5% |
| Gross operating margin | 9900 | €181,654 | €187,117 | +€5,463 | +3.0% |
| Operating profit (loss) | 9901 | €58,308 | €59,053 | +€745 | +1.3% |
| Financial income | 75/76B | €1,385 | €1,360 | -€26 | -1.9% |
| Recurring financial income | 75 | €1,385 | €1,360 | -€26 | -1.9% |
| Financial charges | 65/66B | €1,937 | €718 | -€1,220 | -63.0% |
| Recurring financial charges | 65 | €1,937 | €718 | -€1,220 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | €57,757 | €59,695 | +€1,939 | +3.4% |
| Income taxes | 67/77 | €19,415 | €16,674 | -€2,740 | -14.1% |
| Profit (loss) for the period | 9904 | €38,342 | €43,021 | +€4,679 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,342 | €43,021 | +€4,679 | +12.2% |
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 10 October 2026 via checked.be.