OPTIMCO: 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.
What changed
OPTIMCO
NACE 65.121, Insurance, reinsurance and pension funding, except compulsory social security
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.6m
2024 · -€7.6m+€10.2m
Equity
€3.1m
2024 · €423,229+€2.6m
Cash
€1.4m
2024 · €1.0m+€315,054
Balance sheet total
€4.5m
2024 · €23.8m-€19.4m
Largest movements
Assets
- Current investments -€20.1m
down €20.1m (-92.3%), from €21.8m to €1.7m
- Cash +€315,054
up €315,054 (+30.1%), from €1.0m to €1.4m
mainly Current investments (+€20.1m) and Net result for the year (+€2.6m)
- Intangible fixed assets +€247,100
up €247,100 (+138.6%), from €178,257 to €425,357
Equity and liabilities
- Other debts -€20.3m
no longer reported in 2025 (was €20.3m)
- Profit (loss) carried forward +€2.6m
up €2.6m, from -€2.0m to €669,569
- Accrued charges and deferred income -€2.3m
down €2.3m (-92.1%), from €2.5m to €198,458
- Trade debts +€606,647
up €606,647 (+9976.5%), from €6,081 to €612,728
Income statement
- Turnover +€10.7m
up €10.7m (+2535.2%), from €423,767 to €11.2m
- Staff costs +€4.8m
up €4.8m (+334.8%), from €1.4m to €6.2m
- Services and other goods +€1.9m
up €1.9m (+280.4%), from €675,211 to €2.6m
- Other operating income +€690,035
up €690,035 (+536.2%), from €128,696 to €818,731
- Goods and materials +€173,448
up €173,448 (+58.4%), from €296,900 to €470,348
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.
Result 2024
-€7.6m
Turnover
+€10.7m
Other operating income
+€690,035
Goods and materials
-€173,448
Services and other goods
-€1.9m
Staff costs
-€4.8m
Depreciation
-€157,162
Other operating charges
-€30,312
Other operating items
+€5.8m
Financial income
-€18,091
Financial charges
+€12,311
Taxes
+€13,218
Result 2025
€2.6m
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.
From operations
-€19.5m
Investment
+€19.8m
Financing
€0
Cash 2024
€1.0m
From operations (derived)
-€19.5m
Net result for the year
+€2.6m
Depreciation
+€210,052
Receivables within one year
-€194,829
Deferred charges and accrued income
-€144,949
Trade debts
+€606,647
Tax, wage and social debts
+€40,773
Other debts
-€20.3m
Accrued charges and deferred income
-€2.3m
Investment (derived)
+€19.8m
Investment in fixed assets (net)
-€318,523
Current investments
+€20.1m
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,825,271 | €4,471,613 | -€19.4m | -81.2% |
| Fixed assets | 21/28 | €692,522 | €800,993 | +€108,471 | +15.7% |
| Intangible fixed assets | 21 | €178,257 | €425,357 | +€247,100 | +138.6% |
| Tangible fixed assets | 22/27 | €505,265 | €366,535 | -€138,729 | -27.5% |
| Plant, machinery and equipment | 23 | €262,631 | €189,791 | -€72,840 | -27.7% |
| Furniture and vehicles | 24 | €66,940 | €48,383 | -€18,557 | -27.7% |
| Other tangible fixed assets | 26 | €175,694 | €128,362 | -€47,332 | -26.9% |
| Financial fixed assets | 28 | €9,000 | €9,100 | +€100 | +1.1% |
| Other financial fixed assets | 284/8 | €9,000 | €9,100 | +€100 | +1.1% |
| Amounts receivable and cash guarantees | 285/8 | €9,000 | €9,100 | +€100 | +1.1% |
| Current assets | 29/58 | €23,132,750 | €3,670,620 | -€19.5m | -84.1% |
| Amounts receivable within one year | 40/41 | - | €194,829 | +€194,829 | |
| Other amounts receivable | 41 | - | €194,829 | +€194,829 | |
| Current investments | 50/53 | €21,799,163 | €1,682,201 | -€20.1m | -92.3% |
| Other investments | 51/53 | €21,799,163 | €1,682,201 | -€20.1m | -92.3% |
| Cash at bank and in hand | 54/58 | €1,045,320 | €1,360,374 | +€315,054 | +30.1% |
| Deferred charges and accrued income | 490/1 | €288,267 | €433,216 | +€144,949 | +50.3% |
| Total equity and liabilities | 10/49 | €23,825,271 | €4,471,613 | -€19.4m | -81.2% |
| Equity | 10/15 | €423,229 | €3,061,855 | +€2.6m | +623.5% |
| Contributions | 10/11 | €1,999,968 | €1,999,968 | = | 0.0% |
| Capital | 10 | €1,999,968 | €1,999,968 | = | 0.0% |
| Issued capital | 100 | €1,999,968 | €1,999,968 | = | 0.0% |
| Reserves | 13 | €392,319 | €392,319 | = | 0.0% |
| Non-distributable reserves | 130/1 | €199,997 | €199,997 | = | 0.0% |
| Legal reserve | 130 | €199,997 | €199,997 | = | 0.0% |
| Distributable reserves | 133 | €192,322 | €192,322 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,969,057 | €669,569 | +€2.6m | |
| Amounts payable | 17/49 | €23,402,042 | €1,409,758 | -€22.0m | -94.0% |
| Amounts payable within one year | 42/48 | €20,879,642 | €1,211,299 | -€19.7m | -94.2% |
| Trade debts | 44 | €6,081 | €612,728 | +€606,647 | +9976.5% |
| Suppliers | 440/4 | €6,081 | €612,728 | +€606,647 | +9976.5% |
| Taxes, remuneration and social security | 45 | €557,798 | €598,571 | +€40,773 | +7.3% |
| Remuneration and social security | 454/9 | €557,798 | €598,571 | +€40,773 | +7.3% |
| Other amounts payable | 47/48 | €20,315,763 | - | -€20.3m | |
| Accrued charges and deferred income | 492/3 | €2,522,400 | €198,458 | -€2.3m | -92.1% |
| Operating income | 70/76A | €552,463 | €11,985,744 | +€11.4m | +2069.5% |
| Turnover | 70 | €423,767 | €11,167,013 | +€10.7m | +2535.2% |
| Other operating income | 74 | €128,696 | €818,731 | +€690,035 | +536.2% |
| Operating charges | 60/66A | €8,283,447 | €9,479,228 | +€1.2m | +14.4% |
| Goods for resale, raw materials and consumables | 60 | €296,900 | €470,348 | +€173,448 | +58.4% |
| Purchases | 600/8 | €296,900 | €470,348 | +€173,448 | +58.4% |
| Services and other goods | 61 | €675,211 | €2,568,584 | +€1.9m | +280.4% |
| Remuneration, social security and pensions | 62 | €1,424,021 | €6,191,152 | +€4.8m | +334.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,890 | €210,052 | +€157,162 | +297.1% |
| Other operating charges | 640/8 | €8,781 | €39,093 | +€30,312 | +345.2% |
| Non-recurring operating charges | 66A | €5,825,644 | - | -€5.8m | |
| Operating profit (loss) | 9901 | -€7,730,983 | €2,506,516 | +€10.2m | |
| Financial income | 75/76B | €127,014 | €108,923 | -€18,091 | -14.2% |
| Recurring financial income | 75 | €127,014 | €108,923 | -€18,091 | -14.2% |
| Income from current assets | 751 | €127,014 | €108,923 | -€18,091 | -14.2% |
| Financial charges | 65/66B | €12,311 | - | -€12,311 | |
| Recurring financial charges | 65 | €12,311 | - | -€12,311 | |
| Debt charges | 650 | €6,191 | - | -€6,191 | |
| Other financial charges | 652/9 | €6,120 | - | -€6,120 | |
| Profit (loss) for the period before taxes | 9903 | -€7,616,280 | €2,615,439 | +€10.2m | |
| Income taxes | 67/77 | -€9,969 | -€23,186 | -€13,218 | -132.6% |
| Taxes | 670/3 | - | €829 | +€829 | |
| Tax adjustments and reversals of tax provisions | 77 | €9,969 | €24,016 | +€14,047 | +140.9% |
| Profit (loss) for the period | 9904 | -€7,606,311 | €2,638,625 | +€10.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,606,311 | €2,638,625 | +€10.2m |
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 9 October 2026 via checked.be.