OPTIMEO: what changed
Two fiscal 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.
OPTIMEO
Largest movements
- Tangible fixed assets -€26,198
down €26,198 (-9.8%), from €266,035 to €239,837
- Receivables within one year -€18,578
down €18,578 (-44.0%), from €42,229 to €23,651
of which Trade receivables: -€20,689
- Cash +€6,102
up €6,102 (+204.6%), from €2,983 to €9,085
mainly Depreciation (+€28,449) and Net result for the year (+€25,457)
- Debts after one year -€25,933
down €25,933 (-8.7%), from €299,173 to €273,240
- Other debts +€23,120
up €23,120 (+18991.6%), from €122 to €23,242
- Accrued charges and deferred income -€18,712
down €18,712 (-50.0%), from €37,425 to €18,712
- Current portion of long-term debt -€12,785
down €12,785 (-33.0%), from €38,696 to €25,911
- Trade debts -€9,851
down €9,851 (-66.9%), from €14,719 to €4,868
- Taxes -€7,498
down €7,498 (-63.0%), from €11,899 to €4,401
- Gross operating margin -€6,898
down €6,898 (-8.7%), from €79,090 to €72,191
- Financial charges -€4,432
down €4,432 (-30.1%), from €14,740 to €10,308
- Depreciation -€2,982
down €2,982 (-9.5%), from €31,431 to €28,449
- Other operating charges +€2,153
up €2,153 (+71.8%), from €2,999 to €5,152
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 | €441,365 | €402,733 | -€38,632 | -8.8% |
| Fixed assets | 21/28 | €266,035 | €239,837 | -€26,198 | -9.8% |
| Tangible fixed assets | 22/27 | €266,035 | €239,837 | -€26,198 | -9.8% |
| Land and buildings | 22 | €214,507 | €206,126 | -€8,381 | -3.9% |
| Plant, machinery and equipment | 23 | €21,461 | €16,702 | -€4,759 | -22.2% |
| Furniture and vehicles | 24 | €30,067 | €17,010 | -€13,058 | -43.4% |
| Current assets | 29/58 | €175,329 | €162,895 | -€12,434 | -7.1% |
| Amounts receivable within one year | 40/41 | €42,229 | €23,651 | -€18,578 | -44.0% |
| Trade receivables | 40 | €32,001 | €11,312 | -€20,689 | -64.7% |
| Other amounts receivable | 41 | €10,228 | €12,339 | +€2,112 | +20.6% |
| Current investments | 50/53 | €127,000 | €127,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,983 | €9,085 | +€6,102 | +204.6% |
| Deferred charges and accrued income | 490/1 | €3,118 | €3,159 | +€41 | +1.3% |
| Total equity and liabilities | 10/49 | €441,365 | €402,733 | -€38,632 | -8.8% |
| Equity | 10/15 | €43,238 | €44,195 | +€957 | +2.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,219 | €38,219 | = | 0.0% |
| Distributable reserves | 133 | €38,219 | €38,219 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19 | €975 | +€957 | +5126.3% |
| Amounts payable | 17/49 | €398,126 | €358,538 | -€39,588 | -9.9% |
| Amounts payable after more than one year | 17 | €299,173 | €273,240 | -€25,933 | -8.7% |
| Financial debts | 170/4 | €299,173 | €273,240 | -€25,933 | -8.7% |
| Amounts payable within one year | 42/48 | €61,528 | €66,585 | +€5,057 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €38,696 | €25,911 | -€12,785 | -33.0% |
| Trade debts | 44 | €14,719 | €4,868 | -€9,851 | -66.9% |
| Suppliers | 440/4 | €14,719 | €4,868 | -€9,851 | -66.9% |
| Taxes, remuneration and social security | 45 | €7,992 | €12,565 | +€4,573 | +57.2% |
| Taxes | 450/3 | €7,992 | €12,565 | +€4,573 | +57.2% |
| Other amounts payable | 47/48 | €122 | €23,242 | +€23,120 | +18991.6% |
| Accrued charges and deferred income | 492/3 | €37,425 | €18,712 | -€18,712 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,431 | €28,449 | -€2,982 | -9.5% |
| Other operating charges | 640/8 | €2,999 | €5,152 | +€2,153 | +71.8% |
| Gross operating margin | 9900 | €79,090 | €72,191 | -€6,898 | -8.7% |
| Operating profit (loss) | 9901 | €44,660 | €38,591 | -€6,069 | -13.6% |
| Financial income | 75/76B | €1,575 | €1,575 | = | 0.0% |
| Recurring financial income | 75 | €1,575 | €1,575 | = | 0.0% |
| Financial charges | 65/66B | €14,740 | €10,308 | -€4,432 | -30.1% |
| Recurring financial charges | 65 | €14,740 | €10,308 | -€4,432 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €31,494 | €29,858 | -€1,637 | -5.2% |
| Income taxes | 67/77 | €11,899 | €4,401 | -€7,498 | -63.0% |
| Profit (loss) for the period | 9904 | €19,595 | €25,457 | +€5,861 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,595 | €25,457 | +€5,861 | +29.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.