OPTIMISATION 2000: 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.
OPTIMISATION 2000
Largest movements
- Tangible fixed assets +€688,470
up €688,470 (+204.9%), from €336,064 to €1.0m
of which Land and buildings: +€711,773
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€53,929
up €53,929 (+18.8%), from €286,305 to €340,234
mainly Debts after one year (+€582,965) and Net result for the year (+€185,332)
- Debts after one year +€582,965
up €582,965 (+205.4%), from €283,760 to €866,725
- Reserves +€38,650
up €38,650 (+9.6%), from €404,380 to €443,030
of which Distributable reserves: +€40,000
- Current portion of long-term debt +€36,560
up €36,560 (+67.2%), from €54,374 to €90,934
- Tax, wage and social debts -€17,848
down €17,848 (-18.1%), from €98,590 to €80,741
of which Taxes: -€20,290
- Gross operating margin +€187,854
up €187,854 (+22.2%), from €845,458 to €1.0m
- Staff costs +€98,094
up €98,094 (+20.1%), from €489,198 to €587,292
- Other operating charges +€97,365
up €97,365 (+3683.9%), from €2,643 to €100,008
- Depreciation +€11,770
up €11,770 (+21.4%), from €55,021 to €66,792
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 | €1,135,290 | €1,761,334 | +€626,044 | +55.1% |
| Fixed assets | 21/28 | €405,439 | €1,082,409 | +€676,970 | +167.0% |
| Intangible fixed assets | 21 | €69,000 | €57,500 | -€11,500 | -16.7% |
| Tangible fixed assets | 22/27 | €336,064 | €1,024,534 | +€688,470 | +204.9% |
| Land and buildings | 22 | €243,213 | €954,986 | +€711,773 | +292.7% |
| Furniture and vehicles | 24 | €92,851 | €69,548 | -€23,303 | -25.1% |
| Financial fixed assets | 28 | €374 | €374 | = | 0.0% |
| Current assets | 29/58 | €729,851 | €678,925 | -€50,926 | -7.0% |
| Amounts receivable within one year | 40/41 | €336,462 | €327,482 | -€8,980 | -2.7% |
| Trade receivables | 40 | €316,406 | €321,080 | +€4,674 | +1.5% |
| Other amounts receivable | 41 | €20,056 | €6,403 | -€13,654 | -68.1% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €286,305 | €340,234 | +€53,929 | +18.8% |
| Deferred charges and accrued income | 490/1 | €7,084 | €11,209 | +€4,125 | +58.2% |
| Total equity and liabilities | 10/49 | €1,135,290 | €1,761,334 | +€626,044 | +55.1% |
| Equity | 10/15 | €426,744 | €462,077 | +€35,332 | +8.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €404,380 | €443,030 | +€38,650 | +9.6% |
| Tax-exempt reserves | 132 | €42,521 | €41,171 | -€1,350 | -3.2% |
| Distributable reserves | 133 | €361,859 | €401,859 | +€40,000 | +11.1% |
| Profit (loss) carried forward | 14 | €3,772 | €454 | -€3,318 | -88.0% |
| Provisions and deferred taxes | 16 | €14,174 | €13,724 | -€450 | -3.2% |
| Deferred taxes | 168 | €14,174 | €13,724 | -€450 | -3.2% |
| Amounts payable | 17/49 | €694,372 | €1,285,534 | +€591,162 | +85.1% |
| Amounts payable after more than one year | 17 | €283,760 | €866,725 | +€582,965 | +205.4% |
| Financial debts | 170/4 | €283,760 | €866,725 | +€582,965 | +205.4% |
| Amounts payable within one year | 42/48 | €410,612 | €417,999 | +€7,387 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €54,374 | €90,934 | +€36,560 | +67.2% |
| Trade debts | 44 | €107,643 | €96,310 | -€11,332 | -10.5% |
| Suppliers | 440/4 | €107,643 | €96,310 | -€11,332 | -10.5% |
| Taxes, remuneration and social security | 45 | €98,590 | €80,741 | -€17,848 | -18.1% |
| Taxes | 450/3 | €38,828 | €18,537 | -€20,290 | -52.3% |
| Remuneration and social security | 454/9 | €59,762 | €62,204 | +€2,442 | +4.1% |
| Other amounts payable | 47/48 | €150,005 | €150,013 | +€8 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €810 | +€810 | |
| Remuneration, social security and pensions | 62 | €489,198 | €587,292 | +€98,094 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,021 | €66,792 | +€11,770 | +21.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,030 | €8,601 | +€4,571 | +113.4% |
| Other operating charges | 640/8 | €2,643 | €100,008 | +€97,365 | +3683.9% |
| Gross operating margin | 9900 | €845,458 | €1,033,312 | +€187,854 | +22.2% |
| Operating profit (loss) | 9901 | €294,566 | €270,619 | -€23,947 | -8.1% |
| Financial income | 75/76B | €2,912 | €2,049 | -€863 | -29.6% |
| Recurring financial income | 75 | €2,912 | €2,049 | -€863 | -29.6% |
| Financial charges | 65/66B | €12,994 | €16,714 | +€3,720 | +28.6% |
| Recurring financial charges | 65 | €12,994 | €16,714 | +€3,720 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €284,484 | €255,954 | -€28,530 | -10.0% |
| Transfer from deferred taxes | 780 | €450 | €450 | = | 0.0% |
| Income taxes | 67/77 | €75,625 | €71,071 | -€4,554 | -6.0% |
| Profit (loss) for the period | 9904 | €209,308 | €185,332 | -€23,976 | -11.5% |
| Transfer from tax-exempt reserves | 789 | €1,350 | €1,350 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €210,658 | €186,682 | -€23,976 | -11.4% |
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 30 September 2026 via checked.be.