OPTIMIST: 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.
OPTIMIST
Largest movements
- Stocks and contracts +€17,068
up €17,068 (+16.0%), from €106,456 to €123,524
- Tangible fixed assets -€14,685
down €14,685 (-8.5%), from €172,654 to €157,968
of which Land and buildings: -€12,828
- Receivables within one year -€4,055
down €4,055 (-31.5%), from €12,870 to €8,815
- Other debts +€99,040
up €99,040 (+39.8%), from €249,023 to €348,063
- Trade debts -€85,656
down €85,656 (-99.2%), from €86,386 to €731
- Profit (loss) carried forward -€14,290
down €14,290 (-39.2%), from -€36,407 to -€50,697
- Tax, wage and social debts +€8,871
up €8,871 (+68.0%), from €13,040 to €21,911
of which Taxes: +€7,893
- Debts after one year -€7,401
down €7,401 (-29.4%), from €25,130 to €17,729
- Gross operating margin +€46,376
up €46,376 (+521.6%), from €8,892 to €55,268
- Depreciation +€18,898
up €18,898 (+297.7%), from €6,349 to €25,246
- Staff costs +€5,381
up €5,381 (+14.6%), from €36,970 to €42,351
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 | €347,293 | €348,187 | +€895 | +0.3% |
| Fixed assets | 21/28 | €172,654 | €157,968 | -€14,685 | -8.5% |
| Tangible fixed assets | 22/27 | €172,654 | €157,968 | -€14,685 | -8.5% |
| Land and buildings | 22 | €128,283 | €115,455 | -€12,828 | -10.0% |
| Plant, machinery and equipment | 23 | - | €9,537 | +€9,537 | |
| Furniture and vehicles | 24 | €44,371 | €32,977 | -€11,394 | -25.7% |
| Current assets | 29/58 | €174,639 | €190,219 | +€15,580 | +8.9% |
| Stocks and contracts in progress | 3 | €106,456 | €123,524 | +€17,068 | +16.0% |
| Stocks | 30/36 | €106,456 | €123,524 | +€17,068 | +16.0% |
| Amounts receivable within one year | 40/41 | €12,870 | €8,815 | -€4,055 | -31.5% |
| Trade receivables | 40 | €12,870 | €8,815 | -€4,055 | -31.5% |
| Cash at bank and in hand | 54/58 | €5,313 | €7,879 | +€2,566 | +48.3% |
| Deferred charges and accrued income | 490/1 | €50,000 | €50,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €347,293 | €348,187 | +€895 | +0.3% |
| Equity | 10/15 | -€33,407 | -€47,697 | -€14,290 | -42.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,407 | -€50,697 | -€14,290 | -39.2% |
| Amounts payable | 17/49 | €380,700 | €395,884 | +€15,184 | +4.0% |
| Amounts payable after more than one year | 17 | €25,130 | €17,729 | -€7,401 | -29.4% |
| Financial debts | 170/4 | €25,130 | €17,729 | -€7,401 | -29.4% |
| Amounts payable within one year | 42/48 | €355,570 | €378,105 | +€22,535 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €7,122 | €7,401 | +€279 | +3.9% |
| Trade debts | 44 | €86,386 | €731 | -€85,656 | -99.2% |
| Suppliers | 440/4 | €86,386 | €731 | -€85,656 | -99.2% |
| Taxes, remuneration and social security | 45 | €13,040 | €21,911 | +€8,871 | +68.0% |
| Taxes | 450/3 | €3,692 | €11,585 | +€7,893 | +213.8% |
| Remuneration and social security | 454/9 | €9,348 | €10,326 | +€978 | +10.5% |
| Other amounts payable | 47/48 | €249,023 | €348,063 | +€99,040 | +39.8% |
| Accrued charges and deferred income | 492/3 | - | €50 | +€50 | |
| Remuneration, social security and pensions | 62 | €36,970 | €42,351 | +€5,381 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,349 | €25,246 | +€18,898 | +297.7% |
| Other operating charges | 640/8 | €573 | €905 | +€332 | +57.9% |
| Gross operating margin | 9900 | €8,892 | €55,268 | +€46,376 | +521.6% |
| Operating profit (loss) | 9901 | -€35,000 | -€13,234 | +€21,765 | +62.2% |
| Financial income | 75/76B | €1,090 | €1,522 | +€432 | +39.7% |
| Recurring financial income | 75 | €1,090 | €1,522 | +€432 | +39.7% |
| Financial charges | 65/66B | €2,498 | €2,578 | +€80 | +3.2% |
| Recurring financial charges | 65 | €2,498 | €2,578 | +€80 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€36,407 | -€14,290 | +€22,118 | +60.8% |
| Profit (loss) for the period | 9904 | -€36,407 | -€14,290 | +€22,118 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,407 | -€14,290 | +€22,118 | +60.8% |
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 29 September 2026 via checked.be.