OPTIMO: 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.
OPTIMO
Largest movements
- Tangible fixed assets -€37,555
down €37,555 (-6.8%), from €549,539 to €511,984
of which Land and buildings: -€23,063
- Cash +€6,884
up €6,884 (+121.4%), from €5,672 to €12,556
mainly Depreciation (+€41,935) and Trade debts (+€8,009)
- Debts after one year -€46,129
down €46,129 (-38.7%), from €119,319 to €73,190
of which Financial debts: -€39,289
- Trade debts +€8,009
up €8,009 (+752.1%), from €1,065 to €9,074
- Reserves +€6,985
up €6,985 (+19.5%), from €35,831 to €42,816
of which Distributable reserves: +€6,985
- Other operating charges +€19,148
up €19,148 (+150.9%), from €12,691 to €31,839
- Gross operating margin +€13,468
up €13,468 (+18.2%), from €74,124 to €87,592
- Taxes -€1,784
down €1,784 (-37.3%), from €4,777 to €2,994
- Depreciation +€1,377
up €1,377 (+3.4%), from €40,558 to €41,935
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 | €556,917 | €527,311 | -€29,606 | -5.3% |
| Fixed assets | 21/28 | €549,689 | €512,134 | -€37,555 | -6.8% |
| Tangible fixed assets | 22/27 | €549,539 | €511,984 | -€37,555 | -6.8% |
| Land and buildings | 22 | €369,729 | €346,666 | -€23,063 | -6.2% |
| Plant, machinery and equipment | 23 | €571 | €398 | -€173 | -30.3% |
| Furniture and vehicles | 24 | €7,585 | €5,555 | -€2,030 | -26.8% |
| Other tangible fixed assets | 26 | €171,654 | €159,365 | -€12,289 | -7.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €7,227 | €15,177 | +€7,949 | +110.0% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €5,672 | €12,556 | +€6,884 | +121.4% |
| Deferred charges and accrued income | 490/1 | €1,556 | €2,621 | +€1,065 | +68.4% |
| Total equity and liabilities | 10/49 | €556,917 | €527,311 | -€29,606 | -5.3% |
| Equity | 10/15 | €184,567 | €191,552 | +€6,985 | +3.8% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €35,831 | €42,816 | +€6,985 | +19.5% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Legal reserve | 130 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €34,331 | €41,316 | +€6,985 | +20.3% |
| Amounts payable | 17/49 | €372,350 | €335,759 | -€36,591 | -9.8% |
| Amounts payable after more than one year | 17 | €119,319 | €73,190 | -€46,129 | -38.7% |
| Financial debts | 170/4 | €105,249 | €65,960 | -€39,289 | -37.3% |
| Other amounts payable | 178/9 | €14,070 | €7,230 | -€6,840 | -48.6% |
| Amounts payable within one year | 42/48 | €252,131 | €262,069 | +€9,938 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €38,460 | €39,289 | +€829 | +2.2% |
| Trade debts | 44 | €1,065 | €9,074 | +€8,009 | +752.1% |
| Suppliers | 440/4 | €1,065 | €9,074 | +€8,009 | +752.1% |
| Taxes, remuneration and social security | 45 | €6,557 | €7,771 | +€1,214 | +18.5% |
| Taxes | 450/3 | €6,557 | €7,771 | +€1,214 | +18.5% |
| Other amounts payable | 47/48 | €206,050 | €205,936 | -€114 | -0.1% |
| Accrued charges and deferred income | 492/3 | €900 | €500 | -€400 | -44.4% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,558 | €41,935 | +€1,377 | +3.4% |
| Other operating charges | 640/8 | €12,691 | €31,839 | +€19,148 | +150.9% |
| Gross operating margin | 9900 | €74,124 | €87,592 | +€13,468 | +18.2% |
| Operating profit (loss) | 9901 | €20,875 | €13,818 | -€7,057 | -33.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +2566.7% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2566.7% |
| Financial charges | 65/66B | €4,518 | €3,840 | -€678 | -15.0% |
| Recurring financial charges | 65 | €4,518 | €3,721 | -€797 | -17.6% |
| Non-recurring financial charges | 66B | - | €119 | +€119 | |
| Profit (loss) for the period before taxes | 9903 | €16,357 | €9,979 | -€6,378 | -39.0% |
| Income taxes | 67/77 | €4,777 | €2,994 | -€1,784 | -37.3% |
| Profit (loss) for the period | 9904 | €11,580 | €6,985 | -€4,594 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,580 | €6,985 | -€4,594 | -39.7% |
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 12 October 2026 via checked.be.