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 -€205,776
down €205,776 (-9.8%), from €2.1m to €1.9m
of which Land and buildings: -€205,136
- Receivables within one year +€134,447
up €134,447 (+14.6%), from €919,736 to €1.1m
- Reserves +€112,051
up €112,051 (+16.1%), from €696,431 to €808,481
of which Tax-exempt reserves: +€112,051
- Short-term financial debts -€104,544
down €104,544 (-8.5%), from €1.2m to €1.1m
- Other debts -€91,134
down €91,134 (-5.7%), from €1.6m to €1.5m
- Gross operating margin +€196,781
up €196,781 (+239%), from €82,379 to €279,160
- Depreciation -€17,479
down €17,479 (-28.2%), from €61,918 to €44,439
- Other operating charges +€13,135
up €13,135 (+135%), from €9,723 to €22,858
- Financial charges -€10,289
down €10,289 (-17.2%), from €59,941 to €49,652
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.
Derived cash bridge
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 | €5,259,515 | €5,183,691 | -€75,825 | -1.4% |
| Fixed assets | 21/28 | €4,335,088 | €4,129,312 | -€205,776 | -4.7% |
| Tangible fixed assets | 22/27 | €2,102,422 | €1,896,646 | -€205,776 | -9.8% |
| Land and buildings | 22 | €2,100,182 | €1,895,046 | -€205,136 | -9.8% |
| Plant, machinery and equipment | 23 | €2,240 | €1,600 | -€640 | -28.6% |
| Financial fixed assets | 28 | €2,232,665 | €2,232,665 | = | 0.0% |
| Current assets | 29/58 | €924,427 | €1,054,379 | +€129,951 | +14.1% |
| Amounts receivable within one year | 40/41 | €919,736 | €1,054,183 | +€134,447 | +14.6% |
| Other amounts receivable | 41 | €919,736 | €1,054,183 | +€134,447 | +14.6% |
| Cash at bank and in hand | 54/58 | €4,691 | €196 | -€4,495 | -95.8% |
| Total equity and liabilities | 10/49 | €5,259,515 | €5,183,691 | -€75,825 | -1.4% |
| Equity | 10/15 | €1,371,888 | €1,509,586 | +€137,699 | +10.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €696,431 | €808,481 | +€112,051 | +16.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €690,231 | €802,281 | +€112,051 | +16.2% |
| Profit (loss) carried forward | 14 | €423,457 | €449,105 | +€25,648 | +6.1% |
| Investment grants | 15 | €190,000 | €190,000 | = | 0.0% |
| Provisions and deferred taxes | 16 | €355,415 | €379,927 | +€24,512 | +6.9% |
| Deferred taxes | 168 | €355,415 | €379,927 | +€24,512 | +6.9% |
| Amounts payable | 17/49 | €3,532,213 | €3,294,177 | -€238,036 | -6.7% |
| Amounts payable within one year | 42/48 | €3,532,213 | €3,294,177 | -€238,036 | -6.7% |
| Financial debts | 43 | €1,229,544 | €1,125,000 | -€104,544 | -8.5% |
| Credit institutions | 430/8 | €1,229,544 | €1,125,000 | -€104,544 | -8.5% |
| Trade debts | 44 | €658,819 | €657,896 | -€924 | -0.1% |
| Suppliers | 440/4 | €658,819 | €657,896 | -€924 | -0.1% |
| Taxes, remuneration and social security | 45 | €54,143 | €12,709 | -€41,434 | -76.5% |
| Taxes | 450/3 | €54,143 | €12,709 | -€41,434 | -76.5% |
| Other amounts payable | 47/48 | €1,589,706 | €1,498,572 | -€91,134 | -5.7% |
| Non-recurring operating income | 76A | - | €2,093 | +€2,093 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,918 | €44,439 | -€17,479 | -28.2% |
| Other operating charges | 640/8 | €9,723 | €22,858 | +€13,135 | +135% |
| Gross operating margin | 9900 | €82,379 | €279,160 | +€196,781 | +239% |
| Operating profit (loss) | 9901 | €10,739 | €211,863 | +€201,124 | +1,873% |
| Financial charges | 65/66B | €59,941 | €49,652 | -€10,289 | -17.2% |
| Recurring financial charges | 65 | €59,941 | €49,652 | -€10,289 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€49,202 | €162,211 | +€211,413 | |
| Transfer from deferred taxes | 780 | €10,103 | €36,403 | +€26,301 | +260% |
| Income taxes | 67/77 | €220 | - | -€220 | |
| Profit (loss) for the period | 9904 | -€39,319 | €198,614 | +€237,934 | |
| Transfer from tax-exempt reserves | 789 | €19,620 | €70,697 | +€51,077 | +260% |
| Transfer to tax-exempt reserves | 689 | - | €243,663 | +€243,663 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,700 | €25,648 | +€45,348 |
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 20 October 2026 via checked.be.