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
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Cash +€158,929
up €158,929 (+80.6%), from €197,216 to €356,144
mainly Current investments (+€200,000) and Net result for the year (+€71,925)
- Tangible fixed assets +€96,665
up €96,665 (+28.3%), from €342,101 to €438,766
of which Land and buildings: +€96,835
- Reserves +€71,925
up €71,925 (+11.4%), from €630,986 to €702,911
of which Distributable reserves: +€85,149
- Tax, wage and social debts -€15,253
down €15,253 (-49.9%), from €30,594 to €15,341
- Write-downs -€5,847
no longer reported in 2025 (was €5,847)
- Depreciation +€5,373
up €5,373 (+36.5%), from €14,736 to €20,109
- Financial income -€3,334
down €3,334 (-66.4%), from €5,023 to €1,688
- Financial charges -€3,180
down €3,180 (-26.2%), from €12,147 to €8,967
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 | €841,373 | €893,516 | +€52,143 | +6.2% |
| Fixed assets | 21/28 | €342,101 | €438,766 | +€96,665 | +28.3% |
| Tangible fixed assets | 22/27 | €342,101 | €438,766 | +€96,665 | +28.3% |
| Land and buildings | 22 | €326,277 | €423,112 | +€96,835 | +29.7% |
| Plant, machinery and equipment | 23 | - | €1,148 | +€1,148 | |
| Furniture and vehicles | 24 | €15,824 | €14,506 | -€1,318 | -8.3% |
| Current assets | 29/58 | €499,272 | €454,749 | -€44,523 | -8.9% |
| Amounts receivable within one year | 40/41 | €94,141 | €95,879 | +€1,738 | +1.8% |
| Trade receivables | 40 | €74,528 | €71,264 | -€3,264 | -4.4% |
| Other amounts receivable | 41 | €19,613 | €24,615 | +€5,002 | +25.5% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €197,216 | €356,144 | +€158,929 | +80.6% |
| Deferred charges and accrued income | 490/1 | €7,916 | €2,727 | -€5,189 | -65.6% |
| Total equity and liabilities | 10/49 | €841,373 | €893,516 | +€52,143 | +6.2% |
| Equity | 10/15 | €649,586 | €721,511 | +€71,925 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €630,986 | €702,911 | +€71,925 | +11.4% |
| Non-distributable reserves | 130/1 | €10,693 | - | -€10,693 | |
| Reserves not available under the articles | 1311 | €10,693 | - | -€10,693 | |
| Tax-exempt reserves | 132 | €53,981 | €51,451 | -€2,530 | -4.7% |
| Distributable reserves | 133 | €566,312 | €651,461 | +€85,149 | +15.0% |
| Provisions and deferred taxes | 16 | €17,994 | €17,150 | -€843 | -4.7% |
| Deferred taxes | 168 | €17,994 | €17,150 | -€843 | -4.7% |
| Amounts payable | 17/49 | €173,793 | €154,854 | -€18,939 | -10.9% |
| Amounts payable within one year | 42/48 | €163,307 | €146,714 | -€16,593 | -10.2% |
| Trade debts | 44 | €12,261 | €17,185 | +€4,924 | +40.2% |
| Suppliers | 440/4 | €12,261 | €17,185 | +€4,924 | +40.2% |
| Taxes, remuneration and social security | 45 | €30,594 | €15,341 | -€15,253 | -49.9% |
| Taxes | 450/3 | €30,594 | €15,341 | -€15,253 | -49.9% |
| Other amounts payable | 47/48 | €120,452 | €114,188 | -€6,264 | -5.2% |
| Accrued charges and deferred income | 492/3 | €10,487 | €8,140 | -€2,346 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,736 | €20,109 | +€5,373 | +36.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,847 | - | -€5,847 | |
| Other operating charges | 640/8 | €6,499 | €7,690 | +€1,191 | +18.3% |
| Non-recurring operating charges | 66A | €5,115 | - | -€5,115 | |
| Gross operating margin | 9900 | €132,510 | €131,244 | -€1,266 | -1.0% |
| Operating profit (loss) | 9901 | €100,314 | €103,445 | +€3,131 | +3.1% |
| Financial income | 75/76B | €5,023 | €1,688 | -€3,334 | -66.4% |
| Recurring financial income | 75 | €5,023 | €1,688 | -€3,334 | -66.4% |
| Financial charges | 65/66B | €12,147 | €8,967 | -€3,180 | -26.2% |
| Recurring financial charges | 65 | €12,147 | €8,967 | -€3,180 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €93,189 | €96,166 | +€2,977 | +3.2% |
| Transfer from deferred taxes | 780 | €843 | €843 | = | 0.0% |
| Income taxes | 67/77 | €25,984 | €25,084 | -€900 | -3.5% |
| Profit (loss) for the period | 9904 | €68,049 | €71,925 | +€3,877 | +5.7% |
| Transfer from tax-exempt reserves | 789 | €2,530 | €2,530 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,579 | €74,456 | +€3,877 | +5.5% |
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.