OPTIMODE: 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.
OPTIMODE
Largest movements
- Tangible fixed assets -€75,456
down €75,456 (-9.8%), from €771,121 to €695,665
of which Land and buildings: -€64,506
- Receivables within one year +€12,693
up €12,693 (+193.2%), from €6,569 to €19,261
of which Other amounts receivable: +€9,991
- Current portion of long-term debt -€40,820
down €40,820 (-75.3%), from €54,192 to €13,371
- Debts after one year -€13,371
down €13,371 (-51.2%), from €26,118 to €12,747
- Gross operating margin -€34,968
down €34,968 (-10.8%), from €322,812 to €287,843
- Staff costs +€8,250
up €8,250 (+10.7%), from €77,221 to €85,471
- Financial income +€5,517
up €5,517 (+8063.1%), from €68 to €5,585
- Other operating charges -€5,201
down €5,201 (-65.8%), from €7,901 to €2,700
- Depreciation +€4,963
up €4,963 (+4.8%), from €103,416 to €108,379
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 | €972,021 | €900,133 | -€71,888 | -7.4% |
| Fixed assets | 21/28 | €774,327 | €698,871 | -€75,456 | -9.7% |
| Tangible fixed assets | 22/27 | €771,121 | €695,665 | -€75,456 | -9.8% |
| Land and buildings | 22 | €581,450 | €516,944 | -€64,506 | -11.1% |
| Plant, machinery and equipment | 23 | €115,561 | €96,905 | -€18,657 | -16.1% |
| Furniture and vehicles | 24 | €74,109 | €81,816 | +€7,707 | +10.4% |
| Financial fixed assets | 28 | €3,206 | €3,206 | = | 0.0% |
| Current assets | 29/58 | €197,694 | €201,262 | +€3,568 | +1.8% |
| Stocks and contracts in progress | 3 | €52,530 | €52,530 | = | 0.0% |
| Stocks | 30/36 | €52,530 | €52,530 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,569 | €19,261 | +€12,693 | +193.2% |
| Trade receivables | 40 | €61 | €2,762 | +€2,702 | +4465.6% |
| Other amounts receivable | 41 | €6,508 | €16,499 | +€9,991 | +153.5% |
| Cash at bank and in hand | 54/58 | €138,596 | €129,471 | -€9,125 | -6.6% |
| Total equity and liabilities | 10/49 | €972,021 | €900,133 | -€71,888 | -7.4% |
| Equity | 10/15 | €834,220 | €828,887 | -€5,333 | -0.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €665,014 | €659,681 | -€5,333 | -0.8% |
| Distributable reserves | 133 | €665,014 | €659,681 | -€5,333 | -0.8% |
| Profit (loss) carried forward | 14 | €144,206 | €144,206 | +€0 | 0.0% |
| Amounts payable | 17/49 | €137,801 | €71,246 | -€66,555 | -48.3% |
| Amounts payable after more than one year | 17 | €26,118 | €12,747 | -€13,371 | -51.2% |
| Financial debts | 170/4 | €26,118 | €12,747 | -€13,371 | -51.2% |
| Amounts payable within one year | 42/48 | €111,683 | €58,499 | -€53,183 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €54,192 | €13,371 | -€40,820 | -75.3% |
| Trade debts | 44 | €17,504 | €20,988 | +€3,485 | +19.9% |
| Suppliers | 440/4 | €17,504 | €20,988 | +€3,485 | +19.9% |
| Taxes, remuneration and social security | 45 | €25,692 | €16,045 | -€9,647 | -37.5% |
| Taxes | 450/3 | €11,281 | €353 | -€10,927 | -96.9% |
| Remuneration and social security | 454/9 | €14,411 | €15,692 | +€1,280 | +8.9% |
| Other amounts payable | 47/48 | €14,295 | €8,094 | -€6,201 | -43.4% |
| Non-recurring operating income | 76A | €6,906 | - | -€6,906 | |
| Remuneration, social security and pensions | 62 | €77,221 | €85,471 | +€8,250 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,416 | €108,379 | +€4,963 | +4.8% |
| Other operating charges | 640/8 | €7,901 | €2,700 | -€5,201 | -65.8% |
| Non-recurring operating charges | 66A | €22,765 | €1,009 | -€21,756 | -95.6% |
| Gross operating margin | 9900 | €322,812 | €287,843 | -€34,968 | -10.8% |
| Operating profit (loss) | 9901 | €111,509 | €90,284 | -€21,225 | -19.0% |
| Financial income | 75/76B | €68 | €5,585 | +€5,517 | +8063.1% |
| Recurring financial income | 75 | €68 | €5,585 | +€5,517 | +8063.1% |
| Financial charges | 65/66B | €685 | €307 | -€377 | -55.1% |
| Recurring financial charges | 65 | €685 | €307 | -€377 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €110,893 | €95,562 | -€15,331 | -13.8% |
| Income taxes | 67/77 | €35,150 | €32,495 | -€2,655 | -7.6% |
| Profit (loss) for the period | 9904 | €75,743 | €63,067 | -€12,676 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,743 | €63,067 | -€12,676 | -16.7% |
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 4 October 2026 via checked.be.