OPTIMUM MOMENTUM: 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.
OPTIMUM MOMENTUM
Largest movements
- Tangible fixed assets -€14,387
down €14,387 (-21.9%), from €65,683 to €51,296
- Receivables within one year +€6,247
up €6,247 (+16.4%), from €38,081 to €44,328
of which Trade receivables: +€4,626
- Deferred charges and accrued income -€3,828
down €3,828 (-75.2%), from €5,093 to €1,264
- Cash +€2,794
up €2,794 (+6.3%), from €44,219 to €47,013
mainly Net result for the year (+€22,039) and Depreciation (+€14,387)
- Other debts -€28,065
down €28,065 (-34.9%), from €80,311 to €52,246
- Reserves +€24,077
up €24,077 (+52.1%), from €46,233 to €70,309
- Tax, wage and social debts -€3,668
down €3,668 (-27.3%), from €13,430 to €9,762
- Gross operating margin -€25,542
down €25,542 (-34.2%), from €74,791 to €49,249
- Taxes -€9,040
down €9,040 (-50.6%), from €17,871 to €8,831
- Depreciation +€8,137
up €8,137 (+130%), from €6,250 to €14,387
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 | €153,076 | €143,901 | -€9,174 | -6.0% |
| Fixed assets | 21/28 | €65,683 | €51,296 | -€14,387 | -21.9% |
| Tangible fixed assets | 22/27 | €65,683 | €51,296 | -€14,387 | -21.9% |
| Furniture and vehicles | 24 | €65,683 | €51,296 | -€14,387 | -21.9% |
| Current assets | 29/58 | €87,393 | €92,605 | +€5,212 | +6.0% |
| Amounts receivable within one year | 40/41 | €38,081 | €44,328 | +€6,247 | +16.4% |
| Trade receivables | 40 | €21,328 | €25,955 | +€4,626 | +21.7% |
| Other amounts receivable | 41 | €16,753 | €18,373 | +€1,621 | +9.7% |
| Cash at bank and in hand | 54/58 | €44,219 | €47,013 | +€2,794 | +6.3% |
| Deferred charges and accrued income | 490/1 | €5,093 | €1,264 | -€3,828 | -75.2% |
| Total equity and liabilities | 10/49 | €153,076 | €143,901 | -€9,174 | -6.0% |
| Equity | 10/15 | €56,233 | €80,309 | +€24,077 | +42.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €46,233 | €70,309 | +€24,077 | +52.1% |
| Distributable reserves | 133 | €46,233 | €70,309 | +€24,077 | +52.1% |
| Amounts payable | 17/49 | €96,843 | €63,592 | -€33,251 | -34.3% |
| Amounts payable within one year | 42/48 | €96,475 | €63,592 | -€32,883 | -34.1% |
| Trade debts | 44 | €2,734 | €1,584 | -€1,150 | -42.1% |
| Suppliers | 440/4 | €2,734 | €1,584 | -€1,150 | -42.1% |
| Taxes, remuneration and social security | 45 | €13,430 | €9,762 | -€3,668 | -27.3% |
| Taxes | 450/3 | €13,430 | €9,762 | -€3,668 | -27.3% |
| Other amounts payable | 47/48 | €80,311 | €52,246 | -€28,065 | -34.9% |
| Accrued charges and deferred income | 492/3 | €368 | - | -€368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,250 | €14,387 | +€8,137 | +130% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €74,791 | €49,249 | -€25,542 | -34.2% |
| Operating profit (loss) | 9901 | €68,491 | €34,862 | -€33,629 | -49.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,388 | €3,993 | -€395 | -9.0% |
| Recurring financial charges | 65 | €3,400 | €3,993 | +€593 | +17.4% |
| Non-recurring financial charges | 66B | €988 | - | -€988 | |
| Profit (loss) for the period before taxes | 9903 | €64,103 | €30,870 | -€33,233 | -51.8% |
| Income taxes | 67/77 | €17,871 | €8,831 | -€9,040 | -50.6% |
| Profit (loss) for the period | 9904 | €46,233 | €22,039 | -€24,193 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,233 | €22,039 | -€24,193 | -52.3% |
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 30 October 2026 via checked.be.