OPTIMUM PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year +€17,145
up €17,145 (+34.4%), from €49,807 to €66,952
of which Trade receivables: +€16,104
- Tangible fixed assets -€13,540
down €13,540 (-5.4%), from €250,677 to €237,137
of which Land and buildings: -€7,790
- Cash -€10,726
down €10,726 (-25.4%), from €42,212 to €31,486
mainly Contributions, distributions and other (-€54,853) and Receivables within one year (-€17,145)
- Debts after one year -€14,606
down €14,606 (-6.5%), from €224,139 to €209,533
- Reserves +€4,907
up €4,907 (+6.5%), from €76,006 to €80,912
- Gross operating margin +€14,742
up €14,742 (+17.0%), from €86,917 to €101,659
- Taxes +€2,661
up €2,661 (+19.7%), from €13,480 to €16,141
- Other operating charges +€1,063
up €1,063 (+130%), from €820 to €1,884
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €346,977 | €341,273 | -€5,704 | -1.6% |
| Fixed assets | 21/28 | €251,877 | €238,337 | -€13,540 | -5.4% |
| Tangible fixed assets | 22/27 | €250,677 | €237,137 | -€13,540 | -5.4% |
| Land and buildings | 22 | €239,222 | €231,431 | -€7,790 | -3.3% |
| Furniture and vehicles | 24 | €6,244 | €1,722 | -€4,522 | -72.4% |
| Other tangible fixed assets | 26 | €5,211 | €3,983 | -€1,228 | -23.6% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €95,100 | €102,936 | +€7,836 | +8.2% |
| Amounts receivable within one year | 40/41 | €49,807 | €66,952 | +€17,145 | +34.4% |
| Trade receivables | 40 | €23,914 | €40,017 | +€16,104 | +67.3% |
| Other amounts receivable | 41 | €25,893 | €26,935 | +€1,042 | +4.0% |
| Cash at bank and in hand | 54/58 | €42,212 | €31,486 | -€10,726 | -25.4% |
| Deferred charges and accrued income | 490/1 | €3,081 | €4,498 | +€1,417 | +46.0% |
| Total equity and liabilities | 10/49 | €346,977 | €341,273 | -€5,704 | -1.6% |
| Equity | 10/15 | €89,788 | €94,694 | +€4,907 | +5.5% |
| Contributions | 10/11 | €13,782 | €13,782 | = | 0.0% |
| Reserves | 13 | €76,006 | €80,912 | +€4,907 | +6.5% |
| Distributable reserves | 133 | €76,006 | €80,912 | +€4,907 | +6.5% |
| Amounts payable | 17/49 | €257,190 | €246,579 | -€10,611 | -4.1% |
| Amounts payable after more than one year | 17 | €224,139 | €209,533 | -€14,606 | -6.5% |
| Financial debts | 170/4 | €224,139 | €209,533 | -€14,606 | -6.5% |
| Amounts payable within one year | 42/48 | €33,051 | €37,046 | +€3,995 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €20,594 | €23,413 | +€2,819 | +13.7% |
| Trade debts | 44 | €4,815 | €5,030 | +€215 | +4.5% |
| Suppliers | 440/4 | €4,815 | €5,030 | +€215 | +4.5% |
| Taxes, remuneration and social security | 45 | €5,641 | €7,102 | +€1,461 | +25.9% |
| Taxes | 450/3 | €5,641 | €7,102 | +€1,461 | +25.9% |
| Other amounts payable | 47/48 | €2,000 | €1,500 | -€500 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,644 | €13,540 | -€104 | -0.8% |
| Other operating charges | 640/8 | €820 | €1,884 | +€1,063 | +130% |
| Gross operating margin | 9900 | €86,917 | €101,659 | +€14,742 | +17.0% |
| Operating profit (loss) | 9901 | €72,452 | €86,235 | +€13,783 | +19.0% |
| Financial income | 75/76B | €377 | €184 | -€193 | -51.1% |
| Recurring financial income | 75 | €377 | €184 | -€193 | -51.1% |
| Financial charges | 65/66B | €10,148 | €10,519 | +€371 | +3.7% |
| Recurring financial charges | 65 | €10,148 | €10,519 | +€371 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €62,681 | €75,901 | +€13,220 | +21.1% |
| Income taxes | 67/77 | €13,480 | €16,141 | +€2,661 | +19.7% |
| Profit (loss) for the period | 9904 | €49,201 | €59,760 | +€10,559 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,201 | €59,760 | +€10,559 | +21.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.