OPTIMUM REBUILD: 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 REBUILD
Largest movements
- Receivables within one year -€5,707
down €5,707 (-33.2%), from €17,190 to €11,483
of which Trade receivables: -€3,308
- Cash +€994
up €994 (+32.8%), from €3,026 to €4,020
mainly Receivables within one year (+€5,707) and Trade debts (+€1,927)
- Current investments -€658
down €658 (-4.3%), from €15,374 to €14,716
- Tangible fixed assets +€514
up €514 (+16.6%), from €3,095 to €3,609
of which Plant, machinery and equipment: +€1,162
- Other debts -€4,818
down €4,818 (-52.3%), from €9,205 to €4,386
- Tax, wage and social debts -€2,651
down €2,651 (-39.5%), from €6,717 to €4,066
- Trade debts +€1,927
up €1,927 (+31.9%), from €6,044 to €7,971
- Accrued charges and deferred income +€1,000
up €1,000 (+80.0%), from €1,250 to €2,250
- Profit (loss) carried forward -€610
new in 2025: -€610
- Gross operating margin -€4,586
down €4,586 (-37.3%), from €12,294 to €7,707
- Other operating charges +€1,534
up €1,534 (+77.6%), from €1,977 to €3,511
- Taxes -€1,232
down €1,232 (-26.2%), from €4,698 to €3,466
- Financial income -€940
down €940 (-76.8%), from €1,224 to €284
- Financial charges +€360
up €360 (+357%), from €101 to €461
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 | €41,490 | €36,338 | -€5,152 | -12.4% |
| Fixed assets | 21/28 | €3,095 | €3,609 | +€514 | +16.6% |
| Tangible fixed assets | 22/27 | €3,095 | €3,609 | +€514 | +16.6% |
| Land and buildings | 22 | €341 | €179 | -€162 | -47.4% |
| Plant, machinery and equipment | 23 | €1,221 | €2,383 | +€1,162 | +95.1% |
| Furniture and vehicles | 24 | €1,533 | €1,046 | -€486 | -31.7% |
| Current assets | 29/58 | €38,395 | €32,729 | -€5,666 | -14.8% |
| Amounts receivable within one year | 40/41 | €17,190 | €11,483 | -€5,707 | -33.2% |
| Trade receivables | 40 | €14,215 | €10,907 | -€3,308 | -23.3% |
| Other amounts receivable | 41 | €2,975 | €576 | -€2,399 | -80.6% |
| Current investments | 50/53 | €15,374 | €14,716 | -€658 | -4.3% |
| Cash at bank and in hand | 54/58 | €3,026 | €4,020 | +€994 | +32.8% |
| Deferred charges and accrued income | 490/1 | €2,805 | €2,510 | -€295 | -10.5% |
| Total equity and liabilities | 10/49 | €41,490 | €36,338 | -€5,152 | -12.4% |
| Equity | 10/15 | €18,274 | €17,665 | -€610 | -3.3% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €14,674 | €14,674 | = | 0.0% |
| Distributable reserves | 133 | €14,674 | €14,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€610 | -€610 | |
| Amounts payable | 17/49 | €23,216 | €18,673 | -€4,542 | -19.6% |
| Amounts payable within one year | 42/48 | €21,966 | €16,423 | -€5,542 | -25.2% |
| Trade debts | 44 | €6,044 | €7,971 | +€1,927 | +31.9% |
| Suppliers | 440/4 | €6,044 | €7,971 | +€1,927 | +31.9% |
| Taxes, remuneration and social security | 45 | €6,717 | €4,066 | -€2,651 | -39.5% |
| Taxes | 450/3 | €6,717 | €4,066 | -€2,651 | -39.5% |
| Other amounts payable | 47/48 | €9,205 | €4,386 | -€4,818 | -52.3% |
| Accrued charges and deferred income | 492/3 | €1,250 | €2,250 | +€1,000 | +80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,008 | €1,164 | +€156 | +15.5% |
| Other operating charges | 640/8 | €1,977 | €3,511 | +€1,534 | +77.6% |
| Gross operating margin | 9900 | €12,294 | €7,707 | -€4,586 | -37.3% |
| Operating profit (loss) | 9901 | €9,309 | €3,032 | -€6,277 | -67.4% |
| Financial income | 75/76B | €1,224 | €284 | -€940 | -76.8% |
| Recurring financial income | 75 | €1,224 | €284 | -€940 | -76.8% |
| Financial charges | 65/66B | €101 | €461 | +€360 | +357% |
| Recurring financial charges | 65 | €101 | €461 | +€360 | +357% |
| Profit (loss) for the period before taxes | 9903 | €10,432 | €2,856 | -€7,576 | -72.6% |
| Income taxes | 67/77 | €4,698 | €3,466 | -€1,232 | -26.2% |
| Profit (loss) for the period | 9904 | €5,734 | -€610 | -€6,344 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,734 | -€610 | -€6,344 |
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 24 October 2026 via checked.be.