OPTINAM: 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.
OPTINAM
Largest movements
- Tangible fixed assets -€27,857
down €27,857 (-21.0%), from €132,641 to €104,784
of which Other tangible fixed assets: -€21,599
- Cash -€4,263
down €4,263 (-49.0%), from €8,692 to €4,430
mainly Debts after one year (-€39,483) and Net result for the year (-€37,609)
- Stocks and contracts -€2,484
down €2,484 (-2.8%), from €87,195 to €84,711
- Trade debts +€57,184
up €57,184 (+112%), from €50,871 to €108,056
- Debts after one year -€39,483
down €39,483 (-61.8%), from €63,873 to €24,390
- Profit (loss) carried forward -€37,609
down €37,609, from €2,981 to -€34,629
- Tax, wage and social debts -€19,707
down €19,707 (-73.3%), from €26,871 to €7,165
of which Remuneration and social security: -€14,791
- Short-term financial debts +€5,174
up €5,174 (+34.9%), from €14,826 to €20,000
- Gross operating margin -€72,135
down €72,135 (-36.2%), from €199,187 to €127,052
- Staff costs -€28,334
down €28,334 (-17.8%), from €158,967 to €130,633
- Depreciation -€5,664
down €5,664 (-16.9%), from €33,520 to €27,857
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 | €248,120 | €213,697 | -€34,423 | -13.9% |
| Fixed assets | 21/28 | €148,623 | €120,766 | -€27,857 | -18.7% |
| Tangible fixed assets | 22/27 | €132,641 | €104,784 | -€27,857 | -21.0% |
| Plant, machinery and equipment | 23 | €1,299 | €688 | -€611 | -47.0% |
| Furniture and vehicles | 24 | €26,727 | €21,080 | -€5,647 | -21.1% |
| Other tangible fixed assets | 26 | €104,614 | €83,015 | -€21,599 | -20.6% |
| Financial fixed assets | 28 | €15,983 | €15,983 | = | 0.0% |
| Current assets | 29/58 | €99,497 | €92,931 | -€6,566 | -6.6% |
| Stocks and contracts in progress | 3 | €87,195 | €84,711 | -€2,484 | -2.8% |
| Stocks | 30/36 | €87,195 | €84,711 | -€2,484 | -2.8% |
| Amounts receivable within one year | 40/41 | €3,084 | €3,696 | +€613 | +19.9% |
| Trade receivables | 40 | €3,084 | €1,168 | -€1,915 | -62.1% |
| Other amounts receivable | 41 | - | €2,528 | +€2,528 | |
| Cash at bank and in hand | 54/58 | €8,692 | €4,430 | -€4,263 | -49.0% |
| Deferred charges and accrued income | 490/1 | €526 | €95 | -€431 | -82.0% |
| Total equity and liabilities | 10/49 | €248,120 | €213,697 | -€34,423 | -13.9% |
| Equity | 10/15 | €17,981 | -€19,629 | -€37,609 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,981 | -€34,629 | -€37,609 | |
| Amounts payable | 17/49 | €230,139 | €233,326 | +€3,187 | +1.4% |
| Amounts payable after more than one year | 17 | €63,873 | €24,390 | -€39,483 | -61.8% |
| Financial debts | 170/4 | €63,873 | €24,390 | -€39,483 | -61.8% |
| Amounts payable within one year | 42/48 | €166,266 | €208,553 | +€42,286 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €40,849 | €40,483 | -€366 | -0.9% |
| Financial debts | 43 | €14,826 | €20,000 | +€5,174 | +34.9% |
| Credit institutions | 430/8 | €14,826 | €20,000 | +€5,174 | +34.9% |
| Trade debts | 44 | €50,871 | €108,056 | +€57,184 | +112% |
| Suppliers | 440/4 | €50,871 | €108,056 | +€57,184 | +112% |
| Taxes, remuneration and social security | 45 | €26,871 | €7,165 | -€19,707 | -73.3% |
| Taxes | 450/3 | €4,915 | - | -€4,915 | |
| Remuneration and social security | 454/9 | €21,956 | €7,165 | -€14,791 | -67.4% |
| Other amounts payable | 47/48 | €32,849 | €32,849 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €384 | +€384 | |
| Remuneration, social security and pensions | 62 | €158,967 | €130,633 | -€28,334 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,520 | €27,857 | -€5,664 | -16.9% |
| Other operating charges | 640/8 | €1,631 | €1,138 | -€492 | -30.2% |
| Gross operating margin | 9900 | €199,187 | €127,052 | -€72,135 | -36.2% |
| Operating profit (loss) | 9901 | €5,069 | -€32,576 | -€37,645 | |
| Financial income | 75/76B | €377 | €198 | -€179 | -47.4% |
| Recurring financial income | 75 | €377 | €198 | -€179 | -47.4% |
| Financial charges | 65/66B | €4,828 | €4,903 | +€75 | +1.6% |
| Recurring financial charges | 65 | €4,828 | €4,903 | +€75 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €619 | -€37,281 | -€37,900 | |
| Income taxes | 67/77 | €64 | €328 | +€264 | +414% |
| Profit (loss) for the period | 9904 | €555 | -€37,609 | -€38,164 | |
| Profit (loss) for the period to be appropriated | 9905 | €555 | -€37,609 | -€38,164 |
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 20 October 2026 via checked.be.