OPTIO: 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.
OPTIO
Largest movements
- Cash -€58,195
down €58,195 (-15.0%), from €387,491 to €329,295
mainly Receivables within one year (-€50,169) and Tax, wage and social debts (-€47,751)
- Receivables within one year +€50,169
up €50,169 (+158.0%), from €31,748 to €81,917
of which Trade receivables: +€67,575
- Tangible fixed assets -€16,296
down €16,296 (-11.2%), from €144,937 to €128,641
of which Land and buildings: -€14,945
- Reserves +€54,750
up €54,750 (+17.6%), from €311,850 to €366,600
- Tax, wage and social debts -€47,751
down €47,751 (-74.7%), from €63,881 to €16,130
of which Taxes: -€48,041
- Debts after one year -€20,250
down €20,250 (-20.6%), from €98,203 to €77,953
- Other debts -€7,372
down €7,372 (-23.4%), from €31,500 to €24,128
- Current portion of long-term debt -€6,074
down €6,074 (-16.7%), from €36,420 to €30,346
- Gross operating margin +€33,963
up €33,963 (+17.6%), from €192,534 to €226,497
- Taxes +€9,019
up €9,019 (+41.9%), from €21,503 to €30,522
- Staff costs +€2,333
up €2,333 (+3.2%), from €73,528 to €75,861
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 | €572,576 | €546,224 | -€26,352 | -4.6% |
| Fixed assets | 21/28 | €150,796 | €132,533 | -€18,263 | -12.1% |
| Intangible fixed assets | 21 | €5,298 | €3,892 | -€1,406 | -26.5% |
| Tangible fixed assets | 22/27 | €144,937 | €128,641 | -€16,296 | -11.2% |
| Land and buildings | 22 | €104,615 | €89,670 | -€14,945 | -14.3% |
| Plant, machinery and equipment | 23 | €4,360 | €14,788 | +€10,427 | +239.1% |
| Furniture and vehicles | 24 | €30,402 | €21,911 | -€8,491 | -27.9% |
| Other tangible fixed assets | 26 | €5,559 | €2,272 | -€3,287 | -59.1% |
| Financial fixed assets | 28 | €562 | - | -€562 | |
| Current assets | 29/58 | €421,780 | €413,691 | -€8,089 | -1.9% |
| Amounts receivable within one year | 40/41 | €31,748 | €81,917 | +€50,169 | +158.0% |
| Trade receivables | 40 | €1,402 | €68,977 | +€67,575 | +4818.4% |
| Other amounts receivable | 41 | €30,346 | €12,940 | -€17,406 | -57.4% |
| Cash at bank and in hand | 54/58 | €387,491 | €329,295 | -€58,195 | -15.0% |
| Deferred charges and accrued income | 490/1 | €2,541 | €2,479 | -€62 | -2.5% |
| Total equity and liabilities | 10/49 | €572,576 | €546,224 | -€26,352 | -4.6% |
| Equity | 10/15 | €332,102 | €386,970 | +€54,868 | +16.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €311,850 | €366,600 | +€54,750 | +17.6% |
| Distributable reserves | 133 | €311,850 | €366,600 | +€54,750 | +17.6% |
| Profit (loss) carried forward | 14 | €252 | €370 | +€118 | +46.9% |
| Amounts payable | 17/49 | €240,474 | €159,254 | -€81,220 | -33.8% |
| Amounts payable after more than one year | 17 | €98,203 | €77,953 | -€20,250 | -20.6% |
| Financial debts | 170/4 | €98,203 | €77,953 | -€20,250 | -20.6% |
| Amounts payable within one year | 42/48 | €137,433 | €76,242 | -€61,191 | -44.5% |
| Current portion of amounts payable after more than one year | 42 | €36,420 | €30,346 | -€6,074 | -16.7% |
| Trade debts | 44 | €5,632 | €5,638 | +€6 | +0.1% |
| Suppliers | 440/4 | €5,632 | €5,638 | +€6 | +0.1% |
| Taxes, remuneration and social security | 45 | €63,881 | €16,130 | -€47,751 | -74.7% |
| Taxes | 450/3 | €55,766 | €7,725 | -€48,041 | -86.1% |
| Remuneration and social security | 454/9 | €8,114 | €8,405 | +€291 | +3.6% |
| Other amounts payable | 47/48 | €31,500 | €24,128 | -€7,372 | -23.4% |
| Accrued charges and deferred income | 492/3 | €4,839 | €5,059 | +€220 | +4.6% |
| Remuneration, social security and pensions | 62 | €73,528 | €75,861 | +€2,333 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,769 | €36,213 | +€444 | +1.2% |
| Other operating charges | 640/8 | €3,398 | €3,698 | +€299 | +8.8% |
| Gross operating margin | 9900 | €192,534 | €226,497 | +€33,963 | +17.6% |
| Operating profit (loss) | 9901 | €79,839 | €110,726 | +€30,887 | +38.7% |
| Financial charges | 65/66B | €3,478 | €2,836 | -€642 | -18.5% |
| Recurring financial charges | 65 | €3,478 | €2,836 | -€642 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €76,361 | €107,890 | +€31,529 | +41.3% |
| Income taxes | 67/77 | €21,503 | €30,522 | +€9,019 | +41.9% |
| Profit (loss) for the period | 9904 | €54,858 | €77,368 | +€22,510 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,858 | €77,368 | +€22,510 | +41.0% |
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 8 October 2026 via checked.be.