OPTIPOOL: 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.
OPTIPOOL
Largest movements
- Receivables within one year -€18,808
down €18,808 (-20.2%), from €93,134 to €74,326
of which Trade receivables: -€17,566
- Tangible fixed assets -€4,723
down €4,723 (-20.2%), from €23,349 to €18,627
of which Other tangible fixed assets: -€4,588
- Cash -€2,817
no longer reported in 2025 (was €2,817)
mainly Trade debts (-€50,259) and Investment in fixed assets (net) (-€5,410)
- Stocks and contracts +€1,611
up €1,611 (+9.7%), from €16,601 to €18,212
- Trade debts -€50,259
down €50,259 (-72.9%), from €68,984 to €18,726
- Short-term financial debts +€11,908
new in 2025: €11,908
- Reserves +€11,868
up €11,868 (+95.8%), from €12,394 to €24,261
of which Distributable reserves: +€11,868
- Other debts +€6,528
up €6,528 (+29.4%), from €22,219 to €28,747
- Debts after one year -€4,467
no longer reported in 2025 (was €4,467)
- Gross operating margin +€7,864
up €7,864 (+36.6%), from €21,473 to €29,337
- Depreciation -€1,304
down €1,304 (-11.4%), from €11,436 to €10,132
- Taxes +€1,192
up €1,192 (+855%), from €140 to €1,332
- Financial income +€549
up €549 (+29,351%), from €2 to €551
- Financial charges -€523
down €523 (-12.4%), from €4,231 to €3,707
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 | €137,041 | €112,351 | -€24,689 | -18.0% |
| Fixed assets | 21/28 | €23,349 | €18,627 | -€4,723 | -20.2% |
| Tangible fixed assets | 22/27 | €23,349 | €18,627 | -€4,723 | -20.2% |
| Plant, machinery and equipment | 23 | €7,524 | €5,154 | -€2,369 | -31.5% |
| Furniture and vehicles | 24 | - | €2,235 | +€2,235 | |
| Other tangible fixed assets | 26 | €15,825 | €11,237 | -€4,588 | -29.0% |
| Current assets | 29/58 | €113,692 | €93,725 | -€19,967 | -17.6% |
| Stocks and contracts in progress | 3 | €16,601 | €18,212 | +€1,611 | +9.7% |
| Stocks | 30/36 | €16,601 | €18,212 | +€1,611 | +9.7% |
| Amounts receivable within one year | 40/41 | €93,134 | €74,326 | -€18,808 | -20.2% |
| Trade receivables | 40 | €91,783 | €74,216 | -€17,566 | -19.1% |
| Other amounts receivable | 41 | €1,352 | €110 | -€1,242 | -91.9% |
| Cash at bank and in hand | 54/58 | €2,817 | - | -€2,817 | |
| Deferred charges and accrued income | 490/1 | €1,140 | €1,186 | +€46 | +4.1% |
| Total equity and liabilities | 10/49 | €137,041 | €112,351 | -€24,689 | -18.0% |
| Equity | 10/15 | €30,994 | €42,861 | +€11,868 | +38.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,394 | €24,261 | +€11,868 | +95.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,534 | €22,401 | +€11,868 | +113% |
| Amounts payable | 17/49 | €106,047 | €69,490 | -€36,557 | -34.5% |
| Amounts payable after more than one year | 17 | €4,467 | - | -€4,467 | |
| Financial debts | 170/4 | €4,467 | - | -€4,467 | |
| Amounts payable within one year | 42/48 | €100,038 | €67,686 | -€32,353 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €8,564 | €4,467 | -€4,098 | -47.8% |
| Financial debts | 43 | - | €11,908 | +€11,908 | |
| Credit institutions | 430/8 | - | €11,908 | +€11,908 | |
| Trade debts | 44 | €68,984 | €18,726 | -€50,259 | -72.9% |
| Suppliers | 440/4 | €68,984 | €18,726 | -€50,259 | -72.9% |
| Taxes, remuneration and social security | 45 | €271 | €3,839 | +€3,568 | +1,316% |
| Taxes | 450/3 | €271 | €3,839 | +€3,568 | +1,316% |
| Other amounts payable | 47/48 | €22,219 | €28,747 | +€6,528 | +29.4% |
| Accrued charges and deferred income | 492/3 | €1,542 | €1,804 | +€263 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,436 | €10,132 | -€1,304 | -11.4% |
| Other operating charges | 640/8 | €2,847 | €2,848 | +€1 | 0.0% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €21,473 | €29,337 | +€7,864 | +36.6% |
| Operating profit (loss) | 9901 | €6,690 | €16,356 | +€9,666 | +144% |
| Financial income | 75/76B | €2 | €551 | +€549 | +29,351% |
| Recurring financial income | 75 | €2 | €551 | +€549 | +29,351% |
| Financial charges | 65/66B | €4,231 | €3,707 | -€523 | -12.4% |
| Recurring financial charges | 65 | €4,231 | €3,707 | -€523 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €2,461 | €13,199 | +€10,738 | +436% |
| Income taxes | 67/77 | €140 | €1,332 | +€1,192 | +855% |
| Profit (loss) for the period | 9904 | €2,322 | €11,868 | +€9,546 | +411% |
| Profit (loss) for the period to be appropriated | 9905 | €2,322 | €11,868 | +€9,546 | +411% |
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 26 October 2026 via checked.be.