OPTIQUE ARNOULD: 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.
OPTIQUE ARNOULD
Largest movements
- Tangible fixed assets -€3,273
down €3,273 (-25.2%), from €12,987 to €9,714
of which Plant, machinery and equipment: -€3,130
- Stocks and contracts -€2,496
down €2,496 (-10.2%), from €24,417 to €21,921
- Other debts -€11,021
down €11,021 (-94.9%), from €11,609 to €588
- Reserves +€6,000
up €6,000 (+34.2%), from €17,540 to €23,540
- Tax, wage and social debts -€2,869
down €2,869 (-74.9%), from €3,830 to €961
of which Taxes: -€3,138
- Trade debts +€1,958
up €1,958 (+32.5%), from €6,033 to €7,991
- Gross operating margin -€7,753
down €7,753 (-35.2%), from €21,998 to €14,245
- Staff costs +€1,076
new in 2025: €1,076
- Taxes -€922
down €922 (-27.1%), from €3,398 to €2,476
- Financial income +€234
up €234 (+4,680%), from €5 to €239
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 | €78,597 | €72,693 | -€5,904 | -7.5% |
| Fixed assets | 21/28 | €12,987 | €9,714 | -€3,273 | -25.2% |
| Tangible fixed assets | 22/27 | €12,987 | €9,714 | -€3,273 | -25.2% |
| Plant, machinery and equipment | 23 | €12,663 | €9,533 | -€3,130 | -24.7% |
| Furniture and vehicles | 24 | €324 | €181 | -€143 | -44.1% |
| Current assets | 29/58 | €65,610 | €62,979 | -€2,631 | -4.0% |
| Stocks and contracts in progress | 3 | €24,417 | €21,921 | -€2,496 | -10.2% |
| Stocks | 30/36 | €24,417 | €21,921 | -€2,496 | -10.2% |
| Amounts receivable within one year | 40/41 | €3,594 | €3,084 | -€510 | -14.2% |
| Trade receivables | 40 | €71 | €544 | +€473 | +666% |
| Other amounts receivable | 41 | €3,523 | €2,540 | -€983 | -27.9% |
| Cash at bank and in hand | 54/58 | €36,605 | €36,210 | -€395 | -1.1% |
| Deferred charges and accrued income | 490/1 | €994 | €1,764 | +€770 | +77.5% |
| Total equity and liabilities | 10/49 | €78,597 | €72,693 | -€5,904 | -7.5% |
| Equity | 10/15 | €57,125 | €63,153 | +€6,028 | +10.6% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €17,540 | €23,540 | +€6,000 | +34.2% |
| Distributable reserves | 133 | €17,540 | €23,540 | +€6,000 | +34.2% |
| Profit (loss) carried forward | 14 | €25,385 | €25,413 | +€28 | +0.1% |
| Amounts payable | 17/49 | €21,472 | €9,540 | -€11,932 | -55.6% |
| Amounts payable within one year | 42/48 | €21,472 | €9,540 | -€11,932 | -55.6% |
| Trade debts | 44 | €6,033 | €7,991 | +€1,958 | +32.5% |
| Suppliers | 440/4 | €6,033 | €7,991 | +€1,958 | +32.5% |
| Taxes, remuneration and social security | 45 | €3,830 | €961 | -€2,869 | -74.9% |
| Taxes | 450/3 | €3,830 | €692 | -€3,138 | -81.9% |
| Remuneration and social security | 454/9 | - | €269 | +€269 | |
| Other amounts payable | 47/48 | €11,609 | €588 | -€11,021 | -94.9% |
| Non-recurring operating income | 76A | €16,257 | €11,627 | -€4,630 | -28.5% |
| Remuneration, social security and pensions | 62 | - | €1,076 | +€1,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,529 | €3,603 | +€74 | +2.1% |
| Other operating charges | 640/8 | €756 | €863 | +€107 | +14.2% |
| Non-recurring operating charges | 66A | €136 | - | -€136 | |
| Gross operating margin | 9900 | €21,998 | €14,245 | -€7,753 | -35.2% |
| Operating profit (loss) | 9901 | €17,577 | €8,703 | -€8,874 | -50.5% |
| Financial income | 75/76B | €5 | €239 | +€234 | +4,680% |
| Recurring financial income | 75 | €5 | €239 | +€234 | +4,680% |
| Financial charges | 65/66B | €306 | €438 | +€132 | +43.1% |
| Recurring financial charges | 65 | €306 | €438 | +€132 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €17,276 | €8,504 | -€8,772 | -50.8% |
| Income taxes | 67/77 | €3,398 | €2,476 | -€922 | -27.1% |
| Profit (loss) for the period | 9904 | €13,878 | €6,028 | -€7,850 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,878 | €6,028 | -€7,850 | -56.6% |
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 17 October 2026 via checked.be.