OPTIQUE BRENNET: 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 BRENNET
Largest movements
- Tangible fixed assets +€33,384
up €33,384 (+11.7%), from €285,023 to €318,407
of which Plant, machinery and equipment: +€44,259
- Stocks and contracts +€8,612
up €8,612 (+11.8%), from €72,900 to €81,512
- Trade debts +€39,541
up €39,541 (+63.0%), from €62,784 to €102,325
- Reserves -€25,167
down €25,167 (-19.7%), from €127,555 to €102,389
of which Distributable reserves: -€25,167
- Other debts +€22,103
up €22,103 (+684%), from €3,232 to €25,335
- Debts after one year +€16,208
up €16,208 (+10.1%), from €160,980 to €177,188
- Current portion of long-term debt +€9,796
up €9,796 (+47.8%), from €20,496 to €30,292
- Taxes +€46,484
up €46,484 (+370%), from €12,551 to €59,034
- Gross operating margin +€25,870
up €25,870 (+18.6%), from €139,180 to €165,050
- Other operating charges +€9,989
up €9,989 (+400%), from €2,498 to €12,487
- Staff costs +€9,070
up €9,070 (+13.0%), from €70,012 to €79,083
- Depreciation -€2,512
down €2,512 (-13.5%), from €18,667 to €16,156
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 | €457,939 | €507,965 | +€50,026 | +10.9% |
| Fixed assets | 21/28 | €285,235 | €318,869 | +€33,634 | +11.8% |
| Tangible fixed assets | 22/27 | €285,023 | €318,407 | +€33,384 | +11.7% |
| Land and buildings | 22 | €282,354 | €271,879 | -€10,475 | -3.7% |
| Plant, machinery and equipment | 23 | €1,679 | €45,938 | +€44,259 | +2,635% |
| Furniture and vehicles | 24 | €989 | €589 | -€400 | -40.4% |
| Financial fixed assets | 28 | €212 | €462 | +€250 | +118% |
| Current assets | 29/58 | €172,704 | €189,096 | +€16,392 | +9.5% |
| Stocks and contracts in progress | 3 | €72,900 | €81,512 | +€8,612 | +11.8% |
| Stocks | 30/36 | €72,900 | €81,512 | +€8,612 | +11.8% |
| Amounts receivable within one year | 40/41 | €22,382 | €27,235 | +€4,854 | +21.7% |
| Trade receivables | 40 | €6,080 | €13,163 | +€7,083 | +116% |
| Other amounts receivable | 41 | €16,301 | €14,072 | -€2,229 | -13.7% |
| Cash at bank and in hand | 54/58 | €74,488 | €76,030 | +€1,542 | +2.1% |
| Deferred charges and accrued income | 490/1 | €2,935 | €4,319 | +€1,384 | +47.2% |
| Total equity and liabilities | 10/49 | €457,939 | €507,965 | +€50,026 | +10.9% |
| Equity | 10/15 | €147,555 | €113,406 | -€34,150 | -23.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €127,555 | €102,389 | -€25,167 | -19.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €125,555 | €100,389 | -€25,167 | -20.0% |
| Profit (loss) carried forward | 14 | - | -€8,983 | -€8,983 | |
| Amounts payable | 17/49 | €310,384 | €394,560 | +€84,176 | +27.1% |
| Amounts payable after more than one year | 17 | €160,980 | €177,188 | +€16,208 | +10.1% |
| Financial debts | 170/4 | €160,980 | €177,188 | +€16,208 | +10.1% |
| Amounts payable within one year | 42/48 | €149,219 | €217,228 | +€68,009 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | €20,496 | €30,292 | +€9,796 | +47.8% |
| Trade debts | 44 | €62,784 | €102,325 | +€39,541 | +63.0% |
| Suppliers | 440/4 | €62,784 | €102,325 | +€39,541 | +63.0% |
| Taxes, remuneration and social security | 45 | €62,707 | €59,276 | -€3,431 | -5.5% |
| Taxes | 450/3 | €46,901 | €52,069 | +€5,168 | +11.0% |
| Remuneration and social security | 454/9 | €15,806 | €7,207 | -€8,599 | -54.4% |
| Other amounts payable | 47/48 | €3,232 | €25,335 | +€22,103 | +684% |
| Accrued charges and deferred income | 492/3 | €186 | €144 | -€42 | -22.6% |
| Non-recurring operating income | 76A | €1,193 | - | -€1,193 | |
| Remuneration, social security and pensions | 62 | €70,012 | €79,083 | +€9,070 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,667 | €16,156 | -€2,512 | -13.5% |
| Other operating charges | 640/8 | €2,498 | €12,487 | +€9,989 | +400% |
| Gross operating margin | 9900 | €139,180 | €165,050 | +€25,870 | +18.6% |
| Operating profit (loss) | 9901 | €48,002 | €57,325 | +€9,322 | +19.4% |
| Financial income | 75/76B | €2,692 | €1,444 | -€1,249 | -46.4% |
| Recurring financial income | 75 | €2,692 | €1,407 | -€1,286 | -47.8% |
| Non-recurring financial income | 76B | - | €37 | +€37 | |
| Financial charges | 65/66B | €10,118 | €8,717 | -€1,401 | -13.9% |
| Recurring financial charges | 65 | €8,834 | €7,658 | -€1,176 | -13.3% |
| Non-recurring financial charges | 66B | €1,284 | €1,058 | -€226 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €40,576 | €50,051 | +€9,475 | +23.4% |
| Income taxes | 67/77 | €12,551 | €59,034 | +€46,484 | +370% |
| Profit (loss) for the period | 9904 | €28,026 | -€8,983 | -€37,009 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,026 | -€8,983 | -€37,009 |
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 13 October 2026 via checked.be.