OPTIQUE CASTERMANS: 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.
OPTIQUE CASTERMANS
Largest movements
- Tangible fixed assets -€11,770
down €11,770 (-24.5%), from €48,022 to €36,252
of which Plant, machinery and equipment: -€10,492
- Cash -€4,243
down €4,243 (-25.3%), from €16,758 to €12,515
mainly Debts after one year (-€21,414) and Investment in fixed assets (net) (-€1,495)
- Stocks and contracts -€2,583
down €2,583 (-7.3%), from €35,414 to €32,831
- Receivables within one year -€2,170
down €2,170 (-53.4%), from €4,061 to €1,891
- Deferred charges and accrued income +€1,331
new in 2025: €1,331
- Debts after one year -€21,414
down €21,414 (-34.1%), from €62,764 to €41,350
of which Financial debts: -€13,292
- Staff costs +€4,970
new in 2025: €4,970
- Financial charges -€988
down €988 (-27.4%), from €3,610 to €2,622
- Gross operating margin -€840
down €840 (-3.5%), from €23,972 to €23,132
- Taxes +€474
up €474 (+76.5%), from €620 to €1,094
- Depreciation +€409
up €409 (+3.1%), from €13,083 to €13,491
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 | €105,019 | €85,357 | -€19,661 | -18.7% |
| Formation expenses | 20 | €763 | €537 | -€226 | -29.6% |
| Fixed assets | 21/28 | €48,022 | €36,252 | -€11,770 | -24.5% |
| Tangible fixed assets | 22/27 | €48,022 | €36,252 | -€11,770 | -24.5% |
| Plant, machinery and equipment | 23 | €39,143 | €28,651 | -€10,492 | -26.8% |
| Furniture and vehicles | 24 | €719 | €381 | -€337 | -46.9% |
| Other tangible fixed assets | 26 | €8,160 | €7,219 | -€941 | -11.5% |
| Current assets | 29/58 | €56,234 | €48,568 | -€7,665 | -13.6% |
| Stocks and contracts in progress | 3 | €35,414 | €32,831 | -€2,583 | -7.3% |
| Stocks | 30/36 | €35,414 | €32,831 | -€2,583 | -7.3% |
| Amounts receivable within one year | 40/41 | €4,061 | €1,891 | -€2,170 | -53.4% |
| Trade receivables | 40 | €4,061 | €1,891 | -€2,170 | -53.4% |
| Cash at bank and in hand | 54/58 | €16,758 | €12,515 | -€4,243 | -25.3% |
| Deferred charges and accrued income | 490/1 | - | €1,331 | +€1,331 | |
| Total equity and liabilities | 10/49 | €105,019 | €85,357 | -€19,661 | -18.7% |
| Equity | 10/15 | €11,085 | €12,074 | +€988 | +8.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,085 | €4,074 | +€988 | +32.0% |
| Amounts payable | 17/49 | €93,933 | €73,283 | -€20,650 | -22.0% |
| Amounts payable after more than one year | 17 | €62,764 | €41,350 | -€21,414 | -34.1% |
| Financial debts | 170/4 | €37,721 | €24,429 | -€13,292 | -35.2% |
| Trade debts | 175 | €25,043 | €16,921 | -€8,122 | -32.4% |
| Amounts payable within one year | 42/48 | €31,028 | €31,815 | +€788 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €22,200 | €22,620 | +€419 | +1.9% |
| Trade debts | 44 | €1,588 | €1,019 | -€569 | -35.9% |
| Suppliers | 440/4 | €1,588 | €1,019 | -€569 | -35.9% |
| Taxes, remuneration and social security | 45 | €3,366 | €3,311 | -€55 | -1.6% |
| Taxes | 450/3 | €2,466 | €2,724 | +€258 | +10.5% |
| Remuneration and social security | 454/9 | €900 | €587 | -€313 | -34.8% |
| Other amounts payable | 47/48 | €3,874 | €4,866 | +€993 | +25.6% |
| Accrued charges and deferred income | 492/3 | €142 | €118 | -€24 | -16.9% |
| Remuneration, social security and pensions | 62 | - | €4,970 | +€4,970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,083 | €13,491 | +€409 | +3.1% |
| Other operating charges | 640/8 | €112 | €232 | +€120 | +107.4% |
| Gross operating margin | 9900 | €23,972 | €23,132 | -€840 | -3.5% |
| Operating profit (loss) | 9901 | €10,777 | €4,438 | -€6,339 | -58.8% |
| Financial income | 75/76B | €361 | €266 | -€94 | -26.1% |
| Recurring financial income | 75 | €361 | €266 | -€94 | -26.1% |
| Financial charges | 65/66B | €3,610 | €2,622 | -€988 | -27.4% |
| Recurring financial charges | 65 | €3,610 | €2,622 | -€988 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €7,528 | €2,083 | -€5,446 | -72.3% |
| Income taxes | 67/77 | €620 | €1,094 | +€474 | +76.5% |
| Profit (loss) for the period | 9904 | €6,908 | €988 | -€5,920 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,908 | €988 | -€5,920 | -85.7% |
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 4 October 2026 via checked.be.