OPTIQUE DE FRE: 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 DE FRE
Largest movements
- Cash +€25,928
up €25,928 (+27.6%), from €93,784 to €119,712
mainly Net result for the year (+€11,773) and Stocks and contracts (+€9,651)
- Stocks and contracts -€9,651
down €9,651 (-49.7%), from €19,437 to €9,786
- Receivables within one year -€2,754
down €2,754 (-86.8%), from €3,172 to €418
of which Other amounts receivable: -€2,386
- Deferred charges and accrued income -€2,550
no longer reported in 2025 (was €2,550)
- Reserves +€11,700
up €11,700 (+28.3%), from €41,378 to €53,078
of which Distributable reserves: +€11,700
- Accrued charges and deferred income -€3,776
no longer reported in 2025 (was €3,776)
- Other debts +€2,241
up €2,241 (+6.6%), from €34,154 to €36,395
- Gross operating margin -€8,077
down €8,077 (-30.1%), from €26,805 to €18,728
- Financial charges -€2,821
down €2,821 (-97.1%), from €2,905 to €84
- Taxes -€2,032
down €2,032 (-22.8%), from €8,920 to €6,888
- Financial income +€555
up €555 (+474.3%), from €117 to €672
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 | €120,072 | €130,917 | +€10,846 | +9.0% |
| Fixed assets | 21/28 | €1,129 | €1,002 | -€127 | -11.3% |
| Tangible fixed assets | 22/27 | €366 | €239 | -€127 | -34.8% |
| Furniture and vehicles | 24 | €366 | €239 | -€127 | -34.8% |
| Financial fixed assets | 28 | €763 | €763 | = | 0.0% |
| Current assets | 29/58 | €118,943 | €129,916 | +€10,973 | +9.2% |
| Stocks and contracts in progress | 3 | €19,437 | €9,786 | -€9,651 | -49.7% |
| Stocks | 30/36 | €19,437 | €9,786 | -€9,651 | -49.7% |
| Amounts receivable within one year | 40/41 | €3,172 | €418 | -€2,754 | -86.8% |
| Trade receivables | 40 | €786 | €418 | -€368 | -46.8% |
| Other amounts receivable | 41 | €2,386 | - | -€2,386 | |
| Cash at bank and in hand | 54/58 | €93,784 | €119,712 | +€25,928 | +27.6% |
| Deferred charges and accrued income | 490/1 | €2,550 | - | -€2,550 | |
| Total equity and liabilities | 10/49 | €120,072 | €130,917 | +€10,846 | +9.0% |
| Equity | 10/15 | €56,857 | €68,630 | +€11,773 | +20.7% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €41,378 | €53,078 | +€11,700 | +28.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €39,519 | €51,219 | +€11,700 | +29.6% |
| Profit (loss) carried forward | 14 | €3,084 | €3,157 | +€73 | +2.4% |
| Amounts payable | 17/49 | €63,214 | €62,287 | -€927 | -1.5% |
| Amounts payable within one year | 42/48 | €59,438 | €62,287 | +€2,849 | +4.8% |
| Financial debts | 43 | €3 | €3 | = | 0.0% |
| Other loans | 439 | €3 | €3 | = | 0.0% |
| Trade debts | 44 | €18,041 | €17,631 | -€411 | -2.3% |
| Suppliers | 440/4 | €18,041 | €17,631 | -€411 | -2.3% |
| Taxes, remuneration and social security | 45 | €7,240 | €8,259 | +€1,018 | +14.1% |
| Taxes | 450/3 | €7,240 | €8,259 | +€1,018 | +14.1% |
| Other amounts payable | 47/48 | €34,154 | €36,395 | +€2,241 | +6.6% |
| Accrued charges and deferred income | 492/3 | €3,776 | - | -€3,776 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127 | €127 | = | 0.0% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.4% |
| Gross operating margin | 9900 | €26,805 | €18,728 | -€8,077 | -30.1% |
| Operating profit (loss) | 9901 | €26,167 | €18,073 | -€8,094 | -30.9% |
| Financial income | 75/76B | €117 | €672 | +€555 | +474.3% |
| Recurring financial income | 75 | €117 | €672 | +€555 | +474.3% |
| Financial charges | 65/66B | €2,905 | €84 | -€2,821 | -97.1% |
| Recurring financial charges | 65 | €2,905 | €84 | -€2,821 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | €23,379 | €18,660 | -€4,719 | -20.2% |
| Income taxes | 67/77 | €8,920 | €6,888 | -€2,032 | -22.8% |
| Profit (loss) for the period | 9904 | €14,459 | €11,773 | -€2,687 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,459 | €11,773 | -€2,687 | -18.6% |
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 9 October 2026 via checked.be.