OPTIQUE IFERGAN: 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 IFERGAN
Largest movements
- Cash -€16,881
down €16,881 (-30.8%), from €54,756 to €37,876
mainly Net result for the year (-€15,751) and Tax, wage and social debts (-€8,912)
- Tangible fixed assets -€13,332
down €13,332 (-22.6%), from €59,032 to €45,700
of which Furniture and vehicles: -€6,868
- Stocks and contracts -€6,394
down €6,394 (-11.5%), from €55,444 to €49,051
- Profit (loss) carried forward -€15,751
down €15,751 (-18.9%), from €83,476 to €67,726
- Tax, wage and social debts -€8,912
down €8,912 (-77.8%), from €11,461 to €2,549
of which Taxes: -€5,654
- Current portion of long-term debt -€4,147
down €4,147 (-18.8%), from €22,029 to €17,882
- Debts after one year -€2,882
no longer reported in 2025 (was €2,882)
- Trade debts -€2,697
down €2,697 (-6.7%), from €40,521 to €37,824
- Gross operating margin -€40,624
down €40,624 (-61.2%), from €66,382 to €25,758
- Other operating charges +€9,776
up €9,776 (+323.9%), from €3,019 to €12,794
- Staff costs -€5,734
down €5,734 (-52.5%), from €10,929 to €5,196
- Taxes -€4,368
down €4,368 (-41.2%), from €10,605 to €6,238
- Depreciation -€694
down €694 (-4.4%), from €15,600 to €14,906
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 | €181,184 | €144,665 | -€36,519 | -20.2% |
| Fixed assets | 21/28 | €59,355 | €46,023 | -€13,332 | -22.5% |
| Tangible fixed assets | 22/27 | €59,032 | €45,700 | -€13,332 | -22.6% |
| Plant, machinery and equipment | 23 | €989 | €814 | -€175 | -17.7% |
| Furniture and vehicles | 24 | €7,715 | €847 | -€6,868 | -89.0% |
| Other tangible fixed assets | 26 | €50,328 | €44,039 | -€6,289 | -12.5% |
| Financial fixed assets | 28 | €323 | €323 | = | 0.0% |
| Current assets | 29/58 | €121,829 | €98,642 | -€23,187 | -19.0% |
| Stocks and contracts in progress | 3 | €55,444 | €49,051 | -€6,394 | -11.5% |
| Stocks | 30/36 | €55,444 | €49,051 | -€6,394 | -11.5% |
| Amounts receivable within one year | 40/41 | €7,711 | €8,675 | +€964 | +12.5% |
| Trade receivables | 40 | €526 | - | -€526 | |
| Other amounts receivable | 41 | €7,185 | €8,675 | +€1,490 | +20.7% |
| Cash at bank and in hand | 54/58 | €54,756 | €37,876 | -€16,881 | -30.8% |
| Deferred charges and accrued income | 490/1 | €3,918 | €3,041 | -€877 | -22.4% |
| Total equity and liabilities | 10/49 | €181,184 | €144,665 | -€36,519 | -20.2% |
| Equity | 10/15 | €102,076 | €86,326 | -€15,751 | -15.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,476 | €67,726 | -€15,751 | -18.9% |
| Amounts payable | 17/49 | €79,108 | €58,340 | -€20,768 | -26.3% |
| Amounts payable after more than one year | 17 | €2,882 | - | -€2,882 | |
| Financial debts | 170/4 | €2,882 | - | -€2,882 | |
| Amounts payable within one year | 42/48 | €76,225 | €58,340 | -€17,886 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €22,029 | €17,882 | -€4,147 | -18.8% |
| Financial debts | 43 | €85 | €85 | = | 0.0% |
| Credit institutions | 430/8 | €85 | €85 | = | 0.0% |
| Trade debts | 44 | €40,521 | €37,824 | -€2,697 | -6.7% |
| Suppliers | 440/4 | €40,521 | €37,824 | -€2,697 | -6.7% |
| Taxes, remuneration and social security | 45 | €11,461 | €2,549 | -€8,912 | -77.8% |
| Taxes | 450/3 | €8,202 | €2,549 | -€5,654 | -68.9% |
| Remuneration and social security | 454/9 | €3,258 | - | -€3,258 | |
| Other amounts payable | 47/48 | €2,130 | - | -€2,130 | |
| Remuneration, social security and pensions | 62 | €10,929 | €5,196 | -€5,734 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,600 | €14,906 | -€694 | -4.4% |
| Other operating charges | 640/8 | €3,019 | €12,794 | +€9,776 | +323.9% |
| Non-recurring operating charges | 66A | €121 | - | -€121 | |
| Gross operating margin | 9900 | €66,382 | €25,758 | -€40,624 | -61.2% |
| Operating profit (loss) | 9901 | €36,713 | -€7,138 | -€43,851 | |
| Financial income | 75/76B | €1,581 | €915 | -€666 | -42.1% |
| Recurring financial income | 75 | €1,581 | €915 | -€666 | -42.1% |
| Financial charges | 65/66B | €2,949 | €3,290 | +€341 | +11.6% |
| Recurring financial charges | 65 | €2,949 | €3,290 | +€341 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €35,345 | -€9,513 | -€44,858 | |
| Income taxes | 67/77 | €10,605 | €6,238 | -€4,368 | -41.2% |
| Profit (loss) for the period | 9904 | €24,740 | -€15,751 | -€40,490 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,740 | -€15,751 | -€40,490 |
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 5 October 2026 via checked.be.