OPTIQUE MARLIERE: 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 MARLIERE
Largest movements
- Receivables within one year -€132,585
down €132,585 (-68.9%), from €192,387 to €59,802
of which Trade receivables: -€71,493
- Tangible fixed assets -€81,187
down €81,187 (-14.3%), from €568,527 to €487,340
- Stocks and contracts +€74,554
up €74,554 (+17.2%), from €433,156 to €507,710
- Cash +€22,722
up €22,722 (+37.4%), from €60,768 to €83,490
mainly Receivables within one year (+€132,585) and Depreciation (+€93,074)
- Debts after one year -€158,090
down €158,090 (-22.7%), from €696,159 to €538,069
- Other debts +€79,919
up €79,919 (+113%), from €70,816 to €150,735
- Trade debts -€66,387
down €66,387 (-26.9%), from €247,226 to €180,838
- Reserves +€36,982
up €36,982 (+6.3%), from €586,696 to €623,678
of which Distributable reserves: +€38,000
- Turnover -€1.6m
no longer reported in 2025 (was €1.6m)
- Purchases and services -€1.1m
no longer reported in 2025 (was €1.1m)
- Gross operating margin +€102,527
up €102,527 (+17.5%), from €584,825 to €687,353
- Staff costs +€69,796
up €69,796 (+22.1%), from €315,639 to €385,435
- Financial charges +€58,209
up €58,209 (+64.1%), from €90,803 to €149,012
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 | €1,886,512 | €1,766,984 | -€119,527 | -6.3% |
| Fixed assets | 21/28 | €1,192,113 | €1,105,462 | -€86,651 | -7.3% |
| Intangible fixed assets | 21 | €16,540 | €11,076 | -€5,464 | -33.0% |
| Tangible fixed assets | 22/27 | €568,527 | €487,340 | -€81,187 | -14.3% |
| Land and buildings | 22 | €324,368 | €301,325 | -€23,043 | -7.1% |
| Plant, machinery and equipment | 23 | €121,919 | €88,903 | -€33,016 | -27.1% |
| Furniture and vehicles | 24 | €37,514 | €27,721 | -€9,794 | -26.1% |
| Other tangible fixed assets | 26 | €84,726 | €69,391 | -€15,335 | -18.1% |
| Financial fixed assets | 28 | €607,046 | €607,046 | = | 0.0% |
| Current assets | 29/58 | €694,399 | €661,523 | -€32,876 | -4.7% |
| Stocks and contracts in progress | 3 | €433,156 | €507,710 | +€74,554 | +17.2% |
| Stocks | 30/36 | €433,156 | €507,710 | +€74,554 | +17.2% |
| Amounts receivable within one year | 40/41 | €192,387 | €59,802 | -€132,585 | -68.9% |
| Trade receivables | 40 | €87,567 | €16,074 | -€71,493 | -81.6% |
| Other amounts receivable | 41 | €104,821 | €43,728 | -€61,093 | -58.3% |
| Cash at bank and in hand | 54/58 | €60,768 | €83,490 | +€22,722 | +37.4% |
| Deferred charges and accrued income | 490/1 | €8,087 | €10,520 | +€2,433 | +30.1% |
| Total equity and liabilities | 10/49 | €1,886,512 | €1,766,984 | -€119,527 | -6.3% |
| Equity | 10/15 | €600,688 | €638,991 | +€38,303 | +6.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €586,696 | €623,678 | +€36,982 | +6.3% |
| Tax-exempt reserves | 132 | €56,836 | €55,818 | -€1,018 | -1.8% |
| Distributable reserves | 133 | €529,860 | €567,860 | +€38,000 | +7.2% |
| Profit (loss) carried forward | 14 | €1,592 | €2,913 | +€1,321 | +83.0% |
| Provisions and deferred taxes | 16 | €678 | €339 | -€339 | -50.0% |
| Deferred taxes | 168 | €678 | €339 | -€339 | -50.0% |
| Amounts payable | 17/49 | €1,285,146 | €1,127,655 | -€157,491 | -12.3% |
| Amounts payable after more than one year | 17 | €696,159 | €538,069 | -€158,090 | -22.7% |
| Financial debts | 170/4 | €696,159 | €538,069 | -€158,090 | -22.7% |
| Amounts payable within one year | 42/48 | €581,270 | €589,585 | +€8,315 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €160,637 | €164,883 | +€4,246 | +2.6% |
| Financial debts | 43 | €6,789 | €0 | -€6,789 | -100% |
| Credit institutions | 430/8 | €6,789 | €0 | -€6,789 | -100% |
| Trade debts | 44 | €247,226 | €180,838 | -€66,387 | -26.9% |
| Suppliers | 440/4 | €247,226 | €180,838 | -€66,387 | -26.9% |
| Taxes, remuneration and social security | 45 | €95,802 | €93,129 | -€2,673 | -2.8% |
| Taxes | 450/3 | €49,041 | €43,322 | -€5,719 | -11.7% |
| Remuneration and social security | 454/9 | €46,761 | €49,808 | +€3,047 | +6.5% |
| Other amounts payable | 47/48 | €70,816 | €150,735 | +€79,919 | +113% |
| Accrued charges and deferred income | 492/3 | €7,717 | €0 | -€7,717 | -100% |
| Turnover | 70 | €1,630,780 | - | -€1.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,143,802 | - | -€1.1m | |
| Remuneration, social security and pensions | 62 | €315,639 | €385,435 | +€69,796 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,584 | €93,074 | -€1,510 | -1.6% |
| Other operating charges | 640/8 | €20,862 | €10,234 | -€10,628 | -50.9% |
| Gross operating margin | 9900 | €584,825 | €687,353 | +€102,527 | +17.5% |
| Operating profit (loss) | 9901 | €153,741 | €198,609 | +€44,869 | +29.2% |
| Financial income | 75/76B | €3,139 | €7,110 | +€3,971 | +127% |
| Recurring financial income | 75 | €3,139 | €7,110 | +€3,971 | +127% |
| Financial charges | 65/66B | €90,803 | €149,012 | +€58,209 | +64.1% |
| Recurring financial charges | 65 | €90,803 | €149,012 | +€58,209 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €66,076 | €56,707 | -€9,369 | -14.2% |
| Transfer from deferred taxes | 780 | €339 | €339 | = | 0.0% |
| Income taxes | 67/77 | €21,545 | €18,743 | -€2,802 | -13.0% |
| Profit (loss) for the period | 9904 | €44,870 | €38,303 | -€6,567 | -14.6% |
| Transfer from tax-exempt reserves | 789 | €1,018 | €1,018 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,888 | €39,321 | -€6,567 | -14.3% |
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 25 October 2026 via checked.be.