OPTIQUE MULS: 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 MULS
Largest movements
- Tangible fixed assets +€6,156
up €6,156 (+365%), from €1,684 to €7,840
of which Plant, machinery and equipment: +€6,115
- Stocks and contracts +€5,732
up €5,732 (+13.2%), from €43,454 to €49,186
- Cash +€5,306
up €5,306 (+84.4%), from €6,283 to €11,589
mainly Net result for the year (+€18,181) and Receivables within one year (+€4,622)
- Receivables within one year -€4,622
down €4,622 (-48.7%), from €9,486 to €4,864
of which Other amounts receivable: -€6,792
- Profit (loss) carried forward +€18,181
up €18,181 (+23.9%), from -€76,106 to -€57,925
- Short-term financial debts -€7,922
no longer reported in 2025 (was €7,922)
- Other debts -€6,209
down €6,209 (-18.2%), from €34,102 to €27,893
- Tax, wage and social debts +€4,253
up €4,253 (+108%), from €3,954 to €8,207
- Current portion of long-term debt +€3,135
new in 2025: €3,135
- Gross operating margin -€4,484
down €4,484 (-14.9%), from €30,168 to €25,684
- Taxes +€3,914
up €3,914 (+1,113%), from €352 to €4,265
- Other operating charges -€3,364
down €3,364 (-85.1%), from €3,952 to €588
- Financial charges -€1,078
down €1,078 (-41.3%), from €2,611 to €1,533
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 | €60,998 | €73,570 | +€12,572 | +20.6% |
| Fixed assets | 21/28 | €1,774 | €7,930 | +€6,156 | +347% |
| Tangible fixed assets | 22/27 | €1,684 | €7,840 | +€6,156 | +365% |
| Plant, machinery and equipment | 23 | - | €6,115 | +€6,115 | |
| Furniture and vehicles | 24 | €1,684 | €1,725 | +€41 | +2.4% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €59,224 | €65,640 | +€6,416 | +10.8% |
| Stocks and contracts in progress | 3 | €43,454 | €49,186 | +€5,732 | +13.2% |
| Stocks | 30/36 | €43,454 | €49,186 | +€5,732 | +13.2% |
| Amounts receivable within one year | 40/41 | €9,486 | €4,864 | -€4,622 | -48.7% |
| Trade receivables | 40 | €2,694 | €4,864 | +€2,170 | +80.6% |
| Other amounts receivable | 41 | €6,792 | - | -€6,792 | |
| Cash at bank and in hand | 54/58 | €6,283 | €11,589 | +€5,306 | +84.4% |
| Total equity and liabilities | 10/49 | €60,998 | €73,570 | +€12,572 | +20.6% |
| Equity | 10/15 | €3,792 | €21,973 | +€18,181 | +479% |
| Contributions | 10/11 | €21,270 | €21,270 | = | 0.0% |
| Revaluation surpluses | 12 | €58,628 | €58,628 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,106 | -€57,925 | +€18,181 | +23.9% |
| Amounts payable | 17/49 | €57,206 | €51,597 | -€5,608 | -9.8% |
| Amounts payable after more than one year | 17 | - | €1,880 | +€1,880 | |
| Financial debts | 170/4 | - | €1,880 | +€1,880 | |
| Amounts payable within one year | 42/48 | €57,206 | €49,718 | -€7,488 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,135 | +€3,135 | |
| Financial debts | 43 | €7,922 | - | -€7,922 | |
| Credit institutions | 430/8 | €7,922 | - | -€7,922 | |
| Trade debts | 44 | €11,228 | €10,482 | -€745 | -6.6% |
| Suppliers | 440/4 | €11,228 | €10,482 | -€745 | -6.6% |
| Taxes, remuneration and social security | 45 | €3,954 | €8,207 | +€4,253 | +108% |
| Taxes | 450/3 | €3,954 | €8,207 | +€4,253 | +108% |
| Other amounts payable | 47/48 | €34,102 | €27,893 | -€6,209 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €1,159 | +€210 | +22.1% |
| Other operating charges | 640/8 | €3,952 | €588 | -€3,364 | -85.1% |
| Gross operating margin | 9900 | €30,168 | €25,684 | -€4,484 | -14.9% |
| Operating profit (loss) | 9901 | €25,266 | €23,936 | -€1,330 | -5.3% |
| Financial income | 75/76B | €35 | €42 | +€7 | +20.1% |
| Recurring financial income | 75 | €35 | €42 | +€7 | +20.1% |
| Financial charges | 65/66B | €2,611 | €1,533 | -€1,078 | -41.3% |
| Recurring financial charges | 65 | €2,611 | €1,533 | -€1,078 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €22,691 | €22,446 | -€245 | -1.1% |
| Income taxes | 67/77 | €352 | €4,265 | +€3,914 | +1,113% |
| Profit (loss) for the period | 9904 | €22,339 | €18,181 | -€4,159 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,339 | €18,181 | -€4,159 | -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 14 October 2026 via checked.be.