OPTIREP: 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.
OPTIREP
Largest movements
- Tangible fixed assets +€44,721
up €44,721 (+4,379%), from €1,021 to €45,742
- Cash -€32,428
down €32,428 (-34.4%), from €94,337 to €61,909
mainly Investment in fixed assets (net) (-€53,805) and Contributions, distributions and other (-€40,000)
- Receivables within one year -€12,757
down €12,757 (-46.7%), from €27,326 to €14,569
of which Other amounts receivable: -€15,330
- Profit (loss) carried forward -€40,000
down €40,000 (-76.7%), from €52,136 to €12,136
- Reserves +€21,657
up €21,657 (+73.1%), from €29,631 to €51,288
of which Distributable reserves: +€21,657
- Debts after one year +€14,485
new in 2025: €14,485
- Current portion of long-term debt +€6,086
new in 2025: €6,086
- Tax, wage and social debts -€3,697
down €3,697 (-42.3%), from €8,738 to €5,042
- Gross operating margin +€18,375
up €18,375 (+72.2%), from €25,458 to €43,832
- Depreciation +€8,919
up €8,919 (+5,377%), from €166 to €9,085
- Taxes +€2,228
up €2,228 (+28.9%), from €7,717 to €9,945
- Financial income -€1,562
down €1,562 (-73.1%), from €2,138 to €576
- Other operating charges +€1,118
up €1,118 (+82.4%), from €1,357 to €2,476
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 | €123,503 | €123,011 | -€491 | -0.4% |
| Fixed assets | 21/28 | €1,021 | €45,742 | +€44,721 | +4,379% |
| Tangible fixed assets | 22/27 | €1,021 | €45,742 | +€44,721 | +4,379% |
| Furniture and vehicles | 24 | €1,021 | €45,742 | +€44,721 | +4,379% |
| Current assets | 29/58 | €122,481 | €77,269 | -€45,212 | -36.9% |
| Amounts receivable within one year | 40/41 | €27,326 | €14,569 | -€12,757 | -46.7% |
| Trade receivables | 40 | €5,421 | €7,994 | +€2,573 | +47.5% |
| Other amounts receivable | 41 | €21,905 | €6,575 | -€15,330 | -70.0% |
| Cash at bank and in hand | 54/58 | €94,337 | €61,909 | -€32,428 | -34.4% |
| Deferred charges and accrued income | 490/1 | €818 | €791 | -€27 | -3.3% |
| Total equity and liabilities | 10/49 | €123,503 | €123,011 | -€491 | -0.4% |
| Equity | 10/15 | €87,967 | €69,624 | -€18,343 | -20.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,631 | €51,288 | +€21,657 | +73.1% |
| Tax-exempt reserves | 132 | €215 | €215 | = | 0.0% |
| Distributable reserves | 133 | €29,416 | €51,073 | +€21,657 | +73.6% |
| Profit (loss) carried forward | 14 | €52,136 | €12,136 | -€40,000 | -76.7% |
| Provisions and deferred taxes | 16 | €26,560 | €26,560 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,560 | €26,560 | = | 0.0% |
| Pensions and similar obligations | 160 | €26,560 | €26,560 | = | 0.0% |
| Amounts payable | 17/49 | €8,975 | €26,828 | +€17,852 | +199% |
| Amounts payable after more than one year | 17 | - | €14,485 | +€14,485 | |
| Financial debts | 170/4 | - | €14,485 | +€14,485 | |
| Amounts payable within one year | 42/48 | €8,975 | €12,343 | +€3,368 | +37.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,086 | +€6,086 | |
| Trade debts | 44 | €237 | €1,215 | +€978 | +412% |
| Suppliers | 440/4 | €237 | €1,215 | +€978 | +412% |
| Taxes, remuneration and social security | 45 | €8,738 | €5,042 | -€3,697 | -42.3% |
| Taxes | 450/3 | €8,738 | €5,042 | -€3,697 | -42.3% |
| Non-recurring operating income | 76A | - | €5,785 | +€5,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166 | €9,085 | +€8,919 | +5,377% |
| Other operating charges | 640/8 | €1,357 | €2,476 | +€1,118 | +82.4% |
| Gross operating margin | 9900 | €25,458 | €43,832 | +€18,375 | +72.2% |
| Operating profit (loss) | 9901 | €23,935 | €32,272 | +€8,337 | +34.8% |
| Financial income | 75/76B | €2,138 | €576 | -€1,562 | -73.1% |
| Recurring financial income | 75 | €2,138 | €576 | -€1,562 | -73.1% |
| Financial charges | 65/66B | €481 | €1,247 | +€766 | +159% |
| Recurring financial charges | 65 | €481 | €1,247 | +€766 | +159% |
| Profit (loss) for the period before taxes | 9903 | €25,591 | €31,601 | +€6,010 | +23.5% |
| Income taxes | 67/77 | €7,717 | €9,945 | +€2,228 | +28.9% |
| Profit (loss) for the period | 9904 | €17,875 | €21,657 | +€3,782 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,875 | €21,657 | +€3,782 | +21.2% |
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 21 October 2026 via checked.be.