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OPTISUN: 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.

What changed

OPTISUN

BE 0807.259.239
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,015
2024 · €7,162-€5,147
Equity
€145,727
2024 · €161,058-€15,331
Cash
€10,943
2024 · €47,712-€36,769
Balance sheet total
€333,572
2024 · €368,486-€34,914

Largest movements

2024 to 2025
Assets
  • Cash -€36,769

    down €36,769 (-77.1%), from €47,712 to €10,943

    mainly Debts after one year (-€19,331) and Current investments (-€18,729)

  • Current investments +€18,729

    new in 2025: €18,729

  • Tangible fixed assets -€10,413

    down €10,413 (-3.5%), from €294,768 to €284,355

    of which Land and buildings: -€8,114

  • Deferred charges and accrued income -€5,712

    down €5,712 (-23.0%), from €24,857 to €19,145

Equity and liabilities
  • Debts after one year -€19,331

    down €19,331 (-12.1%), from €159,821 to €140,490

  • Reserves -€15,331

    down €15,331 (-10.8%), from €142,458 to €127,127

Income statement
  • Gross operating margin -€5,372

    down €5,372 (-19.7%), from €27,300 to €21,928

  • Financial income -€1,167

    down €1,167 (-97.4%), from €1,198 to €31

  • Financial charges -€885

    down €885 (-12.0%), from €7,383 to €6,498

  • Taxes -€520

    down €520 (-22.9%), from €2,270 to €1,750

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €7,162
Gross operating margin -€5,372
Depreciation -€13
Other operating charges -€0
Financial income -€1,167
Financial charges +€885
Taxes +€520
Result 2025 €2,015

Cash bridge derived

cash 2024 to 2025

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.

From operations +€17,936
Investment -€18,729
Financing -€35,976
Cash 2024 €47,712
Net result for the year +€2,015
Depreciation +€10,414
Receivables within one year +€749
Deferred charges and accrued income +€5,712
Trade debts -€1,495
Tax, wage and social debts -€520
Other debts +€1,063
Investment in fixed assets (net) -€0
Current investments -€18,729
Debts after one year -€19,331
Current portion of long-term debt +€701
Contributions, distributions and other -€17,347
Cash 2025 €10,943
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €368,486 €333,572 -€34,914 -9.5%
Fixed assets 21/28 €294,768 €284,355 -€10,413 -3.5%
Tangible fixed assets 22/27 €294,768 €284,355 -€10,413 -3.5%
Land and buildings 22 €287,416 €279,302 -€8,114 -2.8%
Plant, machinery and equipment 23 €7,352 €5,052 -€2,300 -31.3%
Current assets 29/58 €73,718 €49,217 -€24,501 -33.2%
Amounts receivable within one year 40/41 €1,149 €400 -€749 -65.2%
Other amounts receivable 41 €1,149 €400 -€749 -65.2%
Current investments 50/53 - €18,729 +€18,729
Cash at bank and in hand 54/58 €47,712 €10,943 -€36,769 -77.1%
Deferred charges and accrued income 490/1 €24,857 €19,145 -€5,712 -23.0%
Total equity and liabilities 10/49 €368,486 €333,572 -€34,914 -9.5%
Equity 10/15 €161,058 €145,727 -€15,331 -9.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €142,458 €127,127 -€15,331 -10.8%
Distributable reserves 133 €142,458 €127,127 -€15,331 -10.8%
Amounts payable 17/49 €207,428 €187,845 -€19,583 -9.4%
Amounts payable after more than one year 17 €159,821 €140,490 -€19,331 -12.1%
Financial debts 170/4 €159,821 €140,490 -€19,331 -12.1%
Amounts payable within one year 42/48 €47,607 €47,355 -€252 -0.5%
Current portion of amounts payable after more than one year 42 €18,630 €19,331 +€701 +3.8%
Trade debts 44 €2,398 €903 -€1,495 -62.4%
Suppliers 440/4 €2,398 €903 -€1,495 -62.4%
Taxes, remuneration and social security 45 €2,270 €1,750 -€520 -22.9%
Taxes 450/3 €2,270 €1,750 -€520 -22.9%
Other amounts payable 47/48 €24,309 €25,372 +€1,063 +4.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,401 €10,414 +€13 +0.1%
Other operating charges 640/8 €1,282 €1,282 +€0 0.0%
Gross operating margin 9900 €27,300 €21,928 -€5,372 -19.7%
Operating profit (loss) 9901 €15,617 €10,232 -€5,385 -34.5%
Financial income 75/76B €1,198 €31 -€1,167 -97.4%
Recurring financial income 75 €1,198 €31 -€1,167 -97.4%
Financial charges 65/66B €7,383 €6,498 -€885 -12.0%
Recurring financial charges 65 €7,383 €6,498 -€885 -12.0%
Profit (loss) for the period before taxes 9903 €9,432 €3,765 -€5,667 -60.1%
Income taxes 67/77 €2,270 €1,750 -€520 -22.9%
Profit (loss) for the period 9904 €7,162 €2,015 -€5,147 -71.9%
Profit (loss) for the period to be appropriated 9905 €7,162 €2,015 -€5,147 -71.9%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.