OPTIVA: 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.
OPTIVA
Largest movements
- Tangible fixed assets -€50,181
down €50,181 (-10.5%), from €478,387 to €428,206
of which Land and buildings: -€26,664
- Cash -€16,626
down €16,626 (-34.7%), from €47,935 to €31,309
mainly Contributions, distributions and other (-€137,498) and Debts after one year (-€50,620)
- Receivables within one year +€9,306
up €9,306 (+82.0%), from €11,345 to €20,652
of which Trade receivables: +€6,856
- Reserves -€115,556
down €115,556 (-55.1%), from €209,628 to €94,072
of which Distributable reserves: -€115,556
- Other debts +€104,199
up €104,199 (+404.9%), from €25,737 to €129,937
- Debts after one year -€50,620
down €50,620 (-21.8%), from €232,349 to €181,729
- Tax, wage and social debts +€7,851
up €7,851 (+34.0%), from €23,110 to €30,960
of which Taxes: +€9,855
- Staff costs +€6,922
up €6,922 (+12.0%), from €57,833 to €64,755
- Depreciation -€4,623
down €4,623 (-7.7%), from €59,753 to €55,130
- Gross operating margin +€4,106
up €4,106 (+2.7%), from €154,022 to €158,128
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 | €554,496 | €496,974 | -€57,521 | -10.4% |
| Fixed assets | 21/28 | €478,412 | €428,231 | -€50,181 | -10.5% |
| Tangible fixed assets | 22/27 | €478,387 | €428,206 | -€50,181 | -10.5% |
| Land and buildings | 22 | €429,433 | €402,769 | -€26,664 | -6.2% |
| Plant, machinery and equipment | 23 | €3,326 | €2,457 | -€870 | -26.1% |
| Furniture and vehicles | 24 | €1,913 | €789 | -€1,124 | -58.8% |
| Other tangible fixed assets | 26 | €43,714 | €22,192 | -€21,523 | -49.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €76,084 | €68,743 | -€7,341 | -9.6% |
| Amounts receivable within one year | 40/41 | €11,345 | €20,652 | +€9,306 | +82.0% |
| Trade receivables | 40 | €8,880 | €15,736 | +€6,856 | +77.2% |
| Other amounts receivable | 41 | €2,465 | €4,915 | +€2,451 | +99.4% |
| Current investments | 50/53 | €14,999 | €15,000 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €47,935 | €31,309 | -€16,626 | -34.7% |
| Deferred charges and accrued income | 490/1 | €1,805 | €1,782 | -€23 | -1.3% |
| Total equity and liabilities | 10/49 | €554,496 | €496,974 | -€57,521 | -10.4% |
| Equity | 10/15 | €214,027 | €98,471 | -€115,556 | -54.0% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €209,628 | €94,072 | -€115,556 | -55.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €209,628 | €94,072 | -€115,556 | -55.1% |
| Profit (loss) carried forward | 14 | €4,399 | €4,399 | = | 0.0% |
| Amounts payable | 17/49 | €340,469 | €398,503 | +€58,034 | +17.0% |
| Amounts payable after more than one year | 17 | €232,349 | €181,729 | -€50,620 | -21.8% |
| Financial debts | 170/4 | €232,349 | €181,729 | -€50,620 | -21.8% |
| Amounts payable within one year | 42/48 | €108,120 | €216,774 | +€108,654 | +100.5% |
| Current portion of amounts payable after more than one year | 42 | €51,821 | €50,620 | -€1,200 | -2.3% |
| Financial debts | 43 | €1,289 | €1,286 | -€4 | -0.3% |
| Credit institutions | 430/8 | €1,289 | - | -€1,289 | |
| Other loans | 439 | - | €1,286 | +€1,286 | |
| Trade debts | 44 | €6,163 | €3,971 | -€2,192 | -35.6% |
| Suppliers | 440/4 | €6,163 | €3,971 | -€2,192 | -35.6% |
| Taxes, remuneration and social security | 45 | €23,110 | €30,960 | +€7,851 | +34.0% |
| Taxes | 450/3 | €9,686 | €19,541 | +€9,855 | +101.7% |
| Remuneration and social security | 454/9 | €13,423 | €11,419 | -€2,004 | -14.9% |
| Other amounts payable | 47/48 | €25,737 | €129,937 | +€104,199 | +404.9% |
| Remuneration, social security and pensions | 62 | €57,833 | €64,755 | +€6,922 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,753 | €55,130 | -€4,623 | -7.7% |
| Other operating charges | 640/8 | €403 | €75 | -€327 | -81.3% |
| Gross operating margin | 9900 | €154,022 | €158,128 | +€4,106 | +2.7% |
| Operating profit (loss) | 9901 | €36,034 | €38,168 | +€2,134 | +5.9% |
| Financial income | 75/76B | €3 | €2 | -€1 | -36.6% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -36.6% |
| Financial charges | 65/66B | €7,253 | €6,110 | -€1,143 | -15.8% |
| Recurring financial charges | 65 | €7,253 | €6,110 | -€1,143 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €28,784 | €32,059 | +€3,275 | +11.4% |
| Income taxes | 67/77 | €9,885 | €10,117 | +€232 | +2.3% |
| Profit (loss) for the period | 9904 | €18,899 | €21,942 | +€3,044 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,899 | €21,942 | +€3,044 | +16.1% |
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 11 October 2026 via checked.be.