OPTIWATCH: 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.
OPTIWATCH
Largest movements
- Receivables within one year -€24,286
down €24,286 (-71.6%), from €33,899 to €9,613
of which Other amounts receivable: -€28,742
- Cash +€430
up €430 (+19.5%), from €2,201 to €2,631
mainly Receivables within one year (+€24,286) and Other debts (+€11,122)
- Profit (loss) carried forward -€17,694
down €17,694 (-94.1%), from -€18,797 to -€36,491
- Trade debts -€13,084
down €13,084 (-53.2%), from €24,586 to €11,502
- Other debts +€11,122
up €11,122 (+211.8%), from €5,252 to €16,374
- Accrued charges and deferred income -€4,200
down €4,200 (-91.3%), from €4,599 to €400
- Taxes +€13,690
new in 2025: €13,690
- Gross operating margin +€6,951
up €6,951 (+83.9%), from -€8,287 to -€1,335
- Other operating charges +€1,860
up €1,860 (+294.9%), from €631 to €2,490
- Financial charges -€172
down €172 (-52.8%), from €325 to €153
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 | €36,100 | €12,244 | -€23,856 | -66.1% |
| Current assets | 29/58 | €36,100 | €12,244 | -€23,856 | -66.1% |
| Amounts receivable within one year | 40/41 | €33,899 | €9,613 | -€24,286 | -71.6% |
| Trade receivables | 40 | €4,904 | €9,360 | +€4,456 | +90.9% |
| Other amounts receivable | 41 | €28,994 | €253 | -€28,742 | -99.1% |
| Cash at bank and in hand | 54/58 | €2,201 | €2,631 | +€430 | +19.5% |
| Total equity and liabilities | 10/49 | €36,100 | €12,244 | -€23,856 | -66.1% |
| Equity | 10/15 | €1,663 | -€16,031 | -€17,694 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,797 | -€36,491 | -€17,694 | -94.1% |
| Amounts payable | 17/49 | €34,437 | €28,275 | -€6,162 | -17.9% |
| Amounts payable within one year | 42/48 | €29,838 | €27,875 | -€1,962 | -6.6% |
| Trade debts | 44 | €24,586 | €11,502 | -€13,084 | -53.2% |
| Suppliers | 440/4 | €24,586 | €11,502 | -€13,084 | -53.2% |
| Other amounts payable | 47/48 | €5,252 | €16,374 | +€11,122 | +211.8% |
| Accrued charges and deferred income | 492/3 | €4,599 | €400 | -€4,200 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €25 | +€25 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €631 | €2,490 | +€1,860 | +294.9% |
| Gross operating margin | 9900 | -€8,287 | -€1,335 | +€6,951 | +83.9% |
| Operating profit (loss) | 9901 | -€8,917 | -€3,851 | +€5,067 | +56.8% |
| Financial charges | 65/66B | €325 | €153 | -€172 | -52.8% |
| Recurring financial charges | 65 | €325 | €153 | -€172 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,242 | -€4,004 | +€5,238 | +56.7% |
| Income taxes | 67/77 | - | €13,690 | +€13,690 | |
| Profit (loss) for the period | 9904 | -€9,242 | -€17,694 | -€8,452 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,242 | -€17,694 | -€8,452 | -91.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.